As anticipated, health and wellness telemedicine company Hims will go public by merging with a special purpose acquisition company overseen by Oaktree Capital Management. Expected to wrap up by the end of the year, the merger will bring in up to $280 million and give Hims a $1.6 billion valuation.
Earlier this year, Hims founder and CEO Andrew Dudum said he hopes to see the company, which earned $100 million in revenue with 100-plus employees last year, eventually hit the $20 billion valuation mark.
Shandy Guharoy (Evolent Health) joins healthcare and social services referral software vendor Unite Us as CTO.
Population health management company Healthmap Solutions names co-chairman Eric Reimer CEO, co-founder Joe Vattamattam president and CFO, and co-founder Andrew Wall chief innovation officer.
Announcements and Implementations
DrChrono adds patient intake, engagement, virtual visit, and analytics capabilities from Weave to its tablet-based EHR.
Greenwich House (NY) implements TenEleven Group’s EHR with medication assisted treatment capabilities.
Health IT vendor Opus Behavioral Health announces GA of telemedicine software and services for addiction treatment centers.
Nextech Systems adds ambulatory surgery center charting features to its IntelleChartPro EHR for ophthalmologists.
Carolina Pediatric Therapy (NC) selects EHR and practice management software from MTBC’s CareCloud subsidiary.
New Jersey Urology becomes the first large, independent urology group to implement Epic.
Government and Politics
Montana Governor Steve Bullock announces that the state HIE – Big Sky Care Connect – will launch later this fall. Montana is one of two states without a statewide HIE. St. Vincent Healthcare, Billings Clinic, RiverStone Health, and BCBS Montana began a pilot HIE in 2015, and then used a CMS grant of $19 million to build out Big Sky Care, which already has 20 participants.
University of Virginia researchers are working with several public libraries to launch a pilot program that will help patrons use a library’s WiFi to access telemedicine appointments. Associate Professor of Nursing Pam DeGuzman, RN says that UVA’s research has found that virtually all of the state’s libraries offer at least a minimum speed that would be sufficient to stream a video visit. Our research has shown that, right now, we can’t find anyone who’s doing this.”
Maine Seacoast Mission’s ship, the Sunbeam V, will return to active duty after undergoing a $1.5 million overhaul that began in May 2019. The ship serves the islands, offering telemedicine, flu clinics, meals, and fellowship.
- The Power of Provider Schedule Availability (PerfectServe)
- The risks of EHR theater (Nordic)
- 3 Important healow TeleVisits Features (EClinicalWorks)
More news: HIStalk.