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
Read More
Komodo Health Appoints COO, Transcarent, Vytalize Health, RxBenefits, Other Digital Health Appointments
Komodo Health has named Dr. Aswin Chandrakantan as its Chief Operating Officer. Dr. Chandrakantan will also continue to serve as the firm’s Chief Medical Officer, a role he has held since 2016. Dr. Chandrakantan was one of Komodo Health’s earliest employees – following leadership roles at McKinsey and Google – and has played a central role in the company’s rapid-fire growth. RxBenefits appoints Wendy Barnes as its new Chief Executive Officer. Barnes succeeds Bryan Statham, who served as the
Read More
HealthQuest Capital Closes $675M for Fund IV to Invest in Transformational Healthcare Companies
What You Should Know: - HealthQuest Capital, a sector specialist capital firm focused on companies optimizing value in healthcare, today announced the close of HealthQuest Partners IV, L.P., at its hard cap of $675M . - The oversubscribed fund will enable HealthQuest to continue to invest in growth-stage companies that are revolutionizing the healthcare industry. Providing Growth Capital to Companies Transforming Healthcare Founded in 2013 by Garheng Kong, a physician, scientist, and
Read More
League Partners with Google Cloud to Accelerate Healthcare Consumer Experiences
What You Should Know: - League today announced a strategic partnership with Google Cloud that aims to accelerate and enable successful digital transformation for healthcare providers, payers, pharmacy retailers and employers. - By leveraging Google Cloud's Healthcare API, League is able to deliver a comprehensive healthcare consumer experience platform and enable the most personalized omnichannel experiences on the market. The partnership will also include the addition of the League
Read More
Elizabeth Dole Foundation & Cerner Launch Clinical Council
What You Should Know: - In partnership with Cerner Corporation, the Elizabeth Dole Foundation, today announced the launch of the Inclusive Care Clinical Council, a group of healthcare experts, leaders and stakeholders who will assess the impact of the Foundation’s Inclusive Care efforts and guide how it can be expanded to healthcare systems. - The goals of the Clinical Council are to generate a dialogue around assessing the system-wide impact of inclusive care, identify how
Read More
Cohere Health, Humana Expand Partnership to Transform Prior Authorization Process
What You Should Know: - Cohere Health announced that Humana Inc. is embarking on a nationwide expansion of Cohere's digital prior authorization platform for musculoskeletal (MSK) services, based on the success of its initial implementation. - After rolling out the platform across 12 states in January 2021, Humana has made significant progress toward achieving its vision to reimagine and modernize processes for prior authorization by reducing approval times, increasing provider
Read More
Humana Acquires Integrated Post-Acute Care Provider onehome – M&A
What You Should Know: - Humana Inc. announced that it has signed a definitive agreement to acquire integrated post-acute care provider One Homecare Solutions (“onehome”) from WayPoint Capital Partners (WayPoint), the private equity affiliate of a New York-based family investment office. - The acquisition will further advance Humana’s strategy to build a value-based home health offering. - Founded in 2013, onehome is a provider of a variety of home-based services, as well as a convener
Read More
Humana Taps NowPow to Address Social Needs for Medicare & Medicaid Members in Chicago
What You Should Know: - Humana Inc., today announced it is partnering with NowPow to improve the health of communities across Chicago by identifying and addressing root causes of poor health. - As part of the partnership, Humana will leverage NowPow’s personalized community referral platform to help extend the digital infrastructure for its population health strategy supporting Humana Medicaid and Medicare members in Chicago. This effort aims to improve members’ health by meeting needs
Read More
Cohere Health Raises $36M to Automate Prior Authorization Between Payers & Providers
What You Should Know: - Boston-based health IT company Cohere Health has closed a $36 million Series B funding round led by Polaris Partners, with additional participation from new investors Longitude Capital and Deerfield Management, as well as existing investors Flare Capital Partners and Define Ventures. The round comes less than a year after the company launched, and only 3 months after a Series A extension. - Cohere Health’s AI-based, fully
Read More
Strive Health Raises $140M for Value-Based Kidney Care Platform
What You Should Know: - Strive Health, a Denver-based provider of value-based kidney care today announced $140 million in Series B funding with Alphabet’s independent growth fund, CapitalG, as the lead investor. Strive has more than doubled its presence in regional markets and grown its employee base by more than 600% in the last year. This funding will further increase that momentum. - Currently, there is $410 billion of unmanaged kidney disease
Read More
