Azalea Health, an Atlanta-based provider of EHRs, practice management, and revenue cycle management solution has raised $10.5 million in funding. The Series B round was led by Kayne Partners with participation from existing investor Intersouth Partners. Founded in 2008, Azalea fully integrates telehealth capabilities within its technology-enabled solutions platform, which includes integrated EHR, practice management, electronic prescribing, interoperability services, personal health records,
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Health IT | News, Analysis, Insights - HIT Consultant
TELUS Health Acquires Nightingale’s Canadian EMR Assets for $14M
TELUS Health has entered an agreement to acquire Nightingale Informatix Corp's Canadian EMR software solutions and related assets for $14M. The acquisition will help expand the company's EMR customer base in Ontario and Atlantic Canada where Nightingale's EMR solution currently supports 4,000 physicians. “Telus Health is Canada’s most established provider of health information technology solutions,” said Nightingale CEO Sam Chebib in the press announcement. “We share their vision for
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Mercom: Healthcare IT Funding Soars $1.6B in Q2 2016
Healthcare IT funding reached $1.6B in 140 deals in the second quarter of 2016, representing a 33% increase compared to the $1.4B raised during the same period in 2015, according to a new report from Mercom Capital Group. Mercom’s comprehensive report covers healthcare IT and digital health deals of all sizes across the globe.So far in the first half of 2016, close to $3 billion has been raised in 286 deals, a 50 percent increase compared to nearly $2 billion raised during the same period in
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drchrono Launches EHR, PM Platform for AHIMA Faculty, Students
EHR provider drchrono has partnered with American Health Information Management Association (AHIMA) to launched the ambulatory care platform for faculty and students. The partnership will equip students going through AHIMA’s Virtual Lab (VLab) curriculum with an EHR and practice management platform. This first-of-its-kind initial rollout between drchrono and AHIMA will be offered to approximately 10,000 students and 450 universities across the United States and around the world. Students will
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GE Healthcare, ThoughtWire Partner to Help Hospitals Implement Digital Health Tools
GE Healthcare Partners, the global management consulting arm of GE Healthcare, and ThoughtWire, a Toronto-based software company have teamed up on a five-year digital health collaboration agreement. The goal of the collaboration is to help hospitals and health systems implement new digital health tools designed to improve productivity, quality of care and the overall patient experience. With both companies being experts in building healthcare apps for smarter healthcare, together they
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Senate REBOOT Members Introduces Legislation to Improve Meaningful Use
On Thursday, Senate REBOOT members introduced the EHR Regulatory Relief Act (S. 3173), legislation that would provide regulatory flexibility and hardship relief to providers and hospitals operating under the meaningful use program. EHR Regulatory Relief Act Legislation OverviewRegulatory flexibility is necessary to help hospitals and medical providers focus on transitioning into the new, patient-focused payment policies created by Congress by the Medicare Access and CHIP Reauthorization Act of
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Loopback Analytics Unveils Geographic Dashboard to Help Hospitals Understand Post-Acute Care Providers
Loopback Analytics, a health care data integration and analytics company has unveiled its new Loopback Geographic Analysis Dashboard, an interactive analytics tool that allows hospitals to visually assess the quality of post-acute providers in their geographic region.The dashboard features simple ranking criteria, color-coded quality indicators and an interactive map allowing hospitals to see which skilled nursing and home health care providers in their local/regional networks and beyond deliver
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Medecision Launches Population Health Apps for Medicaid, Medicare Advantage
Medecision, a population health management company for risk-bearing healthcare organizations has unveiled Aerial™ for Medicaid and Medicare Advantage, a suite of modular clinical and financial apps focused on improving CMS Medicare and Medicaid population health. These essential tools deliver better patient outcomes, reduce care cost, and enable critical complex care management strategies by:- capturing quality measures;- assessing baseline data; and- efficiently complying with changing
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Evolent Health Acquires Valence Health for $145M: 6 Things to Know
Evolent Health and Valence Health have entered an agreement to acquire the majority of Valence Health's value-based administration, population health and advisory services business for $145M. The addition of Valence Health is expected to enhance Evolent's market-leading value-based care platform for providers. Here are 10 things to know about the acquisition: 1. Under terms of the agreement, Valence Health acquisition excludes its contracts serving state insurance cooperatives; the state
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Private Equity Firm To Acquire Imprivata for $544M
Lexington, MA-based healthcare IT security company Imprivata has agreed to be acquired by private-equity firm Thoma Bravo for $544M or $19.25 per Imprivata share in cash. Shares rose 32% to $19.14 pre-market. The company did not disclose when the acquisition is expected to close. “We’re tremendously excited about Thoma Bravo’s investment in our company and believe this transaction represents a great outcome for our current shareholders,” said Omar Hussain, President and CEO of Imprivata in the
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