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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Home Care
CareLinx by Sharecare Forms Clinical Advisory Board for Home Health Platform
What You Should Know: - Sharecare, the digital health company that helps people manage all their health in one place, today announced the formation of a clinical advisory board for its home health platform and network of caregivers, CareLinx by Sharecare. - The aim of the board is to help shape the clinical care offering from CareLinx as well as our nurse retention and recruiting efforts, so we’ve appointed 10 leaders across the nursing field – military, private practice, academia,
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At-Home Digital Health Innovations Transforming Diabetes Care
If you’re looking for a silver lining in the COVID-19 dark cloud still enshrouding the world, consider this: The pandemic has turbocharged widespread acceptance of at-home digital health solutions. Forced to function in a world of social distancing, healthcare providers and physicians have quickly discovered how easily telehealth visits, remote patient monitoring (RPM) and digital therapeutics can improve patient care. Many of these digital health innovations are designed to address
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UHG’s Optum Acquires Home Health Business LHC Group for $5.4B
What You Should Know: - UnitedHealth Group subsidiary Optum has agreed to acquire LHC Group, a national patient-focused provider of high-quality in-home health care services for $5.4 billion ($170 per share). - The acquisition will further strengthen their shared ability to advance value-based care, especially in the comfort of a patient’s own home. Extend Value-Based Care into Patients’ Homes The combination of LHC Group with Optum Health, which works
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2022 Infusion Industry Outlook: Adapting Care Delivery to Meet New Realities
January 2022 marked two years since the outbreak of COVID-19, with the healthcare system still working to adjust to a very challenging new reality. However, these challenges have served as a catalyst for important shifts within the healthcare industry, some of which are poised to be a significant part of the 2022 infusion landscape. Similar to 2020, there were increases in demand in 2021 for infusion pumps to treat COVID-19 patients. Initially, infusion pumps were requested for Covid patients
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ConcertoCare Raises $105M for Value-Based At-Home Care for Seniors
What You Should Know: - ConcertoCare, a value-based care provider of at-home care for seniors and other adults with unmet health and social needs raises $105M in Series B funding led by Wells Fargo Strategic Capital. The round also includes investments from Obvious Ventures, Vast Ventures, The Schusterman Family Foundation, SteelSky Ventures, Pennington Partners, and returning investor Deerfield Management. The funding announcement comes on the heels of ConcertoCare acquiring home-based
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Medically Home Secures $110M to Expand Hospital-At-Home Platform
What You Should Know: - Medically Home today announced a new, $110M round of funding from strategic investors including Baxter International Inc., Global Medical Response (GMR) and Cardinal Health who will each have representation on the company's Board. Cardinal Health, Mayo Clinic and Kaiser Permanente are providing additional capital on top of their previous investments, demonstrating confidence in the growing expansion of the model nationwide. - The Medically Home model
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6 Top Reasons to Consider In-Home Care For Elderly
Your aging loved ones need special care and attention. Whether it is taking care of their health or helping them with daily chores, your elderly parents may require assistance to live healthily and comfortably. It’s possible that you cannot be there for 24x7 assistance, but you can look for different in-home care options. Home care proves to be the best solution for many families as it allows their elderly loved ones to stay within the comfort of their homes and seek proper healthcare. Some
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AdhereHealth Partners with Digital In-Home Care Provider, Hero
What You Should Know: - Partnership enables AdhereHealth to deploy Hero’s digital in-home care platform to simplify complex medication routines, improve patient safety and optimize value-based care. AdhereHealth, a healthcare technology leader in medication adherence insights and health outcomes, has entered into a strategic partnership with Hero, the market leader in digital in-home care. This new agreement enables AdhereHealth to deploy Hero’s digital in-home care platform to help
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Home Care Startup MedArrive Raises $25M for Affordable At-Home Care
What You Should Know: - Home care startup MedArrive raises $25M in Series A funding led by Section 32 to accelerate platform buildout, network expansion to bring affordable at-home care to vulnerable populations across the country. - MedArrive enables healthcare payers and providers to seamlessly extend care services into the home, unlocking access to high-quality healthcare for more people at a fraction of the cost. - Since its founding in December 2020, MedArrive has doubled the
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