- Automated virtual reality therapy Oxford VR secures a record $12.5M investment to advance its real-world impact in behavioral health, and accelerate clinical leadership in the U.S.
- The investment will enable the next-level growth of pioneering immersive therapy for depression, anxiety, and other behavioral health conditions.
VR therapy pioneer Oxford VR announced today a landmark $12.5 million Series A funding round led by Optum Ventures and supported by Luminous Ventures. The
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HIMSS Names The 6 Most Influential Women in Health IT
HIMSS names
Iris P. Frye, Kim Garriott, Dr. Lucienne Ide, Eva Karp, RN-BC, Dr. Geeta Nayyar,
and Tressa Springmann as the most influential women in health IT.
This week, HIMSS announced its Most Influential Women in Health IT, an annual recognition celebrating women striving to harness the power of information technology to drive healthcare transformation. The award winners will be honored at HIMSS20 in Orlando next month and will join other innovators, leaders, and entrepreneurs at the
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Top 60 Health IT/Digital Health Mergers & Acquisitions in 2019
- From Google's acquisition of Fitbit to Philips acquisition of Carestream Health's health IT business, here is a look at some of the biggest health IT/digital health mergers & acquisitions in 2019 by each quarter.
Q1 M&A Activity
Johnson & Johnson Acquires Auris Health for $3.4B to Expand Digital Surgery Portfolio
Johnson & Johnson acquiresAuris Health, a developer of robotic technologies for $3.4 billion in cash. Auris Health is a privately-held developer of
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KLAS: State of Value-Based Care Consulting In A High-Performing Market
- Latest KLAS report examines nine firms that provide value-based care consulting services to explore the types of work these firms do (and for who), how consistently the firms perform across clients, the outcomes they deliver, and the factors that drive these outcomes.- KLAS identifies Deloitte, Lumeris, Navigant, PwC, Optum, Premier, Chartis Group, Health Catalyst, and Milliman are named top performers excelling within different scopes of engagement and recommended by their clients.
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Payment Integrity: Is AI The Real Answer to Reducing Overutilization?
Doug Williams, Chief Operating Officer at HMS
Some experts estimate that $200 billion is wasted each year on unnecessary or excessive medical testing and treatment. This could be up to 40% of the unnecessary spending in the system today.
Despite the extreme focus to reduce the total amount spent on healthcare, why does extensive spending on unnecessary or excessive tests or procedures continue? The easy answer is because it is often difficult to spot what is unnecessary or
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Optum Acquires Remote Patient Monitoring Company Vivify Health
- UnitedHealth Group’s Optum division has acquired remote patient monitoring company Vivify Health. - Vivify Health delivers a cloud-based, device-agnostic, and ecosystem-connected remote care management platform. - Terms of the deal were not disclosed and both companies decline to comment on the acquisition.UnitedHealthGroup’s Optum division has acquired Vivify Health, a Plano, TX-based remote patient monitoring platform, CNBC first reports. Remote Patient Monitoring (RPM) is an increasingly
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Can Blockchain Technology Fix Healthcare’s Problems? Not Even Close
Blockchain has been making big waves across healthcare, heralded as the technology that’s going to save healthcare.
The excitement is understandable. Just about every segment of healthcare is fragmented — almost to the point of dysfunction. What better way to bind it together than via a digital ledger that affords the ability to securely, privately, and comprehensively track health records? It’s compelling — and it seems healthcare is ready to move full speed ahead with blockchain.
Is
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Backed by Optum Ventures, Kaia Health Raises $8M for AI-Driven Digital Therapeutics for Back Pain & COPD
- Digital therapeutics startup Kaia Health raises $8M in funding led by Optum Ventures to support the accelerated execution of clinical trials required to demonstrate efficacy to the FDA.- Kaia Health utilizes multimodal therapy, which combines physical, psychological and educational elements to relieve back pain at home, without medication.- Optum’s investment in Kaia Health will consider use of Kaia Health’s digital therapeutic offerings for back pain and COPD with Optum and UnitedHealth
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John Muir Health to Outsource All Non-Clinical Operations to Optum
John Muir Health has announced a strategic partnership with UnitedHealth Group’s (UHG) division, Optum to outsource their key non-clinical functions, including information technology, revenue cycle management, analytics, purchasing and claims processing. Through Optum’s operational technologies, analytic solutions and tools, and administrative services expertise, the partnership will ensure John Muir Health further advance its clinical and operational performance. The outsourcing agreement will
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UnitedHealth to Acquire Payment Integrity Company Equian for $3.2B
UnitedHealth Group Inc. has agreed to acquire payment integrity provider Equian from its private-equity owner New Mountain Capital for about $3.2 billion, according to the Wall Street Journal report on Thursday evening.Equian delivers payment integrity solutions through proprietary content, enabling technology, and highly responsive customer service. The company analyzes over $500B in healthcare and insurance data to ensure payments are fair, accurate, and paid by the correct party—resulting in
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