What You Should Know: Truepill launches its end-to-end COVID-19 virtual care platform to provide convenient online care for COVID-19 alongside the rapid delivery of antiviral medication. Truepill, the digital health platform connecting telehealth, diagnostics, and pharmacy to transform consumer healthcare, today announced plans for a first-of-its-kind COVID-19 virtual care platform. This end-to-end solution will enable Truepill customers to create white-labeled virtual care
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M&A: HealthStream Acquires Rievent Technologies for $4M
What You Should Know: Leveraging its hStream open architecture, HealthStream expands its ecosystem with the acquisition of Rievent Technologies’ continuing education management and delivery application. HealthStream (Nasdaq: HSTM), a provider of workforce and provider solutions for the healthcare industry, today announced that it has acquired substantially all of the assets of Rievent Technologies, a Virginia-based healthcare technology company for $4M in cash. Through the acquisition,
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CVS Pharmacy “Talking” Prescription Labels Now Available Nationwide
What You Should Know: - CVS Pharmacy today introduced Spoken Rx, its proprietary audio prescription label solution developed in collaboration with the American Council for the Blind, now available in all of its nearly 10,000 locations nationwide. CVS Pharmacy, the retail division of CVS Health (NYSE: CVS) is now offering Spoken Rx™, its proprietary audio prescription label solution, in all its nearly 10,000 pharmacy locations
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Zoom Announces Cerner EHR Integration for Secure Virtual Visits
What You Should Know: - Zoom is now accepting beta customers for Zoom’s new integration with Cerner’s electronic health record (EHR) platform, available by sending a message of interest on Cerner’s App Gallery or talking to your Zoom account executive. - Hospitals, health systems, physician offices, and clinics that use Cerner to share and access patient EHR data across the continuum of care will be able to launch secure Zoom virtual visits directly
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UC Davis Health, AWS Launches Cloud Innovation Center for Health Equity
What You Should Know: - Today, UC Davis Health launched a Cloud Innovation Center (CIC), powered by Amazon Web Services (AWS), making the renowned academic medical center one of America's leaders in digital medicine. - Focused on digital health equity, the UC Davis Health CIC will allow clinicians, patients, developers, and students to exchange ideas, as well as design and prototype solutions focused on making digital health more equitable and accessible
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Elsevier Acquires Digital Health Education Platform Osmosis – M&A
What You Should Know: - Elsevier acquires Osmosis – a digital health education platform that has simplified the complex learning journey for millions of medical students and healthcare professionals around the world. - A growing demand for healthcare workers and medical education, accelerated by the COVID-19 pandemic, is driving the need for digital healthcare education solutions. The highly engaging visual learning offerings of Osmosis will be applied to other areas in Elsevier’s
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Israeli Startup TailorMed Acquires Vivor to Create Provider and Pharmacy Network
What You Should Know: - Financial navigation technology company TailorMed acquires Vivor to create the largest provider and pharmacy network. - The combined companies will offer the most comprehensive solution for addressing unprecedented financial pressures on patients and healthcare organizations. Israeli startup TailorMed, a leading financial navigation technology company that helps healthcare organizations and patients remove financial barriers to care in the U.S acquires
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Luma Health Secures $130M to Optimize Patient Journey
What You Should Know: - Luma Health, a provider of patient engagement technology raises $130M to unify, automate, and transform patients’ healthcare journey. Luma Health, a San Francisco, CA-based patient engagement platform, today announced a $130 million Series C funding round led by FTV Capital, a sector-focused growth equity investment firm, with participation from existing investors. This latest round brings Luma Health’s total funding raised to $160
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Community Care Physician Network to Implement Innovaccer Health Cloud
What You Should Know: - Community Care Physician Network (CCPN) deploys Innovaccer Health Cloud to help its providers deliver exceptional consumer experiences, support high-quality care, and manage costs across its Medicare and Commercial contracts. Today Innovaccer Inc., the Health Cloud company, announced that Community Care Physician Network (CCPN) is utilizing the Innovaccer Health Cloud to help its providers deliver exceptional consumer experiences, support high-quality care,
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Hellman & Friedman and Bain Capital Acquires athenahealth for $17B
What You Should Know: Hellman & Friendman LLC and Bain Capital acquire health IT company athenahealth for $17 billion dollars. Private Equity firms Bain Capital and Hellman & Friedman LLC has announced it has acquired athenahealth, a cloud-based enterprise software solution for medical groups and health systems for $17B. In September, it was reported PE firm Veritas Capital and hedge fund Elliot Investment were exploring options to sell athenahealth for $20B or file for an
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