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Archives for 2021

Siemens Healthineers, Prisma Health Form 10-Year Agreement to Innovate Healthcare for South Carolina

by Jasmine Pennic 06/22/2021 Leave a Comment

Siemens Healthineers, Prisma Health Form 10-Year Agreement to Innovate Healthcare for South Carolina

What You Should Know: - Today, Siemens Healthineers and Prisma Health announced a 10-year strategic relationship to help create a better state of health for South Carolina. - This Value Partnership is focused on healthcare innovation, workforce development, and improving health care for patients and communities served by Prisma Health. As part of the strategic partnership, Siemens Healthineers and Prisma Health will deploy the latest generation of medical technology at all Prisma Health
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Benchling Launches New RNA Capabilities to Accelerate Drug Discovery

by Jasmine Pennic 06/22/2021 Leave a Comment

Benchling Launches New Products for Research & Biotech Startups to Accelerate Life Sciences Innovation

What You Should Know: - Benchling, the leading life sciences cloud, today announced the launch of RNA Therapeutics R&D, a new digital solution that allows scientists to design, analyze, and develop complex RNA therapeutics in a unified cloud platform for the first time. - More than 1,000 R&D organizations/customers can now accelerate collaboration, speed, and simplicity for RNA research via Benchling — an important advance for biotech.  Biopharmaceutical R&D teams can
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Bicycle Health Raises $27M for Virtual, Evidence-Based Opioid Use Disorder Treatment

by Fred Pennic 06/22/2021 Leave a Comment

Bicycle Health Raises $27M for Virtual, Evidence-Based Opioid Use Disorder Treatment

What You Should Know: - Bicycle Health, a Boston, MA-based virtual care provider of evidence-based treatment for opioid use disorder, today announced a $27 Million Series A investment led by Questa Capital with participation from City Light Capital, Emily Melton and previous investor SignalFire. -  In addition, Bicycle Health is announcing national in-network insurance coverage from UnitedHealthcare, Aetna, Medicare and Medicaid in select states, helping to make
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LifePoint to Acquire Kindred Healthcare, Invest $1.5B Over 3 Years

by Fred Pennic 06/22/2021 Leave a Comment

LifePoint to Acquire Kindred Healthcare, Invest $1.5B Over 3 Years

What You Should Know: - LifePoint Health and Kindred Healthcare announced they have entered into a definitive agreement for LifePoint to acquire Kindred Healthcare. Financial terms of the acquisition were not disclosed. -   The acquisition enhances LifePoint’s commitment to providing high-quality care close to home with Kindred’s specialty hospital and rehabilitative expertise and emerging behavioral healthcare platform. - In addition, LifePoint to invest $1.5 billion over the
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AI + Human Intelligence — A More Effective Solution for the Healthcare Payment Lifecycle

by Navaneeth Nair, Chief Product Officer at Infinx Healthcare 06/22/2021 Leave a Comment

AI + Human Intelligence — A More Effective Solution for the Healthcare Payment Lifecycle

Much has been written about the advent of Artificial Intelligence (AI) in the healthcare payment lifecycle, but has it been oversimplified? The straightforward answer is yes. Many articles have characterized AI as the end-means antidote that will solve all revenue cycle management (RCM) issues and easily streamline the reimbursement process from beginning to end. In fact, many of the products in today’s marketplace promise a complete solution based almost entirely on AI. But, looking at this
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AWS Healthcare Accelerator Launches for Digital Health Startups

by Jasmine Pennic 06/21/2021 Leave a Comment

AWS Healthcare Accelerator Launches Digital Health Startups

What You Should Know: - Today, Amazon announced the launch of the Amazon Web Services (AWS) Healthcare Accelerator program, delivered by KidsX, a global ecosystem of pediatric innovators. - The AWS Healthcare Accelerator is a four-week technical, business, and mentorship accelerator opportunity open to U.S.-based healthcare startups or international healthcare startups that have existing U.S. operations. - A cohort of 10 healthcare startup companies with an established
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Cleerly Launches with $43M for Digital Care Pathway Solution for Heart Attack Prevention

by Fred Pennic 06/21/2021 Leave a Comment

Cleerly Launches with $43M for Digital Care Pathway Solution for Heart Attack Prevention

What You Should Know: - Cleerly, a New York City-based company launched today with $43M in Series B funding and unveiled its first-of-its-kind digital care pathway solution for heart attack prevention. The Series B funding, which was led by Vensana Capital with participation from LRVHealth, New Leaf Venture Partners, DigiTx Partners, the American College of Cardiology, Cigna Ventures, and existing investors, brings Cleerly’s total funding to $54M. - Using more than
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eCaring Acquires Home Care Agency Platform Home Care IT – M&A

by Fred Pennic 06/21/2021 Leave a Comment

eCaring

What You Should Know: - eCaring, an integrated software platform that aligns the entire in-home care team, has acquired Home Care IT, a secure, web-based software product for home care agencies based in Lexington, MA. - Home Care IT™ is a feature-rich, web-based, home care management software for non-medical home care and personal care agencies.  The product consolidates and simplifies many of the important tasks required for the management of a home care agency and drives
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Surprise! Patient Engagement is About the Individual

by Tim Aumueller, co-CEO of Avidon Health 06/21/2021 Leave a Comment

Surprise! Patient Engagement is About the Individual

It’s well understood that patient engagement leads to better outcomes. A powerful way to boost engagement is by delivering a personalized care experience so that patients can manage their condition in a way that best aligns with their lifestyle and goals. Two of the most effective patient engagement initiatives include: 1) clinicians spending more time with patients and, 2) shared decision making. Although clinicians would prefer more face-to-face time with patients to better assess their
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Health Union Acquires Patient Advocate Network WEGO Health – M&A

by Fred Pennic 06/18/2021 Leave a Comment

Health Union Acquires Patient Advocate Network WEGO Health – M&A

What You Should Know: -  Health Union, the leader in building online health solutions for people living with chronic conditions, announced that it has acquired WEGO Health, the world's largest network of patient leaders - advocates, community leaders, creators and influencers. Financial details of the acquisition were not disclosed. - Founded in 2007, WEGO Health connects the healthcare industry with the experience, skills and insights of patient leaders across virtually all health
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