With the No Surprises Act taking effect in less than four months, it is critical that hospitals and providers leverage technology to ensure patients are informed about their expected care costs prior to receiving services. Despite industry improvements in the last several years, there remains a pressing need for more meaningful price transparency in healthcare. The No Surprises Act, in addition to recent revisions to existing Centers for Medicare and Medicaid Services (CMS) price transparency
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Archives for 2021
Invitae Acquires Ciitizen for $325M to Strengthen its Patient-Consented Health Data Platform
What You Should Know:
- Medical genetics company Invitae today announced its $325M acquisition of Ciitizen, a patient-centric consumer health tech company that offers a global platform to help patients collect, organize, store and share their medical records digitally.
- Ciitizen is a patient-centric consumer health technology platform that enables patients to collect, store and share their medical records in a single location. Ciitizen developed proprietary machine learning and AI
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Stryker Acquires Med Device Company Gauss Surgical
What You Should Know:
- Stryker today announced the acquisition of Gauss Surgical, a Menlo Park, CA-based medical device company that has developed Triton™, an artificial intelligence-enabled platform for real-time monitoring of blood loss during surgery. Financial details of the acquisition were not disclosed.
- Triton combines the power of A.I. with the simplicity of a mobile device to deliver accurate blood loss during surgery. Triton has demonstrated improvements in maternal and
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How Healthcare Can Weaponize Data to Fight Worldwide Disease
After more than a year since COVID-19 became a global pandemic, we now understand that part of the challenge in fighting it, and any infectious disease, is solving the underlying data problem.
Without reliable data, leaders can’t plan, epidemiologists can’t model, and citizens don’t feel confident following expert recommendations. Bad data has led to both poor behavioral and policy-oriented decisions, exacerbating COVID-19 and prolonging its consequences.
It’s not purely a data problem,
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How Digitizing AP Can Pay Dividends to Healthcare Organizations
Innovations in telehealth and other forms of remote care have dominated the tech focus of many healthcare organizations over the last year. But behind the scenes, business process automation has also been a big area of attention as CFOs look for new ways to reduce costs without impacting patient care. According to a Deloitte 2020 survey, cost reduction was an increased strategic priority for 83% of healthcare CFOs.
One of those cost reduction areas is Accounts Payable (AP). Recent
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Leveraging SDOH in Post-Pandemic Risk Modeling to Overcome Distorted Care Projections for 2021 and Beyond
The uncertainty and risk created by pandemic-related disruptions in care have health plans in uncharted water when it comes to relying on claims data and utilization patterns to inform their risk models. But while these disruptions weakened the reliability of traditional risk models, they also created opportunities to deepen and enrich member data by leveraging consumer and other data related to social determinants of health (SDoH) that can deliver significant performance and accuracy
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Solv Raises $45M to Expand Same-Day Appts & Virtual Care Options Nationwide
What You Should Know:
- Solv (Solv Health), a San Francisco, CA-based national network of healthcare providers making same-day and next-day healthcare accessible to anyone, announced it has raised $45M in Series C funding led by Acrew Capital and Corner Ventures. The Series C round also included participation from prior investors Greylock Partners and Benchmark Capital.
- The funding will support Solv's expansion of its national network of healthcare providers, consumer-driven
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Brightline Expands Virtual Behavioral Health Support For Kids, Teens, and Families Nationwide
What You Should Know:
- Brightline, a Palo Alto, CA-based provider of virtual behavioral health care for children and families, announced nationwide expansion of its first-of-its kind behavioral health coaching programs and digital platform, called Brightline Connect, to support families across the country.
- Brightline initially launched behavioral health coaching for children, teenagers, and parents and caregivers in spring 2021 to bring families tangible support — especially in the
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Lyra Health Launches Care Integration Solutions for Alcohol Use Disorder and Other Serious Mental Illnesses
What You Should Know:
- Lyra Health, a Burlingame, CA-based provider of comprehensive mental health care benefits for global employers, today announced the first technology-integrated care solutions designed to address serious mental health issues such as alcohol use disorder (AUD), suicidality, and other complex mental health diagnoses.
- Traditional employee assistance programs and health plans too often don’t effectively support people with serious mental illnesses and substance use
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H1 Launches Solution to Build More Inclusive, Successful Clinical Trials
What You Should Know:
- H1, which provides the largest global healthcare platform connecting the healthcare ecosystem, announced today that it has launched H1 Trial Landscape, the first solution that not only helps pharma and life sciences companies determine the required clinical experience levels for their clinical trials, but also enables them to find the best patient segments to improve inclusivity, retention and recruitment for successful trials.
- Studies have shown that more than
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