Company said it will use new funds to propel growth

NEW YORK—Vesta Healthcare, a virtual care provider in the homecare industry, announced it has closed a $65 million “Series C” funding round with new debt financing.

The round was led by RA Capital Management, with participation from Oak HC/FT, Chrysalis Ventures and others. The debt financing was provided by Horizon Technology Finance Corporation.

Partnership will add HealthPivots' data system to Netsmart's platform

OVERLAND PARK, Kansas—Netsmart announced its acquisition of HealthPivots, an Oregon-based market intelligence company for the post-acute care continuum. The company said the combination of Netsmart’s care platform and HealthPivots’ “DataLab” aims to provide consolidated data, advanced analytics and a platform to enhance the post-acute care provider transition to value-based care (VBC).

Eric Pauls will serve as the vice president of sales in North America

GOLETA, California—Inogen, Inc., a medical technology company offering in-home respiratory products, announced the appointment of Eric Pauls as vice president of sales in North America. Pauls previously worked with RQM+ as chief customer officer.

WPS & CMS inform individuals on the data breach & give instructions for moving forward

WASHINGTON—The Centers for Medicare & Medicaid Services (CMS) and Wisconsin Physicians Service Insurance Corporation (WPS), a CMS contractor, notified nearly one million individuals whose protected health information or other personally identifiable information (PII) may have been compromised in connection with Medicare administrative services provided by WPS. 

The couple who owned the home health company are sentenced to prison in $5.5 million kickback scheme & tax evasion

DETROIT—A married Macomb County couple, Noli and Isabel Tcruz, were sentenced to six years in prison and 38 months in prison, respectively, on health care fraud kickback conspiracy, tax evasion and fraud charges. U.S. Attorney Dawn Ison announced this sentencing following the sentencings earlier this year of two doctors who pled guilty to receiving kickbacks and bribes from the Tcruzes.

Stockholders are urged to vote for Masimo’s director nominees on Thursday, Sept. 19

IRVINE, California—Masimo Corporation, a noninvasive monitoring technologies and audio products company, mailed a letter to stockholders regarding its upcoming annual meeting of stockholders, which will be held on Thursday, Sept. 19. The letter highlighted the importance of stockholders’ votes in determining the future of the company and the value of their investment, the company said.