What You Should Know: - Health equity – or the lack thereof – is one of the biggest challenges facing US healthcare organizations today. - A new report from Accenture, US health inequity: beyond the statistics, analyzes the role US healthcare ecosystem participants can play in addressing health inequities due to race and ethnicity. The statistics are staggering. Analysing Key Trends Concerning Health Inequities To understand the human and economic
Read More
Cityblock Health | Value-Based Healthcare, SDOH, Healthcare Disparity - HIT Consultant
39 Organizations Sign Global Heath Equity Pledge to Advance Health Equity Globally
What You Should Know: - Today, World Economic Forum announced that 39 organizations have signed the Global Health Equity Network Zero Health Gaps Pledge. - The pledge includes 10 key commitments all signatories have made to embed health equity principles throughout their operations, workforce and guiding philosophies. It marks the beginning of an historic journey to making health equity an integral part of business strategies globally and an important step towards a world without health
Read More
Cityblock Health & MDwise Brings VBC to 10K Medicaid Members in IN
What You Should Know: - MDwise and Cityblock Health, the first tech-driven healthcare provider for communities with complex health and social needs announced that they will be collaborating to provide high-quality, comprehensive care to 10,000 Medicaid members at launch in select Indiana communities, including Indianapolis. - As part of this strategic collaboration, Cityblock will open comprehensive care clinics to provide care services for these individuals, addressing physical
Read More
4 Factors Driving Healthcare Transformation in 2022 to Watch
As the healthcare industry becomes more interconnected in response to a wide range of economic and societal factors, the landscape is changing for all parties involved, including payers, providers, and patients. In a dynamic time for the industry, here are four of the main factors driving the changes and what they mean for the primary stakeholders: The lines between traditional and digital are blurring As startups and traditional providers race to meet their patient's
Read More
Primary Care EHR Elation Health Raises $50M to Support Independent Primary Care Practices
What You Should Know: - Elation Health, the clinical-first technology company powering innovation in primary care, announced a Series D financing round of $50M. The Series D round was co-led by Generation Investment Management and Ascension Ventures with participation from Threshold Ventures, Ascend Partners, and individual investors including Fay Rotenberg and Jonathan Bush. This new round brings Elation Health to $108.5M in total venture funding to date. -
Read More
Cityblock Health Names Co-Founder Dr. Toyin Ajayi as CEO
What You Should Know: - Cityblock Health, a value-based healthcare provider for Medicaid, dually-eligible and lower-income Medicare beneficiaries appoints co-founder Dr. Toyin Ajayi to CEO. Co-founder Iyah Romm is stepping down as CEO but will continue serving as a member of the board. - Dr. Ajayi most recently served as president, where she oversaw the company's growth and clinical model. As CEO, Toyin will help lead the next stage of Cityblock’s growth and further its vision of an
Read More
4 Ways Health Systems Need To Reinvent Themselves to Compete
For about a decade, digital health has been slowly winning the battle against healthcare’s slow pace of change. Digital found an unexpected ally in Covid, as the pandemic forced health systems to adopt virtual solutions wholesale. As we start to come out on the other side, though, some health systems are contemplating returning to the status quo, especially as they’re feeling acute financial strain. The majority, however, understand that the pandemic constitutes a sea change in the
Read More
Q1 2021 Health IT/Digital Health PC/VE, M&A, IPOs/ SPACs Activity
The first quarter of 2021 has been one of investor optimism as the vaccine rollout continues ahead of expectations and economic activity begins to accelerate in response. Within the Health IT industry, the already strong investment and M&A trends seen in 2020 have only accelerated. Over the course of the quarter, we observed $7 billion in private equity and venture capital investment across 158 companies. By comparison, Q1 of 2020 saw $3.2 billion and 127 investments. Health IT
Read More
Executive Hires: Walgreens Appoints New CEO, Cityblock Health, Innovaccer, Others
Walgreens appoints Rosalind (Roz) Brewer as the company’s Chief Executive Officer, effective on March 15, 2021. Brewer will also join the WBA Board of Directors upon assuming the role. She succeeds Stefano Pessina who, as previously announced, will transition to the role of Executive Chairman of the Board of WBA. Brewer, 58, will become the first Black woman to lead a Fortune 500 company. Former Livongo President, Jennifer Schneider, has joined Cityblock Health’s Board of
Read More
Cityblock Health Reaches $1B Valuation, Raises $160M to Address Systemic Healthcare Inequity
What You Should Know: - Cityblock Health, a transformative, value-based healthcare provider focused on improving healthcare outcomes for marginalized communities, today announced a $160M Series C round, bringing its total raised to $300M. - Cityblock is a care delivery trailblazer working to right the injustices of a healthcare system that cycles vulnerable communities through frequent ER visits and hospital stays. Its tech-enabled model delivers primary care, behavioral care, and social
Read More
