Financial News:
WellSky Expands Investment in Hospice Technology with Acquisition of Consolo Services Group
WellSky (@wellskyhealth), a health and community care technology company backed by TPG Capital, and Consolo Services Group, a portfolio company of Bluff Point Associates and provider of fully-integrated, web-based health IT solutions for the hospice and palliative care industries, are pleased to announce that WellSky has acquired Consolo Services Group.
HealthBI Doubles Customer Base in 2018 After Launching First Multi-Payer Platform for Medicare Advantage and Medicaid Managed Care Coordination
Closing a year marked by aggressive market expansion, HealthBI (@HealthBI_social), a division of Equality Health, saw its CareEmpower® platform become the most widely used, payer-driven care coordination system today for both Medicare Advantage and Medicaid managed care members. As the first payer-agnostic system, CareEmpower is the provider’s central vehicle for meeting quality measures across multiple health plans.
Babyscripts Announces Philips Strategic Investment and Intended Commercial Partnership
Babyscripts, Inc., a virtual care platform for managing obstetrics, announced that Philips, an international health technology company, has taken a minority position in the company by leading a $6 million round of financing. Additional investors include StartUp Health and NueCura Partners.
Verato Secures $10 Million Investment to Continue Mission of Eliminating Duplicate Medical Records
Verato, Inc. (@Verato_Software), a provider of cloud-based patient matching and master patient index technology, announced that it has raised $10 million in Series C financing. The round was led by existing investors Bessemer Venture Partners and Columbia Capital with participation from Blue Heron Capital and California Health Care Foundation. The funding will be used to accelerate the adoption of Verato’s revolutionary new technology by all segments within healthcare – providers, health plans, healthcare services firms, and healthcare technology companies.
DSS Acquires veEDIS Emergency Department Information System Software
Document Storage Systems, Inc. (@dsshealthit), a provider of health information technology (HIT) solutions for federal, private and public healthcare organizations, announced that it has acquired the Emergency Department Information System software from veEDIS Clinical Systems.
Divurgent and Gevity Announce Strategic Business Alliance
Divurgent (@divurgent) and Gevity (@GevityInc), two lhealthcare IT consulting firms, announced that they have formalized a strategic business alliance to mutually benefit their clients by expanding their services across the United States and Canada. Divurgent and Gevity both offer strengths in healthcare information system design, implementation, and optimization and bring to this partnership proven methodologies and innovative practices.
PerfectServe Acquires Telmediq, #1 KLAS Rated Vendor for Secure Communication Platforms
PerfectServe® (@perfectserve), a provider of cloud-based clinical communication and collaboration (CC&C) solutions, announced the acquisition of Telmediq, the top-rated KLAS vendor for secure communication platforms in 2018. The Telmediq acquisition follows an investment last year in PerfectServe by K1 Investment Management (K1), a leading private equity firm focused on high-growth enterprise software companies. The combined power of PerfectServe and Telmediq to connect physicians and nurses across the healthcare continuum creates a clear choice for healthcare organizations looking for wide-ranging CC&C functionality, higher service levels and the latest advancements in technology.
Central Logic Marks 2018 as Year of Robust Revenue Growth, Increased Client Acquisition Rates, and Pivotal Additions to Leadership Team
Central Logic (@CentralLogic), provider of transfer center and on-call scheduling technology, achieved a number of business and strategic goals in 2018, enjoying strong revenue growth, adding new clients to the roster, and growing its experienced leadership team to continue the company’s forward momentum into the new year.
Collaboration News:
Ensocare and Wellpepper Streamline Patient Discharge and Engagement
Ensocare (@EnsocareCircle), a provider of technology-enabled care management solutions, has announced a new partnership with Wellpepper, an award-winning and clinically-validated patient engagement platform used by major health systems to improve outcomes and lower costs of care.
Hill-Rom And EarlySense Define New Standard Of Care With Commercial Launch Of Patient Monitoring Technology For Centrella® Smart+ Beds
Hill-Rom, a global provider of medical technologies and hospital bed manufacturer, announced that EarlySense, provider of contact-free continuous monitoring solutions across the care continuum, has integrated its continuous contact-free heart rate and respiratory rate sensing and analytics technology into Hill-Rom’s Centrella® Smart+ bed platform.
Lumeris Realizes Milestone Achievements in 2018, Including Record Organic Growth and New Strategic Alliances with Cerner and Mutual of Omaha
Lumeris (@lumeris), a value-based care managed services operator for health systems and providers, announced that the company achieved several significant milestones in 2018, including strategic agreements with key industry organizations, partnerships with new provider organizations and/or health plans, excellent results from health plan clients, and a significant expansion of its workforce to accommodate for company growth.
