What You Should Know:
- Global interoperability leader Lyniate has rebranded as Rhapsody in order to leverage the brand’s prestigious global recognition. Originally founded as Rhapsody in 2018, the company will continue to provide top-of-the-line interoperability solutions while maintaining its commitment to addressing data-sharing challenges and improving outcomes.
- Going forward, the company will use the Rhapsody brand for its suite of interoperability solutions and will
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Rhapsody
Lyniate Acquires CareCom to Expand Semantic Interop Capabilities
What You Should Know:
- Lyniate, a global leader in healthcare data interoperability acquires CareCom, a provider of semantic interoperability. This acquisition builds on Lyniate’s recent merger with NextGate, a longtime leader in patient identity management.
- The combined organization will better support healthcare organizations in converting unstructured content into standardized data to help them assemble and manage more complete and accurate patient
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Lyniate and NextGate Merge to Enhance Interoperability
What You Should Know:
Lyniate, a leader in healthcare data interoperability, has announced a merger agreement with NextGate, a pioneer in Enterprise Master Person Index (EMPI). Financial details were not disclosed.
- This strategic combination will help meet increased market demand for more advanced interoperability solutions that address data quality as well as data-sharing, furthering Lyniate’s commitment to building connections for a healthier world.
Merger Deepens
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Hg Takes Majority Holding in Intelerad: 3 Major Implications to Know
- On 23rd Jan 2020, Hg Capital announced it had agreed to acquire a majority stake in imaging IT software vendor Intelerad Medical Systems from previous majority stake owners Novacap.
- The founders, management and employee shareholders at Intelerad will be reinvested, with Novacap remaining as a minority shareholder.
- The company has undergone significant growth in the last four years, announcing a USD75m R&D program in 2019 and acquiring imaging IT workflow specialist Clario Medical
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Beyond Healthcare Data; Shifting the Focus to Non-Healthcare Data
The recently proposed information blocking rule from the ONC and CMS has thrust interoperability into the spotlight like nothing has in recent years, making it a hot topic for media fodder, and a major concern for organizations — necessitating renewed attention to data-sharing practices.
The conversation surrounding this new rule has implied that information blocking is the result of healthcare organizations intentionally withholding data. However, more often than not, information blocking is a
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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
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Research: July Digital Health IPOs, M&A Activity, Public Company Performance Summary
Summary of Health IT/digital IPOs, merger & acquisition (M&A) activity, and public company performance during the month of July.
Digital Health IPOs in July
Breaking the digital health IPO drought, there were four initial public offerings (IPOs) during a five-week period from late June to late July, including Livongo, Health Catalyst, Phreesia, and Change Healthcare. The last health IT companies to reach IPO were iRhythym Technologies and Tabula Rasa Healthcare in late 2016 -
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Rhapsody and Corepoint Merge to Support Healthcare Interoperability Initiatives Including FHIR
Rhapsody, a Boston-based international leader in healthcare interoperability and data connectivity solutions, has announced an agreement to merge with Corepoint Health, a provider of enterprise healthcare interoperability software solutions, to develop a next generation interoperability platform and enhance data integration and connectivity for existing and future customers. The companies will continue to operate as two separate entities for the foreseeable future. Combined Entity Supports
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Rhapsody Spins Off as Separate Company from Orion Health, Appoints New CEO
Rhapsody, a health IT interoperability platforms for healthcare organizations for almost 20 years, today announced that it has completed its spin-off from Orion Health in accordance with its acquisition by Hg, a specialist technology investor with deep global healthcare expertise and is now an independent company.Independent Company Under New LeadershipRhapsody has appointed healthcare business veteran Erkan Akyuz as the new Chief Executive Officer (CEO) to lead the company’s future growth. The
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