Ro considers going public via merger with a special purpose acquisition company in a deal that would value the online health, wellness, and prescription delivery company at $4 billion.
The New York City-based company raised $200 million in July, giving it a $1.5 billion valuation.
Competitor Hims went public last month through a merger with SPAC Oaktree Acquisition Corp. – a move that earned it a $1.6 billion valuation.
February 24 (Wednesday) 1 ET. “Maximizing the Value of Digital Initiatives with Enterprise Provider Data Management.” Sponsor: Phynd Technologies. Presenters: Tom White, founder and CEO, Phynd Technologies; Adam Cherrington, research director, KLAS Research. Health systems can derive great business value and competitive advantage by centrally managing their provider data. A clear roadmap and management solution can solve problems with fragmented data, workflows, and patient experiences and support operational efficiency and delivery of a remarkable patient experience. The presenters will describe common pitfalls in managing enterprise information and digital strategy in silos, how to align stakeholders to maximize the value of digital initiatives, and how leading health systems are using best-of-breed strategies to evolve provider data management.
Acquisitions, Funding, Business, and Stock
Specialty practice-focused health IT company Nextech acquires medical lead management software developer MyMedLeads.
Behavioral health services company Concert Health raises $14 million in a Series A round led by Vertical Venture Partners. The company works with primary care practices to integrate behavioral health into treatment plans via licensed providers and technology.
Practice optimization and RCM vendor Health Prime has named Pranil Vadgama (R1 RCM) president and CEO.
Announcements and Implementations
Banty announces GA of a white label telemedicine and patient engagement offering for practices.
The Texas-based Aspen Physician Network will use health information exchange capabilities from Hasa to underpin its clinically integrated network in the Dallas-Forth Worth area.
Online urgent care and walk-in clinic search tool developer Solv launches COVID-19 vaccine scheduling and logistics software for healthcare facilities.
Health workers and volunteers from the Josephine County Public Health department in Oregon administer COVID-19 vaccines to fellow stranded motorists. The JCPH team, traveling between vaccine clinics, didn’t want the six doses they had on hand to go to waste.
- The Sharp Index, in partnership with Medicomp Systems, announce the 2021 Annual Sharp Index Awards recipients for excellence in physician well-being.
- CHIME names Nordic Chairman of the Board Bruce Cerullo a Healthcare Hero for his work during the COVID-19 pandemic.
- MHS will integrate its CareProminence platform with the Healthwise Care Management Solution for health education.
- Near, far, [project] manage wherever you are (Nordic)
- Optimization Services: Make a Difference in 2021! (EClinicalWorks)
More news: HIStalk.