- Partners In Care ACO generated $6.4M in savings and is among top 3 performers statewide under Medicare Shared Savings Program in New Jersey. - While providing high-quality care for patients, Medicare is sharing a portion of these savings with the providers in return.Partners In Care Accountable Care Organization (ACO) generated $6.4 million in savings – an average of $546 per Medicare patient – in 2018. The savings are tracked by the Centers for Medicare and Medicaid Services (CMS), under the
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Papa Raises $10M to Expand “Grandkids on Demand” Platform to Address Social Isolation in Seniors
- Papa raises $10M in Series A funding to expand “grandkids on-demand” platform to help reduce social isolation in seniors. - Adds partnerships with multiple large health insurance plans, including Humana, Aetna, Priority Health and Alignment Healthcare. - Papa will use the funding to expand its services to a broader population of older adults, via partnerships with additional insurance plans and employee benefits provider.Papa, a digital health company that provides “grandkids on demand” to
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Can Blockchain Technology Fix Healthcare’s Problems? Not Even Close
Blockchain has been making big waves across healthcare, heralded as the technology that’s going to save healthcare.
The excitement is understandable. Just about every segment of healthcare is fragmented — almost to the point of dysfunction. What better way to bind it together than via a digital ledger that affords the ability to securely, privately, and comprehensively track health records? It’s compelling — and it seems healthcare is ready to move full speed ahead with blockchain.
Is
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Talkspace Nabs $50M to Expand Telebehavioral Health Platform
Talkspace, a telebehavioral health company providing online therapy has raised $50M in funding led by Revolution Growth. Existing investors Norwest Venture Partners, Qumra Capital, Spark Capital and Compound Ventures, amongst others, will also participate in the round. Patrick Conroy of Revolution Growth will join the Talkspace board of directors. Additionally, the company announced a new partnership with Optum Health, which will expand Talkspace services to cover 5 million lives.Transforming
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Livongo Launches Pregnancy and Early Parenting Digital Behavioral Health Program
Livongo for Behavioral Health by myStrength has launched a comprehensive set of new evidence-based activities and tools to guide Members in addressing the physical and emotional challenges associated with pregnancy and early parenting. The new Pregnancy and Early Parenting program offers personalized content to all parents and expecting families; including mothers and fathers, partners, single parents, same-sex couples, those who adopt, and anyone else who is expecting a baby or has a child up
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DispatchHealth Nabs $33M to Expand On-Demand Healthcare Model to High Acuity Patients
DispatchHealth (formerly known as True North Health Navigation), a Denver, CO-based provider of on-demand healthcare delivery to a patient’s home has raised $33 million in growth capital funding led by Echo Health Ventures, a strategic collaboration of Cambia Health Solutions and Mosaic Health Solutions. The funding also included participation from existing investors Alta Partners, Questa Capital and additional strategic investors.Founded in 2013 by two mobile health executives, DispatchHealth’s
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5 Opportunities to Increase Electronic Exchange of Medical Documentation
Source: Pennstatelive
Today, 84 percent of “attachments” sharing medical information between providers and health plans are exchanged through mail or fax, resulting in administrative inefficiency and delays in patient care, according to a new white paper released by CAQH CORE. The white paper, “CAQH CORE Report on Attachments: A Bridge to a Fully Automated Future to Share Medical Documentation“ highlights challenges associated with the exchange of medical information and supplemental
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Why 2018 May Have Been A High-Water Mark for Digital Health Funding
Michael A Greely, Co-Founder & General Partner at Flare Capital Partners
Notwithstanding the quite significant stock market turmoil for publicly traded healthcare companies in recent months, the level of private investment activity continued to be quite strong this past quarter. According to Rock Health, 1Q19 registered just under $1.0 billion of investments made in 61 healthcare technology companies, which while below the trailing two year quarterly average of $1.4 billion, still
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CVS-Aetna Merger Impact : Consumers Open to Receiving Primary Care at CVS Clinics
The CVS-Aetna merger has the potential to create an integrated model for consumer healthcare that could transform the consumer experience; however, are consumers embracing the prospect of receiving care in a CVS retail pharmacy setting? According to new research from J.D. Power, forty-five percent of consumers said they would probably or definitely would use primary care services in a CVS retail pharmacy setting. CVS-Aetna Merger Consumer Impact Survey BackgroundJ.D. Power's December 2018 pulse
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Heal Expands On-Demand Doctor Calls to Atlanta Metro Area for Aetna Members
On-demand doctor house call service provider Heal today announced it has joined Aetna’s robust network of high-quality providers in the metro Atlanta area, including Gwinnett, Forsyth, Fulton, Cobb, DeKalb, and Clayton counties. Effective immediately, Aetna Commercial members can schedule house calls with pediatricians, internists and family practice physicians for the same co-pay as a primary care doctor’s office visit.Between 8:00 a.m. and 8:00 p.m., seven days a week, 365 days a year, a
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