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November 23, 2020 News No Comments

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Through its US subsidiary, Germany-based health IT company CompuGroup Medical will acquire ambulatory-focused health IT vendor EMDs for $240 million.

EMDs, which acquired competitor Aprima nearly two years ago, employs 1,400 people in the US and India to serve 60,000 practice-based end users.


Webinars

December 3 (Thursday) noon ET. “Why Patient-Centered Billing: How University Physicians’ Association Increased Revenue and Reduced Days to Pay.” Sponsor: Relatient. Presenter: Christy Bailey, VP, University Physicians’ Association. Financial recovery calls for a better patient financial experience as providers drive revenue, engage patients, and reduce costs and bad debt. The presenter will talk about patients as payers and how delivering a financial experience that meets their expectations can improve the financial outcomes of providers, hospitals, and health systems.

Previous webinars are on our YouTube channel. Contact Lorre to present your own.

Here’s the recording of last week’s webinar, sponsored by Mend, titled “Do You Really Have a Telehealth Program, Or Just Videoconferencing?”


Acquisitions, Funding, Business, and Stock

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Telemedicine and online prescription delivery company Ro opens its seventh prescription fulfillment center. The Texas-based operation will also serve customers in Arkansas, Louisiana, Missouri, Oklahoma, Tennessee, and Mississippi. The company, which raised $200 million in July, plans to open three more centers, which employ between 50 and 100 people, by the end of next year.

CentralReach acquires Cartocal and will incorporate its automated scheduling technology into its EHR, practice management, and billing software for providers specializing in applied behavior analysis.


Announcements and Implementations

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California-based FQHC TrueCare implements Epic at its 12 clinics through a partnership with nonprofit health IT organization OCHIN.

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Diagnoss announces GA of an AI-based coding assistant for medical billing that offers real-time feedback on documentation and coding. Co-founder, lawyer, and Fulbright Fellow Abboud Chaballout’s background includes stints with Imaging Advantage and Partners HealthCare, and the co-founding of finance-focused Optimal Healthcare Recovery.

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Orthopaedic & Sports Medicine Center (KS) selects NextGen Enterprise with Orthopedic Suite.


Government and Politics

Jacksonville, FL-based radiology practice Mori, Bean and Brooks will pay the federal government $1.4 million to settle allegations that it knowingly submitted false Medicare and Medicaid claims over a seven-year period for images that were ineligible for reimbursement because they were, in fact, read by professionals outside of the US.


Other

The Washington Post looks at the ongoing PPE shortages many smaller healthcare facilities are facing as COVID-19 cases continue to increase across the country. Unlike their hospital counterparts, which have bigger budgets and stronger and more reliable supply chains, clinics like the Codman Square Health Center in Boston are dealing with a dearth of supplies: “What we’ve realized is there is no cavalry coming,” says Director Genevieve Daftary. “We’ve learned to triage, not just the patients, but triage the PPE.”


Sponsor Updates

Blog Posts


Contacts

Jenn, Mr. H, Lorre

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