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Archives for June 2024

Canopy Expands Real-Time Wearable Safety for Healthcare Workers Beyond Hospital Walls

by Jasmine Pennic 06/19/2024 Leave a Comment

Canopy Expands Real-Time Wearable Safety for Healthcare Workers Beyond Hospital Walls

What You Should Know:  - Canopy, the leading provider of wearable safety technology for healthcare workers, announced a significant expansion of its platform.  - The company unveiled two key innovations: Wear-1, a new wearable safety button, and Canopy Go, a home health solution. This expansion extends real-time safety support beyond hospital walls, protecting healthcare workers wherever they provide care. Introducing Wear-1: A Durable and Discreet Safety Button The new
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Telepsychiatry Practice Talkiatry Secures $130M to Expand Value-Based Mental Healthcare Model

by Fred Pennic 06/18/2024 Leave a Comment

Telepsychiatry Practice Talkiatry Secures $130M to Expand Value-Based Mental Healthcare Model

What You Should Know:  - Talkiatry, a leading provider of high-quality, in-network psychiatric care raises $130M led by Andreessen Horowitz (a16z) with participation from Perceptive Advisors and debt financing from Banc of California.  - Talkiatry boasts in-network status with over 60 health plans, including major insurers like Aetna, Blue Cross Blue Shield, and United Healthcare. This covers over 70% of commercially insured individuals in the US.  - With this new
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Salesforce Launches AI-Powered Life Sciences Cloud for Pharma and MedTech

by Fred Pennic 06/18/2024 Leave a Comment

Salesforce Launches AI-Powered Life Sciences Cloud for Pharma and MedTech

What You Should Know:  - Salesforce announced the general availability of Life Sciences Cloud, a platform for pharmaceutical (pharma) and medical technology (medtech) organizations to help personalize patient and healthcare professional (HCP) engagement and streamline clinical operations with data, automation, and trusted AI. - By harnessing the power of AI and automation, it empowers pharma and medtech companies to streamline operations, improve patient care, and ultimately
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Healthcare Leaders Embrace Virtual Care and AI to Combat Staffing Crisis: Philips Future Health Index 2024

by Fred Pennic 06/18/2024 Leave a Comment

Healthcare Leaders Embrace Virtual Care and AI to Combat Staffing Crisis: Philips Future Health Index 2024

What You Should Know:  - A new report by Philips, the Future Health Index 2024, paints a concerning picture of the healthcare industry struggling with significant staffing shortages.  - The report, based on a survey of 3,000 healthcare leaders across 14 countries, reveals how this crisis is impacting both staff and patients. Burnout and Backlogs: The Human Cost of Staff Shortages The report reveals a concerning trend - nearly two-thirds (66%) of healthcare leaders report
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Color and Carrum Health Partner for End-to-End Cancer Care

by Fred Pennic 06/18/2024 Leave a Comment

Color and Carrum Health Parnter for End-to-End Cancer Care

What You Should Know:  - Color Health, a leader in comprehensive cancer care, and Carrum Health, known for their value-based cancer treatment programs form a startegic partnership to offer employers an end-to-end cancer program.  -  By providing a seamless, cost-effective, and patient-centric experience, the end-to-end cancer program empowers employers to combat rising cancer rates and improve the overall health and well-being of their workforce. The Deadly Reality of
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What Will It Take to Achieve Value From Digitally Enabled Diabetes Care?

by Tony Vahedian, CEO at CCS 06/18/2024 Leave a Comment

What Will It Take to Achieve Value From Digitally Enabled Diabetes Care?

A report from the Peterson Health Technology Institute (PHTI) found that many digital diabetes management platforms aren’t providing meaningful ROI for patients or the health system as a whole.  Users of common technologies only see small, incremental clinical benefits, such as 0.23%–0.60% point reduction in HbA1c when compared to traditional care. Meanwhile, some health plans and employers are actually seeing an increase in overall costs as spending on these platforms can often
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5 Trends to Combat Staff Shortages & Boost Healthcare Efficiency

by Michael Casamassa VP of Sales for Payor Solutions, Henry Schein Medical 06/18/2024 Leave a Comment

5 Trends to Combat Staff Shortages & Boost Healthcare Efficiency

The challenge of staff shortages in healthcare continues to remain persistent in the United States. To help mitigate what could be a long-term challenge, according to an article in TIME, institutions are staffing facilities with temporary health professionals due to rising turnover, fluctuations in demand, and evolving appreciation for work-life balance. Fortunately, in this dynamic healthcare landscape, some technologies continue to evolve, offering solutions to help address these ongoing staff
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Millie Maternity Clinic Delivers Promising Outcomes with Midwifery-Led, Tech-Enabled Model

by Jasmine Pennic 06/18/2024 Leave a Comment

Millie Maternity Clinic Delivers Promising Outcomes with Midwifery-Led, Tech-Enabled Model

What You Should Know:  - Millie, a modern maternity clinic, revealed promising maternal health outcomes from the first cohort of more than 150 births from its hybrid model that combines midwifery-led care, doulas, and OB-GYN support  Millie’s unique hybrid model, combining midwifery-led care, doula support, and OB-GYN collaboration, is showing significant improvements in maternal and newborn health, while also offering a cost-effective and accessible solution for expectant
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HHAeXchange Acquires Cashé to Strengthen Homecare Operations

by Jasmine Pennic 06/18/2024 Leave a Comment

HHAeXchange Acquires Cashé to Strengthen Homecare Operations

What You Should Know:  - HHAeXchange, a provider of homecare management solutions, announced its acquisition of Cashé Software, a Minnesota-based leader in homecare operations and billing software.  - The strategic acquisition unites two industry heavyweights, creating a powerhouse equipped to serve the ever-growing homecare market. Since 2004, Cashé has been a trusted partner for over 400 homecare agencies in Minnesota. The Booming Homecare Industry: A Need for
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US Hospitals Make Strides in Interoperability, But Challenges Remain for Physicians: ONC Report

by Jasmine Pennic 06/18/2024 Leave a Comment

US Hospitals Make Strides in Interoperability, But Challenges Remain for Physicians: ONC Report

What You Should Know:  - A new Office of the National Coordinator for Health IT (ONC) brief explores advancements in electronic health record (EHR) interoperability across US hospitals and physicians, highlighting both progress and areas for continued focus. - The ONC has tracked progress in healthcare data exchange since 2014. The data shows a substantial increase in hospitals' ability to electronically find, send, receive, and integrate patient health information. In 2023, 70% of
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