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How My Telehealth Company Used Revenue-Based Financing – not VC – to Get Mental Health Services to Underserved Seniors

by Jen Amis, President & CEO of Encounter Telehealth 12/13/2022 Leave a Comment

Jen Amis, President & CEO of Encounter Telehealth

Beyond just the impact of COVID-19, the need for tele-mental healthcare and telepsychiatry services continues to expand, especially for rural communities. With the unpredictable venture capital market, startups offering telehealth services increasingly find themselves evaluating alternative financing options. I’ve noticed a number of alternatives have emerged in the last several years. These can be especially helpful for startups that need quick decisions and have predictable revenue growth
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KLAS: HIT Vendors in the Cloud: AWS Leads but Azure Gaining

by Syed Hamza Sohail 12/12/2022 Leave a Comment

KLAS: HIT Vendors in the Cloud: AWS Leads but Azure Gaining

What You Should Know: - Public cloud providers are increasingly important to how HIT vendors deliver software to provider and payer organizations. - To help HIT vendors make informed decisions about which public cloud provider can best meet their needs, a new report from KLAS examines (1) how industry adoption of public cloud solutions is progressing and (2) how well public cloud providers perform in key areas, including their strengths and improvement opportunities Vital Trends and
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5 Behavioral Health Trends Coming Into Focus in 2023

by Daniel Etra, co-founder, and CEO of RethinkFirst 12/09/2022 Leave a Comment

Behavioral Health for Families Will Come Into Focus in 2023

For the past two years, behavioral health in the U.S. has taken center stage, but the true impact of COVID-19 on families is just now coming into focus. The lingering effect of the pandemic combined with social stressors on top of life’s daily pressures is all taking its toll on mental health. Instead of declining post-pandemic, as a nation, we’re continuing to see an increase in the number of people struggling with some form of anxiety and depression.Among some of the hardest hit are
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M&A: Carenet Health Acquires Stericycle Communication Solutions

by Fred Pennic 12/01/2022 Leave a Comment

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

by Fred Pennic 11/30/2022 Leave a Comment

NextGen Healthcare-Acquires TSI Healthcare

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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Telehealth: Addressing The Mental Health Crisis in Kids

by Serrah Linares, VP of Partnerships, Change Healthcare & Rachel Mack Robinson, Founder & President, DotCom Therapy 11/30/2022 Leave a Comment

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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AWS Launches Amazon Omics for Precision Medicine

by Jasmine Pennic 11/29/2022 Leave a Comment

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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HLTH22: 6 Digital Health Executives Share Key Takeaways

by Fred Pennic 11/25/2022 Leave a Comment

17 HLTH 2022 Predictions from Digital Health Executives to Watch

We reached out to six digital health executives for their key takeaways and reflection from attending the recent HLTH22 conference. Sunny Kumar, MD, Partner at GSR Ventures, a $3B AUM venture firm investing in early-stage digital health companies. The most fascinating element of HLTH 2022 were the concurrent contrasts. Set against a challenging macroeconomic environment with decreases in venture funding and near-daily headlines of large layoffs cutting across the tech ecosystem,
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HLTH22 Day 3 News Summary

by HITC Staff 11/16/2022 Leave a Comment

17 HLTH 2022 Predictions from Digital Health Executives to Watch

DispatchHealth Raises $330M for Hospital-at-Home Care DispatchHealth, a provider of in-home medical care raises $330M led by Optum Ventures with support from current investors such as Humana (NYSE: HUM), Oak HC/FT, Echo Health Ventures and Questa Capital. New investors included Adams Street Partners, the Olayan Group, Silicon Valley Bank, Pegasus Tech Ventures and Blue Shield of California. Patients and their care partners can request DispatchHealth medical care via phone, mobile app, or
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HLTH22 Day 2 News Summary: Amazon Clinic Launch, General Catalyst, Verizon, Higi

by Fred Pennic 11/15/2022 Leave a Comment

17 HLTH 2022 Predictions from Digital Health Executives to Watch

Amazon Launches Amazon Clinic Across 32 States Amazon launches Amazon Clinic, a virtual care option that will operate across 32 states that offers up-front pricing, and treatment within hours, instead of days—helping customers achieve better health. Welcome to easy-to-use, effective care for common health conditions. For customers, the cost of consultations will vary by provider and includes ongoing follow-up messages with their clinician for up to two weeks after the initial
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