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February 11, 2019 News No Comments

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Veritas Capital and Evergreen Coast Capital (an Elliott Management affiliate) wrap up their $5.7 billion acquisition of Athenahealth. As previously reported, Veritas Capital’s Virence Health business will combine with Athenahealth under the Athena name. Virence Chairman and CEO Bob Segert will lead the new business at Athena’s headquarters in Watertown, MA.


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Acquisitions, Funding, Business, and Stock

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New Jersey-based Medical Transcription Billing Corp. rebrands to MTBC to reflect its broader health IT capabilities.


People

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Patient engagement and management vendor HealthKos hires Mercedes Varas (Kipu Systems) as senior director of implementation and client experience.


Announcements and Implementations

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Community Care of North Carolina implements VirtualHealth’s Helios care management technology.

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Ophthalmic Consultants of Long Island (NY) joins the Healthix HIE. OCLI providers across 19 locations can now take advantage of Healthix’s real-time clinical alerts to stay on top of care events like admissions and discharges. OCLI is the first group of its kind to join the HIE.

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NextGen Healthcare leverages Availity’s health information network to make patient pre-registration solutions like insurance and verification and cost estimates available to its customers in real-time.


Government and Politics

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HHS proposes a new rule that would enable patients to access their health data from federally-funded providers at no cost and without delay. The rule, which would go into effect next year, would necessarily require providers and payers to adopt technology to make this real-time data-sharing possible. It would also give HHS the authority to call out organizations that don’t comply.


Research and Innovation

A Kareo survey finds that, due to the increasing complexity of patient payments and healthcare costs, nearly a third of providers surveyed expect to outsource their billing services within the next two years.


Contacts

Jenn, Mr. H, Lorre

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