What You Should Know: - Today, CVS Health was selected by HHS, as part of
Operation Warp Speed, to pilot the administration of a limited supply of
bamlanivimab, a monoclonal antibody therapy, with eligible COVID-19 patients
at-risk of severe infection or complications resulting from the virus. - Under this pilot, Coram, the specialty pharmacy and
infusion care business of CVS Health, will administer the intravenous therapy
in patients’ homes or long-term care facilities to help meet the
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ASN, HHS Launches KidneyX COVID-19 Kidney Care Challenge
What You
Should Know: - The HHS and the American Society of Nephrology announces the launch of the COVID-19 Kidney Care Challenge. - The $300k
challenge aims to identify and share these frontline solutions so all
communities can benefit. Winners will receive $20,000 each in recognition of
their solutions. The U.S. Department of Health and Human Services (HHS)
and the American Society of Nephrology (ASN) launched the KidneyX COVID-19 Kidney
Care Challenge . The $300,000
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Innovaccer Unveils Risk Adjustment Solution For Improved Coding Accuracy
What You Should Know: - Innovaccer unveils new risk adjustment solution to help providers better segment their population to refine the risk scoring process and improve coding accuracy and efficiency, thereby improving performance on risk-based contracts. - The solution utilizes Artificial Intelligence (AI) and
Natural Language Processing (NLP) to make risk predictions. Innovaccer, Inc., a
leading healthcare
technology company, has launched its Risk Adjustment
Solution. Leveraging
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3 Telemedicine Security and Compliance Best Practices
The coronavirus pandemic accelerated telemedicine exponentially as patients and doctors switched from in-person visits to remote consultations. Health providers rapidly scaled virtual offerings in March and April and traffic volumes soared to unprecedented levels, with practices “seeing 50 to 175 times the number of patients by telehealth than before the outbreak,” according to McKinsey. By early August, the U.S. Department of Health and Human Services expanded the list of
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HHS Launches Initiative to Measure Office-Based Physician Use and Burdens of Health IT
What You Should Know: - HHS launches an initiative to measure how office-based
physicians use health IT, including key measures on interoperability and
burden. - ONC awards a three-year cooperative agreement to the American Board of Family Medicine to develop key measures related to health IT use and the interoperability of health information, etc. Today, the U.S.
Department of Health and Human Services (HHS) launched an initiative to
measure health
information technology (health
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After COVID-19, Healthcare’s Next Big Challenge: Reforming Surgery
Nearly six months after the World Health Organization declared COVID-19 a global pandemic, many hard-hit healthcare systems have begun resuming elective surgeries and redeploying surgeons, residents, and fellows back to their home departments after enlisting them in COVID wards and ICUs. These practitioners are returning physically exhausted and emotionally strained from the harrowing experience of serving on the front lines of the COVID response. Meanwhile, they have also seen their training
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Bridge Connector Lands $25.5M to Expand Healthcare Integration Platform
What You Should Know: - Bridge Connector raises $25.5 million in Series B funding to advance interoperability layer for healthcare organizations as demand for integrated health data intensifies during COVID-19 pandemic. - The investment will support the growth of Destinations,
the company’s new integration-platform-as-a-service (iPaaS) that connects
health data systems using use-case-based interoperability blueprints to speed
integrations with major vendors. Bridge Connector,
a
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Analysis: July Health IT M&A Activity; Public Company Performance
– Healthcare Growth Partners’ (HGP) summary of Health IT/digital health mergers & acquisition (M&A) activity, and public company performance during the month of July 2020. While a pandemic ravages the country, technology valuations are soaring. The Nasdaq hit an all-time high during the month of July, sailing through the 10,000 mark to post YTD gains of nearly 20%, representing a 56% increase off the low water mark on March 23. More notably, the Nasdaq has outperformed
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Talis Awarded $25M NIH Contract for Point-of-Care COVID-19 Testing
What You Should Know: - Today, Talis Biomedical Corporation announced it has
been awarded a $25M contract from the National Institutes of Health (NIH) as
part of Phase 2 of its Rapid Acceleration of Diagnostics (RADx) initiative as
well as another $100 million in additional financing. - The new funding will be used to scale manufacturing for
the launch of the Talis One™ diagnostic platform that provides rapid and highly
accurate detection of COVID-19 at points-of-care in 30 minutes
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Walgreens to Invest $1B in VillageMD to Open 500 to 700 Full-Service Doctor Offices
- Walgreens will invest $1 billion in
equity and convertible debt in VillageMD to open 500 physician-led primary care
clinics in more than 30 U.S. markets in the next five years. - VillageMD and Walgreens also recently announced the
availability of Village Medical telehealth providers on Walgreens Find Care™,
which is an online platform that connects patients with a wide range of health
services. Walgreens
Boots Alliance, Inc. and VillageMD
announced today that Walgreens will be the
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