What You Should Know:
- Glytec announced $21M in funding today from Silicon Valley Bank, Savitr Capital and others to help address the challenge that 90% of hospitals in the U.S. face with insulin management.
- Glytec’s insulin management solution, eGMS helps providers track blood glucose data, detect and alert patients in glycemic disarray, provide personalized insulin dosing regimens, and get patients into target blood glucose range
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Health IT | News, Analysis, Insights - HIT Consultant
4 Ways Health Systems Need To Reinvent Themselves to Compete
For about a decade, digital health has been slowly winning the battle against healthcare’s slow pace of change. Digital found an unexpected ally in Covid, as the pandemic forced health systems to adopt virtual solutions wholesale.
As we start to come out on the other side, though, some health systems are contemplating returning to the status quo, especially as they’re feeling acute financial strain.
The majority, however, understand that the pandemic constitutes a sea change in the
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Brave Care Lands $10M to Expand Pediatric Primary and Urgent Care Clinics Nationwide
What You Should Know:
- Brave Care, a Portland, OR-based company providing primary, urgent and remote pediatric to improving healthcare for kids, announced it has raised $10M in Series A funding led by City Light Capital, with participation from AV8, Interplay, Founders Co-op, Refactor, Learn Capital and other value-aligned investors like Gaingels.
- Brave Care currently operates two primary and urgent care clinics in Portland, OR and will use the funding to expand its
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Medchart Raises $17M to Simply The Request of Medical Records for Patients, Businesses
What You Should Know:
- Medchart, a Dallas-based cloud-based platform powering patient-authorized information for businesses, researchers, and consumer services announced it has raised $17M in seed and Series A funding led by Crosslink Capital and Golden Ventures, with additional funds from Vast Ventures, Union Ventures, iGan Partners, Stanford Law School, and hip hop icon Nas, an original backer.
- The company will apply the current investment to accelerate product innovation and hire new
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InterWell Health Raises $46M to Drive Innovation in Value-Based Renal Care
What You Should Know:
- Interwell Health, the leading physician organization driving innovation in the renal industry, announced the closing of a Series B round of equity funding of over $46 million, expanding Interwell’s investor group of premier, visionary nephrology practices across the country.
- Through its network of more than 1,400 nephrologist network participants, and its partnership with Fresenius Medical Care North America (FMCNA), InterWell Health deploys a broad scope of
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Most Providers are Unprepared for The Surge of Post-Pandemic Referrals, Survey Finds
What You Should Know:
- The healthcare industry is bracing for an unprecedented wave of provider referrals that formed as thousands of procedures were canceled or delayed due to COVID-19, according to new research conducted by Innovaccer
- . Despite rising concerns, few healthcare organizations are adequately prepared. Innovaccer’s recent survey reveals that more than half of healthcare executives (53%) are concerned about this coming wave of referrals, but less than half of respondents
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Top 3 Ways to Justify Interoperability Spend & Power Your Physician Alignment Strategy
For decades, interoperability has been a dirty word for hospitals and health systems. No matter how much they have worked at it, paid for it, and thrown IT resources at it, return on investment has been difficult to prove. This has been especially true when executing a community physician alignment strategy to expand care collaboration with unaffiliated physician groups to drive new referrals and revenue into the hospital.
The first step in many physician alignment programs is to formalize
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Cerner to Provide Access to More Than 54M Patient Records for Life Insurance Industry
What You Should Know:
- Cerner has taken another step into the life insurance industry today with an strategic collaboration with MIB, a company providing risk management services to hundreds of insurance companies in the United States and Canada.
- The agreement will establish MIB as the exclusive collaborator to provide access to digital patient data from Cerner within the life insurance industry. MIB will now be able to facilitate access to 54 million patient
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Proximie Raises $38M to Expand Augmented Reality Surgical Platform in U.S. & European Markets
What You Should Know:
- Proximie, a health technology platform company focused on digitizing operating and diagnostic rooms, announced the completion of its $38 million Series B equity financing led by F-Prime Capital, with participation from new investors Questa Capital, Eight Roads, Maverick Ventures, and the support of existing investors Global Ventures, BECO Capital and Cedar Mundi Ventures.
- Founded in 2016 by NHS surgeon Dr Nadine Hachach-Haram, Proximie’s platform enables surgeons
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Innovation, Interoperability Accelerated Healthcare Digital Transformation in 2020
What You Should Know:
- In the face of the COVID-19 pandemic, the digital transformation of healthcare accelerated in 2020 with increased adoption of interoperable tools to support innovations in care management, price transparency and specialty medications, according to the Surescripts 2020 National Progress Report.
- The data, which represents 98% of the U.S. population, reveals how the digital transformation of healthcare was expedited over the
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