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Why Health Plans Are Vital to Health Equity

by Rachael Jones, SVP of Performance Analytics and Quality at Cotiviti 06/28/2022 Leave a Comment

Why Health Plans Are Vital to Health Equity

In Florida, where Black residents are three times more likely to be hospitalized or die from asthma-related complications than white residents, one researcher’s efforts to “strip away the jargon” related to asthma treatment strengthened patients’ engagement in a year-long clinical trial. The impact: development of an asthma regimen to help combat disparities in asthma management and outcomes. The results are one example of the gains that can be made in addressing health inequities—differences
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Siemens Acquires Brightly for $1.57B to Enhance Built Infrastructure

by Fred Pennic 06/27/2022 Leave a Comment

Siemens Acquires Brightly for $1.57B to Enhance Built Infrastructure

What You Should Know: - Siemens has acquired Brightly, an asset management software company used by many schools, governments, hospitals and manufacturers around the world for a purchase price of $1.575B. - The acquisition will add Brightly’s well-established cloud-based capabilities across key sectors – education, public infrastructure, healthcare, and manufacturing – to Siemens’ digital and software know-how in buildings. Brightly Software Background Brightly Software is a leader
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Analysis: Is Oracle Cerner Planning to Build A National EHR?

by Alex Green, Director at Signify Research 06/24/2022 Leave a Comment

Analysis: Oracle Cerner’s Plans for a National EHR

Earlier this month Oracle closed its $28.3B acquisition of Cerner and shortly after Oracle founder and CTO, Larry Ellison, outlined Oracle’s vision for Healthcare IT post-acquisition. The key elements of this vision included:   - Developing a solution for a national EHR database.  - Leveraging this solution, and similar smaller-scale connected EHR initiatives, to provide life science, pharma and other users with a rich environment for research, clinical trials and drug
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TDS Acquires PrescribeWellness from Tabula Rasa HealthCare in $140M Deal

by Healthcare M&A Activity 06/24/2022 Leave a Comment

TDS Acquires PrescribeWellness from Tabula Rasa HealthCare in $140M Deal

What You Should Know: - Transaction Data Systems (TDS), the leader in pharmacy software solutions has acquired PrescribeWellness from Tabula Rasa HealthCare in a deal worth up to $140M. - Further, TDS’s plans to accelerate product innovation will create solutions to further optimize pharmacy workflows, support real-time clinical interventions and expand patient engagement opportunities to clients. Acquisition Benefits for TDS TDS connects community pharmacies through its
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Walgreens Launches New Clinical Trial Business to Address Access & Diversity

by Fred Pennic 06/16/2022 Leave a Comment

The Walgreens-VA Partnership Demonstrates the Benefits of EHRs

What You Should Know: - Walgreens today announced the launch of its clinical trial business to redefine the patient experience and increase access and retention in sponsor-led drug development research. - Walgreens flexible clinical trial model combines the company’s vast foundation of patient insights, partner-enabled health and technology capabilities and in-person and virtual care options to break through barriers to engaging broader and more diverse communities. Patient Recruitment
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ResMed Acquires MEDIFOX DAN for $1B, Expands Healthcare SaaS Business

by Fred Pennic 06/14/2022 Leave a Comment

ResMed Acquires MEDIFOX DAN for $1B, Expands Healthcare SaaS Business

What You Should Know: - ResMed acquires MEDIFOX DAN, a German leader in software solutions for home health, nursing home, and outpatient therapy providers, for $1 billion. This acquisition marks ResMed’s largest SaaS acquisition to date and expands its SaaS business outside of the U.S. for the first time.    - As part of the acquisition, MEDIFOX DAN will integrate into ResMed’s SaaS business, allowing ResMed to serve new settings: outpatient therapy services, and youth
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Capital Rx Raises $106M to End Drug Price Distortion

by Fred Pennic 06/13/2022 Leave a Comment

Capital Rx Raises $106M to End Drug Price Distortion

What You Should Know: - Capital Rx, a health technology company changing the way prescription drugs are priced and patients are serviced raises $106M in a Series C round to end drug price distortion. The Series C round was led by B Capital with participation from General Catalyst and existing investors, Transformation Capital and Edison Partners, bringing the total amount raised to $175M.  - Capital Rx will continue to invest in the technology backbone for claims processing and benefit
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Aledade Raises $123M to Expand Value-Based Primary Care

by Jasmine Pennic 06/06/2022 Leave a Comment

Aledade Raises $64M for Value-Based Care Network of Physician-Led ACOs

What You Should Know: - Aledade, a Bethesda, MD-based provider of value-based primary care raises $123M in Series E funding to support investments in value-based care for more seniors covered by Medicare Advantage (MA) and innovation that improves patient care and increases medical cost savings, including expanded offerings through its new health services subsidiary, Aledade Care Solutions (ACS). Returning investor OMERS Growth Equity led the round, which also included Fidelity Management
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Lightbeam Health Acquires Jvion AI and SDOH Solutions – M&A

by Fred Pennic 05/31/2022 Leave a Comment

Jvion Brings AI-Powered Clinical Insights to NTT DATA's Nucleus for Healthcare Platform

What You Should Know: – Lightbeam Health Solutions, Inc., a provider of population health management solutions and services has entered into an asset purchase agreement to acquire the operating assets related to Jvion, Inc., including Jvion’s market-leading AI-enabled prescriptive analytics and social determinants of health (SDoH) solutions.  -The strategic partnership combines Lightbeam’s health analytics and outcomes for payers and providers with the Jvion’s predictive technology.
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AWS Launches New Healthcare Accelerator Focused on Health Equity

by Jasmine Pennic 05/24/2022 Leave a Comment

AWS Launches New Healthcare Accelerator Focused on Health Equity

What You Should Know: - Amazon Web Services (AWS) today announced the launch of the next AWS Healthcare Accelerator—this year with a new focus on health equity. The Accelerator is open to startups with US operations and applications open today. - This is part of AWS’s efforts to help organizations use the power of the cloud to help tackle the health equity gap – other efforts include the $40 million AWS Health Equity Initiative, which AWS also provided an
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