What You Should Know:
- Aegis Ventures, a pioneering healthtech and healthcare AI venture studio, announced the appointment of Dr. David Feinberg, Chairman of Oracle Health, as Senior Advisor.
- Dr. Feinberg's role at Aegis will be complementary and synergistic to his ongoing leadership at Oracle Health. This dual focus allows him to leverage his extensive experience and vision across both organizations, fostering a collaborative environment that accelerates healthcare innovation.
Dr.
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MedBright AI Appoints Trevor Vieweg as CEO
- MedBright AI Investments Inc. (CSE: MBAI, OTCQB: MBAIF, FSE: 1V7), a leading investor in healthcare technology companies, today announced the appointment of Trevor Vieweg as its new Chief Executive Officer, effective immediately.
- This strategic move signals MedBright AI's commitment to scaling its investments in disruptive healthcare AI technologies and driving further market leadership.
A Seasoned Leader in AI Commercialization:
Vieweg brings a wealth of experience in bringing AI
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M&A: Veradigm Acquires Koha Health to Strengthen Ambulatory RCM
What You Should Know:
- Veradigm Inc. (NASDAQ: MDRX), a leading healthcare data and technology solutions provider, announced today the acquisition of Koha Health, a full-service revenue cycle management (RCM) company.
- This strategic move strengthens Veradigm's position as a premier provider of RCM services in the ambulatory healthcare market. Financial details of the acquisition were not dislcosed.
Expanding Ambulatory RCM Expertise and Reach
The acquisition brings
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Devoted Health Secures $175M to Expand Medicare Advantage Plans for Seniors
What You Should Know:
- Devoted Health, a leading provider of all-in-one healthcare for Medicare beneficiaries, has secured $175M in Series E funding, demonstrating continued investor confidence in its mission to revolutionize senior care.
- The round was led by a lead syndicate composed of The Space Between (TSB), Highbury Holdings, GIC, Stardust Equity, Maverick Ventures, and Fearless Ventures. Also participating in the funding round were Socium Ventures, Emerson Collective, Andreessen
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Icario Appoints Aerste Howells as Chief Commercial Officer
What You Should Know:
- Healthcare engagement leader Icario has tapped industry veteran Aerste Howells as its new Chief Commercial Officer, effective January 2nd, 2024.
- Reporting to CEO Marc Willard, Howells will spearhead Icario's sales and marketing efforts, collaborating with healthcare executives to leverage the power of engagement in driving healthy behaviors.
Aerste Howells Bio/Background
Howells brings over two decades of experience partnering with payers, providers, and
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VA’s Troubled EHR System: Cautiously Moving Forward Despite Past Woes
What You Should Know:
- The Department of Veterans Affairs' ambitious effort to modernize its electronic health record system (EHR) has hit the brakes, riddled with delays, cost overruns, and safety concerns, Nextgov reports.
- While the Oracle Cerner system promises seamless interoperability with the Department of Defense's EHR, its rocky implementation at five facilities has sparked outrage and calls for accountability.
A History of Hiccups
2020 launch: The system debuts at
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Healthcare M&A Market Braces for a Cautiously Optimistic 2024
What You Should Know:
- Despite a 13% decline in deal volume compared to 2022, PwC's latest Health Services Deals Outlook paints a cautiously optimistic picture for 2024.
- While a cautious optimism prevails, several factors suggest that 2024 could be a dynamic year for healthcare M&A. Adaptability, resourcefulness, and a focus on value creation will be key for dealmakers navigating the evolving landscape.
Fueling the Fire
While headwinds like high-interest rates and regulatory
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Constellation Software Acquires MEDHOST, Bolstering Healthcare Portfolio
What You Should Know:
- Constellation Software Inc. (TSX: CSU) announced its subsidiary N. Harris Computer Corporation (Harris) has acquired MEDHOST, Inc., a provider of electronic health record (EHR) solutions.
- This acquisition aligns with Harris' long-term commitment to the healthcare sector. With over 200 businesses operating in diverse industries, Harris has a proven track record of successfully integrating and growing acquired companies. By adding MEDHOST to its portfolio, Harris
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Intelligent Scopes and Mayo Clinic Partner to Develop AI-Powered Tools for Bladder Cancer
What You Should Know:
- Intelligent Scopes Corp, a subsidiary of Claritas HealthTech Ltd., and Mayo Clinic have joined forces to develop cutting-edge artificial intelligence (AI) solutions for bladder cancer diagnosis and treatment.
- The goal of strategic collaboration aims to leverage the combined expertise of both organizations to improve patient outcomes and reduce healthcare costs.
Why Early Detection is Critical for Bladder Cancer
Bladder cancer is a significant burden, not
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FQHCs Shine in Value-Based Care: MHN Partners Achieve $10M Savings and Perfect Quality Score
What You Should Know:
- Medical Home Network (MHN), a leading care enablement partner for FQHCs, announced that its partners participating in the NeueHealth Premier ACO achieved $10.1 million in gross savings and a perfect 100% quality score in the 2022 performance year.
- This accomplishment, under the ACO Realizing Equity, Access, and Community Health (REACH) Model, involved 20 FQHCs across Ohio, Missouri, and Illinois serving approximately 10,000 Medicare beneficiaries. The success
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