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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Home Care
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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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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