What You Should Know:
- Health insurance provider Humana Inc. announced the release of a groundbreaking Value-Based Care (VBC) Issue Brief focused on nephrology, the medical specialty treating kidney disease.
- The issue brief report highlights the significant potential of VBC arrangements to improve patient outcomes and reduce healthcare costs for individuals with chronic kidney disease (CKD) and end-stage renal disease (ESRD).
VBC: A Shift from Quantity to Quality
VBC
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Archives for June 2024
Koda Health Secures Funding to Expand Advance Care Planning Capabilities
What You Should Know:
- Koda Health, a pioneer in digital Advance Care Planning (ACP), today announced the successful closing of an oversubscribed Seed+ funding round led by Ecliptic Capital with strategic investment from Memorial Hermann Health System, AARP and the Texas Medical Center (TMC) Venture Fund.
- Koda Health, founded in 2020 by Dr. Tatiana Fofanova, Dr. Desh Mohan, and Katelin Cherry, emerged from the Texas Medical Center's (TMCi) Biodesign program. This program fosters
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First Successful Implant of FDA-Approved Duo Venous Stent System Offers New Hope for Chronic Venous Insufficiency Patients
What You Should Know:
- A new era in the treatment of chronic venous insufficiency (CVI) began on June 11th, 2024, with the successful implantation of the Philips Duo Venous Stent System outside of a clinical trial setting.
- Dr. Erin Murphy, a leading vascular surgeon at Atrium Health's Sanger Heart & Vascular Institute, performed the procedure, marking a significant milestone for patients suffering from this debilitating condition.
CVI: A Common Yet Complex
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Komodo Health Unveils Integrated Patient Insurance Dataset for Life Sciences
What You Should Know:
- Komodo Health, a provider of real-world healthcare data and analytics, today announced the launch of Komodo Patient Insurance™ (KPI).
- The new offering delivers the most comprehensive view of patient insurance status available, encompassing over 200 million de-identified U.S. patient lives.
KPI: Unprecedented Depth and Accuracy
KPI surpasses traditional solutions by providing in-depth insights into a patient's pharmacy and medical insurance
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Healthcare’s Data Deluge is Intensifying Misdiagnosis
In 2019, my aunt was admitted to the hospital with heart failure. It was a harrowing experience for everyone involved.
My family, desperate for answers, waited for hours for a doctor to check-in. When they finally did, their time was limited and felt rushed. But the whole time, we couldn’t shake the uncomfortable feeling that we were nuisances, that our welcome had run its course. We were stuck in that cycle for days until my aunt was deemed stable enough to be discharged. Except she
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Streamlining Behavioral Health: Mercy Health Cuts ED Stays in Ohio by 64%
What You Should Know:
- A collaborative effort between Conduit Health Partners and Mercy Health – Springfield Regional Medical Center has yielded significant improvements in behavioral health patient care.
- The behavioaral health initiative, focused on streamlining transfers from the emergency department (ED) to appropriate care settings, has resulted in a remarkable 64% reduction in ED length of stay for these patients.
The Challenge: Rising Need, Strained
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Cerebral Settles FTC Charges Over Data Privacy and Deceptive Practices
What You Should Know:
- The Department of Justice (DOJ), in conjunction with the Federal Trade Commission (FTC), announced a settlement with Cerebral Inc., a telehealth company, resolving allegations of data privacy violations, deceptive practices, and misleading cancellation procedures.
- The government, however, is continuing its case against Cerebral's former CEO and other executives, along with separate telehealth companies founded by the former CEO.
Cerebral Settles
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HEALWELL AI Acquires VeroSource for $24.5M to Bolster AI-Powered Preventative Care Platform
What You Should Know:
- HEALWELL AI (TSX: AIDX), a leader in AI-powered preventative healthcare, announced today it has agreed to acquire VeroSource Solutions Inc., a healthcare technology company focused on data solutions and digital healthcare platforms.
- The acquisition, valued at approximately $24.5M, is expected to significantly enhance HEALWELL's capabilities in early disease detection and improve patient outcomes. By combining HEALWELL's AI expertise with VeroSource's data
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Omniscient Secures Series C Funding to Expand AI-Powered Brain Mapping
What You Should Know:
- Omniscient (o8t®), a Sydney, Australia-based global leader in applying AI to unlock the secrets of the human brain, announced today the successful conclusion of its Series C funding round. This round brings the company's total capital raised to US$60M , marking a significant milestone in its growth trajectory.
- The funding round highlights the confidence of prominent Australian investors, including Will Vicars and Gina Rinehart, in Omniscient's vision and
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Verily Launches AI-Powered Chronic Care Solution, Lightpath
What You Should Know:
- Verily, Alphabet's precision health subsidiary, today announced Lightpath, a next-generation chronic care solution designed to address the evolving needs of health plans and their members.
- The initial offering, Lightpath Metabolic, focuses on empowering individuals with cardiometabolic conditions to achieve and maintain their health goals. Open enrollment is targeted for early 2026.
Building on Success with Onduo
Lightpath Metabolic leverages the
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