- 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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Fueling EHR Innovation by Outsourcing e-Prescribing Development
G. Cameron Deemer, President of DrFirst
Health IT software – and EHRs in particular – are widely criticized for their inefficient workflows and unfriendly user interfaces. Unhappy end-users may blame EHR vendors for failing to deliver great software, perhaps not realizing that health IT companies struggle to balance limited financial and human resources and must choose between meeting ever-changing regulatory demands and creating innovative updates that improve the user experience.
Consider
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DAS Health Acquires Health IT Company Automated Medical Systems
- DAS Health acquires health IT company Automated Medical Systems to strengthen its position in the U.S. health IT market. - The acquisition enhances its product offerings, including adding Henry Schein’s MicroMD® to their Electronic Health Records (EHR) portfolio.DAS Health, a Tampa, FL-based provider of health IT and management solutions announced the acquisition of Automated Medical Systems, a healthcare IT company based in Valdosta, GA, with clients in Florida, Georgia, Tennessee, Texas and
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Kaiser Associates’ Healthcare Practice Is Now Kx Advisors
Bob Serrano, Senior Vice President and Dan O' Neil, Senior Vice President of Kx Advisors
- Kaiser Associates launches healthcare strategy consultancy Kx Advisors to help clients reach their critical growth goals.
Kaiser Associates announce the launch of Kx Advisors, a healthcare strategy consultancy dedicated to helping achieve critical business growth goals in partnership with its clients in Pharma, Biotech, Medical Device, and Health IT. The new consultancy is already operating under the Kx
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Twistle Raises $16M to Expand Patient Engagement Platform
- Seattle-based health IT innovator Twistle raises $16M in Series A funding from two major healthcare investors: Health Enterprise Partners (HEP) and MemorialCare Innovation Fund (MCIF). - The funding investors are healthcare-centric: MCIF is a strategic healthcare investment fund wholly-owned by a healthcare system and HEP is a private equity firm that invests exclusively in healthcare services and IT companies.- The funding will accelerate the delivery of personalized care guidance through
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HIT Governance: 7 Key Metrics For Your Quarterly Report Card
Gerry Blass is President and CEO of ComplyAssistant
Healthcare organizations use data to support decision-making for nearly every area of operations. But what about your security and compliance strategy? What metrics are the most valuable to determine how your organization should allocate funding for health IT projects related to governance, risk, and compliance?
Top Seven Metrics to Gather For A Quarterly Report Card
With an ocean of data at your fingertips, it’s best to determine the metrics
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How Health IT Helped Baptist Health During Hurricane Dorian
Stacey Johnston, MD, VP & Chief Medical Information Officer, Baptist Health
Preparing a hospital to ride out a natural disaster is fairly straightforward when the danger is imminent. You hunker down, secure the facility, and transfer any higher-risk patients to a safer location.
But what happens if there is only a possibility that disaster might strike? That was the dilemma facing us at Baptist Health, our multi-facility health system in Jacksonville, Fla., as Hurricane Dorian
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Cerner Acquires Strategic Health IT Consulting & Engineering Firm AbleVets
- Cerner announced it will acquire strategic health IT consulting and engineering firm AbleVets as a wholly-owned subsidiary. - The acquisition will help Cerner expand its scale and expertise in implementing health IT modernization solutions in the federal market.Today, Cerner Corporation announced a definitive agreement to acquire AbleVets—a strategic health IT consulting and engineering firm—as a wholly-owned subsidiary. Through its work with civil and defense health agencies, AbleVets
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Top Global Digital Health/Health IT VC Funding Categories in Q3 2019
Global venture capital (VC) funding in digital health/health IT, including private equity and corporate venture capital, reached $2B in funding across 156 deals in Q3 2019, according to market research firm Mercom Capital Group. The 9M & Q3 2019 Digital Health (Healthcare IT) Funding and M&A Report reveals global venture capital reached $7.2B over 474 deals in the first nine months of 2019 compared to $8B in 556 deals in 9M 2018. In Q3 2019, Digital Health companies raised $2B in 156
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The Health IT Staffing Shortage Is a Problem Morphing Into a Crisis
Staffing shortages have plagued the healthcare industry for years, and this year hospital IT departments are feeling more pain than ever. The shortfall in physicians and nurses understandably gets the most press attention, but two phenomenons are pushing scarcity of specialized IT workers into the stratosphere: computer and IT jobs across all industries are projected to grow 12% from 2018 to 2028, and healthcare is projected to add 3.5 million jobs during the period, about one-third of all new
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