What You Should Know:
- LifePoint Health and Google Cloud announced a multi-year partnership aimed at using Google Cloud’s Healthcare Data Engine to transform healthcare delivery in communities across the U.S.
- The Healthcare Data Engine aggregates and organizes data from multiple sources, and for LifePoint, will be used by a patient’s healthcare provider to help clinicians gain further insight into patients records and data. This collaboration brings
Read More
M&A: Vālenz Acquires Health Cost Control
What You Should Know:
- Vālenz has acquired Health Cost Control Inc., a national provider of medical cost containment solutions with more than 25 years’ experience. Financial details of the acquisition were not disclosed.
- With specialization in claim and cost review services for high-dollar claims, including dialysis, air ambulance and behavioral health billing, Health Cost Control offers custom-designed programs for health plans, third-party administrators,
Read More
HCSC Launches Virtual Primary Care, Powered by Teladoc Health
What You Should Know:
- Health Care Service Corporation (HCSC) announces it is expanding its virtual care portfolio by offering virtual primary care to some midsize and large employer groups in Illinois and Texas starting January 1, 2023.
- HCSC’s virtual primary care program is powered by Teladoc Health, which supplements HCSC’s network of providers to increase convenient, timely access to care.
Virtual Primary Care Offering
The virtual primary care model is designed to help
Read More
Capital One Leads $2.3B Financing for R1 RCM
What You Should Know:
- Capital One Commercial Bank just announced it served as a joint lead arranger for an amended and restated credit facility for R1 RCM, a leading provider of technology-driven revenue cycle management (RCM) solutions for the healthcare industry.
- This $2.3 billion financing will help RI RCM tackle the industry’s labor and reimbursement challenges and help healthcare provider organizations reduce costs, increase revenue, and improve the patient
Read More
CertifyOS Secures $14.5M for Frictionless Provider Intelligence
What You Should Know:
- New York City-based CertifyOS raises $14.5M in Series A funding led by General Catalyst and has received Accreditation from the National Committee for Quality Assurance (NCQA), a private, non-profit organization dedicated to improving healthcare quality.
- CertifyOS delivers API-first credentialing, licensing, and enrollment to payors, health systems and rapidly-scaling digital health companies.
Provider Intelligence Platform
Started by former Oscar Health
Read More
Upfront Raises Additional $10M for Automated Patient Navigation & Engagement Platform
What You Should Know:
- Upfront Healthcare, a leading omnichannel communication, and patient engagement platform raise an additional $10M co-led by Baird Capital, Echo Health Ventures and First Trust Capital Partners, with additional participation from existing investors including LRVHealth, Hyde Park Venture Partners, and Nashville Capital Network.
- As market demand surges for patient engagement solutions, the investment bolsters Upfront's trajectory of market leadership through
Read More
Olive Diagnostics Raises $7.3M for AI-Powered Urine Analysis Device
What You Should Know:
- Israeli medical device start-up Olive Diagnostics, which uses an optical sensor and AI-powered device to perform 100% passive real-time urine analysis, is extending its seed funding round to $7.3 million, after raising an additional $1.5 million from existing investors and private investors.
- The investors in the pre-seed stage include Israeli HMO Maccabi Healthcare Services, Mayo Clinic, eHealth Ventures, Amgen Ventures, The Israel Innovation
Read More
AWS Names 10 Startups for 2022 AWS Healthcare Accelerator Cohort
What You Should Know:
- AWS names the ten digital health startups selected for its AWS Healthcare Accelerator cohort, focused on health equity.
- With the aim of reducing health disparities, these startups are increasing access to health services, addressing social determinants of health, and leveraging data to promote equitable and inclusive systems of care.
2022 AWS Healthcare Accelerator Program Details
Over the course of the four-week program, these 10 startups will receive
Read More
Salucro and Luma Health Integrate to Simplify Patient Payments
What You Should Know:
- Salucro Healthcare Solutions, a healthcare payment technology company, today announced an innovative technology partnership with Luma Health, the technology company behind the world’s first Patient Success Platform™.
- The partnership will combine Luma’s platform and Salucro’s patient-friendly financial engagement solutions to enable their clients to more efficiently collect payments throughout the patient journey.
Personalized Payment Integrations Throughout the
Read More
Hospital Finances Down As Funding Dries Up, Report Finds
What You Should Know:
- Hospitals and health systems saw decreases in outpatient revenue and operating room time and increases in inpatient lengths of stay from June to July 2022, leading to a decline in financial performance after months of improvement, according to the latest National Hospital Flash Report from Kaufman Hall.
- The analysis reveals that U.S. hospitals and health systems are experiencing some of the worst margins since the beginning of the COVID-19
Read More
