What You Should Know:
- TailorMed Medical Ltd., a New York City-based patient financial navigation technology company, today announced a $20 million investment led by Providence Ventures. The round included new investors UnityPoint Health Ventures, Almeda Ventures, Bridges Israel and Discount Capital with participation from existing investors Accelmed, Sanara Ventures and Triventures.
- Founded in 2016, TailorMed is focused on ensuring patients get the care they need in a difficult
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Archives for 2021
Truepill Launches White-Labeled Virtual Pharmacy Platform
What You Should Know:
- Truepill, the digital health platform powering consumer health experiences through diagnostics, telehealth and pharmacy infrastructure, today announced the launch of its Virtual Pharmacy platform.
- The new white label led e-commerce pharmacy solution that enables payers, pharmacy benefit managers (PBMs), health systems and other healthcare entities to reimagine a more modern and consumer-centric pharmacy shopping experience.
- The service is available in all
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Cigna International Taps Teladoc Health to Expand Telehealth Capabilities in India
What You Should Know:
- Cigna International today announced a collaboration with Teladoc Health to support populations in India during the current humanitarian crisis through telehealth solutions.
- In a coordinated approach, Cigna International Markets and Teladoc Health activated local and global telehealth capabilities in less than 24 hours and brought much needed care to many people who desperately need help from the global community.
- Together, both companies delivered an agile
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Carbon Health Acquires CGM-Enabled Virtual Diabetes Platform Steady Health
What You Should Know:
- Carbon Health, a technology-enabled healthcare provider, announced the acquisition of Steady Health, a fully integrated diabetes platform that uses data from continuous glucose monitoring (CGM) devices to provide personalized medical care from top endocrinologists. Financial details of the acquisition were not disclosed.
- The Steady Health acquisition accelerates Carbon Health’s rollout of an innovative new primary care model, which integrates Carbon Health’s
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33% of Hospital Execs Reported Average Denial Rates of More than 10%
What You Should Know:
According to a recent survey of over 130 hospital executives across the nation, the average denials rate is between 6% and 13%, and over 1/3 of hospital reimbursement executives surveyed responded that their organizations are nearing the denials danger zone of 10%.
The key findings from Harmony Healthcare reflects the need for stronger denials prevention and recovery solutions. Research shows that approximately 85% of denials are preventable, but
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CAQH, EHNAC Partner to Provide Incentives for FHIR App Developers to Become Accredited
What You Should Know:
- CAQH and the Electronic Healthcare Network Accreditation Commission (EHNAC) have partnered to provide incentives for application developers participating in the CAQH Endpoint Directory to become accredited through the Trusted Dynamic Registration and Authorization Accreditation Program (TDRAAP) from EHNAC and UDAP.org, publisher of the Unified Data Access Profiles.
- TDRAAP accreditation affirms an app’s technical
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Vynca Acquires Virtual Palliative Care Provider ResolutionCare – M&A
What You Should Know:
- Vynca, a national leader in advance care planning, today announced the acquisition of ResolutionCare, a California-based innovator and provider of home-based palliative care and telemedicine.
- With the acquisition of ResolutionCare’s comprehensive board-certified, physician-led palliative care model, Vynca is well-positioned to expand its support services to the seriously ill, which aligns well with its existing advance care planning
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Cognoa Awarded FDA Authorization For AI-Based Autism Diagnosis Aid
What You Should Know:
- Cognoa, a pediatric behavioral health company developing diagnostic and therapeutic solutions for children living with behavioral health conditions, has been granted FDA authorization to market the company’s first-of-its-kind, AI-based autism diagnosis aid – Canvas Dx.
- Canvas Dx is the first diagnosis aid designed to help physicians to diagnose autism spectrum disorder (ASD) in
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UPMC Spins Out Realyze Intelligence for AI-Based Clinical Intelligence Platform
What You Should Know:
- UPMC has launched Realyze Intelligence, a company that uses artificial intelligence and natural language processing to identify precise patient populations with chronic diseases and cancer to ensure they receive the most beneficial treatments.
- Founded by Gilan El Saadawi, M.D., Ph.D and Aaron Brauser founded in conjunction with UPMC Enterprises, the innovation and commercialization arm of UPMC.
- The U.S. healthcare industry spends
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PE Firm Warburg Pincus Makes Minority Investment in GHX, Thoma Bravo Exits
What You Should Know:
- GHX, a healthcare supply chain leader announced it has entered into a definitive agreement to receive a strategic investment from private equity firm Warburg Pincus. As part of this transaction, minority investor Thoma Bravo has exited its investment. Existing investor Temasek, an investment company headquartered in Singapore, will remain the majority equity holder.
- GHX has employees in the United States, Canada and Europe and is known for operating the largest
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