- Intermountain Ventures, the strategic investment arm of Intermountain Healthcare has invested in digital care leader Omada Health. - The announcement expands the relationship with Intermountain Healthcare that began five years ago in 2016 and comes off the heels of Omada’s recent $73M funding round. - The Omada Program became a covered benefit for Intermountain employees and their adult dependents in 2019.Today, Omada Health announced a milestone investment from Intermountain Ventures, the
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Parkland Hospital Saves $17M With AI-Powered Predictive Model to Prevent In-Hospital Adverse Drug Events
- Parkland Hospital delivers over $17M in savings preventing in-hospital adverse drug events using an AI-powered predictive model developed by the Park Center for Clinical Innovation (PCCI).- The program, Patients at Risk for Adverse Drug Events (PARADE) demonstrated positive results combating ADEs, a problem that impacts more than 450,000 patients nationwide and increases the risk for re-admissions lengthen the stay of patients by 2 to 3 days and adds almost $4B in extra hospital costs
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Papa Raises $10M to Expand “Grandkids on Demand” Platform to Address Social Isolation in Seniors
- Papa raises $10M in Series A funding to expand “grandkids on-demand” platform to help reduce social isolation in seniors. - Adds partnerships with multiple large health insurance plans, including Humana, Aetna, Priority Health and Alignment Healthcare. - Papa will use the funding to expand its services to a broader population of older adults, via partnerships with additional insurance plans and employee benefits provider.Papa, a digital health company that provides “grandkids on demand” to
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Report: Poor Digital Experiences Are Driving Consumers to Switch Providers
- Consumer frustration is driving more than 2 in 5 U.S. people to consider switching their providers over the lack of digital engagement.- Outdated provider billing processes and a lack of digital payment options & plans are major contributing factors to late/missed payments, and the overall digital transformation of healthcare administration has been a major sore spot within U.S. healthcar- Younger healthcare consumers are significantly more frustrated, more likely to stop seeing providers
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BioElectronics Founder and CEO Andrew J. Whelan Passes Away
- BioElectronics founder and CEO Andrew J. Whelan has died suddenly on Monday night.
- The BioElectronics management team will continue to manage day-to-day operations until a permanent replacement can be confirmed.
Andrew J. Whelan, founder, and CEO of BioElectronics Corp. suddenly passed away in his home Monday night in Frederick, Maryland. Mr. Whelan founded BioElectronics Corporation to bring to market a breakthrough drug-free medical device, ActiPatch Therapy. ActiPatch is an
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Cerner CEO Unveils New Next-Generation Cognitive Platform, Project Apollo
- Cerner CEO Brent Shafer unveils their next-generation cognitive health platform named Project Apollo to bring a cognitive approach to practicing medicine.
- Project Apollo will leverage Amazon Web Services (AWS) infrastructure to accelerate the speed that innovations are integrated by removing manual steps for clients.
- CEO also introduced new predictive modeling to reduce opioid abuse, free Cerner Learning Network for clients, and Cerner Seamless Interoperability to give
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Walmart Brings One Drop’s Smart Glucose Meter to Retail Stores Nationwide
- One Drop’s wireless glucose meter kit and supplies for diabetes management are now available at hundreds of Walmart stores in the United States.- Retail expansion increases accessibility of healthcare technology and support for people with chronic conditions such as diabetes and hypertension.One Drop, a New York City-based provider of digital therapeutic solutions for diabetes and other chronic conditions, today announced that its wireless glucose meter kit and supplies are now available at
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Geisinger Inks 10-Year Deal to Make Cerner Its Preferred Data Platform
- Geisinger announced a 10-year deal with Cerner to expand its use of the HealtheIntent population health platform and make it the health system’s preferred data platform. - Geisinger plans to use the platform to gain actionable insights and intelligence by bringing together data from across it's health system. - Geisinger and Cerner will also create an innovation team to discover, build and implement transformative health care solutions with AI and machine learning.This morning during the
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RLDatix to Acquire Quantros’ Patient Safety Business to Extend Reach Into GRC
- RLDatix has acquired Quantros Inc.’s patient safety business with more than 800 hospitals and health system customers across the United States. - All Quantros Safety Suite customers leveraging their safety solutions and modules will transition to RLDatix. - Quantros staff focusing on the patient safety business will also join RLDatix to ensure no disruption in service or support for Safety Suite users.RLDatix, a provider of governance, risk, and compliance (GRC) solutions that drive patient
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Livongo Inks $50M Diabetes Contract Through Federal Employees Health Benefits Program (FEHBP)
- Livongo has been awarded a contract to provide the Livongo for Diabetes solution to eligible members covered by the Federal Employees Health Benefits Program (FEHBP ) under one health plan.- The contract is Livongo’s biggest contract in company history and will account for $20-25M in revenue in 2020 and $30-35M in revenue for 2021, representing a total of $50-60M including both years.- The announcement reflects Livongo’s overall market traction and how they are expanding from working primarily
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