What You Should Know:
- Three leading organizations that provide healthcare services to senior living communities – Elite Patient Care, Provider Health Services, and AllyAlign Health – have joined forces to form Curana Health. Curana Health’s mission is to improve the health, happiness, and dignity of senior living residents. The Curana Health ACO is a value-based care program for original Medicare beneficiaries.
- The combined Curana Health organization spans 26 states and over 1000+
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CMS| News, Analysis, Insights - HIT Consultant
CareCloud Adds Chronic Care Management Service to its Digital Health Portfolio
What You Should Know:
- CareCloud, Inc., a healthcare technology solutions provider for medical practices and health systems nationwide, has announced its new offering, CareCloud Wellness for chronic care management as part of its growing suite of digital health solutions that help providers enhance patient care and revenue streams.
- CareCloud Wellness gives practices the means to easily participate in the government’s
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What the New CMS Staff Turnover Data Means for Nursing Homes
To make it easier for families and caregivers to evaluate the quality of nursing homes, the Center for Medicare & Medicaid Services (CMS) regularly publishes data on its “Care Compare” website. Anyone can go to the site and search for a facility to find COVID updates, quarterly quality scores, and information on inspections, penalties, ownership, and more.
Last month, CMS added additional metrics to how it scores the quality of nursing homes. The information is now available
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Analysis: CMS Data Underestimates Hospital Labor Spending
What You Should Know:
- Centers for Medicare & Medicaid Services’ (CMS) payment adjustments did not adequately address hospitals increased costs for FY 2021, according to new data from Premier.
- The data reveals this discrepancy has resulted in hospitals receiving only a 2.4 percent rate increase, compared to a 6.5 percent increase in hospital labor rates, which account for 76 percent of hospital costs.
- The data CMS uses to account for real
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Why a Focus on Behavioral Health is Key to Improving Quality Measures
Since the passage of the Medicare Improvements for Patients & Providers Act in 2008, the U.S. healthcare system has been moving towards value-based care (VBC) which encourages health providers to improve care quality by reimbursing them based on successful outcomes rather than individual medical services. The overarching goal of VBC is to improve the patient experience, improve population health, and reduce per capita health costs.
As part of this VBC model, hospitals and health systems
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DUOS Secures $15M for Senior Assistance Platform for Older Adults
What You Should Know:
- DUOS, a digital health company on a mission to increase the longevity and independence of older adults, announced today a $15 million Series A funding led by Imaginary Ventures, along with participation from existing investors Forerunner Ventures, Declaration Partners, and new investor Optum Ventures.
- DUOS focuses on members' social needs and maximizes their independence by building long-term, high trust 1:1 relationships, coordinating community resources, and
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IntelyCare Secures $115M for Intelligent Nurse Staffing Platform at $1.1B Valuation
What You Should Know:
– IntelyCare, a leading intelligent workforce management solution for post-acute facilities raises $115M to solve the nationwide nurse shortage.
– IntelyCare plans to build on this momentum by using the new funding to expand its footprint to new states and invest heavily in its AI-based platform and data science technology.
IntelyCare, a Quincy, MA-based tech-enabled nurse staffing platform for healthcare organizations announced it has secured $115M in a Series C
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What The Finance Industry Can Teach Healthcare About Digital Transformation
The COVID-19 pandemic feels like a once-in-a-lifetime event for those of us involved in healthcare, but the patterns of how the crisis affected our industry feel familiar.
Stop me if you have heard this before: incumbent players in a broad industry made very slow and fragmented technological advances for years with no real threat to their business. Then, a sudden and transformational event catapulted direct-to-consumer technologies, forcing the incumbents to fundamentally alter their business
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TimeDoc Health Secures $48.5M to Scale Virtual Care Management Platform
What You Should Know:
- TimeDoc Health, a Chicago-based provider of virtual care management activation, today announced it has closed a $48.5M Series B round led by Aldrich Capital Partners.
- Founded in 2015, TimeDoc Health partners with PCPs and healthcare organizations to automate record-keeping for clinician/patient interactions (in-person and virtual), sending the reports to CMS for reimbursement.
- During the pandemic, the company has been instrumental in helping providers
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Healthgrades Releases Top 24 Hospitals Leading Early COVID Care
What You Should Know:
- Healthgrades announced its Leading Hospitals in Early COVID Care list of the top 24 U.S. hospitals that provided exceptional care while treating the highest volumes of coronavirus patients during the first wave of the pandemic.
Methodology Background
Using inpatient data from CMS for almost every hospital in the country, Healthgrades identified 24 U.S. hospitals that provided exceptional care while treating the highest volumes
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