What You Should Know: - Inovalon, a provider of cloud-based platforms empowering data-driven healthcare, today announced that it has entered into a definitive agreement to be acquired by an equity consortium led by Nordic Capital, and joined by Insight Partners, as lead co-investor, 22C Capital for $7.3 billion in cash. - Under the terms of the agreement, Inovalon stockholders will receive $41.00 per share in cash for each share of Class A Common Stock or Class B Common Stock, representing
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Health IT | News, Analysis, Insights - HIT Consultant
M&A: AmerisourceBergen Acquires Fintech Solution FirstView Financial
What You Should Know: - Today, global healthcare company AmerisourceBergen announced it has acquired FirstView Financial (FirstView), a fintech solutions provider that delivers innovative digital payment processing services to support patient affordability and access programs, pharmacy and provider networks, and payors and plan administrators. - The addition of FirstView to AmerisourceBergen’s existing suite of manufacturer services positions the company to meet the increased demand
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Semafone Integrates with Epic to Secure Healthcare Payments
What You Should Know: - Today Semafone, a provider of data security solutions for call and contact centers, has announced an integration with EHR provider Epic to protect payment data and enhance the patient experience. - Semafone’s Cardprotect Voice+ solution empowers customer-facing personnel in the healthcare industry to take secure, compliant payments over the telephone. Cardprotect Voice+ Solution Overview Utilizing patented dual-tone multi-frequency (DTMF) masking
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Sentara Healthcare Taps Sensyne to Deploy Clinical Algorithms for CKD & CHF
What You Should Know: - Sentara Healthcare, a health system in NC and VA, just partnered with Sensyne Health to drive clinical research with ethical AI. - As part of a collaboration agreement, Sentara also becomes the first of several U.S. health systems that will partner with Sensyne to implement new clinical algorithms to support patients with CKD and CHF. The agreement will enable the ethical application of clinical AI research by Sensyne through analyzing Sentara’s patient dataset to
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How the Pandemic Underscores the Importance of Health IT in Employee & Occupational Health
“I have received more recognition, interest and support in the last year than in the previous two plus decades of my occupational health career.” These were the words spoken to us recently by the medical director of a Fortune 500 corporation reflecting on the dramatically increased attention he was receiving from the C-suite of his organization following the COVID-19 outbreak. Despite the global turmoil that the COVID-19 pandemic has left in its wake, a revitalized focus on taking the best
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Streamline Health Acquires RCM Consulting Firm Avelead for $20M
What You Should Know: - Streamline Health Solutions, Inc., a provider of the eValuator Revenue Integrity Program to help healthcare providers proactively address revenue leakage and compliance exposure, announced the acquisition of Avelead Consulting, LLC (“Avelead”), a provider of solutions and services to improve revenue integrity for healthcare providers. - Financial terms of the acquisition include closing cash and stock consideration valued at $20M, subject to
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QGenda Acquires Provider Credentialing Platform CredentialGenie – M&A
- QGenda, leading innovator in enterprise healthcare workforce management solutions, announced today the acquisition of CredentialGenie, an intelligent, cloud-based platform that simplifies the provider credentialing process. - By adding CredentialGenie’s capabilities to QGenda’s healthcare workforce management platform, QGenda will be the only organization to bring together provider credentialing and provider scheduling in one centralized platform, enabling healthcare organizations to
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HCA Healthcare Sells Off PatientKeeper to General Catalyst’s Commure
What You Should Know: - HCA Healthcare, one of the nation’s leading healthcare providers, and General Catalyst, a global venture capital firm, today announced the sale of HCA Healthcare’s PatientKeeper to venture firm General Catalyst’s portfolio company Commure along with an investment in Commure and the formation of a new strategic collaboration to accelerate digital transformation. - PatientKeeper is a leading provider of intuitive software and mobile applications that help physicians
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Stronger Together: A Remedy to Third-Party Cyber Risk in Healthcare
Controlling healthcare costs while delivering faster and better patient care is predicated upon the secure digitization and distribution of health information, from clinicians to medical devices to EMR and EHR systems, and more. The healthcare blueprint looks and operates much differently from what’s built for other industries, with vendors and other third parties supplying most of the components that make up today’s healthcare provider infrastructure. It’s increasing the attack surface area,
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Femtech: Babyscripts Partners with Privia Health for Remote Pregnancy Care
What You Should Know: - Privia Health, a national physician enablement company that collaborates with medical groups, health plans and health systems, has teamed up with Babyscripts, the leading virtual care platform for managing obstetrics, to provide the Babyscripts platform to their providers, enabling physicians with Privia Women’s Health to deliver cutting-edge remote care to their pregnant and postpartum patients across the nation. - Pregnant patients who receive care from the more
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