What You Should Know:
- Lyfegen, a global health tech SaaS company driving the world’s transition from volume to value-based healthcare for high-cost drugs raises $8M in Series A financing round led by aMoon, with additional participation from APEX Ventures and others.
- Lyfegen’s value-based contracting software is used by healthcare payers and leading pharma companies, including Novartis, Roche, MSD, Bristol Myers Squibb (BMS) and Johnson & Johnson.
Value-Based
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Children’s Oncology Group Taps Tempus to Provide Genomic Sequencing for Pediatric Cancer Patients
What You Should Know:
-Tempus, an $8B precision medicine company, is providing genomic sequencing for 300 eligible pediatric cancer patients annually through their new collaboration with the Children’s Oncology Group (COG). Tempus’ support for COG – a leader in pediatric oncology research – will assist with matching patients to clinical trials like the Pediatric MATCH Screening Trial APEC1621SC (NCT03155620), which is studying the effectiveness of genetic testing-directed treatment in
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RWJUH Opens Center for Innovation for Medical Research
What You Should Know:
- Robert Wood Johnson University Hospital (RWJUH), an RWJBarnabas Health facility, and Rutgers Robert Wood Johnson Medical School (RWJMS) launched a new model for medical research and innovation today at the grand opening of its Center for Innovation, located on the main campus of the hospital.
- The Center for Innovation is a partnership between RWJUH and Rutgers RWJMS to bring together clinicians, researchers and private industry to invent and develop new
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Epic Integrates with Milliman MedInsight for its Value-Based Performance Management Module
What You Should Know:
- Epic forms strategic partnership with Milliman MedInsight to offer advanced analytics to Epic customers.
- As part of the strategic partnership, Milliman MedInsight will integrate with Epic’s new Value-Based Performance Management module.
- Epic customers will be able to leverage the unparalleled expertise of two leading healthcare technology companies to build the foundation for population health improvement strategies. Epic's new Value-Based Performance
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LifePoint Health and Google Cloud Announce Multi-Year Partnership
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
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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,
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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
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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
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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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