Imagine being told which car or computer you must buy and just forking over whatever it costs. Even if you might only be paying a portion of it, would you simply get out the checkbook? For decades American consumers have been writing blank checks for healthcare. Given that healthcare costs and consumers’ share of them continue to climb, we’ve all longed for the ability to see all options for medical procedures and prescriptions covered by our health plan and to choose the lowest-cost,
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Walt Tegtmeier at Rx Savings Solutions
Teladoc Brings At-Home Diabetes Testing for Members
What You Should Know: - Teladoc Health recently added an at-home A1C testing program to its chronic care solution, making it easier for members to manage their diabetes while also bridging health equity gaps in chronic condition care. - Livongo by Teladoc Health members will have the option to receive at-home A1C tests provided by LetsGetChecked, a leading healthcare solutions company that enables providers to administer diagnostics and
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Femtech Startup Nanopath Raises $10M to Develop POC Diagnostics for Women’s Health
What You Should Know: - Nanopath, a molecular diagnostics company enabling high-quality molecular testing in minutes raises $10M in Series A funding, co-led by co-led by Norwest Venture Partners and Medtech Convergence Fund, to develop a point-of-care diagnostics platform for women’s health screenings. - The company plans to use the latest round of funding to support development and commercialization of Nanopath's biosensing platform that aims to transform how women's pelvic and
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ThedaCare Invests $3M in Qventus to Deploy AI-Enabled Care Operations Automation
What You Should Know: Health system ThedaCare announced it has invested $3M in Qventus and it also deploying the technology to drive operational efficiencies in inpatient and perioperative care settings and across its organization. Through the investment, ThedaCare will collaborate with Qventus to develop new solutions and innovations, as well as support Qventus in expanding its technology to additional hospitals and health systems across the United
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Welcoming Patients Through The Digital Front Door
When patients contact their healthcare providers, they look for efficiency, convenience, and compassion. But often, the reality is far more clunky and impersonal when they find that an out-of-date phone system or a long hold queue are their only options. The secret to giving patients a more user-friendly experience and increasing engagement is to take a page from the corporate playbook. Emulating the modern conveniences patients get in other parts of their lives can help ensure
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Availity to Acquire Diameter Health to Expand Clinical Data Interoperability
What You Should Know: - One of the nation’s largest real-time health information networks Availity announced an agreement to acquire Diameter Health, a national leader in clinical data quality and interoperability. - This strategic deal expands Availity’s clinical portfolio to deliver the strongest integrated clinical and claims data network and interoperability platforms in healthcare. Streamlining Clinical Data Interoperability Founded in 2013, Diameter
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Telehealth Utilization Grew 10.2% Nationally in May 2022
What You Should Know: - In May 2022, for the second straight month, telehealth utilization, as measured by telehealth's share of all medical claim lines, grew nationally and in every US census region (Midwest, Northeast, South, West), according to FAIR Health's Monthly Telehealth Regional Tracker. - FAIR Health reports national telehealth utilization increased 10.2 percent, from 4.9 percent of medical claim lines in April to 5.4 percent in May. Regionally, the greatest increase
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What is the Potential for Digital Twins in Healthcare?
Digital twins are virtual representations of an object or system that spans its lifecycle, is updated from real-time data, and use simulation, machine learning and reasoning to help decision-making (IBM). In most cases, this helps data scientists understand how products are operating in production environments and anticipate how they may behave overtime. But what happens when a digital twin is that of a human being? By using digital twins to model a person, you can use technologies like
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HIMSS Delivers 9 Recommendations for Strengthening Primary Healthcare
What You Should Know: This week, The Healthcare Information and Management Systems Society (HIMSS) responded to a Request for Information (RFI) from the Office of the Assistant Secretary of Health on the HHS Initiative to Strengthen Primary Healthcare. The letter submitted on 8/1 calls for improved healthcare access, equity and outcomes to the US Department of Health and Human Services (HHS) Office of the Assistant Secretary for Health (OASH). - The OASH requested input from
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Stanford Medicine Taps Komodo Health Platform to Study COVID-19 Ripple Effects
What You Should Know: - Today, Komodo Health announced that its platform will be used in studies led by Stanford Medicine focused on the short- and long-term health impacts of COVID-19. - Stanford’s Center for Population Health Sciences will use Komodo Health’s platform, AI analytics tools, and de-identified patient data to study the real-world effects of the pandemic on health outcomes among different patient populations. Initial research will include analyses of disparities in
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