What You Should Know:
- Monogram Health, a Nashville, TN-based kidney disease benefit management and care delivery company announced a $375M growth funding round that will drive the company’s continued rapid expansion as the leading solution for high-quality, in-home care for polychronic patients living with chronic kidney and end-stage renal disease in the U.S.
- Investors in the round include CVS Health, Cigna, Humana, Memorial Hermann Health System, SCAN, TPG Capital, Frist Cressey
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Backed by CVS Health, Array Behavioral Care Raises $25M for Virtual Psychiatry/Therapy
What You Should Know:
- Array Behavioral Care, the nation’s leading virtual psychiatry and therapy practice, announced today the closing of its latest $25M equity round to further scale modern behavioral healthcare across the continuum, with CVS Health leading the round. Existing investors also joined the round and contributed additional capital.
- The financing builds upon a long history between Array and CVS Health and opens doors to new levels of collaboration to expand access to
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Franciscan Health to Deploy Innovaccer Health Cloud to Eliminate “Data Islands”
What You Should Know:
Today Innovaccer, Inc., the Health Cloud company, announced that Franciscan Health, a 12-hospital system with facilities in Indiana and Illinois, is deploying Innovaccer® Health Cloud to enhance risk-based contract performance and to launch a next-generation experience platform to deliver sophisticated customer and patient relationship management strategies.
- Franciscan Health plans to leverage Innovaccer Health Cloud’s Data Activation Platform to integrate
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Real-World Data Startup Crescendo Health Launches with $3.2M
What You Should Know:
- Crescendo Health, a real-world data startup that's drastically reshaping how clinical researchers get access to hard-to-reach patient data to support their clinical research today officially announced its launch with $3.4M in seed funding from Define Ventures as well as the founders and CEOs of many other well-known organizations.
- Founded by the co-founder of Datavant (merged with Ciox in a $7 billion deal), and a top product-management leader from Grand
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Why We Need Deflection to Reduce Overdose Deaths (and Drug Diversion) in 2023
The United States is still reeling from a devastating opioid epidemic. The Centers for Disease Control and Prevention (CDC) report that death from drug overdoses reached just under 108,000 between 2020 and 2021. That is enough to fill over four professional baseball stadiums.
This staggering number of overdose deaths is due to many factors, including the sale of counterfeit medications and illegal drugs that often contain deadly doses of illicitly manufactured fentanyl and other
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Hint Connect Expands Direct Primary Care Network in Colorado with Nextera Healthcare
What You Should Know:
- Hint Health, the company powering the direct primary care (DPC) movement, today announced a partnership between Nextera Healthcare, Colorado’s first DPC provider and one of the fastest-growing DPC organizations in the U.S., and the company’s DPC network, Hint Connect.
- The partnership will allow Nextera Healthcare to more easily support large employers and health plans across the country while deepening Hint Connect’s network in Colorado, one of the strongest
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7 Buy-Side Considerations for Healthcare M&A in 2023
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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Midsize/Large Practice Management 2022: Which Vendors Stand Out in an Established Market?
What You Should Know:
- Most practice management (PM) solutions have a long tenure in the market, yet not all vendors successfully meet practices’ needs—which include strong technology and a vendor who acts as a partner in customer success. Historically, KLAS has split PM data by midsize (11–75 physicians) and large practices (76+ physicians); however, independent practices (clinics not owned by a hospital/health system) and owned practices (clinics owned by a hospital/health system) also
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Why Speech Therapy is an Effective Treatment to Counter the Health Challenge of Social Determinants of Health (SDoH)
Over recent years, the virtual speech therapy delivery model has intersected with a host of healthcare disruptions -- value-based care delivery, the COVID-19 pandemic and the influence of social determinants of health (SDoH) have reshaped healthcare delivery. There has been a seismic move away from a provider-centric delivery model to a patient-centric model. This innovation has been made much easier with the ever-present catalyst of technology and its increased patient acceptance.
Speech
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Real-World Study Uses AI to Identify Undiagnosed Dementia in Primary Care
What You Should Know:
- Rising to meet the formidable challenge of the timely diagnosis of dementia, research scientists from Regenstrief Institute, IUPUI and the medical schools of Indiana University and the University of Miami are conducting the Digital Detection of Dementia study, a real-world evaluation of the use of an artificial intelligence (AI) tool they developed for early identification of Alzheimer’s disease and related dementias in primary care, the setting where most adults
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