- Icario, a leading health action company focused on connecting people to health announce that CVC Capital Partners (“CVC”), a leading global private equity firm, has acquired a majority interest in the company through the CVC Growth Partners II fund.
- The news comes at an exciting time for Icario, which rebranded earlier this year following the merger of market leaders Revel and NovuHealth. CVC will help Icario accelerate its business roadmap as it continues to build innovative solutions
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Health IT | News, Analysis, Insights - HIT Consultant
R1 Acquires Patient Financial Engagement Platform VisitPay for $300M
What You Should Know:
- Today R1 announced they will acquire patient financial engagement company VisitPay for $300 million in cash, leading the charge in overhauling the patient experience in the area with the most pain points - from surprise billing to price transparency. The acquisition marks R1’s third acquisition in the last year, transitioning the organization from a revenue cycle management services leader to a leading technology company.
- VisitPay’s cloud-based platform is used by
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Provation Acquires Perioperative Data Management Platform iProcedures
What You Should Know:
- Provation, a SaaS provider of procedure documentation and clinical decision support solutions, backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced its acquisition of iProcedures, LLC, a top-rated provider of cloud-based anesthesia documentation and perioperative data management software solutions. Financial terms of the transaction were not disclosed.
- The acquisition further expands Provation’s
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Votive Health Raises $2.5M to Facilitate Payer-Provider Integration through Value-Based Arrangements
What You Should Know:
- Votive Health announced its formal launch following a $2.5 million financing led by Flare Capital Partners with Chrysalis Ventures and OCA Ventures as co-investors.
- Votive Health is a technology enabled network manager delivering complex care at home for people facing serious illness. It was founded by a team of health care insiders who share a passion for solving issues that result from the fragmented health system in the U.S. for patients living with a
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Paper vs. Electronic: 72% of Americans Want Physicians to Use Mobile E-Prescribing Tools
What We Should Know:
- A new e-prescription survey of 1,004 U.S. consumers, ages 18 and over conducted by Propeller Insights on behalf of DrFirst in December 2020 shows that despite the industry’s claim of widespread adoption of e-prescribing (EPCS), many doctors continue to write paper prescriptions. The survey found that 53% of Americans say some of their prescriptions are still sent to the pharmacy by phone, fax, or paper.
- They also often wait days for even urgently needed
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35% of Americans Would Prefer A Chip to a Vaccine Passport
What We Should Know:
- A 2021 Vaccine Passport Privacy Study of 1,000 American adults from NordVPN found that two-thirds of Americans (66%) would get a vaccine passport if it were required to travel, and even though the US may not require vaccine passports, 62% would still get one if it's required to visit other countries.
- Conducted by Propeller Insights, the survey reveals 40% expressed concerns it won’t be universal and another 38% are concerned they could be stolen or hacked.
-
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HCPs: Breaking Through The Noise with Digital Engagement
In 2020, the pandemic forced a dramatic switch to a 100 percent remote commercial model for the pharmaceutical industry virtually overnight. While many digital technologies had already been evaluated or implemented by pharmaceutical companies, this event accelerated a digital-first approach with many enterprises deploying and scaling new technologies in days; events that would previously have taken months or years.
Today, even individuals that were digital novices a year ago can navigate the
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Particle Health Expands Beta Program API to Consumer Digital Health Providers – Enabling Instant Access to Patient Records
What You Should Know:
- Particle Health announces the launch of its Beta Program that will enable consumer applications such as PHRs and other providers instant access to patient records stored across health exchanges - using its single API.
- The Beta Program is aimed at helping developers deliver next-gen healthcare solutions that have now been enabled with the recent passing of the Anti-Information Blocking Rule in the CURES Act.
- Now the Anti-Information Blocking Rule is in
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Halma Acquires AI-Powered Perinatal Platform PeriGen for $58M
- Halma, a UK global group of life-saving technology companies that provide innovative solutions to key problems facing the world today has acquired PeriGen, a leader in artificial intelligence that improves safety during childbirth for $58M in cash.
- The acquisition provides access to a supportive network and additional resources so that PeriGen can expand its perinatal safety technology throughout the U.S. and
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CareCloud to Pay $3.8M to Settle Whistleblower Case Alleging Kickbacks
What You Should Know:
- Miami-based EHR company CareCloud has agreed to pay $3.8 million to the federal government to settle a “qui tam” lawsuit filed on behalf of a whistleblower by Phillips & Cohen LLP that alleged CareCloud paid kickbacks to healthcare providers to boost sales of its EHR products.
- The “relator” (whistleblower) in the qui tam lawsuit, Ada de la Vega, was a senior manager at CareCloud who has since left the company and was awarded de la Vega approximately 21% of the
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