What You Should Know:
- Clarify Health, a cloud analytics company delivering real-world insights to healthcare and life sciences organizations, announced today the acquisition of the Value Optimization business of Apervita, the trusted platform for healthcare collaboration for payers, providers and other stakeholders. Financial details of the acquisition were not disclosed.
- This acquisition bolsters Clarify’s integrated analytics platform for end-to-end value-based contract design,
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Archives for 2021
RV Health Acquires Healthgrades.com from Mercury Healthcare – M&A
What You Should Know:
- RV Health, a Red Ventures business, has acquired Healthgrades.com from Mercury Healthcare, the new brand for the separate enterprise-wide technology and data platform for health systems formerly known as Healthgrades, which will remain a separate business. Financial details of the acquisition were not disclosed.
- Healthgrades.com is the leading online marketplace to find and connect with the right doctor, the right hospital, and the right care. As part of the
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PE Firm WCAS Launches $300M Value-Based Care Portfolio Company, Valtruis
What You Should Know:
Welsh, Carson, Anderson & Stowe (“WCAS”), a leading private equity firm focused exclusively on the healthcare and technology industries, announced that it is launching Valtruis, a unique portfolio company that will invest in and partner with value-based care driven healthcare companies. WCAS is committing an initial $300M to this platform.
Founded on a commitment to accelerate meaningful change, Valtruis brings the functional expertise, access to capital and an
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Microsoft Cloud for Healthcare Launches Azure Healthcare APIs
What You Should Know:
- Microsoft Cloud for Healthcare announced it is expanding its portfolio of interoperability data services for the health and life sciences industry with Azure Healthcare APIs.
- Built for the requirements of Protected Health Information (PHI), Azure Healthcare APIs enable customers with a platform as a service (PaaS) to ingest, manage, and persist data in the Microsoft Cloud for Healthcare. Anyone working with health data can
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Jvion Launches Clinical AI on the Innovaccer Health Cloud
What You Should Know:
- Jvion, a leader in clinical artificial intelligence (AI), today announced that its AI-powered prescriptive insights, powered by the Jvion CORE™, are now available on the Innovaccer Health Cloud.
- Innovaccer’s integration with Jvion’s clinical AI to help more than 37,000 providers go beyond risk prediction to prescriptive interventions, resulting in better care and reduced healthcare costs. Innovaccer became healthcare’s latest unicorn this year when a Series D
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RxBenefits Acquires Pharmacy Benefits Consulting Firm Confidio
What You Should Know:
RxBenefits, an employee benefits industry’s first and only technology-enabled pharmacy benefits optimizer (PBO), today announced an agreement to acquire pharmacy benefits consulting firm, Confidio
- The deal will bring together two premier, complementary providers of pharmacy benefits services, further advancing the organizations’ strategic vision to deliver an affordable prescription benefit to both plan sponsors and healthcare consumers.
- Founded in
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Cedar Appoints Krishna Rao as Chief Financial Officer
What You Should Know:
- Cedar, a New York City-based innovative healthcare financial technology platform, announced it has named Krishna Rao as Cedar's first Chief Financial Officer (CFO).
- Rao brings over 15 years of experience growing businesses, most recently serving as Global Head of Corporate and Business Development for Airbnb. In this role, he led and supported financings totaling over $10 billion in equity and debt capital, including the company's initial public offering last
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Connections Health Solutions Secures $30M to Expand Behavioral Health Crisis Services Model
What You Should Know:
- Connections Health Solutions, a Phoenix, AZ-based provider of immediate-access behavioral health crisis stabilization, has raised $30 million in a growth financing led by Heritage Group, a leading healthcare-focused private equity firm.
- The partnership will fuel national expansion of Connections Health Solutions’ leading behavioral health crisis services model.
Rising Demand for Behavioral Health Services
Demand for behavioral health services is on
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How Health IT is Helping Hospitals Achieve Faster Patient Transitions and Reduce Length of Stay
COVID-19 served as a brutal reminder that streamlining patient transitions from one care setting to another is critical – and even more so when hospital beds are at a premium. Even with less revenue flowing in, hospitals were still expected to quickly adapt as rising infections caused unexpected surges in hospitalizations. Better care coordination improves the patient experience and significantly lowers hospitals' costs by reducing the length of stay. In fact, one healthcare organization
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3M Taps Waystar to Automate Revenue Capture Processes for its Clients
What You Should Know:
- Healthcare payments company Waystar, today announced a partnership with 3M Health Information Systems to help 3M clients improve their payment operations.
- As part of the strategic partnership, 3M will leverage Waystar’s AI-powered solutions that will allow providers, health systems, and hospitals to improve operational efficiency and compliance and collect appropriate, fuller reimbursement.
Why It Matters
Revenue integrity remains a top concern for hospital
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