The shift to value-based care and an abundance of cash in the market are some of the drivers impacting healthcare mergers and acquisitions. These and other trends have been strong over the past few months and are expected to continue, impacting transaction planning for buyers.
If you are considering acquiring a healthcare business in 2023, here are seven things you need to know.
1. Value-based care is becoming a key driver in healthcare M&A
Value-based care
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Medicare Insurance| Regulatory, Policy, Patients Analysis, Insights - HIT Consultant
Teleradiology Market Primed to Hit $3.7Bn by 2026 – What’s Driving the Surge in Demand?
4.7bn diagnostic imaging procedures were performed globally in 2021, representing a strong recovery over 2020. Healthy demand for teleradiology services resulted in the global penetration of teleradiology reads into diagnostic imaging procedures bouncing back to 1.9%, and the overall teleradiology reading services and IT market revenue elevating past its pre-pandemic level to USD $1.7bn. With a projection for the market to reach USD $3.7bn in 2026, here I explore five drivers fueling this period
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Backed by Major Health Plans, Carallel Raises $8.2M for Personalized Caregiver Support
What You Should Know:
- Carallel, a Chicago, IL-based provider of human-centered guidance and digital tools for family caregivers raises a $8.2M Series A funding round led by FCA Venture Partners, with participation from prominent regional payers including 450 Ventures, as well as Create Health Ventures, Gratitude Railroad, Loud Capital, and Wanxiang Healthcare Investments.
- Carallel uses expert guidance and digital tools to identify and empower caregivers so they can confidently
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To Truly Address Behavioral Health Worker Shortages, We Need Telemedicine
In late September, the Senate Finance Committee released a bipartisan discussion draft bill that aims to address the nation’s crippling behavioral healthcare crisis by providing funding for 4,000 Medicare Graduate Medical Education psychiatry residencies over the next decade.
Four thousand more psychiatrists are certainly a step in the right direction, but there is still much work to be done in light of projections that we will be short between 14,280
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83% of Patients Provided Duplicate Health Info at a Doctor’s Office
What You Should Know:
- New data from Carta Healthcare shows 83% of patients have had to provide the same health information or duplicate health information at a doctor’s office. 42% of Americans spend six minutes or more recounting past medical history at their doctor’s appointments due to a lack of integrated data processes.
- This data reveals the direct impacts of inefficient data collection within the healthcare system on patients as doctors are spending too much time inputting
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3 Elements Required for Data Ecosystems to Drive Innovation
For years, the healthcare industry has been inundated with stories about the importance of sharing data among payers, providers, and other key stakeholders – and for a good reason; widespread interoperability of healthcare data has the potential to transform much of the industry for the better.
What's often not mentioned is how expensive, time-intensive, and potentially legally hazardous data-sharing is. Combining disparate data sets is a technically challenging undertaking that requires
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Serena Williams-Backed Juno Medical Raises $12M to Expand Tech-Enabled Healthcare Clinics
What You Should Know:
- Juno Medical, the modern doctor's office that's designed for the 99% raises $12M in Series A funding co-led by Julian Eison, Managing Partner at NEXT VENTURES, and Serena Williams, Managing Partner at Serena Ventures. Other notable participants include Vast Ventures, which led Juno’s seed round, Empire State Development’s New York Ventures, TXV Partners, Genius Guild, Gaingels, and previous investors Atento Capital and Humbition.
- Juno’s products and services are
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2022 Telemental Health Regulations Unlock Access and Evolve Compliance Practices
What You Should Know:
- Epstein Becker Green (EBG) recently released its 2022 updates to the Telemental Health Laws survey.
- The 2022 updates report a significant evolution of the telemental health and telehealth industries, including increased regulatory flexibilities that promote increased use of telehealth.
Insights and Trends from Telemental Health’s Survey
The Telemental Health Laws survey is authored by Amy Lerman and Audrey Davis, with support from Jenna Horowitz, Erin
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Elevance Health Launches AI-Driven Nutrition Tracker
What You Should Know:
- Elevance Health -- formerly Anthem, Inc. has announced the expansion of its Sydney Health application with the addition of a nutrition tracker function driven by artificial intelligence (AI). The new feature, called Nutrition Tracker, recognizes foods or an entire meal, providing virtual nutrition advice to improve affiliated health plan members’ overall health and well-being.
- Using smartphone cameras and typing-free nutrition tracking, affiliated health plan
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UpStream Raises $140M to Expand Value-Based Care Model Nationwide
What You Should Know:
- Value-based care provider UpStream raises $140M in Series B funding co-led by Coatue and Dragoneer with additional participation from other top healthcare and technology investors, including Avidity Partners, Define Ventures and Mubadala. This round brings its total funding to nearly $185M to date.
- UpStream supports physicians operating under full-risk, value-based arrangements who are providing care to seniors on Medicare with an integrated platform that
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