What You Should Know:
RxBenefits, an employee benefits industry’s first and only technology-enabled pharmacy benefits optimizer (PBO), today announced an agreement to acquire pharmacy benefits consulting firm, Confidio
- The deal will bring together two premier, complementary providers of pharmacy benefits services, further advancing the organizations’ strategic vision to deliver an affordable prescription benefit to both plan sponsors and healthcare consumers.
- Founded in
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Cedar Appoints Krishna Rao as Chief Financial Officer
What You Should Know:
- Cedar, a New York City-based innovative healthcare financial technology platform, announced it has named Krishna Rao as Cedar's first Chief Financial Officer (CFO).
- Rao brings over 15 years of experience growing businesses, most recently serving as Global Head of Corporate and Business Development for Airbnb. In this role, he led and supported financings totaling over $10 billion in equity and debt capital, including the company's initial public offering last
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3M Taps Waystar to Automate Revenue Capture Processes for its Clients
What You Should Know:
- Healthcare payments company Waystar, today announced a partnership with 3M Health Information Systems to help 3M clients improve their payment operations.
- As part of the strategic partnership, 3M will leverage Waystar’s AI-powered solutions that will allow providers, health systems, and hospitals to improve operational efficiency and compliance and collect appropriate, fuller reimbursement.
Why It Matters
Revenue integrity remains a top concern for hospital
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ARTIS Ventures Announces 2021 Class of Healthcare and Life Sciences Fellows
What You Should Know:
- ARTIS Ventures (“AV”), a venture firm focused on pioneering investments in biotech, health, and life sciences, today announced the candidates chosen for the AV Fellows program. The year-long program includes a diverse group of nine fellows from across the world, chosen from more than 150 applicants currently enrolled in a Ph.D. or MD program (or postdoc/residency) with technical expertise ranging from computational biology, synthetic biology, microbiome engineering,
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U.S. Naval Academy Awards NeuroFlow New Contract to Support Wellness and Resiliency of USNA Midshipmen
What You Should Know:
- NeuroFlow, a technology and services provider for behavioral health integration, has been contracted by the U.S. Naval Academy to support Midshipmen wellness during their 47-month journey to commission as naval officers.
- The new offering gives Midshipmen access to a secure mobile application designed to enhance resiliency and, when necessary, support a pathway to care. NeuroFlow’s platform confidentially captures health data to enable the system to provide
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Lightbeam, Surescripts Partner for Med Adherence Across Populations
What You Should Know:
- Lightbeam and Surescripts announced today a partnership that gives Lightbeam’s clients patient prescription histories and real-time refill notifications.
- Lightbeam makes a population health management platform for ACOs, IDNs and other risk-bearing entities. The Surescripts Medication History for Populations service will be available to Lightbeam’s clients, adding valuable insights on top of the robust analytics already available
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ZocDoc Appoints Edward Liu as Chief Financial Officer
What You Should Know:
- ZocDoc, a healthcare marketplace, today announced the appointment of Edward Liu as its Chief Financial Officer.
- During his 20+ year tenure at Morgan Stanley, Liu advised CEOs, CFOs, and boards on their most important strategic and financing decisions, including hundreds of transactions for prominent internet and software companies.
- At ZocDoc, Liu will oversee all financial operations and help further scale the company amid its rapid growth. He joins the
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Syneos Health, Aetion Partner to Offer RWE Solutions to Advance Drug Development and Commercialization
What You Should Know:
- Aetion, a leader in real-world evidence analysis, and Syneos Health® (Nasdaq:SYNH), one of the largest CROs, announced a partnership to provide regulatory-grade data and analytics-driven solutions to advance drug development and improve patient outcomes.
- The partnership aims to generate meaningful real-world evidence (RWE) across all phases of the product lifecycle – introducing commercial expertise and insights far earlier in the clinical process – to
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Withings Devices Integrates with One Drop App for Multi-Condition Employer Program
What You Should Know:
- One Drop and Withings have announced a strategic partnership to integrate One Drop’s AI-powered chronic condition management platform with Withing’s suite of smart medical device. Through this integration partnership, members enrolled in the One Drop employer program can qualify to receive a Withings Body smart scale or a Withings BPM Connect smart blood
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PE Firm Aquiline Capital Partners Acquires Telemedicine Provider Avera eCare
What You Should Know:
- Telemedicine services provider Avera eCare announced it has been acquired by private equity firm Aquiline Capital Partners with $6.4B in assets under management. As part of the acquisition, Aquiline will execute the carve-out of Avera eCare and rename the company Avel eCare. Closing is expected to occur in the fourth quarter of 2021.
- Avel eCare’s more than 230 employees will continue to work for Avel eCare, and its headquarters
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