HIMSS has announced the acquisition of Healthbox, a Chicago-based healthcare innovation consulting firm and venture capital investment manager. For HIMSS, the acquisition of Healthbox adds health innovation consulting and fund management to its broader portfolio.Under terms of the agreement, Healthbox will continue to operate as a wholly-owned subsidiary of HIMSS. Financial details of the acquisition were not disclosed.Healthbox has evolved from a healthcare accelerator to an innovation
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SSI Group Acquires Health Data Aggregation Company ICA CareAlign
The SSI Group, an industry leader in revenue cycle management (RCM) solutions, has announced the acquisition of Nashville, TN-based Informatics Corporation of America (ICA), a provider of aggregation and exchange of patient clinical data under the brand name of CareAlign.The combined expertise and information services will help a diverse set of healthcare organizations improve their ability to address the growing need to combine administrative, financial, and clinical data driven by changes in
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Medsphere CEO Talks Affordable Healthcare IT and Future of EHRs
Medsphere’s Irv Lichtenwald explains why the health IT industry needs to push for interoperable EHR solutions to curb healthcare costs. Health systems are spending obscene amounts of money on EHR implementations. In 2017 alone, Mayo Clinic began implementing a $1.5 billion integrated Epic EHR system. Temple Health reported a $5.7 million operating loss largely due to higher than expected staffing costs associated with their recent Epic EHR implementation. The provider set aside $15.1 million in
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Tagnos Lands $5M for Clinical Logistics Automation Solution for Hospitals
Tagnos, a developer of the leading clinical logistics automation solution for hospitals and clinics has raised $5 million from Benhamou Global Ventures, Morpheus Ventures and Zebra Ventures, the investment arm of Zebra Technologies Corp.Tagnos’s software-as-a-service (SaaS) platform is designed to orchestrate hospital workflow in ways that reduce wait times, enhance the patient experience, improve staff efficiency and optimize the utilization of supplies and equipment. The company’s analytics
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MU Health Care to Implement Cerner Revenue Cycle Management Across 5 Hospitals
University of Missouri Health Care, in Columbia, has selected Cerner, a global leader in health care technology, to help manage revenue cycle performance across its five hospitals and more than 50 primary and specialty care clinics.MU Health Care will soon integrate Cerner’s registration, scheduling, patient accounting and practice management solutions and transaction services with its existing electronic health record (EHR), Cerner Millennium. The integration of clinical and financial data will
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Boston Children’s Hospital Powers Pediatric Patients with Virtual Reality to Visualize Their Insides
Boston Children’s Hospital and Klick Health, today unveiled a virtual reality (VR) platform to bring patients’ individual medical findings to life in an immersive, 3D environment. The proof of concept VR platform named HealthVoyager is a medical education and patient experience platform. The first iteration of the tool, HealthVoyager™ GI, has been designed for pediatric gastrointestinal (GI) patients and is being used at Boston Children’s as part of a clinical study to validate its effect on
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Mindstrong Health, Takeda Partner to Develop Digital Biomarkers for Mental Health Conditions
Mindstrong Health, a digital health startup transforming the diagnosis and treatment of neuropsychiatric disorders, has entered into a partnership with Takeda Pharmaceutical Company Limited to explore the development of digital biomarkers for selected mental health conditions, in particular schizophrenia and treatment-resistant depression.In this decade, neuropsychiatric disorders represent the largest source of medical disability for people under age 50. The costs are among the highest of all
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Nomad Health Lands $12M to Expand Freelance Platform for Clinicians
Nomad Health, a NYC-based freelance platform for doctors and nurses has raised $12 million in Series B funding led by Polaris Partners. The Series B round include participation from existing investors First Round Capital, RRE Ventures, and .406 Ventures.Founded in 2015 by a team of entrepreneurial doctors and Kevin Ryan (the founder of Business Insider and Gilt Group), Nomad is a marketplace for short-term clinical work where medical facilities post shifts they need filled. Nomad hopes
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R1 Acquires Intermedix Corporation for $460M to Expand End-to-End RCM
R1 RCM Inc., a provider of technology-enabled revenue cycle management (RCM) services to healthcare providers, today announced a definitive agreement to acquire Intermedix Corp (Intermedix), including its healthcare division comprised of its physician and EMS RCM, practice management and analytics businesses, in a transaction valued at approximately $460 million.Intermedix provides revenue cycle management, practice management and data analytics services to more than 15,000 individual
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Healthcare Blockchain Startup BurstIQ Secures $5M Investment
BurstIQ, Inc., a healthcare blockchain data company, announced it has secure a $5 million investment from Millennium Blockchain marking it the first of BurstIQ’s $20M private placement offering. The company initiated its private placement offering at the 2018 World Economic Forum (DAVOS 2018) in Davos, Switzerland, and expects to complete the offering by March 31, 2018.Millennium Blockchain is a specialty diversified holding company focused on next-generation blockchain use-cases and
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