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The COVID-19 Data Challenges Facing Payers

by Dr. Chris Hobson, Chief Medical Officer, Orion Health 09/24/2020 Leave a Comment

The COVID-19 Data Challenges Facing Payers

Both payers and providers can benefit from the same or similar high-quality data and can work together to provide the best possible services to patients with COVID-19 while avoiding overloading the healthcare system. The key is to use combined payer, clinical, and social data plus technology such as telehealth and artificial intelligence (AI). Payer Perspective on COVID-19 The overriding concern for payers during the COVID-19 crisis is the need to support member health.  During an
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M&A: Anthem Reportedly in Negotiations to Acquire CareCentrix

by Jasmine Pennic 09/24/2020 Leave a Comment

M&A: Anthem Reportedly in Negotiations to Acquire CareCentrix

What You Should Know: - Health insurer Anthem is in late-stage negotiations to acquire home healthcare benefits manager CareCentrix, according to PE Hub. - PE Hub reports that customer concentration issues have been a factor in negotiations; however, the deal is far from certain. - Backed by growth private equity firm Summit Partners, East Hartford, CT-based CareCentrix provides specialty benefit management services to health plans, improving quality and reducing costs in several
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Ascensia Diabetes Care Partners With VisiQuate to Expand Beyond Blood Glucose Monitoring

by Jasmine Pennic 09/23/2020 Leave a Comment

Ascensia Diabetes Care Partners With VisiQuate to Expand Beyond Blood Glucose Monitoring

What You Should Know: - Ascensia Diabetes Care and VisiQuate announced a partnership to expand beyond blood glucose monitoring and provide holistic diabetes management solutions. - The overall solution will provide integration with Ascensia’s existing devices and digital diabetes solutions to enable it to capture data from patients who have consented to provide their information. Ascensia Diabetes Care, a Santa Rosa, CA-based provider of blood glucose monitoring systems
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Backed by Kaiser, Osso VR Raises $14M for VR Surgical Training Platform

by Jasmine Pennic 09/21/2020 Leave a Comment

Led by Kaiser, Osso VR Raises $14M for VR Surgical Training Platform

What You Should Know: - Osso VR raises $14M in Series A funding led by Kaiser Permanente Ventures (KPV) to expand its virtual reality (VR) surgical training platform. - Using immersive VR technology, Osso VR’s scalable platform offers a realistic, hands-on training environment that leads to real-world performance gains and ultimately improved patient outcomes. Osso VR, a Palo Alto, CA-based validated Virtual Reality (VR) surgical training platform, today announced it has raised $14M
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Hannover Re Taps Neurotrack to Offer Digital Brain Health Assessments

by Jasmine Pennic 09/21/2020 Leave a Comment

Hannover Re Taps Neurotrack to Offer Digital Brain Health Assessments

What You Should Know: - Neurotrack today shows how life insurers are now taking brain health seriously, as Hannover Re, one of the world's largest reinsurers, becomes one of the first life insurance companies to offer digital brain health assessments. - The partnership between Neurotrack and Hannover Re US is the first of its kind in the United States, following Neurotrack’s successful rollout with Japanese life insurers SOMPO Himawari Life and Dai-ichi Life, which offer Neurotrack’s
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Corindus Vascular Robotics CEO Departure, UPMC Enterprises’ New President, Nordic Consulting’s New CIO, Other Health IT Hires

by Fred Pennic 09/18/2020 Leave a Comment

Tele-Treatment: How We Close the Gap in Access to Care

Mark Toland, CEO of Corindus Vascular Robotics (acquired by Siemens for $1.1B last year), has announced his departure and will be joining BioStar Capital, a health-tech venture capital group focused on cardiovascular and orthopedic medical devices. As a partner and entrepreneur in residence, Mark will help to identify and develop innovative companies leveraging AI, deep learning, robotics, and other transformative technologies that address a wide range of unmet needs. The BioStar team has
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Amazon Alexa, Sharecare Integrate to Answer More than 80k Health & Wellness Questions

by Fred Pennic 09/17/2020 Leave a Comment

Amazon Alexa Devices Can Now Answer Medication-Related Questions

What You Should Know: - Sharecare integrates with Amazon Alexa’s voice service to answer more than 80,000 health and wellness questions. - And now, when Alexa responds to customers’ questions about health topics, Sharecare is among the roster of trusted health information sources to which the voice service attributes answers.  Sharecare, the digital health company that helps people manage all their health in one place through its comprehensive and data-driven virtual heath
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ApolloMD Partners with Cedar to Implement Optimized Online Patient Billing Experience

by Jasmine Pennic 09/17/2020 Leave a Comment

ApolloMD Partners with Cedar to Implement Optimized Online Patient Billing Experience

What You Should Know: - ApolloMD, a multispecialty clinical services provider for hospitals and health systems partners with patient engagement and financial technology platform Cedar to enabled an improved online billing experience for patients. - With Cedar, ApolloMD can now provide a digital billing experience built for patients, leading to better engagement. ApolloMD, a multispecialty clinical services provider for hospitals and health systems, and Cedar, a leading
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Ready Raises $54M to Become The Uber of On-Demand Healthcare Services

by Jasmine Pennic 09/16/2020 Leave a Comment

Ready Raises $54M to Become the Uber of On-Demand Healthcare Services

What You Should Know: - Ready, a company described as the “Uber” of on-demand health service, just raised $54 million in its Series C funding round. - Ready’s on-demand care model is evolving the healthcare industry with customer service and mobility, just like Uber did for ride sharing and Postmates for food delivery. Ready, an New Orleans, LA-based on-demand healthcare service, today announced that it closed $54 million of new funding to finance the expansion of its operations and
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M&A: Provation Acquires Perioperative Care Coordination Platform ePreop

by Fred Pennic 09/16/2020 Leave a Comment

Provation Acquires Perioperative Care Coordination Platform ePreop

What You Should Know: - Provation announces the acquisition of ePreop, a comprehensive perioperative care coordination, and quality reporting solutions for an undisclosed sum. - Acquisition creates a comprehensive clinical productivity SaaS platform, streamlining workflows, and documentation from patient intake and pre-op through recovery and follow-up. Provation, a software provider of procedure documentation and clinical decision support solutions, backed by Clearlake Capital
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