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June 30, 2021 News No Comments

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Digital health clinic Ro acquires home-testing business Kit. The purchase complements Ro’s acquisition earlier this year of Workpath, which offers an API-powered platform for dispatching workers to provide in-home blood draws and nurse visits.


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Acquisitions, Funding, Business, and Stock

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St. Louis-based National Medical Billing Services will open an office in Osage Beach, MO to accommodate its growth.

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First announced in March, private equity firm and incubator Russell Street Ventures spins out its first company, Main Street Health. Led by RSV founder and CEO and former CMMI Director Brad Smith, the company will focus on improving care access and quality for seniors living in rural areas. The startup, which has already raised $26 million, has developed its own care management technology and is in the process of rolling out a patient-facing app.

Blue Cross and Blue Shield of North Carolina and Deerfield Management announce a joint venture aimed at strengthening independent practices across the state. The practice management venture will offer integrated technologies; infrastructure, management, and support services; and analytics.


People

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Virtual physical therapy company IncludeHealth names Thomas Santo, MD (McKinsey) chief growth and strategy officer.


Announcements and Implementations

Flatiron Health adds Foundation Medicine’s genetic profiling capabilities to its OncoEMR.

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Summit Health announces GA of its first patient app. The company, formed in 2019 through the merger of Summit Medical Group and CityMD, has 200 locations in New Jersey, New York, and Oregon.

California’s Alameda County Health Care Services Agency selects billing and managed care software from Streamline Healthcare Solutions for its behavioral healthcare department.

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Bowen Center (IN) will implement NextGen’s Behavioral Health Suite, an integrated software solution for physical, behavioral, and oral healthcare.


Research and Innovation

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Hospitals, health systems, and corporations now own nearly half of America’s physician practices, according to new data from Avalere Health. Nearly 21,000 physician practices were acquired between January 2019 and January 2021, an uptick no doubt made possible by pandemic-induced financial struggles. The biggest jump in acquisitions has been among private equity firms and payers.


Other

Prima Pediatrics (CA) notifies patients of an April cyberattack.


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