What You Should Know:
- Healthcare IT company emids announced the acquisition of Canadian-based Macadamian, a global full-service healthcare software design and development consulting firm.
- The acquisition reflects emids’ response to accelerated investment in digital health and provides it with a competitive advantage as the addition of design capabilities allows it to support the entire continuum of customers’ digital transformation efforts.
- A milestone in the company’s growth
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Archives for 2021
Lyra Health Raises $187M at $2.3B Valuation for Digital Mental Health Platform
What You Should Know:
- Lyra Health just announced another massive funding round of $187M, bringing its total to approximately $462 million and the valuation to approximately $2.3 billion.
- The company, which previously raised a series D round in August of $110M at a valuation slightly above $1 billion has now more than doubled in value.
- Lyra Health also announced a new partnership with global benefits company ICAS, which now allows it to provide some level of mental health parity to
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A New System to Fit A New Economy: How Healthcare Can Recover From COVID-19
We are at a watershed moment. The COVID-19 pandemic has forced us to reevaluate our priorities both economically and with regard to public health. Living with a healthcare system that was created in response to an emergency measure during World War II, US consumers have struggled for more than a decade to control and understand the rising cost of healthcare. Unfortunately, employer-based health insurance and government-subsidized care continue to be the major drivers of cost and policy.
As
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Mammoth Biosciences, Agilent Partner on High-Throughput CRISPR-Based SARS-CoV-2 Diagnostic Test
What You Should Know:
- Mammoth Biosciences, the company bringing CRISPR out of the lab to help fight COVID-19 announced a partnership with lab giant Agilent to automate and scale its CRISPR-based high throughput testing system.
- Building on existing partnerships with Hamilton and Merck, this deal will help deliver a workflow capable of performing more than 4,000 COVID-19 tests per day.
Mammoth Biosciences, Inc. today announced a co-marketing agreement with Agilent Technologies to
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DarioHealth Acquires Musculoskeletal Solution Upright for $31M
What You Should Know:
- DarioHealth, a Livongo competitor acquires musculoskeletal startup Upright for $31 million to expand their chronic condition management capabilities focused on driving behavior change rather than treating the acute problem. This move will more than double revenue and create one of the largest integrated digital health companies in the space.
In addition, DarioHealth rasiess $70 million through a private placement of its common stock priced at the market pursuant to
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Adventist Health to Connect 21 Hospitals to California Health Data Network
What You Should Know:
-Adventist Health’s faith-based, nonprofit integrated health system announce it will be connecting 21 hospitals from Fort Bragg to Los Angeles and approximately 7 million patients to the California’s Manifest MedEx health information network.
- Joining Manifest MedEx will give Adventist Health access to powerful data and tools to serve patients, including longitudinal health records, real-time notifications on patient hospitalizations and lab results, and data
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Why CMS Will Lead the 2021 Kidney Care Revolution
After an unprecedented year, kidney care providers, including nephrologists, dialysis facilities, and care extenders are expecting 2021 to follow suit. We will see an overhaul in reimbursement and major industry shifts, partly led by CMS, that will require providers to advance their capabilities in a way that will usher in more widespread innovation. These new models encourage a shift in treatment approach that will deliver earlier interventions and better outcomes.
The following are
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How Automation is Key to the Future of Healthcare Operations
As the saying goes, necessity is the mother of invention. A similar correlation is seen in the quest to leverage innovation and out-of-the-box thinking to address key problems facing the healthcare industry. The ongoing COVID-19 pandemic has brought the immense pressure the U.S. healthcare system is under into sharp focus. Recent dynamics are compounded by the industry’s efforts to adopt newer ways of working and digitizing patient records, while implementing automation throughout their business
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VillageMD to Launch First Primary Care Clinic in Chicago
What You Should Know:
VillageMD announced its plans to open its first primary care clinic in Chicago through the acquisition of Primary Care Medical Associates at 1460 N. Halsted Street, Suite 202 in Chicago.
As part of the acquisition, Dr. Robert Perlmuter and providers will join Village Medical offering comprehensive primary care across a broad range of physician services, along with 24/7 care through telehealth and virtual care. The addition marks the 45th Village Medical office
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CHIME-KLAS Report Reveals 10 Key EMR Interoperability Trends
What You Should Know:
- New CHIME-KLAS interoperability report reveals steady
progress in some areas related to interoperability and leaps forward in others.
- A total of 67% of provider organizations reported they
often or nearly always had access to needed records in 2020, up from 28% in
2017. Providers noted improvements in functionality and usability for tasks
like locating and viewing records.
Both providers and the companies that produce the hardware and software needed
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