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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Kaiser Permanente
IntelyCare Secures $115M for Intelligent Nurse Staffing Platform at $1.1B Valuation
What You Should Know: – IntelyCare, a leading intelligent workforce management solution for post-acute facilities raises $115M to solve the nationwide nurse shortage. – IntelyCare plans to build on this momentum by using the new funding to expand its footprint to new states and invest heavily in its AI-based platform and data science technology. IntelyCare, a Quincy, MA-based tech-enabled nurse staffing platform for healthcare organizations announced it has secured $115M in a Series C
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AlohaCare, Kaiser Permanente to Launch First Social Care Network in Hawaii
What You Should Know: - Unite Us, the enterprise tech company providing digital infrastructure to create efficient ecosystems of care, today announced a partnership with Kaiser Permanente and AlohaCare, a nonprofit health plan in Hawaii, to implement the first-ever coordinated care network throughout the state of Hawaii. - As social services like food, employment, and housing continue to be strained due to COVID-19, Unite Hawaii network will bridge the care gap statewide for individuals in
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Q1 2021 Health IT/Digital Health PC/VE, M&A, IPOs/ SPACs Activity
The first quarter of 2021 has been one of investor optimism as the vaccine rollout continues ahead of expectations and economic activity begins to accelerate in response. Within the Health IT industry, the already strong investment and M&A trends seen in 2020 have only accelerated. Over the course of the quarter, we observed $7 billion in private equity and venture capital investment across 158 companies. By comparison, Q1 of 2020 saw $3.2 billion and 127 investments. Health IT
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Kaiser Names Diane Come New Chief Technology Officer
What You Should Know: - Kaiser Permanente announced today that Diane Comer has been named the new chief information technology officer. - In this role, she will lead Kaiser Permanente’s focus on developing and delivering innovative, strategic initiatives that improve the employee and consumer experience, and on continuing the organization’s efforts to deliver advanced, digitally-enabled tools to transform health care. - Comer, who has served as interim chief information officer since
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Evidation Health Nabs $153M to Expand Virtual Health Programs
What You Should Know: - Evidation Health announced it has raised $153 million in Series E funding co-led by OMERS Growth Equity and Kaiser Permanente Group Trust. Existing investors including McKesson Ventures and B Capital also joined. - Founded in 2012, Evidation measures health in everyday life and enables anyone to participate in ground-breaking research and health programs. - Evidation, which works with nine of the 10 largest global biopharma companies, already delivers research
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Unite Us Nabs $150M, Reaching $1.6B Valuation to Address Social Determinants of Health
What You Should Know: - Unite Us, the tech company creating coordinated care networks nationwide, has just announced a $150M Series C round of funding led by ICONIQ Capital, bringing its valuation at $1.65 billion. - Unite Us is leading the care transformation movement towards whole-person health with its core product, Unite Us Platform, an outcome-focused coordination software sconnecting community-based organizations with health care providers, health plans,
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Kaiser Inks Multi-Year Agreement with Accenture, Microsoft for Cloud Transition
What You Should Know: - Kaiser Permanente signs a multi-year strategic agreement with Accenture and Microsoft to support the healthcare provider’s transition to the cloud environment. - The partnership enables stronger cloud computational power and data insights readily available to care teams, so Kaiser’s members—and patients—will benefit from more timely and personalized healthcare. Kaiser Permanente today announced a multi-year agreement with Microsoft and Accenture to leverage
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Recent Executive Hires: CVS Health New President, Cleveland Clinic/Amwell Joint Venture Leadership, Others
CVS Health Corporation names Neela Montgomery Executive Vice President and President of CVS Pharmacy/Retail, effective November 30, 2020. Montgomery will oversee the company's 10,000 pharmacies across the United States. Montgomery, currently a Board Partner at venture capital firm Greycroft, most recently served as chief executive officer of furniture retailer Crate & Barrel and has nearly 20 years of global retail experience. The Cleveland Clinic and Amwell joint venture appoint
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Anthem Expands Relationship with doc.ai to Power Digital Health Offerings
What You Should Know: - Anthem extends the use of doc.ai's platform and portfolio of privacy-first technologies and artificial intelligence software services to drive the personalization of Anthem’s digital assets and create improved value for users. - doc.ai’s product offerings are deployed on its cloud-agnostic and zero-trust infrastructure that lets clients like Anthem launch products faster and at lower costs. Anthem, today announced it is extending its partnership with doc.ai,
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