What You Should Know:
- Innovaccer raises $150M Series E round at a $3.2B valuation as health systems adopt its Innovaccer Health Cloud to accelerate digital transformation.
- Launches new Innovation Accelerators to help customers tackle the most common and high-impact clinical, operational, and financial use cases.
Innovaccer Inc. a Silicon Valley-based healthcare data platform company, announced a $150 million Series E round at a $3.2 billion valuation led by Mubadala Capital, with
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Ophelia Raises $50M to Expand Its Novel Approach to Opioid Addiction Treatment
What You Should Know:
- Ophelia announced its $50 million Series B funding round, led by Tiger Global to expand access to medication-assisted treatment (the CDC’s recommended first-line treatment) to more people with opioid use disorder.
- Funding will enable Ophelia to become a national provider, integrate with additional payors and partners, and grow its clinician support platform.
Ophelia, an NYC-based digital provider of medication-assisted treatment (MAT) for opioid use disorder
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Clearlake Capital-Backed Dude Solutions Acquires Facility Health Inc.
What You Should Know:
- Dude Solutions, a Clearlake-backed software company acquires Facility Health (FHI), a technology that helps healthcare organizations manage assets and facilities.
Today, Dude Solutions, the leading SaaS provider of cloud-based operations management solutions, backed by Clearlake Capital Group, L.P. (together with its affiliates “Clearlake”), today announced it has acquired Michigan-based Facility Health, Inc.
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Xandar Kardian Raises $10M for Contactless Health Monitoring
What You Should Know:
- Toronto-based startup Xandar Kardian raises $10M to empower digital automation of building control and contactless measurement of vital biomarkers.
Xandar Kardian, a Toronto-based digital health startup announced today that it closed a $10 million Series A funding round led by Phoenix Venture Partners, Portfolia Active Aging & Longevity Fund and Taronga Ventures.
Digital Automation with Radar Accuracy
The occupancy sensor market is
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Prolucent Health Raises $11.5M for Healthcare Workforce Optimization Platform
What You Should Know:
- Prolucent Health raises $11.5 million In Series A funding To advance workforce optimization In healthcare.
- Prolucent Health will use the new capital to further expand its sales, marketing, and client services teams and broaden product capabilities.
Prolucent Health®, a provider of enterprise-wide healthcare workforce optimization software and services, today announced it has raised $11.5 million in Series A funding co-led by SpringTide Ventures
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M&A: Phreesia Acquires Insignia Health to Improve Patient Experience
What You Should Know:
- Phreesia’s acquires Insignia Health, a mission-oriented company dedicated to improving health outcomes through patient activation.
- Insignia has an exclusive worldwide license for the Patient Activation Measure® (PAM®).
Phreesia, a customized patient intake software platform today announce it has acquired Insignia Health, LLC, a founder-led and mission-oriented company dedicated to improving health outcomes through patient activation. The acquisition is a
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Fraud Schemes in a Telehealth Era: What Healthcare Payers Should Know
What You Should Know:
- Report from Codoxo that finds 10-15% of telehealth claims fall outside of approved CMS codes and indicates a high potential for rapidly increasing fraud schemes (and provider coding errors) in a new telehealth era.
Codoxo, a provider of healthcare artificial intelligence solutions for healthcare payers and agencies, today released a new study revealing that among the 41% of provider specialties showing statistically significant increases for telehealth adoption,
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Health Systems Cite Telehealth as Top Tool to Improve Patient Access in 2022
What You Should Know:
- Improving patient access to medical services is a top priority for health system leaders in 2022, according to new research from the Center for Connected Medicine (CCM) and KLAS Research.
- According to new research, patient access was identified by health system leaders as the challenge in healthcare that can be best addressed with telehealth in the coming year.
Nearly 99% of health systems identified improving patient access as a “high” or “very high”
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M&A: Quartet Health Acquires InnovaTel Telepsychiatry
What You Should Know:
- Quartet acquires InnovaTel Telepsychiatry, a provider of virtual mental healthcare services with a differentiated expertise in treating complex conditions.
- The partnership lays the foundation for a comprehensive, nationwide solution to help all people — including those with complex needs — and focuses on speed to high-quality mental health care.
Quartet Health, a tech-enabled mental health care company that works with health plans, systems, and provider
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connectRN Secures $76M for Healthcare Workforce Platform to Address Clinician Burnout
What You Should Know:
- connectRN raises $76M to support the acceleration of its healthcare workforce platform and address clinician burnout.
- connectRN is a tech-enabled platform connecting nurses and aides with opportunities to improve their work-life.
connectRN, a Waltham, MA-based tech-enabled platform built to improve clinicians’ lives through access to community, opportunity, and support, announced it has completed a $76M financing round co-led by Suvretta Capital Management
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