What You Should Know: - The 32BJ Health Fund, a self-insured fund that provides care for 32BJ SEIU members and their dependents, today released a report that lays bare the stark price disparities between Medicare and private hospitals, and outlines solutions to both reins in prices and holds hospital systems accountable for these practices. - The report, titled, ‘Hospital Prices: Unsustainable and Unjustifiable’ found that hospital prices are dramatically rising, the main driver in the
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Nurses Are Beyond Burnout, Suffering From PTSD as Spiraling Work Demands, Report Finds
What You Should Know: - A majority of nurses (56%) report that they’re sacrificing their mental health for the job, reveals survey data from the IntelyCare Research Group. IRG is the research arm of IntelyCare, the largest digital staffing platform for nursing professionals seeking per diem positions. - The third-party data demonstrates that working conditions during COVID-19 have taken a significant toll on nurses’ mental, physical and emotional well-being and
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Equip Raises $58M for Virtual, Evidence-Based Eating Disorder Treatment
What You Should Know: Equip, a provider of virtual, evidence-based eating disorder treatment in the U.S., today announced a $58M Series B funding round, bringing the company’s total funding to $75M. The Series B round was led by The Chernin Group (TCG), an early investor in Headspace and was joined by Tiger Global and General Catalyst, as well as existing investors F-Prime Capital, Optum Ventures, and .406 Ventures. Katie Couric Media invested alongside American soccer champion Alex Morgan
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Health Gorilla Nabs $15M to Expand FHIR-based APIs for Digital Health
What You Should Know: - Health Gorilla raises $15M to scale its FHIR-based API solutions for digital health and expand into new markets. - Health Gorilla will introduce new APIs to enable consumer access to medical records, payer-to-payer data sharing, and data quality assessments. Health Gorilla, a Sunnyvale, CA-based provider of healthcare APIs, today announced it has raised $15 million in Series B financing co-led by IA Capital and Nationwide, with participation
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Telehealth Helped Me Beat COVID-19, But It’s Just A Start
I was the voice of social distancing, a proponent of mask-wearing from the very start. Still, after months of keeping distance from loved ones, the idea of a quick, safe, outdoor family gathering on a beautiful fall day, even if we weren’t going to be wearing masks, was too good to pass up. A week later, I was sequestered in my bed, with a 103-degree-fever that didn’t break for 12 days, unrelenting migraines and aches, and what felt like an impossibly heavy weight on my chest, making
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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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CareCentrix Acquires Palliative Care Solution Turn-Key Health
What You Should Know: - Home care leader CareCentrix announced its acquisition palliative care solution for health plans Turn-Key Health, a move that will help more vulnerable patients heal at home. - The acquisition fully integrates Turn-Key’s palliative care solution into the CareCentrix platform and supports the company’s mission to meet patient needs through an entire episode of care. - With Turn-Key’s data analytics and artificial intelligence, CareCentrix patients will
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How AR and MR Technology Can Reduce Medical Vulnerability to Improve the Patient Experience
Hospitals and health systems work hard every day to deliver patient-centered care. In fact, “the patient experience” is something now being measured, monitored and discussed throughout the healthcare continuum. Yet for most patients, moments of anxiety and medical vulnerability still abound, and the conversation rarely addresses this important fact. Patients awaiting an X-ray, magnetic resonance imaging (MRI) or computed tomography (CT) scan, for instance, maybe fearful of the results.
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XRHealth Lands $7M to Expand Telehealth VR/AR Platform
What You Should Know: XRHealth raises $7M in funding to expand its telehatlh virtual reality (VR)/augmented reality (AR) platform for clinicians and patients. XRHealth is the first certified Extended Reality medical company in the world; their Medical Applications are FDA & CE Registered. XRHealth created the first virtual reality telehealth clinic in the world that is currently certified in 17 states. XRHealth, formerly known as VRHealth a provider of extended
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Amwell Launches National Coronavirus (COVID-19) Telehealth Response Program
What You Need to Know: - Amwell launches a national Coronavirus (COVID-19) telehealth response program to help hospitals, health systems, and health plans manage and mitigate coronavirus spread. - Telehealth can serve as a force multiplier in the public health response to the COVID-19 outbreak, improving access to care directly from the home. - Amwell has established an always-on-call infection control officer, COVID-19 specific workflows to guide clinical operations and quality, and
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