What You Should Know:
- The latest U.S. Health Care Price Index (USHPI), the first national resource to publicly document the price of cash-pay medical care in America, reveals that national average prices for everyday healthcare services decreased in August and September, in the face of record inflation.
- The USHPI features pricing data for routine medical services in all 50 states – from primary care and mental health to women’s health and more - with additional prices and specialties
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Grow Therapy Raises $75M to Expand Insurance Coverage for Mental Healthcare Nationwide
What You Should Know:
- Behavioral health company, Grow Therapy secures $75 million in series B funding to expand insurance coverage including Medicare and Medicaid in all 50 states.
- This round of funding was led by TCV, co-led by Transformation Capital, with support from existing backers SignalFire and SVB.
Medicare/Medicaid Coverage Expansion
Specifically, the areas that the company will focus on are: expanding commercial insurance and Medicare and Medicaid coverage (which are
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Rippl Launches with $35M to Transform Mental Health for Seniors
What You Should Know:
- Rippl, a new mental health startup focused on caring for seniors with dementia and other neurocognitive conditions, launched today with $32M in seed round funding led by ARCH Venture Partners and General Catalyst. The round also includes investment from GV, F-Prime Capital, and Mass General Brigham Ventures.
- Rippl will use its seed funding to hire and train a team of clinicians, build technology, and open a Washington state-based clinical support center to launch
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Fitbit & Google Cloud Launches Device Connect for Fitbit
What You Should Know:
- Today, Fitbit Health Solutions and Google Cloud are introducing Device Connect for Fitbit, which empowers healthcare and life sciences enterprises with accelerated analytics and insights to help people live healthier lives.
- Fitbit data from their consenting users is made available through the Fitbit Web API, providing users with control over what data they choose to share and ensuring secure data storage and protection. Unlocking
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Maryland Passes Legislation for HIE to Operate as State Health Data Utility
What You Should Know:
- Maryland State Legislature has passed inaugural legislation, mandating the state-designated health information exchange (HIE), CRISP, to operate as the state-designated health data utility (HDU) beginning Oct. 1.
- Effective October 1, 2022, state law will require the state-designated HIE to provide data in real-time to individuals and organizations involved in the treatment and care coordination of patients and to public health officials to support public
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Optellum Raises $14M for AI-Enabled Lung Cancer Diagnosis
What You Should Know:
- Optellum, an Oxford-based digital health company that provides a breakthrough AI platform to diagnose and treat early-stage lung cancer raises $14M in Series A funding led by Mercia, with additional investors Intuitive Ventures and Black Opal Ventures. Existing investors, including St John's College in the University of Oxford, IQ Capital, and the family office of Sir Martin & Lady Audrey Wood, also participated in this round.
- The investment will enable
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Tavros Therapeutics Raises $7.5M to Develop Targeted Cancer Therapies
What You Should Know:
- Tavros Therapeutics, a precision oncology platform company leading the new frontier of targeted therapies exploiting tumors’ genetic vulnerabilities raises $7.5 million in Seed II financing co-led by existing investor Piedmont Capital Investments and new investor KdT Ventures, with participation from Alexandria Venture Investments.
- Tavros launched in 2020 with a $3 million seed financing by Piedmont Capital Investments and a strategic collaboration with Zentalis
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AGS Health Launches AI-Powered Revenue Cycle Platform
What You Should Know:
- AGS Health, a revenue cycle management (RCM) solutions provider and strategic growth partner to some of the largest healthcare systems in the U.S., announces the launch of the AGS AI Platform, a connected solution that blends artificial intelligence (AI) and automation with award-winning human-in-the-loop services and expert support to maximize revenue cycle performance.
- The platform allows healthcare organizations to gain enhanced visibility into day-to-day
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Memorial Sloan Kettering Cancer Center Launches Telemedicine Platform
What You Should Know:
- Today, Memorial Sloan Kettering Cancer Center (MSK) announced it has collaborated with Accenture and Microsoft over the last 12 months to help develop and refine MSK Telemedicine. MSK Telemedicine was created to provide patients access to care during the COVID-19 pandemic and into the future, allows MSK patients and families to virtually interact with their entire care team, seamlessly replicating an in-clinic visit.
- With the combined resources of Accenture,
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Kaufman Hall Acquires Claro Healthcare
What You Should Know:
- Kaufman, Hall & Associates, LLC (Kaufman Hall) has entered into a definitive agreement to acquire healthcare management consulting firm Claro Healthcare.
- Claro Healthcare is the leading clinical documentation, hospital operations, and mid-revenue cycle improvement platform, blending technology, professional services, and domain expertise to deliver significant return on investment to providers across financial, quality, and compliance metrics.
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