What You Should Know:
- Healthcare specific AI platform Lumiata raises $14M to scale its enterprise-grade AI platform and invest in customer acquisition and success.
- No-code products speedily predict underwriting and actuarial factors enabling extreme risk reduction and cost savings for healthcare companies.
Lumiata, a San Mateo, CA-based provider of AI-powered health analytics for managing cost and risk, today announced it has raised $14 million in Series B
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Healthcare PE Firm Heritage Group Launches $300M Health Tech Fund
What You Should Know:
- Healthcare private equity firm Heritage Group launches a $300M fund to invest in high-growth healthcare services and technology companies.
- Heritage is backed by some of the leading healthcare organizations in the nation, including large provider systems, payers, and healthcare service providers.
Heritage Group, a Nashville, TN-based healthcare-focused private equity firm, today announced the closing of over $300 million in its oversubscribed third fund, an
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Provider Strategies for Mitigating Telehealth Fraud & Abuse in 2021
As healthcare spending continues to rise, so too does the inherent risk for bad actors to take advantage. Today, the United States is estimated to spend nearly 18 percent of its GDP, or $3.6 trillion, on healthcare, and is expected to increase to one-fifth of GDP within the next decade, according to the latest data. This alone provides ample motivation for fraud and abuse. While the full extent of healthcare fraud is difficult to measure,
The National Health Care Anti-Fraud Association
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How COVID-19 Reshaped Healthcare Consumerism & 4 Key Trends to Know for 2021
What You Should Know:
- NRC Health today released its 2021 Healthcare Consumer
Trends Report, which surveyed 2 million healthcare consumers against the
backdrop of the ongoing coronavirus pandemic.
- The latest report highlights the major trends that came to light last year, and how they will continue to impact the healthcare industry in 2021 and beyond - from declining brand loyalty, increased care deferment, the fast adoption of telehealth, a rise in wearable tech, and a broader focus
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Modernizing Medicine Acquires Orthopedic EHR Platform Exscribe – M&A
What You Should Know:
- Modernizing Medicine announced it has acquired
orthopedics EHR vendor Exscribe bringing together two of the healthcare
industry’s leading, all-in-one orthopedic EHR vendors.
- As part of the acquisition, Exscribe Founder and CEO,
Dr. Sachdev and other members of the Exscribe team will be joining Modernizing
Medicine.
Specialty-specific EHR provider Modernizing Medicine announced it has acquired
orthopedics electronic
health records (EHR) vendor Exscribe.
The
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NeuroFlow Secures $20M for Tech-Enabled Behavioral Health Integration Platform
What You Should Know:
- NeuroFlow raises $20M to expand its technology-enabled behavioral
health integration platform, led by Magellan Health.
- NeuroFlow’s suite of HIPAA-compliant, cloud-based tools
simplify remote patient monitoring, enable risk stratification, and facilitate
collaborative care. With NeuroFlow, health care organizations can finally
bridge the gap between mental and physical health in order to improve outcomes
and reduce the cost of care.
NeuroFlow, a
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Itamar Medical Acquires Technology and Assets of Spry Health
What You Should Know:
- Itamar Medical Ltd. acquired the technology and assets
of Spry Health in a move to expand its product offering beyond Sleep Apnea identification.
- Itamar Medical’s acquisition of Spry Health will enable
the company to develop a wearable watch-like remote patient monitoring
solution.
Itamar Medical Ltd.,
a medical device and digital health company focused on the
integration of sleep apnea management into the cardiac patient care
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Central Logic Acquires Acuity Link for Intelligent Transport Capabilities – M&A
What You Should Know:
- Central Logic acquires Acuity Link to power the company’s
Intelligent Transport capabilities, speeding time to care in the best setting.
- In addition, the company rolls out a new interoperable Bed Visibility capability that offers a real-time snapshot into available beds across the enterprise for improved access and enhanced revenue capture.
Central
Logic, a St. Paul, MN-based healthcare access and orchestration company,
has acquired Acuity Link, a
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Net Health Acquires Post-Acute Analytics Platform PointRight – M&A
What You Should Know:
- Net Health acquires post-acute market analytics platform PointRight to deepen the company’s analytics capabilities, post-acute presence, and support for SNF networks.
Net
Health, a provider of cloud-based software for specialty medical providers
across the continuum of care, today announced that it has acquired
PointRight Inc., a leading provider of
analytics and data-driven tools for the post-acute market. The acquisition adds
to Net Health’s expanding
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VBC Expert Talks Best Practices to Optimize Value-Based Contracts for Providers
In a bid to shift the foundation of healthcare reimbursement, CMS is pushing for significantly more reimbursements for Medicare and Medicaid services to be tied to value-based care (VBC) contracts. To accomplish this, tackling the biggest healthcare cost line items, such as anesthesia, will be at the top of the list.
Additionally, anesthesiology, with its convoluted hospital/practice ties and complex reimbursement process, represents a prime example of the challenges and exponential potential
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