What You Should Know:
- CVS Health announced it will acquire Signify Health for $30.50 per share in cash, representing a total transaction value of approximately $8B.
- Signify Health's clinicians and providers can have an even greater impact by engaging with CVS Health's unique collection of assets and connecting patients to care how and when they need it.
Advancing CVS Health’s Value-Based Care Long-Term Strategy
Signify Health is a provider of Health Risk Assessments, value-based
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Femtech – Changing Dynamics of Women’s Healthcare
Femtech a term coined by Danish entrepreneur Ida Tin in 2016 has become a revolutionary moment for women across the globe. Femtech as the term suggests focuses on using technology to solve health issues in females. Although women are the primary caregivers of families, they themselves are at the receiving end of not getting treated for the ailments they suffer. This is owing to multiple reasons that range from socio-economic conditions, lack of awareness regarding health issues and less or no
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DeliverHealth Exec Talks Combatting Physician Burnout with Automation Tech & Data
Provider burnout has shown no signs of slowing down in the past couple of years - a fact proven by a recent report found that 45% of physicians have been experiencing burnout over the past two years. As providers and healthcare organizations continue to face burnout, staffing shortages and financial pressures, they must find a way to reduce administrative burdens while allowing for more time spent on patient care with an ultimate end goal of reducing burnout.
We recently spoke with
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Health-Tech C2Q:22 Preview: 5 Key Driving Factors to Watch
What You Should Know:
- David Larsen, healthcare IT and digital health analyst at BTIG published a note highlighting his preview for health-tech Q2 earnings.
- Given high inflation rates, costs for traveling nurses, and light volumes in 2Q:22, he is cautious on stocks that sell into the acute care market in the near term.
An Overview
According to the report, there are many macro headwinds that continue to affect the HCIT sector and the broader market, including inflationary pricing
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Upfront Acquires Patient Engagement Platform PatientBond
What You Should Know:
- Upfront acquires PatientBond, a digital patient engagement platform creating a single enterprise technology solution to drive patient acquisition and loyalty.
- The acquisition accelerates Upfront's delivery of their next-generation personalization platform. Combined with Upfront's omnichannel communications capabilities, PatientBond's robust consumer insights build and expand loyal patient-provider relationships to influence positive behavioral changes, resulting
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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
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
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
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
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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