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Business Briefs


 

HealthStream has relocated to its new offices in the Capitol View development downtown.

Nashville-based Cumberland Pharmaceuticals reported 38 percent revenue growth in the first quarter of 2019. Other highlights include FDA notification the company's new drug application (NDA) for methotrexate was complete and acceptable for filing, along with a September 2019 date for an approval decision. Cumberland has also reached an exclusive agreement with Hong Kong's WinHealth Pharmaceuticals to assume responsibility for Acetadote® and Caldolor® in China, the world's second largest drug market for pharmaceuticals after the U.S. The company recently completed a strategic review of their portfolio, partners and organization to guide decision-making.

Omega Healthcare Investors, Inc. and Nashville-based MedEquities Realty Trust, Inc. have announced the completion of Omega's acquisition of all of the outstanding shares of MedEquities. The transaction represents an enterprise value of approximately $600 million for MedEquities and further diversifies Omega's assets and operators. Following the acquisition, Omega will continue to be the premier publicly traded real estate investment trust (REIT) focused principally on skilled nursing facilities (SNFs), by adding a diversified portfolio of investments including 34 properties located in 7 states and operated by 11 different operators.

Nashville-based BerniePortal announced the launch of the BerniePortal Broker Network in late May. Searchable on the BerniePortal website, this network allows employers to find and access local HR and benefits expertise quickly and easily. Unveiled at BerniePortal's recent users conference, Weekdays with Bernie, over 100 local brokerage partner firms across the country have already created profiles on the network. Through the Broker Network, employers can search by location and view brokerage descriptions, scope of practice, and client reviews.

Last month, Community Health Systems, Inc. announced definitive agreements to sell two Florida hospitals to affiliates of Adventist Health System Sunbelt Healthcare Corporation. The two hospitals are 193-bed Heart of Florida Regional Medical Center in Davenport and 160-bed Lake Wales Medical Center in Lake Wales. Subject to customary regulatory approvals and closing conditions, the transaction is expected to close in the late third quarter of 2019. In other corporate news, CHS Division President Paul Smith has announced plans to leave the company by the end of this month.

Last month, Nashville-based PathGroup, one of the largest private providers of pathology, clinical and molecular laboratory services in the United States, announced that it has acquired Pathologists Bio-Medical Laboratories (PBM), a leading provider of pathology services based in Dallas.

Murfreesboro Medical Clinic and SurgiCenter (MMC) has selected Allscripts Healthcare Solutions' 2bPreciseTM to support its precision medicine strategy, beginning with pharmacogenomics (PGx) at the point of care. An advocate of genomics and PGx, MMC providers found it difficult to apply genomic insights to medical decisions during patient encounters because test results were not integrated with clinical information or easily available within the EHR workflow. Now, 2bPrecise, a wholly owned Allscripts subsidiary, will serve as the final bridge between the science of genomics and clinical application. It consumes data from any lab source or knowledge base and delivers it in an actionable format and vocabulary to the clinical workflow, regardless of the provider's EHR.

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Collective Of Black Doulas Partners With Ascension Saint Thomas Hospital Midtown

Collective Of Black Doulas Partners With Ascension Saint Thomas Hospital Midtown

In recognition of Black Maternal Health Week, Ascension Saint Thomas Hospital Midtown was honored to host the ladies of Homeland Heart Birth & Wellness Collective, a Nashville-based non-profit collective of African American doulas.

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American Health Partners Purchased By The Mitchell Family Office

CEO Michael Bailey hails the new investment as "exciting new chapter" for the Company

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New Podcast

New Podcast "Arts for the Health of It" Empowers Listeners to use the Arts to Address COVID-19 Burnout and Promote Well-being

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American Cancer Society Names Dr. Karen Knudsen as its Next CEO

American Cancer Society Names Dr. Karen Knudsen as its Next CEO

Karen E. Knudsen, MBA, Ph.D., will be the next chief executive officer of the American Cancer Society (ACS) and its advocacy affiliate, the American Cancer Society Cancer Action Network (ACS CAN), starting June 1, 2021. She will take the reins from the retiring Gary Reedy, who has served as both organizations' CEO since 2015.

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AccuReg Launches EngageCare™: One Integrated Digital Platform Manages Patient Access, Intake and Engagement Across the Entire Care Setting

AccuReg Launches EngageCare™: One Integrated Digital Platform Manages Patient Access, Intake and Engagement Across the Entire Care Setting

EngageCare improves patient safety and satisfaction, maximizes net revenue and consolidates vendors

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emids Acquires Quovantis Technologies in Latest Expansion of Human-Centered, Design-Led Product Development and Software Engineering Capabilities

Deal signals the next chapter in the company's focus on driving digital customer experience and innovation in the payer, provider and life sciences sectors

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Monogram Health Opens Operations Hub in Arizona

Tempe Location Supports Delivery of Kidney Care Services Across U.S.

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"Lift a Parent, Raise a Child"

The April Campaign Focuses on Building Resilient Homes for TN Families

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5by5 Partners with Jeff Atwood as Healthcare Expert in Residence

5by5 continues working with top-level talent through its ground-breaking program

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NorthCrest Health Reaches Agreement to Join TriStar Health

Agreement ensures access to quality healthcare services in Robertson County, addresses evolving healthcare needs of community and surrounding area

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U.S. Army and Vanderbilt University Medical Center Formalize Trauma Training Program

U.S. Army and Vanderbilt University Medical Center Formalize Trauma Training Program

Vanderbilt University Medical Center (VUMC) is becoming an official site of the U.S. Army Military-Civilian Trauma Team Training (AMCT3), formalizing a longstanding relationship between the two entities that is built on a history of collaborative success.

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NeurOptics Launches Pupillometry Program at Vanderbilt University Medical Center

Neurological intensive care unit implements pupillometry as an important tool to support management of patients with brain injury

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Medication-Assisted Treatment Center to Open March 29 in Cleveland

New center to offer outpatient care for adults who are struggling with opioid addiction

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Help the Red Cross refuel the blood supply

Help the Red Cross refuel the blood supply

Race to give blood for a chance to win a trip for four to the 2022 Indianapolis 500®

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COA of Middle Tennessee is Now AgeWell

The Council on Aging of Middle Tennessee recently unveiled a rebrand as AgeWell Middle Tennessee.

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Spiras Health Names Bowers CEO

In late January, Spiras Health announced expansion of its executive leadership team with the addition of healthcare veteran Scott A. Bowers as chief executive officer.

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Almost 300 Children Enrolled in Katie Beckett Program

The Division of TennCare and the Department of Intellectual and Developmental Disabilities (DIDD) announced that more than 290 children have been enrolled in the Katie Beckett Program since it opened for applications in late November 2020.

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CMS Approves Ascension Saint Thomas Program

Ascension Saint Thomas is the first health system in Tennessee, and one of the first in the nation, approved to provide Hospital Care at Home to Medicare fee-for-service patients.

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Glaser Joins Williamson Medical Group

Glaser Joins Williamson Medical Group

Williamson Medical Center recently welcomed a new primary care physician, Alessandra Glaser, MD, to Williamson Medical Group (WMG).

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Business Briefs

Local health tech powerhouse emids has been on an acquisition spree, announcing the company has acquired Canada-based Macadamian, a global full-service software design and development consultancy and one of the largest healthcare specialist firms of its kind.

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