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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Cognoa Awarded FDA Authorization For AI-Based Autism Diagnosis Aid
What You Should Know:
- Cognoa, a pediatric behavioral health company developing diagnostic and therapeutic solutions for children living with behavioral health conditions, has been granted FDA authorization to market the company’s first-of-its-kind, AI-based autism diagnosis aid – Canvas Dx.
- Canvas Dx is the first diagnosis aid designed to help physicians to diagnose autism spectrum disorder (ASD) in
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PE Firm Warburg Pincus Makes Minority Investment in GHX, Thoma Bravo Exits
What You Should Know:
- GHX, a healthcare supply chain leader announced it has entered into a definitive agreement to receive a strategic investment from private equity firm Warburg Pincus. As part of this transaction, minority investor Thoma Bravo has exited its investment. Existing investor Temasek, an investment company headquartered in Singapore, will remain the majority equity holder.
- GHX has employees in the United States, Canada and Europe and is known for operating the largest
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CareCloud Acquires Health IT Consulting Firm MedMatica – M&A
What You Should Know:
- CareCloud today announced it has acquired Santa Rosa Staffing, Inc. and the assets of MedMatica Consulting Associates, Inc., through the closing of an Asset and Stock Purchase Agreement. Financial details of the acquisition were not disclosed.
- The acquisition reflects CareCloud’s continued expansion into the hospital and health system market, through its acquisition of industry leading businesses that provide IT consulting, strategic advisory services and
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PAVmed Launches Veris Health With Acquisition of Oncodisc –M&A
What You Should Know:
- PAVmed announced today their launch of digital health company, Veris Health, along with Veris' acquisition of Oncodisc.
- Oncodisc was created by James Mitchell, M.D. and Andrew Thoreson, M.D. and brings the first implantable vascular access port with biologic sensors and wireless communication, combined with an oncologist-designed remote digital healthcare platform to improve outcomes and optimize the delivery of cost-effective care
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Welltok Relaunches Text4Baby Program to Improve Health for New & Expecting Moms
What You Should Know:
- Welltok today announced it is relaunching its gold standard Text4baby program, an interactive text messaging service, has been updated with the latest prenatal and infant care guidelines and food allergy prevention and management information from FARE, the world’s leading non-governmental organization engaged in food allergy advocacy and the largest private funder of food allergy research. The information is clinically validated with
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PharmStars Launches Pharma-Focused Accelerator for Digital Health Startups
What You Should Know:
PharmStars today announced the launch of its global digital health accelerator to transform how pharma and startups do business. PharmStars is the first and only non-proprietary accelerator for digital health startups that wish to improve their ability to engage with pharma as clients and partners.
For its pharma members, PharmStars offers premium access to a curated group of the most promising digital health startups that align with their digital health strategy. The
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