Consensus Cloud Solutions Acquires Summit Healthcare
Consensus Cloud Solutions, a trusted global source for the transformation, enhancement and secure exchange of digital information, announced that it has acquired Summit Healthcare Services in a deal finalized on February 4, 2022. Financial terms of the transaction were not disclosed. The combination of Summit Healthcare’s technology solutions and services with Consensus Cloud Solution’s advanced cloud and Natural Language Processing (NLP)/Artificial Intelligence (AI) capabilities will provide many benefits throughout the continuum of care, including improved staff productivity and care continuity, which will positively impact health outcomes. This is Consensus’ first acquisition as a... Read More »
Allscripts to Sell Hospital and Large Physician Practice Assets for up to $700 Million
Constellation Software Inc. completed its agreement with Allscripts Healthcare Solutions to acquire the net assets of Allscripts’ Hospitals and Large Physician Practices business segment, which largely focuses on electronic health record services and backend office support, through its wholly-owned subsidiary, N. Harris Computer Corporation. Allscripts’ Hospitals and Large Physician Practices business segment includes the Sunrise™, Paragon®, Allscripts TouchWorks®, Allscripts® Opal and dbMotion™ solutions. However, the assets of Allscripts’ Veradigm business segment are not included in this transaction and will continue to be owned by Allscripts going forward. According to... Read More »
Cerner Posts A Lower Than Expected Financial Performance
Cerner Corporation posted its financial performance for the fourth quarter of 2021, and the full year of 2021. Cerner is an electronic health record (EHR) vendor based in Missouri. For 2021, the company posted a revenue of $5.7 billion, which is up 5% from 2020 at $5.5 billion. Its net earnings for 2021 decreased from $780.1 million in 2020 to $555.6 million in 2021, which represents a 29% drop from the year before. In the fourth quarter of 2021, Cerner reported $1.45 billion in revenue, which is up from 2020 that reported $1.39 billion for the same period. Net earnings also rose in the final quarter, with $174.8 million, which is a 24% increase from $141.5 million in 2020. Yet, Cerner’s... Read More »
VillageMD Buys Chronic Care Management Company Healthy Interactions
On February 15, VillageMD announced the acquisition of Healthy Interactions, which helps patients manage chronic conditions through interactive educational programming as part of a stronger patient-provider relationship. Financial terms of the transaction were not disclosed. Healthy Interactions is a patient engagement company that improves outcomes of diabetes and other chronic medical conditions for hospitals, clinics and providers. Its services include small group sessions and a digital engagement platform aimed at supporting patients before and after a session. The virtual platform allows patients to track their goals and tap into educational resources, and to connect with healthcare... Read More »
SimpleHealth Acquires Fellow Contraceptive Care Company Emme
On February 16, SimpleHealth, one of the nation’s fastest-growing reproductive healthcare companies, announced the acquisition of Emme, a healthcare technology company focused on women’s health. The acquisition expands SimpleHealth’s birth control prescription delivery and telehealth services while addressing unmet needs in reproductive healthcare through a patient-centered approach. Emme is the first company to offer a fully integrated birth control system for pill management. The Emme Smart Case and app is an integrated technology-enabled solution designed to safeguard the birth control experience and help reduce the rate of missed pills. Emme’s connected Smart Birth... Read More »Schedule a demo
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