What You Should Know: - DispatchHealth has secured an additional $200 million in a Series D round of funding led by Tiger Global. The additional financing brings DispatchHealth into the “unicorn” category and solidifies its valuation at more than $1.7 billion. - DispatchHealth’s new round of financing will allow the company to bring it’s model of in-home medical care to more than 100 markets across the country
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Hurdle Secures $5M for Digital Mental Health Platform for People of Color
What You Should Know: - Washington, D.C.-based Hurdle raises $5M in seed funding to accelerate its digital mental health platform for people of color. - Hurdle aims to provide an innovative teletherapy solution for employers and insurers; aims to remove barriers to mental health care for People of Color by rooting its services in evidence-based methods of cultural humility. Hurdle (formerly Henry Health), a Washington, D.C.-based innovative digital mental health platform company,
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Buoy Health Raises $37.5M to Expand AI-Powered Healthcare Navigation Platform
What You Should Know: - Buoy Health raises $37.5 million in Series C funding to
expand it’s AI-powered healthcare navigation platform, bringing its total raised
to date at $66.5M. - Buoy will use the proceeds to further build out its IP with respect to artificial intelligence and other technologies, as well as grow the Buoy team. Buoy Health, a
Boston, MA-based AI-powered
healthcare navigation platform, today announced the completion of a $37.5
million Series C funding round. Cigna
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Amwell and Cigna Ranks High in Telehealth Patient Satisfaction, J.D. Power Finds
What You Should Know: - Amwell ranks highest among direct to consumer brands
and Cigna ranks highest among health plans for telehealth patient satisfaction,
according to the J.D. Power 2020 U.S. Telehealth Satisfaction Study - Though telehealth has been pitched as a solution to
improve access to healthcare for everyone, more than half (52%) of telehealth
users say they encountered at least one barrier that made it difficult to use
telehealth. Patient satisfaction with
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Ginger Lands $50M to Expand On-Demand Mental Health Support Platform
What You Should Know: - Ginger announces $50 Million in Series D funding to expand
access to its on-demand mental healthcare system led by Advance Venture
Partners and Bessemer Venture Partners; joined by Cigna Ventures and existing
investors. - Company has more than tripled revenue over the past year, now brings access to on-demand mental healthcare to millions around the world through 200+ employer clients and leading health plans. Ginger, a San Francisco, CA-based provider of
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Why COVID-19 Highlights Urgent Need to Humanize and Modernize The Patient Financial Experience
It’s no secret that COVID-19 and the
corresponding near-immediate economic catastrophe will be felt for
significantly longer than the few short months it took to wreak its initial
havoc. While losses hit businesses from “a to z” (...except maybe Amazon, ironically),
hospitals and health systems tasked with treating the victims of this pandemic
bear a particularly harsh dose of the financial fallout -- $72 billion in CARES
Act hospital grants barely serving as a band-aid to the financial
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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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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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How to Build A Tech-Enabled Flu Immunization Program That Works
While the weather is warm, preventing the flu is usually not top of mind for most healthcare consumers. But for health plans, it’s never too early to start planning for the impending 2019-2020 season. Ideally, people will be vaccinated in the early fall, allowing sufficient time to build antibodies before the season is in full swing.
One of the challenges faced by health plans is designing a flu immunization program that addresses the low vaccination rates for adults in the U.S. Among adults
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Rite Aid’s New CEO, CommonSpirit Health Appoints First Chief Information and Digital Officer, Geisinger’s Chief Nursing Exec, Other Health IT Appointments
Rite Aid Corporation appoints Heyward Donigan as Chief Executive Officer (CEO) and a member of the Board, effective immediately. John Standley will step down from his role as chief executive officer. Prior to joining Rite Aid, Donigan served as the president and chief executive officer of Sapphire Digital (formerly Vitals), which designs and develops omnichannel platforms that help consumers choose their best-fit healthcare providers. Since 2015, Donigan lead Sapphire Digital's strategy and
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