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Healthcare PE Firm Heritage Group Launches $300M Health Tech Fund

by Fred Pennic 01/14/2021 Leave a Comment

Heritage Group

Partners David McClellan, Rock Morphis, Paul Wallace (Left to Right) What You Should Know: - Healthcare private equity firm Heritage Group launches a $300M fund to invest in high-growth healthcare services and technology companies. - Heritage is backed by some of the leading healthcare organizations in the nation, including large provider systems, payers, and healthcare service providers. Heritage Group, a Nashville, TN-based healthcare-focused private equity firm, today
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Modernizing Medicine Acquires Orthopedic EHR Platform Exscribe – M&A

by Fred Pennic 01/13/2021 Leave a Comment

Modernizing Medicine Acquires Orthopedic EHR Platform Exscribe – M&A

What You Should Know: - Modernizing Medicine announced it has acquired orthopedics EHR vendor Exscribe bringing together two of the healthcare industry’s leading, all-in-one orthopedic EHR vendors. - As part of the acquisition, Exscribe Founder and CEO, Dr. Sachdev and other members of the Exscribe team will be joining Modernizing Medicine. Specialty-specific EHR provider Modernizing Medicine announced it has acquired orthopedics electronic health records (EHR) vendor
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UnitedHealth Group Acquires Change Healthcare to Combine with OptumInsight for $13B

by Fred Pennic 01/06/2021 Leave a Comment

Change Healthcare Acquires Credentialing Tech Docufill to Improve Administrative Efficiency

What You Should Know: - UnitedHealth Group has reached an agreement to acquire Change Healthcare in a deal valued at more than $13 billion, marking the first major acquisition of 2021. - Change Healthcare will be combined with OptumInsight to advance a more modern, information, and technology-enabled healthcare platform. UnitedHealth Group’s has reached an agreement to acquire healthcare technology leader Change Healthcare for more than $13B. As part of the acquisition,
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5 Post-Acute Care Industry Trends to Watch in 2021

by Jasmine Pennic 12/29/2020 Leave a Comment

5 Post-Acute Care Industry Trends to Watch in 2021

What You Should Know: - Healthcare technology company Forcura names the five most significant trends for the post-acute care industry in 2021. The post-acute care (PAC) sector saw some of its most profound challenges this year, from deadly COVID-19 outbreaks in skilled nursing facilities (SNFs) to a suddenly accelerated need for the services provided by home health and hospice. The biggest question now is that what does the post-acute care future hold for all of us? Forcura, a
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As Telehealth Surges, Are Seniors Being Left Behind?

by Anne Davis, Director of Quality Programs & Medicare Strategy at HMS 12/11/2020 Leave a Comment

As Telehealth Surges, Are Seniors Being Left Behind?

Anne Davis, Director of Quality Programs & Medicare Strategy at HMS A global health crisis has thrust us into a scenario in which lives quite literally depend on the ability to virtually connect. Telehealth has rapidly emerged as a vital tool, enabling continuity of care, allowing vulnerable individuals to access their physician from home, and freeing up resources for providers to treat the most critical patients. The acceptance of telehealth and expansion of covered services for the
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M&A: Ro Acquires On-Demand, In-Home Platform Workpath

by Fred Pennic 12/08/2020 Leave a Comment

M&A: Ro Acquires On-Demand, In-Home Platform Workpath

What You Should Know: - Ro announced it has acquired Workpath, a technology platform that powers on-demand, in-home healthcare and diagnostics services nationwide. - Through this acquisition, Ro’s platform will now uniquely bring together a patient's doctor, pharmacy, and diagnostics/lab--offering a personalized, end-to-end experience with no insurance required. - Ro is also announcing a partnership with Quest Diagnostics, which operates more than 2,200 locations nationwide, to
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Innovaccer Launches COVID-19 Command Center to Help Healthcare Organizations Manage Their COVID-19 Operations

by Jasmine Pennic 12/04/2020 Leave a Comment

Innovaccer Launches COVID-19 Command Center to Help Healthcare Organizations Manage Their COVID-19 Operations

What You Should Know: - Innovaccer launches COVID-19 Command Center to assist healthcare organizations in optimizing their COVID-19 operations.   - The solution offers a unified information hub to manage COVID-19 resources and operations and empower teams with unprecedented visibility into their environment. Innovaccer, Inc., a San Francisco, CA-based healthcare technology company, today announced the launch of its COVID-19 Command Center to assist healthcare organizations in
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Healthcare M&A: DAS Health Acquires Randall Technology Services

by Jasmine Pennic 12/01/2020 Leave a Comment

DAS Health Acquires Health IT and Medical Billing Conglomerate

What You Should Know: - DAS Health Ventures acquires healthcare and managed IT company Randall Technology Services (RandallTech). - This acquisition adds Allscripts® PM and EHR solutions to the DAS portfolio of supported products, and DAS Health has now added additional staff in Texas that will create opportunities for greater regional support of its entire solutions portfolio. DAS Health Ventures, Inc., an industry leader in health IT and management, announced today it completed
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Hospital Sustainability Demands that Revenue Integrity Move Front and Center

by Vasilios Nassiopoulos, VP of Platform Strategy and Innovation, Hayes 11/23/2020 Leave a Comment

Hospital Sustainability Demands that Revenue Integrity Move Front and Center

Vasilios Nassiopoulos, VP of Platform Strategy and Innovation, Hayes Razor-thin operational margins coupled with substantial and ongoing losses related to COVID-19 are culminating in a perfect storm of bottom-line issues for U.S. hospitals and health systems. A study commissioned by the American Hospital Association (AHA) found that the median hospital margin overall was just 3.5% pre-pandemic, and projected margins will stay in the red for at least half of the nation’s hospitals
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COTA Lands $34M to Drive Innovation in Oncology Using Real-World Data

by Fred Pennic 11/18/2020 Leave a Comment

COTA Lands $34M to Drive Innovation in Oncology Using Real-World Data

What You Should Know: - COTA, Inc., a healthcare technology company that uses real-world data to bring clarity to cancer care, has secured $34M in funding. - Access to over one million patient data records and additional funding support enhanced real-world data and analytics services in oncology. COTA, Inc., a Boston, MA-based healthcare technology company that uses real-world data to bring clarity to cancer care, today announced it has raised $34 million in Series D funding led
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