What You Should Know:
- UCSF Health Hub and the Digital Health Awards team announces the ten Best in Class winning companies, 40 Rising Stars, three Rising Star Champions and two Hall of Fame inductees for the 2022 Digital Health Awards.
- The winning companies were chosen from more than 1,200 submissions based on a rigorous judging criteria. In the first round of judging, the priority was on reviewing every aspect of
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Iora Health
One Medical Completes Acquisition of Iora Health
What You Should Know:
- Today, One Medical closed its acquisition of Iora Health, a value-based primary care group serving roughly 39,000 Medicare patients. Together, One Medical and Iora will extend its combined reach to provide human-centered, technology-powered care across every stage of life, with nationwide digital health coverage and a combined office footprint in 28 markets covering 120 million people or nearly 40% of the entire U.S. population.
- The acquisition, taking on
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One Medical Acquires Value-Based Primary Care Group Iora Health for $2.1B – Health M&A
What You Should Know:
- Today, One Medical (NASDAQ: ONEM) announced its intent to acquire Iora Health, a value-based primary care group for serving roughly 38,000 Medicare patients through digital health and 47 in-person medical offices in ten markets across the United States for about $2.1B in stock.
- Iora Health’s relationship-driven primary care model focuses on relationships to improve health outcomes and significantly lower costs than the traditional healthcare system.
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COVID-19: How Can Payers Prepare for Mandates and Support Pandemic Relief Efforts
Healthcare can achieve optimum efficiency when patients are at the center of care. When patients have the necessary information to navigate their care journey, they will choose the path to high-quality care at the lowest costs. Cost-sharing and insurance premiums are rising consistently since the last decade for employer plans, which covers nearly half of the country’s population. Plan members are shouldering a part of the healthcare cost burden, so they want to keep it as low as possible. At
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COVID-19 Pandemic Further Exposes Systemic Racism…
This will be ugly and sad. Racism has cost this country $16 trillion over the last twenty years according to a recent Citigroup report. Much of this loss ($13 trillion) was attributed to discriminatory lending practices and the 6.1 million fewer jobs created as a result, while disparity in wages ($2.7 trillion) and discrimination in housing policies and lost income due to restricted access to higher education accounted for the balance. The report estimates that if these gaps were to be
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CB Insights Unveils ‘Digital Health 150’ List of Startups Transforming Healthcare
- CB Insights unveils first-ever annual ‘Digital Health 150’ list of digital health startups working to transform the healthcare industry.
- The Digital Health 150 companies span a wide spectrum of categories that involve all three key stakeholder groups for the healthcare industry — providers, payers, and patients.
- A total of 17 companies on the list are unicorns (private companies valued at $1B+). Of these, 12 companies are US-based, 3 are based in China, 1 is based in France, and 1
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Health Tech VC Firm Flare Capital Partners Closes $255M Fund
Healthcare technology venture capital firm, Flare Capital Partners, today announced the closing of its second fund, Flare Capital Partners II, L.P., with a total of $255 million in committed capital. The oversubscribed fundraise follows up its inaugural fund, which was raised in April 2015, and establishes Fund II as one of the largest, independent, dedicated healthcare technology venture capital investment funds. Evolving Healthcare Industry Demands Innovative Business ModelsThe U.S. healthcare
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Why 2018 May Have Been A High-Water Mark for Digital Health Funding
Notwithstanding the quite significant stock market turmoil for publicly traded healthcare companies in recent months, the level of private investment activity continued to be quite strong this past quarter. According to Rock Health, 1Q19 registered just under $1.0 billion of investments made in 61 healthcare technology companies, which while below the trailing two year quarterly average of $1.4 billion, still suggests an annual investment pace running toward $4.0 billion. StartUp Health, which
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Iora Health Lands $100M for Relationship-Driven Primary Care Model
Iora Health, a Boston, MA-based value-based primary care provider focused on Medicare has raised $100 million in Series E funding from global investors including .406 Ventures, Devonshire Investors, F-Prime Capital, Flare Capital Partners, GE Ventures, Humana, Khosla Ventures, Polaris Partners and Temasek. The company plans to utilize the funding to expand operations and invest further development of its proprietary collaborative care IT platform, Chirp that enables Iora's teams to care for
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Iora Health Nabs $75M to Expand Relationship-Driven Primary Care Clinics
Iora Health, a Boston, MA-based health system that aims to deliver relationship based primary care, raised $75 million in Series D funding led by Singapore-based Temasek. The Series D round also included participation from from existing investors .406 Ventures, Flare Capital Partners, F-Prime Capital, GE Ventures, Khosla Ventures, Polaris Partners, and Rice Management Company. The company plans to utilize the funding to expand into new markets and invest further development of its proprietary
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