Dr. Justin Graham, Chief Medical Officer, GYANT
The rapid development of a COVID-19 vaccine is a monumental achievement, but it does nothing to address our extremely fragmented healthcare system. In 2021, policymakers must create and extend incentives to providers to work together to keep patients healthy rather than maximize profit. The pandemic has devastated the traditional fee-for-service budgets of many healthcare systems, and it isn't clear they will ever be able to catch up without
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12 Telehealth & Virtual Care Predictions and Trends for 2021 Roundup
Dr. Paul Hain, Chief Medical Officer of GoHealth
Telehealth is Here to Stay in 2021
Prior to the pandemic, telehealth was a limited ad-hoc service with geographic and provider restrictions. However, with both the pandemic restrictions on face to face interactions and a relaxation of governmental regulations, telehealth utilization has significantly increased from thousands of visits in a week to well over a million in the Medicare population. What we’ve learned is that telehealth allows
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2020’s Top 20 Digital Health M&A Deals Totaled $50B
Teladoc Health and Livongo Merge
The combination of Teladoc Health and Livongo creates a
global leader in consumer-centered virtual care. The combined company is
positioned to execute quantified opportunities to drive revenue synergies of
$100 million by the end of the second year following the close, reaching $500
million on a run-rate basis by 2025.
Price: $18.5B in value based on each share of Livongo
will be exchanged for 0.5920x shares of Teladoc Health plus cash consideration
of
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30 Executives Share Top Healthcare Predictions & Trends to Watch in 2021
As we close out the year, we asked several healthcare executives to share their predictions and trends for 2021.
Kimberly Powell, Vice President & General Manager, NVIDIA Healthcare
Federated Learning: The clinical community will increase their use of federated learning approaches to build robust AI models across various institutions, geographies, patient demographics, and medical scanners. The sensitivity and selectivity of these models are outperforming AI models
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6 Mental Health & Teletherapy Predictions & Trends to Watch in 2021
The executive team at AbleTo, a technology-enabled provider of behavioral healthcare shares six mental health and teletherapy predictions and trends to watch in 2021.
Trip Hofer, CEO at AbleTo
1. Measurement and Outcomes
“The healthcare industry has made progress toward increasing access to mental health care and defining what quality care looks like. Now in 2021, the industry needs to focus on how we measure that quality. With mental health becoming an incredibly hot market and so
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Amazon, AstraZeneca, Pfizer, Merck to Build $10M Digital Health Innovation Lab in Israel
What You Should Know:
- Pfizer, AstraZeneca, Merck, and Teva, and Amazon Web Services (AWS) has been selected by the Israel Innovation Authority to establish an innovation lab in the fields of digital health and computational biology.
- The innovation lab located in the Rehovot Science Park will
receive a government budget of $10M over the next five years and is slated to
start operations in 2021.
Pfizer, AstraZeneca, Merck, and Teva, as well as the Israel Biotech Fund and tech
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M&A: EverCommerce Acquires Healthcare Communication Platform Updox
What You Should Know:
- Service commerce platform EverCommerce acquires Dublin,
OH-based Updox, a healthcare communication platform for in-person and virtual
care.
- The acquisition
expands EverCommerce’s health services portfolio and enables the companies to
further their shared goal of simplifying the business of healthcare and
facilitating the growth of healthcare practices.
Today, EverCommerce, a leading service commerce platform, completed the acquisition of Updox, a
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AMA Adds 3 Additional CPT Codes for AstraZeneca’s COVID-19 Vaccine
What You Should Know:
- The American Medical Association (AMA) announced the addition of three Current Procedural Terminology (CPT) codes for AstraZeneca's COVID-19 vaccine.
The American Medical Association (AMA) today announced that
the Current Procedural Terminology (CPT®) code set is
being updated by the CPT Editorial Panel to include immunization and
administration codes that are unique to the COVID-19 vaccine under development
by AstraZeneca and University of
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Oscar Raises $140M, Babylon Health, Modern Health, Diameter Health, Curai Health, Others Recent Digital Health Funding
Oscar Raises $140M, Confidentiality Files for IPO
Oscar, the first
health insurance company built on a full stack technology platform raises $140M
in funding led by Tiger Global Management, LLC, with participation from
Dragoneer, Baillie Gifford, Coatue, Founders Fund, Khosla, Lakestar and
Reinvent. On 12/21, the company confidentially filed for an initial public
offering (IPO). The size and price range for the proposed offering have not yet
been determined.
Babylon Health Raises $100M
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Lyft Launches 60M Ride COVID-19 Vaccine Access Campaign with Anthem, Chase, Epic, United Way, Others
What You Should Know:
- In partnership with JP Morgan Chase; United Way; top
healthcare organizations including Anthem, Centene, One Medical and Epic; and
other non-profit and community partners, Lyft’s goal is to facilitate 60M safe
rides to vaccination sites.
- Lyft’s vaccine access campaign will help the communities who need it most safely travel to receive the vaccine. These rides will be facilitated through its business segment, Lyft Healthcare, and social impact initiative LyftUp.
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