Complete HealthCare Solutions, Inc. has announced the acquisition of PDQ Billing Services, Myrtle Beach, South Carolina. Founded in 1993, PDQ Billing Services provides revenue cycle management and credentialing services to the ambulatory healthcare segment. Complete HealthCare Solutions, Inc.'s offering includes a robust set of clinical and financial solutions supporting the full scope of care delivery processes — including Revenue Cycle Management Services, Credentialing, Patient Pay Solutions,
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Philips Acquires Sleep Apnea Wearable Nightbalance to Expand its Sleep & Respiratory Care Portfolio
Philips announced that it has acquired NightBalance, a Netherlands-based digital health startup that has developed a sleep apnea wearable that is used to treat positional obstructive sleep apnea and positional snoring. Obstructive sleep apnea (OSA) is a serious disorder in which breathing pauses and re-starts during sleep. Common symptoms of obstructive sleep apnea syndrome are snoring and excessive tiredness during the daytime.When most of these pauses in breathing occur when you lie on your
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Imprivata Names Former Sutter Health Executive Wes Wright as CTO
Health IT security company Imprivata, today announced the appointment of former Sutter Health executive Wes Wright to Chief Technology Officer (CTO) to lead the company's global technology strategy. As part of his new role as CTO, Wright will provide technical leadership across all areas of Imprivata’s overall business plan and strategic vision. Prior to Imprivata, Wright most recently served as CTO of Sutter Health where he was responsible for the technical services strategies and operational
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Alphabet and Michael J. Fox Foundation Team Up to Use Verily Study Watch to Research Parkinson’s Disease
The Michael J. Fox Foundation for Parkinson's Research (MJFF) and Verily Life Sciences LLC, an Alphabet company has announced a new collaboration on a two-year sub-study in Parkinson's Progression Markers Initiative will include Verily Study Watch to add new dimension of health data. More than 800 participants will be equipped with Verily's multi-sensor investigational wearable device, to passively collect data on movement and physiologic and environmental measures continuously. The goal is to
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Innovaccer Raises $25 Million to Expand Unified Healthcare Data Platform
Innovaccer Inc., a Silicon Valley-based healthcare data platform company, announced today that it has raised $25 million capital in its Series B round of funding led by Westbridge Capital with participation from Lightspeed Ventures. This brings the total capital raised by Innovaccer to $41 million. Innovaccer plans to use the funds to continue building on its industry-leading suite and go-to-market capabilities.This includes enhancing its data platform by doubling down on its machine learning
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Wellist Lands $10M to Expand Integrated Patient Experience Solutions
Wellist, a Boston-based digital health startup focused in delivering Integrated Patient Experience Solutions to to address social determinants of health across their entire patient population has raised $10 million in Series A funding led by Summation Health Ventures. This investment will enable Wellist to expand in several key geographic markets and enhance its proprietary digital health platform that connects patients to non-medical support services. The patient experience market has grown
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Luna DNA Raises $4M for Community-owned Genomic and Medical Research Database
Luna DNA, the first community-owned genomic and medical research database has raised $4 million in funding from lead investors Illumina Ventures and Arch Venture Partners. Additional investors include UK-based Bridgelink Capital; Seattle-based Hemisphere Ventures; and Dr. Aristides Patrinos, a former leader of the Human Genome Project and current advisor to Luna DNA. The startup plans to use the funds to support the next phase in creating Luna’s research platform and engaging a global community
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MEDITECH EHR Expands Global Presence to United Kingdom & Ireland
MEDITECH Holdings announce it is expanding its global presence and launching MEDITECH UK in the United Kingdom and Ireland. In partnership with MEDITECH in the United States, MEDITECH UK will deliver the web-based Electronic Patient Record (EPR) platform Expanse to customers in the UK and Ireland for the first time. MEDITECH Expanse is an integrated, web-based EPR designed for mobile, tablet-based navigation with a familiar web-user interface. Created collaboratively with consultants and
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MTBC to Acquire Assets of Orion Healthcorp That Could Increase Revenues by 50%
MTBC, a provider of cloud-based healthcare IT and revenue cycle management solutions has entered into an Asset Purchase Agreement ("APA") to acquire substantially all of the revenue cycle, practice management, and group purchasing organization assets of Orion Healthcorp, Inc. and 13 of its affiliate companies (together "Orion"), as the primary bidder in a Section 363 sale under the U.S. Bankruptcy Code. After the acquisition is closed, management expects the transaction would increase MTBC's
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Elliot Management Makes $6.5B Unsolicited Bid to Acquire athenahealth
athenahealth has received an unsolicited proposal from Elliott Management to acquire the Company for $160 per share in cash that could be worth about $7 billion, including debt, CNBC first reports.In a letter sent to athenahealth’s management, the activist firm stated, “It is clear to us and becoming clear to many others that Athenahealth’s potential will never be realized without the kind of operational change that the company seems unable to deliver.” The letter also states that Elliot
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