What You Should Know:
Arcadia, a healthcare data analytics company raises $125M from Vista Credit Partners and a strategic investor and financing partner focused on the enterprise software, data and technology market.Arcadia helps providers and health plans deliver actionable insights to advance care and research, drive strategic growth, and ensure financial success.The investment will accelerate Arcadia’s platform innovation and go-to-market strategy to meet the growing demand from
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Digital Health | News, Analysis, Insights - HIT Consultant
Accenture Invests in Digital Twin Solution Virtonomy
What You Should Know:
- Today, Accenture Ventures announced it has made a strategic investment in Virtonomy, a provider of data-driven simulations that use existing patient data and digital twin technology to bring life-saving medical devices to market more quickly.
- Virtonomy’s digital twin simulation solution enables medical device manufacturers to build model patient virtual environments for device testing at a reduced cost and with less regulatory complexity.
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1upHealth Raises $40M for FHR Data Platform
What You Should Know:
1upHealth, a modern data platform that’s cloud-based, API-enabled, and FHIR-native today announced the close of a $40M Series C investment led by Sixth Street Growth with participation from existing investors F-Prime Capital, Jackson Square Ventures, and Eniac Ventures. Founded in 2017, 1upHealth’s FHIR®-native platform designed for interoperability and modern computing is used by over 75 enterprise organizations including leading national and
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M&A: Vytalize Health Acquires IPA New York
What You Should Know:
Today, Vytalize Health announced it has acquired Independent Physician Association (“IPA”) of New York, one of the nation's largest IPAs with more than 3,000 providers. Financial details of the acquisition were not disclosed.The deal scales Vytalize's successful value-based care model to new payer arrangements and specialty care across the healthcare spectrum.Based in Suffolk County, IPA NY is one of the largest multi-specialty
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Ocutrx Acquires Spectrum AMT to Advance Capabilities for Medical Devices
What You Should Know:
Ocutrx Technologies, a global technology company developing medical devices with augmented reality (AR), extended reality (XR) and artificial intelligence (AI), acquires Spectrum Advanced Manufacturing Technologies, Inc., a Colorado-based electronics manufacturing and assembly company.With this acquisition, the consolidated Oxutrx_Spectrum company now has seven (7) process lines, including ISO Optics Lab capabilities,
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Oshi Health Raises $30M for Virtual Multidisciplinary Digestive Care
What You Should Know:
- Oshi Health, the virtual specialty care company transforming gastrointestinal (GI) health outcomes and economics raises $30M in Series B funding led by Koch Disruptive Technologies (KDT) and joined by existing investors Bessemer Venture Partners, Flare Capital Partners, Frist Cressey Ventures, CVS Health Ventures and Takeda Digital Ventures.
- Oshi Health is currently available to over 20 million people as a preferred in-network virtual gastroenterology clinic for
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MedArrive Secures $8M to Expand At-Home Care
What You Should Know:
- MedArrive, a Mobile-integrated care management platform company today announced $8M in new funding led by Cobalt Ventures, a wholly owned subsidiary of Blue Cross and Blue Shield of Kansas City (Blue KC). The investment follows MedArrive’s $25 million series A round in November 2021 and brings the company’s total funding to $40.5M to date
- MedArrive plans to use the new investment to expand its payer relationships, build out its team and
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Exec Hires: COTA Appoints First Chief Commercial Officer
What You Should Know:
- COTA, Inc., an oncology real-world data and analytics company, today announced the appointment of Sandy Leonard as its first Chief Commercial Officer.
- As CCO, Sandy will drive COTA’s life sciences growth strategy, prioritizing customer success and experience. More specifically, she will lead a team that is laser-focused on ensuring that pharmaceutical partners have the data assets, analytics, services, and support they need to develop life-saving
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Audio-Only Telehealth Remains Common at Safety Net Clinics, Study Finds
What You Should Know:
Audio-only telehealth visits for both primary care and mental health services remained common at safety net clinics in California since the start of the COVID-19 pandemic, according to a new RAND Corporation study.
The RAND study published in the Journal of the American Medical Association found that in August 2022 audio-only visits still accounted for 1 in 5 primary care visits and 2 in 5 behavioral health visits among people who received care at Federally
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Thinking Beyond CRM to Reach Healthcare Consumers
A new type of purpose-built technology is necessary to manage patient relationships.
Customer relationship management (CRM) systems are commonplace in nearly every industry, though their use in healthcare is complicated. Healthcare is incredibly complex and unique in many ways, and many generic CRM or CRM-like solutions address only one or two elements of the patient journey, such as appointment scheduling and reminders, without factoring in personal needs and preferences, health histories,
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