Summary of Health IT/digital IPOs, merger & acquisition (M&A) activity, and public company performance during the month of July.
Digital Health IPOs in July
Source: Healthcare Growth Partners (HGP)
Breaking the digital health IPO drought, there were four initial public offerings (IPOs) during a five-week period from late June to late July, including Livongo, Health Catalyst, Phreesia, and Change Healthcare. The last health IT companies to reach IPO were iRhythym Technologies and
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Why Hospital M&A Activity Must Include Plans for EHR Data Integration
John Walton, Sr. Solution Architect, CPG
John Walton, a data expert who worked under Ross Perot, shares his insights on how organizations can successfully come together without coming undone.
Data—it’s the thread that promises to tie merging healthcare entities together, but more often than not, it can feel more like the primary source of its unraveling. So why are newly merged and acquired health organizations, particularly hospitals, feeling so threadbare?
Despite the belief that such a move
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Rhapsody and Corepoint Merge to Support Healthcare Interoperability Initiatives Including FHIR
Rhapsody, a Boston-based international leader in healthcare interoperability and data connectivity solutions, has announced an agreement to merge with Corepoint Health, a provider of enterprise healthcare interoperability software solutions, to develop a next generation interoperability platform and enhance data integration and connectivity for existing and future customers. The companies will continue to operate as two separate entities for the foreseeable future. Combined Entity Supports
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Children’s Mercy Kansas City Taps Innovaccer to Advance Pediatric Value-Based Care
Children’s Mercy Integrated Care Solutions (CMICS), one of the most advanced pediatric health networks in the country and a wholly owned subsidiary of Children’s Mercy Kansas City, partnered with Innovaccer to power its pediatric population health management initiatives for Children’s Mercy’s Pediatric Care Network and Children’s Health Network. CMICS manages nearly 200,000 value-based patients, which is approximately 34% of the pediatric population in the Kansas City area and includes over 60
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Datica, Sansoro Health Merge to Offer Self-Service Platform for Cloud-based Healthcare Apps
Sansoro Health, Inc. and Datica Health, LLC announced today they have merged, offering a self-service platform for securing cloud-based applications and integrating patient data from multiple sources. The combined company is solving these problems today for an impressive list of customers; including Johnson & Johnson, VigiLanz, Vineti, and more.Healthcare’s Rapid Migration to the CloudHealthcare is rapidly migrating to the cloud. Healthcare cloud spend will grow from $24 billion this year to
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Glooko Integrates Insulin Data with Companion Medical’s Smart Insulin Injection Pen
Glooko and Companion Medical have announced an integrated data partnership agreement that will enable insulin data from users of the InPen Smart Insulin Injection Pen to be integrated into the Glooko Enterprise diabetes data management system and Glooko Mobile App.
Impact of Integration
The announcement of this integration is significant because InPen is the first “smart” insulin pen to introduce its data integration and compatibility with the Glooko platform
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Why An Integrated Healthcare CRM Is Critical to Patient Engagement
Sawad Thotathil, MD MCE MHM and AVP, Persistent Systems
Customer Relationship Management (CRM) is the well-known backbone of commercial sales forces across the globe. But what many don’t realize is that CRM has a utility that extends far beyond relationship-building in a traditional business setting. CRM systems are now engaging more than customers. They’re engaging patients in a healthcare setting far more complex than any retail or B2B enterprise.
CRM applications are used to engage patients
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Austin Blockchain Collective Creates Healthcare Working Group to Address Healthcare Challenges
The Austin Blockchain Collective announced the Austin Blockchain Collective Healthcare Working Group with an initial membership including local blockchain innovators and Dell Medical School at The University of Texas at Austin. The working group’s mission is to help develop, explore and promote the applications of blockchain technology that has the potential to positively impact health and healthcare outcomes for patients, the broader Austin community and the nation.Launched in March 2018,
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Redox Integrates With OpiSafe to Provide Opioid Risk Reduction Services Nationwide
Redox, a health data integration platform, today announced an integration partnership with OpiSafe to expand the use of OpiSafe’s comprehensive pain medication management web and mobile platform to help thousands of providers across the country prescribe and treat pain more effectively while avoiding bad outcomes.Integration BenefitsThe opioid epidemic requires innovative approaches and the digital health industry is taking steps to make inroads against this crisis. As part of the partnership,
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Innovaccer, Launches InAPI to Aggregate Healthcare Data for Providers, Payers, and Vendors
Healthcare organizations are riding the wave of digital disruption with increased adoption of applications to power patient centric-care, communications, and collaboration with peer organizations in the network. With this objective, they are seeking to integrate crucial information across the care continuum and establish interoperability among complex and disparate data systems- including legacy systems.Existing Interoperability ChallengesThere are over 200 EHRs in the US healthcare space,
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