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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Goodbye WebMD: Will AI Now Replace Internet Research for Self-Diagnosis?
What You Should Know
- As Americans set their sights on a healthier 2024, a new survey by DrFirst's iPrescribe app reveals some interesting trends in health priorities and concerns.
- While traditional resolutions like exercising more and losing weight remain top of mind, the survey unveils a wave of optimism surrounding new treatment options, particularly for weight management.
Exercise, Sleep, and Weight Loss Reign Supreme
Exercising more and losing weight claim the top spots on
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Guidehealth Acquires MSO & VBC Services Division from Arcadia
What You Should Know:
- Guidehealth, an AI-powered healthcare platform announced the acquisition of an industry-acclaimed managed services organization (MSO) and Value-Based Care Services division from Arcadia, a healthcare technology leader known for its powerful data platform.
- Additionally, Guidehealth secured a technology agreement to leverage Arcadia's advanced analytics platform, further fueling its newly acquired offering.
Acquisition Impact
This acquisition and partnership
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M&A: mPulse Acquires HealthTrio and Decision Point
What You Should Know:
- mPulse, a leader in conversational AI and digital health engagement, has taken a major leap forward by acquiring both HealthTrio and Decision Point Healthcare Solutions.
This strategic move positions mPulse as a full-service platform for member engagement, analytics, and activation, solidifying its leadership in healthcare consumerism.
Strengthening Engagement and Outcomes:
The combined capabilities of mPulse, HealthTrio, and Decision Point create a powerful
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Jefferson and Lehigh Valley Health Network Announce Merger
What You Should Know:
- Jefferson Health and Lehigh Valley Health Network (LVHN) have signed a non-binding letter of intent to merge into a leading integrated care delivery system.
- The combined entity, dubbed the "Jefferson Enterprise," will boast a national research university, an expanded not-for-profit health plan, and a network of over 700 outpatient sites across eastern Pennsylvania and southern New Jersey.
Increases access to healthcare for urban and rural communities in eastern
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Molina Healthcare Acquires Bright HealthCare’s California Medicare Business for $425M
What You Should Know:
Molina Healthcare (NYSE: MOH) has revised its agreement to acquire Bright HealthCare's California Medicare business, securing a discount of $85M on the initial purchase price. This revised deal, announced on December 13, 2023, reflects a continued commitment to the acquisition while offering Molina potential cost savings and increased value.
The acquisition expands Molina's reach in the lucrative California Medicare market, adding roughly 250,000 members to their
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