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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Home Care
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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UCI Health Partners with Luna to Expand Access to Care with In-Home Outpatient Physical Therapy
What You Should Know:
- Luna, the leading provider of in-home physical therapy, has teamed up with UCI Health, to expand access to patient care by providing in-home physical therapy across Orange County, California.
- With a focus on evidence-based care, UCI Health is the only academic health system in Orange County and the clinical arm of the University of California, Irvine. Through the collaboration, UCI Health will leverage Luna’s platform to coordinate and deliver in-home physical
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How IoT Data Integration Helps Deliver Improved At-Home Healthcare in 2022
When it comes to your health and treatment, hospitals leverage a variety of sensors and instruments to collect the necessary information to monitor and diagnose your health status. With essential health data integrated into one platform, healthcare professionals are able to quickly and easily monitor critical care parameters, which allows them to make decisions and deliver the best possible patient care.
Comprehensive big-picture insight into various health parameters, such as a patient’s
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Is It Finally Time for Hospital-at-Home or is Time Up?
All the signs point to a bright and expansive future for hospital-at-home programs, which have been growing steadily since the Centers for Medicare and Medicaid (CMS) created the Acute Hospital at Home waiver program in November 2020. As of March, nearly 100 health systems and more than 200 hospitals in 34 states had been approved for the program. Meanwhile, Forrester predicts the number of hospitals delivering acute care at home will triple in 2022. The reasons why are compelling: a study
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Report: Advancing Tech-Enabled Health & Home Care
What You Should Know:
The Milken Institute Center for the Future of Aging today released a report to identify actionable recommendations to better integrate health and home care through technology. These recommendations were gathered from a convening of stakeholders representing health care, technology, government and policy, research and academia, philanthropy, advocacy, and community-based organizations.
Report Background
While the COVID-19 pandemic heightened the focus on
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Philips and Prisma Health Partner to Drive Enterprise Interoperability & Imaging Solutions
What You Should Know:
- South Carolina’s largest health system Prisma Health adopts Philips software solutions for patient monitoring and enterprise imaging, helping to drive interoperability and data analytics, and deliver on Quadruple Aim.
- The partnership reflects today’s growing trend of long-term strategic partnerships (LSPs) within hospitals and health systems to better manage the cost and complexity of their technology investments over a defined period of time while expanding
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Biofourmis Secures $300M to Expand Virtual Care Offerings
What You Should Know:
- Biofourmis, a global leader in virtual care and digital medicine raises $300 million in Series D investment led by leading global growth equity firm General Atlantic. CVS Health and existing investors also participated in the round,
- Biofourmis also announced that former Medtronic CEO and Chairperson at Intel, Dr. Omar Ishrak, will join the company’s Board of Directors as Chairman.
Transforming Patient Health Through Personalized, Predictive Care
Founded in
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