Azalea in the News
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CIBC Innovation Banking Announces $30 Million Financing Solution for Azalea Health
CIBC Innovation Banking is pleased to announce a $30 million credit facility for Atlanta-based Azalea Health (“Azalea”). Azalea will use the capital to aid in its recent acquisition of dashboardMD, a cloud-based provider of business intelligence reporting solutions and healthcare analytics. The Azalea platform provides electronic health records integrated with…
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Healthcare Dealmakers—Intermountain, SCL Health’s 33-Hospital Merger; Invitae’s $325M Ciitizen Acquisition
Healthcare mergers and acquisitions are in no short supply as providers, health tech companies, payers and other industry players look to expand their businesses and gain a competitive edge. Here’s a roundup of new deals that were revealed, closed or called off during the month of September. Read the full…
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Deals Continued to Surge in Summer Months
In Q3, the health care sector continued to see a frenzy of merger and acquisition activity as providers, payers, life science and health IT companies announced major deals. According to an analysis from consulting and advisory firm KPMG, there were 252 deals in the health care sector in August alone, a huge…
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Azalea Health Acquires dashboardMD for Improved Analytics
On Sept. 8, EHR vendor Azalea Health announced its acquisition of dashboardMD, a provider of BI reporting and healthcare analytics. This union of cloud-based software solutions gives healthcare providers the ability to draw actionable insights straight from the electronic health records, leading to better patient outcomes through technology and data-augmented care. dashboardMD’s…
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12 Things to Know About the Biggest EHR Vendors
Despite the COVID-19 pandemic wreaking havoc on hospital operations, EHR purchasing activity saw an uptick in 2020. Epic, for example, saw its most successful year since 2015, when the company landed contracts with 144 hospitals, according to the KLAS Research “U.S. Hospital Market Share 2021” report. Here are 12 things to know about…
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Many Rural Area Security Leaders Struggle to Protect Health Systems
Securing health care is an uphill battle with providers balancing the need to drive innovation with simultaneously keeping patients safe from security and privacy risks. But the challenges facing small, rural, and other under-resourced providers are burdensome when many lack the budgets and staff to adequately secure the network. With gaps…
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