What You Should Know:
- Axle Health, a provider of scheduling and workforce management software for home healthcare, today announced the closing of an additional $4.2M in seed funding, bringing its total raised to $4.4M.
- This latest round, led by TRAC VC with participation from existing investor Pear VC, will fuel Axle's mission to address the critical staffing shortage in the home healthcare industry through innovative technology solutions.
Optimizing Care Delivery and Reducing
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home healthcare
Patient Violence is the Top Safety Concern For Healthcare Workers
What You Should Know:
Patient violence is a top safety concern for healthcare workers, according to recent Motorola Healthcare Worker Safety report.Overall, the data shows that healthcare workers feel safe in their respective medical environments, but are grappling with safety issues that have dominated headlines in recent years. Those that have healthcare professionals most concerned include: patients becoming violent (72%), the impacts of burnout/mental health (61%) and active
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MedArrive Secures $8M to Expand At-Home Care
What You Should Know:
- MedArrive, a Mobile-integrated care management platform company today announced $8M in new funding led by Cobalt Ventures, a wholly owned subsidiary of Blue Cross and Blue Shield of Kansas City (Blue KC). The investment follows MedArrive’s $25 million series A round in November 2021 and brings the company’s total funding to $40.5M to date
- MedArrive plans to use the new investment to expand its payer relationships, build out its team and
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MedArrive, Ouma Partner to Bring In-Home Maternal Care to Vulnerable Medicaid Members
What You Should Know:
- MedArrive today announced its collaboration with Ouma, one of the most mission-driven maternal health companies in the nation, which has the largest DTC network of maternal-fetal medicine providers (and other care specialists).
- The collaboration aims to improve the health of pregnant women and their newborns, especially those at high risk, by adding a vital service to MedArrive’s growing ecosystem of specialty care providers that managed
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TytoCare Receives FDA Clearance for AI-Powered Tyto Insights for Wheeze Detection
- TytoCare, a virtual care company enabling accessible, high-quality primary care from home, today announced that it received FDA clearance for its Tyto Insights for Wheeze Detection, paving the way for its rollout in the US.
- The wheeze detection algorithm expands the company’s existing AI-powered Tyto Insights™ smart diagnostic capabilities, filling the quality gaps currently experienced with traditional telehealth and alleviating challenges imposed by the ongoing shortage of healthcare
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NTT DATA Survey Reveals Lack Of Awareness Around Healthcare-At-Home Options & Preference for Telehealth
What You Should Know:
- A new NTT DATA survey reveals that 52% of U.S. adults did not know that healthcare providers are testing or working towards providing in-home medical care as opposed to requiring an in-office or hospital visit. Of those respondents, more than one out of three (35%) noted they currently would prefer to receive care in their home.
- Garnering responses from 1,000 U.S.-based adults, the survey data uncovers that while the general consumer population is
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Home Healthcare Market is Expected to Reach $340.2B
What You Should Know:
- Home Healthcare market in terms of revenue was estimated to be worth $226 Billion in 2022 and is poised to reach $340.2 billion by 2027, growing at a CAGR of 8.5% from 2022 to 2027 according to a latest report published by MarketsandMarkets™.
- The report reveals growth in this market is mainly driven by rapid growth in the elderly population, and the rising incidence of chronic diseases.
Rising Demand for Home-Health Services & Solutions
The home
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How Digital Health Technology Can Combat Elderly Abuse
One of the most difficult types of abuse to identify has always been elderly abuse. This is the segment of the population that is the most segregated because many just aren’t as mobile as they once were. So very many elderly people don’t drive anymore or have developed mobility issues that prevent them from venturing out in public much. For whatever reason, they aren’t as social as other segments of the population, and thus, it becomes extremely difficult to identify elderly abuse. However,
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HLTH22 Day 3 News Summary
DispatchHealth Raises $330M for Hospital-at-Home Care
DispatchHealth, a provider of in-home medical care raises $330M led by Optum Ventures with support from current investors such as Humana (NYSE: HUM), Oak HC/FT, Echo Health Ventures and Questa Capital. New investors included Adams Street Partners, the Olayan Group, Silicon Valley Bank, Pegasus Tech Ventures and Blue Shield of California. Patients and their care partners can request DispatchHealth medical care via phone, mobile app, or
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TytoCare Launches the Home Smart Clinic, the First Remote Primary Care Offering for the Entire Family
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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