What You Should Know:
- Elevate Health, a Washington-based nonprofit Accountable Community for Health (ACH) organization, has partnered with us to leverage the Innovaccer Health Cloud to strengthen care management and improve patient outcomes. It was challenged to integrate data from disparate sources and close gaps for hundreds of patient records.
- With the Innovaccer Health Cloud, Elevate Health saved $6M in care costs and redefined its care management
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Linux Foundation Public Health creates the Global COVID Certificate Network
What You Should Know:
- Linux Foundation Public Health (LFPH) announced a new collaborative network, the Global COVID Certificate Network, to facilitate the safe and free movement of individuals globally during the COVID pandemic.
- The new collaboration will establish a global trust registry network that enables interoperable and trustworthy exchanges of COVID certificates among countries for safe reopening and provide related technology and guidance for implementation.
- The
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Transcarent Raises $58M for Consumer-Directed Care Platform for Self-Insured Employers
What You Should Know:
- Transcarent, a San Francisco, CA-based provider of consumer-directed healthcare to self-insured employers, just announced $58M in Series B funding led by many of the top health and tech investors, bringing its total funding to $98M.
- Led by CEO Glen Tullman, an industry veteran who previously led Livongo and Allscripts, Transcarent is overhauling the self-insured healthcare industry - a market that is long overdue for disruption. Despite numerous efforts and
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Hawthorne Effect Secures $20M to Decentralize Clinical Trials
What You Should Know:
- Hawthorne Effect, a San Francisco-based solution for decentralizing clinical trials, today announced it has raised $20M in Series A funding led by Northpond Ventures with participation from SignalFire and P5 Health Ventures.
- Founded in 2015, Hawthrone Effect alleviates key issues related to patient recruitment and retention via its tech-driven platform and expansive network of medical professionals.
Hawthrone’s key offerings include:
- Hawthorne Cloud: The
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Nuvolo Secures Funding from Mayo Clinic to Accelerating OT/Cybersecurity Capabilities in Healthcare
What You Should Know:
- Nuvolo, the world's fastest-growing workplace software company, today announced it has extended its Series C round for a total of $32 million.
- The latest investment comes from Mayo Clinic. Nuvolo will use the investment to advance the company's Operational Technology (OT) cybersecurity solution which helps healthcare organizations, and other OT intensive industries, address the growing challenges posed by the proliferation of cybersecurity threats from
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Icario Acquires Consumer Engagement and Health Action Platform ChipRewards – M&A
What You Should Know:
- Icario, the healthcare industry’s leading health action company, announced it has acquired ChipRewards, a leading SaaS platform used by health plans and employers to configure and manage consumer engagement programs.
- With this acquisition, Icario will add self-service configurability and management capabilities that empower health plan teams to customize their approaches to engagement.
- The acquisition comes as CVC Capital Partners (“CVC”), a leading global
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Backed by $6M, DUOS Emerges Out of Stealth with Personal Assistant for Aging
What You Should Know:
- DUOS, a digital health company, came out of stealth today backed by $6M in combined seed funding from healthcare investor Redesign Health and consumer-focused Forerunner Ventures.
- DUOS provides a personal assistant for aging — a Duo — to help older adults stay healthy and age independently in their own homes. DUOS works with its members and their loved ones, along with health plans and providers, to provide holistic, personalized support.
- In addition,
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Medidata Launches New Tech to Transform the Patient Clinical Trial Experience
What You Should Know:
- Today Medidata, a Dassault Systèmes company, launched myMedidata Registries – a new technology that expands and strengthens the company’s myMedidata patient portal to engage patients before and after (i.e., long term follow-up/safety surveillance) a clinical trial.
- The offering, which redefines Medidata’s end-to-end technology solutions and represents a major advance for the life sciences industry, empowers patients to
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33% of Hospital Execs Reported Average Denial Rates of More than 10%
What You Should Know:
According to a recent survey of over 130 hospital executives across the nation, the average denials rate is between 6% and 13%, and over 1/3 of hospital reimbursement executives surveyed responded that their organizations are nearing the denials danger zone of 10%.
The key findings from Harmony Healthcare reflects the need for stronger denials prevention and recovery solutions. Research shows that approximately 85% of denials are preventable, but
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CAQH, EHNAC Partner to Provide Incentives for FHIR App Developers to Become Accredited
What You Should Know:
- CAQH and the Electronic Healthcare Network Accreditation Commission (EHNAC) have partnered to provide incentives for application developers participating in the CAQH Endpoint Directory to become accredited through the Trusted Dynamic Registration and Authorization Accreditation Program (TDRAAP) from EHNAC and UDAP.org, publisher of the Unified Data Access Profiles.
- TDRAAP accreditation affirms an app’s technical
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