HEALTH TECHNOLOGY, FUTURE OF HEALTHCARE
agilon health | March 02, 2023
On March 1, 2023, agilon health, the trusted partner empowering physicians to revolutionize healthcare, announced the acquisition of mphrX, a prominent provider of value-based care technology and interoperability solutions. Post this deal, mphrX will transform into a wholly-owned and operated subsidiary of agilon health.
Steve Sell, Chief Executive Officer, agilon health, stated, "At agilon, we are always looking for opportunities to better support our partners and help them more rapidly shift to a value-based, Total Care Model that improves patient outcomes and reduces costs." He added, "With this acquisition, agilon will be able to offer improved value for our partners and their patients earlier in our partnership, marking an important milestone as we scale our model into more communities."
(Source – Business Wire)
mphrX's Minerva Healthcare Data Platform makes use of FHIR-based standards to facilitate data aggregation, accessibility, and storage for healthcare providers operating in a variety of settings. The combination of Minerva and agilon's enterprise IT platform will improve performance and shorten the time it takes to deliver value to patients and healthcare providers by streamlining the onboarding of agilon partners and facilitating the integration of clinical data.
Mahesh Uberoi, President and Chief Executive Officer, mphrX expressed, "We are thrilled to be joining the agilon family and working together on our shared mission to transform health care." "The integration of Minerva into agilon's enterprise technology platform will provide greater access to our rich data set, enabling both companies to have a greater impact for our partners and customers," he concluded.
(Source – Business Wire)
The acquisition, which was finalized on February 28, 2023, represents an investment of $45 million by agilon. Meanwhile, the management does not expect mphrX to significantly impact agilon's adjusted EBITDA in 2023. Besides, mphrX retained Macquarie Capital as its sole financial advisor.
About agilon health
agilon health empowers physicians to revolutionize healthcare. It makes it easier for physician groups to switch to a value-based whole-care model for older patients using partnerships and a platform. The company's technology, people, money, process, and peer network of 2,200+ PCPs allow physician groups to keep their independence and focus on the entire health of their most vulnerable patients.
HEALTH TECHNOLOGY, DIGITAL HEALTHCARE
Memora Health and Perigen | January 09, 2023
Memora Health, one of the leaders in virtual care delivery and managing complex care, teamed up with PeriGen, a pioneer in using AI to make childbirth safer.
Memora Health, which has the finest intelligent platform for virtual care delivery and managing complex care, announced a partnership with PeriGen, the market leader in using artificial intelligence (AI) to make childbirth safer. It is the first partnership of its kind, which aims to give health systems a chance to use cutting-edge technology to keep an eye on and interact with obstetrics patients at home during labor and after the baby is born. Hence, this coordinated solution for women's health can be used by all healthcare systems in the country.
It is the first collaboration to combine an inpatient labor and delivery solution with a post-discharge monitoring tool for the same patients. As a result, Memora and PeriGen customers' reports improved results significantly.
"Health systems offering robust maternal and fetal monitoring that supports new families during labor and throughout their transition home can gain tremendous lifetime loyalty from these investments," said Manav Sevak, Co-Founder and CEO of Memora Health.
He further added, "We're excited to partner with PeriGen to offer this innovative solution that can help health systems continue to use their digital assets as a key strategic lever to remain competitive in a challenging market." (Source: PR Newswire)
Perigen, a company owned by Halma, makes innovative perinatal software solutions that use advanced statistical analysis tools to make care during childbirth more efficient and consistent. The company comprises skilled OB doctors and IT experts. The PeriWatch® platform provides consistent analysis and efficient display of complex data to help people recognize and talk about problems that might happen during labor. With PeriWatch®, doctors and nurses can spend more time directly caring for patients and less time doing manual math and data work.
About Memora Health
Memora Health helps healthcare organizations digitize and automate care programs, making complex care delivery easier for patients and staff. It creates computerized programs that help guide patients through care episodes. Its strong knowledge of clinical workflows and patient experience allows the creation of coherent digital programs that guide patients through care episodes and automate easy EHR follow-up chores for care teams. The company's digital care programs reduce notifications to care teams by 40%, have an average patient NPS of over 70, and improve engagement and clinical results for many groups.
HEALTH TECHNOLOGY, DIGITAL HEALTHCARE
Ventra Health | February 22, 2023
On February 21, 2023, Ventra Health, a leading revenue cycle management company, announced that it has successfully acquired Deras Global Services, a dependable provider of RCM services for hospital-based physician specialties based in the Philippines. Ventra Health is a technology-driven company providing practice management and advisory services, in addition to RCM, for hospital-based physician specialties.
This acquisition enables Ventra Health's entry into the Philippine market, expanding its global footprint and enhancing its capabilities in delivering RCM services. In addition, this marks a significant milestone in Ventra Health's global workforce development and service-delivery strategy. The transaction is another successful move in a busy first quarter for the renowned Physician RCM platform.
Steven Huddleston, Ventra Health CEO, shared, "Moving fast on accretive opportunities that enhance client delivery and growth is my top priority. We will continue to move aggressively when opportunities present themselves."
(Source – Cision PR Newswire)
Ventra Health's acquisition of Deras Global Services marks the company's expansion of its global presence, bringing its services to the Clark Freeport and Special Economic Zone. With over 300 employees and additional capacity for future growth, this acquisition represents a significant expansion of Ventra Health's operations in the region.
About Ventra Health
Ventra Healthis a leading provider of high-performance business solutions for physician practices, hospitals, and health systems, specializing in anesthesia, emergency medicine, and hospital medicine. The company partners with private practices, hospitals, health systems, and physician management organizations to deliver innovative solutions that solve healthcare providers' most complex revenue and reimbursement challenges. Its comprehensive range of solutions includes revenue generation, finance and operations, workflow re-engineering, and healthcare trend insight. Founded in 2021, Ventra Health is the result of a merger between Abeo, DuvaSawko, and Gottlieb, three prominent revenue cycle management companies in their respective fields.