Health IT company DrFirst announces a $50 million equity investment from Sixth Street Partners, bringing its total raised over the last 12 months to $135 million.
June 3 (Thursday) 2 ET: “Diagnosing the Cures Act – Practical Prescriptions for Your Success.” Sponsor: Secure Exchange Solutions. Presenters: William E. Golden, MD, MACP, medical director, Arkansas Medicaid; Anne Santifer, executive director, Arkansas Department of Health – Office of Health Information Technology; Kyle Meadors, principal, Chart Lux Consulting. A panel of leading experts will provide practical guidance on how to prepare for the Cures Act. Will it upend your business model? What is information blocking? How can standardized technologies be applied to meet Cures Act requirements? What must I do now as well as in the next five years?
Acquisitions, Funding, Business, and Stock
Kidney care coordination company Strive Health will hire 250 new employees when it expands its headquarters in Denver later this year. The analytics-enabled company announced a $140 million funding round in March.
Canadian Well Health Technologies attributes its record Q1 to the 345% year-over-year increase it saw in its software and services revenues. The company, which also operates 27 primary care clinics (including two in the US), has focused on expanding its EMR Group through recent acquisitions that have included OpenHealth, AdraCare, IntraHealth, and Doctors Services Group.
Teen entrepreneurs Sage Khanuja and Nikolas Ioannou sell their digital patient screening startup to Galileo Health, a membership-based telemedicine company launched by One Medical founder Tom Lee, MD. The Seattle-based partners met at the University of Washington, where they enrolled as as early entrance students after the 10th grade. They’ve taken a leave of absence from college and are now working for Galileo. Terms of the deal haven’t been disclosed, though Lee has admitted that “the only surprise for us was having to get parental permission on the final agreement.”
DataLink Software promotes Josh Hetler to EVP of business intelligence and Jesse Dion to VP of IT.
Dispatch Health names Daniel Graf (Mindstrong Health) chief product officer, Dean Dalili, MD (Envision Physician Services) president of market operations, and Erin Denholm, RN (Trinity Health at Home) president of clinical operations.
Announcements and Implementations
Prism Vision Group implements Nextech’s IntelleChartPro EHR at its 70 affiliate locations.
All Nations Health Center, an Urban Indian Health Program in Montana, has implemented Greenway Health’s Intergy EHR and practice management software.
Managed care organization Vaya Health (NC) selects VirtualHealth’s Helios care management software.
US Physiatry (TX) selects CareCloud’s RCM software and services.
Care coordination company Forcura develops Forcura Circle, a digital hub for document sharing, viewing, and signing between providers.
More news: HIStalk.