What You Should Know: - Monogram Health, a Nashville, TN-based kidney disease benefit management and care delivery company announced a $375M growth funding round that will drive the company’s continued rapid expansion as the leading solution for high-quality, in-home care for polychronic patients living with chronic kidney and end-stage renal disease in the U.S. - Investors in the round include CVS Health, Cigna, Humana, Memorial Hermann Health System, SCAN, TPG Capital, Frist Cressey
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In-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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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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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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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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Biofourmis Secures $300M to Expand Virtual Care Offerings
What You Should Know: - Biofourmis, a global leader in virtual care and digital medicine raises $300 million in Series D investment led by leading global growth equity firm General Atlantic. CVS Health and existing investors also participated in the round, - Biofourmis also announced that former Medtronic CEO and Chairperson at Intel, Dr. Omar Ishrak, will join the company’s Board of Directors as Chairman. Transforming Patient Health Through Personalized, Predictive Care Founded in
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UHG’s Optum Acquires Home Health Business LHC Group for $5.4B
What You Should Know: - UnitedHealth Group subsidiary Optum has agreed to acquire LHC Group, a national patient-focused provider of high-quality in-home health care services for $5.4 billion ($170 per share). - The acquisition will further strengthen their shared ability to advance value-based care, especially in the comfort of a patient’s own home. Extend Value-Based Care into Patients’ Homes The combination of LHC Group with Optum Health, which works
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Medically Home Secures $110M to Expand Hospital-At-Home Platform
What You Should Know: - Medically Home today announced a new, $110M round of funding from strategic investors including Baxter International Inc., Global Medical Response (GMR) and Cardinal Health who will each have representation on the company's Board. Cardinal Health, Mayo Clinic and Kaiser Permanente are providing additional capital on top of their previous investments, demonstrating confidence in the growing expansion of the model nationwide. - The Medically Home model
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6 Top Reasons to Consider In-Home Care For Elderly
Your aging loved ones need special care and attention. Whether it is taking care of their health or helping them with daily chores, your elderly parents may require assistance to live healthily and comfortably. It’s possible that you cannot be there for 24x7 assistance, but you can look for different in-home care options. Home care proves to be the best solution for many families as it allows their elderly loved ones to stay within the comfort of their homes and seek proper healthcare. Some
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AdhereHealth Partners with Digital In-Home Care Provider, Hero
What You Should Know: - Partnership enables AdhereHealth to deploy Hero’s digital in-home care platform to simplify complex medication routines, improve patient safety and optimize value-based care. AdhereHealth, a healthcare technology leader in medication adherence insights and health outcomes, has entered into a strategic partnership with Hero, the market leader in digital in-home care. This new agreement enables AdhereHealth to deploy Hero’s digital in-home care platform to help
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