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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Talkspace Nabs $50M to Expand Telebehavioral Health Platform
Talkspace, a telebehavioral health company providing online therapy has raised $50M in funding led by Revolution Growth. Existing investors Norwest Venture Partners, Qumra Capital, Spark Capital and Compound Ventures, amongst others, will also participate in the round. Patrick Conroy of Revolution Growth will join the Talkspace board of directors. Additionally, the company announced a new partnership with Optum Health, which will expand Talkspace services to cover 5 million lives.Transforming
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UnitedHealth Launches New Bundled Payment Program for Maternity Care
New bundled payment program has launched with care providers in New Jersey and Texas, with plans to expand to as many as 20 care provider groups by year-end 2019
UnitedHealthcare, a UnitedHealth Group, today introduced a new bundled payment program for maternity care to help support the well-being of moms and babies before and after delivery by closing gaps in care and encouraging healthy, full-term pregnancies. The new bundled payment program will help close gaps in care and encourage
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LetsGetChecked Lands $30M for Regulated At-Home Medical Testing Platform
Company scales direct-to-consumer at-home testing diagnostics and personal health services; expands platform development and supply logistics in the U.S.
LetsGetChecked, an NYC-based direct-to-consumer at-home health testing platform increasing access to laboratory and self-testing, today announced it has raised 30 million in Series B round led by LTP with participation from existing investors Optum Ventures and Qiming Venture Partners USA.
At Home Testing, For A Healthier You
Founded
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Diameter Health Raises $9.6M to Expand Clinical Data Integration Platform
Strategic Investment Made by Optum Ventures Will Support Product and Marketing for Clinical Data Integration Platform
Diameter
Health, a Farmington, CT-based provider of clinical data integration
solutions has raised $9.6 million in Series A funding led by Optum Ventures. Optum
Ventures joins existing Diameter Health investors Activate Venture Partners, Connecticut Innovations, Excelerate Health Ventures and LRV Health.
Brining Order to Complex Clinical
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