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Amalgam Rx Acquires Geetha’s Conversational AI Assets to Drive AI-Based Behavioral and Clinical Interventions

by Fred Pennic 05/21/2021 Leave a Comment

Amalgam Rx Acquires Geetha’s Conversational AI Assets to Drive AI-Based Behavioral and Clinical Interventions

What You Should Know: - Amalgam Rx, Inc., the leader in connecting healthcare providers and life sciences companies through a SaaS-enabled digital marketplace and product platform has acquired the assets of Geetha, LLC, an adaptive, conversational AI company. Financial details of the acquisition were not disclosed. - The acquisition bolsters Amalgam’s data science assets, which already include more than 6 billion longitudinal data points on millions of patients cared for across Amalgam’s
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AMN Healthcare Acquires Virtual Care Platform Synzi for $42.5M in Cash

by Fred Pennic 05/21/2021 Leave a Comment

AMN Healthcare Acquires Virtual Care Platform for $42.5M in Cash

What You Should Know: - AMN Healthcare announced it has finalized the acquisition of Synzi, a full-service virtual care management company, for $42.5 million in cash. - Synzi provides virtual care and remote patient monitoring platforms in the home health and outpatient markets. These solutions enable organizations to conduct virtual visits and use secure messaging, text, and email for clinician-to-patient and clinician-to-clinician communications. - Revenue in the second quarter of
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Banner Health Launches Digital Health Program with Xealth & Babyscripts

by Jasmine Pennic 05/20/2021 Leave a Comment

Banner Health to Implement Cerner Revenue Cycle Management Across Enterprise

What You Should Know:  -  Banner Health announced the launch of its digital health program with Xealth to enable digital health at scale. Banner Health is making it simpler for medical providers to order digital health solutions directly from its Cerner EHR, helping to strengthen its connection with patients across its 30 acute-care hospitals and other entities. The launch will begin
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CVS Health Launches Clinical Trial Services Business for Investigational COVID-19 Vaccines & Treatments

by Fred Pennic 05/20/2021 Leave a Comment

CVS Health Launches Clinical Trial Services Business for Investigational COVID-19 Vaccines & Treatments

What You Should Know:  - Today, CVS Health announced the launch of a new Clinical Trial Services business, driving greater access to clinical trials across the communities CVS Health serves and creating a more efficient, convenient experience to improve participant retention and research effectiveness. - CVS Health collaborated with the pharmaceutical industry to help facilitate clinical trials for investigational COVID-19 vaccines and treatments. Using a specially designed
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Ro Acquires Modern Fertility to Integrate With Primary Care Platform

by Jasmine Pennic 05/19/2021 Leave a Comment

Ro Acquires Modern Fertility to Integrate With Primary Care Platform

What You Should Know: - Ro, today announced the acquisition of Modern Fertility, one of the fastest growing companies in women’s health. - This acquisition, one of the largest deals in women's health tech yet, will accelerate Ro's position as a leader in women's health and bring Modern Fertility’s fertility tests and reproductive health tools to our vertically integrated primary care platform. - Like Ro's patient-centric approach, Modern Fertility makes fertility more proactive,
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DarioHealth Acquires Digital Behavioral Health Platform wayForward for $30M

by Fred Pennic 05/18/2021 Leave a Comment

DarioHealth Acquires Digital Behavioral Health Platform wayForward for $30M

What You Should Know: - DarioHealth Corp., a pioneer in the global digital therapeutics market, today announced it has entered into an agreement to acquire PsyInnovations, Inc. (dba wayForward), a behavioral health digital platform that includes AI-enabled screening to triage and navigate members to specific interventions, digital Cognitive Behavioral Therapy (CBT), self-directed care, expert coaching and access to in-person and telehealth provider visits.  - The wayForward platform
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Cedar Acquires OODA Health for $425M to Power Healthcare Financial Tech Platform

by Fred Pennic 05/13/2021 Leave a Comment

Cedar Acquires OODA Health for $425M to Transform Healthare Financial Experience

What You Should Know: - Cedar, a healthcare financial technology platform, today announced it has entered into a definitive agreement to acquire OODA Health, a healthcare technology company focused on improving the healthcare administrative experience with payers and providers, for $425M. - By bringing together providers and payers onto one healthcare financial technology platform, Cedar will be the only complete solution to address the full set of challenges consumers face when paying for
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R1 Acquires Patient Financial Engagement Platform VisitPay for $300M

by Fred Pennic 05/04/2021 Leave a Comment

R1 Acquires Patient Financial Engagement Platform VisitPay for $300M

What You Should Know: - Today R1 announced they will acquire patient financial engagement company VisitPay for $300 million in cash, leading the charge in overhauling the patient experience in the area with the most pain points - from surprise billing to price transparency. The acquisition marks R1’s third acquisition in the last year, transitioning the organization from a revenue cycle management services leader to a leading technology company. - VisitPay’s cloud-based platform is used by
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Halma Acquires AI-Powered Perinatal Platform PeriGen for $58M

by Fred Pennic 04/30/2021 Leave a Comment

Halma Acquires AI-Powered Perinatal Platform PeriGen for $58M

- Halma, a UK global group of life-saving technology companies that provide innovative solutions to key problems facing the world today has acquired PeriGen, a leader in artificial intelligence that improves safety during childbirth for $58M in cash. - The acquisition provides access to a supportive network and additional resources so that PeriGen can expand its perinatal safety technology throughout the U.S. and
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CareCloud to Pay $3.8M to Settle Whistleblower Case Alleging Kickbacks

by Jasmine Pennic 04/30/2021 Leave a Comment

CareCloud

What You Should Know: - Miami-based EHR company CareCloud has agreed to pay $3.8 million to the federal government to settle a “qui tam” lawsuit filed on behalf of a whistleblower by Phillips & Cohen LLP that alleged CareCloud paid kickbacks to healthcare providers to boost sales of its EHR products. - The “relator” (whistleblower) in the qui tam lawsuit, Ada de la Vega, was a senior manager at CareCloud who has since left the company and was awarded de la Vega approximately 21% of the
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