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Jasmine Pennic | HIT Consultant

HealthStream Acquires Policy Management System ComplyALIGN for $2M

by Jasmine Pennic 01/20/2021 Leave a Comment

HealthStream Acquires Policy Management System ComplyALIGN for $2M

What You Should Know: - HealthStream, a provider of workforce and provider solutions for the healthcare industry acquires ComplyALIGN (incorporated as ProcessDATA, Ltd.), a Chicago-based healthcare technology company for $2M in cash. - The number of policies and procedures that a typical hospital needs to manage and continue to process rarely falls below one thousand. Staff members must know what’s expected of them and have rules and procedures to guide their day-to-day
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Aledade Secures $100M for Value-Based Primary Care, Reaching $2.1B Valuation

by Jasmine Pennic 01/19/2021 Leave a Comment

Aledade ACO

What You Should Know: - Aledade raises $100 Million in Series D funding to help more primary care practices thrive in value-based care. - The new funding will power the growth of a nationwide network of more than one million patients by further expanding into Medicare Advantage Contracts. Aledade, a Bethesda, MD-based provider of value-based primary care, today announced it has closed a $100 million Series D funding round following a year of significant growth for its national
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Conversa Health Expands Series B to $20M with Additional $8M in Funding

by Jasmine Pennic 01/19/2021 Leave a Comment

Backed by Northwell, Conversa Health Raises $12M for AI-Powered Chatbots

What You Should Know:  - Conversa Health raises an additional $8M, expanding its Series B round to $20M for its automated virtual care platform, totaling $34M in funding to date. - The Series B round, first announced at $12 million in June, was co-led by Builders VC and Northwell Ventures, the corporate venture arm of Northwell Health, New York’s largest healthcare provider with 23 hospitals and 800 outpatient facilities. - Founded in 2014, Conversa enables health systems
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QGenda Acquires Automated Provider Scheduling Platform Shift Admin – M&A

by Jasmine Pennic 01/15/2021 Leave a Comment

QGenda acquires Shift Admin – M&A

What You Should Know: - QGenda has acquired Shift Admin, an industry-recognized leader for shift-based specialties including emergency medicine, urgent care, and hospital medicine. With the industry-leading scheduling technology for all specialties across the healthcare delivery system, QGenda’s technology will ensure care is available for patients when and where it is needed. QGenda, the leading innovator in enterprise healthcare workforce management solutions, announced the
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CVS Health Launches Senior Medical Alert System, Symphony

by Jasmine Pennic 01/14/2021 Leave a Comment

CVS Health Launches Senior Medical Alert System, Symphony

What You Should Know: - Today, CVS Health announced Symphony, a medical alert system designed to keep seniors safe and connected at home. - Symphony consists of a collection of in-home and wearable devices that offer a new at-home experience by connecting a suite of sensors that can monitor for falls, motion, and room temperature while also providing a 24/7 personal emergency response platform for use when needed. CVS Health, today announced the release of Symphony medical alert
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Amalgam Rx Acquires Clinical Decision Support Platform Avhana Health – M&A

by Jasmine Pennic 01/14/2021 Leave a Comment

Amalgam Rx Acquires Clinical Decision Support Platform Avhana Health

What You Should Know: - DTx and Patient Support leaders, Amalgam Rx, Inc., announce the acquisition of Avhana Health, a privately-held clinical decision support (CDS) company. Amalgam Rx, Inc., a Wilmington, DE-based Digital Therapeutics and Patient Support company, announces the acquisition of Avhana Health, a privately held clinical decision support (CDS) company, which has deep integrations with the leading electronic health records (EHR). As part of the acquisition, Amalgam Rx will
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ONC Issues First Health IT Standards Bulletin Discussing USCDI & SVAP

by Jasmine Pennic 01/13/2021 Leave a Comment

ONC Issues First Health IT Standards Bulletin Discussing USCDI & SVAP

What You Should Know: - The ONC released the first ONC Standards Bulletin, a new communication tool ONC will use to periodically update the healthcare industry about ONC health IT standards and policy initiatives. - Based on a HITAC recommendation, the Bulletin is part of the ONC’s ongoing efforts to communicate, coordinate, and promote the adoption and use of health IT standards to facilitate the access, exchange, and use of electronic health information. - The inaugural ONC
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CVS Health to Provide In-Home Chemotherapy with Cancer Treatment Centers of America

by Jasmine Pennic 01/12/2021 Leave a Comment

CVS Health to Provide In-Home Chemotherapy with Cancer Treatment Centers of America

What You Should Know: - Today, CVS Health announced a collaboration with Cancer Treatment Centers of America (CTCA) to provide in-home chemotherapy for clinically eligible and fully insured patients. - The program, which leverages CVS Health’s home infusion service, Coram, and CTCA’s expertise as a top oncology care provider, aims to minimize immunocompromised patients’ exposure to COVID-19 by offering an alternative to inpatient or in-office cancer care. - Through this program,
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Shields Health Solutions, ExceleraRx Announce Specialty Pharmacy Merger – M&A

by Jasmine Pennic 01/12/2021 Leave a Comment

Shields Health Solutions, ExceleraRx Announce Specialty Pharmacy Merger – M&A

What You Should Know: - Shields Health Solutions and Excelera announce a major specialty pharmacy merger that will form a combined company that consults with 700+ hospitals in 43 states, including Mass General Brigham, Yale New Haven, Intermountain Healthcare and Henry Ford. - The network of hospitals is designed to improve patient care through an infrastructure that helps with things like acquiring prior authorization for specialty drugs and staying adherent to them. It can also lower
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Behavioral Health Services Fueled Telehealth Adoption During Pandemic, Study Finds

by Jasmine Pennic 01/11/2021 Leave a Comment

Behavioral Health Services Fueled Telehealth Adoption During Pandemic, Study Finds

What You Should Know: - Telehealth adoption for behavioral health services jumped sharply during the first months of the COVID-19 pandemic shutdown, according to a new RAND Corporation study. Telehealth adoption increased sharply during the first months of the COVID-19 pandemic shutdown, with the approach being used more often for behavioral health services than for medical care, according to a new RAND Corporation study. Prior to the
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