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Healthcare Data Exchange, Integration, and Analytics

Welldoc, Redox Partner for Bidrectional EHR Integration with BlueStar App

by Fred Pennic 02/25/2020 Leave a Comment

Welldoc, Redox Partner for Bidrectional EHR Integration with Bluestar App

- Welldoc and Redox announce a partnership to ensure bidirectional integration with EHR with Welldoc's digital health solution for diabetes management, BlueStar. - This partnership will allow providers to receive and review insights about users of Welldoc's BlueStar digital health app for diabetes management directly within their EHR at the point of care.  Welldoc, a digital health company revolutionizing chronic disease management, announced today its strategic partnership
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Innovaccer Raises $70M to Expand Healthcare Data Activation Platform

by Fred Pennic 02/14/2020 Leave a Comment

Innovaccer Unveils InData

- Innovaccer has recently raised $70 million in Series C funding from Tiger Global, Steadview Capital, Dragoneer, Westbridge, Mubadala and M12 (Microsoft’s Venture Fund) bringing their total capital raised to $120 million. - With the latest round of funding, Innovaccer will focus on its vision to help healthcare organizations care as one and scale the unified patient record. Innovaccer Inc., a Silicon Valley-based healthcare data platform company, announced today it has raised a total of
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HealthLynked Acquires Cura Health & ACO Health Partners

by Fred Pennic 02/13/2020 Leave a Comment

Roche Acquires Rest of Foundational Medicine for $2.4B to Enhance Precision Medicine

- HealthLynked acquires Cura Health Management and its wholly-owned subsidiary ACO Health Partners LLC for $1.75M. - The acquisition is expected to contribute approximately $2.25M of revenue and $500k in EBITDA in year one, increasing HealthLynked's consolidated revenues by 47% and reducing the company's current annual cash burn by over 50%.HealthLynked Corp, a nationwide healthcare network focused on care management of its members and a provider of healthcare technologies that connect doctors,
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Cotiviti Launches Longitudinal Data Set in Healthcare

by Jasmine Pennic 02/12/2020 Leave a Comment

Cotiviti Launches Longitudinal Data Set in Healthcare

- Cotiviti has launched Caspian Insights, which represents the most comprehensive data set in healthcare and includes longitudinal data on 40% of Americans. - Unlike other platforms, Caspian unites financial and clinical information with other data types (i.e. social determinants of health, pharmacy, dental, and labs) creating a “single source of truth” never before seen in healthcare to this scale. - By offering an all-encompassing view of each member, Caspian gives health plans and
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Hg Takes Majority Holding in Intelerad: 3 Major Implications to Know

by Steve Holloway, Director at Signify Research 02/06/2020 Leave a Comment

Hg Takes Majority Holding in Intelerad: 3 Major Implications to Know

- On 23rd Jan 2020, Hg Capital announced it had agreed to acquire a majority stake in imaging IT software vendor Intelerad Medical Systems from previous majority stake owners Novacap. - The founders, management and employee shareholders at Intelerad will be reinvested, with Novacap remaining as a minority shareholder. - The company has undergone significant growth in the last four years, announcing a USD75m R&D program in 2019 and acquiring imaging IT workflow specialist Clario Medical
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Roundtrip Taps Redox to Provide Complete View of Patient’s Transportation Journey

by Fred Pennic 01/22/2020 Leave a Comment

Roundtrip digital transportation marketplace

- Redox partners with Roundtrip digital transportation marketplace to ensure patients get to appointments. - With Redox ensuring total interoperability across healthcare data source systems, Roundtrip can compile a complete view of a patient’s transportation journey between care settings and offer insights to improve outcomes.Roundtrip, a digital transportation marketplace for providers and patients, announced today its strategic partnership with Redox, a healthcare integration platform for
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Beyond Healthcare Data; Shifting the Focus to Non-Healthcare Data

by Drew Ivan, EVP of Product and Strategy of Rhapsody 01/21/2020 Leave a Comment

Beyond Healthcare Data; Shifting the Focus to Non-Healthcare Data

The recently proposed information blocking rule from the ONC and CMS has thrust interoperability into the spotlight like nothing has in recent years, making it a hot topic for media fodder, and a major concern for organizations — necessitating renewed attention to data-sharing practices.  The conversation surrounding this new rule has implied that information blocking is the result of healthcare organizations intentionally withholding data. However, more often than not, information blocking is a
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3 AI Trends for 2020: Moving Beyond Dazzle to High-Impact Collaboration

by Jordan Bazinsky, EVP and Administrative Officer for Cotiviti 01/03/2020 Leave a Comment

3 AI Trends for 2020: Moving Beyond Dazzle to High-Impact Collaboration

From the first artificial skin to driverless cars that navigate busy streets with ease, 2019 brought a dazzling array of artificial intelligence (AI) discovery. In 2020, the progress made toward AI-fueled collaboration will be as critical as AI innovation—especially in healthcare. We’ve reached a point where AI has proven its utility. In radiology, for example, AI is well-oriented to interpret diagnostic imaging studies, with FDA approval given to AI algorithms that diagnose a collapsed lung or
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Top 60 Health IT/Digital Health Mergers & Acquisitions in 2019

by Fred Pennic 12/27/2019 Leave a Comment

Kareo Sells Managed Billing Services Business to Health Prime International

- 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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Addressing Healthcare’s IT Security Oversight Challenges

by Sean Nobles, President, NaviSec 12/19/2019 Leave a Comment

Addressing Healthcare’s IT Security Oversight Challenges

Data theft within the healthcare sector continues to skyrocket, led by third-party data breaches and phishing attacks. Halfway through 2019, the number of patient records breached already exceeds the 2018 number by more than 10 million. Perhaps most concerning, many of the breaches lasted weeks or months before they were discovered.  Many health executives lack direct technology experience relevant to the healthcare industry, according to a Black Book Research survey of 308 executives. In
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