What You Should Know: - Epic was named the top Overall Software Suite for the eleventh consecutive year in the Best in KLAS 2021 Software & Services report, released today, which reports on the top vendors for 2020. Epic was also named the top Overall Physician Practice Vendor. Galen Healthcare Solutions was named the top Overall IT Services Firm. The Chartis Group earned the award of top Overall Healthcare Management Consulting Firm, edging out last year’s winner,
Read More
M&A: Gainwell to Acquire HMS for $3.4B in Cash
What You Should
Know: - Veritas Capital (“Veritas”)-backed Gainwell Technologies
(“Gainwell”), a leading provider of solutions that are vital to the
administration and operations of health and human services programs, today
announced that they have entered into a definitive agreement whereby Gainwell
will acquire HMS, a technology, analytics
and engagement solutions provider helping organizations reduce costs and
improve health outcomes. - With over 7,500 employees, Gainwell Technologies
Read More
Addressing Loneliness and Social Isolation in the Medicare Population
In recent years, the healthcare industry's understanding of social determinants of health (SDoH) and their impact on patient outcomes has grown dramatically. Researchers and practitioners now recognize that social isolation and loneliness fall under the SDOH umbrella. In response, many payers and providers are exploring initiatives to address social isolation among members and patients. The health effects of social isolation and loneliness are costly and harmful. According to Health
Read More
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
Read More
HMS Holdings Corp to Acquire Payment Accuracy Company Accent for $155M
- HMS Holdings Corp acquires Accent, a payment accuracy, and cost containment business from Intrado Corporation for approximately $155 million.- Accent’s offerings include comprehensive prospective and retrospective claims accuracy solutions, which incorporates both cost avoidance and overpayment recovery services.- Addition of service provider to commercial and Medicare Advantage health plans to expand the breadth of HMS’ prospective and retrospective claims accuracy services.HMS Holdings Corp.
Read More
HMS Acquires Population Health Analytics Company VitreosHealth for $36M in Cash
- HMS Holdings Corp acquires VitreosHealth, the first Insights-as-a-Service delivery model for advanced population health analytics for $36M in cash. - HMS is currently using VitreosHealth’s technology as the predictive analytics engine for HMS’ Elli, a risk intelligence solution that is part of the company’s integrated Population Health Management (PHM) portfolio.HMS believes the integration of VitreosHealth will enhance our predictive modeling and analytics capabilities within its PHM
Read More
