- Navigant executive survey conducted by HFMA finds providers struggle to integrate revenue cycle operations with clinical operations. - Survey of 108 hospital and health system chief financial officers and revenue cycle executives find 62% suggest EHR adoption challenges have been equal to or outweighed benefits specific to their organization’s revenue cycle performance.- More than 60% of providers struggle to derive optimal value from their electronic health records (EHRs).Only 3% percent of
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Ajax Health Closes Third $100M MedTech Innovation Fund
- Ajax Health raises $100M to close third medtech innovation, Ajax3 led by HealthQuest Capital with participation from Polaris Partners.
- Led by Duke Rohlen, Chairman and CEO, Ajax3 quickly follows the $100M raised in April 2019 for Ajax 2.
Ajax Health, Menlo Park, CA-based company investing in medical innovation, today announced it has raised $100 million to form its third Medtech innovation fund, Ajax3. The $100M in capital will target investments in companies in the areas of
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WebMD Acquires Digital Health Engagement Solution Aptus Health
- WebMD enters an agreement to acquire Aptus Health, a digital health engagement solution for health and life sciences companies.
- The acquisition includes Aptus Health’s core brands Univadis, EngagedMedia, and Tomorrow Networks.
- Aptus Health will continue to operate as an independent subsidiary of WebMD, as the companies build on and integrate products, platforms, and services.
WebMD Health Corp today
announced that it has entered into an agreement to acquire
Aptus Health,
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ECG Management Consultants Joins Siemens Healthineers As Stand-Alone Unit
- ECG Management Consultants joins Siemens Healthineers and will operate as a stand-alone unit as part of the global Enterprise Services business of Siemens Healthineers.
- ECG, as a separate consulting business, will continue to focus on strategic, financial, operational, and information technology services and operate independently of the medical technology business of Siemens Healthineers.
- As part of the agreement, Siemens Healthineers will acquire a majority stake in ECG
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ResApp Awarded CE Mark for Smartphone-based Diagnostic Test for Adult Respiratory Disease
- ResApp awarded second CE mark for its first smartphone-based diagnostic test for respiratory disease.- CE Mark certification indicates that ResAppDx-EU version 2 meets the essential requirements of all the applicable European regulations as a class IIa medical device and allows for its sale throughout the European Economic Area.- ResAppDx-EU version 2 is a software-only solution that runs on a smartphone and does not require any additional hardware or accessories.ResApp Health Ltd., the
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Deerfield Management Invests $635M to Create Healthcare Innovation Campus for Life Sciences in NYC
- Investment management firm Deerfield Management is investing $635M to create life sciences in New York City.
- Deerfield plans to invest more than $2B in research in seed funding by 2030 to create digital transformation solutions in medicine and treatment.
- It is expected to be in move-in ready condition for Deerfield and other innovators in healthcare by early 2021.
Deerfield Management Company, an investment management firm committed to advancing healthcare through
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PE Firm Warburg Pincus Acquires CareLogic Behavioral Health EHR Platform
- Private equity firm Warburg Pincus has acquired CareLogic behavioral health platform to accelerate product development and expand sales and marketing efforts.
- Qualifacts' CareLogic Enterprise Software is a comprehensive Electronic Health Record (EHR) designed for behavioral health, mental health, & human services.
- The partnership will also help the company identify strategic relationships and acquisition opportunities.
Warburg Pincus,
a healthcare technology
private
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Aktana Lands $20M for AI-Enabled Decision Support for Life Sciences
- Aktana raises $20M in debt financing from CIBC Innovation Banking for AI-enabled decision support for the global life sciences industry.
- CIBC Innovation Banking delivers strategic advice, cash management, and funding to innovation companies at each stage of their business cycle, from startup to IPO and beyond.
- Using embedded AI and machine learning refined by real-time human insight, Aktana gives life sciences commercial teams the tools and information to anticipate customer
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Through EHR Integration, CVS Specialty Launches Specialty Expedite to Streamline Prescription Onboarding
- CVS Specialty launches Specialty Expedite, a pharmacy solution that uses technology to significantly streamline the process and keep patients informed of the status of their prescription along the way.
- Streamlined prior authorization and benefits verification process using connectivity with EHR platforms, helping patients get their medications in as little as three days.
- Patients are also able to choose how they want to get their specialty medications – at their local CVS
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Founded by Medical Doctors, Clinical Cyber Defense Systems (CCDS) Launches Security Analytics Platform
- Founded by two medical doctors, Clinical Cyber Defense Systems (CCDS) officially launches in Boston with a new security analytics platform called DYNAMIKANALYTIX.
- CCDS is a healthcare cyber defense systems manufacturer dedicated to protecting hospitals and preserving patient safety.
- CCDS ‘ Active Threat Intelligence (ATI) solutions translate technical security findings into real-time healthcare outcomes so hospital leaders, from the CISO to the CMIO have access to actionable
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