Swedish digital health startup Lifesum has raised $10 million in funding led by global venture capital firm Nokia Growth Partners (NGP), with participation from Draper Esprit, Bauer Media Group and SparkLabs Global Ventures. The Stockholm-based company will utilize the funding to increase its talent base across multiple areas including engineering, product, design and marketing as it expands in Europe and the United States. Founded in 2008 by Henrik Torstensson, CEO, and Marcus Gners, COO,
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BYOD: Delivering On The Promise of Connected Health
With the proliferation of personal technologies, the “Bring Your Own Device” (BYOD) concept is helping to lead the way toward a more integrated model of care delivery that puts the patient at the center and focuses on improved access and better outcomes. For HCPs and patients alike, we’re seeing BYOD on the rise as a “digitally native” generation comes of age and advanced connectivity becomes the norm. The infographic shown below created by Philips illustrates the rise of BYOD, the benefits of
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Loopback Analytics Unveils Geographic Dashboard to Help Hospitals Understand Post-Acute Care Providers
Loopback Analytics, a health care data integration and analytics company has unveiled its new Loopback Geographic Analysis Dashboard, an interactive analytics tool that allows hospitals to visually assess the quality of post-acute providers in their geographic region.The dashboard features simple ranking criteria, color-coded quality indicators and an interactive map allowing hospitals to see which skilled nursing and home health care providers in their local/regional networks and beyond deliver
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Medecision Launches Population Health Apps for Medicaid, Medicare Advantage
Medecision, a population health management company for risk-bearing healthcare organizations has unveiled Aerial™ for Medicaid and Medicare Advantage, a suite of modular clinical and financial apps focused on improving CMS Medicare and Medicaid population health. These essential tools deliver better patient outcomes, reduce care cost, and enable critical complex care management strategies by:- capturing quality measures;- assessing baseline data; and- efficiently complying with changing
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Caremerge Lands $14M to Expand into Post-Acute Market
Caremerge, a cloud-based communication and care coordination platform for the senior care industry has raised $14M in institutional funding led by Insight Venture Partners, with participation from previous investors Grażyna Kulczyk, Cambia Health Solutions, Ziegler LinkAge Longevity Fund, GE Ventures, and Arsenal Venture Partners.The Chicago-based startup will utilize the capital infusion to accelerate its expansion into the post-acute market. The investment round also adds new additions to the
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Report: Healthcare Analytics Market Expected to Reach $43B by 2024
The global healthcare analytics market is expected to reach $42.8 billion by 2024, according to a new report by Grand View Research, Inc. Growth in the healthcare analytics market is largely being driven by: - providers ability to identify clinically meaningful outcomes in relation to costs through the investigational mining of EMRs to identify inherent medical inaccuracies in the system to provide cost effective patient treatment- accelerated adoption of big data that enables informed patient
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ECG Management Consultants Acquires Kurt Salmon’s Healthcare Division
Healthcare management consultant firm ECG Management Consultants, today announced it has acquired the healthcare division of Kurt Salmon. The sale of Kurt Salmon's healthcare division by parent company Management Consulting Group PLC, a London-based professional services company is expected to be $12M ((equivalent to approximately £9.2 million), Interactive Investor reports. An additional $1M of consideration is deferred and contingent on post completion performance. MCG will retain the reminder
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Study Reveals Texts Messages Engage, Activate Medicaid Members
Study findings released this week reveal interactive, two-way text messages has a positive impact on engagement, knowledge base, activation, and ultimately resource utilization among Medicaid members. Conducted by CA-based Inland Empire Health Plan in partnership with mPulse Mobile, the study’s results are encouraging given CDC data released last month noting a rise in ED utilization with Medicaid/CHIP accounting for 25% of all ED visits.As Medicaid-centric health plans including IEHP grow,
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Validic Integrates Patient-Generated Data with SAP Connected Health Platform
Digital health integration platform Validic has announced a strategic partnership with SAP to integrate patient-generated data into the SAP Connected Health platform. Through this strategic relationship, Validic will enable SAP and its global healthcare clients the opportunity to scale the access patient data from clinical devices, wearables and consumer health apps. Validic-SAP Patient Generated Data IntegrationValidic's digital health platform, delivering access to health insights from over
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How Virtual Reality Can Improve Patient Experience in Healthcare
Editor’s Note: This post is sponsored by Samsung. The global market for Virtual Reality (VR) in healthcare is projected to reach $3.8 billion by 2020 driven by technology advancements in healthcare IT, which would undoubtedly expand its use into more diverse applications and medical disciplines while also increasing the demand for rehabilitation and simulation VR-training in hospitals and clinics. VR technology continues to gain ground and visibility as a potential diagnostic tool in the form
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