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Modivcare Inc. | May 19, 2022
Modivcare Inc. a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions focused on improving patient outcomes, announced the Company’s Remote Patient Monitoring Segment has acquired Guardian Medical Monitoring, LLC from its parent company, Guardian Alarm. Guardian Medical Monitoring is a leading provider of remote patient monitoring solutions to Managed Care Organizations and state Medicaid payors including Persona...
R1 RCM | January 11, 2022
R1 RCM Inc., a leading provider of technology-driven solutions that transform the patient experience and financial performance of healthcare providers, today announced that it has entered into a definitive agreement to acquire Cloudmed, a leader in Revenue Intelligence™ solutions for healthcare providers, in an all-stock transaction. The transaction values Cloudmed at approximately $4.1 billion, including $857 million of net debt, based on R1’s closing stock price on January 7, 20...
Managed Healthcare | April 13, 2020
They say in any crisis, one sound is opportunity knocking. COVID-19 certainly seems to have found telehealth’s door. No one is cheerleading for the pandemic, but the telehealth industry and its observers have been surprised by how quickly the healthcare system has pivoted to telehealth and providing care remotely. The course of the outbreak and its consequences are far from certain, but one of the lasting effects may be a fundamental shift in how American healthcare is delivered. Future re...
EHR Intelligence | March 26, 2020
Following the introduction of the HITECH Act’s meaningful use program, entrepreneurship and venture capitalism in the health IT field increased, according a study conducted in JAMA Network Open. Although increased entrepreneurship and venture capitalism in health IT may promote EHR innovation, especially at early-stage companies, clinicians remain dissatisfied with the product. The health IT business only saw about $2.7 billion in investments beginning in 2000. Following the passage of the...
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