What You Should Know:
Pyx Health, a tech-enabled services company that provides health plans and their members an innovative, scalable solution that uniquely reduces loneliness and social isolation, today announced a majority growth investment fromTT Capital Partners (TTCP).The company’s innovative app-based technology, paired with timely human interventions, improves patient and member outcomes in vulnerable populations, reduces financial burdens on the health care system, and promotes
Read More
Health IT | News, Analysis, Insights - HIT Consultant
Lifebit Partners with Latin American Innovators to Assist Genomic Diversity
What You Should Know:
London-based precision medicine software provider Lifebit has agreed partnerships with two innovative population genomic initiatives in Mexico and Brazil to help diversify genomic research and reduce health inequality in Latin America.The use of Lifebit’s federated technology will allow researchers around the world to connect with and securely access the valuable and sensitive genomic data held by gen-t (headquartered in Sao Paolo) and Omica.bio (based in
Read More
UMC Health System Deploys AI-Based Gun Detection to Deter and Mitigate Gun-Related Violence
What You Should Know:
ZeroEyes, the creators of the only AI-based gun detection video analytics platform that holds the US Department of Homeland Security SAFETY Act Designation, and UMC Health System today announced the deployment of ZeroEyes’ software to protect the facility’s patients, employees and visitors against gun-related violence. With gun-related workplace violence rising in the US, hospitals face new security challenges. Healthcare workers, who served and
Read More
Teladoc Health & Microsoft Expands Generative AI Integration
What You Should Know:
- Teladoc Health today announced an integration expansion with Microsoft, leveraging AI to help minimize administrative burden and identify potential hazards.
- The integrated solutions will enhance the power of our Solo platform for hospitals and health systems to better support the clinical workforce. These innovations powered by Microsoft AI tools will minimize administrative burden by automating clinical documentation during virtual and in-patient care.
-
Read More
M&A: Ventra Health Acquires ArcMed
What You Should Know:
- Ventra Health, a business solutions provider for hospital-based clinicians, announced today the acquisition of ArcMed, an India-based billing and automation services organization. This acquisition will strengthen Ventra Health’s service performance and quality, optimize operational efficiencies, and provide added scale for automation and growth.
- Ventra Health's new operating model, predictive analytics platform, and intelligent process automation will enable
Read More
NeuroFlow Acquires Behavioral Health Tech Firm Capital Solution Design
What You Should Know:
NeuroFlow, the leading provider of behavioral health technology infrastructure, today announced that it has acquired Capital Solution Design (CSD), parent company to Behavioral Health Lab (BHL) and BHL Touch, a leading provider of measurement-based care solutions for the U.S. Department of Veterans Affairs (VA) and other healthcare organizations.The acquisition makes CSD a wholly-owned subsidiary, bringing BHL and BHL Touch and the company’s talent to
Read More
PE Firm Thoma Bravo Makes Strategic Investment in Bluesight & Medacist Acquisition
What You Should Know:
- Today Thoma Bravo, a private equity software investment firm, announced a strategic growth investment in Bluesight, the Medication Intelligence™ Company. Current investor New Leaf Ventures will remain invested in the business. Financial terms of the transaction were not disclosed.
- This investment will support Bluesight's acquisition of Medacist, the lead innovator in drug diversion monitoring, and drive the growth of Bluesight's inventory management and
Read More
M&A: Capsa Healthcare Acquires MASS Medical Storage
What You Should Know:
- Capsa Healthcare, a provider of healthcare workflow solutions, announced the acquisition of MASS Medical Storage, a prominent manufacturer of high-quality medical storage and endoscope cabinet drying systems.
- The strategic acquisition strengthens Capsa Healthcare's global position as a premier provider of innovative and efficient workflow solutions for hospitals, clinics, and surgery centers.- With this acquisition, Capsa Healthcare gains access to MASS
Read More
Charting a Path Forward for Behavioral Health After the Public Health Emergency
The pandemic caused a significant increase in overdose and Substance Use Disorder (SUD) related deaths, exposing long-standing deficiencies in the identification and treatment of SUD. So, with the end of the public health emergency (PHE) on May 11, 2023, and the cessation of PHE-related exceptions that increased access to mental health resources, there is reason for concern. And recent statistics bolster this worry.
Ninety percent of US adults believe the country faces a mental health crisis,
Read More
NextGen to Pay $31M Settlement for False Claims Act Allegations
What You Should Know:
EHR vendor NextGen Healthcare has agreed to pay $31M to settle allegations that NextGen violated the False Claims Act (FCA) by misrepresenting the capabilities of certain versions of its EHR software and providing unlawful remuneration to its users to induce them to recommend NextGen’s software. The civil settlement includes the resolution of claims brought under the qui tam or whistleblower provisions of the False Claims Act by Toby Markowitz and Elizabeth
Read More
