Health IT Business News, Financial Edition – September 19, 2024

Trending News

Revelstoke Capital Partners Announces Significant Growth Investment in MediQuant
Revelstoke Capital Partners, a healthcare-focused private equity firm, announced a significant growth investment in MediQuant, LLC, a provider of cloud-based data archiving and interoperability solutions for hospitals and health systems.

NextGen Healthcare Chosen by NJ Institute for Pain Relief to Accelerate Growth
NextGen Healthcare has been chosen by NJ Institute for Pain Relief (NJIFPR), a multidisciplinary team of fellowship trained, board-certified surgeons, pain management specialists and chiropractors, to support its 11 existing locations across New Jersey and new sites planned for 2025 and beyond. The NextGen® Orthopedic Suite and NextGen® Therapy Suite deliver all-in-one electronic health record (EHR) and practice management (PM) solutions while streamlining documentation and billing.

Inovalon’s Payer Cloud Ranked #1 in 2024 By Black Book Research
Inovalon, a provider of cloud-based software solutions empowering data-driven healthcare, announced it ranked #1 by health plan and payer organizations for the fourth year in row for the 2024 Black Book Managed Care and Health Plan IT Survey.

Zscaler Doubles Down on Investments in Australia With New Co-located Data Center
Zscaler, a provider of cloud security, announced the launch of a new co-located data center in Perth to extend greater support to customers in the region to further fortify their organization’s Zero Trust cybersecurity postures.

Mergers and Acquisitions

mPulse Acquires Zipari to Combine Two Leading Healthcare Focused CX Companies
mPulse®, a provider of Health Experience and Insights (HXI) technology, announced it has acquired Zipari, Inc., a provider of healthcare consumer experience technology. The acquisition demonstrates mPulse’s continued execution of its strategy to drive market leadership through strong growth with an ongoing commitment to enhancing healthcare consumer experiences.

Sonio Announces Official Acquisition By Samsung After French Ministry of the Economy and Finance Approval
Sonio, the MedTech company specializing in women’s and children’s health, announces the official approval by the French Ministry of the Economy and Finance of the acquisition of 100% of shares by Samsung.

AssureCare Doubles Down on its Advance Analytics Platform Offering with Acquisition of Clinigence Health
AssureCare, a provider of population health management and value-based care software, announces the acquisition of Clinigence Health, a company offering provider-based population health platforms.

CentralReach Acquires Behavior Science Technology Inc., the Leading ABA Treatment Fidelity Platform
CentralReach, a provider of Autism and IDD Care software for ABA, multidisciplinary, and special education, announced the acquisition of Behavior Science Technology Inc. (BST), a research-backed treatment fidelity platform designed to collect, measure, and track treatment fidelity for Applied Behavior Analysis (ABA) therapy in a standardized way.

Vyne Medical Acquires Extract Systems to Bring the Most Comprehensive Document and Clinical Automation Solution to Healthcare
Vyne Medical®, a leader in the healthcare industry for improving disparate communication process management, announced the acquisition of Extract Systems®, an award-winning provider of advanced data extraction solutions, solidifying Vyne Medical’s position as a leading healthcare automation company.

RLDatix Acquires SocialClimb
RLDatix, a global provider of connected healthcare operations software and services, announced its acquisition of SocialClimb, a healthcare technology company supplying patient satisfaction, reputation management and revenue growth solutions to provider groups, hospitals and health systems.

Contract Announcements

HST Pathways and SYNERGEN Health Establishes Partnership to Enhance Revenue Cycle Management Services for Ambulatory Surgery Centers
HST Pathways, a provider of cloud-based software solutions for ambulatory surgery centers (ASCs), has established a partnership with SYNERGEN Health, a provider of technology-enabled revenue cycle management (RCM) services.

Hint Health and Tendo Care Connect Join Forces to Enhance Employer Healthcare Offerings
Tendo is excited to partner with Hint Health to provide employers with a fully bundled direct care solution, combining the nationwide Direct Primary Care (DPC) network, Hint Connect, with affordable downstream care and procedures through our Care Connect Platform.

PeopleOne Health and RosenCare Enhance Employee Healthcare with Innovative Model for Orange County Public Schools
PeopleOne Health, a trailblazer in value-based primary care, and RosenCare, a premier healthcare provider known for its cutting-edge healthcare solutions, announced a partnership with Orange County Public Schools (OCPS) to deliver their award-winning healthcare services to OCPS employees and their families.

Palomar Health Breaks Ground on New, State-of-the-Art Behavioral Health Facility in Partnership with Lifepoint Behavioral Health
Palomar Health, California’s largest public healthcare district, is breaking ground on Palomar Health Behavioral Health Institute, a new, state-of-the-art behavioral health facility being developed through a joint venture partnership with Lifepoint Behavioral Health, a business unit of Lifepoint Health.

Venture Capitol and Funding

Southwest Minnesota EMS Awarded $9.9M to Expand Ambulance-based Telemedicine
Southwest Minnesota EMS Corp. was awarded $9.9 million in federal funding from the U.S. Department of Transportation’s Safe Streets and Roads for All Program (SS4A) as part of an initiative to improve and expedite post-crash care in rural communities. The money will provide every EMS agency in the 18-county region—representing 54 EMS agencies and 109 ambulances—with Avel eCare’s EMS services.

Making the Cut, Milestones, Accolades, Awards and More

AGS Health Earns Great Place To Work Certification™
AGS Health, a provider of tech-enabled revenue cycle management (RCM) solutions and a strategic growth partner to healthcare providers across the U.S., announced it has been Certified™ by Great Place To Work® in the U.S. Rankings in the annual program are determined based on surveys of current employees, 85% of whom ranked AGS Health, which was also Certified in India and the Philippines, as a “great place to work.”

Ten Years and Counting: ModMed Celebrates its Long-Lasting Client Relationships
ModMed is celebrating its decade-long relationship with over 700 practices, a milestone that marks a significant achievement in the company’s commitment to providing exceptional service and support to the healthcare community.