What You Should Know:
- Somatus raises $64M in Series C funding led by Longitudinal
Capital to fuel the expansion of its value-based kidney care model.
- Somatus will use the funding to continue to scale its
model nationally and invest in technology and product development to better
support patients and health plan partners.
Somatus, a McLean, VA-based provider of value-based kidney care, today announced it has completed a Series C funding round of $64 million led by Longitude
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4 Ways Healthcare Leaders Can Use Data & Analytics to Prevent, Predict and Prepare for a Pandemic
Laura Craft, Vice President, Analyst at Gartner
COVID-19 has put a laser focus on how data and analytics are powerful tools for healthcare leaders to predict, prepare, and respond in a proactive and coordinated manner to a global health crisis. Throughout the pandemic, data has been used to document the spread of the virus, project the curve, and more.
Responses and actions to mitigate viral spread hinge on real-time data collection, governance, and analysis for instant decision making.
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AbleTo Unveils Integrated Suite of Mental Health Solutions for Payers
What You Should Know:
- AbleTo, a provider of virtual mental health
services unveils an expanded suite of mental health solutions for payers to
address growing needs across America.
- The new solution set was specifically engineered
to establish an elevated standard of teletherapy through a combined approach
that is highly personalized, data-driven, and evidence-based.
AbleTo, Inc., a
leading provider of virtual mental health services proven to improve clinical
outcomes and lower
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Kaia Health Lands $26M to Expand AI-Driven Digital Therapeutics for MSK Conditions & COPD
What You Should Know:
- Digital therapeutics company Kaia Health raises $26M in
Series B funding to help grow its digital therapy solutions for musculoskeletal
(MSK) conditions, and expand into new conditions.
- The investment was led by Optum Ventures, Idinvest and
capital300, plus participation from Balderton Capital, Heartcore Capital and
Symphony Ventures, an investment partnership with world #1 golfer Rory McIlroy.
- Kaia Health’s smartphone-based
approach to managing chronic
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Predictive Analytics: Preventing the Aftershocks from COVID-19
Right now, the world’s attention is focused on COVID-19. This is most appropriate as it has hit the world like a global earthquake, disrupting lives on an unprecedented scale.
However, there will come a day when the immediate danger has passed. At that point, it’s very likely that the healthcare system will begin to feel the significant aftershocks of COVID-19 in the form of neglected chronic condition management throughout the pandemic.
The Centers for Disease Control
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Walmart Acquires Medication Management Platform CareZone for $200M to Enhance Digital Health & Wellness Capabilities
What You Should Know:
- Walmart acquires app-based patient medication management
platform CareZone for reportedly $200M to enhance its digital health and
wellness capabilities.
- CareZone’s technology and team members will join
Walmart to augment their current Health & Wellness capabilities and support
its focus on digital health care solutions. CareZone will remain a separate
company unrelated to Walmart.
Walmart announced
it has acquired
CareZone, a San Francisco,
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CareAcademy Lands $9.5M for Online Training Platform for Senior Care
What You Should Know:
- CareAcademy raises $9.5 million in Series A funding to expand its online training platform for senior care professionals to deliver the highest caliber of service and improve the lives of older adults.
- Series A round signals massive market opportunity as CareAcademy seizes a greater share of online caregiver training; brings total company funding to more than $13 million.
CareAcademy, a Boston, MA-based home care & home health workforce empowerment
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The New Normal: Rethinking Healthcare Delivery in a Post-COVID World
Mansoor Khan, Sc.D., co-founder and CEO of Persivia
It’s becoming clearer that, while we are all hoping that things are going to go back to the way things were at the beginning of the year, the COVID-19 crisis will result in a new normal. That’s especially true in healthcare, due to four issues that are being wildly amplified by the COVID-19 crisis. Namely:
1. The US government has huge deficits, and healthcare is a major driver of the unsustainable increase in these deficits.
2.
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Novant Health Launches Nation’s First Emergency Drone Operation for COVID-19 Pandemic Response
Source: Novant Health
What You Should Know:
- North Carolina-based health system Novant Health
launches the nation’s first emergency drone logistics operation by a hospital
for its COVID-19 pandemic response.
- The operation provides contactless distribution of
personal protective equipment and critical medical supplies to Novant Health
frontline medical teams in the Charlotte metro area.
- The FAA approved the pandemic response operation
through Part 107 waivers granted to Novant
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Israel Aerospace Develops AI-Based Model to Predict Progression of COVID-19 Patients
What You Should Know:
- Israel Aerospace Industries (IAI) scientists develop an AI-based model to predict the progression of COVID-19 patients using information from the Sheba Medical Center’s cloud database, harnesses advanced AI, big data, and machine learning technologies.
- The predictive capabilities of the model can alert
medical staff on the deterioration of the patient’s condition, thus enhancing
patient care and flagging the cases with higher chances of medical
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