What You Should Know:
- Bardavon Health Innovations, a Workers’ Compensation and musculoskeletal (MSK) health company, today announced a Series C funding of $90 million led by investor Matrix Capital Management, a public and private investment firm, joined by WestCap, a growth equity firm.
- Bardavon, a privately held, Kansas City-based digital health partner, connects all stakeholders to better manage MSK injuries and health. Its prospective
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Archives for 2021
3 Ways Decentralized Clinical Trials Can Expand Diversity & Improve Participation Rates
I consider myself living proof of the American dream. In 1888, my great, great grandfather purchased a farm, Coleman Crest, that is still in our family today. Understanding his story and what he had to overcome during that period in history has given me such a great foundation and what still inspires me today.
My passion for chemistry began when I was a child. At a young age, I was diagnosed with a chronic illness and when things got tough, it was my pharmacist who gave me hope and
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Trinity Health Invests in Xealth to Expand Digital Health Engagement Between Clinicians and Patients – HLTH21
What You Should Know:
- Xealth, a Seattle-based provider enabling digital health at scale, today announced at HLTH21 that Trinity Health, one of the nation’s largest Catholic health care systems, has invested in the company, bringing the total Series B funding to $25 million.
- The announcements mark Trinity as one of 15 health system investors for Xealth: Advocate Aurora Enterprises, Atrium Health, Banner Health, ChristianaCare, Cone Health, Memorial Hermann, Nebraska
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HealthEdge Acquires Wellframe to Enter Member Engagement Market
What You Should Know:
- HealthEdge Software, Inc. (“HealthEdge”), a provider of the industry’s leading next-gen integrated solution suite for health insurers, today announced it has entered into a definitive agreement to acquire digital health management platform Wellframe Inc. (“Wellframe”). Financial details of the transaction were not disclosed.
- The company’s Digital Health Management platform enables health plans to modernize member-facing services, including care
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HLTH21: UnitedHealthcare Launches Virtual-First Health Plan, NavigateNOW
What You Should Know:
- UnitedHealthcare today announced the launch of a new virtual-first health plan called NavigateNOW designed to provide people with a personalized virtual care team to provide medical and behavioral health services with a seamless hand-off for in-person treatment if needed
- Through this new health plan, eligible UnitedHealthcare members will be able to receive various types of care, including wellness, routine, chronic condition management, urgent
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Rev Cycle Company Ensemble Health Partners Files to Go Public
What You Should Know:
- Ensemble Health Partners, Inc. (“Ensemble”), a provider of healthcare revenue cycle management solutions for hospitals and affiliated physician groups, announced it has filed to raise $649M for its initial public offering (IPO), at a valuation of $1.2B.
- Ensemble is offering 29,500,000 shares of its Class A common stock at an initial public offering price between $19 and $22 per share. It also intends to grant the underwriters a 30-day option to
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Skyflow Secures $45M to Expand Health Data Privacy Vault – HLTH21
What You Should Know:
- Skyflow, a Palo Alto, CA-based customer data privacy company, today announced a $45M Series B financing round led by Insight Partners. Additionally, existing investors Canvas Ventures and Foundation Capital as well as executives from Plaid and Coinbase Board Member Gokul Rajaram invested in the Series B. With this new investment, Skyflow has raised over $70M over the last 18 months, and is positioned for rapid growth.
- Skyflow delivers a zero-trust data
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GoCheck Raises $10M for Digital Pediatric Vision Screening to Protect Children from Vision Impairment and Blindness
What You Should Know:
- GoCheck, creator of GoCheck Kids, a digital vision screening platform, announced today an investment round of $10 million co-led by Hatteras Venture Partners and Pisgah Fund (affiliated with HCA). The round also included participation from new investors CU Healthcare Innovation Fund (affiliated with the University of Colorado) and WakeMed Hospitals Innovation Venture Fund, and existing investors Marc Benioff (Founder/CEO of Salesforce), Interwest Partners, FCA
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Ambetter, Teladoc Partner to Launch Virtual Access Health Plan in 4 States
What You Should Know:
- Health insurance offering Ambetter announced a partnership with Teladoc Health to launch a virtual access health plan in 2022 for Michigan, Mississippi, South Carolina, and Texas residents.
- Ambetter Virtual Access is a new, innovative health plan that will support affordable and convenient access to licensed virtual primary care providers as well as access to specialists, mental health providers and a Care Team to assist with navigating the platform
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Fraud-Proofing Your Telehealth Strategy
By now, you’ve likely read hundreds, if not thousands, of stories about telehealth and its precipitous rise sparked by the pandemic. While telehealth usage has dipped from its peak in April 2020, overall utilization is still 38 times higher than before the pandemic. The numbers lend credence to the numerous benefits touted throughout the public health emergency, most notably serving as a vital lifeline for high-risk patients, reducing the risk of exposure for staff, alleviating patient demand on
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