What You Should Know:
Free Market Health, a Pittsburgh-based healthcare technology company transforming the specialty pharmacy ecosystem with a care-driven marketplace platform, today announced its $13.5M in Series A financing led by Alta Partners and with participation from existing investors Highmark Ventures and 653 Investment Partners.
- The capital will enable the company’s team of specialty pharmacy industry experts to scale beyond the hundreds of millions of dollars in specialty
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healthcare technology
Echo Health Ventures Expands Investment Model to Nashville
What You Should Know:
- Echo Health Ventures, a healthcare strategic venture capital and growth equity investment firm, today announced it is establishing a local presence in Tennessee led by Echo Health Advisors Principal Hayley Hovious, who joined the company in March following seven years as president of the Nashville Health Care Council.
- Echo Health Ventures CEO Rob Coppedge expects the new location to drive innovation by developing connections between its portfolio companies, Echo
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MLB Taps Cue Health to Expand League-Wide COVID-19 Testing Program for 2022 Season
What You Should Know:
- Cue Health Inc. (“Cue”), a healthcare technology company, and Major League Baseball (MLB) today announced a national partnership that expands Cue’s support of the league-wide COVID-19 testing program.
- Serving As MLB’s trusted at-home testing solution, Cue will provide Major League Clubs as well as the MLB league office with its integrated care platform, featuring both the portable and reusable Cue Health Monitoring
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What The Finance Industry Can Teach Healthcare About Digital Transformation
The COVID-19 pandemic feels like a once-in-a-lifetime event for those of us involved in healthcare, but the patterns of how the crisis affected our industry feel familiar.
Stop me if you have heard this before: incumbent players in a broad industry made very slow and fragmented technological advances for years with no real threat to their business. Then, a sudden and transformational event catapulted direct-to-consumer technologies, forcing the incumbents to fundamentally alter their business
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DeliverHealth Acquires Revenue Cycle Company PresidioHealth
What You Should Know:
- DeliverHealth, a provider of technology-enabled solutions for hospitals, health systems, and group practices, today announced the acquisition of PresidioHealth, a healthcare technology and clinical intelligence company. Financial terms of the acquisition were not disclosed.
- The acquisition enables DeliverHealth to further expand its software platform, thus improving coding quality and speeding up the reimbursement cycle for healthcare organizations.
Combined
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HIMSS22 Day 2 Roundup: Google Partners with MEDITECH, Microsoft’s Health Cloud Strategy Expansions
Mergers & Acquisitions (M&A) Activity
OptimizeRx Acquires EvinceMed, a Specialty Drug Prescription Initiation Platform
OptimizeRx, a provider of point-of-care technology solutions helping patients start and stay on therapy announced a definitive agreement to acquire the EvinceMed platform and related assets. EvinceMed is a provider in delivering end-to-end automation for specialty pharmaceutical transactions. The acquisition includes the full Market Access Management Platform
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GTCR Acquires Majority Stake in Experity to Drive On-Demand Care
What You Should Know:
- Experity, the national leader in on-demand care solutions, today announced a strategic growth investment from GTCR, a private equity firm with significant experience in healthcare technology and services. Existing investor Warburg Pincus will retain a minority interest in the company
- The strategic growth investment from GTCR, along with the combined capability of two world-class investors (including Warburg Pincus) will provide industry-leading innovation and
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Ventilator Consumables Market Analysis: COVID-19 Pandemic Repercussions
Consumables are often associated with low-cost, standardized products. This has often been the case with breathing system solutions used in ventilation. However, the COVID-19 pandemic has highlighted the importance of sufficient infection control in the hospital environment, subsequently uplifting demand for solutions that reduce infection risk. Vendors of all calibers grabbed this opportunity to expand market share, but questions remain on whether they will keep up in a crowded and
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5 Steps for Providers When Selecting a Healthcare Technology Vendor
Healthcare providers typically rely on a multitude of vendors to help them deliver care to patients. Some partnerships flourish seamlessly, while others are burdensome and take more resources to maintain. Depending on time and interests, physicians themselves may or may not work directly with revenue cycle management vendors; however, healthcare administrators communicate with vendor representatives more frequently — weekly or even daily.
For administrators, a robust reporting dashboard can
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Innovaccer Launches Provider Network Management Solution for Payers on the Innovaccer Health Cloud
- Innovaccer, Inc., a leading healthcare technology company, announced the launch of its Provider Network Management solution to assist healthcare payers access complete view and exercise control over their provider network performance.
- The Provider Network Management solution is powered by the Innovaccer Health Cloud and an integrated, modular, flexible platform that centralizes data and analytics to create a “single source of provider truth” for all network management needs.
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