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Optum

KLAS: State of Value-Based Care Consulting In A High-Performing Market

by Fred Pennic 12/26/2019 Leave a Comment

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?

by Doug Williams, Chief Operating Officer at HMS 11/06/2019 Leave a Comment

How AI is making unnecessary testing a thing of the past

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 excessive. There are certainly moments when overutilization of
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Optum Acquires Remote Patient Monitoring Company Vivify Health

by Fred Pennic 11/01/2019 Leave a Comment

UnitedHealth’s Optum Division 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

by Richard Rupp, SVP of Product at Modio Health 09/30/2019 Leave a Comment

FDA Approves Blockchain/IoT Pilot to Track Specialty Prescription Drugs Across 3 States Blockchain in Healthcare_Next Stop for Data-driven Healthcare: Blockchain

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

by Fred Pennic 09/17/2019 Leave a Comment

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

by Fred Pennic 07/18/2019 Leave a Comment

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

by Fred Pennic 06/21/2019 Leave a Comment

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

by Fred Pennic 05/29/2019 Leave a Comment

Talkspace $50M Telebehavioral Health Startup

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

by Jasmine Pennic 05/09/2019 Leave a Comment

UnitedHealth Launches New Bundled Payment Program for Maternity Care

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 healthy, full-term pregnancies, supporting moms’ and babies’ health and reducing risks of complications before and after delivery. Bundled Payment Method The
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LetsGetChecked Lands $30M for Regulated At-Home Medical Testing Platform

by Jasmine Pennic 05/08/2019 Leave a Comment

LetsGetChecked Lands $30M for Regulated At-Home Medical Testing Kit

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 in 2014, LetsGetChecked is a medical technology platform linking customers to regulated laboratory testing to better manage and control their health. The
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