Catholic Medical Center Exploring Merger with HCA Healthcare What You Should Know: - Catholic Medical Center (CMC) has signed a non-binding letter of intent (LOI) to explore partnership with HCA Healthcare. The discussions will evaluate a potential agreement where CMC would join HCA Healthcare. - The non-binding LOI is the first step in a well-defined and lengthy process that involves further due diligence, negotiation of final terms, and approvals. In the meantime, the excellent
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Veradigm, On Belay Health Solutions Expand Value-Based Care Solutions to More Primary Care Practices
What You Should Know: - Veradigm Inc., a provider of healthcare data and technology solutions and On Belay Health Solutions announced a strategic collaboration to support primary care providers in improving patients’ health outcomes while strengthening their practices’ financial foundation. - The shift from a fee-for-service healthcare delivery model to a value-based care model has significantly changed the way healthcare is delivered and reimbursed in the United States. Veradigm’s
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Lark Health Expands Weight Management Offerings to Support GLP-1 Needs
What You Should Know: - Lark Health, a conversational-AI health coaching platform for managing chronic conditions expands its weight management program to include the clinical management of GLP-1s – and taking a different approach. - These expanded offerings build upon Lark’s long and proven track record as one of the largest diabetes prevention programs (DPP) and weight loss providers for health plans, ensuring personalized support for every member, regardless of where
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Midi Health Raises $25M for Virtual Menopause Care Clinic Led by Google Ventures
Midi Health, a national virtual clinic offering insurance-covered personalized, telehealth treatment for women navigating midlife hormonal change raises $25M in Series A funding led by GV (Google Ventures). Investors Frederique Dame and Cathy Friedman from GV are joined by current investors Felicis, Semper Virens, Icon, 25M and Operator Collective, bringing the company's total funding raised to date to $40M. - The company will leverage the new capital to expand operations nationwide and to
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10 Secular Trends That Will Define the U.S. Healthcare System
What You Should Know: - Trilliant Health, a healthcare industry’s analytics and market research firm announced it has published its 2023 Trends Shaping the Health Economy Report. The 147-page report is a fact-based national analysis of 10 data-driven trends that will define the landscape, and subsequent challenges, for all players in the health economy. - Previous editions of the Trends Shaping the Health Economy Report concluded that healthcare is a negative-sum game and that
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COTA Launches EHR Dataset to Advance Generative AI Models for Cancer Care
What You Should Know: - COTA, a real-world oncology data and analytics company announced the launch of Vista, a large-scale automated EHR dataset to accelerate cancer research and the deployment of trusted generative AI in cancer care. - Vista will provide biopharmaceutical companies with timely insights from real-world data sources to bring life-saving therapies to market faster. Vista uses automated data abstraction techniques, machine learning algorithms, and medical expert
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CirrusMD Expands VA Health Chat, Improving Care Access for Veterans
What You Should Know: CirrusMD, a leading provider of scalable virtual care announced a national expansion of ongoing work with the United States Department of Veteran Affairs (VA). This continuing work includes the expansion of VA Health Chat, which is provided to Veterans by CirrusMD on behalf of the VA, through its agreement with the prime contract holder, Iron Bow Technologies. VA Health Chat is now available to more than 5.1 million Veterans, representing
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Vivante Health Closes $31M to Advance Digital Digestive Health Platform
What You Should Know: – Vivante Health, a Chicago-based provider of digital digestive health raises $31M in Series B funding led by Mercato Partners with participation from Health Catalyst Capital as well as returning investors 7wireVentures, Intermountain Ventures, Distributed Ventures, Human Capital, and SemperVirens. - The latest funding round brings the total capital raised by Vivante to date to $47M, following a $16M Series A round in late 2021. Digital Digestive
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Take Command Secures $25M to Expand ICHRAs Coverage
What You Should Know: - Take Command, a Dallas-based SaaS platform and employer-sponsored, personalized health benefits space secures $25M in growth stage financing led by Edison Partners, with participation from current investors LiveOak Venture Partners and SJF Ventures. - Take Command is the first and largest company in the U.S. to offer end-to-end individual coverage health reimbursement arrangements, or ICHRAs, administrative platforms and access to an individual health
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Geisinger Deploys Exo’s POCUS Ultrasound Workflow Solution
What You Should Know: - Geisinger has announced their implementation of Exo’s point-of-care ultrasound (POCUS) workflow software, Exo Works, to simplify and streamline ultrasound exam documents, billing and quality assurance to improve patient outcomes. - The implementation marks Geisinger as the first health system in PA to implement Exo’s easy-to-use ultrasound workflow solution. - Exo Works will be deployed in Geisinger’s Emergency, Women’s Health and Sports Medicine
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