Morning Headlines 2/17/23

Morning Headlines 2/17/23

February 16, 2023 Headlines No Comments Avaya Files For Chapter 11 Bankruptcy After Cloud Subscription Accounting Woes
Unified communications and collaboration services vendor Avaya, whose healthcare offerings include solutions for virtual care, collaboration, and patient access technology, files for Chapter 11 bankruptcy for the second time in six years.
Elation Health Acquires Medical Billing Company Lightning MD to Accelerate Market’s First Primary Care All-in-One Solution
Primary care EHR vendor Elation Health acquires practice-focused medical billing company Lightning MD.
Spacelabs Healthcare Expands Clinical Informatics Capabilities with Acquisition of Predictive Analytics Company PeraHealth
Spacelabs Healthcare acquires PeraHealth and its Rothman Index patient deterioration software for undisclosed…

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Elation Health Acquires Lightning MD to Build Primary Care All-in-One Solution

Elation Health Acquires Lightning MD to Build Primary Care All-in-One Solution

What You Should Know:– Primary care EHR Elation Health acquires cloud-based medical billing and payer connectivity provider Lightning MD, a platform that was created by nurses. Financial details of the acquisition were not disclosed.The acquisition is part of Elation Health’s bid to be a one-stop shop for all primary care — something that co-founder and CEO Kyna Fong, Ph.D., has been driving despite all the odds.As part of the acquisition, Elation will continue to support practices integrated with over 20 practice management and billing solutions connected via the Elation application programming interface (API).Lightning MDFounded in 2017 by registered nurses Kelly Schoenfeld and…

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Elation Health Buys Medical Billing Company to Create All-in-One Tech Platform for Primary Care Providers

Elation Health Buys Medical Billing Company to Create All-in-One Tech Platform for Primary Care Providers

Elation Health — a San Francisco-based company that sells its electronic health record (EHR) and other technology solutions to primary care providers — on Thursday announced its  acquisition of medical billing firm Lightning MD.
The deal will help Elation become an all-in-one technology platform for primary care offices, CEO Kyna Fong said in a recent interview. Fong founded Elation with her brother in 2010. The siblings grew up in Canada, where their father was a primary care physician — and a passionate one. He was so passionate that he ended up moving his family to the U.S. because he couldn’t “practice the…

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Centura Health Acquires Utah Care Sites from Steward Health Care

Centura Health Acquires Utah Care Sites from Steward Health Care

What You Should Know:Centura Health, one of its two joint operating sponsors, CommonSpirit Health, and Steward Health Care today announced an asset purchase agreement (APA) for CommonSpirit Health to acquire Steward’s Utah care sites, which include five hospitals, more than 35 medical group clinics, and a clinically integrated network of care providers.As part of the acquisition, Centura Health will manage the five hospitals and their affiliated clinics which includes Davis Hospital and Medical Center in Layton, Jordan Valley Medical Center in West Jordan, Jordan Valley Medical Center-West Valley Campus, Mountain Point Medical Center in Lehi and Salt Lake Regional Medical Center…

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Vendor Notebook: new tools and acquisitions from OptumRx, ScionHealth, others

Vendor Notebook: new tools and acquisitions from OptumRx, ScionHealth, others

It’s a new year, and healthcare technology vendors are rolling out their latest innovations, market approvals, acquisitions and staffing shake-ups.OptumRx launched Price Edge, a tool that compares pricing for traditional generic drugs to ensure members get the lowest prescription drug prices. A suite of new tools for both patients and providers target aspects of pharmacy logistics that have been known to delay or complicate care, such as getting real-time pharmacy benefits information and obtaining prior authorizations. In October, Optum, UnitedHealth Group’s pharmacy services company, merged with data clearinghouse Change Healthcare. The U.S. Department of Justice tried to block the merger and is appealing the…

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