What You Should Know:
- The homecare market has surged as healthcare organizations have sought to maintain quality patient care throughout the pandemic and fulfill requirements for value-based reimbursement, according to the latest KLAS report. Organizations are looking to expand their homecare offerings; however, the pandemic has exacerbated staffing shortages and decreased bandwidth, making operations—let alone growth—difficult. To help organizations understand how peers are approaching the
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EMR
M&A: Carenet Health Acquires Stericycle Communication Solutions
What You Should Know:
- Carenet Health, a leading provider of 24/7 and on-demand patient engagement solutions, today announced it has acquired Stericycle Communication Solutions, an industry leader in patient engagement technology and solutions and a service of Stericycle, Inc. The companies’ combined capabilities create the industry’s most comprehensive patient experience platform.
- This acquisition emphasizes Carenet’s commitment to providing better healthcare for all, as the combined
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Wheel Acquires GoodRx Care Backend Tech for $19.5M
What You Should Know:
- Virtual care company Wheel acquires GoodRx Care’s backend virtual care technology, including its clinician-centric EMR, powerful clinical management tools, and flexible patient experience software for $19.5M in cash.
- As part of the acquisition, Wheel will integrate GoodRx Care’s underlying technology to expand its existing virtual care platform capabilities and GoodRx will continue to own the consumer-facing GoodRx Care website and mobile app. GoodRx will continue
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5 Factors to Consider When Developing a Health Data Platform
The conversation around whether a healthcare startup should build a data platform or buy one isn’t anything new. In fact, this has been a debate since cloud-based technologies rose to popularity—we’re just now seeing more startups enter the space and opt to build their platforms internally.
Startups choose to build their data platforms for several compelling reasons. For example, it could give them greater control over their data security and architecture or they feel they know their data
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ConcertAI CEO Talks COVID-19 & The De-Risking of Technology to Keep Trials Moving
Nothing like it had ever happened before – a global slowdown in new study starts and a massive decrease in trial accruals for open studies. The turn of events was a shock for sponsors and providers. Sudden disruptions on that scale rarely hit multiple players in an ecosystem at the same time. But that’s exactly what happened at the intersection of clinical care and clinical development during the pandemic. Researchers and clinicians were forced to change how they operated trials, and
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KLAS Report Reveals EMR Functionality & Value Top of Mind for Small Practices
What You Should Know:
- A new report by KLAS provides the latest view on how the major vendors in this market perform and which ones stand out in the areas that small practices (2–10 physicians) care about most.
- Small practices provide a significant amount of outpatient care in the US, and their needs differ from those of their larger counterparts. When it comes to EMR/PM technology, these practices expect up-to-date functionality, steady product performance, solid implementation and
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KLAS-Bain: Post-Pandemic Investment Priorities for Healthcare Providers
What You Should Know:
- Competition in the provider IT space shows no signs of abating: Early-stage capital, big tech, and scale EMR players continue crowding into more segments. This has significant implications for providers as they transition into a new disruptive period, for software players as they fine-tune go-to-market models for the current environment, and for private equity investors as they look to invest behind winning themes.
- A new report by KLAS Research and Bain &
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BioIntelliSense Acquires Patient Monitoring Company AlertWatch
What You Should Know:
- BioIntelliSense, Inc. acquires AlertWatch, an FDA-cleared, clinically proven patient monitoring solution. AlertWatch uniquely provides robust integration, data analysis and a patented intuitive display of contextual patient data for more efficient, actionable clinical decisions.
- As part of the recently announced strategic partnership with Medtronic, its Patient Monitoring business will distribute AlertWatch to hospitals throughout the U.S.
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Quality vs. Quantity: The Case for Clinician-Centric Technology
Care providers continue to face mounting pressures – from increasing staffing shortages to balancing patient needs across in-person and virtual settings and managing pent-up patient demand. Rather than navigating through fragmented digital solutions that feed care providers disparate data, more and more clinicians now rely on connected technology to access the care context, i.e. the right patient data translated into reliable actionable insights at the right point in their workflow.
To truly
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WELL Health Acquires EMR, Billing, Clinical Assets from CloudMD for $5.75M
What You Should Know:
- WELL Health is acquiring CloudMD's Cloud Practice entity which includes OSCAR1 based Juno EMR and ClinicAid billing Software applications as well as three primary care clinics located in the province of British Columbia.
- The combined entities serve more than 2,500 healthcare practitioners across Canada and represent WELL's entrance in the Alberta and Saskatchewan markets for its EMR and billing products.
Leveraging Technology to Empower Healthcare
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