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Welcome to the weekly edition of Healthcare IT Today Bonus Features. This article will be a weekly roundup of interesting stories, product announcements, new hires, partnerships, research studies, awards, sales, and more. Because there’s so much happening out there in healthcare IT we aren’t able to cover in our full articles, we still want to make sure you’re informed of all the latest news, announcements, and stories happening to help you better do your job.
Exec Summary: The combination of technological advancements, regulatory changes, market dynamics, and increased investor interest is driving healthtech M&A valuations to new heights. Companies with innovative technologies, strong market positions, and the potential to address significant healthcare challenges are likely to be highly valued in today's M&A market.
The ink is officially dry on Providence-spinout Praia Health’s $20M Series A fundraise, and we couldn’t have asked for a better frame up of the startup’s potential impact than SignalFire’s investment memo on why it co-led the round. Praia Health is helping hospitals avoid the commoditized care caravan by enabling the creation of consumer profiles that extend beyond the medical record, allowing them to recreate the “digital flywheels” enjoyed by other industries.
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