What You Should Know: - In the IT advisory space, many firms perform well, but the breadth of their expertise varies—some firms offer many services, while others focus on a specific area. KLAS's latest report examines the breadth of firms’ validated services as well as client satisfaction and performance consistency. - To provide better transparency into IT advisory services, KLAS has broken them into the following four segments: IT planning and assessment, revenue cycle optimization,
Read More
Nordic
Epic, Impact Advisors, Nordic, Chartis Named 2023 Overall Best in KLAS® Awards
What You Should Know: Epic, Nordic, Impact Advisors and The Chartis Group won the 2023 Overall Best in KLAS® awards. Epic was named the top Overall Software Suite for the thirteenth straight year in 2023 Best in KLAS – Software & Services report, released, which reports on the top vendors for 2022. Epic was also named the top Overall Physician Practice Vendor. Epic won thirteen other Best in KLAS awards in various market segments. - Impact Advisors tied with Nordic to be a
Read More
Nordic Consulting Acquires Healthcare Consulting Firm Hygeian
What You Should Know: - Nordic Consulting, a global health and technology consulting company, has acquired Hygeian, a healthcare consulting company supporting public and private sector clients across the United Kingdom and the Middle East with advisory services, change management, flexible resourcing, and filling fixed-term and specialist roles. This acquisition marks Nordic’s sixth acquisition in recent years and comes
Read More
Nordic Consulting Acquires S&P Consultants to Expand Cerner Division
What You Should Know: Nordic Consulting expands its Cerner footprint with the acquisition of health IT consulting firm, S&P Consultants. Nordic Consulting, a global health and technology consulting company has acquired S&P Consultants, a healthcare IT consulting firm with a strong focus on Cerner services. As part of the acquisition, S&P will become a Nordic global company - alongside Bails, Healthtech, and Tasman - collectively helping healthcare
Read More
Nordic Consulting Launches Security Operations Center
What You Should Know: - Coinciding with Cybersecurity Awareness Month this month, Nordic Consulting, a global health and technology consulting company, announced that it has opened its new security operations center (SOC) at its global headquarters in Madison, Wisconsin. SOC’s are a rising defense mechanism against cyber threats across industries – especially the healthcare industry, which has shown extreme vulnerability over recent years and since the pandemic has started. -
Read More
Nordic Capital and Insights Partners Acquires Inovalon for $7.3B
What You Should Know: - Inovalon, a provider of cloud-based platforms empowering data-driven healthcare, today announced that it has entered into a definitive agreement to be acquired by an equity consortium led by Nordic Capital, and joined by Insight Partners, as lead co-investor, 22C Capital for $7.3 billion in cash. - Under the terms of the agreement, Inovalon stockholders will receive $41.00 per share in cash for each share of Class A Common Stock or Class B Common Stock, representing
Read More
Corindus Vascular Robotics CEO Departure, UPMC Enterprises’ New President, Nordic Consulting’s New CIO, Other Health IT Hires
Mark Toland, CEO of Corindus Vascular Robotics (acquired by Siemens for $1.1B last year), has announced his departure and will be joining BioStar Capital, a health-tech venture capital group focused on cardiovascular and orthopedic medical devices. As a partner and entrepreneur in residence, Mark will help to identify and develop innovative companies leveraging AI, deep learning, robotics, and other transformative technologies that address a wide range of unmet needs. The BioStar team has
Read More
Finland, Cerner to Co-Develop Health and Social Services Digital Platform
What You Should Know: - Finland regional leadership has selected Cerner to establish a new healthcare and social services digital platform to support four regions in Central Finland. - The co-design digital platform will support Aster, a co-operational organization across four of Finland’s nineteen regions; including Central Finland, Ostrobothnia, South Savo, and North Karelia. Today, Cerner announced it has been selected by Finland regional leadership to deliver more coordinated
Read More
Why International Expansion Must Remain a Priority for Cerner, Epic, Allscripts, MEDITECH
What You Should Know: - How the top US acute EHR vendors, namely Cerner, Epic, Allscripts, and MEDITECH (+85% share of US acute market in terms of revenues), have progressed on international expansion. As highlighted below, there is a significant variance amongst the big four in terms of revenue and share of business outside the US. Cerner has by far the highest revenue at more than $650M in 2019, representing 12% of its business. Whilst MEDITECH has considerably lower revenue than
Read More
CancerIQ Raises $5M to Expand Genetic Cancer Risk Assessment Platform
What You Should Know: - CancerIQ raises $5M in Series A funding led by HealthXVentures to accelerate the growth of its genetic cancer risk assessment platform to identify and manage patients at high risk of cancer. - CancerIQ’s technology enables hospitals to use genomics to personalize the prevention and early detection of cancer. - Two new hires recently joined CancerIQ’s newly formed Integrated Products team from Epic, with the goal of advancing CancerIQ’s integration with leading
Read More
