What You Should Know:
- Today, Global Healthcare Exchange (GHX) announced that it has signed a definitive agreement to acquire Pittsburgh, Penn.-based Prodigo Solutions, Inc. (Prodigo), a supply chain and data enablement technology company.
- Prodigo was founded in 2008 by UPMC, the world-renowned Pittsburgh-based healthcare provider and insurer. Prodigo’s offerings help to broaden the healthcare supply chain’s span of control, expanding the potential for savings
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OM1 Launches AI-Powered Digital Phenotypes Platform, Creating “Fingerprints” for Patients
What You Should Know:
OM1, a real-world data, outcomes and technology company with a focus on chronic conditions, launches PhenOM™, its artificial intelligence-powered platform for personalized medicine.
Calibrated using OM1’s longitudinal health history datasets, PhenOM uses AI to identify unique digital phenotypes associated with conditions and outcomes and compare patients’ records to them to highlight risks and opportunities. PhenOM powers personalized healthcare insights at scale
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Redox and Verato Integrate to Accelerate Patient Data Interoperability
What You Should Know:
Verato and Redox today announced a partnership that will combine Verato identity data management solutions with Redox’s composable technology ecosystem to enable improved data access, better interoperability, and higher-quality information gathering across a growing digital ecosystem.The integration will allow healthcare organizations to access a single source of truth for identity, including a complete and trusted 360-degree view of their patients, members, providers,
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Arcadia Raises $125M to Expand Healthcare Data Analytics Platform
What You Should Know:
Arcadia, a healthcare data analytics company raises $125M from Vista Credit Partners and a strategic investor and financing partner focused on the enterprise software, data and technology market.Arcadia helps providers and health plans deliver actionable insights to advance care and research, drive strategic growth, and ensure financial success.The investment will accelerate Arcadia’s platform innovation and go-to-market strategy to meet the growing demand from
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Imprivata Launches First Digital Identity Maturity Model
What You Should Know:
Imprivata launches Imprivata Digital Identity Maturity Model and Digital Identity Maturity Assessment, a custom-built to amplify the voice of clinicians and end-users in the decision-making process for a healthcare organization’s digital identity strategy.To help organizations assess and benchmark the maturity of their current strategy, Imprivata offers its Digital Identity Maturity Assessment.This self-service, interactive tool enables clinical leadership, IT, and
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1upHealth Raises $40M for FHR Data Platform
What You Should Know:
1upHealth, a modern data platform that’s cloud-based, API-enabled, and FHIR-native today announced the close of a $40M Series C investment led by Sixth Street Growth with participation from existing investors F-Prime Capital, Jackson Square Ventures, and Eniac Ventures. Founded in 2017, 1upHealth’s FHIR®-native platform designed for interoperability and modern computing is used by over 75 enterprise organizations including leading national and
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M&A: Vytalize Health Acquires IPA New York
What You Should Know:
Today, Vytalize Health announced it has acquired Independent Physician Association (“IPA”) of New York, one of the nation's largest IPAs with more than 3,000 providers. Financial details of the acquisition were not disclosed.The deal scales Vytalize's successful value-based care model to new payer arrangements and specialty care across the healthcare spectrum.Based in Suffolk County, IPA NY is one of the largest multi-specialty
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Ocutrx Acquires Spectrum AMT to Advance Capabilities for Medical Devices
What You Should Know:
Ocutrx Technologies, a global technology company developing medical devices with augmented reality (AR), extended reality (XR) and artificial intelligence (AI), acquires Spectrum Advanced Manufacturing Technologies, Inc., a Colorado-based electronics manufacturing and assembly company.With this acquisition, the consolidated Oxutrx_Spectrum company now has seven (7) process lines, including ISO Optics Lab capabilities,
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Oshi Health Raises $30M for Virtual Multidisciplinary Digestive Care
What You Should Know:
- Oshi Health, the virtual specialty care company transforming gastrointestinal (GI) health outcomes and economics raises $30M in Series B funding led by Koch Disruptive Technologies (KDT) and joined by existing investors Bessemer Venture Partners, Flare Capital Partners, Frist Cressey Ventures, CVS Health Ventures and Takeda Digital Ventures.
- Oshi Health is currently available to over 20 million people as a preferred in-network virtual gastroenterology clinic for
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MedArrive Secures $8M to Expand At-Home Care
What You Should Know:
- MedArrive, a Mobile-integrated care management platform company today announced $8M in new funding led by Cobalt Ventures, a wholly owned subsidiary of Blue Cross and Blue Shield of Kansas City (Blue KC). The investment follows MedArrive’s $25 million series A round in November 2021 and brings the company’s total funding to $40.5M to date
- MedArrive plans to use the new investment to expand its payer relationships, build out its team and
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