What You Should Know:
- Health Care Service Corporation (HCSC) announces it is expanding its virtual care portfolio by offering virtual primary care to some midsize and large employer groups in Illinois and Texas starting January 1, 2023.
- HCSC’s virtual primary care program is powered by Teladoc Health, which supplements HCSC’s network of providers to increase convenient, timely access to care.
Virtual Primary Care Offering
The virtual primary care model is designed to help
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Behavioral Health | News, Analysis, Insights - HIT Consultant
Techstars Relaunches Healthcare Accelerator in Los Angeles
What You Should Know:
- Techstars, a global investment business that provides access to capital, one-on-one mentorship, and customized programming for early-stage entrepreneurs announces today the relaunch of Techstars Healthcare sponsored by Cedars-Sinai, Point32Health, UCI Health, and UnitedHealthcare.
- The consortium-led accelerator program will be based in Los Angeles and select 12 high-growth startups to participate in its intensive 13-week program. Startups will receive capital,
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Bicycle Health & Evernorth Partner to Expand Access to Virtual Opioid Use Disorder Treatment
What You Should Know:
- Bicycle Health, today announced that its high-quality, evidence-based virtual opioid use disorder (OUD) treatment is now part of Evernorth’s behavioral health network
- Furthermore, it will be made available to all Evernorth clients, as well as Cigna health plan customers who receive health coverage through their employer or marketplace exchange plans in 24 states. Evernorth is the health services business of Cigna Corporation.
Increasing Access to Care Using
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HealthTeam Advantage Integrates With Bamboo Health’s Pings Solution
What You Should Know:
- Bamboo Health™ recently announced that HealthTeam Advantage (HTA), the business name of Care N’ Care Insurance Company of North Carolina, Inc., has integrated Bamboo Health’s Pings™ solution.
- The Pings rollout delivers real-time admission, discharge, and transfer (ADT) e-notifications for HTA’s 15,000 North Carolina PPO and HMO Medicare Advantage plan members.
Using Real-Time E-Notifications to Lower Costs and Improving High Quality Care
Bamboo Health
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Bicycle Health, Tele911 Partner to Bring OUD Care to Emergency Patients
What You Should Know:
- Bicycle Health, a provider of virtual opioid addiction treatment, and Tele911, a telemedicine company specializing in reducing medically unnecessary ambulance transports of stable 911 patients to hospital ERs, today announced a partnership to increase access to opioid use disorder care for patients in emergency situations.
- The partnership between the two organizations will ensure that patients experiencing health crises stemming from or in addition to opioid use
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UnitedHealthcare Awards $11M in Grants to Address Social Determinants of Health
What You Should Know:
- Health insurer UnitedHealthcare has donated $11M in grants to nonprofit organizations across 11 states.
- These grants are part of our Empowering Health program focused on expanding access to care and addressing the social determinants of health (SDoH) for people in underserved communities. These grants assist individuals and families experiencing challenges from food insecurity, social isolation and behavioral health issues, and support local health
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Healthcare & Life Science M&A Activity Plummets 1H’22
What You Should Know:
- The index of Healthcare & Life Science equities tracked by Stout was down 16.8% in Q2 2022, which was in line with the S&P 500 decline of 16.4%.
- Healthcare & Life Science M&A activity plummeted to 338 deals in Q2 2022 versus 535 in Q2 2021 and a record 565 deals in Q4 2021. The report reveals credit markets likely to tighten, but a healthy level of M&A is expected to continue in the growing and defensive healthcare sector.
Key Trends and
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Brave Health & MedArrive Partner to Power Virtual Mental Health
- Brave Health, a virtual-first behavioral health provider focused on serving Medicaid and Medicare populations, today announced an innovative referral partnership with MedArrive.
- Through this collaboration, if MedArrive identifies an eligible health plan member in need of mental health support, MedArrive’s field providers can immediately refer that member to Brave Health’s behavioral health providers in real time and schedule care within 72 hours. Conversely, if Brave Health identifies an
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AmerisourceBergen Launches EHR-Integrated Digital Therapeutics Platform
What You Should Know:
This week, AmerisourceBergen announced plans to launch DTx Connect, a fully integrated ordering, dispensing and fulfillment platform that aims to facilitate patient access to physician-ordered digital therapeutics and diagnostics.
- Several developers plan to pilot DTx Connect, which aims to reduce barriers that physicians and patients face across the ordering and fulfillment of digital therapeutics and diagnostics.
Digital Therapeutics Market
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Impact of Applying Law of Small Numbers to the Telehealth Industry & Why Its Unsustainable
Driven by headlines and incomplete, misleading data that favor a telehealth narrative, health systems and healthcare investors must start asking "who" is actually supporting waning demand.
The healthcare industry is no stranger to the 80/20 rule. The principle says 80% of an effect is driven by 20% of a cause, and in healthcare, it usually refers to there being a specific cohort of the population (e.g., the chronically ill) driving the majority of care utilization and costs.
More recently,
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