Earlier this month saw Mednax announce significant plans to transform its business. Mednax intends to:
- Sell its Mednax Radiology Solutions business, which includes its radiology groups and the teleradiology market leader Virtual Radiologic (vRad).
- Reposition itself as a dedicated pediatrics and obstetrics business, including a return to its original company name, Pediatrix Medical Group.
Mednax made its entrance into the radiology business following the $500m acquisition of vRad in
Read More
integrated care
Unite Us Acquires SDoH Data Analytics Company Staple Health to Expand Capabilities
What You Should Know:
- Unite Us acquires social determinants of health (SDoH)
analytics company Staple Health to greatly expand its valuable predictive data
analytics capabilities.
- Predictive analytics and outcome data are essential as
Unite Us supports local communities, addressing needs and providing proactive
social care infrastructure where it is lacking.
- The acquisition of Staple Health brings 10 years of
data experience and a database of 270M individuals, with notable
Read More
Value-Based Care’s Story Will Turn in the 2020s
Value-based care initiatives matured in recent years thanks to exciting new technology and influential policy changes. But the coming decade will see transformative changes that will eventually lead to a uniform realization of value-based care across the entire healthcare continuum.
Specialty pharmacy represents one area of healthcare that is wholeheartedly welcoming a discussion about value. With the costs of six-figure specialty drugs and the number of patients using them continuing to
Read More
TeraRecon Acquired by SymphonyAI: What is the Impact for Medical Imaging Market?
On the 4th March 2020, TeraRecon announced it had signed an agreement to be acquired by the SymphonyAI Group. Here are the facts of the deal, followed by our take on the potential impact on the medical imaging market:
- The terms of the deal were not disclosed and TeraRecon will continue to operate business as usual. However, it will benefit from greater financial backing and the synergistic technologies from other companies in the Group’s portfolio.
- TeraRecon is an Advanced
Read More
Cerner Sells Off Parts of Healthcare IT Business in Germany and Spain for $248M
- Cerner sells off parts of healthcare IT business in Germany and Spain to Germany company CompuGroup Medical SE for EUR 225 million ($247.5M USD).
- The acquired assets include "medico" and "Soarian Integrated Care", hospital information systems (HIS) in Germany, Selene, a HIS in Spain, and "Soarian Health Archive", a document archiving solution for healthcare providers.
- The sell-off by Cerner reflects the company’s overall growth strategy and optimized approach to portfolio management.
Read More
CareMount Health Solutions ACO Generates $779k in Shared Savings
- CareMount Medical’s next-generation ACOs have saved more than $778,582 in shared savings in 2018. CareMount ACO was one of 38 Next Generation ACOs nationally to achieve earned savings for 2018 Performance Year.- In 2019, CMS awarded CareMount Health Solutions ACO, LLC a perfect score of 61 out of 61 points on its Initial Readiness Review (IRR). CMS conducts IRRs for all ACOs entering the Next Generation ACO Model.Chappaqua, NY-based CareMount Medical announces its next-generation ACOs have
Read More
Dedalus to Acquire Agfa’s HCIS Business: Impact on European EMR Market
Yesterday Agfa announced it had entered exclusive negotiations with Dedalus Holding to sell part of its Healthcare IT business, specifically the business tied to its EMR and Integrated Care offerings. The facts are:- In May 2019 Agfa stated it would explore selling its Hospital IT and Integrated Care (HCIS) solutions business.- This process was brought a step forward towards the conclusion yesterday with the announcement that the deal (valued at €945M) would be completed during Q2 2020, and
Read More
Inspira Health, Philips Forms $50M, 5-Year Partnership to Standardize Patient Monitoring
- Philips and Inspira Health announce USD 50 million, long-term strategic partnership to transform patient care for residents of southern New Jersey, U.S.- The partnership agreement will make Philips solutions available to more than a dozen Inspira health facilities including training and services to maximize operational efficiency.Inspira Health (Inspira), a charitable nonprofit healthcare organization and a regional leader in physician training has formed a $50M, five-year strategic
Read More
Communicating With Your Loved Ones in Long-Term Care Facilities During Disaster Situations
Natural disasters are unavoidable, and elderly individuals, especially those in long-term care facilities, are particularly at risk during and after these events. Powerful hurricanes, such as the recent Hurricane Dorian, can seriously displace residents of long-term care facilities. During these times, family members and loved ones are faced with anxieties and uncertainties when it comes to resident care and wellbeing.
Convenient and meaningful two-way communication is an essential element of
Read More
Why APIs Bring Hope for Data Interoperability in Healthcare
One of the biggest obstacles to data interoperability is the slow and piecemeal progress of healthcare organizations (HCOs) towards digitalization. While the benefits of digitalization are clear; improved efficiency, reliability of data, and enhanced communication, just to name a few; the critical (and most challenging) piece of the puzzle, is being able to share critical patient data between systems in a way that makes it easily accessible - while still retaining the security of sensitive
Read More