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News 5/17/21

May 17, 2021 News No Comments

Top News

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1LifeHealthcare, parent company of One Medical, reports a Q1 loss of $39.3 million, offset by a 54% jump in Q1 revenue, no doubt attributable to its 31% increase in membership. The company, which went public in January, was accused several months later of offering COVID-19 vaccines to ineligible patients, including some with ties to company leadership in several states. The accusations, spurred on by an NPR report, prompted the House Select Subcommittee on the Coronavirus Crisis to launch an investigation in March into the primary care company’s vaccination practices, the results of which have not yet been released.


Webinars

June 3 (Thursday) 2 ET: “Diagnosing the Cures Act – Practical Prescriptions for Your Success.” Sponsor: Secure Exchange Solutions. Presenters: William E. Golden, MD, MACP, medical director, Arkansas Medicaid; Anne Santifer, executive director, Arkansas Department of Health – Office of Health Information Technology; Kyle Meadors, principal, Chart Lux Consulting. A panel of leading experts will provide practical guidance on how to prepare for the Cures Act. Will it upend your business model? What is information blocking? How can standardized technologies be applied to meet Cures Act requirements? What must I do now as well as in the next five years?

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


Acquisitions, Funding, Business, and Stock

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Automated medical transcription startup DeepScribe raises $5.2 million in a seed funding round. The company’s technology, developed by two of its co-founders while they were at UC Berkeley, also leverages speech recognition capabilities from IBM and Google.

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Prescription savings and telemedicine company GoodRx acquires competitor RxSaver from Vericast for $50 million. The company, which went public last September, last week reported a 20% increase in Q1 revenue to $160.4 million.


People

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TCS Healthcare Technologies names Kerry Winkle (Beacon Healthcare Systems) chief growth officer, and promotes Matt Fahner to chief product officer.


Announcements and Implementations

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Professional Physical Therapy begins offering its patients on-demand, in-home physical therapy through Luna and its patient-matching software.


Government and Politics

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Health officials in Nova Scotia will launch a pilot program to offer patients without a designated primary care physician access to a virtual care program powered by telemedicine company Maple. The region is experiencing a shortage of PCPs. Over 65,000 patients report being without a designated physician.


Other

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In Delaware, Sussex County Department of Libraries converts its Bookmobile to a mobile COVID-19 vaccination clinic with help from local emergency services and Beebe Healthcare. The county’s library department is no stranger to combining healthcare with its services: It installed telehealth kiosks at several branches earlier this year.


Sponsor Updates

  • EClinicalWorks posts a new episode of its podcast titled “How Software Updates Promote Usability and Patient Safety.”
  • Healthwise partners with the City of Boise, Idaho to develop and open the Hillside to Hollow Reserve and trailhead.

Blog Posts


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Jenn, Mr. H, Lorre

More news: HIStalk.

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News 5/12/21

May 12, 2021 News No Comments

Top News

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Health IT company DrFirst announces a $50 million equity investment from Sixth Street Partners, bringing its total raised over the last 12 months to $135 million.


Webinars

June 3 (Thursday) 2 ET: “Diagnosing the Cures Act – Practical Prescriptions for Your Success.” Sponsor: Secure Exchange Solutions. Presenters: William E. Golden, MD, MACP, medical director, Arkansas Medicaid; Anne Santifer, executive director, Arkansas Department of Health – Office of Health Information Technology; Kyle Meadors, principal, Chart Lux Consulting. A panel of leading experts will provide practical guidance on how to prepare for the Cures Act. Will it upend your business model? What is information blocking? How can standardized technologies be applied to meet Cures Act requirements? What must I do now as well as in the next five years?

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


Acquisitions, Funding, Business, and Stock

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Kidney care coordination company Strive Health will hire 250 new employees when it expands its headquarters in Denver later this year. The analytics-enabled company announced a $140 million funding round in March.

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Canadian Well Health Technologies attributes its record Q1 to the 345% year-over-year increase it saw in its software and services revenues. The company, which also operates 27 primary care clinics (including two in the US), has focused on expanding its EMR Group through recent acquisitions that have included OpenHealth, AdraCare, IntraHealth, and Doctors Services Group.

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Teen entrepreneurs Sage Khanuja and Nikolas Ioannou sell their digital patient screening startup to Galileo Health, a membership-based telemedicine company launched by One Medical founder Tom Lee, MD. The Seattle-based partners met at the University of Washington, where they enrolled as as early entrance students after the 10th grade. They’ve taken a leave of absence from college and are now working for Galileo. Terms of the deal haven’t been disclosed, though Lee has admitted that “the only surprise for us was having to get parental permission on the final agreement.”


People

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DataLink Software promotes Josh Hetler to EVP of business intelligence and Jesse Dion to VP of IT.

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Dispatch Health names Daniel Graf (Mindstrong Health) chief product officer, Dean Dalili, MD (Envision Physician Services) president of market operations, and Erin Denholm, RN (Trinity Health at Home) president of clinical operations.


