Health IT Business News – October 16, 2018
HealthEC Helps ACO Partners Generate $21.4 Million in Medicare Shared Savings for 2017 Performance Year
HealthEC (@HEALTHEC_LLC), a KLAS-recognized end-to-end provider of Population Health Management (PHM) solutions, announced that the firm helped all of its Accountable Care Organization (ACO) clients achieve $21.4 million in Medicare Shared Savings Program (MSSP) savings, and receive reimbursements totaling more than $9.5 million for the 2017 performance year.
RevSpring and Apex Revenue Technologies Complete Strategic Combination
RevSpring (@RevSpringInc), a provider of consumer communications, billing, and payments solutions, announced that it has completed the strategic combination of RevSpring and Apex Revenue Technologies. The combination makes RevSpring a premier healthcare provider of patient revenue cycle engagement, billing, and payments solutions generating over one billion consumer financial communications and $4 billion in consumer payments volume annually. RevSpring will also continue to maintain its focus on the financial services industry, including the critical accounts receivable management (ARM) market.
Waystar to Acquire Connance, Expanding Powerful Revenue Cycle and Predictive Analytics Technology for Health Systems and Hospitals
Healthcare revenue cycle technology providers Waystar (@Waystar_RCT) and Connance announced that the parties have reached a definitive agreement to combine their operations. The combined company, which will eventually operate under the Waystar name, will provide advanced workflow and predictive analytics solutions to health systems and hospitals.
InstaMed-DocuTAP Partnership Improves the Patient and Provider Experience for Urgent Care Centers Across the U.S.
InstaMed (@InstaMed), a trusted healthcare payments network, announced a partnership with DocuTAP, one of the nation’s fastest growing healthcare technology companies and provider of electronic medical records (EMR) and practice management (PM) software for urgent care clinics, to benefit urgent care centers across the U.S. by improving patient collections and simplifying the healthcare payments process. This partnership delivers integrated payment processing for their mutual customers. Increases in workflow efficiency plus new functionality create a better experience for staff and patients alike.
ClearDATA Achieves Amazon Web Services DevOps Competency Status
ClearDATA (@cleardatacloud), a security and compliance expert in the healthcare cloud, announced that it has achieved Amazon Web Services (AWS) DevOps Competency status. This designation recognizes ClearDATA’s proven technology and deep healthcare expertise to help payers and providers integrate onto the cloud with automated safeguards and configuration management tools on AWS.
Accenture and Merck Collaborate with Amazon Web Services to Launch a Research Platform to Drive Innovation in Drug Discovery and Scientific Research
Accenture (@accenture) and Merck, known as MSD outside the United States and Canada, in collaboration with Amazon Web Services (AWS), will launch a cloud-based informatics research platform designed to help organizations in the life sciences industry improve productivity, efficiency and innovation in the early stages of drug development.
AI Diagnostics Company IDx Secures Significant Funding From 8VC, Optum Ventures
IDx, the company that has developed the first and only FDA-cleared autonomous AI diagnostic system, has secured significant venture capital funding to accelerate market adoption and further develop additional diagnostic systems for its AI platform.
Aprima and Abyde Sign Partnership Agreement
Aprima Medical Software (@AprimaMedEHR), a provider of innovative electronic health record (EHR), practice management (PM) and revenue cycle management (RCM) solutions for medical practices, announced a partnership agreement with Abyde, the industry’s leading HIPAA compliance solution for medical practices.
Athenahealth Is Has Bidder Interest Over $135 Per Share
Athenahealth Inc. is attracting interest from at least five potential bidders as an auction for the health record technology company nears an end, according to people familiar with the offer.