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Health IT | News, Analysis, Insights - HIT Consultant

Eleos Closes $20M to Unlock CareOps Automation for Behavioral Health

by Jasmine Pennic 04/05/2022 Leave a Comment

Eleos Closes $20M to Unlock CareOps Automation for Behavioral Health

What You Should Know: - Eleos Health has announced a $20 million Series A round, co-led by F-Prime Capital and Eight Roads Ventures, bringing their total raise to $28 million.  - Eleos Health is a behavioral health application for voice AI, operating ambiently in the background of mental health clinician-patient conversations. It’s in production use with 20+ care providers and health plans, with a goal of unlocking up to 30% more mental health care provider capacity as the U.S.
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Clarify Health Secures $150M for Value-Based Payments Platform

by Fred Pennic 04/05/2022 Leave a Comment

Clarify Health Secures $150M for Value-Based Payments Platform

What You Should Know: - Clarify Health, a cloud analytics and value-based payments platform company, announced today that it secured $150 million in Series D financing. SoftBank Vision Fund 2 led the round and was joined by funds and accounts managed by BlackRock and Memorial Hermann Health System, along with existing investors Insight Partners, Spark Capital, KKR, Aspenwood Ventures, Rivas Capital, and Sigmas Group. - This newest round of funding comes on the heels of the
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Azalea Health Launches Azalea Apps Marketplace to Improve Patient Care & Profitability

by Jasmine Pennic 04/05/2022 Leave a Comment

Azalea Health Launches Azalea Apps Marketplace to Improve Patient Care & Profitability

What You Should Know: - Azalea Health Innovations Inc. (Azalea Health or Azalea), a provider of cloud-based patient management and health IT solutions, today launched Azalea Apps Marketplace, a one-stop app library of approved third-party vendors that are integrated with Azalea Health.  - The Azalea Apps Marketplace allows users to search through a library of third-party applications that are connected with Azalea’s
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Why Digital Transformation Is Imperative to Combat Healthcare’s Labor Crisis

by Juan Pablo Segura, President and Co-founder of Babyscripts 04/05/2022 Leave a Comment

Digital Health - Is It Worth It? How to Calculate ROI in Digital Health

As the coronavirus pandemic first spread across the globe, health systems turned to technology and virtual care while focusing their efforts on COVID-19 and its consequences. Physicians deployed digital tools to keep the worried well out of hospitals, to keep beds open for COVID-19 patients, and to support and manage conditions like pregnancy from the safety of patients’ homes. Now the healthcare sector faces a new challenge. The so-called “Great Resignation” is causing workers to leave their
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athenahealth Improves Care for Transgender & Non-Binary Patients

by Jasmine Pennic 04/01/2022 Leave a Comment

$17B athenahealth PE Firm Buyout Deal Near Closing - Health M&A

What You Should Know: - athenahealth launches new capabilities in athenaOne, the company’s cloud-based suite of electronic health records (EHR), healthcare billing, and patient engagement solutions, to help eliminate barriers that transgender and non-binary patients face when receiving healthcare. - The new functionality enables more accurate and comprehensive recording and display of patient information – including the name used, pronouns, and gender identity, in addition to legal name
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PE Firm Acquires Intelligent Medical Objects (IMO) for $1.5B+

by Fred Pennic 03/31/2022 Leave a Comment

PE Firm Acquires Intelligent Medical Objects (IMO) for $1.5B+

What You Should Know: - Thomas H. Lee Partners, a premier private equity firm investing in growth companies, announced today that it has entered into an agreement to acquire a majority interest in Intelligent Medical Objects, a healthcare data enablement company and market leader in clinical terminology solutions in a $1.5B + deal. - Founded in 1994, IMO manages more than 5 million clinical terms and maps to all major coding systems. Its suite of software products, which is used by over
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Analysis: US Ambulatory EHR Market Shake-Up at HIMSS 2022

by Alex Green, Director at Signify Research 03/31/2022 Leave a Comment

Analysis: US Ambulatory EHR Market Shake-up at HIMSS 2022

During, and in the run-up to, HIMSS earlier this month there were several announcements from US EHR vendors that will shake up the US EHR market, particularly in the ambulatory segment. These included:  - Allscripts’ announcement that it is to sell its Sunrise, Paragon, TouchWorks, Opal, dbMotion, STAR and HealthQuest business to Harris Computer Corp. - Meditech’s announcement that Expanse Ambulatory is to be made available to independent and physician-owned practices, alongside its
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Powered by Biofourmis, Blessing Health System Partners Launches Home Hospital Services

by Partnerships 03/31/2022 Leave a Comment

What You Should Know: - Blessing Health System, an integrated rural health system selects Biofourmis, a virtual care and digital therapeutics provider to launch its own home hospital services. - As part of the selection, Biofourmis is supporting the health system with its turnkey, end-to-end, home hospital solution for participation in the Rural Home Hospital project.  Delivering Acute-Level Hospital Care Inside Patients’ Homes This new program allows caregivers to
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Reema Health Secures $8M for Personalized, Community-Based Health Platform

by Fred Pennic 03/31/2022 Leave a Comment

Reema Health Secures $8M for Personalized, Community-Based Health Platform

What You Should Know: - Reema Health, a Minneapolis, MN-based community-based health technology platform raises $8M in seed funding led by MaC Venture Capital and DNA Capital. Combined with a previous $1.25 million pre-seed round and earlier preliminary investments, Reema’s has raised over $10 million to date.   - Reema uses technology to power human relationships with the goal of improving health outcomes for people who are hardest to reach. Reema’s breakthrough health
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Nurse-1-1 Raises $2.3M to Expand Conversational Marketing for Healthcare

by Fred Pennic 03/31/2022 Leave a Comment

Nurse-1-1 Raises $2.3M to Expand Conversational Marketing for Healthcare

What You Should Know: - Nurse-1-1, the first conversational marketing company for healthcare raises $2.3M in seed funding round led by Argon Ventures with participation from York IE and Hyperplane.  - The company will use the financing to expand its team, accelerate its go-to-market efforts, and scale its current partnerships with publicly traded and nationwide digital health, at-home testing, and pharma companies. Nationwide Nurse Work Through a
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