Adoption of digital health tools reached record heights in 2018, according to a recently released survey report from Rock Health. In fact, eighty-nine percent of respondents used at least one digital health tool—up from 80% in 2015. Live video telemedicine and wearable adoption rates surged following a pause in growth in 2017. Meanwhile, respondents were increasingly guarded about their personal health data—in 2018, respondents were less willing to share data with highly-trusted entities like
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health insurance
Francisco Partners Acquires Qualcomm Life, Renames as CapsuleTech
Francisco Partners ("FP"), a Silicon Valley-based technology-focused private equity (PE) firm, today announced it has acquired Qualcomm Life, Inc. a wholly owned subsidiary of Qualcomm Incorporated that offers end-to-end medical device connectivity across the continuum of care. Financial details of the acquisition were not disclosed. Renames Qualcomm Life as CapsuleTechQualcomm Life will be separated from Qualcomm, be renamed as Capsule Technologies, Inc. ("CapsuleTech"), and continue operating
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Report: 10 Disruptive Digital Business Models for Health Insurers
Digital technologies will transform the health insurance business and early adopters have started to implement new digital business models with initial success, according to a new Research2Guidance report. The report reveals new digital models are changing the way the insurers interact with patients.For example, digital insurers have reworked the trust equation with the patient, outsourced much of their value chain to their members, and now know much more about them. Digital business models tend
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Reimbursify Launches New App for Out-of-Network Reimbursement Claims
Reimbursify, a healthcare-focused technology company providing app-centric solutions for consumers, healthcare providers & businesses has launched a new app that gives patients a quick and easy way to file out-of-network reimbursement claims with their insurance company in less than 60 seconds. Users can also monitor their current, pending, and past claims from the app. Reimbursify is currently being used by patients in 21 states as well as Puerto Rico."Visits to healthcare providers who
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98point6 Launches AI Driven, On-Demand Primary Care Service in 10 States
After three years of R&D and a year of beta, 98point6 has announced the launch of its on-demand primary care service to deliver personalized consultation, diagnosis and treatment to patients across the country. The on-demand primary care platform combines innovative AI technology with board-certified physicians to deliver affordable and high-quality care right to a patient's smartphone. On-Demand Primary Care with Digital Platform Primary care is a necessity for all, serving as the front
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Insurtech Startup Wellthie Raises $5M to Become The Zillow for Small Business Health Insurance
Wellthie – an insurance technology company offering leading broker and comparison shopping tools that simplify insurance distribution and optimize choices for small businesses and individuals, has raised $5 million in Series A funding. The round was led by IA Capital Groupwith participation from existing and new investors, including Aflac Ventures and top insurance industry executives. The company plans to use the funds to accelerate its nationwide growth and product development. Andy Lerner,
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PediaQ Nabs $4.5M for On-Demand App for Nurse Triage, House Calls
PediaQ, a Dallas, TX-based company that has launched a mobile app platform for on-demand nurse triage and house calls has landed its first partnerships with Memorial Hermann Health System (Houston) and Baylor Scott&White Health (Dallas). In addition, the company has raised $4.5 million in funding which brings its total funding to date at $6.5M since its inception in late 2014. The funding will be utilized to expand the company’s growth in Dallas, Houston and Austin, and will also allow for
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The Top 9 Most In-Demand Medical Jobs
Anyone who is looking for job security in the coming years has to look no further than the medical field. As the American population lives longer and the Baby Boomer generation ages the need for medical treatments and disease prevention is growing. The healthcare industry has been a huge economic driver in recent years, and this year hospital jobs grew more rapidly than any other time since 1991.
Another important caveat is the fact that now 89% of people in the U.S. have health insurance.
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20 Promising Canadian Digital Health Companies to Watch
“A company’s odds of success are better the closer they can get to their market,” argues Stephen Hurwitz, a thought leader in the Canadian venture capital industry, recognizing that the proximity to a VC-tech hub can help the success rate of Canadian startups.
A socialized healthcare system, Canada’s market is fragmented by province and type of care – most primary and emergency care is free for residents whereas specialty care, prescription drugs, long-term and in-home care amongst others,
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Infographic: ACA Is a Tax Cut for Middle-Class Families
Center for American Progress infographic that shows how the ACA (Affordable Care Act) is actually a major tax cut for middle class families
Following the Supreme Court ruling on ACA (Affordable Care Act) show implications that it will provide the American middle class with tax savings making healthcare more affordable. In the following infographic, the Center for American Progress displays that only 1.2% of Americans that will decline the voluntary health insurance would only pay a penalty
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