What You Should Know: - Clarify Health, a cloud analytics and value-based payments platform company, announced today that it secured $150 million in Series D financing. SoftBank Vision Fund 2 led the round and was joined by funds and accounts managed by BlackRock and Memorial Hermann Health System, along with existing investors Insight Partners, Spark Capital, KKR, Aspenwood Ventures, Rivas Capital, and Sigmas Group. - This newest round of funding comes on the heels of the
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Clarify Health Acquires Apervita’s Value Optimization Business – M&A
What You Should Know: - Clarify Health, a cloud analytics company delivering real-world insights to healthcare and life sciences organizations, announced today the acquisition of the Value Optimization business of Apervita, the trusted platform for healthcare collaboration for payers, providers and other stakeholders. Financial details of the acquisition were not disclosed. - This acquisition bolsters Clarify’s integrated analytics platform for end-to-end value-based contract design,
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Quality Virtual Care Matters for Patients – Even More Than Telehealth
The COVID-19 pandemic made healthcare visits over video or phone the norm, likely turning telehealth into a permanent fixture within the U.S. healthcare system. In fact, the majority of patient access leaders at large hospitals believe 20-30 percent of appointments will happen over video in 2021, according to recent research. Further, an overwhelming portion of those leaders – 95 percent of them – believe the Centers for Medicare & Medicaid Services should continue to reimburse for video
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Recent Executive Hires: CVS Health New President, Cleveland Clinic/Amwell Joint Venture Leadership, Others
CVS Health Corporation names Neela Montgomery Executive Vice President and President of CVS Pharmacy/Retail, effective November 30, 2020. Montgomery will oversee the company's 10,000 pharmacies across the United States. Montgomery, currently a Board Partner at venture capital firm Greycroft, most recently served as chief executive officer of furniture retailer Crate & Barrel and has nearly 20 years of global retail experience. The Cleveland Clinic and Amwell joint venture appoint
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The Future of Patient Access: From Appointment Reminders to Automated Patient Journeys
The concept of 'Patient Access' has evolved significantly. We all remember the good old days when patient access was an inbound responsive model – patients dialed into a call center phone number and were connected "round-robin" to the next available staff member with their call script. Then outbound voice and email messages and patient appointment reminders became common, and now access centers have begun to deploy more advanced communication channels such as natural language voice response,
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The Technological Ironies of the Current State of Value-Based Care
Even though many think of 2008 as the first time CMS began emphasizing quality over quantity via the Medicare Improvements for Patients and Providers Act (MIPPA), the truth is that we’ve been on a 30-plus-year journey to get to this point. It really started when managed care became a hot trend, but eventually, the friction between payers and providers was too high and patients were caught in the middle. Then came accountable care, which while still important today, ultimately isn’t creating
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Apervita Launches Deep Encryption Tech to Stop Payer, Provider Cyber Threats
What You Should Know: - Apervita establishes first cloud-based healthcare platform for payers and providers to offer deep encryption of health data. - Additionally, Apervita’s Deep Encryption feature meets requirements of the Office of the National Coordinator’s (ONC) recent Information Blocking final rule, which calls for granular, PHI field-level privacy to support data segmentation, while still allowing for data to be accessible. Apervita, the leading
platform for value-based
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Apervita, Mayo Clinic To Create First Self-Service Health Measures Marketplace
Apervita and Mayo Clinic, today announced a partnership to create the first self-service marketplace for health measures that will serve as a one-stop-shop to author, publish, and apply measures, allowing users to connect their data to open standard measure definitions. The new capability automatically transforms measure definitions into computable analytics and is being developed with Mayo Clinic contributing its expertise in medical care, know how, and technology. Today, there are already
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