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Home Health | Home Care | Elder Care | News, Analysis, Insights

PointClickCare Acquires Collective Medical for $650M to Create to Largest Combined Acute and Post-Acute Care Network

by Fred Pennic 12/08/2020 Leave a Comment

PointClickCare Acquires Collective Medical for $650M to Create to Largest Combined Acute and Post-Acute Care Network

What You Should Know: - PointClickCare announces its intent to acquire Collective Medical to create the largest combined acute and post-acute care network in North America for $650M. - Collective Medical’s platform connects more than 1,300 hospitals, thousands of ambulatory practices and long-term post-acute care (LTPAC) providers, as well as accountable care organizations (ACOs) and every national health plan in the country, across a 39-state network. - With the acquisition of
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Brigham, Biofourmis Co-Develops Tech Solution to Enable Home Hospital Care

by Jasmine Pennic 12/03/2020 Leave a Comment

Brigham, Biofourmis Co-Develops Tech Solution to Enable Home Hospital Care

What You Should Know: - Brigham is working with Biofourmis on a national rollout of their co-developed technology solution, which has been refined and scaled for use by other healthcare systems across the country seeking to establish and execute similar home hospital programs to alleviate COVID-related capacity issues and to receive 1:1 parity on payments from CMS. - The Hospital@HomeTM platform provides a turnkey, end-to-end ecosystem for any health system that wants to quickly launch
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M&A: CarepathRx Acquires Pharmacy Operations of Chartwell from UPMC for $400M

by Fred Pennic 12/01/2020 Leave a Comment

CarepathRx Acquires Specialty Pharmacy Operations of Chartwell for $400M

What You Should Know: - CarepathRx will acquire the University of Pittsburgh Medical Center’s pharmacy operations in a $400M deal. - The company fully integrates pharmacy operations, expands healthcare services, improves ambulatory access, minimizes clinical variation and creates new health system revenue streams. - CarepathRx serves more than 15 health systems and 600 hospitals, with more than 1,500 employees nationwide, 400 payor contracts. Already CarepathRx has treated more than
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Independence Blue Cross, Signify Launches Social Determinants of Health Network in Philly

by Jasmine Pennic 09/30/2020 Leave a Comment

Independence Blue Cross, Signify Launches Social Determinants of Health Network in Philly

What You Should Know: - Independence Blue Cross and Signify Health launches social determinants of health network, CommunityLink to connect data from multiple CBOs to integrate social directly into medical care in the Philadelphia area. - CommunityLink represents one of the first examples nationwide of combining in-home health with social care. Independence Blue Cross (Independence) and Signify Health announce the launch of CommunityLink™, a social determinants of health (SDoH)
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Humana Taps Salesforce to Power its Enterprise Clinical Operating Model

by Fred Pennic 09/03/2020 Leave a Comment

Salesforce

What You Should Know: Health insurer Humana has selected Salesforce to deliver a more connected, personalized healthcare experience for its members. - Through a new multi-year agreement, Humana will capitalize on infrastructure and capabilities offered by Salesforce Health Cloud to create an integrated health experience for its members. Health insurer Humana has inked a new multi-year agreement with Salesforce to deploy Salesforce Health Cloud to help power its Enterprise Clinical
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Validic Launches New Remote Patient Monitoring Solution, Requires No EHR Integration

by Fred Pennic 08/25/2020 Leave a Comment

Validic Launches Rapid Deployment Remote Patient Monitoring Solution

What You Should Know: - Validic launches the newest version of its remote patient monitoring (RPM) offerings, Validic Impact: Rapid Deployment. - This new standalone version of Validic Impact requires no EHR integration and can be used as a fully standalone solution. Validic, a Durham, NC-based provider of health data platforms and solutions for scaling remote patient monitoring (RPM), has announced the release of a major update to its remote patient monitoring
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How ADT-Based E-Notifications Can Enable Better Safety for COVID-19 Patients

by Jay Desai, CEO & Co-Founder, PatientPing 07/27/2020 Leave a Comment

Why E-Notifications Are More Important Than Ever Amidst the COVID-19 Pandemic

As COVID-19 continues to impact the country, providers across the continuum face new challenges delivering care and ensuring safety for their patients and themselves.  During this period, sharing real-time information about patients’ care encounters across provider types and care settings matter more than ever. In particular, hospitals sharing admission, discharge, and transfer (ADT) events with COVID-19 patients’ community-based providers is critical to ensure the best treatment course and
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Telehealth’s Time Has Come. And It’s Here to Stay.

by Ernie Ianace, EVP Sales and Marketing at VitalTech 07/21/2020 Leave a Comment

Telehealth’s Time Has Come. And It’s Here to Stay.

“The numbers don’t lie,” is a famous old adage and quite appropriate with regard to the rapid rise and deployment of telehealth solutions in the medical community. It may have taken a global pandemic for society to recognize and investigate the rewards of its adoption, but statistics reveal that telehealth’s moment has indeed come. And it certainly seems like it’s here to stay. How did we come so far, so fast? By undertaking forward-thinking policies and bold action, the health care industry
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CareAcademy Lands $9.5M for Online Training Platform for Senior Care

by Fred Pennic 06/11/2020 Leave a Comment

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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LetsGetChecked Nabs $71M for Direct-to-Consumer At-Home Health Testing

by Fred Pennic 05/06/2020 Leave a Comment

LetsGetChecked Nabs $71M for Direct-to-Consumer At-Home Health Testing

LetsGetChecked, a leading direct-to-consumer at-home health testing and insights company, today announced the closing of $71 million in its Series C round of financing co-led by Illumina Ventures and HLM Venture Partners. The round also includes new investors Deerfield, CommonFund Capital, and Angeles Investments and existing investors Transformation Capital, Optum Ventures, and Qiming Venture Partners USA. Nick Naclerio, Founding Partner at Illumina Ventures and Steven Tolle, Partner at HLM
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