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Connecticut Abandons $20M Health Information Exchange They Built In-House

by Syed Hamza Sohail 08/18/2022 Leave a Comment

Connecticut Abandons $20M Health Information Exchange They Built In-House

What You Should Know: - In 2017, the University of Connecticut created a new unit called UConn Analytics and Information Management Solutions—UConn AIMS for short—to do the work of planning its health information network. - Today, UConn AIMS is out of business, 20 people are out of jobs and the system developed for Connie at the cost of about $20 million has been discarded and dismantled. An Abandoned Health Information Network Worth $20M The effort to create a Connecticut health
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Intelerad Acquires PenRad Technologies

by Fred Pennic 08/16/2022 Leave a Comment

Intelerad Acquires PenRad Technologies

What You Should Know: - Today, Intelerad, a leading global provider of enterprise medical imaging solutions, announced its acquisition of PenRad, a software provider for enhancing productivity for breast imaging and lung screening. - The acquisition expands Intelerad’s product offerings for mammography and lung analytics, ensuring radiologists, technologists and other healthcare professionals can drive greater productivity and meet higher oncology screening demand, while improving patient
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Cybercriminals Use Bots to Steal Active Pharmacy Accounts and Resell Prescriptions

by Syed Hamza Sohail 08/10/2022 Leave a Comment

Cybercriminals Use Bots to Steal Active Pharmacy Accounts and Resell Prescriptions

What You Should Know: - Cybercriminals are leveraging illegal bots to steal pharmacy accounts and resell prescriptions on a secondary market for in-demand substances, like Oxycodone, according to recent research from Kasada’s threat intelligence team. has recently shared research by its threat intelligence team about a new, illegal use of bots -. - Researchers have also identified an acceleration in this activity: over the past 60 days, the number of stolen pharmacy accounts available
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Availity to Acquire Diameter Health to Expand Clinical Data Interoperability

by Fred Pennic 08/09/2022 Leave a Comment

Availity to Acquire Diameter Health to Expand Clinical Data Interoperability

What You Should Know: - One of the nation’s largest real-time health information networks Availity announced an agreement to acquire Diameter Health, a national leader in clinical data quality and interoperability. - This strategic deal expands Availity’s clinical portfolio to deliver the strongest integrated clinical and claims data network and interoperability platforms in healthcare.  Streamlining Clinical Data Interoperability Founded in 2013, Diameter
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CVS Health in Talks to Acquire Signify Health

by Syed Hamza Sohail 08/08/2022 Leave a Comment

Signify Health Shares Soar More Than 33% in IPO, Valuing Company at Over $7.12B

What You Should Know: - Signify Health is exploring strategic alternatives including a sale, according to a Wall Street Journal report. Initial bids are due this coming week. Additional companies are also in acquisition discussions with Signfiy Health, and CVS could face competition from other managed-care providers and private-equity firms. - The potential Signify acquisition has a market value of around $4.7 B after its shares rose on the news of a potential sale. Leveraging
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Analysis: 2022 Semi-Annual Health IT Market Review

by Healthcare Growth Partners 07/29/2022 Leave a Comment

HGP Releases its July 2022 Semi-Annual Health IT Market Review

Executive Summary Act III of COVID: Navigating the Crosscurrents of Post-Inflation 2022 ushered in Act III of the market’s latest transitionary period: The Post-Inflation Era. Since 2008, the US economy functioned with remarkably low inflation and interest rates. As the cost of capital went lower and lower during the decade, valuations steadily rose. Between 2010 and 2020, the NASDAQ experienced a 17.1% annual growth rate, with no small share of the growth a result of expanding valuation
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Report: How Apple Is Advancing Digital Healthcare Transformation

by Syed Hamza Sohail 07/26/2022 Leave a Comment

Apple Releases Report on Its Approach to Advance Digital Health Transformation

What You Should Know: - Apple has shared a new report that offers a snapshot of the ways Apple products are empowering people to be at the centre of their health, and acting as an intelligent guardian for their health and safety. - The report covers Apple’s two-pronged approach to advance health: Apple’s focus on personal health and fitness features on Apple Watch and iPhone, and Apple’s work with the medical community to support research and care. Empowering Users on Their Personal
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Amazon to Acquire One Medical for $3.9B

by Fred Pennic 07/21/2022 Leave a Comment

Amazon to Acquire One Medical for $3.9B

What You Should Know: Today Amazon and One Medical announced that they have entered into a definitive merger agreement under which Amazon will acquire One Medical. Under terms of the agreement, Amazon will acquire One Medical for $18 per share in an all-cash transaction valued at approximately $3.9 billion, including One Medical’s net debt. One Medical Background One Medical is a human-centered, technology-powered U.S. primary care organization
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Executive Roundtable: Can Innovation Alleviate Clinician Burnout?

by Fred Pennic 07/18/2022 Leave a Comment

Physician Burnout Report: Understanding The Impact of Burnout on Healthcare Executives

The U.S. Surgeon General’s recent advisory about clinician burnout cited numerous societal, cultural, structural, and organizational causes—including excessive workloads, administrative burden, and lack of organizational support. The potential fallout of this trajectory is alarming: The advisory cites the Association of American Medical Colleges’ estimate on clinician demand outpacing supply, with an anticipated shortage of between
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5 Public Health Challenges to Watch in the Post-Pandemic Era

by Syed Hamza Sohail 07/11/2022 Leave a Comment

COVID-19 Vaccine Cyber Attacks

What You Should Know: - Public health agencies across the US are at a crossroads, finds the Reimagining Public Health Survey produced by Ernst & Young LLP (EY US). - This survey of 301 public health officials found that while slightly more than one in two (52%) are optimistic about what data can achieve for their communities, the rate of digital transformation remains uneven, and organizations face significant barriers to change. Key Public Health Obstacles Post Covid-19 Public
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'Cranky Index' Reveals EHR Alert Frustration Peaks Midweek, Highest Among Admin Staff

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