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consumer health

Former KKR Vet Jim Momtazee Launches Healthcare Investment Firm, Patient Square Capital

by Fred Pennic 08/17/2020 Leave a Comment

Jim Momtazee and Maria Walker form health care investment firm Patient Square Capital

What You Should Know: - Former KKR veteran Jim Momtazee announced the launch of Patient Square Capital, a partnership being purpose-built to become the preeminent investment firm in healthcare.  - Patient Square will partner with best-in-class management teams whose products, services, and technologies improve health.  - Prior to Patient Square, he spent over 21 years at KKR, initially joining in 1996. He helped establish the firm’s health care industry group in 2001 and
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Backed by Johnson & Johnson, Thirty Madison Raises $47M for Direct-to-Consumer Telehealth Brands

by Fred Pennic 08/14/2020 Leave a Comment

Backed by Johnson & Johnson, Thirty Madison Raises $47M for Direct-to-Consumer Telehealth Brands

What You Should Know: - Direct-to-consumer telehealth company Thirty Madison raises $47M in Series B round from Johnson & Johnson and Polaris Partners. - Thirty Madison's three portfolio brands — Keeps, Cove, and Evens — enables patients to easily access specialist-level care combined with the convenience of telemedicine and treatment delivery.  Thirty Madison, a New York City-based digital health company reinventing the patient experience
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Sharecare Launches Digital COVID-19 Return-to-Work Solution for Employers

by Jasmine Pennic 07/20/2020 Leave a Comment

Sharecare Launches Digital COVID-19 Return-to-Work Solution for Employers

What You Should Know: - Sharecare launches its offering for employers: Well-Being@Work,  a virtual solution for COVID-19 that’s integrated with its app-based digital health platform for managing consumer health and well-being. - The offering is designed for employers – organizations of any kind – to support their workforces as they return to work when the time is right (and whether they’re working virtually or remotely). - The solution features digital health pass, daily screener,
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90% of Consumers Believe Remote Health Monitoring Device Helps Better Manage Chronic Conditions

by Jasmine Pennic 06/23/2020 Leave a Comment

90% of Consumers Believe Remote Health Monitoring Device Helps Better Manage Chronic Conditions

What You Should Know: - Nearly 90 percent of those consumers believe they could better manage chronic conditions with a specialized remote health monitoring device, according to Sony’s mSafety Wearable Platform Division. - The mSafety study found that managing chronic conditions remains “stressful” and “difficult” despite advances in technology — particularly remote health monitoring devices and platforms. - The mSafety study also found more than half of those surveyed would consider
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Adobe, Change Healthcare and Microsoft Launch Consumer Healthcare Platform

by Jasmine Pennic 06/02/2020 Leave a Comment

Change Healthcare Acquires Credentialing Tech Docufill to Improve Administrative Efficiency

What You Should Know: - Collaboration with Adobe and Microsoft creates a unique, scalable, and more secure consumer solution to address rising demand for more transparent and streamlined healthcare experience. - The Connected Consumer Health™ suite is delivered in a software-as-a-service model, with speedy deployment, no hardware to procure, and minimal IT resources required for customers to access and use the platform. Today Change Healthcare unveiled the Connected Consumer Health
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Inovalon Launches FHIR-Based Solution for Health Plan Compliance

by Jasmine Pennic 05/22/2020 Leave a Comment

Big Data Firm Inovalon Files First Digital Health IPO of 2015

What You Should Know: - Inovalon announced the availability of its Cloud-Based “Consumer Health Gateway” Module, alleviating the need for health plans to build their own Patient Access API to comply with the new requirement of the 21st Century Cures Act. - The Consumer Health Gateway is a consumer portal allowing the FHIR®-based exchange of a patient’s claims and clinical data securely with authorized third-party applications. It consists of a robust patient consent and authentication
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New Survey Underscores Importance of Social Determinants of Health Amid COVID-19 Crisis

by Jasmine Pennic 04/24/2020 Leave a Comment

Survey Underscores Importance of Social Determinants of Health Amid COVID-19 Crisis

What You Should Know: - Welltok survey reveals social determinants of health (SDOH) are becoming increasingly valuable during the COVID-19 pandemic for providers and health plans. It’s important they know what kind of lifestyle and environmental factors consumers are up against during social distancing and preventing the spread of the virus - Welltok survey of more than 2,000 adults finds consumers don’t know what SDOH to share with their provider for optimal care As the COVID-19
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Welltok Appoints Bob Fabbio CEO, Jeff Margolis to Serve as Chairman of the Board

by Jasmine Pennic 04/13/2020 Leave a Comment

Welltok Appoints Bob Fabbio CEO, Jeff Margolis to Serve as Chairman of the Board

What You Should Know: - Welltok appoints COO Bob Fabbio to CEO to lead the next stage of growth. - Outgoing CEO, Jeff Margolis, will continue in his role as Welltok’s Chairman of the Board. Welltok, the consumer health activation company, announced today that COO Bob Fabbio, has succeeded Jeff Margolis as chief executive officer. Margolis, who led the company as CEO for seven years, will remain involved strategically and continue in his role as Welltok’s Chairman of the Board.
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Quartet Health, Cambia Health Solutions Partner to Bring AI-Enabled Platform to Cambia’s Members

by Fred Pennic 11/27/2019 Leave a Comment

Centene Leads $60M Round for Behavioral Health Platform Quartet

 - Quartet is partnering with Cambia Health Solutions to bring its AI-enabled platform to Cambia's members so they can get better access to mental healthcare.- Additionally, Echo Health Ventures, a strategic collaboration of Cambia and Mosaic Health Solutions made an investment in Quartet.Today Quartet, a healthcare technology and services company, announced a new partnership with Cambia Health Solutions to help improve the lives of people with mental health conditions. Cambia’s regional health
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Can Consumer Price Transparency in Healthcare Live Up to the Hype?

by Meg Koepke, Vice President of Strategy at NovuHealth 11/22/2019 Leave a Comment

Meg Koepke, Vice President of Strategy at NovuHealth

There has been a lot of discussion in recent weeks and months about price transparency in healthcare. The idea is simple—payers and providers reveal the rates they pay or charge for health services in order to help consumers make better choices. Despite the hype surrounding price transparency, it will undoubtedly come with a whole set of realities and limitations—there are a variety of factors that go into setting prices, and in many cases, the prices that get posted don’t reflect the price
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