What You Should Know: - TytoCare, a virtual care company enabling accessible, high-quality primary care from home, today announced the launch of the Home Smart Clinic, a multi-pronged offering delivering health plans and providers a comprehensive range of elements required to launch a truly successful virtual care program without compromises. - The Home Smart Clinic is proven to reduce the total cost of care (TCC) for health plans by 10% on average, to deliver 59% more accurate diagnoses
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Home Health | Home Care | Elder Care | News, Analysis, Insights
Rock Health Reveals 4 2022 Digital Health M&A Trends to Watch
What You Should Know: - The choppy waters of this year’s market have forced a significant slowdown in digital health investment, but buyers and builders alike are seizing the moment to consider mergers and acquisitions (M&A) as strategic opportunities. - In their latest report, Rock Health explores the sell-side and buy-side dynamics that are making conditions ripe for M&A activity and dig into four M&A approaches being pursued by acquirers in this market moment. Key
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Overcoming the Healthcare Staffing Shortage Through Back-Office Automation
Today’s healthcare staffing shortage, fueled by the COVID-19 pandemic but years in the making, has left many hospitals and health systems scrambling. To date, the shortage of front-line healthcare workers has received most of the attention, and for good reason: By 2025, the U.S. is likely to face a shortage of 446,300 home health aides; 95,000 nursing assistants; and 29,400 nurse practitioners, according to a report from consulting firm Mercer. However, what is less appreciated
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a16z Bio+ Health Partners with Bassett Health to Bring Digital Health Solutions to Rural New York
What You Should Know: - Andreessen Horowitz (a16z) Bio + Health fund today announced a strategic partnership with Bassett Healthcare Network, an integrated healthcare system in central New York state. - The strategic partnership aims to leverage digital healthcare technologies from a16z’s portfolio companies to address the inequities and systemic challenges of delivering high-quality healthcare to rural patient populations through Bassett Healthcare Network. Leveraging Digital Health to
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CVS Health Taps ixlayer to Offer At Home Health Testing Kits for Consumers
What You Should Know: - ixlayer, a digital health company on a mission to make health testing more accessible by pairing at-home self-collection testing with digital experiences, announced it is now the platform for CVS Health branded at-home sample collection kits. - Easily accessible to consumers, the easy-to-use kits provide convenient, affordable and quality testing for Vitamin D, Lyme disease, sexually-transmitted infections, and thyroid function – and offer next-best care
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KLAS: Post–Acute Care EMR Product Suites 2022 Trends to Watch
What You Should Know: - A new report from KLAS examines what solutions are offered, how they are being adopted, and how well they meet setting-specific functionality needs (particularly for home health and LTC/SNF) - The KLAS report mainly focuses on vendors specific to post-acute care but also provides a brief look at the post-acute care solutions of enterprise acute care EMR vendors. Trends Concerning Post-Acute Care EMR Product Suites in 2022 Most providers in post-acute care
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Withings Unveils New Body Comp Smart Scale & Health+ Service
What You Should Know: - Withings is reimagining the use of smart scales and home health optimization with the introduction of Body Comp, a complete body assessment scale measuring multiple biomarkers typically only assessed in a professional clinical setting, and Health+ an enhanced service providing detailed health analysis and tools to help people improve their health by building a health routine. - Bundled together, Body Comp and 12-month access to Health+ will be available from October
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Luna Unveils Value-Based Savings Orthopedic Program
What You Should Know: - Luna, the leading in-home physical therapy (PT) platform, today announces the launch of a value-based savings program for orthopedic practices to reduce post-acute care costs by 55-70%. - Top orthopedic groups are turning to Luna to reduce costs and deliver this innovative, in-person form of care, including Hoag (Orange County), Resurgens Orthopaedics (Atlanta), and dozens of others. Using At-Home PT Services To Reduce the Cost of Orthopedic
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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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Olio Health Raises $13M for Post-Acute Engagement for Health Systems
What You Should Know: - Olio Health, an Indianapolis, IN-based workflow and collaboration platform for the post-acute care and population health industry, raised $13m in Series A funding. - The round was led by Fulcrum Equity Partners with participation from Mutual Capital Partners. The company intends to use the funds to further accelerate its growth through product development and key hires across multiple departments. - Led by Ben Forrest, CEO, Olio provides a platform for
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