Announcements and Implementations

Prism Vision Group implements Nextech’s IntelleChartPro EHR at its 70 affiliate locations.

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All Nations Health Center, an Urban Indian Health Program in Montana, has implemented Greenway Health’s Intergy EHR and practice management software.

Managed care organization Vaya Health (NC) selects VirtualHealth’s Helios care management software.

US Physiatry (TX) selects CareCloud’s RCM software and services.

Care coordination company Forcura develops Forcura Circle, a digital hub for document sharing, viewing, and signing between providers.


Contacts

Jenn, Mr. H, Lorre

More news: HIStalk.

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News 5/10/21

May 10, 2021 News No Comments

Top News

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Atlanta-based IT and managed services provider Medicus IT acquires California-based HITCare, a health IT services and consulting firm focused on nonprofit community health centers and human services organizations.

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Medicus IT founder and CEO Chris Jann has a nearly 20-year background in health IT, having also worked at Aprima, Cerner, and VitalWorks. Brother (presumably) Mike Jann, Medicus IT’s client virtual CIO, has a similar track record at enterprise IT firms.

Medicus and HITCare will retain their respective leadership teams for the time being.


Reader Comments

From Down in the Dumps: “Re: Aprima hack. Word on the forums is that Aprima’s downtime over the last several weeks didn’t start with them, and that law enforcement has gotten involved.” I have yet to hear back from the EMDs and CompuGroup Medical reps I emailed last week for details.


Webinars

May 11 (Tuesday) noon ET. “Modern Healthcare Innovation Leaders: How Top Health Systems Plan and Execute Innovation.” Sponsors: RingCentral, Net Health. Presenters: Todd Dunn, MBA, VP of innovation, Atrium Health; Paul Nagy, PhD, co-founder, Technology Innovation Center at Johns Hopkins Medicine; Roy Rosin, MBA, chief innovation officer, Penn Medicine; Patrick Colletti, founder, Net Health (moderator). This panel discussion will provide insights from innovative healthcare leaders who have embarked on the journey of planning and implementing innovation projects in their organizations and the wisdom they learned through the process. Topics will include predictive analytics and AI, potential challenges and risks of implementing innovation projects, challenges of interoperability and emerging technologies, and when to build versus buy when working with emerging and established vendors.

June 3 (Thursday) 2 ET: “Diagnosing the Cures Act – Practical Prescriptions for Your Success.” Sponsor: Secure Exchange Solutions. Presenters: William E. Golden, MD, MACP, medical director, Arkansas Medicaid; Anne Santifer, executive director, Arkansas Department of Health – Office of Health Information Technology; Kyle Meadors, principal, Chart Lux Consulting. A panel of leading experts will provide practical guidance on how to prepare for the Cures Act. Will it upend your business model? What is information blocking? How can standardized technologies be applied to meet Cures Act requirements? What must I do now as well as in the next five years?

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


Acquisitions, Funding, Business, and Stock

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Healthcare payments and analytics startup Sift Healthcare raises $2.5 million, bringing its total raised to $7 million.

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CareCloud reports a 36% jump in Q1 revenue to nearly $30 million. CareCloud CFO Bill Korn pointed out during the earnings call that, “First quarter results always include an element of seasonality due to the early-year impact annual patient deductibles have on the 65% of our revenues tied to the money collected by the doctors who are our clients.”

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Peloton-owned fitness business Precor selects Amazon Care as its employee healthcare provider. Precor is the virtual and in-person healthcare company’s first enterprise customer.

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Heartbeat Health raises $20 million in a Series B funding round. The company has developed a cardiology-focused platform that includes telemedicine, remote monitoring and diagnostics, and digital heart health programs.


Announcements and Implementations

Well Health Technologies makes its Tia Health and OSCAR Pro EHR systems available via the IPhone’s Health Record app.


Research and Innovation

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Researchers at West Virginia University determine that patients with chronic conditions benefit most from telemedicine visits for about a year, rather than ending at the six-month mark. A systematic review of real-time video calls, text messaging, and remote monitoring data found that patients experienced positive results with virtual visits that lasted nearly a year. Virtual care that lasted closer to 40 weeks produced mixed or neutral results. Lead researcher Jennifer Mallow says more studies need to be done to determine the ideal frequency of telehealth visits needed to improve care effectiveness, quality, safety and cost.


Other

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Healing Hands of Nebraska begins accepting payment in cryptocurrency. Clinic owner Demetrio Aguila III, MD doesn’t hesitate to try out new payment programs. Last year he announced patients could pay off their bills by volunteering at one of the practice’s partner organizations.

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DataBreaches.net reports that hackers known as “Lorenz” have put patient data from Wolfe Eye Clinic (IA) up for sale on its leak site. The hackers are also attempting to sell access to the clinic’s internal network.

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In today’s edition of “COVID-19 Vaccine Incentives” … Bran Castle in Romania offers tourists vaccinations and free passes to its torture chamber. The castle is tenuously linked to vampire celebrities Vlad the Impaler and “Dracula” author Bram Stoker.


