What You Should Know:
- AMN Healthcare announced it has finalized the acquisition of Synzi, a full-service virtual care management company, for $42.5 million in cash.
- Synzi provides virtual care and remote patient monitoring platforms in the home health and outpatient markets. These solutions enable organizations to conduct virtual visits and use secure messaging, text, and email for clinician-to-patient and clinician-to-clinician communications.
- Revenue in the second quarter of
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Tegria Acquires Rev Cycle Management Firm Colburn Hill Group – M&A
What You Should Know:
- Tegria today announced it has acquired Colburn Hill Group, a revenue cycle management firm with technologies that have helped healthcare providers tackle some of their most difficult RCM challenges. Financial details of the acquisition were not disclosed.
- A centerpiece of the acquisition is Colburn Hill’s Ops Center RCM platform, which integrates analytics and process automation technology to increase efficiency and eliminate wasteful manual
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JPMorgan Chase Launches Morgan Health to Improve Employer-Sponsored Healthcare
What You Should Know:
- JPMorgan Chase today announced details about Morgan Health, a new business unit focused on improving the quality, efficiency, and equity of employer-sponsored healthcare.
- The business unit will invest up to $250M in companies looking to improve employer-sponsored healthcare, pilot new benefits for JPMorgan Chase employees and promote health equity.
- The new group will be headquartered in Washington, D.C. and led by Dan Mendelson, CEO of Morgan Health,
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Amazon Offers Mental Health Benefits for US Employees & Their Families
What You Should Know:
- Amazon today launched a new mental health benefit, Resources for Living, that provides every U.S. employee, their family, and their household with a single place to start for personalized, convenient, and confidential support for mental health and daily life assistance. These services are available 24 hours a day, seven days a week, and include access to free counseling sessions in-person or through the phone, video, or text.
- This system-wide benefit, called
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CVS Health Launches Clinical Trial Services Business for Investigational COVID-19 Vaccines & Treatments
What You Should Know:
- Today, CVS Health announced the launch of a new Clinical Trial Services business, driving greater access to clinical trials across the communities CVS Health serves and creating a more efficient, convenient experience to improve participant retention and research effectiveness.
- CVS Health collaborated with the pharmaceutical industry to help facilitate clinical trials for investigational COVID-19 vaccines and treatments. Using a specially designed
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Wheel Secures $50M for White-Labeled Virtual Care Platform
Wheel is Powering the Virtual Care Industry from Wheel on Vimeo.
What You Should Know:
- Wheel, a Austin, TX-based virtual care company, today announced a $50M series B round led by Lightspeed Ventures with participation from existing investors CRV, Silverton Partners, Tusk Venture Partners and J.P. Morgan. The round brings its total funding to $66M to date.
- Today Wheel provides its white-labeled service to companies across a wide variety of industries, including publicly-traded
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Zing Health Acquires Medicare Advantage Plan Provider Lasso Healthcare
What You Should Know:
- Zing Health Enterprises, a physician-founded and led provider of Medicare Advantage health plans, has signed definitive documents to acquire Harrisburg, PA-based Lasso Healthcare Insurance Co.
- Lasso Healthcare offers Medicare Advantage (MA) plans in 34 states and the District of Columbia. Its insurance offerings currently cover over 6,000 members. Lasso Healthcare offers a pioneering consumer-directed Medicare Advantage product, called a Medicare Medical Savings
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Geisinger Health Plan First to Leverage Kyruus-HealthSparq Integration
What You Should Know:
- Kyruus today it announced that Geisinger Health Plan (GHP), serving over 500,000 members in Pennsylvania, is the first organization to leverage the Kyruus-HealthSparq integration and HealthSparq’s new Path to Care provider data and care access solution.
- GHP’s provider profiles now include new provider data that health plans typically don’t have access to, such as the
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CommonHealth Integrates with 150 Providers to Power Secure Access to Personal Health Records
What You Should Know:
- The Commons Project Foundation announced this morning that more than 150 new hospital providers have joined CommonHealth, the Android equivalent of Apple Health, including the VHA, Mass General Brigham, ChristianaCare, and UC San Diego Health.
- CommonHealth, which is free and available for download on the Google Play Store, was developed by The Commons Project Foundation in collaboration with UCSF, Cornell Tech and Sage Bionetworks to give people more control over
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Cynerio Raises $30M to Expand Healthcare IoT Cybersecurity Platform
What You Should Know:
- Cynerio, a leading provider of Healthcare IoT cybersecurity and asset management solutions, today announced it has secured $30 million in Series B funding led by ALIVE Israel HealthTech Fund, Israel's pioneering HealthTech investment fund. Existing investors, global VC Accelmed, RDC, Elron’s joint venture with Rafael, and Swiss-based growth investor, MTIP, also participated in the funding round.
- Notably, the COVID-19 pandemic caused a nearly 50% increase in the
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