What You Should Know:
- TytoCare, a virtual care company enabling accessible, high-quality primary care from home, today announced the launch of the Home Smart Clinic, a multi-pronged offering delivering health plans and providers a comprehensive range of elements required to launch a truly successful virtual care program without compromises.
- The Home Smart Clinic is proven to reduce the total cost of care (TCC) for health plans by 10% on average, to deliver 59% more accurate diagnoses
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Rock Health Reveals 4 2022 Digital Health M&A Trends to Watch
What You Should Know:
- The choppy waters of this year’s market have forced a significant slowdown in digital health investment, but buyers and builders alike are seizing the moment to consider mergers and acquisitions (M&A) as strategic opportunities.
- In their latest report, Rock Health explores the sell-side and buy-side dynamics that are making conditions ripe for M&A activity and dig into four M&A approaches being pursued by acquirers in this market moment.
Key
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Greenway Health and Voyce Partner to Boost Health Equity
What You Should Know:
- Greenway Health, a leading health information technology services provider, announced its partnership with Voyce, a virtual, on-demand language interpretation service, to integrate seamlessly, HIPAA (Health Insurance Portability & Accountability Act) compliant communication between patients and staff to improve patient outcomes, maintain compliance, and increase patient satisfaction.
- Through this partnership, Voyce will provide Greenway’s healthcare provider
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Willingness to Use Video Telehealth Increased During Pandemic, Study Finds
What You Should Know:
- Americans’ use and willingness to use video telehealth has increased since the beginning of the COVID-19 pandemic, rising most sharply among Black Americans and people with less education, according to a new RAND Corporation study.
- Following a representative survey panel of Americans from March 2019 through March 2021, researchers found that the willingness to use video telehealth increased overall from 51% in February 2019 to 62% in March 2021.
Rising
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Rising Healthcare Costs Tops Reason Patients Defer Healthcare
What You Should Know:
- Cost concerns increasingly outweighed worries about the pandemic as the top reason Americans deferred healthcare, according to a new study by Qualtrics, the leader and creator of the experience management category.
- Between 2020 and 2022 the share of consumers deferring care because of pandemic-related health concerns decreased by 11 percentage points from 28% to 17% while the share of consumers deferring care because of cost concerns grew by four percentage
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KLAS Report Reveals EMR Functionality & Value Top of Mind for Small Practices
What You Should Know:
- A new report by KLAS provides the latest view on how the major vendors in this market perform and which ones stand out in the areas that small practices (2–10 physicians) care about most.
- Small practices provide a significant amount of outpatient care in the US, and their needs differ from those of their larger counterparts. When it comes to EMR/PM technology, these practices expect up-to-date functionality, steady product performance, solid implementation and
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Forrester Unveils 5 Healthcare Predictions for 2023
What You Should Know:
- A new dawn is on the horizon in healthcare. Equipped with new digital capabilities and pressured by new consumer expectations for personalized, convenient experiences, healthcare organizations face a predicament — act now and stay afloat, fail to act and get consumed by the competition, or risk financial ruin.
- Market research leader Forrester’s latest report explores 5 key predictors for healthcare in 2023.
Healthcare in the Era Post-Covid
COVID-19
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M&A: Smile Digital Health Acquires Alphora
What You Should Know:
- Smile Digital Health, a FHIR® health data fabric and exchange solutions provider, announced that it has acquired Alphora, a market leader in Clinical Quality Language (CQL) that provides tooling and services to unlock clinical reasoning, decision support and other quality metrics capabilities.
- As a result of the acquisition, Smile Digital Health customers now have access to Smile Alphora, the company's new clinical reasoning capability that leverages its Fast
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Ascensia Launches Diabetes Management and Analytics Platform in the U.S
What You Should Know:
- Ascensia Diabetes Care, a global diabetes care company, maker of the CONTOUR® blood glucose monitoring (BGM) system portfolio and exclusive distributor of Eversense® Continuous Glucose Monitoring (CGM) Systems, has launched its online diabetes management and analytics platform GlucoContro.online in the United States.
- Now available in more than 15 countries globally and in the process of further expansion, GlucoContro.online support diabetes management by
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Report: Virtual Care Still in ‘Wild West’ Days Sparking Confusion, High Optimism, Investment
What You Should Know:
- A new "State of Virtual Care" report by Omada Health and Digital Medicine Society, in collaboration with Rock Health, reveals that buyers today are inundated with vendors labeling themselves “virtual care providers,” regardless of the care model they’re selling. This phenomenon is blurring their perception of V1C’s potential impact, and what that means for improvements in healthcare delivery and outcomes.
- V1C solutions like Omada Health are changing the market,
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