Sponsor Updates

  • EClinicalWorks publishes a video case story from Potomac Urology, which uses the company’s cloud product.
  • PerfectServe recognizes 100 outstanding nurses in its inaugural “Nurses of Note” Awards program.

Blog Posts


Contacts

Jenn, Mr. H, Lorre

More news: HIStalk.

Get HIStalk Practice updates.
Contact us online.
Become a sponsor.

News 5/5/21

May 5, 2021 News No Comments

Top News

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Ambulatory surgery center software vendor HST Pathways merges with Simple Admit, which offers ASC-specific patient engagement and relationship management technology.

The merger comes just seven months after Bain Capital’s majority growth investment in HST Pathways, and its concurrent merger with competitor Casetabs.


Reader Comments

From Down in the Dumps: “Aprima hack. Have you heard anything about Aprima being completely down for practices?” I’ve heard from several readers that Aprima has been down for nearly two weeks. I’ve reached out to parent company E-MDs for comment.


Webinars

None scheduled soon. Previous webinars are on our YouTube channel. Contact Lorre to present your own.


Acquisitions, Funding, Business, and Stock

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Sheridan Capital makes an undisclosed investment in DAS Health, a Tampa, FL-based vendor of health IT including practice management, RCM, and cybersecurity.

Groups Recover Together, a network of opioid addiction treatment providers, will use a $60 million Series C funding round to expand its brick-and-mortar reach from 12 to 15 states by the end of the year, and to enhance its existing virtual care services.


Announcements and Implementations

Visiting Nurse Association Health Group adopts Muse Healthcare’s machine learning and predictive modeling software for risk stratification of its hospice patients.

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DuPage Medical Group (IL) implements Upfront Healthcare’s Visit Adherence software to help it improve patient no-show rates.


Government and Politics

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White House Vaccinations Coordinator and COVID Response Team member Bechara Choucair, MD says primary care physicians will be even more important to nationwide COVID-19 vaccination efforts as the federal government shifts its focus from mass vaccination sites to more strategic efforts aimed at helping 70% of adult Americans get one shot and 160 million get both by July 4. Vaccines for children between 12 and 15 are expected to be approved for use within the next week, while vaccines for those between 2 and 11 are likely to be approved in the fall.


Other

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Entrepreneur profiles ZiphyCare, an app-based house call company operating in New York and New Jersey. The startup’s model features care coordinators that perform exams and help connect patients to physicians via telemedicine from the comfort of their homes. Founder Rada Sumareva, DDS plans to expand to Florida in the next few months.

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Boost Mobile adds unlimited telemedicine visits through K Health to its Unlimited Plus plan. Amwell, meanwhile, plans to add its service to smart TVs later this year. Virtual care will soon be not only ubiquitous, but may soon become the average consumer’s next utility (or utility add-on at the very least).

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G-Health Enterprises adds a chance to win a Tesla to the incentives it’s offering people to get the COVID-19 vaccine. G-Health manages a network of ACOs, IPAs, and practices in Buffalo, NY.

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And then there’s beer.


Sponsor Updates

  • Medicomp Systems releases a new “Tell Me Where It Hurts” podcast, “Reimaging Healthcare Through NLP.”

Blog Posts


Contacts

Jenn, Mr. H, Lorre

More news: HIStalk.

Get HIStalk Practice updates.
Contact us online.
Become a sponsor.

News 5/3/21

May 3, 2021 News No Comments

Top News

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Well Health Technologies will become a majority shareholder in Doctors Services Group, a billing and administration company that specializes in helping practices serve uninsured patients. Both companies are based in Canada. Well Health will fold DSG into the billing division it created last fall through its acquisition of DoctorCare.


Webinars

None scheduled soon. Previous webinars are on our YouTube channel. Contact Lorre to present your own.


People

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CareCloud promotes Steve Link to SVP of client operations and Loraine Goetsch to division president and SVP of integrations.


Announcements and Implementations

Family-focused behavioral health nonprofit Andrus selects Streamline Healthcare’s SmartCare EHR.

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Covenant Physicians Partners, a physician services company based in Nashville, selects NextGen’s Enterprise Practice Management and integrated Optical Management software.

Primary care company VillageMD will leverage technology from Qure Healthcare to help its providers improve documentation, enhance patient service and care quality, standardize clinical workflows, and decrease low-value care or referrals.

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Shields Health Care Group implements ERad’s radiology information system across its 30 imaging centers in New England.


Other

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Jack Tarr, MD reflects on the toll COVID-19 took on his practice, FamilyCare Specialists, in Knoxville, TN. From the shift to virtual visits, to managing the “hour-to-hour tension” caring for patients during the community’s peak, Tarr says not one staff member left. “Everybody stepped up and took that responsibility to serve the community,” the 70 year-old said. “I really noticed that everybody was willing to, in a sense, put themselves at risk for the good of the community and do their job here.”


Contacts

Jenn, Mr. H, Lorre

More news: HIStalk.

Get HIStalk Practice updates.
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