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What The Finance Industry Can Teach Healthcare About Digital Transformation

by Mike Serbinis, Co-Founder and CEO of League 03/28/2022 Leave a Comment

What The Finance Industry Can Teach Healthcare About Digital Transformation

The COVID-19 pandemic feels like a once-in-a-lifetime event for those of us involved in healthcare, but the patterns of how the crisis affected our industry feel familiar. Stop me if you have heard this before: incumbent players in a broad industry made very slow and fragmented technological advances for years with no real threat to their business. Then, a sudden and transformational event catapulted direct-to-consumer technologies, forcing the incumbents to fundamentally alter their business
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Cityblock Health Names Co-Founder Dr. Toyin Ajayi as CEO

by Digital Health Executive Appointments 03/22/2022 Leave a Comment

Cityblock Health Names Co-Founder Dr. Toyin Ajayi as CEO

What You Should Know: - Cityblock Health, a value-based healthcare provider for Medicaid, dually-eligible and lower-income Medicare beneficiaries appoints co-founder Dr. Toyin Ajayi to CEO. Co-founder Iyah Romm is stepping down as CEO but will continue serving as a member of the board. - Dr. Ajayi most recently served as president, where she oversaw the company's growth and clinical model. As CEO, Toyin will help lead the next stage of Cityblock’s growth and further its vision of an
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Recora Raises $20M for Virtual Cardiac Recovery Platform

by Digital Health Funding 03/21/2022 Leave a Comment

Recora Raises $20M for Virtual Cardiac Recovery Platform

What You Should Know: - Recora today emerged from stealth to announce $20M in Series A funding led by SignalFire with participation from Valor Equity Partners and existing investor Pear VC. - In addition, the company while also unveiled its Cardiac Recovery Program for health systems, medical groups and health plans. Redefining the Future of Heart Health Recora is redesigning heart health, beginning with cardiac recovery. Cardiac rehabilitation is indicated
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Report: Private Hospitals Overcharge NYC Government Over $2B Annually

by Jasmine Pennic 03/18/2022 Leave a Comment

What You Should Know: - The 32BJ Health Fund, a self-insured fund that provides care for 32BJ SEIU members and their dependents, today released a report that lays bare the stark price disparities between Medicare and private hospitals, and outlines solutions to both reins in prices and holds hospital systems accountable for these practices. - The report, titled, ‘Hospital Prices: Unsustainable and Unjustifiable’ found that hospital prices are dramatically rising, the main driver in the
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Rural Health Startup Homeward Emerges with $20M to Support Rural Communities

by Fred Pennic 03/10/2022 Leave a Comment

Rural Health Startup Homeward Emerges with $20M to Support Rural Communities

What You Should Know - Homeward, a new company focused on improving access to high-quality, affordable primary and specialty care in rural communities launches with an initial $20M investment. - The organization is rearchitecting care for rural Americans who have a 23% higher mortality rate than those in urban communities. Homeward – a San Francisco, CA-based mobile, in-person, and telehealth hybrid care model (with specialty and primary care providers) for people
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Aetion and Cognito Team Up for Predictive Modeling in Alzheimer’s

by Jasmine Pennic 03/08/2022 Leave a Comment

Aetion and Cognito Team Up for Predictive Modeling in Alzheimer’s

What You Should Know: - Aetion, real-world evidence (RWE) tech and analytics provider, and Cognito Therapeutics, a pioneer in neuromodulation therapeutics for neurodegenerative diseases like Alzheimer’s, are partnering to develop an AI-driven predictive model to help payers and providers identify patients with rapidly progressing mild cognitive impairment (MCI) and Alzheimer’s who may benefit from earlier treatment.  Impact of MCI & Alzheimer’s Disease There are approximately 13.5
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Why The End of the Public Health Emergency is Everyone’s Problem

by Heather Korbulic, Senior Policy and Strategy Lead, GetInsured 03/08/2022 Leave a Comment

The End of the Public Health Emergency is Everyone’s Problem

The COVID-19 pandemic led to sweeping healthcare policy changes that enable vulnerable Americans to receive affordable health coverage and access essential safety net benefits. The steep incline in unemployment and fears that millions of people would lose their health coverage drove the declaration of the national public health emergency (PHE) on January 31, 2020. Under the PHE, states must keep Medicaid enrollees continuously covered, irrespective of their circumstances.   With the PHE set
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Lynx Launches with $17.5M for API-Connected Healthcare Payments

by Fred Pennic 03/03/2022 Leave a Comment

Lynx Launches with $17.5M for API-Connected Healthcare Payments

What You Should Know: - Lynx, a Boston-based API-connected healthcare payments, banking, and e-commerce platform announced today that it has emerged from stealth with $17.5M in equity financing led by Obvious Ventures and .406 Ventures with participation from Frist Cressey Ventures. Other investors include Winter Street Ventures (an investment subsidiary of Commonwealth Care Alliance), Shields Capital, and Huntington Avenue Ventures. - Lynx’s goal is to introduce modern fintech to
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Why Medicaid Programs Need to Update Their Information Systems

by Brett Furst, President, HHS Technology Group 03/01/2022 Leave a Comment

Why Medicaid Programs Need to Update Their Information Systems

You don’t have to be a news junkie or political aficionado to know that state unemployment information systems massively failed during the COVID-19 pandemic at a time when they were most desperately needed. Overwhelmed by a rush of newly laid-off workers, websites crashed and timed out while phone lines were tied up for hours, leading to frustration and delays in benefits payments – harming local economies and imperiling American families.  In Ohio, unemployment overpayments reached
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Butterfly Launches System-Wide Ultrasound w/AI-Guided Option

by Jasmine Pennic 02/28/2022 Leave a Comment

Butterfly Launches System-Wide Ultrasound w/AI-Guided Option

What You Should Know: - Butterfly Network today launched Butterfly Blueprint, a system-wide platform that supports scaled deployment of ultrasound across hospitals and health systems. - Blueprint integrates ultrasound information into health systems’ clinical and administrative systems and workflows. That means clinicians across all disciplines now have a tool that allows them to see and know results sooner to drive better care
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