What You Should Know:
- Digital health funding reached a record-breaking $4.0B in
Q3 2020 for a total of $9.4B year to date, according to the latest Rock Health
quarterly report.
- Twenty-four (24) digital health companies have raised
mega deals of $100M or more through Q3 of 2020. The rise in mega deals reflects
a trend towards capital concentration in digital health venture investment.
- On-demand
healthcare services is the top-funded value proposition with $2.0B
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NVIDIA Develops AI Model to Accurately Predict Oxygen Needs for COVID-19 Patients
What You Should Know:
- NVIDIA and Massachusetts General Brigham Hospital
researchers develop an AI model that determines whether a person showing up in
the emergency room with COVID-19 symptoms will need supplemental oxygen hours
or even days after an initial exam.
- The ultimate goal of this model is to predict the
likelihood that a person showing up in the emergency room will need
supplemental oxygen, which can aid physicians in determining the appropriate
level of care for patients,
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New Jersey Urology Launches First-Ever Urologic-Centric Epic EHR
What You Should Know:
- New Jersey Urology (NJU) becomes the first urology-only group to launch a urologic-centric Epic electronic health record (EHR).
- NJU is the largest urology practice providing complete
urologic care and comprehensive individualized treatment at more than 60
convenient locations, including six state-of-the-art Cancer Treatment Centers.
New Jersey Urology ("NJU"), the leading urology service provider in New Jersey, and Urology Management Associates
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Value-Based Reimbursement Contracts Now Account for 26% of Hospital Revenue, KLAS Finds
What You Should Know:
- Value-based reimbursement (VBR) contracts now account
for 26% of hospital revenue, according to a new report from KLAS research and
CHIME.
- Report reveals providers are looking first to their
electronic health record (EHR) systems to drive PHM, and are most interested in
investing in new healthcare information technology (HIT) when they know there
is a clear ROI.
With value-based reimbursement (VBR) adoption slowing, healthcare providers are searching
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Amwell and Cigna Ranks High in Telehealth Patient Satisfaction, J.D. Power Finds
What You Should Know:
- Amwell ranks highest among direct to consumer brands
and Cigna ranks highest among health plans for telehealth patient satisfaction,
according to the J.D. Power 2020 U.S. Telehealth Satisfaction Study
- Though telehealth has been pitched as a solution to
improve access to healthcare for everyone, more than half (52%) of telehealth
users say they encountered at least one barrier that made it difficult to use
telehealth.
Patient satisfaction with
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NIH Funds First Nationwide Rare and Atypical Diabetes Network
What You Should Know:
- NIH awards funding for Rare and Atypical Diabetes
Network, or RADIANT that will seek to discover the cause of
several unusual forms of diabetes.
- RADIANT plans to screen about 2,000 people with unknown
or atypical forms of diabetes that do not fit the common features of type 1 and
type 2 diabetes.
The National Institute of
Health (NIH), announced this week it is funding a nationwide study with The Rare and Atypical Diabetes
Network (RADIANT) that will seek
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Revel, NovuHealth Merge to Create Largest Healthcare Member Engagement Platform
What You Should Know:
- NovuHealth and Revel merge to bring together NovuHealth’s
personalized healthcare loyalty programs with Revel’s applied behavioral
research and health action technologies.
- Together, Revel and NovuHealth work with more than 50
healthcare organizations, including seven of the top 10 largest health insurers
in the United States representing more than 65 percent of all members in
government programs such as Medicare and Medicaid.
Revel and NovuHealth, two
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NIH Taps PhysIQ to Develop AI-Based COVID-19 Digital Biomarker
What You Should Know:
- physIQ has been selected by the National Institute of Health (NIH) to develop an innovative AI-based COVID-19 digital biomarker solution to address the COVID-19 pandemic.
- Early detection of COVID-19 decompensation in patients
is complicated by infrequent and non-specific clinical data. The first-in-kind
tool will collect and analyzes continuous physiologic data could provide early
clinical indicators of COVID-19 decompensation.
The National Cancer
Institute
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TrustHCS, Visionary RCM, T-System, RevCycle+ Merge to Form New Entity CorroHealth
What You Should Know:
- CorroHealth – a newly-formed entity – combines the services and technologies of TrustHCS, Visionary RCM, T-System, and RevCycle+.
- Under this new entity, CorroHealth is committed to
helping clients navigate regulatory compliance complexities, ease physician burdens
and improve financial outcomes.
Today, four revenue cycle management services and technology organizations have merged together as a newly-formed entity—CorroHealth. TrustHCS, Visionary RCM,
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Amwell, Tyto Care Expand Partnership to Power Augmented Virtual Care Experiences
What You Should Know:
- Tyto
Care and Amwell® announced an expanded partnership, allowing
the companies to develop new integrations to enhance virtual care offerings for
providers.
- By pairing Tyto Care’s TytoHome device and platform
with Amwell’s platform, the two companies will together provide patients
and providers with augmented virtual care experiences and
broadly enrich the capabilities and satisfaction with healthcare organizations’
virtual
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