What You Should Know: - Ginger announces $50 Million in Series D funding to expand access to its on-demand mental healthcare system led by Advance Venture Partners and Bessemer Venture Partners; joined by Cigna Ventures and existing investors. - Company has more than tripled revenue over the past year, now brings access to on-demand mental healthcare to millions around the world through 200+ employer clients and leading health plans. Ginger, a San Francisco, CA-based provider of
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Partners
Cerner Invests in Xealth to Jointly Develop Digital Health Solutions for Clinicians
What You Should Know: - Cerner and Xealth announce a collaboration to foster tighter physician-patient relationships by giving patients easier access to digital health tools. - These assets will be prescribed directly within the physician’s EHR workflow to manage conditions including chronic diseases, behavioral health, maternity care, and surgery preparation. - Cerner and LRVHealth have together invested $6 million in Xealth as part of this agreement, with Cerner and Xealth planning
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Amwell Appoints Amazon Exec Serkan Kutan as Chief Technology Officer
Amwell, a national telehealth provider, announced today that Serkan Kutan has joined the company as Chief Technology Officer. As part of his new role as CTO, Serkan will lead building upon and further scaling Amwell’s national telehealth platform to serve the needs of hospitals and health systems, health plans, innovators, and patients. “Serkan’s experience in innovating, building and maturing transformative healthcare technologies will play a significant role as we scale Amwell to meet
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How Times of Crisis Spur Needed Change in Healthcare Delivery
As the COVID-19 pandemic continues to change healthcare operations in the world, foundational systems are being adapted to meet these new demands. Sometimes it takes extreme circumstances to see the cracks in a system. COVID-19 has exposed areas with more room for improvement in the healthcare system, such as optimizing operational efficiency. Organizations and individuals have changed their interactions, processes, ways of working, treatment plans, and even foundational technology. As the
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DAS Health Acquires Managed IT Services and CyberSecurity Company Technology Seed
- Both companies’ clients will gain an increased depth of IT and security support, and Technology Seed’s healthcare clients will now have a substantially improved value proposition DAS Health Ventures, Inc., a provider of health IT and management, announced today it completed the acquisition of Technology Seed, LLC, a managed IT and cybersecurity services company based in Salem, NH. This acquisition strengthens DAS’ position in the MSP sector and significantly advances its growth strategy to
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Lemonaid Health Raises $33M to Expand On-Demand Consumer Telehealth Platform
What You Should Know: - Lemonaid Health, a direct to consumer telehealth company raises $33M in Series B funding to expand the company’s medical team and number of services being offered to patients. - To date, the company has treated more than a million patients online for a variety of medical conditions ranging from erectile dysfunction to sinus infections to depression and anxiety for roughly $25/visit (less than a typical co-pay). Lemonaid Health, a convenient, affordable,
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Ciox Health Acquires Biomedical NLP Company Medal
What You Should Know: - Ciox Health has acquired Medal, Inc., a biomedical Natural Language Processing (biomed-NLP) technology company. - The acquisition will lead Ciox to better and more quickly enable real-world data in support of research that advances patient care. Ciox Health, a leading health technology company, today announced its acquisition of San Francisco-based biomedical Natural Language Processing (biomed-NLP) technology company, Medal, Inc., a leader in
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Sharecare Acquires WhiteHatAI to Enhance Healthcare Payment Integrity
What You Should Know: - Sharecare acquires WhiteHatAI to provide health plan and provider clients with additional capabilities to ensure healthcare payment integrity - WhiteHatAI’s ability to detect erroneous claims before they are paid will help Sharecare’s health plan partners reduce costs associated with FWA. - Sharecare will integrate WhiteHatAI’s capabilities to foster deeper engagement by enabling patients to both verify recent medical procedures and report
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Redox Adds Access to More Than 500k Carequality-Enabled Physicians
What You Should Know: - As a Carequality Implementer, Redox has added access to more than 500,000 Carequality-enabled physicians to its already extensive network. - Redox members can use the same patient search query to search all the participants in the Carequality framework as they would if they used a direct patient search API provided by an electronic health record (EHR) vendor. Redox Inc., the leading interoperability platform for healthcare data exchange, today announced that
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Call to Action: Restrictions Around Virtual Health Can’t Go Back to “Normal”
As a result of the COVID-19 pandemic, the federal government has passed several stimulus packages with the goal of helping employers keep their business in operation while office volume is down and, in some cases, practices are physically closed. The CARES Act, which included the Paycheck Protection Program (PPP) and Provider Relief Fund, for example, has provided some relief to eligible healthcare providers, including low-interest rate loans to help providers pay staff salaries, rent, and other
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