What You Should Know:
- Value-based care provider UpStream raises $140M in Series B funding co-led by Coatue and Dragoneer with additional participation from other top healthcare and technology investors, including Avidity Partners, Define Ventures and Mubadala. This round brings its total funding to nearly $185M to date.
- UpStream supports physicians operating under full-risk, value-based arrangements who are providing care to seniors on Medicare with an integrated platform that
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Health IT | News, Analysis, Insights - HIT Consultant
M&A: Carenet Health Acquires Stericycle Communication Solutions
What You Should Know:
- Carenet Health, a leading provider of 24/7 and on-demand patient engagement solutions, today announced it has acquired Stericycle Communication Solutions, an industry leader in patient engagement technology and solutions and a service of Stericycle, Inc. The companies’ combined capabilities create the industry’s most comprehensive patient experience platform.
- This acquisition emphasizes Carenet’s commitment to providing better healthcare for all, as the combined
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M&A: NextGen Healthcare to Acquire TSI Healthcare for $68M
What You Should Know:
- NextGen Healthcare today announced it has signed a definitive agreement to acquire TSI Healthcare, a privately held value-added reseller located in Chapel Hill, NC. The acquisition will expand NextGen’s presence in specialties including rheumatology, pulmonology and cardiology.
- TSI Healthcare® is a national leader in the sales and support of customized NextGen® Practice Management and Electronic Health Record software. TSI Healthcare delivers innovative,
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KLAS: State of Value-Based Care Reimbursement in 2022 Trends
What You Should Know:
- Value-based care (VBC) has been established as a priority among healthcare organizations and payers as participants have gained more experience in managing their quality metrics and contracts, ultimately realizing returns on their investments.
- For their latest report, Value-Based Care Reimbursement 2022, KLAS talked to 54 healthcare executives—including CEOs, CFOs, CIOs, CMIOs, COOs, VPs and directors of population health, and VPs of analytics—to gauge how
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Telehealth: Addressing The Mental Health Crisis in Kids
Children in America were increasingly struggling with mental health before COVID-19, but the pandemic compounded an already growing crisis. Today in the U.S., nearly one in five children experience a mental health disorder. What’s just as alarming is that for every five children with a mental health disorder, only one will receive treatment.
In October 2021, leading pediatric healthcare associations declared a national emergency in child and adolescent mental health. This declaration was a
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St. Luke’s Health Deploys Epic-Integrated I-PASS Solution for Standardized Handoff Communication
What You Should Know:
- Idaho-based St. Luke's Health System today announced it is implementing Epic-integrated standardized communication tools across the health system and have selected the I-PASS Patient Safety Institute to implement the I-PASS solution.
- The I-PASS handoff bundle enables industry-leading health organizations to rapidly adopt and implement a common language for care transitions across specialties and continuum of
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AWS Launches Amazon Omics for Precision Medicine
What You Should Know:
- AWS announced the launch of a new service, Amazon Omics, to help bioinformaticians, researchers, and scientists store, query, and analyze genomic, transcriptomic, and other omics data and generate insights to improve health and advance scientific discoveries.
- The explosion of “omics” data, such as genomic, transcriptomic, and proteomic data, is driving a new understanding of biology at the molecular level. This, in combination with
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Collective Health Appoints Chief Financial Officer
What You Should Know:
- Collective Health has appointed Chris Newman as its new Chief Financial Officer. Under this leadership, he will be responsible for leading the finance team at Collective Health, while ensuring the company continues to grow in a way that delivers on its brand promise.
Prior to joining Collective Health, Chris served as CFO and Chief Operating Officer for over five years at Rodan + Fields. Over the duration of his career, Chris served as COO and CFO for a number of
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The No Surprises Act is Full of Surprises
The No Surprises Act (NSA) was meant to relieve the financial burden from consumers and help prevent unexpected, and sometimes massive, healthcare bills – a goal that providers, payors and the industry at large can get behind. But a recent survey from Morning Consult found that one in five patients will still receive a surprise bill. Couple this with the scope of changes and many surprises the NSA contains for payors, and providers – and it seems this bill will take some time to live up to its
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How to Empower Patients With Price Transparency
The evolution of e-commerce – led by Amazon – has created an intensely savvy consumer population. Amazon’s platform allows users to easily compare products from different vendors to get the best price. People travel to retail stores to try on clothes and shoes, only to purchase them online for less. Even the longest running game show in television history awards points for knowing how much consumer products cost.
Healthcare, on the other hand, does not engender the same kind of
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