Medsphere Systems Corporation, a provider of affordable and interoperable healthcare information technology (IT) solutions and services, today announced it has raised $32 million in funding from Morgan Stanley Expansion Capital and East West Bank. The Carlsbad, CA-based company plans to use the capital infusion to address the growing demand for its comprehensive suite of healthcare IT solutions and services, and support future strategic acquisitions.Medsphere BackgroundFounded in 2002,
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Berkshire Health Systems to Implement MEDITECH Expanse EHR Across its 225 Physician Practices
Berkshire Health Systems (BHS), a provider of comprehensive healthcare services based in Berkshire County (Mass.), recently signed an agreement to implement MEDITECH Expanse Enterprise Health Record (EHR) system. As part of the implementation, Berkshire will be adding MEDITECH Ambulatory and MEDITECH Acute Care solutions across its 225 physician practices. System implementation will be led by Santa Rosa Consulting, Inc., a MEDITECH READY-certified firm and leading provider of management
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HSHS integrates SeamlessMD with Epic EHR Using New SMART on FHIR
Hospital Sisters Health System (HSHS) has announced its first ever integration using the new SMART on FHIR platform with Epic and SeamlessMD to deliver a unified experience for patient engagement. Starting with the Prairie Heart Institute at HSHS St. John’s Hospital, the health system is using SeamlessMD within the EpicCare environment to deliver patient engagement, enable care management, and leverage artificial intelligence to improve patient outcomes.Since 2017, Prairie Heart Institute has
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CareCloud Expands Revenue Cycle Management Offerings for Accurate Billing & Faster Payments for Practices
CareCloud, the platform for high-growth medical groups, today announced that it has expanded its revenue cycle management (RCM) services to help practices realize greater productivity and revenue gains through more accurate billing and faster payments. Starting today, current CareCloud clients may now add an additional payment posting service layer on top of their CareCloud practice management or electronic health record software subscription. Through this service, CareCloud will make sure every
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DrChrono Releases Physical Therapy EHR Bundle with Integrated Digital Home Exercise Prescription and Outcome Tracking Feature
Mobile EHR provider DrChrono, today announced a new integrated Physical Therapy and musculoskeletal (MSK) EHR bundle designed to help providers easily engage patients through exercise program prescription, educational content, and outcomes tracking. The new bundle includes a smartphone, tablet and the ability to support telemedicine consultations before, during or after direct patient treatments, along with Physitrack’s complete platform of tools.DrChrono Physical Therapy EHR Bundle
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M&A: Veritas and Evergreen Coast Capital to Acquire athenahealth for $5.7B
athenahealth, Inc., today announced private equity firms Veritas Capital and Evergreen, the private equity subsidiary of Elliott Management will acquire athenahealth for approximately $5.7 billion in cash ($135 per share). The acquisition comes months after Elliot Management made an unsolicited bid to acquire the company for $6.5B.Financial DetailsUnder the terms of the agreement, athenahealth shareholders will receive $135 in cash per share. The per share purchase price represents a premium of
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3 Major Misconceptions About Managed Print Services in Healthcare
Managed Print Services (MPS) is a concept that has been around for a long time and has many different definitions and even more approaches. At its very core, Managed Print Services is about controlling costs, providing transparency to utilization, and supporting the technical print environment. With that said there are many misconceptions when it comes to Managed Print Services overall and especially within healthcare.The healthcare environment is quite unique and provides challenges to many of
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DrChrono EHR Integrates With Diagnoss to Offer Physician Practices AI-Driven Medical Coding
Diagnoss integration with DrChorno’s mobile EHR will help physician practices automate their medical coding through artificial intelligence. Mobile EHR provider DrChrono is teaming up with Diagnoss, a company focused on reducing the administrative burden of medical practices to offer physician practices artificial intelligence (AI) technology to help automate the medical coding process. Diagnoss's artificial intelligence technology helps medical establishments improve their collections while
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BREAKING: ResMed to Acquire MatrixCare EHR for $750M
Connected care company ResMed announced it will acquire MatrixCare, a provider of long-term care EHR software, for $750M to expand its out-of-hospital SaaS portfolio. Named "Best in KLAS" for long-term post-acute care software, MatrixCare’s solutions help Accountable Care Organizations, skilled nursing and senior living providers, life plan communities, and home health organizations to connect, collaborate and prosper as we migrate to a fee-for-value healthcare system. In addition to electronic
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Saint Luke’s Health System Joins KHIN Health Information Exchange to Improve Care Coordination
Saint Luke’s Health System, a faith-based, not-for-profit health system with a significant presence in Kansas and Missouri announced this week it is the newest addition to the list of healthcare participants now sending and receiving patient data through the Kansas Health Information Network (KHIN). Saint Luke’s Health System includes 16 hospitals and campuses, several primary and specialty care practices, inpatient and outpatient care, home care and hospice, and a life care senior living
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