Patientco latest Series B funding fuels expansion of patient billing and payments technology platform focused on creating a smarter patient financial experiencePatientco, an Atlanta, GA-based next-generation patient billing and payments technology company has raised $28 million in Series B funding led by private equity firm Accel-KKR. The round also included participation from BlueCross BlueShield Venture Partners / Sandbox Advantage Fund. Patientco plans to use the funding to accelerate expand
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IllumiCare Launches App to Solve Blindspot Within EHR for Opioid Prescribing
IllumiCare launches the first controlled substance tracking solution within the EMR to combine inpatient and outpatient data on opioid exposure. A new app for the EHR is alleviating a blindspot in opioid prescribing, giving clinicians the first full picture of opioid exposure on a patient. Currently, treating clinicians look John Doe up in the state’s PDMP to see his opioid history when he comes to the ER in pain. He doesn’t have one, so they prescribe it during his stay then he’s sent home.
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Apixio Unveils AI-Powered Risk Adjustment Auditing Solution for Plans & Providers
Apixio Inc., the data science company for healthcare, today announced availability of the first-ever AI-powered solution to help health plans and provider organizations to undertake internal audits of their risk adjustment payment data with increased accuracy and in far less time than traditional methods. Medicare is increasing the frequency of health plans audits offering Medicare Advantage (MA) products to ensure correct payments. Given the potential revenue impact, it typically takes health
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Identity Automation Acquires Single Sign-On Technology Provider HealthCast
Identity Automation, a leading provider of Access Management (AM), Identity Governance (IGA), and Multi-Factor Authentication (MFA) software, today announced its acquisition of Boise, ID-based HealthCast Inc., provider of award-winning enterprise single sign-on (eSSO) and virtual desktop technology for the healthcare industry. Financial details of the acquisition were not disclosed.Increased regulation and the shift from paper-based to digital records has created new challenges in securing and
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XLerateHealth Accelerator Unveils Its Sixth Class of 10 Digital Health Startups
XLerateHealth, a Louisville-based healthcare accelerator, today announced it has selected ten companies to participate in their sixth cohort of companies. The accelerator’s 12-week intensive program will help the early stage healthcare companies build out their commercialization strategy, which includes their intersection with Payers, Providers (hospitals, ACOs, nursing homes, home health and group practices), and customers (employers and/or consumers). At the conclusion of the Bootcamp cohort,
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RXQ Compounding Raises $7M for FDA Approved 503B Outsourcing Facility
RXQ Compounding, LLC, an Athens, Ohio-based manufacturer of sterile and non-sterile medications licensed to ship to 38 states and Washington, D.C., announced it has raised $7 million in Series A funding led by Ohio Innovation Fund (OIF). RXQ plans to use the latest round of funding to open a new state-of-the-art FDA 503B outsourcing facility for pharmacy compounding, employing hundreds in the Appalachian area of Southeast Ohio. RXQ Compounding, LLC is poised to be a leader in the new paradigm
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Click Therapeutics Lands $17M to Advance Prescription Digital Therapeutics Platform
Click Therapeutics, Inc. (“Click”), a provider of Digital Therapeutics solutions as prescription medical treatments, has raised $17 million in funding led by Sanofi Ventures, the corporate venture capital arm of Sanofi. Sanofi Ventures invests in early-stage biotech and digital health companies with innovative ideas and transformative new products and technologies of strategic interest to Sanofi. Among these areas are rare diseases, vaccines, potential cures in other core areas of Sanofi’s
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Non-Emergency Medical Transportation Pilot Improved Patient No-Show Rates
Results of a 12 month non-emergency medical transportation pilot program reported a significant decline in patient no-shows and increased revenue for Hennepin Healthcare. During the yearlong pilot program, the internal medicine clinic located in downtown Minneapolis deployed Hitch Health’s proprietary, automated technology to offer Lyft rides via SMS rates to patients in need who had previously missed appointments.The software’s flexibility allows health systems to customize ride offers through
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University Hospitals Adopts Needle-Free Blood Draw Technology
University Hospitals Cleveland Medical Center adopts needle-free blood draw technology to reduce anxiety and risks for hospitalized patients.University Hospitals (UH) Cleveland Medical Center in Ohio, announced that it has implemented the PIVO needle-free blood draw device from San Francisco-based medical device innovator Velano Vascular at UH Cleveland Medical Center for inpatient blood draws. UH is the first health system in Ohio to deliver this enhanced experience to patients and is helping
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UCSF and Dignity Health to Develop Digital Patient Experience Platform
Dignity Health and UCSF, announced a collaboration partnership to develop a digital patient experience platform that will provide information and access to patients when and where they need it as they navigate primary and preventive care, as well as more acute or specialty care. The new platform will utilize Dignity Health’s cloud-based infrastructure for its 40 hospitals, while UCSF will contribute its extensive knowledge of the patient experience in specialty care.Collaboration DetailsDuring
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