Biopharmaceutical companies developing cancer treatments need to restart the clinical trials shut down or delayed during the early stages of the coronavirus pandemic. Some are holding back, however, due to a lack of confidence that sufficient eligible patients can be recruited and enrolled in the trials. Recruiting patients into a clinical trial was challenging before COVID-19 hit, and it has only become exponentially more difficult. Sponsors also know many patients have been putting off
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Archives for 2021
PE Firm CVC Acquires Majority Interest in Icario to Fuel Growth
- Icario, a leading health action company focused on connecting people to health announce that CVC Capital Partners (“CVC”), a leading global private equity firm, has acquired a majority interest in the company through the CVC Growth Partners II fund.
- The news comes at an exciting time for Icario, which rebranded earlier this year following the merger of market leaders Revel and NovuHealth. CVC will help Icario accelerate its business roadmap as it continues to build innovative solutions
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Doctor On Demand Launches Chat-Based Coaching for Subclinical Behavioral Health Needs
What You Should Know:
- Doctor On Demand announced Coaching as their newest behavioral health tool. This chat-based coaching solution is specifically designed for subclinical behavioral health needs and existing Doctor On Demand client ArcBest is the first to offer it to their employees.
- With the addition of coaching, ArcBest employees now have a solution designed specifically to build coping skills and resilience to deal with everyday stressors that’s available 24/7. Coaching offers a
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Boost Mobile Offers Free Telehealth Services Powered by K Health
What You Should Know:
- Boost Mobile, which serves millions of underinsured and uninsured customers, today announced it will become the first wireless provider to offer free telehealth services to its subscribers and their families by partnering with K Health.
- Launching in early summer, new subscribers to Boost Mobile’s Unlimited Plus plan (and their immediate families) will receive immediate access to healthcare and doctors, via K Health, straight from their Boost Mobile phone.
- K
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Plastic Surgery 2021 Industry Trends to Watch
Every industry will experience trends that affect everything from marketing to demand for services. This includes the healthcare industry. However, the plastic surgery industry is unusual for the sheer number of new products and procedures coming out. These may cater to new markets, improve on classic methods, or solve problems that couldn’t be addressed before. Here are the top plastic surgery trends for 2021 and beyond.
A New Focus on Eyes
For many years, eyelid surgeries have been the
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R1 Acquires Patient Financial Engagement Platform VisitPay for $300M
What You Should Know:
- Today R1 announced they will acquire patient financial engagement company VisitPay for $300 million in cash, leading the charge in overhauling the patient experience in the area with the most pain points - from surprise billing to price transparency. The acquisition marks R1’s third acquisition in the last year, transitioning the organization from a revenue cycle management services leader to a leading technology company.
- VisitPay’s cloud-based platform is used by
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Provation Acquires Perioperative Data Management Platform iProcedures
What You Should Know:
- Provation, a SaaS provider of procedure documentation and clinical decision support solutions, backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced its acquisition of iProcedures, LLC, a top-rated provider of cloud-based anesthesia documentation and perioperative data management software solutions. Financial terms of the transaction were not disclosed.
- The acquisition further expands Provation’s
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Effectively Handling Clinical Denials Amid a Pandemic Backlog of Elective Surgeries
Throughout the pandemic, many hospitals had to delay elective procedures for several months or cancel them altogether. Surgical volumes decreased over 35% in 2020 from March to July. This has led to a projected backlog of elective procedures and surgeries. For example, in orthopedic surgeries such as joint replacement and back fusion, it was estimated the pandemic would generate a backlog of over one million surgical cases. If you multiply that across all the surgical
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Collective Health Raises $280M for Employer Health Benefits Platform
What You Should Know:
- Collective Health, a San Francisco, CA-based provider of an employer-sponsored health insurance platform announced $280 million of funding in a Series F round led by Health Care Service Corporation (HCSC) along with existing investors DFJ Growth, Founders Fund, G Squared, Maverick Ventures, NEA, PFM Health Sciences, SoftBank Vision Fund 1, Sun Life, and others.
- Founded in 2013 by Ali Diab and Rajaie Batniji, Collective Health’s integrated solution allows
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Walgreens Rolls Out Mobile Clinics to Bring COVID-19 Vaccines to Underserved Communities in Chicago
What You Should Know:
- Walgreens will activate multiple mobile clinics in Chicago. The traveling mobile clinics will focus on bringing COVID-19 vaccines directly to underserved communities and those with barriers to accessing the vaccine. Over the next two months, additional mobile clinics will make stops in a number of locations across the country.
- Individuals will be able to walk up to a mobile clinic and receive a vaccination at that time from a Walgreens pharmacy team member.
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