About one out of five Americans with serious illness struggled to access care during the pandemic, and rates were significantly higher among disadvantaged populations, a 2022 study found. Now, as mental health-related visits in emergency departments (EDs) continue to rise, healthcare professionals must consider: “How can we create better behavioral health supports for people in crisis?” It's a question that has significant implications for quality of care as well as cost. The High Cost of
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Collective Medical
Collective Medical, Nuance Launches PowerShare to Provide ED Physicians Real-Time Notifications
What You Should Know: - Today, Collective Medical, a PointClickCare Company, was chosen for a collaboration with Nuance with the launch of Naunce PowerShare Image Aware. - The collaboration will provide emergency department (ED) physicians with real-time notifications of a patient's prior radiology studies within existing clinical workflows. Point-of-care access to previous diagnostic images reduces unnecessary imaging, healthcare costs, and ED waiting times while
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2020’s Top 20 Digital Health M&A Deals Totaled $50B
Teladoc Health and Livongo Merge The combination of Teladoc Health and Livongo creates a global leader in consumer-centered virtual care. The combined company is positioned to execute quantified opportunities to drive revenue synergies of $100 million by the end of the second year following the close, reaching $500 million on a run-rate basis by 2025. Price: $18.5B in value based on each share of Livongo will be exchanged for 0.5920x shares of Teladoc Health plus cash consideration of
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PointClickCare Acquires Collective Medical for $650M to Create to Largest Combined Acute and Post-Acute Care Network
What You Should Know: - PointClickCare announces its intent to acquire Collective Medical to create the largest combined acute and post-acute care network in North America for $650M. - Collective Medical’s platform connects more than 1,300 hospitals, thousands of ambulatory practices and long-term post-acute care (LTPAC) providers, as well as accountable care organizations (ACOs) and every national health plan in the country, across a 39-state network. - With the acquisition of
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Collective Medical Raises $47.5M to Expand Care Team Collaboration Network
Collective Medical, a Utah-based network for care collaboration has raised $47 million in Series A funding led by Kleiner Perkins with participation from Bessemer Venture Partners, Maverick Ventures, Kaiser Permanente Ventures, Providence Ventures, Peterson Ventures, and Epic Ventures. The company plans to utilize the funding to expand and advance the company’s care team collaboration network accelerating efforts to drive better patient outcomes nationwide.As a part of this effort, Collective
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