- Healthcare Growth Partners (HGP) summary of Health IT/digital health merger & acquisition (M&A) activity, and public company performance during the month of October 2019
During the month of October, Health IT continued its evolution into an amorphous market that is increasingly trending away from a specialized niche of healthcare and into a key component of larger sectors such as Enterprise Software, HR Administration, Insurance, Care Delivery, Suppliers, and BioPharma.
The
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Health and Human Services
Papa Raises $10M to Expand “Grandkids on Demand” Platform to Address Social Isolation in Seniors
- Papa raises $10M in Series A funding to expand “grandkids on-demand” platform to help reduce social isolation in seniors. - Adds partnerships with multiple large health insurance plans, including Humana, Aetna, Priority Health and Alignment Healthcare. - Papa will use the funding to expand its services to a broader population of older adults, via partnerships with additional insurance plans and employee benefits provider.Papa, a digital health company that provides “grandkids on demand” to
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Mon Ami Lands $3.4M to Tackle Social Isolation in Aging with Companions
- Mon Ami raises $3.4M in seed funding led by Freestyle Ventures and Cowboy Ventures to tackle social isolation in aging.
- By pairing older adults with college students for social visits, Mon Ami's marketplace focuses on life enrichment, not just life extension and fills a much-needed gap in the home care service industry.
Mon Ami, a Palo Alto, CA-based digital health company tackling social isolation in aging, today announced the closing of its $3.4M seed financing led by Freestyle
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PE Firm Warburg Pincus Acquires CareLogic Behavioral Health EHR Platform
- Private equity firm Warburg Pincus has acquired CareLogic behavioral health platform to accelerate product development and expand sales and marketing efforts.
- Qualifacts' CareLogic Enterprise Software is a comprehensive Electronic Health Record (EHR) designed for behavioral health, mental health, & human services.
- The partnership will also help the company identify strategic relationships and acquisition opportunities.
Warburg Pincus,
a healthcare technology
private
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North Carolina Taps Phreesia for Social Determinants of Health Screening
- The North Caroline Department of Health and Human Services (NC DHHS) partners with Phresia on its Healthy Opportunities imitative to help address the factors that drive health among patients statewide.
- Healthcare organizations will now use Phresia’s platform to deliver North Carolina’s Social Determinants of Health screening questions to identify patients who have unmet social needs impacting their healthcare.
North Carolina Department of Health and Human Services (NC DHHS) has
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HHS Announces 2 Leap in Health IT Awardees Focused on Interoperability
- HHS announces San Diego Regional Health Information Exchange and The University of Texas at Austin (UT Austin) as awardees of the LEAP in Health IT funding opportunity. - Awardees projects will focus on advancing health IT interoperability to improve healthcare for patients nationwide.The U.S. Department of Health and Human Services’ (HHS) Office of the National Coordinator for Health Information Technology (ONC) today announced two awards under the Leading Edge Acceleration Projects in Health
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5 Opportunities to Increase Electronic Exchange of Medical Documentation
Today, 84 percent of “attachments” sharing medical information between providers and health plans are exchanged through mail or fax, resulting in administrative inefficiency and delays in patient care, according to a new white paper released by CAQH CORE. The white paper, “CAQH CORE Report on Attachments: A Bridge to a Fully Automated Future to Share Medical Documentation“ highlights challenges associated with the exchange of medical information and supplemental documentation used for healthcare
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HHS Issues Public Comment for Interoperability Exchange Framework
The U.S. Department of Health and Human Services (HHS) today issued for public comment draft 2 of the Trusted Exchange Framework and Common Agreement (TEFCA) that will support the full, network-to-network exchange of health information nationally. HHS also released a notice of funding opportunity to engage a non-profit, industry-based organization that will advance nationwide interoperability.Public Comment DetailsSpecifically, the documents being released for comment are: (1) a second draft of
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CareCloud EHR Integrates With Google Cloud Healthcare API for FHIR
CareCloud, an EHR and practice management platform for high-growth medical groups, announced today that it is integrating its omnidirectional data transfer process with Google Cloud Healthcare API. The integration will enable payer data to be securely, rapidly and cost-effectively shared and used in real-time with existing payer and provider systems handling activities such as member eligibility verification, claims history and claims processing.Integration Creates FHIR Bridge in Google
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NTT DATA Services Acquires Cognosante’s Healthcare IT Consulting Division
NTT DATA Services, a provider of global technology services has acquired Cognosante Consulting, LLC, the consulting division of Cognosante, a provider in health information technology solutions and services for federal and state health agencies.Cognosante Consulting OverviewCognosante Consulting provides IT strategy, planning, quality assurance and project management for state health and human services (HHS) agencies undergoing large-scale Medicaid and related human services IT and business
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