Rhinogram Telehealth Capabilities Now Integrated Into TeleOrthodontic Platform
Rhinogram (@rhinogram), a provider of cloud-based, HIPAA-compliant, telehealth solutions, announced the seamless integration of their telehealth solution with the topsOrtho™ TeleOrthodontic Platform. Through the collaboration with Rhinogram, topsOrtho now offers practices the ability to communicate with patients in real-time via simple texts (SMS) and multimedia texts (MMS) or one-tap access directly from a practice’s Facebook ad, giving the practice the ability to better engage with patients while streamlining workflow.
Medicomp Systems Announces the Successful Deployment of Quippe Clinical Documentation within the CareCloud Platform
Medicomp Systems (@MedicompSys), a physician-driven provider of clinically contextual patient data solutions, announced that CareCloud, the platform for high-growth medical groups, has successfully deployed Quippe Clinical Documentation across its customer base, helping providers to deliver optimal care in the most efficient way. The integration of Quippe into the CareCloud platform facilitates the interoperability of clinical data and advances care coordination between care team members.
Mercy Health Network Partners with PatientPing to Improve Transitions of Care Across Iowa
PatientPing (@PatientPing), a health technology company that connects providers to coordinate patient care, announced its launch in the state of Iowa through its partnership with the Mercy Health Network (MHN), and its accountable care organization (ACO), Mercy ACO. Building on the regional health system of Mercy Health Network, Mercy ACO is an integrated delivery system with locations throughout Iowa and Northeastern Nebraska. The partnership with PatientPing will enable Mercy Health Network to succeed under its value-based care initiatives, while also focusing on its priority of personalizing patient care.
Contract News:
Diameter Health and Health Current to Address Clinical Data Quality in Arizona
Diameter Health, an enabler of clinical insight through the cleansing, deduplication and enrichment of clinical data across the care continuum, has announced that Health Current, Arizona’s health information exchange (HIE), has selected its Fusion and Analyze applications to automate processes and standardize data interchange between payers, providers, and other constituents.
Ochsner Health System and Geneva Health Solutions Partner to Bring Innovation to Louisiana Patients with Cardiac Device Implants
Ochsner Health System (@OchsnerHealth) – a nationally-recognized healthcare system based in Louisiana – announced a new partnership with Geneva Health Solutions (GHS) – a device data management platform and remote monitoring service for implantable cardiac devices. This partnership marks the first time GHS cloud-based technology platform and remote monitoring service for patients with cardiac implants will be utilized in the region – Louisiana, Arkansas, Mississippi, Alabama and Georgia. The GHS system will drive full automated scheduling and reporting in collaboration with Ochsner’s established electronic medical record (EPIC).
Making the Cut:
Ayasdi Wins 2019 Accenture HealthTech Innovation Challenge; Named Innovation Champion
Ayasdi (@ayasdi), a pioneer in the creation and deployment of enterprise-class intelligent applications for the healthcare industry, announced that it was named the Accenture HealthTech Innovation Challenge Innovation Champion. As part of Accenture’s HealthTech Innovation Challenge, startups from around the world demonstrated how their innovative technology and business models help improve the way people access and manage healthcare. Finalists in each regional round in Boston, Dublin, Tokyo and Sydney presented to an exclusive panel of judges comprised of senior executives from leading global health and life sciences organizations. Ten companies, including Ayasdi, presented as finalists at the San Francisco event.
West Virginia’s Williamson Memorial to Implement MEDITECH’s MaaS Solution to Enhance Operational Efficiency
MEDITECH (@MEDITECH), an Enterprise Health Record (EHR) vendor, is excited to see its MEDITECH as a Service, or MaaS, offering continue to gain a foothold in the industry while providing Critical Access Hospitals (CAHs) a subscription to MEDITECH Expanse without the infrastructure or capital cost burdens.
Payformance Solutions Named One of Chicago’s Best Places to Work
Payformance Solutions (@payformanceinc), a provider of value-based reimbursement solutions and services, announced that it has been recognized as one of Chicago’s best places to work by Built In Chicago, a technology recruiting company. Payformance ranked No. 8 overall in Built In Chicago’s Best Places to Work awards, at No. 3 in the Small Companies category, which features companies with fewer than 100 employees, as well as No. 2 in the Best Perks and Benefits category.