What You Should Know:
- Kareo, a provider of cloud-based clinical and financial software, and PatientPop, a provider of practice growth technology, today announced the closing of their merger and the unveiling of the combined company’s new name, Tebra.
- The name Tebra is derived from the word “vertebrae” and symbolizes the role the new company serves as the backbone of practice success, delivering digital technology to connect providers and their patients. The combined company currently
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Archives for 2021
EverCommerce Acquires DrChrono to Expand Suite of Solutions for Independent Practices
What You Should Know:
- Today EverCommerce Inc., a service commerce platform, announced that it has entered into a definitive agreement to acquire DrChrono Inc., a Sunnyvale, CA-based SaaS practice management and EHR platform for modern medical practices.
- DrChrono offers an all-in-one, cloud-based practice management, EHR, and billing solution to make healthcare more informed, more interactive, and more personalized. Financial details of the acquisition were not
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LightForce Orthodontics Secures $50M for Customized, 3D Printed Orthodontic Solutions
What You Should Know:
- LightForce Orthodontics, makers of the world’s only fully customizable 3D printed braces system, today announced that the company raised a $50 million Series C round led by Kleiner Perkins. Previous LightForce investors also participated in this round, including Matrix Partners, Tyche Partners, and AM Ventures.
- The new funds will allow LightForce to offer training and education to orthodontists so that they are maximizing the technology for their patients while
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Is the Smartphone Key to Unlocking Frictionless Patient Registration?
Since the beginning of healthcare’s digital revolution, organizations have been striving to achieve the Triple Aim of healthcare: better outcomes, lower costs, and improved patient experiences.
While reimbursement reforms and regulatory actions have helped realize measurable gains in population health and overall spending, progress on the patient experience piece hasn’t always been as clear-cut.
Firstly, patient satisfaction is a hard concept to quantify. And the
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How Hospitals Can Help Patients Meet Financial Obligation While Driving Revenue Excellence
Medical debt in the US has reached crisis proportions. According to a recent study published by JAMA Network, unpaid healthcare bills are one of the largest sources of debt for Americans, reaching $140 billion last year. The impact is not limited to patients. Healthcare providers are feeling the pinch as well. On average, uncompensated care accounts for approximately 8% of a hospital’s expenses.
The inability to pay medical bills is strongly correlated with a lack of
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Children’s Health Alliance Deploys Innovaccer Health Cloud
What You Should Know:
- Children's Health Alliance, Oregon’s largest pediatric IPA, has moved to Innovacccer Health Cloud. CHA turned to Innovaccer’s Data Activation Platform to help its providers collaborate across care sites and deliver high-quality care.
- CHA will also use Innovaccer's Physician Engagement solution to give clinicians actionable insights that support accurate coding and quality care management in the clinical setting. Analytics from the
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HealthEquity Completes $455M Acquisition of HSA Custodian Further
What You Should Know:
- HealthEquity, completed the acquisition of Further, a leading provider of HSA and consumer-directed benefit (“CDB”) administration services, and the nation’s ninth largest HSA custodian. The acquisition of Further and its technology expands HealthEquity’s leadership in the growing HSA market and enhances its ability to better serve their customers. The deal also adds to HealthEquity’s Total Solution
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How Healthcare NLP has Evolved from 2020 to 2021
Few industries have embraced natural language processing (NLP) as openly as healthcare. With the ability to identify new variants of COVID-19 and help speed up clinical trials for the vaccine, the pandemic is just one example of what NLP is capable of achieving. And while new research points to NLP budgets growing significantly across vertical industries, locations, company sizes, and maturity levels, healthcare is leading the pack.
Big strides have been made in AI and NLP over the last year,
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Blue Shield of CA Adds Headspace App to Wellvolution Program to Improve Mental Wellbeing
What You Should Know:
- Blue Shield of California announced that mindfulness and meditation app Headspace is now available to its members through the nonprofit health plan’s Wellvolution program.
- Headspace offers hundreds of tools and more than 1,000 exercises to reduce stress and improve one’s mental wellbeing. The app joins the extensive resources offered on Blue Shield’s Wellvolution, a digitally based lifestyle medicine and health platform provided in collaboration with Solera Health
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Medsphere Gets $50M Credit Facility to Power Health Platform Strategy
What You Should Know:
- Medsphere Systems Corporation, a provider of affordable and interoperable healthcare IT platform solutions, today announced that Wells Fargo has extended a $50 million credit facility that will enable Medsphere to continue its current growth trajectory.
- Medsphere is continuing to develop a comprehensive health platform that incorporates existing technology platforms and service lines
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