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Medicare Insurance| Regulatory, Policy, Patients Analysis, Insights - HIT Consultant

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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XRHealth Secures $10M to Expand Virtual Reality Treatment in the Metaverse

by Fred Pennic 02/28/2022 Leave a Comment

XRHealth Launches Virtual Reality Telehealth Clinic in Israel

What You Should Know: - XRHealth, the gateway to the healthcare metaverse,  announced today that they raised $10M in funding to expand virtual healthcare treatment in the Metaverse. The funding was backed by HTC, Bridges Israel impact investment fund, AARP, and crowdfunding on StartEngine.com and existing investors. - XRHealth’s platform is FDA and CE registered and provides an immersive experience for users, transporting them to a virtual world for comprehensive
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Story Health Secures $22.6M for AI-Driven Virtual Specialty Care Platform Across Cardiology

by Fred Pennic 02/24/2022 Leave a Comment

Story Health Secures $22.6M for AI-Driven Virtual Specialty Care Platform Across Cardiology

What You Should Know: - Story Health, a health technology and services company that extends specialty care into patient’s homes raises $22.6M in Series A funding co-led by Northpond Ventures and B Capital Group. The round also included participation from new investor LRVHealth and existing investors Define Ventures and General Catalyst, bringing the company’s total funding to approximately $27M. - The Story Health platform empowers specialists through intelligent embedded clinical software
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NourishedRx Raises $6M to Accelerate Intelligent Food-for-Health Platform

by Jasmine Pennic 02/16/2022 Leave a Comment

NourishedRx Raises $6M to Accelerate Intelligent Food-for-Health Platform

What You Should Know: - NourishedRx, a digital health company raises $6M in seed funding led by S2G Ventures with additional investors Route 66 Ventures, Connecticut Innovations, Primetime Partners, and other individual investors. - The company will utilize the funding to expand its high-tech, a high-touch platform to provide personalized, culturally relevant food solutions to health plan members nationwide. Personalized Nutrition Founded in 2019, with the support of the Mailman
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Leveraging A More Impactful Analytics Strategy to Improve Your Health Plan Member CX

by Suzanne Cogan, General Manager, SPH Analytics, a Press Ganey Solution 02/16/2022 Leave a Comment

Suzanne Cogan, General Manager, SPH Analytics, a Press Ganey Solution

Healthcare organizations are increasingly eager to leverage analytics technologies, including machine learning and artificial intelligence (AI), in new ways. One telling sign of this is that the global predictive analytics healthcare market, which was valued at $1.8 billion in 2017, is projected to reach more than $8.5 billion by 2025.  But as technology evolves, it’s clear that the types and use of analytics platforms that can drive change among health plans — as well as the breadth of
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RecoveryOne, Cigna Offers Virtual Physical Therapy for Medicare Advantage Customers

by Fred Pennic 01/24/2022 Leave a Comment

RecoveryOne, Cigna Offers Virtual Physical Therapy for Medicare Advantage for Seniors

What You Should Know: - RecoveryOne, a digital health innovator dedicated to improving health outcomes for recovery from musculoskeletal (MSK) injuries of all types and reducing costs, announced an expansion of its partnership with Cigna to offer its virtual physical therapy and broad MSK solution for Medicare Advantage (MA) customers as an in-network benefit.  - This new benefit builds on the partnership between Cigna and RecoveryOne announced
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3 Trends Impacting the Financial Health of Patients and Providers in 2022

by Srulik Dvorsky, CEO and Co-founder, TailorMed 01/21/2022 Leave a Comment

3 Trends Impacting the Financial Health of Patients and Providers in 2022

It's an unfortunate reality of our times: Healthcare in the United States has become increasingly unaffordable, challenging patients, providers, and pharmacies alike. One in 5 adults reported they can’t afford quality care. Uncompensated care hovers around $40B annually. The COVID-19 pandemic continues to strain the resources of our healthcare system. What lies ahead?  Against a backdrop of growing financial burden, these three trends tell the story of where healthcare affordability is
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Endear Health Raises $4M for Payor Member Experience Platform for Medicare Advantage Plans

by Jasmine Pennic 01/10/2022 Leave a Comment

Endear Health Raises $4M for Payor Member Experience Platform for Medicare Advantage Plans

What You Should Know: - Endear Health, a San Francisco, CA-based digital engagement platform built for the rapidly evolving value-based landscape, has successfully closed an oversubscribed $4M seed funding round led by 8VC with participation by GreatPoint Ventures and additional Angel Investors. - Endear Health concurrently announced the appointment of Dr. Robert Mirsky to its Advisory Board to provide guidance as Endear Health expands to additional health plans and provider groups around
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Zing Health Secures $25M to Accelerate SDOH-Driven Medicare Advantage Plans

by Fred Pennic 12/20/2021 Leave a Comment

Health2047 Spins Out Zing Health to Offer SDOH-Driven Medicare Advantage Plans

What You Should Know: - Medicare Advantage provider Zing Health raises $25M from Town Hall Ventures and Leavitt Equity Partners, two leading investors focused on growing innovative healthcare businesses. Zing Health Holdings, a Chicago-based physician-led Medicare Advantage insurance company focused on serving vulnerable populations underserved by traditional insurance models, today announced that Town Hall Ventures and Leavitt Equity Partners, two leading investors focused on
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