- Automated virtual reality therapy Oxford VR secures a record $12.5M investment to advance its real-world impact in behavioral health, and accelerate clinical leadership in the U.S.
- The investment will enable the next-level growth of pioneering immersive therapy for depression, anxiety, and other behavioral health conditions.
VR therapy pioneer Oxford VR announced today a landmark $12.5 million Series A funding round led by Optum Ventures and supported by Luminous Ventures. The round
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Behavioral Health | News, Analysis, Insights - HIT Consultant
Quartet Health, Blue Cross NC Collaborate on Value-Based Care Payment Model for Mental Health
- Mental health technology company Quartet Health announced a new technology that helps install a value-based quality measurement system for mental healthcare. - Achieved in collaboration with Blue Cross of North Carolina -- an insurer known for being on the forefront of improving mental health access and a tech leader -- Quartet and BCNC are introducing it as the market's first and will serve as a framework for all insurer adoption. Quartet Health, an innovative mental healthcare technology,
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Banner Health Expands Ambulatory & Acute Virtual Care Services to Patients
- Banner Health inks a 5-year partnership agreement with eVisit and VeeMed to enable ambulatory and acute virtual care services for their patients throughout the Southwest. - Together, eVisit and VeeMed will provide a Banner-branded virtual care platform including software, mobile applications, and leveraging Banner hardware to operationalize Banner's preferred approach to virtual care services. Banner Health, one of the largest nonprofit health care systems in the country has
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Steward Health Care System to Deploy MEDITECH Expanse EHR Across 35 Hospitals
- Steward Health Care System recently signed to implement MEDITECH Expanse EHR in 18 sites located across Arizona, Texas, Utah, Arkansas, and Louisiana. - The implementation is a part of Steward’s “One Platform” strategy to bring all 35 hospitals under a one single, integrated, enterprise EHR. Health IT company MEDITECH announces it will extend its 20-year partnership with Steward Health Care System, which recently signed to implement the MEDITECH Expanse EHR platform in 18 sites located across
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Medsphere Raises $40M to Expand Suite of SaaS EHR & RCM Solutions
- Medsphere raises $40M in preferred equity investment to fund the expansion of efficient, flexible, subscription-based software solutions. - Medsphere has grown subscription revenue by over 400% using a combination of organic growth and accretive acquisitions, achieving a compounded annual growth rate of over 50%. Medsphere Systems Corporation, the leading provider of efficient and interoperable healthcare information technology (IT) software solutions, and services, today announced new $40
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Led by Cigna Ventures, Arcadia Raises $29.5M to Expand Population Health Management Platform
- Arcadia, a Boston-based population health management company announces that it has received $29.5 million in Series D funding, led by Cigna Ventures. - Arcadia’s population health management technology platform Arcadia Analytics was purpose-built to support economic success under value-based care. Population health management technology company Arcadia today announced at the 38th Annual J.P. Morgan Healthcare Conference has closed a fully-subscribed growth equity investment of $29.5M led by
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3 AI Trends for 2020: Moving Beyond Dazzle to High-Impact Collaboration
From the first artificial skin to driverless cars that navigate busy streets with ease, 2019 brought a dazzling array of artificial intelligence (AI) discovery. In 2020, the progress made toward AI-fueled collaboration will be as critical as AI innovation—especially in healthcare.
We’ve reached a point where AI has proven its utility. In radiology, for example, AI is well-oriented to interpret diagnostic imaging studies, with FDA approval given to AI algorithms that diagnose a collapsed lung or
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Executive Insights: Top Healthcare Predictions & Trends to Watch in 2020
As we close out the year, we asked several healthcare industry executives to share their predictions and trends for 2020.
Robbie Hughes, Founder, and CEO, Lumeon
“Following the announcement of the Trump administration's price transparency requirement – and the ensuing backlash from hospital groups – the issue of price transparency will dominate the healthcare industry next year. Regardless of the outcome of the lawsuit, I expect we'll see more attention around the importance of the
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Top 60 Health IT/Digital Health Mergers & Acquisitions in 2019
- From Google's acquisition of Fitbit to Philips acquisition of Carestream Health's health IT business, here is a look at some of the biggest health IT/digital health mergers & acquisitions in 2019 by each quarter.
Q1 M&A Activity
Johnson & Johnson Acquires Auris Health for $3.4B to Expand Digital Surgery Portfolio
Johnson & Johnson acquiresAuris Health, a developer of robotic technologies for $3.4 billion in cash. Auris Health is a privately-held developer of
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Time’s Running Out: Why Providers Must Adopt Telehealth in 2020
Sometimes life just gets in the way. Work schedules, family obligations, and unforeseen circumstances can make going to the doctor an inconvenience rather than a helpful necessity. It’s not uncommon for patients to forget or intentionally skip appointments, cancel unexpectedly, or even put off scheduling necessary follow-up visits.
But patients don’t have to neglect their healthcare just because of a hectic work schedule or a last-minute meeting. Telehealth is emerging as a convenient
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