What You Should Know:
- PerfectServe®, a leading provider of cloud-based clinical collaboration and provider scheduling solutions, recently announced the successful go-live of a project at Cincinnati-based Bon Secours Mercy Health that utilizes its Clinical Collaboration solution to transform clinical workflows for nurses.
- Bon Secours Mercy Health is a long-time PerfectServe customer and is one of the top five largest Catholic health systems in the United States.
Reinventing Nursing
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Bon Secours
Get Well’s Remote Monitoring Program Improved COVID-19 Outcomes
What You Should Know:
- Get Well, a global digital health company, released a new study that found patients who used its digital care management solution for COVID-19 had a 32% lower rate of being hospitalized.
- The study published in the Journal of the American Medical Associate Network Open also found that patients who were hospitalized had stays that were on average 2.7 days shorter and spent fewer days in intensive care.
Digital Solutions for COVID-19
Patients using a remote
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HealthQuest Capital Closes $675M for Fund IV to Invest in Transformational Healthcare Companies
What You Should Know:
- HealthQuest Capital, a sector specialist capital firm focused on companies optimizing value in healthcare, today announced the close of HealthQuest Partners IV, L.P., at its hard cap of $675M .
- The oversubscribed fund will enable HealthQuest to continue to invest in growth-stage companies that are revolutionizing the healthcare industry.
Providing Growth Capital to Companies Transforming Healthcare
Founded in 2013 by Garheng Kong, a physician, scientist, and
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Bon Secours Mercy Health Launches Digital Holding Company Accrete Health Partners
What You Should Know:
- Bon Secours Mercy Health (BSMH) today announced the launch of Accrete Health Partners, a digital holding company, that will function to further expand the organization's digital health services as well as new and ongoing programs and partnerships.
- New digital holding company will coalesce a continuum of leading solutions and services to connect the technology, data and people needed to streamline healthcare and ultimately help improve
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DispatchHealth Raises $135.8M to Expand On-Demand In-Home Care Model
What You Should Know
- Today DispatchHealth announced the closing of $135.8 million growth capital financing led by Optum Ventures and included participation from existing and new strategic investors.
- The additional funding enables DispatchHealth to
continue to provide in-home medical care to even more vulnerable, high-needs
patients by growing its existing 19 markets, expanding to new markets, and
launching additional services.
- Many health systems, including Renown Health and
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Valley Children’s Healthcare Launches Healthcare Innovation Lab
- Valley Children’s launches healthcare innovation lab named George’s Idea Lab to accelerate new digital health solutions that will transform pediatric healthcare. - Innovation program builds off Valley Children’s recent partnership with The Innovation Institute and will operate as part of The Innovation Lab.Valley Children’s Healthcare, one of the largest pediatric healthcare networks in the nation has announced today the launch of a new healthcare innovation program. The innovation program
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Bon Secours Mercy Health Sells $1.2B Majority Stake in Ensemble Health
Bon Secours Mercy Health sold their 51% majority stake in revenue cycle management company Ensemble Health to Golden Gate Capital, a private equity investment firm. Bon Secours is expected to receive $1.2 billion cash which will be reinvested in Bon Secours Mercy. As part of the agreement, Bon Secours Mercy Health will continue as a commercial partner to Ensemble, as well as remain a minority owner in the Company and continue to serve on the Company's board.Founded in 2014, Ensemble partners
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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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Roundtrip Nabs $5.1M to Expand Digital Transportation Marketplace for Providers & Patients
Roundtrip, a Philadelphia, PA-based digital transportation marketplace for better health outcomes announced it has raised $5.14M in Series A funding led by Motley Fool Ventures, with participation from a multi-billion dollar international healthcare software and medical device company, Ben Franklin Technology Partners of Southeastern Pennsylvania and Johns Hopkins University.Digital Transportation MarketplaceEvery day, 10,000 patients miss or delay care due to a transportation barrier. Learn
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2018 Healthcare M&A in Review: 4 Trends Reshaping the Healthcare Landscape
The trend of mergers between large healthcare provider organizations continued in 2018, as the average size in revenue of sellers (defined as the smaller of two organizations in a transaction) reached $409 million, according to Kaufman Hall's new report, 2018 M&A in Review: A New Healthcare Landscape Takes Shape. This is the highest figure seen since Kaufman Hall began tracking this metric in 2008. It also represents a compound annual growth rate (CAGR) of almost 14 percent in the average
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