Miraki Innovation has announced the launch of the Medical Technology Breakthrough Fund, a $175 million fund that will help finance and build the next generation of innovative medtech companies.Marking the third fund for Miraki’s founder, Chris Velis, Miraki's Medical Technology Breakthrough Fund will help support the company’s mission of identifying and solving the world’s most pressing health challenges through technology. Miraki leverages Chris’ unique, efficient and proven approach to
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JPMorgan Chase to Acquire Healthcare Payments Solution InstaMed
JPMorgan Chase & Co., today announced its plan to acquire InstaMed, a Philadelphia-based healthcare payment network provider connecting providers, payers, and consumers on one platform. The acquisition will expand the bank's suite of payment services designed specifically for healthcare consumers, providers, and payers.Why InstaMed?U.S. healthcare spending is over $3 trillion and is challenged by significant transaction friction and inefficiency. Legacy approaches to bill pay, claims
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$100k Hearst Health Prize for Excellence in Population Health Submissions Now Open
This week, Hearst Health announced that submissions are open for the 2020 Hearst Health Prize, an annual award in its 5th year that recognizes outstanding achievement of organizations managing or improving population health in the United States. The call for 2020 submissions was announced in partnership with the Jefferson College of Population Health (JCPH).Hearst Health Prize OverviewThe Hearst Health Prize evaluates implemented projects that demonstrate improved population health outcomes (it
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UPMC Launches New Telemedicine Company to Tackle Infectious Diseases
UPMC, today announced the launch of a new telemedicine-enabled
company to help hospitals address the nationwide shortage of physicians
specializing in infectious diseases. Backed by the world-class ID expertise of
UPMC, the new company named Infectious Disease (ID) Connect aims to improve outcomes while reducing
transfers and keeping patients in their own communities for treatment.
Factors Driving Formation of ID Connect
UPMC’s
network of hospitals has been providing ID services to
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KPMG, Waystar Integrates Social Determinants of Health Data to Clinical Intelligence Platform
KPMG announced it is integrating social determinants of health (SDoH) data from revenue cycle provider Waystar to KPMG’s Clinical Intelligence (KCI) platform. The integration will harness SDoH data that can help overcome obstacles to medical treatment and affect outcomes to help with care coordination.The Impact of Social Determinants of Health DataSocial, environmental and economic factors – such as transportation, housing, nutrition, and education level – can have a big impact upon medical
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DrChrono Launches Voice Command EHR Feature for Hands-Free Charting
DrChrono Inc., an EHR provider for medical practices, today announced the availability of Chart by Voice for the iPad EHR app. This new feature provides voice command for hands-free charting enabling clinicians to easily maneuver through a patient’s chart and quickly transcribe clinical notes by voice command in the EHR.How ‘Chart by Voice’ WorksThis new feature provides a more streamlined experience for patient encounters as well as faster charting. For example, clinicians can now use voice
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Discovery Health Partners Acquires HealthMind to Expand Revenue Integrity Solution Portfolio
Discovery Health Partners, an industry leader dedicated to helping healthcare payers solve payment and revenue integrity challenges to improve financial outcomes, today announced they have acquired HealthMind, LLC (formerly known as Datametrix Inc.Founded in 2005, HealthMind specializes in pre- and post-payment services that ensure correct payment for both contracted and non-contracted providers using a continuous-looped platform with Dynamic Discovery.Rise of Healthcare SpendingWith U.S.
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BHE Raises $78M To Expand Real-World Evidence Analytics Platform
BHE, a Boston, MA-based innovative healthcare analytics company, today announced a $78 million minority growth investment led by Silversmith Capital Partners (“Silversmith”) and Leerink Transformation Partners (“LTP”). Instant Health DataThe use of real-world evidence (RWE) has grown rapidly within life sciences companies over the last several years, supported by the proliferation of large datasets, new computing technologies, and interest by both payers and regulatory agencies in understanding
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Rutherford Diagnostics Inks 10-Year Partnership with Philips to Improve Diagnostic Services Across England
Royal Philips, a global health technology company has announced it signed a 10-year strategic partnership agreement with Rutherford Diagnostics. This collaboration will utilize Philips innovative radiology technology and Rutherford Diagnostics’ healthcare expertise to deliver and operate advanced personalized diagnostic services through a network of community diagnostic centers, driving the best possible healthcare outcomes for patients. Rutherford Diagnostics is a subsidiary of Proton Partners
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Livongo Launches Pregnancy and Early Parenting Digital Behavioral Health Program
Livongo for Behavioral Health by myStrength has launched a comprehensive set of new evidence-based activities and tools to guide Members in addressing the physical and emotional challenges associated with pregnancy and early parenting. The new Pregnancy and Early Parenting program offers personalized content to all parents and expecting families; including mothers and fathers, partners, single parents, same-sex couples, those who adopt, and anyone else who is expecting a baby or has a child up
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