Despite holding the promise of delivering superior patient outcomes while lowering healthcare costs, many providers remain reluctant to embrace value-based care (VBC) reimbursement models. Progress toward VBC adoption hasn’t achieved its potential yet, hovering around 60% of all payment models from 2018 to 2021, with the remaining 40% comprised of traditional fee for service (FFS).
Though some providers simply are hesitant to abandon the FFS model that has served them well, others are leery
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Technology
Telehealth Utilization Declined 76% Nationally from 2020 to 2021
What You Should Know:
- From 2020 to 2021, telehealth utilization declined 76 percent nationally while, during that same period, retail clinic utilization increased 51 percent nationally.
- Retail clinic growth had the greatest increase among all alternative places of service studied—retail clinics, urgent care centers, telehealth and ambulatory surgery centers (ASCs)—as well as emergency rooms (ERs), in a new FAIR Health white paper containing the sixth annual edition of
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UR Medicine Taps DexCare to Power On-Demand Video Visits
What You Should Know:
- UR Medicine, the clinical enterprise of the University of Rochester Medical Center, has selected DexCare’s technology to power its Get Care Now Program and provide more patients with on-demand video visits.
- By choosing DexCare to offer On-Demand Video Visits, UR Medicine patients now have access to immediate, high-quality care from the comfort of their own homes. UR Medicine now serves patients across 24 counties in New York – beyond those where the health system
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How to Build Hybrid Care Models Around Remote Patient Monitoring
The challenge for providers is to balance meaningful clinical interactions with workflow efficiency. With the right tools in place, adding a digital arm to existing workflows will reduce clinician workload instead of increasing it.
Key takeaways from this Datos Health ebook:
Learn how clinicians can quickly create, change, and deploy automated remote care plans and customize it all to fit their needs.Discover how hybrid care models help clinicians practice at the top of their license
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Love.Life Acquires Telemedicine Platform Plant Based TeleHealth
What You Should Know:
- Love.Life, a health and wellness company leading the convergence of food, medicine, and wellness therapies, is pleased to announce the acquisition of Plant Based TeleHealth Inc., a nationwide telemedicine service focused on the prevention and reversal of chronic disease utilizing lifestyle medicine.
- The company has been rebranded as Love.Life Telehealth and will add to the robust suite of medical offerings that Love.Life will feature in its
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Cosmos Health Acquires Telemedicine Platform ZipDoctor – M&A
What You Should Know:
- Cosmos Health Inc., a global healthcare group with proprietary lines of nutraceuticals and distributor of pharmaceuticals, branded generics, OTC medications and medical devices, announced today that it has entered into a definitive agreement to acquire ZipDoctor Inc. from American International Holdings Corp (AMIH) for an undisclosed sum.
- ZipDoctor Inc., a wholly owned subsidiary of American International Holdings Corp. (AMIH), is a direct-to-consumer
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OpenLoop Secures $15M for White-Label Telehealth Support
What You Should Know:
- OpenLoop, a leader in white-label telehealth support services powering virtual and hybrid care across the country, today announced it has raised a $15M Series A funding.
- The round was led by Nava Ventures, with participation from new investors UnityPoint Health Ventures and PrimeTime Ventures, and existing investors SpringTide Ventures and ManchesterStory. The company also announced a new nationwide insurance payer network that allows clients to offer reimbursable
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Q/A: Dr. Masturzo Talks Addressing Food Insecurity with Patients
Today, food insecurity affects more than 41 million Americans and is prevalent among children and the elderly population. Food insecurity is defined as the limited availability of nutritionally adequate and safe food or the inability to acquire these foods in socially acceptable ways. As a result, food insecurity can exacerbate medical conditions driving up hospital/health systems patient care costs. To learn more about how healthcare providers can address food insecurity, we sat down with Dr.
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Beam Healthcare Lands Growth Funding from Decathlon Capital Partners
What You Should Know:
- Clinical telemedicine company Beam Healthcare has landed a significant investment from Decathlon Capital Partners. Details of the revenue-based funding investment were not disclosed.
- Beam Healthcare plans to utilize the funding toward expanding into new geographic markets and continuing its investment into the development of enhanced patient care programs. Beam Healthcare provides telemedicine services across the country to healthcare organizations and employers
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Opkit Launches First Insurance Verification Platform for Telehealth
What You Should Know:
- Y Combinator startup Opkit emerges from stealth with an automated health insurance verification platform that is purpose-built for the new telehealth companies and virtual medical clinics that are providing care for a wide range of patients across the United States. The startup has raised more than $1M from Global Founders Capital, Mischief (Plaid founder Zach Perret's fund), Socially Financed, Y Combinator and Rex Salisbury, former partner at Andreessen
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