VillageMD raises $80 million in a financing round led by Athyrium Capital Management, bringing its total funding to $116 million. The Chicago-based primary care management company has grown its physician network to 2,500 in six states.
January 24 (Wednesday) 1:00 ET: “Location, Location, Location: How to Deploy RTLS Asset Management for Capital Savings.” Sponsor: Versus Technology. Presenter: Doug Duvall, solution architect, Versus Technology. Misplaced or sub-optimally deployed medical equipment delays patient care and hampers safety-mandated preventive maintenance. It also forces hospitals to buy more equipment despite an average utilization that may be as low as 30 percent, misdirecting precious capital dollars that could be better spent on more strategic projects. A real-time locating system (RTLS) cannot only track asset location, but also help ensure that equipment is properly distributed to the right place at the right time. This webinar will provide insight into the evaluation, selection, and benefits of an RTLS-powered asset management solution.
Acquisitions, Funding, Business, and Stock
Patient intake tech company Phreesia secures an undisclosed amount of funding from Echo Health Ventures, marking its seventh funding round. Phreesia’s last round took place in 2014 to the tune of $30 million.
Quartet Health raises $40 million in a Series C round headed up by F-Prime Capital Partners and Polaris Partners. The funds will enable the New York City-based business to further develop its patient screening and referral technology for primary and mental healthcare providers.
Announcements and Implementations
Ortho Montana selects musculoskeletal and quality of life registries from Oberd.
Health Payment Systems promotes Terry Rowinski to CEO.
Brad Hill (RemitData) joins Peak Health Solutions as president.
Privia Health hires Doug Wenners as acting CEO. Wenners comes from Brighton Health Group, which acquired Privia in 2014.
Research and Innovation
European researchers develop a bionic hand with a sense of touch that is small enough to transport outside of a laboratory environment. Previous iterations had computer equipment too cumbersome to travel with; now, the user can stow it in a backpack.
Government and Politics
CMS develops a new online performance data submission tool for physicians participating in the Quality Payment Program. The 2017 submission period runs through March 31.
Go Dawgs: In a savvy marketing/SEO move, OrthoAtlanta announces it will be the official orthopedic and sports medicine provider during the 2018 CFP National Championship January 8 in Atlanta.
Athenahealth CEO Jonathan Bush shares resolutions for the new year.
More news: HIStalk.