What You Should Know:
- Healthworx, an agile group of healthcare experts, combines investment, strategic partnership, commercialization, and launch pad capabilities. They are introducing a reimagined accelerator for healthcare startups seeking funding and mentorship.
- The Healthworx Accelerator, formerly known as 1501 Health, will equip startups with the necessary tools and knowledge to navigate and grow within complex and entrenched healthcare markets. The program aims to help startups
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Digital Health | News, Analysis, Insights - HIT Consultant
HarmonyCares Secures $200M to Expand Access to In-Home Primary Care
What You Should Know:
- HarmonyCares, a provider of value-based in-home longitudinal care, raises $200M to make its integrated, physician-led in-home care model available to more vulnerable patients nationwide.
- The funding round, led by General Catalyst, McKesson Ventures, and a large national payer, underscores the critical need to address the primary care access gap in the United States.
Addressing the Primary Care Gap for Vulnerable Populations
A recent survey
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SAIGroup Acquires Get Well to Power Personalized Care with AI
What You Should Know:
- Enterprise AI investment firm SAIGroup announced today the acquisition of Get Well, a leader in digital patient engagement.
- Get Well currently facilitates over 10 million patient interactions annually across more than 1,000 healthcare organizations. Financial details of the acquisition were not disclosed.
Aligning with AI Leaders in Healthcare
This acquisition strengthens SAIGroup's presence in the AI-powered healthcare landscape. Get Well joins
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Avesi Partners Closes $1.35B Fund for Healthcare and Business Services Investments
What You Should Know:
- Avesi Partners LLC ("Avesi" or the "Firm"), a private equity firm specializing in healthcare and business services, announced today the successful closing of Avesi Partners Fund II LP ("Fund II") at $1.35 billion.
- Headquartered in Stamford, Connecticut with an office in Richmond, Virginia, Avesi Partners focuses on partnering with lower-middle market, privately held, and family-owned businesses. Their primary sectors of interest lie in healthcare
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Digital Health Funding Surges TO $5.7B in Early 2024 Despite Market Jitters, Rock Health Reports
What You Should Know:
- The digital health industry is showing signs of strength despite recent economic uncertainties, according to Rock Health’s latest H1 report.
- U.S. digital health startups raised a significant amount in the first half of 2024 ($5.7B), with the potential to exceed full-year totals from 2019 and 2023. This growth is fueled by strong Series A activity, with a median deal size of $15M, indicating larger investments for early-stage companies.
Here's a breakdown
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Why Precision Medicine Demands a Completely New Type of Database
Precision medicine is revolutionizing healthcare - by optimizing the efficiency and therapeutic benefit for particular groups of patients, especially by using genetic or molecular profiling. This approach enables a range of health disciplines, including disease prediction, prevention and the resulting treatments, diagnostic screening for prenatal and newborns, and screening for rare diseases and cancer types. For life sciences, the ability to peer into high-resolution molecular profiles has
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Teladoc Health Announces Executive Leadership Change
What You Should Know:
- Teladoc Health, Inc. has announced a significant change in its executive leadership structure. Laizer Kornwasser, President of Enterprise Growth and Global Markets, has been terminated without cause as part of a reorganization of the company’s executive reporting structure. This change will take effect on July 1, 2024.
- Mr. Kornwasser, who has been with Teladoc since October 24, 2022, will remain with the company in an advisory capacity to the Chief Executive
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The Crucial Role of Patient-Level Data in Elevating Healthcare Outcomes
In today's healthcare landscape, patients are more informed than ever before, thanks to easy access to online resources and a growing focus on patient education. This shift has transformed how healthcare is communicated, fostering a new era of personalized care and stronger connections in the industry. Taking center stage amidst such advancements is patient-level data that is being increasingly leveraged for enhanced care quality and strengthened patient-provider
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AI Nurses: The Solution to the Nursing Shortage and Beyond
The healthcare sector is rapidly adopting AI to help improve disease detection and patient care along with delivering efficiency gains. The technology’s potential is fueling an array of investments and innovations in everything from cancer diagnosis to AI nurses. With respect to AI nurses, many believe this application is the only way to ease the industry's staffing shortages.
With the nursing labor gap expected to exceed 10 million by 2030, coupled with the imperative to improve
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Walmart Seeks Buyers for Shuttered Health Clinics After Failed Expansion
What You Should Know:
- Retail giant Walmart is reportedly shopping around a potential sale of its recently closed health centers, according to a recent Fortune report citing unnamed sources.
- The news comes just a few months after Walmart announced the closure of all 51 of its health clinics in late April.
Financial Losses Prompt Sale
The report claims Walmart has held talks with health insurance companies, including Humana, with the goal of recouping some of the
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