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Health IT | News, Analysis, Insights - HIT Consultant

CareCar Raises $3M to Expand Tech-enabled Benefit Manager Platform

by Jasmine Pennic 04/30/2021 Leave a Comment

CareCar Raises $3M to Expand Tech-enabled Benefit Manager Platform

What You Should Know: -  CareCar, a tech-enabled benefit manager and value-based healthcare services platform, announced that it has raised $3M in seed funding led by Kapor Capital and Impact America Fund, with Concrete Rose participating as a co-investor. - CareCar specializes in managing non-emergency medical transportation benefits and in-home care benefits (ADLs, IADLs, Home Assessments & Modifications). The platform automates the logistics, HIT, and UM & QA aspects of
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CVS Health Launches Employer-Based COVID-19 Vaccination Program

by Fred Pennic 04/29/2021 Leave a Comment

CVS Health Launches Transform Oncology Care Program, Partners with Tempus

What You Should Know: Today, CVS Health announced it recently began administering COVID-19 vaccines at employer-based vaccination clinics through Return Ready, the company’s comprehensive COVID-19 solution that helps employers return and maintain healthy workforces. - With vaccine hesitancy on the rise, federal and state governments are looking to partners, like employers and CVS Health, to help by making vaccines more convenient to access and enhancing public education
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How Mobile Channels Improve Patient Engagement and Outcomes

by Jeanae DuBois, Chief Marketing Officer, Bitwise Technology Consulting 04/29/2021 Leave a Comment

How Mobile Channels Improve Patient Engagement and Outcomes

The past year’s pandemic struck a painful blow to health organizations’ pre-COVID patient engagement efforts. A recent report detailed fewer patient visits amidst coronavirus fears and stay-at-home orders. People are simply not going into clinics to address non-COVID medical needs. The result is more serious health issues developing, such as cancers being found at later stages and chronic conditions advancing beyond easy treatment options. As patient engagement strategies ramp up, mobile
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Outcomes4Me Raises $12M for AI-Powered Cancer Patient Empowerment Platform

by Jasmine Pennic 04/28/2021 Leave a Comment

Outcomes4Me Raises $12 Million in Oversubscribed Series A to Fuel Expansion of AI-Powered Cancer Patient Empowerment Platform

What You Should Know: -  Outcomes4Me Inc., a Cambridge, MA-based developer of an Artificial Intelligence (AI)-powered platform to empower cancer patients to navigate their care, today announced it has raised $12 million in an oversubscribed Series A round led by Northpond Ventures, with participation from all existing investors, including Sierra Ventures, Asset Management Ventures, Merstal Ltd, IRA Capital, and others. Andrea Jackson, a Northpond Ventures Director, will
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Digital Therapeutics Startup Kaia Health Raises $75M to Optimize MSK & COPD Care

by Fred Pennic 04/28/2021 Leave a Comment

Kaia Health raises $75M

What You Should Know: - Digital therapeutics company, Kaia Health, has raised $75M Series C round (total: $125M) to expand clinical capabilities and transform the treatment path for Musculoskeletal (MSK) and Chronic obstructive pulmonary disease (COPD) care in the U.S. and Europe. - The Series C round was led by an unnamed leading growth equity fund with support from existing investors, including Optum Ventures, Eurazeo, 3VC, Balderton Capital, Heartcore Capital,
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Caresyntax Raises $100M to Expand Digital Surgery Platform in Key Markets

by Fred Pennic 04/28/2021 Leave a Comment

Caresyntax Raises $100M to Expand Digital Surgery Platform in Key Markets

What You Should Know: - Caresyntax, a Boston-based enterprise-level digital surgery platform delivering actionable insights to make surgery smarter and safer, today announced that it has closed a significantly oversubscribed $100 million Series C funding round led by PFM Health Sciences LP, which also included participation from Optum Ventures, Intel Capital, Lauxera Capital Partners, Vesalius Biocapital Partners, Arno Capital, Rezayat Investments, as well as current investors IPF Partners,
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Why the Digital Front Door is Critical to the Healthcare Revenue Cycle

by Joel French, EVP of Patient Experience at R1 RCM, Inc. 04/28/2021 Leave a Comment

Why the Digital Front Door is Critical to the Healthcare Revenue Cycle

The COVID-19 crisis has upended many of our traditional business procedures and processes. However, because digital transformations were well underway before the pandemic, the shift to remote work and contactless consumer self-service was swift. In healthcare, digital strategies that were expected to take 10 years to accomplish may now be compressed into three. That acceleration is especially evident with the “digital front door” – a strategy for engaging patients at every major touchpoint of
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Lyniate Acquires Datica Integration Business to Deliver Interoperability

by Jasmine Pennic 04/27/2021 Leave a Comment

Lyniate Acquires Datica Integration Business to Deliver Interoperability

What You Should Know:- Lyniate announced the acquisition of Datica Integrate and the subsequent launch of Lyniate Envoy, the company’s new cloud-based data integration solution. - Powered by the Datica Integration team, Lyniate Envoy provides healthcare organizations with the support necessary to rapidly integrate their healthcare IT solutions with EHRs, labs, public health departments, and more.  - Together, Lyniate Corepoint, Lyniate Rhapsody, and Lyniate Envoy
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Narrow Margins, Low Patient Volumes Fuel Ongoing Financial Instability for Hospitals

by Fred Pennic 04/27/2021 Leave a Comment

Narrow Margins, Low Patient Volumes Fuel Ongoing Financial Instability for Hospitals

What You Should Know: - Narrow margins, low patient volumes, and high costs fuel ongoing financial instability for U.S. hospitals, health systems, and physician groups, according to two new reports from Kaufman Hall. - U.S. hospitals and health systems saw mixed performance in March, as national COVID-19 metrics plateaued early in the month before climbing steadily again with increased spread of COVID-19 variants, as shown in the latest issue of the National Hospital
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Innovaccer Launches Enterprise Data Platform for Payers on the Innovaccer Health Cloud

by Jasmine Pennic 04/27/2021 Leave a Comment

Innovaccer Launches Enterprise Data Platform for Payers on the Innovaccer Health Cloud

What You Should Know: - Innovaccer, Inc., a San Francisco, CA-based healthcare technology company, has launched its Enterprise Data Platform for payers on the Innovaccer Health Cloud. - The solution will enable healthcare payers to accelerate digital transformation, facilitate interoperability, foster collaboration across stakeholders in the healthcare ecosystem, and comply with regulatory requirements. - Fragmented data and siloed applications have caused inefficiencies for U.S.
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