What You Should Know:
- Medigate announced $30M in Series B financing to expand its medical and IoT device security solution to ensure patient privacy and safety.
- Medigate fuses the knowledge and understanding of
medical workflow and device identity and protocols with the reality of today’s
cybersecurity threats. With Medigate, hospital networks can safely operate all
medical devices on their network, enabling deployment of existing and new
devices to patients while ensuring privacy and
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Partners
Canadian Telehealth Startup OnCall Health Lands $6M for Virtual Care Platform
What You Should Know:
- OnCall Health Raises $6M Series A to Enable Virtual
Care Programs for Healthcare Brands
- Funding will be used by OnCall Health to expand its
reach and build out its software that enables healthcare brands, systems, and
startups to launch and scale their telehealth operations.
- OnCall enables healthcare enterprises to rapidly launch
their own virtual care platform that is highly configurable to their brand and
workflow.
OnCall Health, a
Toronto, CA-based
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Radiology Partners Acquires MEDNAX Radiology Solutions for $885M
What You Should Know:
- Radiology Partners acquires MEDNAX Radiology Solutions,
a division of MEDNAX, Inc. for $885M in cash.
- The acquisition accelerates Radiology Partners’ mission to transform radiology, offer unparalleled clinical value and service at scale, and further elevate the role of radiologists within the healthcare field.
Radiology Partners
(RP),a radiology practice in the U.S., announced a definitive agreement to acquire
MEDNAX Radiology Solutions, a division
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Medisafe Launches New Platform for Medication Management to Improve Patient Journey
What You Should Know:
- Medisafe launches a new Medisafe Maestro platform that brings precision and speed to patient journeys.
- The new platform aims to revolutionize digital health platforms by combining a host of resources to help patients through any hurdle in their journey and updates and monitoring happen in real-time to meet patients in their moments.
Medisafe, a Boston,
MA-based digital therapeutics companion platform, announced the immediate
deployment of its new Medisafe
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Verisk Acquires MSP Compliance Provider Franco Signor for $160M
What You Should Know:
- Verisk acquires Franco Signor, a Bradenton, FL-based full-service provider of MSP compliance software and services for $160M.
- Property/casualty insurers, self-insureds, and TPAs
will benefit from the most comprehensive suite of fully integrated Medicare
compliance solutions and greater access to the nation’s top Medicare experts.
Verisk, a data
analytics provider, announced today that it has acquired
Franco Signor, a Medicare Secondary
Payer (MSP) service
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Analysis: August Health IT M&A Activity; Public Company Performance
– Healthcare Growth Partners’ (HGP) summary of Health IT/digital health mergers & acquisition (M&A) activity, and public company performance during the month of August 2020.
M&A is back and the velocity of the rebound has outpaced all expectations. The recovery quickly worked its way across the spectrum from large to small-cap, beginning with the larger cap NASDAQ rally of nearly 80% from lows in late March (only to soften in recent days), followed by multi-billion
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AI Collaboration Saves Pharmacies 5.5 Hours Monthly on Critical Administrative Tasks
What You Should Know:
- DrFirst partners with a Kansas-based pharmacy management system (PMS) provider to improve safety and efficiency in hundreds of pharmacies across the country.
- Speed Script is integrating DrFirst’s SmartSig technology into its suite of pharmacy management solutions (PMS) used by the community and long-term care pharmacies countrywide.
- Using the two technologies could save pharmacies processing
more than 250 prescriptions a day
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Optimize.health Raises $15.6M for Remote Patient Monitoring Platform
What You Should Know:
- Optimize.health raises $15.6M in Series A funding to accelerate access to and adoption of its remote patient monitoring platform.
- Optimize.Health enables improved access to care, more
favorable health outcomes, and contained healthcare costs through the
combination of high-quality monitoring devices and a user-friendly,
HIPAA-compliant digital platform that supports two-way video calls and text
conversations between patients and their
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Biofourmis Lands $100M to Expand AI-Powered Digital Therapeutics Platform
What You Should Know:
- Boston-based digital therapeutics leader Biofourmis
just closed a $100 million Series C funding round led by SoftBank,
bringing its total funding to $145M.
- Biofourmis will be using the funding to develop, validate and commercialize several released and unreleased digital therapeutics solutions across cardiology, oncology, respiratory, and pain, with a focus on the United States and key Asian markets, including Asia Pacific, China, and
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Why EHR Interoperability is Critical for Telehealth
Telehealth has recently taken off as a way to prevent the spread of the novel coronavirus, but even though telehealth has been around for several years, clinics had difficulty adopting it pre-COVID-19. This caused clinics to not view telehealth as a viable option, and it was often seen as a last resort approach to healthcare.
As reducing the spread of COVID-19 became paramount, Medicare and Medicaid were forced to develop telehealth service codes, and clinics were tasked with finding an
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