What You Should Know: - CareHarmony, an AI-powered care coordination solutions provider, today announced it has closed a $15 million Series A funding round led by Maverick Ventures, with participation from Nashville Capital Network. - The financing comes as CareHarmony continues to experience exponential growth, serving several of the nation’s leading hospitals and health systems through its care platform. Developing Proprietary Technology To Meet Increased Demand Founded in 2015,
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Chronic Disease Management
$3.7 Trillion Reasons to Centralize Chronic Disease Management
59% of all Americans (194 million) suffer from at least one chronic disease, and almost one in three adults has three or more chronic conditions. Unfortunately, the problem will only get worse with time. On the business front of chronic disease management, health care systems are already struggling with rising costs and uneven quality despite the hard work of well-intentioned, well-trained clinicians. Health care leaders and policymakers have tried countless
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3 Lessons Learned to Build A More Resilient Pharmacy
Winston Churchill had great insight when he said, “Never let a good crisis go to waste.” Although he was talking about seizing opportunities during the darkest hours of World War II, there are parallels to today, especially when thinking about the COVID-19 pandemic. Healthcare organizations have learned—and continue to learn—much about the strengths and weaknesses of the U.S. healthcare system during a prolonged crisis. It would be unfortunate if we didn’t use this information to usher in
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Chicago ARC Launches Health Equity Innovation Venture Collaborative
What You Should Know: - The Chicago ARC, a new venture collaborative focused on accelerating health equity solutions, has signed Memorandums of Understanding (MOUs) with the University of Chicago Medicine and Sinai Chicago — as the organization’s first Founding Healthcare Partners. The Chicago ARC also officially welcomed Kate Merton, Ph.D., as its executive director. - The Chicago ARC was founded on the belief that where you live, work and play should be positive drivers of your health
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How Can We Reduce Clinician Burnout? Improving Patient and Caregiver Engagement
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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