DispatchHealth Raises $330M for Hospital-at-Home Care DispatchHealth, a provider of in-home medical care raises $330M led by Optum Ventures with support from current investors such as Humana (NYSE: HUM), Oak HC/FT, Echo Health Ventures and Questa Capital. New investors included Adams Street Partners, the Olayan Group, Silicon Valley Bank, Pegasus Tech Ventures and Blue Shield of California. Patients and their care partners can request DispatchHealth medical care via phone, mobile app, or
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5 Trends Driving the Future Growth of Digital Health & MedTech
What You Should Know: - Today Accenture published Digital Health and MedTech – New Signals for Transformation to understand the impact consumers, patients and healthcare professionals’ experiences and expanding care settings will have on the medtech industry. - In a global survey of Medtech executives, five key trends were identified, including Care Anywhere and Everywhere with over 75% of executives saying that the expanding care settings and models will significantly
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The Desire for Cost Savings Driving Key Trends in Healthcare Market
The healthcare market underwent significant changes during the pandemic as patients rethought how they received care, including opting for more telehealth and deferred elective procedures, but patient care is now normalizing as patients return to the office. However, payers are working to reduce the cost of care to reel in healthcare costs and keep premiums lower to remain competitive, driving key changes. Ambulatory Surgery and Home Care Surgeries are increasingly moving away from
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Bridge The Health Literacy Gap for Your Patients With These Top Tips
According to the National Assessment of Adult Health Literacy, only 12% of adults in the U.S. have proficient health literacy skills. Healthcare is a unique industry because it is wide-ranging yet highly personalized. Health literacy is important for patients, physicians and their communities. Each of these groups comes together to improve health systems and patient care, which is why mutual understanding and clear communication is vital to patient outcomes. Below, we discuss recommendations
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Imaging Strategy and Digital Mastery in Healthcare IT
How you handle imaging says a lot about your organization’s digital maturity The ongoing digitalization of industry continues to disrupt business and service models in every sector. Even though U.S. healthcare has traditionally lagged behind other fields in technological adaptation, there has still been a broad and tremendous shift in how healthcare functions, which is driven by IT infrastructure. From the slow and often frustrating rise of the EHR to the lightning fast rollout of
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Techstars Relaunches Healthcare Accelerator in Los Angeles
What You Should Know: - Techstars, a global investment business that provides access to capital, one-on-one mentorship, and customized programming for early-stage entrepreneurs announces today the relaunch of Techstars Healthcare sponsored by Cedars-Sinai, Point32Health, UCI Health, and UnitedHealthcare. - The consortium-led accelerator program will be based in Los Angeles and select 12 high-growth startups to participate in its intensive 13-week program. Startups will receive capital,
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Connected Pharmacy MedMinder Raises $35M for Polypharmacy & Senior Patients
What You Should Know: - MedMinder, a provider of connected pharmacy care for polypharmacy and senior patients, announced it has closed an additional $35 M in funding through a credit facility with SWK Holdings Corporation and additional investment from existing equity partner, Accelmed Partners. - The additional funding will allow MedMinder to further its mission of enabling patients to age at home by increasing its capacity to meet growing demand, offering its holistic pharmacy services
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Caregility and Eko Integrate to Address Gap in Telehealth
What You Should Know: - Caregility, an enterprise telehealth platform company, and Eko, the market leader in stethoscopes for telehealth, today announced an integration partnership. - Caregility’s cloud platform now seamlessly integrates with Eko’s smart stethoscopes and software, enabling users of Caregility’s iConsult application to perform high-quality auscultation (heart, lung, and other body sounds) on patients during a virtual physical exam. Addressing Virtual Care Gaps to Improve
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CVS Health in Talks to Acquire Signify Health
What You Should Know: - Signify Health is exploring strategic alternatives including a sale, according to a Wall Street Journal report. Initial bids are due this coming week. Additional companies are also in acquisition discussions with Signfiy Health, and CVS could face competition from other managed-care providers and private-equity firms. - The potential Signify acquisition has a market value of around $4.7 B after its shares rose on the news of a potential sale. Leveraging
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Healthcare & Life Science M&A Activity Plummets 1H’22
What You Should Know: - The index of Healthcare & Life Science equities tracked by Stout was down 16.8% in Q2 2022, which was in line with the S&P 500 decline of 16.4%. - Healthcare & Life Science M&A activity plummeted to 338 deals in Q2 2022 versus 535 in Q2 2021 and a record 565 deals in Q4 2021. The report reveals credit markets likely to tighten, but a healthy level of M&A is expected to continue in the growing and defensive healthcare sector. Key Trends and
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