Finance

The publicly traded company, which announced it was seeking strategic alternatives for its business last month, will go private thanks to the merger.

Cedar Gate Technologies EVP David Morris compares the new model, which allows for a gradual approach to risk for more conservative and less experienced ACOs, and ACO REACH, which requires a greater tolerance for risk, but has more rewards.    

This is the latest in its string of acquisitions to expand its digital health portfolio.

Bill Kopitke, head of healthcare at Amazon Business, discusses how the company uses analytics to help improve operations and supply management in care settings.

Ryne Natzke, chief revenue officer at TrustCommerce, a Sphere company, explains how the company now allows patients to pay with digital wallets and integrates all payments into healthcare staff’s workflows to prevent billing errors.  

Also, Lunit has completed its acquisition of breast screening AI company Volpara.

Sonio will remain an independent company following the acquisition.

The company's stock price dropped after it released its first-quarter earnings and lowered its full-year guidance despite an increase in revenue.

Khue Tran, chief strategy officer at Azalea Health, shares how the company's products for rural health systems, including EHR and practice management software, RCM automation and touchless charting, drive efficiencies and boost reimbursement rates.

Clover Health reports first-time profitability on an adjusted EBITDA basis in the first quarter.