HIStalk Update: June 9, 2025
Omada Health’s IPO debut and its subsequent performance dominate the headlines, revealing critical insights into the virtual healthcare market. This week’s HIStalk Update unveils leadership shakeups at NextGen Healthcare and Emory Healthcare, signaling notable shifts within the healthcare IT sector. We explore the implications of Madison Dearborn Partners’ investment in NextGen and what those changes mean for the company’s future. moreover, discover how Best Buy’s health division navigates challenges in hospital-at-home adoption, and analyze innovations, like Stanford Medicine’s ChatEHR and Emory Healthcare’s Epic implementation. News Directory 3 delivers the latest developments. Discover what’s next in the ever-evolving world of health IT.
omada Health IPO stalls, NextGen Changes Leadership
Omada Health, a virtual care company, saw its shares initially jump to $23 during its IPO debut Friday, a rise from the $19 offering price. Though, the stock closed at $19, maintaining the company’s $1 billion valuation from its last private funding round. The Omada Health IPO aimed to expand its reach in virtual healthcare.
Emory Healthcare has seen a significant shakeup in its technology leadership, with departures including its chief details and digital officer, CISO, and CTO.This follows the previous dismissal of its chief innovation officer and another C-suite executive. Emory announced the departure of Alistair Erskine, MD, MBA, in April, restructuring its CIDO roles.
nextgen Healthcare, previously taken private by Thoma Bravo in 2023, has a new investment partner, Madison Dearborn Partners, wich acquired a significant ownership position. Both firms will be involved in management. NextGen also announced that Sri Velamoor will succeed David Sides as CEO. This leadership transition marks a new chapter for NextGen Healthcare.
Best Buy reported a $109 million restructuring charge within its health division, citing slower adoption of its hospital-at-home offerings due to financial pressures on health system partners.
In other news, Emory Healthcare will invest $51 million to implement epic at its newly acquired Houston Healthcare.
San Mateo County Health has promoted Rich bailey, MS, formerly of MultiCare health system, to CIO.
Stanford Medicine is piloting ChatEHR,an AI chatbot focused on patient EHR data. The tool retrieves allergies, procedures, and lab results without interpretation and summarizes external hospital admission records.
