NantHealth, a company combining genomic science and big data to transform healthcare, has announced the acquisition of NaviNet, a leading healthcare payer-provider collaboration network. NantVentures, the private equity arm of NantWorks participated in the financing. Financial terms were not disclosed.
With the acquisition of NaviNet, NantHealth adds roughly 330 new associates including an experienced management team who has previously held leadership roles at health plans, healthcare IT
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One Medical Passport Raises $4M to Streamline Pre-op Through Post-op Process
Cloud-based peri-operative medical software provider One Medical Passport, Inc. has closed a $4 million in Series A funding from FCA Venture Partners, a Nashville-based venture capital firm focused on healthcare IT. Founded in 2000 by Stephen Punzak, MD, an anesthesiologist, helps ASCs, hospitals and physician offices work more efficiently while simultaneously improving patient care and increasing patient satisfaction. The company hopes to change the way patients prepare for and recover from
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Navigant Acquires Epic-Focused Revenue Cycle Firm for $52M
Navigant Consulting Inc. has acquired Chicago, IL-based McKinnis Consulting Services, a firm specializing in Epic-focused revenue cycle assessment, strategy, and optimization assistance for healthcare providers. Under the terms of the purchase agreement, Navigant paid approximately $49 million in cash and $3 million in Navigant common stock at closing.
The addition of more than 70 McKinnis consultants is a smart move for Navigant as it seeks to gain further market share in the Epic
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In-Home Care Startup Hometeam Pulls In $27.5M for Expert Caregiver Matching
New York-based in-home care startup Hometeam has raised $27.5M in Series B funding led by Oak HC/FT with existing investors Lux Capital, IA Ventures and Recruit Strategic Partners. Hometeam transforms the aging experience by providing families expert caregiver matching, custom iPads, and a care team to promote healthy & active days. The capital will be used to accelerate its medical and technology development as it continues to experience ever-increasing growth in New York, New Jersey and
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Infographic: Top 10 Healthcare Cyber Attacks in 2015
Hackers accessed over 100 million health records in 2015 and eight of the 10 largest healthcare cyber attacks ever seen happened in 2015. The following Infographic created by CynergisTek, a KLAS-rated privacy and security assistance firm for provider organizations illustrates some of these healthcare privacy & security trends and challenge in 2015.
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Quality Systems, Inc. Completes $165M HealthFusion Acquisition
Quality Systems, Inc. announced today completion of its acquisition of San Diego-based HealthFusion, a cloud-based software for physicians, hospitals and medical billing services for $165 million plus potential additional contingent consideration of up to $25 million.
“We are pleased to close the HealthFusion transaction on schedule and consistent with the terms previously mentioned,” said Rusty Frantz, president and chief executive officer at Quality Systems, Inc. in an official statement.
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Mount Sinai to Develop App For Patients With Venous Thromboembolism
The Department of Medicine at the Icahn School of Medicine at Mount Sinai has been awarded a $500k grant funded by Pfizer Independent Grants for Learning & Change (IGLC) and Bristol-Myers Squibb Independent Medical Education (IME). The grant focuses on accelerating the development and adoption of evidence-based approaches to improve the safety and effectiveness of patients with the diagnosis of venous thromboembolism (VTE) as they move from one care setting to another.
The $500k, 24
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ONC Releases 2016 Interoperability Standards Advisory
On Tuesday, the ONC released the 2016 Interoperability Standards Advisory (ISA)—a catalog of existing and emerging standards and implementation specifications developed and used to meet specific interoperability needs.
The overall purpose of the 2016 Interoperability Standards Advisory is:
1) To provide the industry with a single, public list of the standards and implementation specifications that can best be used to fulfill specific clinical health information interoperability needs.
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Mobile Spirometer Provider Cohero Health Raises $2M
Cohero Health, an NYC-based digital health company focused on developing connected health tools and technologies to improve respiratory care, has raised $2 million in seed funding. Key investors in the seed round include Zaffre Investments, the investment arm of Blue Cross Blue Shield of Massachusetts, Three Leaf Ventures an affiliate of the Broe Group, Bioadvance, Swanhill Capital and StartUp Health. The company plans to use the funding to scale production of its devices to support large
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Bayer, CRISPR Partner to Develop Gene Editing Apps for Patients
Bayer and gene editing company CRISPR Therapeutics are teaming up to develop new breakthrough therapeutics to cure blood disorders, blindness, and congenital heart disease. CRISPR Therapeutics will contribute its proprietary CRISPR-Cas9 gene-editing technology and intellectual property, while Bayer will make available its protein engineering expertise and relevant disease know-how.
It is the first long-term strategic partnership of its kind to make a substantial investment in the
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