ABILITY Network (ABILITY), a health information technology company that simplifies the complexities of administrative and clinical processes has raised $545 million in debt financing. The proceeds will be used to replace existing debt at lower rates and extended maturities, fund cash to the balance sheet for growth and pay a dividend to shareholders. The new debt financing, along with ABILITY’s strong performance, returns leverage ratios to the same level as when Summit Partners and Bain
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ALKU Acquires Health IT Consulting Firm Holland Square Group
Specialized staffing firm ALKU has acquired Holland Square Group, a Nashville, TN-based provider of health IT consulting and staffing solutions to providers, payers, and suppliers of healthcare technology and services. The acquisiton will help expand and diversify ALKU’s specialized service offerings to the health IT market, as well as establish a market share in the health IT consulting market.“We immediately recognized the unique opportunity that combining with Holland Square Group represents
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Survey: 4 in 5 Physicians Experienced Cyberattacks In Their Clinical Practices
More than four in five U.S. physicians (83 percent) have experienced some form of a cybersecurity attack, according to new research released today by Accenture and the American Medical Association (AMA). The key findings reveal physicians see need for the healthcare industry to increase cybersecurity support for medical practices in their communities. More than half (55 percent) of the physicians were very or extremely concerned about future cyberattacks in their practice. In addition,
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Firelands Regional Medical Center Goes Live on MEDITECH Web EHR
Firelands Regional Medical Center (Sandusky, Ohio), has gone LIVE with MEDITECH’s Web Enterprise Health Record (EHR). The contemporary EHR spans across the entire continuum, including clinical, ancillary, billing, patient portal, and more.After evaluating its best of breed vendor approach, Firelands decided to move towards a one patient, one record strategy with MEDITECH’s Web EHR to improve care coordination, also citing mobility, intuitiveness, and flexibility as deciding factors. The
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Mount Sinai, Sema4 Researchers Develop Method for Microbiome Analysis
Scientists from the Icahn School of Medicine at Mount Sinai, Sema4, and collaborating institutions New York University and the University of Florida today published a report detailing their new, more accurate method for identifying individual microbial species and strains in a community. This technique has important implications for microbiome analysis, with potential long-term applications for clinical care. The paper came out today in Nature Biotechnology.Microbiomes are communities of
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Aprima EHR Integrates With DocBuddy Mobile Workflow App to Enhance Physician Productivity
Aprima, a physician pratice-focused EHR provider has announced an integration partnership with DocBuddy, a comprehensive workflow solution powered by voice recognition to deliver more convenient and efficient provider documentation when using an iOS or Android device. With DocBuddy, providers can dictate into any part of a patient note, whether they are in the office or on the go, allowing providers to efficiently insert macros of common phrases, diagnoses and other objective findings into
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Dignity Health and Catholic Health Initiatives Merge to Expand Access to Quality Care Across 28 States
nOn Thursday, Catholic Health Initiatives (CHI) and Dignity Health have signed a definitive agreement to combine ministries and create a new, nonprofit Catholic health systems, allowing the organizations to expand their mission of service and create a healthier future for people and communities across 28 states. The new health system will build a stronger operational and financial foundation to expand access to quality care, build upon complementary resources and capabilities, and reinvest in
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Precision Medicine Startup 2bPrecise Brings Pharmacogenomics to the Point of Care
2bPrecise., an EHR-agnostic, cloud-based precision medicine platform, recently announced its new pharmacogenomics (PGx) solution that takes pharmacogenetic information and makes it actionable for physicians. The solution pushes live, real-time PGx content directly into the clinical setting so clinicians can more precisely diagnose and treat their patients.2bPrecise has partnered with Translational Software, Inc. (TSI), a leader in the intelligent use of genomic data for clinical decision
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OptimizeRX, Modernizing Medicine Launches Real-Time Financial Messaging
OptimizeRx Corp., a provider of digital health messaging via electronic health record (EHR) systems, announces a new initiative with specialty-specific EHR provider Modernizing Medicine to help patients save money and be better educated about their prescriptions. As part of the partnership, OptimizeRx services will operate seamlessly within the Modernizing Medicine EHR system workflow to notify health care providers (HCPs) of potential prescription savings and support information for their
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OSF Innovation Partners with MassChallenge to Accelerate Digital Health Startups
OSF Innovation recently signed a one-year agreement to be a Platinum Sponsor of PULSE@MassChallenge, a program that specifically focuses on identifying and accelerating promising digital health startups. As a partner, OSF has the opportunity to vet hundreds of digital healthstartups and can choose up to two it will mentor to further develop their companies including connecting them with health care leaders, initiating pilots and introducing them to investment opportunities. Beyond mentorship,
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