What You Should Know: - Banjo Health, a Washington-based provider of AI-driven prior authorization ("PA") solutions, announced today it has raised in excess of $5 million in Series A financing led by Epsilon Health Investors, with participation from Spark Growth Ventures and Tau Ventures. Epsilon Health Investors Co-Founder and General Partner, Gregory Epstein, will be joining Banjo Health's Board of Directors. - Banjo Health is focused on bringing transparency and automation to PA through
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Health IT | News, Analysis, Insights - HIT Consultant
Craneware Completes $400M Acquisition of Sentry Data Systems & Agilum
What You Should Know: - Today Craneware, a provider of automated value cycle solutions to the healthcare industry, announced it has completed its $400 million acquisition of Sentry Data Systems, a 340B pharmacy administrator, and its sister company, Agilum Healthcare Intelligence, a pharmacy and financial analytics company. - With the deal, Craneware will serve nearly 40% of U.S. hospitals and more than 10,000 hospitals, clinics
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HCTec Acquires Talon Healthy IT Services to Expand Managed Services Capabilities
What You Should Know: - HCTec, a best-in-class IT services firm serving diverse health systems and healthcare provider organizations, today announced it has completed an acquisition of Talon Healthy IT Services, a managed IT solutions company with service centers in North Carolina and Wisconsin. - The acquisition accelerates HCTec’s growth and expands its managed services capabilities to better serve healthcare providers across the U.S. - Talon Healthy IT Services is a KLAS-rated,
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Moving Beyond EHRs: What Lies Ahead for Healthcare Digitization?
As our economy has become increasingly digitized, we are generating a massive influx of personal data. Across industries, the winning companies are those that have successfully harnessed the value of that data to create unique and personalized experiences for their customers. How we shop, travel, and handle our finances have been entirely transformed in ways that delight, engender loyalty, and generate repeat business. Healthcare, however, has generally lagged behind other consumer industries
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AMA Assigns CPT Code for FDA-Cleared Solution to Treat Amblyopia (Lazy Eye)
What You Should Know: - RevitalVision today announced that a new CPT reimbursement code for its solution means millions of U.S. adults with amblyopia can now receive the therapeutic vision training they have needed for years. This software is FDA-cleared and clinically proven to improve vision in adult amblyopia. - CPT code numbers provide the most widely recognized pathway to report medical procedures and services for processing claims, conduct research, evaluate
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Imprivata Acquires Privileged Access Management Provider Xton Technologies
What You Should Know: - Imprivata, the digital identity company for healthcare, today announced the acquisition of Xton Technologies, an innovative provider of privileged access management (PAM) solutions. - Founded in 2017, Xton Technologies takes a modern approach to enterprise PAM. The company’s Xton Access Manager (XTAM) software, deployed in just hours, combines all the features of a traditional enterprise-grade solution in one platform with greatly simplified execution and at a
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Intelerad Acquires Clinical Workflow Automation Provider HeartIT
What You Should Know: - Intelerad, a global leader in medical image management solutions, announced its acquisition of Heart Imaging Technologies, the leader in clinical workflow automation. Founded in 2000, Heart Imaging Technologies was the first company to offer an FDA-cleared zero footprint medical image workstation, which has become the precedent for other companies seeking FDA clearance. HeartIT provides web-based medical image management technology and services to health care
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ACLC, Innovaccer Jointly Launch Value-Based Care Collaborative
What You Should Know: - Innovaccer Inc., a San Francisco-based healthcare technology company, today announced its partnership with the Accountable Care Learning Collaborative (ACLC) to launch various initiatives promoting value-based care (VBC) in the industry. The ACLC is a nonprofit, peer-learning, member organization in which members work together to develop VBC competencies and build resources and tools for their peers. Together, Innovaccer and the ACLC will build a framework
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Intermountain Closes 25 Retail Pharmacies & Transition to CVS Pharmacy
What You Should Know: - Intermountain Healthcare announced it its plan to close 25 retail pharmacies and has entered into an agreement to transfer prescriptions and inventory to CVS Pharmacy in Utah, starting August 2021. - The closures will affect Intermountain retail pharmacies located in Utah with low usage by area residents. - Intermountain will continue to offer medication management services and medication assistance and financial support services. Transition Plan CVS
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State Farm Taps Included Health to Improve Healthcare Equity for LGBTQ+ Employees
What You Should Know: - Today, State Farm announced that it is elevating care for LGBTQ+ employees through a new partnership with Included Health. As a free healthcare benefit, State Farm employees and their families now have access to a dedicated care coordinator who can help them find supportive, affirming healthcare providers and navigate healthcare challenges. - Discrimination is rampant in the LGBTQ+ community, with more than 40% say they have experienced discrimination by a
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