– 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
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Google Healthcare Technology & Services | News, Analysis, Insights - HIT Consultant
52% of Households Willing to Share Smartphone Data to aid in COVID-19 Contact Tracing
Over 50% of US broadband households are willing to share smartphone data to aid in COVID-19 contact tracing, while another 20% could be convinced provided privacy protections are in place, according to Parks Associates' new research, COVID-19: Impact on Telehealth Use and Perspectives. The research tracks changes in consumer attitudes and adoption of telehealth services as a result of COVID-19 and measure future interest in telehealth services beyond the pandemic.
Parks Associates' COVID-19:
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Same-Day Pharmacy Delivery NowRx Raises $20M to Expand into Additional Territories
What You Should Know:
- Same day
pharmacy delivery startup NowRx raises $20 Million in Series B funding to expand
into new U.S. territories and accelerate its technology roadmap, transforming
the way consumers get their prescriptions.
-
NowRx’s competitive
advantage is its proprietary pharmacy management system, which leverages AI and
robotics to fill and deliver prescriptions in record time, including
interfacing with insurance, checking for drug
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New CVS Pharmacy App Feature Can Read Prescription Labels Out Loud for Visually Impaired
What You Should Know:
- CVS introduced Spoken Rx™, a new feature of the
CVS Pharmacy app that can read important prescription information out loud. It
is vitally important for patient safety and adherence that prescription labels
are clear and visible, but for patients with visual impairments or those who
can’t read standard print labels, that’s not always the case.
- Spoken Rx provides an audible label option that reads
important info such as patient name, medication name,
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Post COVID-19: 3 Things I Hope Healthcare Won’t Recover From
Randy Carpenter, SVP of the Executive Advisory Board at HCTec
The loss of lives and livelihoods from COVID-19 is almost too much to comprehend. And yet, slowly, conversations are emerging about the positives percolating from the pandemic.
It’s human nature to want to look for the positives in even the worst of situations, and I’ve noticed that in both my personal and my professional circles of late, people are talking about the things they hope we don’t lose when things go back to
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Top 4 Disruptions Healthcare Providers Should Prepare to Address
Shawn Yates, Director, Product Management, Ontario Systems
The past few years have been particularly interesting for the healthcare landscape. We’ve seen a surge in telemedicine and retail clinics, increasing use of personal healthcare devices such as watches and fitness trackers, aggressive attempts to dismantle the ACA, the growing influence of private equity investment firms, and massive mergers with disruptive enterprise market entries such as Amazon. As the ground beneath them continues
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HHS Awards Morehouse $40M to Combat COVID-19, Advance Health Equity in Minority Communities
Source: Morehouse School of Medicine
What You Should Know:
- Morehouse School of Medicine (MSM) partners with the
U.S. Department of Health and Human Services on a three-year project to combat
COVID-19 and advance health equity in minority communities.
- The
initiative – the National Infrastructure for Mitigating the Impact of COVID-19
within Racial and Ethnic Minority Communities – is a three-year project
designed to work with community-based organizations across the nation
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Verily Launches Healthy at Work Program for COVID-19 Screening & Testing
What You Should Know:
- Verily launches Healthy at Work Program providing
ongoing COVID-19 screening and testing for a healthy return to work and school
to communities across the nation.
- The Healthy at Work program combines symptom screening, testing services, and data analytics. Employees, students, or others designated to participate in the program can use the online interface to record health symptoms each day.
Today, Verily, an Alphabet
company, has announced a new Healthy
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Care Coordination Network PatientPing Raises $60M to Fuel Expansion
What You Should Know:
- PatientPing raises $60M in Series C funding to fuel expansion to new geographies and extends the capabilities of their care coordination network solutions.
- As the nation’s leading care collaboration and
patient event notifications (e-notifications) platform, PatientPing’s
comprehensive suite of solutions leverage real-time patient data and are used
by provider organizations, hospitals, health plans, governments, individuals
and the organizations supporting
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How Direct Digital Fax Can Improve System Usability for EHRs
Paul Banco, CEO of etherFAX
The lack of EHR usability is a huge concern for the healthcare industry. According to a study conducted by Mayo Clinic researchers, modern electronic health records (EHR) are less user-friendly than Microsoft Excel, Microsoft Excel, and Google. Using the System Usability Scale (SUS), Electronic Health Records were marked with an unsettling “F” and a SUS score of 45 while Excel received a SUS score of 57 and Microsoft Word received a SUS score of 76. Google
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