Value-based care is bending the healthcare cost curve, reducing unnecessary medical costs 5.6% on average while improving care quality and patient engagement—effectively starting to achieve the long-sought triple aim. Despite easing or ending of federal mandates, commercial lines of business are investing in value-based innovation, accelerating the decline of pure fee-for-service faster than previously projected levels. Indeed, today nearly two-thirds of payment are now based on value.These
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Technology
1Vision and AMC Health Lands VA Contract to Provide Telehealth Solutions to Veterans
1Vision LLC, a wholly owned subsidiary of HMS TECHNOLOGIES, INC., and AMC Health, the leading provider of proven real-time virtual care solutions, have been awarded the Authority to Operate (ATO) and provide telehealth solutions to the U.S. Department of Veterans Affairs (VA).As part of the agreement, 1Vision’s and AMC Health’s telehealth solutions will be made available to enrolled Veterans and their family members. Earlier this year, 1Vision and AMC Health announced their participation in an
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New Hello Alvin Healthcare Card Offers First Prepaid Telehealth Access for Employees
Tango Card, a provider of digital rewards and incentives to enterprise customers has inked a partnership with Alvin Healthcare's Hello Alvin service, a nationwide telehealth platform providing 24/7 healthcare access from any mobile device or computer, which includes virtual care provider Teladoc, as well as an unlimited 24-hour nurse line and the ability to email medical specialists. The new Hello Alvin Healthcare Card offers first-of-its-kind, prepaid telehealth access for employees and is part
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Teladoc Acquires Global Virtual Care Provider Advance Medical for $352M in Cash and Stock
Virtual care provider Teladoc, today announced it has acquired Advance Medical, an international virtual care provider of telemedicine services across Europe, Asia, Latin America for $352 million cash and stock. Under the terms of the agreement, the purchase price consists of approximately $292 million in cash and $60 million of Teladoc common stock. With a broadened international footprint and the ability to offer an expanded set of clinical services worldwide, the combination creates the only
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Qardio Launches New Service for Doctors to Bill for Remote Care Monitoring, Increasing Revenue Opportunities
Qardio, a digital health company, announced a new service for remote monitoring that brings a smarter way for doctors to deliver non face-to-face patient care while increasing revenue opportunities with the new reimbursement CPT code 99091. This new service is powered by Qardio’s doctor platform, QardioMD, which automatically compiles and analyzes patient vitals such as blood pressure, ECG and weight recorded outside the doctor's’ office. With this service, doctors can now more easily be
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Stratus Video Unveils Telehealth Interoperability Product
Language access company, Stratus Video, has announced the ability to add video remote interpreters to any telehealth video conferencing system with their new product, Stratus Link. If healthcare providers need to engage a limited English proficiency (LEP) patient remotely, they can now add a medically qualified Stratus Video interpreter to their telehealth video call.Stratus Video has partnered with thousands of healthcare facilities across the nation, many of whom utilized different telehealth
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Canna Care Docs Enters Canada With Virtual Clinician Platform for Medical Cannabis
Sail, a global leader in medical cannabis-focused healthcare software used by clinicians and patients at the point-of-care, has announced that its fully managed service business unit, Canna Care Docs, will enter Canada under a telemedicine service model.Canna Care Docs, one of the leading cannabis-specialty healthcare service providers in the United States, was acquired by Sail in late 2017. The multi-state cannabis business provides qualification and certification services to more than 250,000
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How Telemedicine is Transforming the Doctor-Patient Relationship
If telemedicine hasn’t revolutionized healthcare, it has certainly revamped it. It has extended providers’ reach to areas where care might not be readily available, and allowed patients much-needed access.Such convenience is the primary reason telemedicine -- defined as two-way, real-time interactive communication between a healthcare professional and a patient -- has taken hold, among not only among those in far-flung areas but those in urban settings where healthcare might be lacking. Cost is
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SnapMD Launches Patient Presenter Workflow Capabilities
Today, SnapMD, the full-service enterprise telehealth technology innovator and solutions provider, launched a new Patient Presenter Workflow functionality within its Virtual Care Management (VCM) telehealth platform. The new provider interface seat type is a fast and easy means to bring care to patients in a wide variety of settings. Whether it’s a virtual consult for a child at school, advice to caregivers for a patient in hospice, or a specialist consult from a patient’s bedside, the VCM
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Doctor On Demand Nabs $74M to Expand Virtual Care Platform
San Francisco, CA-based Doctor On Demand has raised 74 million in Series C funding led by Princeville Global and Goldman Sachs Investment Partners with participation from existing investors including Venrock, Shasta Ventures, and Tenaya Capital. his funding will support the continued rapid expansion of Doctor On Demand’s telehealth platform and further its commitment to delivering access to quality care at scale.This Series C funding is rounded out by new investors Blue Cloud Ventures and
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