Veritas Capital (“Veritas”), a leading private equity investment firm has acquired GE Healthcare's Value-Based Care division for $1.05 billion in cash. GE Healthcare's Value-Based Care Division includes the Enterprise Financial Management (Revenue-Cycle, Centricity Business), Ambulatory Care Management (Centricity Practice Solution) and Workforce Management (formerly API Healthcare) assets. The healthcare technology space has been a key focus area for Veritas Capital, as illustrated by its
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Vanderbilt University to Use $65M to Support Innovative Life Sciences Research
Deerfield Management and Vanderbilt University announced today the launch of Ancora Innovation, LLC ("Ancora"), a Deerfield company that will support Vanderbilt's innovative life science research and leverage Deerfield's expertise in accelerating state-of-the-art drug development. Ancora will fund projects with the aim of changing the current paradigm of drug development and establishing novel therapeutics to cure life-altering diseases.As part of Ancora, Deerfield will commit up to $65 million
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Apple Health Records Feature Is Now Available at 39 Health Systems
Apple today announced it has expanded its Apple Health Records feature to 39 health systems enabling patients to view their medical records right from their iPhone by simply updating their iOS software. The announcement comes nearly two months after launching the Apple Health Records feature as part of the iOS 11.3 beta update with 12 participating hospitals. Traditionally, patients’ medical records were held across multiple locations, requiring patients to log into each care provider’s website
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GSK Acquires Novartis’ Consumer Healthcare Business for $13B
GlaxoSmithKline (GSK) has reached an agreement to acquire Novartis’ consumer healthcare joint venture for $13 billion. The acquisition will enable GSK’s shareholders to capture the full value of GSK’s Consumer Healthcare growth and is well positioned to deliver sales growth, operating margin improvements and attractive returns.Upon terms of the agreement, India remains a priority market for GSK investment and growth. The Consumer Healthcare business will continue to invest in growth
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NTT DATA Partners with DataFirst to Expand Clinical AI Capabilities
NTT DATA Services has announced its partnership with DataFirst, Inc. to allow for seamless patient data sharing between platforms, which will expand its Imaging Insights service and clinical artificial intelligence (AI) capabilities. This partnership creates valuable opportunities during and following data migration in live care situations to better use clinical imaging data for quality of diagnoses and insights on patient health. DataFirst’s suite of interoperability solutions allows patient
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Babyscripts Launches Care Navigator Module to Support Underserved Expecting Mothers
Washington D.C.-based digital health startup Babyscripts, the first mobile, clinical tool to allow OB/GYNs to remotely monitor their pregnant patients’ progress and health, has launched the Care Navigator module to extend its offering to underserved expecting moms. The new module adds additional features to cater to women who have poor access to care, and/or deal with external challenges, which threaten their ability to access care. The new module is a slight departure from Babyscripts’ other
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Synzi Partners with ClearDATA to Safeguard its Virtual Care Platform
Virtual care company, Synzi, announced a new partnership with ClearDATA, to ensure the security, privacy and compliance of its virtual care platform — which offers on-demand telehealth in addition to email and SMS messaging. By leveraging ClearDATA’s HIPAA-compliant and HITRUST-certified solution, Synzi will ensure the security of its technology and its continued regulatory compliance.Synzi offers a patient program management framework that combines video, email and secure messaging
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BioIQ Lands $26.5M to Expand Population Health Measurement Platform
BioIQ, an Atlanta, GA-based platform for population health measurement has raised $26.5M in funding led by HealthQuest Capital, with participation from Arboretum Ventures and select insiders. The company will use the funds to to expand its reach into new markets and accelerate product growth and innovation. The company plans to use the latest round of funding to expand into new markets and accelerate product growth and innovation.Founded in 2005 by Justin Bellante, BioIQ provides tools that
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Partners HealthCare Expands Use of Kyruus’ Patient Access Solutions
Partners HealthCare is expanding its use of Kyruus’ patient access solutions to improve the patient experience across all its entities, and to ensure patients can gain access to Partners’ world-class network of providers.Partners originally started working with Kyruus in 2014 to help power its online find-a-doc solution. Now, Partners is expanding its use of Kyruus to develop a robust provider directory to help patients find the right provider based on a wide range of criteria, including
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Change Healthcare Appoints Fredrik Eliasson As New CFO
Change Healthcare, one of the largest independent healthcare IT companies in the United States, has made an addition to their leadership team with the appointment of Fredrik Eliasson as executive vice president and chief financial officer. Mr. Eliasson joins Change Healthcare after a 20-year career at CSX Corporation, where he served as executive vice president and chief financial officer, as well as chief sales and marketing officer.Mr. Eliasson was an executive officer of CSX Corporation, one
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