Health IT Business News, Financial Edition – October 17, 2024

Trending News

Brillio Expands India Footprint with the Inauguration of New Center in Gurugram
Brillio, a digital transformation services and solutions provider, announced the opening of its new state-of-the-art center in Gurugram, India.

Zscaler and Okta Enhance Enterprise Cybersecurity with New Zero Trust Integrations
Zscaler and Okta announced four new integrations designed to accelerate their mutual customers’ zero trust transformation. By delivering end-to-end, context-aware security, Okta and Zscaler are helping customers reduce risk, improve the user experience, and enable cross-domain response through shared telemetry and threat intelligence.

NextGen Healthcare Tops KLAS Small Practice Report
NextGen Healthcare announced that it has been named a top performer in the KLAS Small Practice Ambulatory EHR/PM 2024 Report. Based on feedback from small practices (1-10 physicians) around the country, the report explores small practices’ functionality needs and highlights common gaps in ambulatory electronic health record (EHR) and practice management (PM) solutions.

Waystar to Announce Third Quarter 2024 Financial Results on November 6, 2024
Waystar Holding Corp., a provider of healthcare payment software, announced that it will report financial results for the third quarter ended September 30, 2024, after market close on Wednesday, November 6, 2024. The company will discuss its financial results on a conference call at 4:30 p.m. Eastern Time that same day.

Mergers and Acquisitions

HHAeXchange Acquires Sandata Technologies, Enhancing Ability to Serve Homecare Providers, Payers, and Caregivers Nationwide
HHAeXchange, a provider of homecare management solutions for providers, caregivers, managed care organizations (MCOs), and state Medicaid programs, announced that it has acquired Sandata Technologies.

Ensemble Announces Strategic Revenue Cycle Partnership with Mary Washington Healthcare
Ensemble, a provider of revenue cycle management for mid-sized to large healthcare organizations, announced that is has been selected by Mary Washington Healthcare (MWHC) as their strategic revenue cycle management partner. Ensemble brings a combination of innovative technologies and exceptional operators that will drive financial performance improvement and world-class patient experiences.

Harmony Healthcare IT Announces Acquisition of Trinisys
Harmony Healthcare IT, a first-to-market innovator of health data management and platform solutions, announces the acquisition of Trinisys, a leader in data management based in Nashville, Tennessee. The acquisition enables Harmony Healthcare IT to advance its delivery of enterprise solutions supporting comprehensive data lifecycle management for healthcare.

Fullscript Acquires Rupa Health
Fullscript, a healthcare platform for whole person care, announced the acquisition of Rupa Health, a company that helps practitioners order, track and manage more than 3,000 laboratory tests in a single interface.

Contract Announcements

Griffin Health Chooses Vyne Medical to Enhance Delivery of Patient-Centric Care
Vyne Medical®, a leader in the healthcare industry for improving data and communication process management, announces a partnership with Griffin Health, a 160-bed acute care community hospital serving more than 130,000 residents of the Lower Naugatuck Valley Region in Connecticut.

Venture Capitol and Funding

Gladia Raises $16 Million in Series A Funding: Launches the First Multilingual Real-Time Audio Transcription and Analytics Engine
Gladia, an AI transcription and audio intelligence provider, has completed a USD $16 million Series A funding round. The company will use the funding to develop an end-to-end audio infrastructure – starting with a new real-time audio transcription and analytics engine – enabling voice-first platforms to deliver more value to their users across borders with cutting-edge AI.

Making the Cut, Milestones, Accolades, Awards and More

CenTrak recognized as a global RTLS leader by Frost & Sullivan
Frost & Sullivan has named CenTrak the 2024 Company of the Year in the global healthcare real-time location systems (RTLS) industry. The recognition was achieved following Frost & Sullivan’s rigorous analytical and interview processes evaluating visionary innovation, performance, and customer impact.

Palomar Health Medical Group Doctors Earn Prestigious 2024 Top Doctors Award From San Diego County Medical Society
Palomar Health Medical Group is honored to announce a list of 20 doctors who were recognized as 2024 San Diego Top Doctors Awardees by the San Diego County Medical Society.