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 »
Resurgens Technology Partners Acquires Valant Medical Solutions
Gemspring Capital, a private equity firm based in Westport, Connecticut, announced on December 4 the sale of Valant Medical Solutions to Resurgens Technology Partners. Aeris Partners served as financial advisor to Valant and McDermott Will & Emery LLP served as legal counsel to Gemspring. The financial terms were not disclosed. Valant Medical Solutions is a provider of SaaS-based electronic health record (EHR) and practice management software for behavioral health providers. It provides a comprehensive and differentiated software platform that enables customers to manage key operational, clinical and financial workflows to drive optimal business and patient outcomes. Valant... Read More »
BehaVR and Fern Health Merge to Form RealizedCare
BehaVR and Fern Health have signed an agreement to merge their businesses and create a new digital care management solution for chronic pain. Fern Health is a virtual chronic pain management program available through employers and health plans. Guided programs deliver exercise therapy, interventions for sleep, nutrition, daily movement and emotional health. Members are supported through pain-focused 1:1 clinical coaching and pain neuroscience education to improve function, reduce pain and avoid unnecessary healthcare costs. Fern Health was previously majority-owned by German life science company Grünenthal, with other minority investors. Founded in 2016 and headquartered in... Read More »Schedule a demo
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