TREND Health Partners Acquires Advent Health Partners
TREND Health Partners, an independent healthcare payment integrity company, announced on December 15 that it has acquired Advent Health Partners, Inc. This strategic combination solidifies TREND’s position as a leading AI-driven payment accuracy and revenue integrity platform for healthcare payers and providers. The combined company will serve more than 50 health plans and nearly 1,000 hospitals. Based in Nashville, Tennessee, Advent Health Partners provides health systems and hospitals with revenue optimization plans to solve their financial problems. The company has developed CAVO®, its proprietary technology platform, which uses artificial intelligence to streamline the review of... Read More »
Navigating Digital Health in 2024: Insights from Rock Health
Rock Health’s “Digital Health at the Turn of 2024” report sheds light on trends shaping the trajectory of the healthcare industry in 2024. Drawing observations from an in-depth analysis of research, funding and partnerships, the report identifies noteworthy developments gaining momentum and facing challenges. AI in Healthcare and Value-Based Care Enablement: While AI in healthcare and value-based care enablement stand as burgeoning trends, the report highlights a current limitation in scalability. The authors emphasize crucial considerations for AI builders, addressing concerns such as algorithm bias and ethical implications. For stakeholders like providers, payers... Read More »
ConcertAI Acquires CancerLinQ
ConcertAI, based in Cambridge, Massachusetts, announced that it entered into an agreement to acquire CancerLinQ, based in Alexandria, Virginia. CancerLinQ is an oncology data platform developed by the American Society of Clinical Oncology, Inc. that collects and aggregates longitudinal electronic health record data from oncology practices throughout the United States. By using data from nearly 7 million patient records, CancerLinQ helps improve health outcomes for all oncology patients and advances evidence-based research. ConcertAI is the leader in Real-World Evidence and Generative AI technology solutions for life sciences and health care. It works with biomedical... Read More »
R1 RCM Acquires Acclara from Providence
R1 RCM announced that it is acquiring revenue cycle management (RCM) company Acclara from Renton, Washington-based health system Providence Health & Services. R1 RCM is buying Acclara for $675 million and warrants to purchase 12.2 million shares of R1 stock, according to a December 6, 2023 R1 RCM news release. Acclara supports patients and providers through streamlined billing and payment processes, improves financial performance and enhances patient experience. Founded in 2003, R1 RCM is a RCM company that services hospitals, health systems and physician groups across the United States. R1 RCM saw revenues of $1.8 billion in 2022 but a net loss of $57.6 million,... Read More »
HOPCo Acquires Remote Patient Monitoring Platform MyACTome
Healthcare Outcomes Performance Company (HOPCo), the largest orthopedic value-based care organization in the United States, continues its digital health platform expansion with the acquisition of MyACTome. As the only validated smartphone-based fall risk and frailty assessment platform, MyACTome leverages motion sensors within a smartphone to assess patient balance, walking dynamics and dynamic stability patterns to quantify patient biomechanical performance, frailty score and fall risk. Using the MyACTome digital solution, patient assessments are quickly performed in the clinic or at home without the need for external sensors or expensive equipment, with results available instantly... Read More »Schedule a demo
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