Even as we (hopefully) approach the tail-end of the latest COVID-19 wave, one growing healthcare challenge continues to worsen: clinician burnout. Nurses, physicians, schedulers, and other members of care-provider teams continue to post rising rates of burnout. They’re feeling overwhelmed and underappreciated due to factors such as hectic workplaces and schedules, extended workloads, and excessive administrative tasks. This is an alarming trend that the entire healthcare industry needs to be
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Digital Health Disconnect Creates Unnecessary Roadblock to Patient Engagement
By all accounts, the last two years have accelerated consumer adoption of digital tools for managing nearly every aspect of our lives. Ordering takeout? Odds are good you used a digital payment method, alongside the 93% of consumers who say they’ve used tools like Venmo and Zelle over the last year. Visiting your primary care physician? There’s a good chance you had at least some interaction with a patient portal or telehealth platform. Even the
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Flume Health Secures $30M for Health Plan Administration Platform
What You Should Know: - Flume Health, an NYC-based Health-Plan-as-a-Service platform announced today a $30M round of Series A funding led by Optum Ventures with participation from Cigna Ventures is participating, bringing its total raise to date at $40M. - Flume gives all U.S. health insurers the option to build personalized healthcare plans–what Stripe or Plaid did for digital banking is what Flume is doing for digital health. Launch Next Generation Health Plans in
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Omada Health Raises $192M to Expand Digital Therapeutics for Chronic Disease
What You Should Know: - Omada Health, a chronic care integrated healthcare provider, today announced its $192M in Series E funding round led by Fidelity Management & Research Company with participation from aMoon, existing investors Perceptive Advisors, Wellington Management, Civilization Ventures, and others. - Omada Health will utilize the funding to accelerate hiring at all levels to meet growing customer demands, a technological roadmap for care and coaching personalization to
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AppliedVR Secures $36M to Scale Therapeutic Virtual Reality Platform for Pain Management
What You Should Know: - AppliedVR, a Los Angeles, CA-based company advancing the next generation of immersive therapeutics, today announced $36 million in series B funding, bringing its total funding to $71M. The round, which included investments from F-Prime Capital, JAZZ Venture Partners, Sway Ventures and SVB Ventures, set up AppliedVR for rapid growth as it prepares for its decision from the FDA on its first de novo submission. - Virtual reality provides an immersive experience that
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FCC Unveils 14 Initial Projects Selected for $100M Connected Care Pilot Program
What You Should Know: - FCC announces initial 14 pilot project selected for $100M Connected Care Pilot Program that will support connected care service across the country and focus on low-income and veteran patients. The Federal Communications
Commission (FCC) today announced an initial set of 14 pilot projects with
over 150 treatment sites in 11 states that have been selected for the Connected
Care Pilot Program. A total of $26.6 million will be awarded to these
applicants for
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30 Executives Share Top Healthcare Predictions & Trends to Watch in 2021
As we close out the year, we asked several healthcare executives to share their predictions and trends for 2021. Kimberly Powell, Vice President & General Manager, NVIDIA Healthcare Federated Learning: The clinical community will increase their use of federated learning approaches to build robust AI models across various institutions, geographies, patient demographics, and medical scanners. The sensitivity and selectivity of these models are outperforming AI models
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VHA Innovation Ecosystem Taps MDClone to Leverage Synthetic Data for Faster Healthcare to Veterans
What You Should Know: - Data analytics and digital health company MDClone
announced a partnership with the Department of Veterans Affairs’ (VA) VHA
Innovation Ecosystem to democratize data and provide better, smarter, faster
healthcare to U.S Veterans. - By leveraging MDClone’s data platform, the VHA is able to tackle this massive problem by securely accessing, organizing, and analyzing the critical health data of Veterans with the use of synthetic data – a breakthrough method pioneered
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Cerner, Banner Health, Xealth Partner to Simplify How Clinicians Prescribe Digital Health
What You Should Know: - Cerner Corporation today announced with Xealth new
centralized digital ordering and monitoring for health systems, starting with
Banner Health, to foster digital innovation. - Health systems can prescribe digital therapeutics, smartphones, and internet apps directly within the EHR to address areas such as chronic disease management, behavioral health, maternity care, and surgery prep. Cerner, today announced it’s building on the recent collaboration with
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Highmark Taps Lark Health for AI-Driven Chronic Disease Management/Prevention
What
You Should Know: -
Highmark, one of the largest Blues plans, has chosen Lark Health for its
chronic disease prevention and management platform. -
Members will have access to Lark’s 24/7 AI-based coaching and programs to
manage diabetes, hypertension, and prevent chronic conditions. Highmark Inc., America's fourth-largest overall Blue Cross Blue Shield-affiliated organization, announced a growing collaboration with Lark Health, virtual chronic disease prevention and management
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