- Livongo forms partnership with Horizon Blue Cross Blue Shield of New Jersey and the State of New Jersey to provide Livongo for Diabetes to State and School Plan Members for 460k public employees and their dependents. - Livongo expects, after having been selected by the State of New Jersey in the fourth quarter of 2019, that this agreement will make approximately 29,000 people eligible for the Livongo for Diabetes program and add approximately 5,000 Members in 2020 as anticipated in the plan
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2020 Semi-Annual Health IT Market Review: 5 Key Indicators to Watch
- Healthcare Growth Partners (HGP) releases its Semi-Annual Health IT Market Review report that summarizes M&A and private equity activity across health IT, digital health, etc.
- The report reveals health IT as a healthy sector going into 2020 and outlines key 2019 trends and 2020 indicators to watch in the market this year.
Healthcare Growth Partners, an investment bank and strategic advisory firm for health IT has announced the release of its annual Semi-Annual Health IT Market
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VA St. Louis to Provide Veterans with VR Therapy for Medical Conditions
- VA St. Louis Healthcare System announces a partnership with XRHealth to provide virtual reality (VR) therapy for veterans. XRHealth’s VR therapy platform will assist veterans in gaining relief from spinal cord injuries, amputations, poly-trauma, multiple sclerosis, or other neurological conditions.XRHealth, formerly known as VRHealth, a Boston, MA-based provider of extended reality and therapeutic applications, today announced that they partnered with the VA St. Louis Healthcare System to
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Star Trek-Inspired Bed for X-Ray Medical Imaging Raises $26M
- Israeli digital health startup Nanox raises $26M to support the commercialization and deployment of its Star Trek-inspired medical bed for end-to-end X-ray medical imaging service. - The Nanox System is composed of the Nanox.Arc, a novel digital X-ray device and the Nanox.Cloud, a companion cloud-based software that will be designed to provide an end-to-end medical imaging service. NANO-X IMAGING LTD. (“Nanox” or the “Company”), an Neve Ilan, Israel-based innovative medical imaging technology
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CLEW Lands $20M to Expand AI-Powered Critical Care Platform in the US Market
- CLEW closes a $20M Series B round of funding to scale US operations and commercialize CLEW’s critical care platform. - CLEW is a real-time AI analytics platform designed to help providers make better informed clinical decisions by predicting life-threatening complications across various medical care settings.CLEW, a digital health startup announced that it has successfully concluded its Series B funding, bringing the total capital raised to over $20 million. The round was led by Pitango
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Trinity Health ACO Delivers $22.4M in Share Shavings, 98% Quality Performance Score
- Trinity Health ACO achieved a nearly 98 percent quality performance score and $22.4 million in shared savings in the performance year 2018. The Next Generation ACO Model was created by the Centers for Medicare & Medicaid Services (CMS) and is in its fourth year.- Trinity Health ACO provides coordinated care to patients in Illinois (Loyola Medicine), Michigan (Mercy Health – Michigan), New Jersey (Summit Medical Group) and Ohio (Mount Carmel Health System).Trinity Health ACO, a Next
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MiHIN Partners with CarePort Health to Improve Care Quality Statewide
- Michigan Health Information Network Shared Services (MiHIN) is partnering with CarePort Health to lower costs of care, improve care quality and outcomes for Michigan’s state-wide patient population through better care coordination. - The partnership allows CarePort to leverage data flowing through MiHIN to provide higher quality data to participating payer and provider organizations, enabling more cost-effective management of patient populations. CarePort Health, a Boston, MA-based provider of
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Mercom: Global Digital Health VC Funding Down 6% at $8.9B in 2019
- New Mercom Capital annual report reveals global venture capital (VC) funding in digital health declined 6% at $8.9B compared to $9.5B in 2018. - Total corporate funding into Digital Health – including VC funding, debt, and public market funding - dropped 18% to $10.6 billion in 2019 compared to $13 billion in 2018.- Five digital health IPOs brought in a total of $1.4 billion in 2019Global venture capital (VC) funding in digital health, including private equity and corporate venture, declined
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AMA and RedCrow Collaborate to Promote Physician-Driven Healthcare Innovation
- The American Medical Association (AMA) and direct investment platform RedCrow are teaming up to promote physician insight-powered healthcare innovation. The American Medical Association (AMA) and RedCrow, a direct investment platform for healthcare innovation, today announced a collaboration to drive engagement between physicians and entrepreneurs that fosters innovative healthcare startups with insight, guidance, and funding to help grow promising companies. Building on a shared conviction
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HealthStream Launches Virtual Reality-Based Education Pilot Program to Improve Resuscitation Outcomes
- Healthstream launches an innovative virtual reality (VR)-based education pilot program through the HealthStream Resuscitation Innovation Lab. - Unique program focuses on leadership capabilities of the clinical team leader in improving resuscitation outcomes, a largely overlooked, critical component of training for code blue events.HealthStream announced today that CHSPSC, LLC (CHS), an affiliate of Community Health Systems, Inc., one of the nation’s leading operators of general acute care
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