Sharecare Acquires On-Demand Home Health Platform CareLinx for $65M Sharecare today announced that it has closed its acquisition of CareLinx , an on-demand home health platform of tech-enabled care providers from Europ Assistance, one of the largest global assistance companies. Under the terms of the agreement, the acquisition is valued at approximately $65M, consisting of $54.6M in cash and $10.4M in Sharecare common stock. The acquisition marks Sharecare’s 18th acquisition since
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HIMSS | News, Analysis, Insights - HIT Consultant
5 Post-Acute Care Industry Trends to Watch in 2021
What You Should Know: - Healthcare technology company Forcura names the five
most significant trends for the post-acute care industry in 2021. The post-acute care (PAC) sector saw some of its most
profound challenges this year, from deadly COVID-19
outbreaks in skilled nursing facilities (SNFs) to a suddenly accelerated need
for the services provided by home health and hospice. The biggest question now
is that what does the post-acute care future hold for all of us? Forcura, a
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5 Steps for Interoperability Excellence for Healthcare Providers
As if 2020 couldn’t be any more challenging for healthcare providers, new federal rules on interoperability and patient access, granting patients direct access to their healthcare data, begin taking effect in 2021 and will continue into 2022. These rules, while ultimately beneficial to patients, bring an additional level of operational complexity to many revenue-stressed healthcare organizations. If anything, the 2020 pandemic has illustrated the vast potential of interoperability. For
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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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Call to Action: Restrictions Around Virtual Health Can’t Go Back to “Normal”
As a result of the COVID-19 pandemic, the federal government has passed several stimulus packages with the goal of helping employers keep their business in operation while office volume is down and, in some cases, practices are physically closed. The CARES Act, which included the Paycheck Protection Program (PPP) and Provider Relief Fund, for example, has provided some relief to eligible healthcare providers, including low-interest rate loans to help providers pay staff salaries, rent, and other
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What’s the Secret to Building the Hospital of the Future? Simplicity.
As the healthcare industry becomes more connected, executives are increasingly looking for ways to digitally transform and provide next-level, life-saving care to patients. But it comes at a cost — and it’s not just monetary. The spiraling complexity of hospital networks is becoming a massive problem for health IT staff, and it’s inhibiting hospitals’ ability to advance. Brought on by years of network technologies and applications being layered onto the existing hospital infrastructure,
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COVID-19: 5 Steps for Health IT Teams to Accommodate New Demands
The rapid escalation of COVID-19 patient cases has created new challenges for healthcare organizations to scale up testing and care services, while also reducing risk for non-critical patients or care workers. Healthcare IT professionals are being asked to digitally transform overnight, in supporting remote workers, telemedicine, outdoor triage tents, and a surge in patients and connected devices. Here are five key steps for healthcare IT departments to take in order to accommodate the new
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Coronavirus Forces Cancellation of 2020 HIMSS Conference: 6 Things to Know
What You Need to Know: - Amidst growing fears of exposure to the COVID-19 Coronavirus HIMSS announced the cancellation of the 2020 HIMSS Global Health Conference & Exhibition, marking the first cancellation in 58 years. - The advisory panel recognized that industry understanding of the potential reach of the COVID-19 Coronavirus h has changed significantly in the last 24 hours. - Over the last week, COVID-19 Coronavirus has become a global topic of concern. Gov. Ron DeSantis
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Due to Coronavirus Outbreak, Medicomp Systems Pulls Out of HIMSS20
What You
Need to Know: Medicomp Systems cancels its participation in the HIMSS 2020 conference due to the coronavirus (COVID-19) outbreak posing an unacceptable health risk for its staff. Medicomp Systems, a Washington, D.C.-based provider
of clinician-driven, point-of-care solutions that fix EHRs, announced today that the company is
canceling its participation in the 2020 HIMSS Global Health Conference &
Exhibition, March 9–13, 2020 in Orlando to protect the health and safety of
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Philips Launches Emergency Care Informatics Suite to Power Real-Time Feedback Between Emergency Responders & Doctors
What You Need to Know: - Philips launches its new pre-hospital informatics solution for emergency responders in the U.S. market and will debut it at HIMSS 2020 next week. - Emergency medical service personnel are facing rising demands in their roles while also encountering challenging and diverse cases that require better technology to meet patient needs. - By providing real-time, bidirectional feedback between emergency responders on the scene and doctors in the hospital awaiting the
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