Practice Management

Radformation to Accelerate AI-Based Solutions with Limbus AI Acquisition

Retrieved on: 
Wednesday, May 1, 2024

Radformation, Inc ., a leader in automation solutions for cancer care, announced today that it has acquired privately-held Limbus AI , a leading global provider of automated contouring software for radiation therapy.

Key Points: 
  • Radformation, Inc ., a leader in automation solutions for cancer care, announced today that it has acquired privately-held Limbus AI , a leading global provider of automated contouring software for radiation therapy.
  • This acquisition signifies Radformation’s commitment to driving innovation and expanding its AI-driven capabilities in cancer care.
  • “We share a similar vision to bring innovative software to patient care,” said Karl Otto, CEO of Limbus AI.
  • Radformation envisions a radiation oncology clinic where staff are equipped with solutions that supplement their expertise and automate tedious tasks, leading to better patient care everywhere.

BioTek reMEDys Celebrates the Work of Healthcare Professionals During Patient Experience Week

Retrieved on: 
Wednesday, May 1, 2024

Inspired by members of the healthcare community who interface directly with patients, Patient Experience Week, or “PX Week,” provides a focused time for organizations to celebrate accomplishments, re-energize efforts and honor the people who routinely have a positive effect on patient well-being.

Key Points: 
  • Inspired by members of the healthcare community who interface directly with patients, Patient Experience Week, or “PX Week,” provides a focused time for organizations to celebrate accomplishments, re-energize efforts and honor the people who routinely have a positive effect on patient well-being.
  • From nurses and physicians to support staff, pharmacists and executive professionals, to patients, families and communities served, the hope is to bring together healthcare organizations across the globe to observe PX Week.
  • BioTek reMEDys is a multi-site national integrated infusion therapy provider focused on providing support to people with rare diseases.
  • Through supply chain management, innovative technology and trained specialty pharmacists, BioTek reMEDys is able to deliver superior service at a lower cost.

Wipro to Implement Independent Health’s Medicare Prescription Payment Plan Platform

Retrieved on: 
Thursday, May 2, 2024

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, today announced they have been selected by Independent Health, Western New York’s only 5-Star Rated Medicare Advantage Plan, to implement Wipro’s Medicare Prescription Payment Plan (MPPP360) platform for the upcoming open enrollment period.

Key Points: 
  • Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, today announced they have been selected by Independent Health, Western New York’s only 5-Star Rated Medicare Advantage Plan, to implement Wipro’s Medicare Prescription Payment Plan (MPPP360) platform for the upcoming open enrollment period.
  • Starting in 2025, the Medicare Prescription Payment Plan will allow enrollees to make capped monthly payments for out-of-pocket prescription drugs, amongst other changes.
  • Wipro’s MPPP360 platform will assist Independent Health in streamlining the payment process to seamlessly integrate these new provisions, simplifying prescription cost management for Medicare recipients in Western New York.
  • Narayan Iyer, Vice President, Healthcare, Wipro Limited, said “We are excited to introduce our Medicare Prescription Payment Plan360 platform, better known as MPPP360, to Western New York.

Butterfly Network Reports First Quarter 2024 Financial Results

Retrieved on: 
Wednesday, May 1, 2024

Butterfly Network, Inc. (NYSE: BFLY) (“Butterfly” or the “Company”), a digital health company transforming care with handheld, whole-body ultrasound and intuitive software, today announced financial results for the first quarter ended March 31, 2024, and provided a business update.

Key Points: 
  • Butterfly Network, Inc. (NYSE: BFLY) (“Butterfly” or the “Company”), a digital health company transforming care with handheld, whole-body ultrasound and intuitive software, today announced financial results for the first quarter ended March 31, 2024, and provided a business update.
  • We are so encouraged by our first quarter results that we are confidently increasing our guidance for 2024.
  • Received EU MDR Certification for Butterfly iQ+: On March 20, 2024, Butterfly announced the attainment of its EU MDR certificate for the Butterfly iQ+ ultrasound system.
  • A conference call and webcast to discuss first quarter 2024 financial results and operational progress is scheduled for 5:00 pm ET on May 1, 2024.

Trovo Health Announces $15 Million Seed Funding Round Led by Oak HC/FT

Retrieved on: 
Tuesday, April 30, 2024

Trovo Health announced today that it is launching with a $15 million fundraise led by Oak HC/FT.

Key Points: 
  • Trovo Health announced today that it is launching with a $15 million fundraise led by Oak HC/FT.
  • Trovo uses an AI-powered platform backed by a multidisciplinary care team to help providers extend their capabilities.
  • As part of the news, Andrew Adams, co-founder and managing partner at Oak HC/FT, will join the board of directors at Trovo Health.
  • It plans to use the funding to further build out its technology platform, clinical operations and leadership team.

