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Behavioral Health | News, Analysis, Insights - HIT Consultant

Cityblock Health Reaches $1B Valuation, Raises $160M to Address Systemic Healthcare Inequity

by Jasmine Pennic 12/10/2020 Leave a Comment

Cityblock Health Reaches $1B Valuation, Raises $160M to Address Systemic Healthcare Inequity

What You Should Know: - Cityblock Health, a transformative, value-based healthcare provider focused on improving healthcare outcomes for marginalized communities, today announced a $160M Series C round, bringing its total raised to $300M. - Cityblock is a care delivery trailblazer working to right the injustices of a healthcare system that cycles vulnerable communities through frequent ER visits and hospital stays. Its tech-enabled model delivers primary care, behavioral care, and social
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Powered by Doctor on Demand, ArcBest Rolls Out Virtual Primary Care Health Plan to its 13k Employees

by Fred Pennic 12/10/2020 Leave a Comment

Powered-by-Doctor-on-Demand-ArcBest-Rolls-Out-Virtual-First-Health-Plan-to-its-13k-Employees

What You Should Know: - Publicly traded logistics company ArcBest announced its deal with Doctor On Demand to introduce its virtual-first health plan to its 13,000 employees, who are largely "essential workers" as long-haul truckers. - Employees appreciated the convenience and safety of 24/7 virtual care – from their homes, from the road – and ArcBest is now doubling down on virtual care for 2021 – and offering a holistic, virtual-first primary care health plan – one where patients see
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Ensuring Telehealth Providers’ Virtual Care Dollars Make Sense

by Don Godbee, Mobile Solutions Architect at Stratix 12/09/2020 Leave a Comment

Ensuring Telehealth Providers’ Virtual Care Dollars Make Sense

Telehealth and virtual care are not brand-new phenomena suddenly cobbled together as a rapid response to the onset of the COVID-19 pandemic, but the average US patient could be forgiven for thinking that it is. Indeed, virtual visits to care providers and remote patient monitoring have been available for quite some time, delivering two key benefits:  - Providing a platform to address cost-efficiencies and accessibility to quality healthcare for the populace at large  - Playing a
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PointClickCare Acquires Collective Medical for $650M to Create to Largest Combined Acute and Post-Acute Care Network

by Fred Pennic 12/08/2020 Leave a Comment

PointClickCare Acquires Collective Medical for $650M to Create to Largest Combined Acute and Post-Acute Care Network

What You Should Know: - PointClickCare announces its intent to acquire Collective Medical to create the largest combined acute and post-acute care network in North America for $650M. - Collective Medical’s platform connects more than 1,300 hospitals, thousands of ambulatory practices and long-term post-acute care (LTPAC) providers, as well as accountable care organizations (ACOs) and every national health plan in the country, across a 39-state network. - With the acquisition of
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Northwell Health Offers COVID-19 Screening Chat for NY Schools and Employers

by Jasmine Pennic 12/03/2020 Leave a Comment

Northwell Health Offers COVID-19 Screening Chat for NY Schools and Employers

What You Should Know: - Northwell Health announced that its Northwell Direct unit, which works with large employers, will be offering Conversa HealthCheck to screen employees, customers, students, and visitors. - HealthCheck is a quick, chat-based electronic screening for symptoms and signs of exposure to COVID-19. If cleared, users receive a digital "badge" that allows entry to a facility. If not cleared, they are given additional information on staying home and steps for testing
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Healthcare M&A: DAS Health Acquires Randall Technology Services

by Jasmine Pennic 12/01/2020 Leave a Comment

DAS Health Acquires Health IT and Medical Billing Conglomerate

What You Should Know: - DAS Health Ventures acquires healthcare and managed IT company Randall Technology Services (RandallTech). - This acquisition adds Allscripts® PM and EHR solutions to the DAS portfolio of supported products, and DAS Health has now added additional staff in Texas that will create opportunities for greater regional support of its entire solutions portfolio. DAS Health Ventures, Inc., an industry leader in health IT and management, announced today it completed
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Recent Executive Hires: CVS Health New President, Cleveland Clinic/Amwell Joint Venture Leadership, Others

by Fred Pennic 11/25/2020 Leave a Comment

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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COVID-19: How Can Payers Prepare for Mandates and Support Pandemic Relief Efforts

by Elizabeth Bierbower, Former President of Humana's Group & Specialty Division 11/25/2020 Leave a Comment

Compliance and COVID: How Can Payers Prepare for Mandates and Support Pandemic Relief Efforts

Healthcare can achieve optimum efficiency when patients are at the center of care. When patients have the necessary information to navigate their care journey, they will choose the path to high-quality care at the lowest costs. Cost-sharing and insurance premiums are rising consistently since the last decade for employer plans, which covers nearly half of the country’s population. Plan members are shouldering a part of the healthcare cost burden, so they want to keep it as low as possible. At
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NeuroFlow Partners with Wounded Warrior Project for Remote Behavioral Health Support

by Jasmine Pennic 11/25/2020 Leave a Comment

Wounded Warrior Project

What You Should Know: - During National Caregivers Month, Wounded Warrior Project and NeuroFlow are joining forces to raise awareness and access for mental health by providing access to new technology tools and care options - There are 53 million Americans who are unpaid caregivers to family, friends, neighbors and spouses. This shared burden is also widespread in the military community as many veterans and their caregivers battle silent burdens. NeuroFlow, the leader in
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SPAC Merges with 2 Telehealth Companies to Form Public Digital Health Company in $1.35B Deal

by Fred Pennic 11/23/2020 Leave a Comment

SPAC Mergers with 2 Telehealth Companies to Form Public Digital Health Company in $1.35B Deal

What You Should Know: - GigCapital2 Inc has agreed to merge with UpHealth Holdings Inc and Cloudbreak Health LLC to create a public digital healthcare company valued at $1.35 billion, including debt, the blankcheck acquisition company said on Monday. - The combined company will be named UpHealth, Inc. and will continue to be listed on the NYSE under the new ticker symbol “UPH”. Blank check acquisition company GigCapital2 agreed to merge with Cloudbreak Health, LLC, a unified
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