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M&A: Microsoft Acquires Nuance for $20B to Accelerate Healthcare Cloud Strategy

by Fred Pennic 04/12/2021 Leave a Comment

M&A: Microsoft Acquires Nuance for $16B to Accelerate Healthcare Cloud Strategy

What You Should Know: - Today, Microsoft Corporation (Nasdaq: MSFT) and Nuance Communications, Inc. (Nasdaq: NUAN) announced they have entered into a definitive agreement under which Microsoft will acquire Nuance for $16B.  Financial terms of the all-cash deal details Microsoft paying $56 per Nuance share, a 23% premium over Friday’s closing price with a total value including debt at $19.7 billion. - Microsoft’s acquisition
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How a Virtual Care Mindset Leads to Greater Patient Acceptance and Sustainable Telehealth Growth

by Sandeep Pulim, MD, Chief Medical Officer at Bluestream Health 04/07/2021 Leave a Comment

How a Virtual Care Mindset Leads to Greater Patient Acceptance and Sustainable Telehealth Growth

There's no question that the demand for telehealth and virtual care has grown exponentially over the last twelve months. With that growth has come a fundamental shift in the attitude toward virtual care. No longer do patients and providers take a "let's try it" approach—now, it's "we must do it." This is evidenced by the number of telehealth claims filed. In 2020, telehealth claims skyrocketed, increasing by 2,938% in November 2020 versus November 2019 as patients demanded virtual options and as
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Mass General, AstraZeneca Pilot Digital Health Program for Asthma, Heart Failure

by Jasmine Pennic 04/06/2021 Leave a Comment

What You Should Know: - Massachusetts General Hospital (MGH) today announced with AstraZeneca to pilot a new digital health platform focused on heart failure and asthma studies to help improve outcomes for patients with chronic diseases. - This collaboration is being led by the MGH Center for Innovation in Digital Healthcare (CIDH) and will utilize AstraZeneca’s new AMAZE disease management platform in studies for heart failure and asthma management. These first two studies will pilot
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Key Lessons from COVID-19 & How We Can Better Support our Healthcare Provider

by Peter Ziese PhD, MD, Head of Clinical Strategy and Innovation, Philips 04/06/2021 Leave a Comment

COVID-19 has been a novel pandemic in many ways beyond the actual virus itself – from the irreparable impacts it’s having on society, to the immense strain it’s put on the healthcare industry. A recent report stated that 93% of healthcare professionals reported experiencing stress, 86% reported experiencing anxiety, and 76% reported exhaustion and burnout [1]. Considering that the virus will continue to have an impact in 2021 and the reality that COVID-19 will likely not be the last epidemic we
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COVID Exposed The Dire Need for Real-Time Healthcare Data Sharing

by Birju Shah, Head of Product for Uber Health & Communities, and Nick Jordan, Founder and CEO, Narrative 03/31/2021 Leave a Comment

COVID Exposed The Dire Need for Real-Time Healthcare Data Sharing

In a world where technology and Big Data can provide us with instantaneous access to our banking transactions, and our financial information and credit reports can be retrieved with a few keystrokes when applying for a mortgage -- trying to get access to our own healthcare data is exasperating.  Beyond exasperating, is the frightening situation when the inability to access up-to-date and accurate information, can result in an aggravated medical condition or even death. Before the
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SOC Telemed Acquires Access Physicians for $194M to Form Largest Acute Telemedicine Provider

by Fred Pennic 03/30/2021 Leave a Comment

SOC Telemed Acquires Access Physicians for $194M to Form Largest Acute Telemedicine Provider

What You Should Know: - SOC Telemed, today announced the acquisition of Dallas-based Access Physicians in a deal valued at $194 million in cash and stock to become the largest pure-play provider of acute telemedicine in the country. - The company will deliver care to almost 1,000 facilities including more than 700 hospitals in 48 states. In addition to an expanded national footprint this deal will expand clinical service lines including infectious disease, cardiology, maternal-fetal
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How the Pandemic is Accelerating the Shift to Alternative Care Delivery Models

by Mark Prather MD, MBA, CEO & Co-founder at DispatchHealth 03/24/2021 Leave a Comment

How the Pandemic is Accelerating the Shift to Alternative Care Delivery Models

The COVID-19 pandemic has transformed how we interact with one another, with businesses, and with the world around us. From social distancing to hand sanitation to remote working, its impact on society is immense. And among the various industries that are experiencing significant change as a result of the pandemic, healthcare tops the list. Supply chain disruptions, crowded ICUs and exhausted medical staff has taken a toll on hospitals and clinics — and they’ve had to pivot rapidly to new
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Apriss Health Acquires Care Coordination Platform PatientPing

by Fred Pennic 03/23/2021 Leave a Comment

Care Coordination Network PatientPing Raises $60M to Fuel Expansion

What You Should Know: PatientPing, a comprehensive care collaboration platform focused on behavioral health and substance use disorder., today announced that it has entered into a definitive agreement to acquire care coordination platform Appriss Health. - Together, PatientPing and Appriss, backed by Clearlake Capital Group, L.P., and Insight Partners, will represent the largest and most diverse care collaboration network connecting nearly 1 million healthcare providers to one another and
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Grand Rounds Merges with Doctor on Demand to Create New Virtual Care Company

by Fred Pennic 03/16/2021 Leave a Comment

Grand Rounds Merges with Doctor on Demand to Create New Virtual Care Company

What You Should Know: - Grand Rounds, a leader in healthcare quality and clinical navigation, and Doctor on Demand, the nation’s leading virtual care provider, announced their merger agreement, creating a first-of-its-kind integrated virtual care company. - These two premier platforms will offer a patient and provider experience unmatched elsewhere, providing a full suite of digital and interactive solutions to help people address the $300 billion problem of uncoordinated care in the
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First Databank Clinician Addresses COVID-19 Vaccine Skepticism – Q/A

by Fred Pennic 03/03/2021

As the Biden administration ramps up its efforts to increase the access of COVID-19 vaccines to more Americans, there are a large number of Americans who are skeptical about of the COVID-19 vaccine. About 1 in 3 Americans stated they definitely or probably won’t get the COVID-19 vaccine, according to a recent poll from the Associated Press-NORC Center for Public Affairs Research. The poll reveals while 67% of Americans plan to get vaccinated or have already done so, 15% are certain they
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