- Medsphere raises $40M in preferred equity investment to fund the expansion of efficient, flexible, subscription-based software solutions. - Medsphere has grown subscription revenue by over 400% using a combination of organic growth and accretive acquisitions, achieving a compounded annual growth rate of over 50%. Medsphere Systems Corporation, the leading provider of efficient and interoperable healthcare information technology (IT) software solutions, and services, today announced new $40
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Behavioral Health | News, Analysis, Insights - HIT Consultant
Led by Cigna Ventures, Arcadia Raises $29.5M to Expand Population Health Management Platform
- Arcadia, a Boston-based population health management company announces that it has received $29.5 million in Series D funding, led by Cigna Ventures. - Arcadia’s population health management technology platform Arcadia Analytics was purpose-built to support economic success under value-based care. Population health management technology company Arcadia today announced at the 38th Annual J.P. Morgan Healthcare Conference has closed a fully-subscribed growth equity investment of $29.5M led by
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3 AI Trends for 2020: Moving Beyond Dazzle to High-Impact Collaboration
From the first artificial skin to driverless cars that navigate busy streets with ease, 2019 brought a dazzling array of artificial intelligence (AI) discovery. In 2020, the progress made toward AI-fueled collaboration will be as critical as AI innovation—especially in healthcare.
We’ve reached a point where AI has proven its utility. In radiology, for example, AI is well-oriented to interpret diagnostic imaging studies, with FDA approval given to AI algorithms that diagnose a collapsed lung or
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Executive Insights: Top Healthcare Predictions & Trends to Watch in 2020
As we close out the year, we asked several healthcare industry executives to share their predictions and trends for 2020.
Robbie Hughes, Founder, and CEO, Lumeon
“Following the announcement of the Trump administration's price transparency requirement – and the ensuing backlash from hospital groups – the issue of price transparency will dominate the healthcare industry next year. Regardless of the outcome of the lawsuit, I expect we'll see more attention around the importance of the
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Top 60 Health IT/Digital Health Mergers & Acquisitions in 2019
- From Google's acquisition of Fitbit to Philips acquisition of Carestream Health's health IT business, here is a look at some of the biggest health IT/digital health mergers & acquisitions in 2019 by each quarter.
Q1 M&A Activity
Johnson & Johnson Acquires Auris Health for $3.4B to Expand Digital Surgery Portfolio
Johnson & Johnson acquiresAuris Health, a developer of robotic technologies for $3.4 billion in cash. Auris Health is a privately-held developer of
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Time’s Running Out: Why Providers Must Adopt Telehealth in 2020
Sometimes life just gets in the way. Work schedules, family obligations, and unforeseen circumstances can make going to the doctor an inconvenience rather than a helpful necessity. It’s not uncommon for patients to forget or intentionally skip appointments, cancel unexpectedly, or even put off scheduling necessary follow-up visits.
But patients don’t have to neglect their healthcare just because of a hectic work schedule or a last-minute meeting. Telehealth is emerging as a convenient
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InSight Telepsychiatry. Regroup Telehealth Merge to Become Largest Telepsychiatry Provider in Nation
- InSight Telepsychiatry and Regroup Telehealth announces a merger to become the largest and most comprehensive telepsychiatry service provider in the United States. - The merger will leverage both companies' collective partnerships, expertise, leadership, network of providers and resources to better deliver access to care for those who need it most. Telepsychiatry companies InSight Telepsychiatry and Regroup Telehealth, today announced a merger agreement to become the largest and most
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How Telehealth Technology Can Support Telepsychiatry and Telehealth-Supported Mental Health Practices
Primary care practices—supported by telepsychiatry and telehealth resources—are best positioned to improve access to mental healthcare, resulting in earlier intervention and improved mental health outcomes.
Over the past few years, we’ve seen encouraging improvements in the diagnosis and treatment of mental health conditions in the United States. Notably, recent government acts have improved access to mental health services for many Americans. Despite this, however, significant issues remain
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Quartet Health, Cambia Health Solutions Partner to Bring AI-Enabled Platform to Cambia’s Members
- Quartet is partnering with Cambia Health Solutions to bring its AI-enabled platform to Cambia's members so they can get better access to mental healthcare.- Additionally, Echo Health Ventures, a strategic collaboration of Cambia and Mosaic Health Solutions made an investment in Quartet.Today Quartet, a healthcare technology and services company, announced a new partnership with Cambia Health Solutions to help improve the lives of people with mental health conditions. Cambia’s regional health
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Commonwealth Healthcare Corporation to Upgrade to Medsphere’s CareVue EHR
- Commonwealth Healthcare Corporation (CHCC) will implement Medsphere’s CareVue electronic health record (EHR) and revenue cycle management (RCM) platform. - Based on Saipan, the capital of the Commonwealth of the Northern Mariana Islands, CHCC is the primary organizer of acute and ambulatory healthcare services for the islands of Rota, Saipan, and Tinian.Commonwealth Healthcare Corporation (CHCC) will implement the Medsphere’s CareVue electronic health record (EHR) and revenue cycle management
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