Vereco, LLC, a provider of healthcare document services, today announced an asset acquisition of CynergisTek’s managed print services (MPS) business. CynergisTek is a provider of healthcare cybersecurity, privacy, and compliance. Vereco’s private equity partner, Stella Point Capital, invested additional equity to fund the transaction. Acquisition Plans for CynergisTekPost-acquisition, Vereco will have 230 employees operating in 49 states. The combined organization’s clients include more than 350
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Glens Falls Hospital Reaches Settlement with Cerner over $38M Billing Problems
Glens Falls Hospital has reached a settlement with Cerner over $38M in losses suffered when Cerner’s billing system malfunctioned in 2017 after going live in November 2016, according to The Post-Star. Glens Falls Hospital President and CEO Dianne Shugrue announced the settlement in an ad in The Post-Star. Shugrue did not provide financial details about the settlement with Cerner or when the settlement was reached.“As is customary in resolving business disputes, the terms are confidential. It was
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OSF Ventures Invests in LRVHealth’s $100M VC Fund as Limited Partner
OSF Ventures, the corporate investment arm of OSF HealthCare, is joining other health care systems and strategic investors from within the healthcare industry as a strategic limited partner (LP) in Boston-based LRVHealth's $100M "Inside Healthcare" venture capital fund. As part of LRVHealth’s collaborative innovation platform, OSF will help identify, create and invest in early-stage companies spanning healthcare IT, tech-enabled health services, medical devices, and diagnostics.
Why
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Unite Us Raises $35M for Care Coordination & Outcome Tracking Platform
Unite Us, an NYC-based care coordination and outcome tracking platform connecting healthcare and social service providers has raised $35 million in Series B funding. The funding round was led by Oak HC/FT, with participation from Town Hall Ventures and Define Ventures. Existing investors Scout Ventures, Luminate (part of The Omidyar Group) and New York Ventures. The latest round brings the company’s total funding to $45.3 million.
Comprehensively Addressing Social Determinants of
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CNSI Inks $28M 4-Year Contact to Implement Texas Medicaid Provider Enrollment System
CNSI, a provider of health information technology (IT) enterprise solutions has inked a four-year contract with Texas Health and Human Services Commission (HHSC) to design and implement a new Provider Management and Enrollment System (PMES) for the state's Medicaid program. The four-year contract is worth more than $28M and the implementation kick-off is expected to start immediately. To prioritize the implementation, CNSI has opened an office in Austin dedicated to the PMES project will
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Babyscripts Inks $500k Strategic Partnership with Inova Health
Babyscripts, Inc., a Washington, D.C.-based virtual care platform for managing obstetrics has inked a strategic partnership with Inova Health System. As part of the strategic partnership, Inova will invest $500K and will deploy Babyscripts’ clinically-validated virtual care obstetrics platform; and support holistic care for mothers in pregnancy and postpartum.Inova’s Opportunity to Further Impact of Their Wellness ProgramsAligned with their investment, Inova will deploy the Babyscripts’ solution
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Stanford Health Taps Lumeris to Optimize Medicare Advantage Plan
Stanford Medicare Advantage plan seeks sustainable value-based care growth and continued innovations to serve seniors in collaboration with Lumeris.Lumeris, a provider of value-based care, and Stanford Health Care are partnering on a long-term collaboration for the further development of Stanford Health Care Advantage, a Medicare Advantage (MA) plan in Northern California. Once finalized, Lumeris will help optimize and grow the MA plan throughout the region and support Stanford Health Care's
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5 Groundbreaking Findings from the Stanford and Apple Heart Study
Stanford Medicine researchers recently released preliminary results of the Apple Heart Study, the largest study ever of its kind, which enrolled over 400,000 participants from all 50 states in a span of only eight months.
Apple Heart Study Overview
Presented at American College of Cardiology’s 68th Annual Scientific Session and Expo in New Orleans, the study was launched in 2017 to evaluate Apple Watch’s irregular rhythm notification, which occasionally checks the heart's rhythm in the
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AMIA Presents ‘Socio-Technical Interoperability Stack’ to Outline Why HIT Interoperability Is Not Occurring
AMIA presents "Socio-TechnicalInteroperability Stack" – developed to help communicate categorical reasons why health interoperability is not occurring.
In comments submitted last week to the National Science Foundation’s (NSF) Networking and Information Technology Research and Development Program (NITRD), the American Medical Informatics Association (AMIA) supported their future vision for interoperability among medical devices, electronic health records, and other systems within the
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TriNetX Lands $40M to Expand Global Health Research Network
TriNetX, a Cambridge, MA-based global health research network that optimizes clinical research and enables discoveries through the creation of real-world evidence (RWE) has raised $40 million in Series D funding. The Series D funding round was led by Merck Global Health Innovation Fund (Merck GHIF) along with new investors Mitsui & Co., Ltd., ITOCHU Technology Ventures, ITOCHU Corporation, and existing investors MPM Capital, F2 Ventures, and Deerfield Management. To date, TriNetX has raised
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