Cerner sells revenue cycle outsourcing business
Revenue cycle company R1 acquired Cerner’s RevWorks business. The company will also acquire commercial, non-federal clients as part of the deal.
Report: Optum in talks to acquire AbleTo for $470M
UnitedHealth Group’s Optum subsidiary is reportedly in advanced talks to acquire AbleTo. The company, which provides behavioral telehealth services, has seen an uptick in users during the pandemic.
Reducing Clinical and Staff Burnout with AI Automation
As technology advances, AI-powered tools will increasingly reduce the administrative burdens on healthcare providers.
Study: Hospital M&A doesn’t improve patient care
The study, published in the New England Journal of Medicine, showed a decline in patient experience after hospitals had merged.
EMR companies DocuTAP and Practice Velocity will merge
According to a post on both urgent care EMR vendors' websites, the combined company will continue to support DocuTAP's and Practice Velocity's platforms and will offer solutions for consulting, patient engagement and teleradiology to the shared clients.
Biogen to acquire gene therapy company Nightstar Therapeutics for $800M
The biotech company said the deal would allow it to strengthen its ophthalmology pipeline. It follows last week's acquisition of Spark Therapeutics by Roche for $4.8 billion.
What does the $74B BMS-Celgene deal mean for 2019? Investors at JPM weigh in
After a bruising second half of the year, more biotech companies could be targeted for buys, along with the possibility of additional large deals.
The Funding Model for Cancer Innovation is Broken — We Can Fix It
Closing cancer health equity gaps require medical breakthroughs made possible by new funding approaches.
What will be the impact of healthcare consolidation on primary care?
Health insurance companies are right to think that there is some magic that can happen when the relationships between payers and providers are rationalized. However, it is far from clear that what is good for the conglomerate is good for the patient.
Walgreens has nixed the Rite Aid deal and will buy 2,000+ stores instead
The original agreement between Walgreens and Rite Aid is no more. Rather, Walgreens will pay $5.175 billion to purchase 2,186 Rite Aid stores.
Anthem ends Cigna deal, but refuses to pay $1.85 billion breakup fee
The mega-merger between Anthem and Cigna is no more. But the saga isn't over yet. Although Cigna is seeking a termination fee, Anthem has refused to pay it.
When’s the best time to sell your healthcare business? (Hint: it’s now!)
2017 and 2018 will likely be the best years for selling your healthcare business after which economic uncertainty is anticipated, so deals will be harder to initiate and close.
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Transforming Patient Care: The Role of AI-Powered Assistants
The progress in artificial intelligence (AI) is reshaping patient care, across various dimensions, from facilitating faster discharge to curating treatment plans and suggesting lifestyle changes.
Morning Read: Walgreens buying Rite Aid, $390M Novartis kickback settlement
Also, Novartis has agreed to settle U.S. kickback allegations for $390 million and nearly 200 groups rally to save AHRQ.
Persivia fires next shot in health IT big data arms race
The nascent precision-medicine and analytics firm has acquired inpatient clinical intelligence provider IHM Services Co., and will go up against the likes of NantHealth, IBM Watson Health, Salesforce, Qualcomm Life and others.
Anthem-Cigna merger plan draws strong reactions from many sources
Last week's news that mega-health insurer Anthem has agreed to acquire fellow mega-health insurer Cigna for $48.4 billion has created quite a stir, especially since two more giants, Aetna and Humana had announced just three weeks earlier that they would merge for $37 billion.
Alere Analytics rolled into new precision-medicine firm Persivia
Husband-and-wife entrepreneur team Mansoor Khan and Dr. Fauzia Khan are rolling their established Alere Analytics, maker of technology for clinical decision support and chronic disease management, into their newly launched precision-medicine firm Persivia.
CVS to buy LTC pharmacy chain Omnicare for $12.7B
CVS Health is expanding again, agreeing to pay $12.7 billion to acquire Omnicare, a Cincinnati-based pharmacy chain serving long-term care facilities.