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Archives for 2021

Clearlake Capital-Backed Dude Solutions Acquires Facility Health Inc.

by Fred Pennic 12/14/2021 Leave a Comment

Clearlake Capital-Backed Dude Solutions Acquires Facility Health Inc.

What You Should Know: - Dude Solutions, a Clearlake-backed software company acquires Facility Health (FHI), a technology that helps healthcare organizations manage assets and facilities.  Today, Dude Solutions, the leading SaaS provider of cloud-based operations management solutions, backed by Clearlake Capital Group, L.P. (together with its affiliates “Clearlake”), today announced it has acquired Michigan-based Facility Health, Inc.
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Xandar Kardian Raises $10M for Contactless Health Monitoring

by Fred Pennic 12/14/2021 Leave a Comment

Xandar Kardian Raises $10M for Contactless Health Monitoring

What You Should Know: - Toronto-based startup Xandar Kardian raises $10M to empower digital automation of building control and contactless measurement of vital biomarkers. Xandar Kardian, a Toronto-based digital health startup announced today that it closed a $10 million Series A funding round led by Phoenix Venture Partners, Portfolia Active Aging & Longevity Fund and Taronga Ventures. Digital Automation with Radar Accuracy The occupancy sensor market is
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How the Powerful Forces of COVID-19 Changed the Healthcare Industry

by Ofir Paldi, CEO of Shamaym 12/14/2021 Leave a Comment

How the Powerful Forces of COVID-19 Changed the Healthcare Industry

As pressure eases, fundamental changes will last far beyond the pandemic As COVID-19 began surging across the globe in the early months of 2020, it almost immediately flooded health care providers with challenges and demands the industry had never before seen. Suddenly doctors’ offices were closed to patients, hospital emergency departments and ICUs were running out of beds, and healthcare workers were battling a new and unknown disease. Today, in the waning months of 2021, some of these
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Prolucent Health Raises $11.5M for Healthcare Workforce Optimization Platform

by Fred Pennic 12/13/2021 Leave a Comment

Prolucent Health Raises $11.5M for Healthcare Workforce Optimization Platform

What You Should Know: - Prolucent Health raises $11.5 million In Series A funding To advance workforce optimization In healthcare. - Prolucent Health will use the new capital to further expand its sales, marketing, and client services teams and broaden product capabilities. Prolucent Health®, a provider of enterprise-wide healthcare workforce optimization software and services, today announced it has raised $11.5 million in Series A funding co-led by SpringTide Ventures
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M&A: Phreesia Acquires Insignia Health to Improve Patient Experience

by Fred Pennic 12/13/2021 Leave a Comment

Phreesia Acquires Insignia Health to Improve Patient Experience

What You Should Know: - Phreesia’s acquires Insignia Health, a mission-oriented company dedicated to improving health outcomes through patient activation. - Insignia has an exclusive worldwide license for the Patient Activation Measure® (PAM®). Phreesia, a customized patient intake software platform today announce it has acquired Insignia Health, LLC, a founder-led and mission-oriented company dedicated to improving health outcomes through patient activation. The acquisition is a
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M&A: CentralReach Acquires ABA Tools

by Jasmine Pennic 12/13/2021 Leave a Comment

CentralReach Acquires ABA Tools to Promote Verbal Behavior in Children Diagnosed with Autism Spectrum Disorder

What You Should Know: - CentralReach, a provider of electronic medical record (EMR) software and services for ABA and related behavioral health providers, today announced the acquisition of ABA Tools, a software provider of digital materials for applied behavior analysis (ABA) therapy providers. - The acquisition adds to CentralReach’s suite of end-to-end solutions and provides ABA organizations with an alternative to paper-based learning materials,
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Deploying Advanced Decision Support for Better Sepsis Management

by Itay Klaz, MD, MHCI, Medical Director for Clinical Surveillance & Compliance at Wolters Kluwer, Health 12/13/2021 Leave a Comment

Deploying Advanced Decision Support for Better Sepsis Management

As the leading cause of hospital deaths in the United States, sepsis is a significant concern for patients and providers alike. In a 2020 study, the World Health Organization found a 46% mortality rate for patients treated in the ICU for sepsis. Sepsis care is expensive, costing the US healthcare system an estimated $33 billion per year. Data shows a single admission for sepsis care can cost anywhere between $22,000 and $70,000, making it the most expensive infection for hospitals, and
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Fraud Schemes in a Telehealth Era: What Healthcare Payers Should Know

by Fred Pennic 12/10/2021 Leave a Comment

Fraud Schemes in a Telehealth Era: What Healthcare Payers Should Know

What You Should Know: - Report from Codoxo that finds 10-15% of telehealth claims fall outside of approved CMS codes and indicates a high potential for rapidly increasing fraud schemes (and provider coding errors) in a new telehealth era. Codoxo, a provider of healthcare artificial intelligence solutions for healthcare payers and agencies, today released a new study revealing that among the 41% of provider specialties showing statistically significant increases for telehealth adoption,
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Health Systems Cite Telehealth as Top Tool to Improve Patient Access in 2022

by Fred Pennic 12/10/2021 Leave a Comment

Telehealth Named Top Tool to Improve Patient Access for Health Systems, CCM & KLAS Report Finds

What You Should Know: - Improving patient access to medical services is a top priority for health system leaders in 2022, according to new research from the Center for Connected Medicine (CCM) and KLAS Research. - According to new research, patient access was identified by health system leaders as the challenge in healthcare that can be best addressed with telehealth in the coming year. Nearly 99% of health systems identified improving patient access as a “high” or “very high”
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Medical Bills Continue to Plague Consumers as Source of Anxiety, Mystery and Frustration

by Jasmine Pennic 12/10/2021 Leave a Comment

Medical Bills Continue to Plague Consumers as Source of Anxiety, Mystery and Frustration

What You Should Know: - More than half (55%) of consumers find it stressful paying a medical bill, understanding their plan's coverage and benefits (53%) or comprehending what they owe (53%), according to results of Cedar’s Annual Healthcare Consumer Experience Study. - 4 in 10 (41%) are unsatisfied with their billing experiences, and nearly 90% of consumers would find it at least "somewhat useful" if their healthcare provider posted pricing information on their website around expected
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