What You Should Know: Arcadia, a healthcare data analytics company raises $125M from Vista Credit Partners and a strategic investor and financing partner focused on the enterprise software, data and technology market.Arcadia helps providers and health plans deliver actionable insights to advance care and research, drive strategic growth, and ensure financial success.The investment will accelerate Arcadia’s platform innovation and go-to-market strategy to meet the growing demand from
Read More
Healthcare Data Analytics
Digital Health Exec Hires: Transcarent Appoints CMO, Carium, Tegria, Swift Medical, GoCheckKids, Others
Transcarent appoints Dr. Randy Hawkins as Chief Medical Officer (CMO) and will report to Transcarent Chief Executive Officer, Glen Tullman. As CMO, Dr. Hawkins will oversee the organization’s clinical quality initiatives and support the organization’s health analytics strategy. Swift Medical has appointed Brian Litten as its new Chief Executive Officer effective immediately. Litten brings decades of healthcare leadership experience across health plans, provider organizations, regulatory
Read More
How Health Systems Can Use AI to Optimize Resources and Maximize Patient Satisfaction
Over the past several years, nearly all of the leading health systems in the United States have adopted some form of AI, such as machine learning (ML) or natural language processing (NLP), to assist in managing healthcare operations. The unprecedented growth and development of AI has been instrumental in transforming health system administration, healthcare data analytics and patient diagnosis and treatment. Despite this growth, health systems have yet to maximize the potential of AI to
Read More
Pivotal Analytics Nabs $10.2M for Healthcare Data Analytics Platform
What You Should Know: - Pivotal Analytics, a provider of strategic healthcare analytics solution Pivotal, announced it has raised $10.2M in a Series A funding round. This investment was led by one of the largest owner-operators of medical office buildings in the United States, with participation from three existing investors. - Pivotal, the company's flagship business intelligence platform, is a strategic healthcare analytics solution that empowers healthcare
Read More
H1 Secures $58M to Expand Global Healthcare Data Platform
What You Should Know: - H1, the largest database of information on every doctor in the world raises $58M in Series B funding, just six months after raising its Series A round during the pandemic. - H1 is the largest database in the world connecting that provides comprehensive in-depth profiles of more than 9 million healthcare professionals and 16,000 institutions in 70-plus countries, all of which are kept up-to-date weekly. H1, a global platform for the healthcare
Read More
M&A: Cedar Gate Acquires Deerwalk to Enhance Value-Based Care Analytics
What You Should Know: - Cedar Gate acquires Deerwalk, an innovative population health management, data management, and healthcare analytics software company based in Lexington, Massachusetts. - By acquiring Deerwalk, Cedar Gate expands its employer-based offerings with the ability to actively engage employers and ASOs as they manage rising healthcare costs. The combined suite of offerings improves the patient experience and delivers financial sustainability. Cedar Gate Technologies
Read More
M&A: Centene to Acquire AI Healthcare Analytics Platform Apixio
What You Should Know: - Centene Corporation acquires AI healthcare analytics platform Apixio to additional data and AI capability to technology portfolio. - Apixio will remain an operationally independent entity as part of Centene's Health Care Enterprises group to continue bringing value to its clients and the industry. Centene Corporation, today announced it has signed a definitive agreement to acquire Apixio Inc., an AI healthcare analytics company offering Artificial
Read More
2020 MedTech Breakthrough Award Winners Announced
What You Should Know: - MedTech Breakthrough announces 2020 MedTech Breakthrough Award Winners that recognizes the top companies, people, platforms, and products in the health, fitness, and medical technology industries today. - The 2020 MedTech Breakthrough Awards program is open to all individuals, companies, and organizations involved in producing digital health and medical technology products and services. MedTech Breakthrough, a market intelligence organization that recognizes
Read More
HealthLynked Acquires Cura Health & ACO Health Partners
- HealthLynked acquires Cura Health Management and its wholly-owned subsidiary ACO Health Partners LLC for $1.75M. - The acquisition is expected to contribute approximately $2.25M of revenue and $500k in EBITDA in year one, increasing HealthLynked's consolidated revenues by 47% and reducing the company's current annual cash burn by over 50%.HealthLynked Corp, a nationwide healthcare network focused on care management of its members and a provider of healthcare technologies that connect doctors,
Read More
6 Considerations For Creating A Robust Healthcare Data Analytics Program
Healthcare organizations are increasingly turning to data analytics to solve their toughest business challenges. As information becomes less siloed, and technology systems do a better job of both generating and sharing data, organizations are seeing the need to more precisely identify patterns to predict patient needs, anticipate resources and improve processes. There is now as much emphasis on making the data work as there was on collecting data, so it can affect change. Unfortunately,
Read More
