Industry News Update 9/15/23

Private equity firm Thoma Bravo is reportedly in advanced stages of negotiation to acquire NextGen Healthcare & The FBI and its partners shut down the Qakbot bot that was used to perform several recent cyberattacks on U.S. hospitals.

The HHS awarded $23 Million to support evidence-based teen pregnancy prevention programs & Waystar has confidentially filed for an IPO that could value the company at $8 billion.

The CMS issued a draft guidance on a new program to allow Medicare patients to pay out-of-pocket prescription drug costs in monthly payments & Oregon is the fourth state to enact a law requiring nurse-to-patient ratios at hospitals.

Endear Health raises $8 million in a Series A funding round from new and current investors & Several MEDITECH customers were recognized as industry leaders by Becker’s Hospital Review.

CVS Health is planning to open 50 to 60 Oak Street Health clinics in 2024 & The FDA has approved the medication zuranolone for the treatment of postpartum depression.

California’s health insurance exchange will reduce how much some patients pay for care next year & Amazon is expanding its range of health-focused apps and services with a platform called AWS HealthScribe.