What You Should Know:
- TRIMEDX announced the acquisition of Centurion Service
Group, a full-service medical equipment re-seller, to expand its Clinical Asset
Management offering.
- The added capabilities of Centurion will allow TRIMEDX
clients to gain maximum value from their excess medical equipment through
Centurion auction services, positively impacting operational expenses,
maximizing resources to improve patient care, etc.
TRIMEDX,
a provider of clinical engineering, medical
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Health IT | News, Analysis, Insights - HIT Consultant
M&A: CarepathRx Acquires Pharmacy Operations of Chartwell from UPMC for $400M
What You Should Know:
- CarepathRx will
acquire the University of Pittsburgh Medical Center’s pharmacy operations in a
$400M deal.
- The company fully
integrates pharmacy operations, expands healthcare services, improves
ambulatory access, minimizes clinical variation and creates new health system
revenue streams.
- CarepathRx serves more than 15 health systems and 600
hospitals, with more than 1,500 employees nationwide, 400 payor contracts.
Already CarepathRx has treated more than
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Healthcare M&A: DAS Health Acquires Randall Technology Services
What You Should Know:
- DAS Health Ventures acquires healthcare
and managed IT company Randall Technology Services (RandallTech).
- This acquisition adds Allscripts® PM
and EHR solutions to the DAS portfolio of supported products, and DAS Health
has now added additional staff in Texas that will create opportunities for
greater regional support of its entire solutions portfolio.
DAS Health Ventures, Inc., an industry leader in health IT and management, announced today it completed
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Google Cloud Launches Healthcare Interoperability Readiness Program
What You Should Know:
- Google Cloud launches Healthcare Interoperability
Readiness Program to help healthcare organizations achieve healthcare data interoperability.
Today,
Google Cloud launched the Google Cloud Healthcare Interoperability Readiness
Program, helping organizations achieve data interoperability in advance of
upcoming HHS deadlines and to enable future innovation. Alongside partners like Bain, BCG, Deloitte, HCL,
KPMG, SADA, and more, the Healthcare
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Hospitals Hit with Low Volumes, High Expenses, Poor Margins as COVID-19 Cases Mount
What You Should Know:
- October was a challenging month for hospitals and
health systems nationwide amid ongoing instability spurred by the COVID-19
pandemic, according to Kaufman Hall’s latest Hospital Flash Report.
- Margins and volumes fell, revenues flattened, and
expenses rose as COVID metrics continued to climb and some states moved to
retighten social distancing guidelines.
- As of Oct. 31, the number of daily U.S. COVID cases
reached a high of more than 90,500 and related
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HealthStream Acquires Change Healthcare’s Staff Scheduling Business for $67.M
What You Should Know:
- HealthStream acquires Change Healthcare’s staff
scheduling business for $67.5M in cash which includes the ANSOS™ Staff
Scheduling (“ANSOS”) platform and related products.
- The acquisition will help establish HealthStream as a
market leader in healthcare workforce scheduling business.
HealthStream, a
leading provider of workforce and provider solutions for the healthcare
industry has entered into a definitive agreement to acquire
Change Healthcare’s
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NLP is Raising the Bar on Accurate Detection of Adverse Drug Events
Each year, Adverse Drug Events (ADE) account for nearly 700,000 emergency department visits and 100,000 hospitalizations in the US alone. Nearly 5 percent of hospitalized patients experience an ADE, making them one of the most common types of inpatient errors. What’s more, many of these instances are hard to discover because they are never reported. In fact, the median under-reporting rate in one meta-analysis of 37 studies was 94 percent. This is especially problematic given the negative
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Recent Executive Hires: CVS Health New President, Cleveland Clinic/Amwell Joint Venture Leadership, Others
CVS Health Corporation names Neela Montgomery Executive Vice President and President of CVS Pharmacy/Retail, effective November 30, 2020. Montgomery will oversee the company's 10,000 pharmacies across the United States. Montgomery, currently a Board Partner at venture capital firm Greycroft, most recently served as chief executive officer of furniture retailer Crate & Barrel and has nearly 20 years of global retail experience.
The Cleveland Clinic and Amwell joint venture appoint
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M&A: CompuGroup Medical Acquires eMDs for $240M
What You Should Know:
- CompuGroup Medical (CGM) acquires eMDs, Inc. (eMDs), a
leading provider of healthcare IT with a focus on doctors' practices in the US,
reaching an attractive size in the biggest healthcare market worldwide.
- CGM is building an attractive platform for future
growth through complementary product portfolios and the ability to provide
comprehensive solutions for doctors' practices.
CompuGroup
Holding USA, Inc., a 100 % subsidiary of CompuGroup Medical SE
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Philips Unveils Vendor-Neutral Radiology Operations Command Center, Automated Radiology Workflow Suite
What You Should Know:
- Philips unveils a new multimodality virtual imaging command center that enables real-time, remote collaboration to broaden expertise between technologists, radiologists, and imaging operations teams across multiple sites via private, secure telepresence capabilities.
- In addition, Philips debuts
AI-enabled, automated Radiology Workflow Suite at RSNA 2020 to
advance precision diagnosis into clear care pathways and predictable outcomes.
Philips today
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