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Archives for 2021

Digital Therapeutics Startup Kaia Health Raises $75M to Optimize MSK & COPD Care

by Fred Pennic 04/28/2021 Leave a Comment

Kaia Health raises $75M

What You Should Know: - Digital therapeutics company, Kaia Health, has raised $75M Series C round (total: $125M) to expand clinical capabilities and transform the treatment path for Musculoskeletal (MSK) and Chronic obstructive pulmonary disease (COPD) care in the U.S. and Europe. - The Series C round was led by an unnamed leading growth equity fund with support from existing investors, including Optum Ventures, Eurazeo, 3VC, Balderton Capital, Heartcore Capital,
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Caresyntax Raises $100M to Expand Digital Surgery Platform in Key Markets

by Fred Pennic 04/28/2021 Leave a Comment

Caresyntax Raises $100M to Expand Digital Surgery Platform in Key Markets

What You Should Know: - Caresyntax, a Boston-based enterprise-level digital surgery platform delivering actionable insights to make surgery smarter and safer, today announced that it has closed a significantly oversubscribed $100 million Series C funding round led by PFM Health Sciences LP, which also included participation from Optum Ventures, Intel Capital, Lauxera Capital Partners, Vesalius Biocapital Partners, Arno Capital, Rezayat Investments, as well as current investors IPF Partners,
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Why the Digital Front Door is Critical to the Healthcare Revenue Cycle

by Joel French, EVP of Patient Experience at R1 RCM, Inc. 04/28/2021 Leave a Comment

Why the Digital Front Door is Critical to the Healthcare Revenue Cycle

The COVID-19 crisis has upended many of our traditional business procedures and processes. However, because digital transformations were well underway before the pandemic, the shift to remote work and contactless consumer self-service was swift. In healthcare, digital strategies that were expected to take 10 years to accomplish may now be compressed into three. That acceleration is especially evident with the “digital front door” – a strategy for engaging patients at every major touchpoint of
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Lyniate Acquires Datica Integration Business to Deliver Interoperability

by Jasmine Pennic 04/27/2021 Leave a Comment

Lyniate Acquires Datica Integration Business to Deliver Interoperability

What You Should Know:- Lyniate announced the acquisition of Datica Integrate and the subsequent launch of Lyniate Envoy, the company’s new cloud-based data integration solution. - Powered by the Datica Integration team, Lyniate Envoy provides healthcare organizations with the support necessary to rapidly integrate their healthcare IT solutions with EHRs, labs, public health departments, and more.  - Together, Lyniate Corepoint, Lyniate Rhapsody, and Lyniate Envoy
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Direct Pay Healthcare Marketplace Sesame Nabs $24M to Expand its Nationwide Telehealth Offerings

by Fred Pennic 04/27/2021 Leave a Comment

Direct Pay Healthcare Marketplace Sesame Nabs $24M to Expand its Nationwide Telehealth Offerings

What You Should Know: - Sesame, a New York City-based direct-pay healthcare company, announced that it has raised an additional $24 million, bringing Sesame’s total capital raised to just under $50 million since its founding in 2019. New investments come from Giant Ventures, Industry Ventures and Coefficient Capital, along with existing investors like General Catalyst.  - Founded in 2018, Sesame’s platform connects patients and providers directly, providing clear, affordable prices
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Narrow Margins, Low Patient Volumes Fuel Ongoing Financial Instability for Hospitals

by Fred Pennic 04/27/2021 Leave a Comment

Narrow Margins, Low Patient Volumes Fuel Ongoing Financial Instability for Hospitals

What You Should Know: - Narrow margins, low patient volumes, and high costs fuel ongoing financial instability for U.S. hospitals, health systems, and physician groups, according to two new reports from Kaufman Hall. - U.S. hospitals and health systems saw mixed performance in March, as national COVID-19 metrics plateaued early in the month before climbing steadily again with increased spread of COVID-19 variants, as shown in the latest issue of the National Hospital
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T-Mobile, Zyter Partner to Deliver Virtual Healthcare for Underserved Communities

by Jasmine Pennic 04/27/2021 Leave a Comment

T-Mobile, Zyter Partner to Deliver Virtual Healthcare for Underserved Communities

What You Should Know: - T-Mobile and Zyter are partnering to bring virtual healthcare solutions — including telehealth and remote patient monitoring and care team collaboration — to more healthcare organizations and their patients, providing access to virtual care for underserved communities. - Under the terms of this agreement, Zyter and T-Mobile will collaborate to deliver integrated healthcare solutions to existing and potential T-Mobile customers nationwide. - Together, the
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Innovaccer Launches Enterprise Data Platform for Payers on the Innovaccer Health Cloud

by Jasmine Pennic 04/27/2021 Leave a Comment

Innovaccer Launches Enterprise Data Platform for Payers on the Innovaccer Health Cloud

What You Should Know: - Innovaccer, Inc., a San Francisco, CA-based healthcare technology company, has launched its Enterprise Data Platform for payers on the Innovaccer Health Cloud. - The solution will enable healthcare payers to accelerate digital transformation, facilitate interoperability, foster collaboration across stakeholders in the healthcare ecosystem, and comply with regulatory requirements. - Fragmented data and siloed applications have caused inefficiencies for U.S.
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Digital Transformation: 4 Moves Finance Leaders Can Make to Emerge Stronger

by Sonia Singh VP of Center for Consumerism at AVIA 04/27/2021 Leave a Comment

Digital Transformation: 4 Moves Finance Leaders Can Make to Emerge Stronger

In this time of crisis, the U.S. healthcare system has struggled to safeguard lives and suppress the COVID-19 virus, while buckling under financial strains, low consumer confidence, and the burden of persistent clinician burnout. And yet, the industry is experiencing an unprecedented digital transformation. Between regulatory changes and billions of dollars of investment into new disruptors, the stage is set for transformative change. In the midst of uncertainty stemming from the pandemic,
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Abbott Launches New AI-Powered Coronary Imaging Platform in Europe

by Fred Pennic 04/27/2021 Leave a Comment

Abbott Launches New Coronary AI-Powered Imaging Platform in Europe

What You Should Know: - Abbott announced that its new imaging platform powered by Ultreon 1.0 Software, is now CE Marked in Europe. This first-of-its-kind imaging software merges optical coherence tomography (OCT) – an imaging tool that provides physicians a comprehensive view inside an artery or blood vessel – with the power of artificial intelligence (AI) for enhanced visualization. - The new Ultreon Software can automatically detect the severity of calcium-based blockages and measure
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