What You Should Know:
- inVio Health Network and CVS Accountable Care Organization, a division of CVS Health, have announced a collaboration to participate in the new Medicare Accountable Care Organization (ACO) REACH program. This initiative focuses on improving access to high-quality healthcare for traditional Medicare beneficiaries in South Carolina.
- The collaboration builds upon the past achievements of Prisma Health Upstate and Prisma Health Midlands Networks, which merged in
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Digital Health Apps Graveyard: Why 53% Fail and How to Succeed
The digital market is flooded with health apps. Over 90,000 offers were introduced to patients and healthcare providers alike in 2020 alone, with this number continuing to rise in response to mounting healthcare system pressures.
It therefore comes as little surprise to learn that 53% of all digital health apps are uninstalled within 30 days of download. People are more than happy to trial them but fail to achieve continued adherence, oftentimes because the app hasn’t provided them with
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New Report Reveals Biggest Reason Why Nurses Are Quitting
What You Should Know:
- Laudio and the American Organization for Nursing Leadership announced the release of the inaugural Quantifying Nurse Manager Impact report, which delivers insights into the impact of nurse managers on health system financial outcomes and key factors that can impede this impact.
- Leveraging Laudio’s unique data set, the report provides first-of-its-kind data on the influence of leader-team member engagement on nurse retention – a pervasive and costly
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Q1 2024 Digital Health Funding: A Reset & Refocus on Outcomes
What You Should Know:
- Q1 2024 Digital health funding in the U.S. reached $2.7B across 133 deals, with an average deal size of $20.6M, according to Rock Health’s Q1 2024 Digital Health Funding Report.
- The report reveals the digital health funding landscape has undergone a significant shift in Q1 2024, marking a transition from a period of rapid growth to a more measured environment focused on long-term sustainability. This signals a shift towards smaller check sizes, indicating a more
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UnitedHealth Faces New Ransomware Threat After Alleged $22M Payment Failure
What You Should Know:
- UnitedHealth Group is embroiled in a new ransomware saga, just as it recovers from a February attack, according to a blog post from threat intelligence firm SOCRadar.
- A hacking group called RansomHub claims to possess 4 terabytes of stolen data from UnitedHealth's subsidiary, Change Healthcare and is demanding a ransom to prevent its release.
RansomHub's Demands and Allegations
This data supposedly includes the personal details and medical records of
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Vista Equity Partners Acquires Model N for $1.25B
What You Should Know:
- Model N (NYSE: MODN), a leading provider of revenue optimization and compliance solutions for the life sciences and high-tech industries, has announced a definitive agreement to be acquired by Vista Equity Partners ("Vista").
- Under the terms of the agreement, Vista will acquire all outstanding shares of Model N common stock for $30.00 per share in an all-cash transaction valued at approximately $1.25 billion.
- The transaction is expected to close in
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WHO Unveils S.A.R.A.H.: An AI-Powered Digital Health Promoter
What You Should Know:
- The World Health Organization (WHO) unveils S.A.R.A.H., an AI-powered digital health promoter, available 24/7 in eight languages via video or text.
- S.A.R.A.H. provides tips to destress, eat right, quit tobacco and e-cigarettes, be safer on the roads as well as give information on several other areas of health.
About Sarah: WHO’s First Digital Health Promoter
S.A.R.A.H. (Smart AI Resource Assistant for Health) leverages cutting-edge generative AI
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Aegis Ventures Launches “Digital Consortium” with 9 Health Systems for Healthcare Innovation
What You Should Know:
- Aegis Ventures, a New York-based healthcare venture studio, announced the formation of the Digital Consortium, a groundbreaking initiative designed to tackle some of healthcare's most pressing challenges with nine leading health systems.
- Consortium members will innovate directly with Aegis to co-develop, invest in, and deploy healthtech solutions that address healthcare’s most urgent quality, equity, and cost problems, and enable them to better care for the
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Sagility Acquires BirchAI: Boosting Healthcare Engagement with Generative AI
What You Should Know:
- Sagility, a healthcare services provider acquires BirchAI, a Seattle-based company specializing in cloud-based, AI-powered customer support solutions. This strategic move strengthens Sagility's commitment to leveraging technology for a more efficient and impactful healthcare experience.
- The acquisition broadens Sagility’s analytics and automation-backed healthcare engagement services that it provides to large national payers, Blues plans, regional payers, health
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Nurse Shortage, Burnout Top Concerns for Healthcare Workers: AI Seen as Potential Solution
What You Should Know:
- A new survey by Carta Healthcare®, a company focused on harnessing the power of clinical data, sheds light on the pressing challenges faced by healthcare professionals in the United States.
- In honor of Certified Nurses Day, the survey conducted Propeller Insights in January/February 2024 among 500 healthcare workers, reveals that staff shortages and burnout are taking a significant toll on the industry.
Staffing Shortages: The Root Cause of Burnout
While
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