MultiPlan Corporation Announces Participation at Upcoming Conferences

Retrieved on: 
Tuesday, April 30, 2024

MultiPlan Corporation (NYSE:MPLN) (“MultiPlan” or the “Company”), a leading provider of technology and data-enabled end-to-end cost management, payment and revenue integrity solutions to the U.S. healthcare industry, today announced that members of its management team will participate in person at the following conferences in May 2024:

Key Points: 
  • MultiPlan Corporation (NYSE:MPLN) (“MultiPlan” or the “Company”), a leading provider of technology and data-enabled end-to-end cost management, payment and revenue integrity solutions to the U.S. healthcare industry, today announced that members of its management team will participate in person at the following conferences in May 2024:
    Goldman Sachs Ninth Annual Leverage Finance and Credit Conference – Tuesday, May 14th, 2024, at the Terranea Resort, Rancho Palos Verde, CA
    Bank of America Healthcare Conference – Wednesday, May 15, 2024, at the Encore Wynn, Las Vegas, NV (including a fireside chat at approximately 5:20 pm Eastern Time)
    Barclays Leverage Finance Conference – Tuesday, May 21, 2024, at the Omni Barton Creek, Austin, TX
    It is expected that current trends and first quarter 2024 performance will be discussed.
  • A live webcast and audio archive of the fireside chat at the Bank of America Healthcare Conference, if available, may be accessed through the investor relations section of MultiPlan’s website at investors.multiplan.us/events-and-presentations .
  • Individuals who listen to the event will be presumed to have read MultiPlan’s recent filings with the Securities and Exchange Commission.
  • Following the presentation, a webcast replay will be available for 30 days.

NuvoAir Medical Partners with Privia Medical Group — Georgia to Help Transform Cardiopulmonary Care with Virtual-First Care Model

Retrieved on: 
Tuesday, April 30, 2024

This collaboration marks a significant step forward in enhancing access to high-quality cardiopulmonary care for patients throughout the state of Georgia.

Key Points: 
  • This collaboration marks a significant step forward in enhancing access to high-quality cardiopulmonary care for patients throughout the state of Georgia.
  • Privia operates the state’s highest performing Accountable Care Organization (ACO), with more than 380 providers caring for over 515,000 patients.
  • "We are thrilled to have NuvoAir Medical partner with PMG — Georgia to enhance our capabilities in delivering comprehensive, cardiopulmonary care to our patients," said PMG — Georgia’s Chief Medical Officer, Dr. Zia Khan.
  • The partnership between NuvoAir Medical and PMG represents a significant milestone in advancing the future of healthcare delivery and value-based care by combining clinical expertise with cutting-edge technology to help transform cardiopulmonary care for patients throughout the state.

American Medical Administrators Partners with eClinicalWorks to Advance Value-Based Care and Enhance RCM Solutions

Retrieved on: 
Tuesday, April 30, 2024

In a strategic partnership, American Medical Administrators (AMA) and eClinicalWorks® , the largest ambulatory cloud EHR, today announced their collaboration to utilize eClinicalWorks and healow® for its enhanced, comprehensive, unified solutions.

Key Points: 
  • In a strategic partnership, American Medical Administrators (AMA) and eClinicalWorks® , the largest ambulatory cloud EHR, today announced their collaboration to utilize eClinicalWorks and healow® for its enhanced, comprehensive, unified solutions.
  • eClinicalWorks Cloud EHR and Revenue Cycle Management (RCM ) enable swift access to patient information, enhanced interoperability, and improved billing operations, which is critical for value-based care.
  • This partnership marks a significant collaboration between the two organizations, combining AMA's healthcare expertise with eClinicalWorks' technological innovation to transform patient care.
  • American Medical Administrators (AMA) is a 100-provider, physician-owned and driven organization that champions the autonomy and enhancement of independent provider family medicine.

Historic Growth and Unprecedented Momentum: Doc2Doc Lending Helps Meet the Financial Needs of Physicians with up to $100 Million from Rivonia Road Capital

Retrieved on: 
Tuesday, April 30, 2024

Doc2Doc, Inc. and Rivonia Road Capital LLC today announced a financing that represents a momentous stride in Doc2Doc’s trajectory.

Key Points: 
  • Doc2Doc, Inc. and Rivonia Road Capital LLC today announced a financing that represents a momentous stride in Doc2Doc’s trajectory.
  • Rivonia Road has agreed to provide up to $100 million, making this transaction the largest in the Company's history and affirming its dedication to offering impactful financial solutions exclusively and uniquely for doctors.
  • Understanding the financial challenges this transition presents, the Company remains committed to easing this journey for doctors in training.
  • By offering personal loans exclusively tailored to their needs, Doc2Doc lending alleviates the financial stress associated with this critical phase of their careers.

OACHC and AndHealth Partner to Bring In-House Specialty Care + Specialty Pharmacy to Ohio’s Community Health Centers

Retrieved on: 
Tuesday, April 30, 2024

AndHealth announced today its partnership with the Ohio Association of Community Health Centers (OACHC) which creates a statewide Whole-Person Community Care Model for Ohio’s Community Health Centers (CHCs) and the patients they serve.

Key Points: 
  • AndHealth announced today its partnership with the Ohio Association of Community Health Centers (OACHC) which creates a statewide Whole-Person Community Care Model for Ohio’s Community Health Centers (CHCs) and the patients they serve.
  • Ohio’s 59 CHCs, which make up Ohio’s largest primary care system, have an efficient pathway to add high-quality, affordable, and culturally competent whole-person specialty care and specialty pharmacy to their services.
  • The Community Whole Person Specialty Care Model emphasizes the integrity of pharmacy reimbursement for CHCs, and helps them grow their impact with new patients, while creating diversified revenue streams,” said Julie DiRossi-King, CEO of OACHC.
  • In aggregate across AndHealth’s partners, 67% of specialty care patients are new to the CHC and had been lacking adequate access to care for their specialty and chronic conditions.