What You Should Know:
- Today, CVS Caremark, the Pharmacy Benefit Manager (PBM) of CVS Health announced a larger PBM contract with the Government-wide Service Benefit Plan (also known as the Federal Employee Program), which has provided benefits to the federal workforce for 60 years and covers 5.5 million employees, retirees and their families. CVS Health has been the pharmacy benefit manager for the Service Benefit Plan since 1993 and has partnered with them to provide and evolve the
Read More
Digital Health | News, Analysis, Insights - HIT Consultant
SOC Telemed Acquires Access Physicians for $194M to Form Largest Acute Telemedicine Provider
What You Should Know:
- SOC Telemed, today announced the acquisition of Dallas-based Access Physicians in a deal valued at $194 million in cash and stock to become the largest pure-play provider of acute telemedicine in the country.
- The company will deliver care to almost 1,000 facilities including more than 700 hospitals in 48 states. In addition to an expanded national footprint this deal will expand clinical service lines including infectious disease, cardiology, maternal-fetal
Read More
ProPhase Labs Acquires Digital COVID-19 Vaccination Passport
What You Should Know:
- ProPhase Labs, Inc., a diversified medical science and technology company, announced today that it has acquired the “VaccTrack” suite of digital solutions that can provide secure and reliable certification of a user’s vaccination and Covid testing results.
- A digital vaccination certificate, or “passport” is based on a mobile app that confirms that a user has been vaccinated against Covid-19, or, if the user has been tested for Covid-19, can confirm the test
Read More
To Advance Health Equity, Put Real-World Cancer Data to Work
Despite decades of scientific progress against cancer, access to treatment remains highly unequal. Some of the reasons — like institutional racism and poverty — are a reflection of our broader society. Other inequities may go unrecognized but are no less damaging. People with underlying health conditions, for example, may be excluded from clinical trials, preventing them from accessing leading-edge treatments and limiting the evidence available to guide their care.
With multiple drivers of
Read More
How the Pandemic is Accelerating the Shift to Alternative Care Delivery Models
The COVID-19 pandemic has transformed how we interact with one another, with businesses, and with the world around us. From social distancing to hand sanitation to remote working, its impact on society is immense. And among the various industries that are experiencing significant change as a result of the pandemic, healthcare tops the list. Supply chain disruptions, crowded ICUs and exhausted medical staff has taken a toll on hospitals and clinics — and they’ve had to pivot rapidly to new
Read More
AppliedVR Lands $29M for VR Platform to Treat Chronic Pain
What You Should Know:
- AppliedVR, a Los Angeles, CA-based company advancing the next generation of digital medicine, today announced $29 million in Series A funding, bringing its total funds raised to date to $35 million. The round, which includes key investors F-Prime Capital, JAZZ Venture Partners, Sway Ventures, GSR Ventures, Magnetic Ventures and Cedars-Sinai, will fuel the company’s growth as it pursues full FDA approval over the next year.
- Founded in 2015, AppliedVR provides
Read More
Evidation Health Nabs $153M to Expand Virtual Health Programs
What You Should Know:
- Evidation Health announced it has raised $153 million in Series E funding co-led by OMERS Growth Equity and Kaiser Permanente Group Trust. Existing investors including McKesson Ventures and B Capital also joined.
- Founded in 2012, Evidation measures health in everyday life and enables anyone to participate in ground-breaking research and health programs.
- Evidation, which works with nine of the 10 largest global biopharma companies, already delivers research
Read More
Bright.md Expands Solution to Automate Pre-Visit Workflows
What You Should Know:
- Bright.md today announced the launch of its expanded solution to automate pre-visit workflows to drive efficiencies in care delivery
- Bright.md new three offerings include Navigate, Interview, and Treat.
- Navigate: Healthcare systems can now engage their patients and coordinate care delivery through the platform's new offering, Navigate. This product captures the symptoms and chief complaints from patients to instantly route them to the optimal care pathways
Read More
Glooko Raises $30M to Expand Digital Diabetes Management Platform
What You Should Know:
- Glooko, a Palo Alto, CA-based provider of remote patient monitoring and chronic care management solutions including diabetes and obesity, today announced that they have raised a $30 million Series D round of funding. The funding was led by Health Catalyst Capital along with participation from existing investors Canaan Partners, Georgian, Novo Nordisk, Insulet and Mayo Clinic.
- Glooko plans to use these proceeds from this funding to accelerate organic growth and
Read More
Grand Rounds Merges with Doctor on Demand to Create New Virtual Care Company
What You Should Know:
- Grand Rounds, a leader in healthcare quality and clinical navigation, and Doctor on Demand, the nation’s leading virtual care provider, announced their merger agreement, creating a first-of-its-kind integrated virtual care company.
- These two premier platforms will offer a patient and provider experience unmatched elsewhere, providing a full suite of digital and interactive solutions to help people address the $300 billion problem of uncoordinated care in the
Read More
