What You Should Know:
- Violet, the first-ever cultural competence credentialing, upskilling, and care coordination platform for clinicians, released today a new clinical research report showing the validity of a framework for standardizing and measuring cultural competence in clinicians.
- The framework was piloted with payors and providers, and garnered a 90% retention rate over industry standards of care. Developed by two academic researchers at Violet, the report explains the need
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Mental Health
Femtech Market to Reach $22B by 2028
What You Should Know:
- The global femtech market size is expected to grow from $12.65 billion in 2022 to $22.29 billion by 2028, with an estimated CAGR of 9.9% from 2022 to 2028, according to the latest Insight Partners report.
- The report reveals that the global femtech market growth is driven by increasing demand for medical devices used in the female health industry and growing demand for technologically advanced femtech products.
Femtech Market Drivers
The Femtech market
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NeuroFlow Secures $25M for Behavioral Health Integration Platform
What You Should Know:
- NeuroFlow, the market leader in behavioral health integration technology, has secured $25 million in growth capital, led by SEMCAP Health.
- With SEMCAP Health as a new strategic partner and investor, the company will continue to expand its groundbreaking referral network and deepen its relationships with payors and providers, determined to identify and triage individuals with behavioral health needs across the spectrum of care
Accelerating
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Why It’s Time for Healthcare Organizations to Start Treating Patients Like Consumers
When the pandemic disrupted routine procedures and primary care across healthcare, many care delivery organizations believed patients would eventually return to in-person care as they always have once the pandemic was over and restrictions were lifted. Pent-up patient demand for non-emergency, preventative services–everything from cancer screenings to mental health support to birth control to smoking cessation–would eventually draw patients back into the healthcare system. Patients with common
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Brave Health Raises $40M for Medicaid Virtual Health Platform
What You Should Know:
- Brave Health, a virtual mental health provider and engagement platform focused on serving Medicaid populations raises $40M in Series C funding round led by Town Hall Ventures, with existing investors Union Square Ventures, City Light Capital and others joining as well. The company has raised a total of $60M to date, and this most recent funding will support their continued expansion into value-based care arrangements and into new and existing markets.
- Brave
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U.S. Health Care Price Index: Telehealth Prices Down; Mental Health Up
What You Should Know:
- The latest U.S. Health Care Price Index (USHPI), the first national resource to publicly document the price of cash-pay medical care in America, reveals that national average prices for everyday healthcare services decreased in August and September, in the face of record inflation.
- The USHPI features pricing data for routine medical services in all 50 states – from primary care and mental health to women’s health and more - with additional prices and specialties
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SDoH: The Power of Proactive Social Care
As we emerge from a public health crisis that magnified and exacerbated health disparities, the need to address social determinants of health (SDOH) has reached a pivotal moment. In both social and healthcare, the pressure is mounting to address key drivers of health and amplify value-based care models.
To succeed, these models need to be effective and measurable as we work to build trust with all stakeholders (e.g., at-risk individuals, health plan members, community
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Rippl Launches with $35M to Transform Mental Health for Seniors
What You Should Know:
- Rippl, a new mental health startup focused on caring for seniors with dementia and other neurocognitive conditions, launched today with $32M in seed round funding led by ARCH Venture Partners and General Catalyst. The round also includes investment from GV, F-Prime Capital, and Mass General Brigham Ventures.
- Rippl will use its seed funding to hire and train a team of clinicians, build technology, and open a Washington state-based clinical support center to launch
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BrightInsight Adds Xealth, Woebot Health and Claritas Rx to the BrightInsight Ecosystem
- BrightInsight, Inc., a global platform for biopharma and medtech regulated digital health solutions, recently announced the expansion of its recently launched BrightInsight Ecosystem, a network of the world’s leading healthcare and technology companies collaborating to solve healthcare’s biggest challenges to drive digital innovation, adoption and engagement.
- In addition, BrightInsight is proud to be a part of General Catalyst’s Health Assurance network—comprised of healthcare technology
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New athenahealth Research Finds that Telehealth Fills Care Gaps
What You Should Know:
- Increased usage of telehealth, driven by COVID-19, not only remains substantially above pre-pandemic levels but has also emerged as both a key diagnostic tool and treatment vehicle, according to new research from athenahealth.
- The findings, announced today by athenahealth, a leading provider of network-enabled software and services for medical groups and health systems nationwide, suggest that telehealth is now integrated across the care continuum. The findings
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