What You Should Know:
- Ready, a company described as the “Uber” of on-demand health
service, just raised $54 million in its Series C funding round.
- Ready’s on-demand care model is evolving the healthcare
industry with customer service and mobility, just like Uber did for ride
sharing and Postmates for food delivery.
Ready, an New Orleans,
LA-based on-demand healthcare service, today announced that it closed $54
million of new funding to finance the expansion of its operations and
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Waystar Acquires Medicare RCM Company eSolutions at $1.3B Valuation
What You Should Know:
- Revenue cycle management provider Waystar acquires eSolutions, a provider of Medicare and Multi-Payer revenue cycle management, workflow automation, and data analytics tools at a $1.3B valuation.
- The acquisition will create the first unified
healthcare payments platform with both commercial and government payer
connectivity, resulting in greater value for providers.
Waystar, a provider of healthcare payments software, today
announced a definitive
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Sprout Launches with $10M to Power Tech-Enabled In-Home Autism Care
What You Should Know:
- Sprout, a tech-enabled platform pioneering the future
of autism care, launches today with $10M in funding to solve the broken,
outdated, and costly process families face when seeking care for children.
- Sprout offers free autism assessments, matches children with world-class therapists for in-home individualized treatment plans unique to their needs, and equips parents with a software-enabled experience to manage their child’s care, while also sharing a
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DispatchHealth Raises $135.8M to Expand On-Demand In-Home Care Model
What You Should Know
- Today DispatchHealth announced the closing of $135.8 million growth capital financing led by Optum Ventures and included participation from existing and new strategic investors.
- The additional funding enables DispatchHealth to
continue to provide in-home medical care to even more vulnerable, high-needs
patients by growing its existing 19 markets, expanding to new markets, and
launching additional services.
- Many health systems, including Renown Health and
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CareAcademy Lands $9.5M for Online Training Platform for Senior Care
What You Should Know:
- CareAcademy raises $9.5 million in Series A funding to expand its online training platform for senior care professionals to deliver the highest caliber of service and improve the lives of older adults.
- Series A round signals massive market opportunity as CareAcademy seizes a greater share of online caregiver training; brings total company funding to more than $13 million.
CareAcademy, a Boston, MA-based home care & home health workforce empowerment
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Care Coordination Network PatientPing Raises $60M to Fuel Expansion
What You Should Know:
- PatientPing raises $60M in Series C funding to fuel expansion to new geographies and extends the capabilities of their care coordination network solutions.
- As the nation’s leading care collaboration and
patient event notifications (e-notifications) platform, PatientPing’s
comprehensive suite of solutions leverage real-time patient data and are used
by provider organizations, hospitals, health plans, governments, individuals
and the organizations supporting
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Telehealth After COVID-19: What’s Next for the Healthcare Industry?
Michael Morgan, CEO of Updox
Like the rest of the economy, healthcare has been upended by the coronavirus. Not just emergency rooms, but primary care physicians, specialists, and long-term care facilities, too.
Struggling to continue providing care in a time of social distancing, many have turned to telehealth in record numbers. Even providers who may have previously viewed telehealth skeptically – perhaps because of the technology’s perceived complexity or reimbursement
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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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CVS Health, UCLA Health Partner to Bolster Hospital Capacity for COVID-19
What You Should Know:
- CVS Health announced it is working with hospitals and providers, including major systems like UCLA Health, to support their solutions for creating much-needed hospital bed capacity during the pandemic.
- Hospitals around the country are expanding their capacity to meet the anticipated needs as a result of the COVID-19 pandemic.
- Current estimates project that hospitals nationwide need to increase capacity by more than 36,000 hospital beds.
- In addition,
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Banner Health Expands Ambulatory & Acute Virtual Care Services to Patients
- Banner Health inks a 5-year partnership agreement with eVisit and VeeMed to enable ambulatory and acute virtual care services for their patients throughout the Southwest. - Together, eVisit and VeeMed will provide a Banner-branded virtual care platform including software, mobile applications, and leveraging Banner hardware to operationalize Banner's preferred approach to virtual care services. Banner Health, one of the largest nonprofit health care systems in the country has
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