What You Should Know:
- Prenosis, Inc., a precision medicine company, announced a venture investment from PACE Healthcare Capital, an early-stage investment firm committed to improving health outcomes. This investment brings total funding in the company to over $20 million, including partnerships with Foxconn, Roche Diagnostics, the Defense Threat Reduction Agency, and others.
- Precision medicine company will use the funding to
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Acute Care | Health IT | News, Analysis, Insights
Medtronic Taps Vizient to Offer AI-Powered Surgical Video Management & Analytics Platform for OR
What You Should Know:
- Medtronic announced a new contract with Vizient, a leading healthcare performance improvement company for more than half the nation’s healthcare providers, to offer Touch Surgery™️ Enterprise, the first AI-powered cloud-based video management and analytics platform for the OR.
The latest offering from Medtronic’s Surgical Robotics portfolio, Touch Surgery™ Enterprise makes it easy to capture and analyze surgical video and ensures data privacy compliance with AI that
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Crisis in the U.S. Healthcare Workforce: Why It’s Time to introduce AI
One of the many acute challenges during the pandemic has been the departure of approximately 18% of the U.S. healthcare workforce,4 resulting in staffing shortages in hospitals. This has impacted the well-being of the remaining healthcare practitioners 5 as well as their patients – many of whom are deferring care that is vital to disease management and overall maintenance of health,6,7 or who do not have access to timely emergency care.1 Though such challenges may be perceived as insurmountable
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CDC Selects PointClickCare to Provide De-Identified Patient Data for Long-Term/Post-Acute Care Facilities
What You Should Know:
-Today, the U.S. Centers for Disease Control and Prevention (CDC) has selected PointClickCare, a provider of cloud-based healthcare software for the long-term and post-acute care market to provide a key data source for understanding COVID-19 and other threats impacting residents of long-term care facilities.
- Under the agreement, PointClickCare will provide the CDC with comprehensive, de-identified patient data for residents of long-term and post-acute
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Equum Medical Raises $20M to Expand Acute Care Telehealth Solutions
What You Should Know:
- Equum Medical, a New York City-based provider of acute care telehealth and teleICU solutions, today announced that it raised $20 million in growth equity from Heritage Group.
- Equum Medical brings together an experienced team of clinicians with advanced, data-driven change management methodologies to provide a variety of acute care telehealth services, hospitals and health systems are able to access scarce clinical resources when and where they need them. The
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Dynamic Care Demands Flexible Solutions: Filling Gaps in Acute Care
Healthcare professionals know that patient care never stands still from admission through discharge, but particularly when it comes to acute care settings. Critically ill patients are one of the most complex populations to care for, with their condition often deteriorating quickly and unpredictably. Coordinating care to safely monitor these patients across numerous care settings and facilities is a daunting task and the solutions that care teams rely on often can’t keep up. Gaps, delays, and
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Humana Acquires Integrated Post-Acute Care Provider onehome – M&A
What You Should Know:
- Humana Inc. announced that it has signed a definitive agreement to acquire integrated post-acute care provider One Homecare Solutions (“onehome”) from WayPoint Capital Partners (WayPoint), the private equity affiliate of a New York-based family investment office.
- The acquisition will further advance Humana’s strategy to build a value-based home health offering.
- Founded in 2013, onehome is a provider of a variety of home-based services, as well as a convener
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Q1 2021 Health IT/Digital Health PC/VE, M&A, IPOs/ SPACs Activity
The first quarter of 2021 has been one of investor optimism as the vaccine rollout continues ahead of expectations and economic activity begins to accelerate in response. Within the Health IT industry, the already strong investment and M&A trends seen in 2020 have only accelerated. Over the course of the quarter, we observed $7 billion in private equity and venture capital investment across 158 companies.
By comparison, Q1 of 2020 saw $3.2 billion and 127 investments. Health IT
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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
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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