Gentem raises $3.7 million in a seed funding round that will help the company scale its RCM technology for physician practices. The startup hopes to stand out from competitors by offering customers up-front payments. The company’s six employees come from Stanford, Facebook, and JPMorgan.
HIStalk Practice Musings
Readers celebrate Library Shelfie Day, created by the New York Public Library in 2014 to encourage book lovers to share selfies of themselves in front of library shelves – public or personal. Email me your #shelfies and I’ll share with our readers. Perhaps we can inspire each other to check out new authors and ways of organizing our favorite books.
January 29 (Wednesday) 2:00 ET. “State of the Health IT Industry 2020.” Sponsor: Medicomp Systems. Presenters from Medicomp Systems: Dave Lareau, CEO; Jay Anders, MD, MS, chief medical officer; Dan Gainer, CTO; Toni Laracuente, CNO. Despite widespread adoption of EHRs, healthcare professionals struggle with several unresolved systemic challenges, including the lack of EHR usability, limited interoperability between disparate systems, new quality reporting initiatives that create administrative burdens, and escalating levels of physician burnout. Join the webinar to learn how enterprises can address current industry roadblocks with existing market solutions and fix health IT’s biggest challenges.
Acquisitions, Funding, Business, and Stock
ENT and Allergy Associates opens the new headquarters of Quality Medical Management Services USA, an affiliated company launched last year to offer consulting and business support services to physician practices. The 40,000 square-foot space in Tarrytown, NY will be home to QMMS leadership and 300 ENT employees.
Medical marketing software and services vendor DoctorLogic raises $7 million in a Series A round led by Unbundled Capital.
Announcements and Implementations
R1 RCM announces GA of RCM software and services for large independent practices and hospital-owned medical groups.
Check-in kiosk company Clearwave develops tablet-based capabilities.
Government and Politics
ONC updates its Health IT Playbook for small practices to include sections on reducing health IT burden and better understanding how APIs can improve health information exchange and interoperability. The playbook also includes an updated security risk assessment tool.
The Louisiana Primary Care Association selects Certintell Telehealth as the telemedicine vendor for the state’s 38 FQHCs.
CurieMD launches in California to offer menopausal women access to virtual care and prescription drug delivery services.
A Contemporary Pediatrics survey of over 14,000 physicians finds EHRs and reimbursement to be top practice drawbacks. Between 60% and 69% said they have seen workloads and stress levels increase, placing blame on increased administrative work, burdensome technology, and higher patient volumes.
- Teledentistry: Expanding Access to Dental Care (EClinicalWorks)
- Telemedicine is leading all other initiatives in private practice (AdvancedMD)
More news: HIStalk.