What You Should Know: - MedTech Breakthrough announces 2020 MedTech Breakthrough Award Winners that recognizes the top companies, people, platforms, and products in the health, fitness, and medical technology industries today. - The 2020 MedTech Breakthrough Awards program is open to all individuals, companies, and organizations involved in producing digital health and medical technology products and services. MedTech Breakthrough, a market intelligence organization that recognizes
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COVID-19 Testing Every Nursing Home & Staff Would Cost $440M Nationwide
The American Health Care Association and National Center for Assisted Living (AHCA/NCAL) has released a state by state breakdown of the estimated cost to COVID-19 test every nursing home resident and staff just once, which would cost $440 million nationwide. As this shows, the cost of ongoing COVID-19 testing of nursing home residents and staff is unsustainable without additional funding and support from federal and state governments. Even the CDC’s recent recommendation to test all nursing
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Amwell Raises $194M to Expand Telehealth Platform to Combat COVID-19 Pandemic
What You Should Know: - Telehealth leader American Well (Amwell) raises $194 million in Series C funding in an effort to expand to better serve patients and healthcare providers amid the COVID-19 pandemic. - As COVID-19 swept across the United States, Amwell has seen a significant expansion in the usage of its core Amwell Platform. American Well® (Amwell), a national telehealth technology and services company announced it has raised $194 million in Series C funding with
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FCC’s COVID-19 Telehealth Programs Surpasses $50M in Funding
What You Should Know: - To date, the FCC’s COVID-19 Telehealth Program, which was authorized by the CARES Act, has approved funding for 132 healthcare providers across 33 states plus Washington, DC for a total of just over $50M in funding. The Federal Communications Commission’s Wireline Competition Bureau today approved an additional 43 funding applications for the COVID-19 Telehealth Program. The seventh set of healthcare providers in both urban and rural areas of the
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Mount Sinai Researchers Develops AI Algorithm to Detect COVID-19 from CT Scans
What You Should Know: - Mount Sinai researchers develop a unique artificial intelligence (AI) algorithm to detect COVID-19 based on CT scans and patient data. - The Mount Sinai team integrated data from those CT scans with the clinical information to develop an AI algorithm. It mimics the workflow a physician uses to diagnose COVID-19 and gives a final prediction of positive or negative diagnosis. Mount Sinai researchers are the first in the country to use
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Omada Health Acquires Telehealth Physical Therapy Company Physera
What You Should Know Tele-physical therapy company Physera announced that they are joining Omada Health, a digital health company that offers programs for chronic disease prevention and management, and mental health support. Through the deal, Omada adds Physera’s musculoskeletal solution to its suite of digital care programs for the prevention and self-management of diabetes, hypertension, and mental health. Physera recently launched a
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PE Firm Exploring Sale of Provider Scheduling Solution QGenda
Private equity firm Francisco Partners is exploring the sale of Atlanta, GA-based automated physician scheduling platform QGenda, PE Hub reports. The PE firm is just starting the process and is waiting for more clarity around pricing once the COVID-19 pandemic weakens. Francisco made a strategic investment in QGenda in 2016. Businesses that improve productivity in healthcare have been among the strongest performing since the downturn hit, said Sarah Pringle, Editor at PE Hub.
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American Telemedicine Association, Others Join AVIA Partner Network to Confront COVID-19
What You Should Know: - AVIA has added the American Telemedicine Association (ATA); Conifer Health Solutions, a healthcare industry leader in financial optimization and revenue enhancement; and Gensler, a global firm focused on human-centered design to the AVIA Partner Network, which also includes organizations such as HFMA, Cerner, and Deloitte.- As hospitals face extreme clinical, operational, technological, and financial challenges due to COVID-19, healthcare leaders across the country can
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Collective Health Launches COVID-19 Workplace Solution to Facilitate Safer Workforce Reentry
What You Should Know: - Collective Health launches COVID-19 workplace solution to help businesses reduce risk and facilitate safe work reentry - As economic pressure continues to force broader re-openings across the U.S., Collective Go includes a testing ecosystem, occupational health protocol, mobile app, and HIPAA compliant platform. Collective Health, a San Francisco, CA-based employee healthcare company with an integrated technology solution, today announced the launch of
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FDA Approves Everlywell’s COVID-19 Test Home Collection Kit Using Nasal Swabs
What You Should Know: - FDA approves Everlywell’s COVID-19 Test Home Collection Kit under the emergency use authorization (EUA) allows an individual to self-collect a nasal sample at home using Everlywell’s authorized kit. - The Everlywell home-collection kit is currently the only authorized COVID-19 at-home sample collection kit for use with multiple authorized COVID-19 diagnostic tests. The U.S. Food and Drug Administration (FDA) has issued emergency use authorization (EUA) to
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