- 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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Holon Solutions Appoints Jon Zimmerman As New CEO
Jon Zimmerman, CEO of Holon Solutions
- Healthcare IT leader Jon Zimmerman has been named CEO of Holon Solutions to accelerate their transition to value-based care through the adoption of purpose-built technology that solves their biggest challenges.
- Value-based care executive selected for his nearly 30 years’ experience in enhancing healthcare interoperability and proven track record in scaling growth-stage companies.
Holon Solutions, an Atlanta-based healthcare IT company that liberates
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Research: October Health IT M&A Activity, Public Company Performance
- Healthcare Growth Partners (HGP) summary of Health IT/digital health merger & acquisition (M&A) activity, and public company performance during the month of October 2019
During the month of October, Health IT continued its evolution into an amorphous market that is increasingly trending away from a specialized niche of healthcare and into a key component of larger sectors such as Enterprise Software, HR Administration, Insurance, Care Delivery, Suppliers, and BioPharma.
The
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Analysis: Why EMRs Will Not Replace Enterprise Imaging IT
The growing influence and uptake of electronic medical records (EMRs) in healthcare have driven debate over the future role of specialist clinical and diagnostics software. With interoperability in the health sector still a major challenge, many health providers are looking to simplify their IT systems, consolidating to fewer software platforms and few vendor partners. With recent extensive and long-term investment in EMR systems, some healthcare providers considering the EMR as a potential
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ECG Management Consultants Joins Siemens Healthineers As Stand-Alone Unit
- ECG Management Consultants joins Siemens Healthineers and will operate as a stand-alone unit as part of the global Enterprise Services business of Siemens Healthineers.
- ECG, as a separate consulting business, will continue to focus on strategic, financial, operational, and information technology services and operate independently of the medical technology business of Siemens Healthineers.
- As part of the agreement, Siemens Healthineers will acquire a majority stake in ECG
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5 Steps to Achieving a Mature Enterprise-Class Quality Program
Jeffrey Springer, Sr. VP of Healthcare Solutions for CitiusTech
The game is changing faster than ever as more payer contracts and regulatory programs adopt risk-based models. To be successful, payer and provider organizations know they must increase quality scores and revenue while reducing avoidable medical costs. Yet, the providers who are critical to that success are burned out. According to a recent survey, nearly one-third of providers say their biggest frustration is constant “busy
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AI vs. Humans: AI Solution Beats Stanford Radiologists in Chest X-ray Diagnostics Competition
JF Healthcare, a Nanchang, China-based medical diagnostic startup is the first organization in the world to beat Stanford University radiologists in a competition designed by the Stanford Machine Learning group to compare the capability of artificial intelligence (AI) to human experts in interpreting chest x-rays.Standard Chest X-ray Diagnostic Competition ResultsThe AI team from JF Healthcare recently achieved an average AUC score (a measure of diagnostic accuracy) of 0.926 and is currently
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Analysis: Cerner, Epic, Allscripts and MEDITECH’s International EHR Endeavours
In this insight, we assess how the top US acute EHR vendors, namely Epic, Cerner, Allscripts and MEDITECH (+85% share of US acute market in terms of revenues), have progressed specifically on the third point, international expansion.The below figure shows that 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 $600M in 2018, representing 12% of its business. Whilst MEDITECH has much
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3 Takeaways From The 2019 HIMSS & Health 2.0 European Conference
The HIMSS & Health 2.0 European Conference attracted over 2,600 delegates from 64 countries to Helsinki in June 2019. While there was a strong focus on healthcare in the Nordics, the conference brought with it a wide variety of vendors from across the globe all looking for new opportunities on the show floor. Our key takeaway – the goal to change mindsets in Europe towards how healthcare can be improved through the use of technology. We look at a few examples below, namely:- Developing
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Siemens Healthineers, UM System, MU Health Care Forms $133M Alliance for Precision Health
University Hospital with the Staff for Life Helicopter at dusk.[/caption]Siemens Healthineers and the University of Missouri System (UM System), including all four universities, and University of Missouri Health Care (MU Health Care), has established the Alliance for Precision Health that will leverage their joint expertise to transform healthcare delivery, promote education in the fields of technology and engineering, and develop groundbreaking research initiatives.As part of the alliance,
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