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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Human API CEO Talks Data Privacy Concerns in Employee Wellness Programs
A recent BBC article discusses the rise in employee health
tracking via wearable devices and highlights a number of concerns around data
privacy. To try and prevent health tracking schemes from crossing ethical
lines, and eroding trust between employee and employer, some industry figures
believe that organizations need to work with third-party vendors who specialize
in managing wellbeing data. These vendors would hold the data independently
under strict privacy rules, and work with employees
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Intrado Acquires EHR-Embedded Closed-Loop Solution Asparia – M&A
Intrado Corporation (“Intrado” or the
“Company”), a global leader in technology-enabled services, announced today
that it has acquired
Asparia, Inc., a leading provider of
patient engagement solutions for health systems, hospitals, and medical practices.
EHR-Embedded Automated Patient Communication Platform
Asparia acts as the communications bridge between the EHR and patients. The company’s simple, easy-to-use platform complements existing functions and reduces staff burden
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M&A: Zipari to Merge with Healthx to Create Leading Consumer Experience Platform for Healthcare Payers
What You Should Know:
- Zipari, the first and
only consumer experience platform built specifically for health insurance,
today announced a strategic growth investment from private equity firm Thoma Bravo, valuing the company at more
than half a billion dollars. As part of the strategic investment, Zipari will merge
with Healthx, a provider of
trusted healthcare engagement technologies, to create the leading CX platform
and solutions for health insurance payers and third-party administrators.
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M&A: Gainwell to Acquire HMS for $3.4B in Cash
What You Should
Know:
- Veritas Capital (“Veritas”)-backed Gainwell Technologies
(“Gainwell”), a leading provider of solutions that are vital to the
administration and operations of health and human services programs, today
announced that they have entered into a definitive agreement whereby Gainwell
will acquire HMS, a technology, analytics
and engagement solutions provider helping organizations reduce costs and
improve health outcomes.
- With over 7,500 employees, Gainwell Technologies
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42 Recently Launched COVID-19 Vaccine Management Solutions to Know
An in-depth look at twelve recently released COVID-19 vaccine management solutions as COVID-19 vaccines are being distributed nationwide.
1. Microsoft
Microsoft
launches a COVID-19 vaccine management platform with partners Accenture and
Avanade, EY, and Mazik Global to help government and healthcare customers
provide fair and equitable vaccine distribution, administration, and monitoring
of vaccine delivery.
Microsoft Consulting Services (MCS) has deployed over 230 emergency COVID-19
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M&A: Philips Acquires Remote Cardiac Monitoring BioTelemetry for $2.8B
What You Should Know:
- Philips acquires BioTelemetry, a U.S. provider of
remote cardiac diagnostics and monitoring for $72.00 per share for an implied
enterprise value of $2.8 billion (approx. EUR 2.3 billion).
- With $439M in revenue in 2019, BioTelemetry annually monitors over 1 million cardiac patients remotely; its portfolio includes wearable heart monitors, AI-based data analytics, and services.
- BioTelemetry business is expected to deliver double-digit growth and improve its
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Highmark Inks 6-Year Partnership with Google Cloud to Power Living Health Model
What You Should Know:
- Highmark Health signs six-year strategic partnership agreement
with Google Cloud to transform the health experience for patients and
caregivers through the development of Highmark Health's new Living Health
Model
- The Living Health model is designed to eliminate
the fragmentation in health care by re-engineering the healthcare delivery
model with a more coordinated, personalized, technology-enabled experience.
Highmark Health and Google Cloud today announced
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