What You Should Know:
- DrChrono Inc., a company developing an essential platform and services for modern medical practices, today announced it has raised a new round of over $12M in growth capital from ORIX Corporation USA’s Growth Capital team (ORIX Growth Capital.)
- The company plans to use the growth capital to expand all operations and provide enhancements across the other key product areas including EHR, practice management, medical billing and the company’s core partner
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Health IT | News, Analysis, Insights - HIT Consultant
Recuro Health Acquires Risk Stratification Solution MyLegacy – M&A
What You Should Know:
- Recuro Health (Recuro), an integrated digital health solution that evolves healthcare from a reactive, disease-focused model to a personalized, proactive system, today announced the acquisition of MyLegacy, a risk stratification tool and clinical decision support application which uses proprietary algorithms based on practice guidelines developed by the Cleveland Clinic Genomic Medicine Institute.
- The acquisition will further increase the scope and capabilities of
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Siemens Healthineers, Prisma Health Form 10-Year Agreement to Innovate Healthcare for South Carolina
What You Should Know:
- Today, Siemens Healthineers and Prisma Health announced a 10-year strategic relationship to help create a better state of health for South Carolina.
- This Value Partnership is focused on healthcare innovation, workforce development, and improving health care for patients and communities served by Prisma Health.
As part of the strategic partnership, Siemens Healthineers and Prisma Health will deploy the latest generation of medical technology at all Prisma Health
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LifePoint to Acquire Kindred Healthcare, Invest $1.5B Over 3 Years
What You Should Know:
- LifePoint Health and Kindred Healthcare announced they have entered into a definitive agreement for LifePoint to acquire Kindred Healthcare. Financial terms of the acquisition were not disclosed.
- The acquisition enhances LifePoint’s commitment to providing high-quality care close to home with Kindred’s specialty hospital and rehabilitative expertise and emerging behavioral healthcare platform.
- In addition, LifePoint to invest $1.5 billion over the
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AI + Human Intelligence — A More Effective Solution for the Healthcare Payment Lifecycle
Much has been written about the advent of Artificial Intelligence (AI) in the healthcare payment lifecycle, but has it been oversimplified? The straightforward answer is yes.
Many articles have characterized AI as the end-means antidote that will solve all revenue cycle management (RCM) issues and easily streamline the reimbursement process from beginning to end. In fact, many of the products in today’s marketplace promise a complete solution based almost entirely on AI. But, looking at this
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eCaring Acquires Home Care Agency Platform Home Care IT – M&A
What You Should Know:
- eCaring, an integrated software platform that aligns the entire in-home care team, has acquired Home Care IT, a secure, web-based software product for home care agencies based in Lexington, MA.
- Home Care IT™ is a feature-rich, web-based, home care management software for non-medical home care and personal care agencies. The product consolidates and simplifies many of the important tasks required for the management of a home care agency and drives
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Surprise! Patient Engagement is About the Individual
It’s well understood that patient engagement leads to better outcomes. A powerful way to boost engagement is by delivering a personalized care experience so that patients can manage their condition in a way that best aligns with their lifestyle and goals.
Two of the most effective patient engagement initiatives include: 1) clinicians spending more time with patients and, 2) shared decision making. Although clinicians would prefer more face-to-face time with patients to better assess their
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Jonathan Bush’s Second Venture Zus Health Launches with $34M for Health Data Interoperability Platform
What You Should Know:
- Former athenahealth founder and CEO Jonathan Bush, today announced the launch of Zus Health (“Zus” pronounced Zoos like the father of Athena) focused on creating the industry’s first shared development platform backed by a shared data record.
- The company is launching with the close of $34M in Series A funding led by Andreessen Horowitz (a16z), F-Prime Capital, Maverick Ventures, Rock Health, Martin Ventures and Oxeon Investments also participated in
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HHS Establishes $80M Public Health IT Workforce Program
What You Should Know:
- The U.S. Department of Health and Human Services’ (HHS) Office of the National Coordinator for Health Information Technology (ONC) today announced the establishment of an $80M Public Health Informatics & Technology Workforce Development Program (PHIT Workforce Program) to strengthen U.S. public health informatics and data science.
- The PHIT Workforce Program aims to train more than 4,000 individuals over a four-year period through an interdisciplinary approach
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Doximity’s Medical Social Network Launches Announces IPO at $4B Valuation
What You Should Know:
- Doximity, a leading digital platform for U.S. medical professionals announced its initial public offering (IPO) of 23,300,000 shares of its Class A common stock.
- The initial public offering price is expected to be between $20.00 and $23.00 per share. Doximity's Class A common stock is expected to trade on the New York Stock Exchange under the symbol "DOCS."
- Founded in 2010, Doximity is the leading digital platform for U.S.
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