What You Should Know:
Despite investment in digital health tools, health plan member usage remains low, according to the J.D. Power 2023 U.S. Commercial Member Health Plan Study. The J.D. study reveals digital health usage for all tools and support remains below 50%. Even among the sickest patients, use of online health assessments is 18%; use of chronic disease management tools is 8%; use of online triage and nursing support is 10%; and remote monitoring 6%.
U.S.
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Finni Health Raises $3.2M to Improve Access to Autism Care
What You Should Know:
Finni Health, a Santa Monica, CA-based company empowering autism care providers to go independent raises $3.2M seed round led by General Catalyst, with participation from YCombinator, Wayfinder Ventures, Andrew Adams (Headway), and Divya Bhatt (Virta). According to the CDC, 1 in 36 kids are diagnosed with autism in the US today, and this is growing at 12% each year. There’s about 40K autism providers in the US, growing 10% year over year, but this is still not
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VP Shares 5 DEI Tips for Health Systems During PRIDE Month
In honor of PRIDE month, Dr. Rhae-Anne Booker, Vice President of Diversity, Equity and Inclusion (DEI) with the University of Michigan Health-West, shares five key DEI tips on why it’s important for health systems to have a plan for treating patients with diverse sexual orientations and gender identities:
Understand and respect patients' sexual identities, preferences and preferred pronouns
Respecting someone’s identity is one of the quickest and easiest ways to help patients feel
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CDC Launches Fentanyl Dashboard to Monitor Nonfatal Overdose Trends
What You Should Know:
The Centers for Disease Control and Prevention (CDC) has recently released its Fentanyl Study Dashboard, an innovative tool that utilizes data from the Toxicology Investigators Consortium (ToxIC), to track and monitor nonfatal overdose trends associated with fentanyl. The dashboard, “Fentalog Study: A Subset of Nonfatal Suspected Opioid-Involved Overdoses with Toxicology Testing” went live in May of 2023 aims to provide vital insights to healthcare
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Laudio Secures $13M for AI-Powered Healthcare Operations Platform
What You Should Know:
Laudio, a Boston, MA-based AI-powered solution that’s solving for health systems CEOs top issues: labor productivity and burnout secures $13M in Series B funding led by Define Ventures. Laudio acts as a co-pilot to thousands of healthcare managers, amplifying their work and delivering measurable, large-scale improvements. The platform will streamline and standardize best practices for frontline leaders, making crucial data available in real-time and accessible
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Finance: Elevation Oncology Announces Pricing of $50M IPO
What You Should Know:
Elevation Oncology, Inc. (Nasdaq: ELEV), an innovative oncology company focused on the discovery and development of selective cancer therapies to treat patients across a range of solid tumors with significant unmet medical needs, announced the pricing of an underwritten public offering of (i) 17,810,000 shares of its common stock and, in lieu of common stock to investors that so choose, pre-funded warrants to purchase up to an aggregate of 4,440,000
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Syntax Health Launches with $7.5M to Accelerate Value-based Care Alignment for Healthcare Plans and Providers
What You Should Know:
Syntax Health, Inc., an NYC-based enterprise SaaS-based solution for health plans and providers that accelerates alignment in value-based care (VBC) launches out of Redesign Health with $7.5M in initial funding.Syntax Health’s new dynamic platform removes friction in the contracting process using analytics, infrastructure and a collaborative Virtual Workspace. The team-centric enterprise solution drives transparency, collaboration and consistency, and facilitates
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Google Cloud, Mayo Clinic Partners on Generative AI Focused on Enterprise Search
What You Should Know:
Today, Google Cloud announced a collaboration with Mayo Clinic to transform healthcare with generative AI, starting with enterprise search. Enterprise Search on Generative AI App Builder (Gen App Builder) is designed to improve the efficiency of clinical workflows, make it easier for clinicians and researchers to find the information they need, and ultimately to help improve patient outcomes. In addition, Google Cloud announced today that its Enterprise Search
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Care.ai Partners with Samsung to Power High-Fidelity Virtual Care Experiences
What You Should Know:
care.ai, an advanced Smart Care Facility Platform partners with Samsung to bring the highest quality graphics and display to care settings, elevating the patient experience by transforming hospitals, nursing homes and care facilities with smarter, more responsive care environments. care.ai can deliver an elevated experience for both clinicians and patients by offering health systems integrated solutions combining care.ai's Smart Care Facility Platform with
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Wolters Kluwer Health Acquires AI Drug Diversion Detection Company Invistics
What You Should Know:
Wolters Kluwer Health today announced the acquisition of Invistics Corporation (Invistics), a U.S.-based provider of cloud-based, AI-enabled software for drug diversion detection and controlled substance compliance. Invistics will join the company’s Clinical Surveillance, Compliance & Data Solutions unit, part of Clinical Solutions. Financial details of the acquisition were not disclosed. Invistics’ solution, Flowlytics, uses predictive analytics to detect
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