- Healthcare Growth Partners (HGP) releases its Semi-Annual Health IT Market Review report that summarizes M&A and private equity activity across health IT, digital health, etc.
- The report reveals health IT as a healthy sector going into 2020 and outlines key 2019 trends and 2020 indicators to watch in the market this year.
Healthcare Growth Partners, an investment bank and strategic advisory firm for health IT has announced the release of its annual Semi-Annual Health IT Market
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Health IT
Medsphere Raises $40M to Expand Suite of SaaS EHR & RCM Solutions
- 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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How Machine Learning Can Support Early Intervention for High-Risk Patients
U.S. healthcare costs have skyrocketed over the last decade and show no sign of slowing down. We currently spend $3.5 trillion a year on healthcare—about $11,000 per person, more than twice the average per-person spending in other developed countries. And healthcare costs are expected to nearly double to $6 trillion by 2027, further adding to the financial burden on patients, plans, and providers.
Healthcare organizations are exploring a wide range of options to help contain costs while ensuring
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AMIA President & CEO, Douglas B. Fridsma Steps Down
- Douglas B. Fridsma, MD, Ph.D., FACP, FACMI, FAMIA is stepping down as President and CEO of The American Medical Informatics Association (AMIA).
- Karen Greenwood, Executive Vice President, and Chief Operating Officer will serve as interim CEO while the Board of Directors begins the search for a replacement.
The American Medical Informatics Association (AMIA) has announced the departure of President and CEO Douglas B. Fridsma, MD, Ph.D., FACP, FACMI, FAMIA, effective January 1, 2020.
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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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4 Ways to Make Security Training A Priority in Your Healthcare Organization
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Healthcare finally made the shift–it went digital. Overdue, perhaps – and maybe less rapid than the transition by other industries – but nonetheless notable. The age of the Internet of Medical Things (IoMT) has dawned, and healthcare is riding the wave. You go, healthcare!
For healthcare organizations, the advent of IoMT means new technology tools like smart medical devices extending and streamlining care throughout the hospital. This gives clinicians more mobility and more efficiency
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Youth Suicide & Depression Crisis: Can Health IT Make A Positive Impact?
Perhaps it’s because we live in an age of competing epidemics and crises—opioids, impeachment, homelessness, insulin—that youth suicide trends don’t warrant a front-page headline every week.The numbing, knee-bending statistics say they should.Per the CDC, suicide rates among young people 10-24 years old rose 56 percent between 2007 and 2017. Suicide is now the second leading cause of death for that group after accidents like car crashes—paradoxical tragedies often caused by the excessive
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Can Digital Health Bridge The Low-Income Gap?
We’ve known for a few years that income correlates with health in a major way. From the length of life to stroke risk to self-reported health status, the more access, opportunity, and means of upward mobility a person has, the better their projected health outcomes.
Waves of organizations are stepping up to help put things on a better course. Accountable and managed care organizations like Upward Health are working with payers, providers, and local governments to bring doctors, nurses, and
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Bridge Connector Raises Additional $5M for No Code, Health Integration Platform
- Bridge Connector raises an additional $5M reaching a total of $25M in funding for its data-driven workflow automation to solve health IT interoperability challenges. - The additional financing will support Bridge Connector’s continued scalability and its upcoming launch of Destinations, a new “no-code” integration platform as a service (iPaaS) that connects health data systems without the need for code.- The company plans to close on Series B funding in the second quarter of 2020, further
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