What You Should Know:
- SWORD Health raises $25 million in Series B to accelerate growth of its best-in-class virtual musculoskeletal care solution led by Todd Cozzens, Managing Partner at Transformation Capital and former healthcare investor at Sequoia Capital. Existing investors Khosla Ventures, Founders Fund, Green Innovations, Vesalius Biocapital and Faber also participated. The latest round brings SWORD’s cumulative fundraising to $50 million.
- SWORD Health pairs licensed physical
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Partners
GetWellNetwork Acquires Consumer Engagement Platform Docent Health
What You Should Know:
- GetWellNetwork is acquiring Docent Health, a digital health company. Docent provides a patient engagement platform used by healthcare organizations to coordinate personalized care at scale through AI-enabled communication technology.
- The acquisition advances GetWellNetwork's mission to empower patients and families to be more active participants in their care, and extends important health programs for disadvantaged populations and those suffering health
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emids Acquires Healthcare Software Development Firm Macadamian
What You Should Know:
- Healthcare IT company emids announced the acquisition of Canadian-based Macadamian, a global full-service healthcare software design and development consulting firm.
- The acquisition reflects emids’ response to accelerated investment in digital health and provides it with a competitive advantage as the addition of design capabilities allows it to support the entire continuum of customers’ digital transformation efforts.
- A milestone in the company’s growth
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Why CMS Will Lead the 2021 Kidney Care Revolution
After an unprecedented year, kidney care providers, including nephrologists, dialysis facilities, and care extenders are expecting 2021 to follow suit. We will see an overhaul in reimbursement and major industry shifts, partly led by CMS, that will require providers to advance their capabilities in a way that will usher in more widespread innovation. These new models encourage a shift in treatment approach that will deliver earlier interventions and better outcomes.
The following are
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CHIME-KLAS Report Reveals 10 Key EMR Interoperability Trends
What You Should Know:
- New CHIME-KLAS interoperability report reveals steady
progress in some areas related to interoperability and leaps forward in others.
- A total of 67% of provider organizations reported they
often or nearly always had access to needed records in 2020, up from 28% in
2017. Providers noted improvements in functionality and usability for tasks
like locating and viewing records.
Both providers and the companies that produce the hardware and software needed
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Aledade Secures $100M for Value-Based Primary Care, Reaching $2.1B Valuation
What You Should Know:
- Aledade raises $100 Million in Series D funding to help
more primary care practices thrive in value-based care.
- The new funding will power the growth of a nationwide network of more than one million patients by further expanding into Medicare Advantage Contracts.
Aledade,
a Bethesda, MD-based provider of value-based primary care, today announced it
has closed a $100 million Series D funding round following a year of
significant growth for its national
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Tech-Enabled PBO RxBenefits Reaches $1.1B Valuation After Recapitalization
What You Should Know:
- Private equity firm Advent International announced that
it has completed a recapitalization of RxBenefits, the employee benefits
industry’s first and only technology-enabled pharmacy benefits optimizer (PBO).
- The transaction values RxBenefits at approximately $1.1
billion.
Advent International (“Advent”), one of the largest and most experienced global private equity investors, today announced that it has completed a recapitalization of RxBenefits, the
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Cerner Leadership Changes, Other Key Executives Hires
Cerner announced some leadership changes promoting long-time associates Travis Dalton to Chief Client & Services Officer and Dan Devers to Chief Legal Counsel. After long, respected, meaningful careers at Cerner, John Peterzalek and Randy Sims will be departing.
Cognoa, the leading pediatric behavioral health company developing diagnostic and therapeutic solutions for children living with autism and other behavioral health conditions appoints Eric B. Mosbrooker as
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Healthcare PE Firm Heritage Group Launches $300M Health Tech Fund
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 announced the closing of over $300 million in its oversubscribed third fund, an
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Net Health Acquires Post-Acute Analytics Platform PointRight – M&A
What You Should Know:
- Net Health acquires post-acute market analytics platform PointRight to deepen the company’s analytics capabilities, post-acute presence, and support for SNF networks.
Net
Health, a provider of cloud-based software for specialty medical providers
across the continuum of care, today announced that it has acquired
PointRight Inc., a leading provider of
analytics and data-driven tools for the post-acute market. The acquisition adds
to Net Health’s expanding
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