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Health IT | News, Analysis, Insights - HIT Consultant

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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UHG’s Optum Acquires Home Health Business LHC Group for $5.4B

by Healthcare M&A Activity 03/30/2022 Leave a Comment

UHG's Optum Acquires Home Health Business LHC Group for $5.4B

What You Should Know: - UnitedHealth Group subsidiary Optum has agreed to acquire LHC Group, a national patient-focused provider of high-quality in-home health care services for $5.4 billion ($170 per share).       - The acquisition will further strengthen their shared ability to advance value-based care, especially in the comfort of a patient’s own home. Extend Value-Based Care into Patients’ Homes The combination of LHC Group with Optum Health, which works
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LCMC Health Delivers Remote Pregnancy Care to More Than 1,200 Mothers Through Babyscripts

by Jasmine Pennic 03/29/2022 Leave a Comment

LCMC Health Delivers Remote Pregnancy Care to More Than 1,200 Mothers Through Babyscripts

What You Should Know: - Babyscripts, a virtual care platform for managing obstetrics, announced a one-year partnership with LCMC Health, a New Orleans-based, non-profit health system.  - The partnership has provided more than 1,200 mothers with equitable access to care through the Babyscripts virtual maternity care platform and has been shown to increase patient compliance to important maternal care guidelines. LCMC Health Delivers Remote
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Zero Clients: The New Face of Security for Healthcare

by Mark Kempf, VP, CP Technologies & CP Systems at CP North America 03/29/2022 Leave a Comment

Zero Clients: The New Face of Security for Healthcare

Healthcare data is notoriously vulnerable to hacking. The pandemic has stretched industry resources thin, and data quality and security are suffering as a result. In addition, the rise in mobile applications, the adoption of mobile workstations, and the ease with which organizations can now expand into cloud accounts have made the industry more vulnerable than ever before. In short, “the attack surface” is now expansive. According to IDC, an astounding 36% of the world’s
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Revenue Cycle Management Company nThrive Rebrands as FinThrive

by Fred Pennic 03/28/2022 Leave a Comment

What You Should Know: - Healthcare revenue cycle management platform provider nThrive today announced it has rebranded, FinThrive™, which will be formally launched through a pending rebrand.  The new name signals the Company’s intention to break the cycle of inefficiency associated with traditional RCM technologies, while designing a modern software approach that empowers stakeholders across healthcare’s financial ecosystem. FinThrive Focus As FinThrive, the company will
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