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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Partners
CipherHealth Partners With SADA to Enable Better Patient Care w/ Enhanced SDOH Data
What You Should Know:
- Today, CipherHealth announced it has engaged SADA, a leading business and technology consultancy and award-winning Google Cloud Partner, to deploy Google Cloud’s Looker to collect socioeconomic data to improve patient care.
- CipherHealth previously had platform capabilities that provided healthcare providers with robust conversational and clinical data for each patient. They partnered with SADA, with expertise in deploying and configuring Google Cloud’s
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5 Things to Consider Before Implementing a CAPS System in 2023
Core administrative processing systems (CAPS) serve as the center of the healthcare payer architecture and are essential for efficient business operations. These systems are needed to support administrative and transactional processing and are a significant investment in technology. Selecting a CAPS system isn’t a single purchase, but rather an ongoing partnership that requires maintenance to ensure the system remains up to date to support industry and regulatory changes. Last year, 99% of
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Withings Unveils Mini At-Home Urine Analysis Platform for Clinical Trials & RPM
What You Should Know:
- During a press preview event at CES last night, Withings unveiled, U-Scan, a miniaturized urine health lab that will change the way people and health professionals will monitor vitals from the comfort and privacy of their own bathroom.
- U-Scan consists of a technologically advanced pebble-shaped urine analysis reader that sits within the toilet bowl. Its changeable cartridges are designed to assess specific biomarkers without the need for
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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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Security and Compliance Oversight Will Reduce Business Communication Risk for Healthcare in 2023
Cyber attacks on healthcare organizations are by no means just as simple as hackers going after healthcare data for the sake of obtaining critical data of patients, their families, or the organization's employees. A growing number of these attacks are executed by nation-states and other organized criminal organizations, which have the financial resources and the expertise to launch ever-more sophisticated and costly assaults against these organizations. Some of these attacks have been traced
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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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We’re Feeling the Effects of the Nursing Shortage. Health Tech Can Help
The healthcare industry is in desperate need of nurses — and fast. Chances are this isn't news to you. You've seen the countless headlines covering the impact the pandemic has had on nurses, and how that nursing shortage has impacted employment numbers, healthcare facilities, and patient care.
Nurses are burnt out. They're stressed, exhausted, and struggling to find adequate mental health support. But the pandemic isn't the only issue to blame. Experts are predicting that over 1 million RNs
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Merck Invests in Gesund, Launches Medical AI Platform on AWS
What You Should Know:
- Gesund, the company ensuring that medical artificial intelligence (AI) is safe and effective for all, today announced the securing of a strategic investment from Merck as well as a launch of a new commercial platform on Amazon Web Services Marketplace.
- While terms of the investment are not being disclosed, the news signals support for the company's approach as it launches a first of its kind commercial platform on Amazon Web Services Marketplace, immediately
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Backed by Major Health Plans, Carallel Raises $8.2M for Personalized Caregiver Support
What You Should Know:
- Carallel, a Chicago, IL-based provider of human-centered guidance and digital tools for family caregivers raises a $8.2M Series A funding round led by FCA Venture Partners, with participation from prominent regional payers including 450 Ventures, as well as Create Health Ventures, Gratitude Railroad, Loud Capital, and Wanxiang Healthcare Investments.
- Carallel uses expert guidance and digital tools to identify and empower caregivers so they can confidently
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