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
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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
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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
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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
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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
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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
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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
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FundamentalVR Expands into Urology with Teleflex Partnership
What You Should Know:
- FundamentalVR, a provider of virtual reality (VR) integration for medical simulation is expanding its offering into urology through a partnership with Teleflex Interventional Urology.
- Bringing its immersive, haptic VR training solution to urologists, the partnership highlights how FundamentalVR’s advanced technology and high-fidelity graphics will accelerate the learning curve in the use of Teleflex’s UroLift® 2
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Oak Street Health Opens Ninth Center in Arizona
What You Should Know:
- Oak Street Health, a network of value-based primary care centers for adults on Medicare and the only primary care provider to carry the AARP name, is now welcoming patients at the new Rolling Hills Square center at 7040 East Golf Links Road in Tucson.
- This is Oak Street Health’s ninth center in Arizona.
Oak Street Health Background
Oak Street Health delivers personalized, preventive primary care through a model that was created to meet the unique needs of
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POGO Blood Glucose Monitoring Now Available in Kroger Health Pharmacies Nationwide
What You Should Know:
- Intuity Medical, Inc., a commercial-stage medical technology and digital health company focused on making life with diabetes easier, today announced that the POGO Automatic® Blood Glucose Monitoring System is now available at the more than 2,200 U.S. pharmacies of Kroger Health, the healthcare division of The Kroger Co.
- With POGO Automatic Monitors and Cartridges now available at all Kroger Health pharmacy locations, the simplicity of One-Step testing
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