What You Should Know:
- Olive, the automation company creating the Internet of Healthcare, today launched its Autonomous Revenue Cycle (ARC), the company's flagship Revenue Cycle Management (RCM) suite of solutions.
- Olive's ARC is designed to handle tedious, time-consuming administrative tasks in the revenue cycle, allowing healthcare organizations to get paid quicker while reducing the risk of uncompensated care.
Automate the Revenue Cycle Management Process
Managing revenue
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Siemens Acquires Brightly for $1.57B to Enhance Built Infrastructure
What You Should Know:
- Siemens has acquired Brightly, an asset management software company used by many schools, governments, hospitals and manufacturers around the world for a purchase price of $1.575B.
- The acquisition will add Brightly’s well-established cloud-based capabilities across key sectors – education, public infrastructure, healthcare, and manufacturing – to Siemens’ digital and software know-how in buildings.
Brightly Software Background
Brightly Software is a leader
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Nomad Health Raises $105M to Expand Marketplace Beyond Travel Nurses
What You Should Know:
- Nomad Health, a leading digital marketplace for temporary healthcare jobs, today announced the closing of a $105M financing co-led by Adams Street Partners and Icon Ventures. New equity investor HealthQuest Capital committed the largest sum and was joined by existing investors Polaris Partners, .406 Ventures, AlleyCorp, and RRE Ventures, and new debt providers J.P. Morgan and Trinity Capital. This brings Nomad’s total funding to over $200M since its founding in
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TDS Acquires PrescribeWellness from Tabula Rasa HealthCare in $140M Deal
What You Should Know:
- Transaction Data Systems (TDS), the leader in pharmacy software solutions has acquired PrescribeWellness from Tabula Rasa HealthCare in a deal worth up to $140M.
- Further, TDS’s plans to accelerate product innovation will create solutions to further optimize pharmacy workflows, support real-time clinical interventions and expand patient engagement opportunities to clients.
Acquisition Benefits for TDS
TDS connects community pharmacies through its
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Innovaccer Joins the CARIN Alliance to Advance Interoperability
What You Should Know:
- Today, Innovaccer Inc., the Health Cloud company, announced that it has joined the CARIN Alliance (CARIN), a multisector collaborative working to rapidly advance the consumer-directed exchange of health information to improve the interoperability of healthcare data.
- Innovaccer will participate as a member of the multisector alliance to advance healthcare data sharing, enabling consumers, patients, and caregivers easier access to health
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AWS & MATTER Launches Incubator for EMEA Healthcare Startups Entering US Market
- Amazon Web Services (AWS) and MATTER, the premier healthcare incubator and innovation hub, announced the launched of a new incubation program called AWS Expand.
- The program supports startups entering the US market from Europe, the Middle East, and Africa (EMEA) by providing expert guidance, mentorship, client connections, an extensive network within the healthcare industry, and more.
AWS Expand’s First Cohort of 30 EMA Healthcare Startups
The dual-track program will prepare Europe,
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Personalize the Healthcare Experience for Improved Outcomes, Happier Patients
A consumer desire for a personalized experience is converging with the healthcare consumerism trend to alter patient expectations for their relationships with caregivers. Wearable devices, IoT data, and healthcare apps that track sleep, diet, and exercise give consumers more insight and control of their overall health, and they increasingly view PCPs and healthcare professionals (HPs) as simply part of an overall healthcare journey. An important part, to be sure, but more like partners pursuing
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SteadyMD Acquires BlocHealth to Enhance Clinician Licensing & Credentialing
What You Should Know:
- SteadyMD, a B2B telehealth infrastructure provider that powers high-quality telehealth patient experiences for leaders and innovators in healthcare acquires BlocHealth, a clinician licensing, credentialing, and payer enrollment platform. Financial details of the acquisition were not disclosed.
- With the acquisition of BlocHealth, SteadyMD further improves clinical capacity for the entire online healthcare industry by enhancing its licensing and credentialing
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New Hospital-At-Home Study Focuses on Rural Health Deserts
What You Should Know:
- Appalachian Regional Healthcare (ARH), based in Lexington, Ky., will use Biofourmis’ virtual care and AI-based predictive analytics technology to support a new Rural Home Hospital program delivering acute hospital-level care inside patients’ homes--including a clinical trial studying this care model in rural areas.
- ARH joins Blessing Health System—which is also using Biofourmis’ solution—as one of only two U.S. participants
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Sesame Raises $27M to Expand Its National Healthcare Marketplace
What You Should Know:
Sesame, the only company proven to lower the price of medical care for American consumers raises $27M in Series B financing to expand its national marketplace of high-quality, ultra-affordable medical care for all Americans, whether they are insured or not.
- The round was led by GV (formerly Google Ventures) with participation from TeleSoft Partners and FMZ Ventures, alongside existing investors General Catalyst, Industry Ventures, Coefficient Capital, Giant
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