What You Should Know:
Praia Health, a newly formed digital health company, today announced the closing of a $20 million oversubscribed Series A financing led by Frist Cressey Ventures and backed by SignalFire, Epsilon Health Investors and Providence Ventures.The funding will bolster the platform’s ability to revolutionize the delivery of individualized health solutions at scale, enabling digitally driven health system transformation.
Praia Health: Transforming
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Digital Health | News, Analysis, Insights - HIT Consultant
Intermountain Deploys Remote Patient Monitoring for Older Adults with Chronic Conditions
What You Should Know:
- Intermountain Health, a healthcare system forms a strategic partnership with Sensorum Health, a healthcare technology company specializing in remote patient monitoring.
- The strategic collaboration aims to improve health outcomes and primary care access for older adults living independently with multiple chronic conditions. By focusing on early detection and personalized care plans, they aim to empower older adults to live healthier, more independent
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QuickMD Acquires Project Recovery, Expanding Access to Telehealth Addiction Treatment in South Dakota
What You Should Know:
- QuickMD, a leader in telehealth addiction treatment, has announced the acquisition of Project Recovery, a well-respected addiction treatment clinic in South Dakota. This strategic move strengthens QuickMD's commitment to making high-quality addiction treatment accessible and compassionate for individuals battling substance use disorders.
- The acquisition allows QuickMD to offer a seamless continuum of care, from telehealth consultations to in-person appointments
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Hospital Staffing Shortages Lead to Frustrated Patients, J.D. Power Report Finds
What You Should Know:
- A new report by J.D. Power reveals concerning trends in US hospitals, highlighting patient dissatisfaction with limited doctor access, lengthy wait times, and communication issues.
- The J.D. Power report underscores the need for hospitals to address staffing shortages and prioritize patient satisfaction. By focusing on communication, patient engagement, and a more comfortable hospital environment, healthcare facilities can improve patient experiences and
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Pelago Secures $58M to Expand Substance Use Management as an Employee Benefit
What You Should Know:
Pelago the leading digital clinic partner to U.S. businesses and health plans for substance use management, today announced $58 million in new funding on the strength of customer growth and validated ROIExisting investor Atomico doubled down to lead this Series C investment on the back of Pelago's impressive growth, with participation from all existing investors Kinnevik AB, Octopus Ventures, and Y Combinator plus new
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The Rise of Digital Rehab: Tech Solutions for Senior Recovery
Future-forward technologies have traditionally been associated with sci-fi narratives and cutting-edge software companies, often overlooking their potential to transform a wide array of industries beyond entertainment and tech.
The senior care sector, particularly in the realm of short-term rehabilitation, is witnessing a transformative wave thanks to these cutting-edge applications. Imagine a scenario where your loved one benefits from rehabilitation not only through traditional methods but
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Report: Generative AI and Integration Key to Bridging Payer-Provider Gap
What You Should Know:
- A new report by HFS Research, in collaboration with Cognizant, sheds light on critical trends shaping the future of healthcare in the United States. The report, titled "Re-energize Health Consumer Engagement and Bridge the Payer-Provider Divide with GenAI," explores the potential of Generative Artificial Intelligence (GenAI) and vertical integration to improve healthcare delivery.
- The report also emphasizes that the healthcare system must embrace new approaches
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The ‘Holy Grail’ of Coding Automation: Why Inpatient AI is Around The Corner
Autonomous inpatient coding. This may sound like a pipe dream for revenue cycle leaders, whose hopes were likely raised and crushed in the early aughts. But it's coming sooner than most think.
Why is true inpatient coding automation the "holy grail" – as Kerry Gillespie, a former CFO at Intermountain Health and now an executive consultant at Warbird Consulting Partners, said to me at a Healthcare Financial Management Association roundtable last year?
For decades, inpatient services have
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Float Secures $10M to Bring Specialty Care Home for Chronic Conditions
What You Should Know:
- Float, a healthcare marketplace focused on delivering in-home care for chronic illnesses, has secured $10M in Series A funding led by Canvas Ventures with participation from Wave Capital, Y Combinator, Burst Capital, and Also Capital. The round also included angel investor participation from several tech industry founders and leaders including Max Mullen, Co-founder of Instacart, Andrew Bartynski, Vice President of Strategy and Operations at ASRI, Brian Pokorny, former
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Verantos Bolsters Real-World Data Network with 7M Patient Records from CuriMeta
What You Should Know:
- Verantos, the leader in high-quality real-world evidence (RWE) forms a strategic partnership with CuriMeta to expand Verantos' Research Network with de-identified data from 7 million patients,
- The collaboration will enhance the depth and reach of real-world data (RWD) available to life science organizations.
Enhancing RWD Quality and Accessibility
The Verantos Research Network is a unique platform that gathers data from various sources, including academic
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