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Long-Term Care Insurtech Assured Allies Nabs $42.5M to Power Successful Aging

by Fred Pennic 03/07/2023 Leave a Comment

Long-Term Care Insurtech Assured Allies Nabs $42.5M to Power Successful Aging

What You Should Know: - Assured Allies, an insurtech company for evidence-based successful aging raises $42.5M in Series B funding round co-led by FinTLV Ventures and existing investor Harel Insurance, and was joined by new and existing investors including Lumir Ventures, Funds managed by Hamilton Lane (NASDAQ: HLNE), New Era Capital Partners, MS&AD Ventures, Core Innovation Capital, Poalim Equity, EquiTrust Life Insurance Company, Akilia Partners, and Samsung Next. The latest round
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Is Education is the Catalyst to Increased Adoption of Handheld Ultrasound?

by Mustafa Hassan, Market Analyst at Signify Research 03/07/2023 Leave a Comment

Education is the Catalyst to Increased Adoption of Handheld Ultrasound

Handheld ultrasound has not yet reached mainstream adoption but the market is still forecast to reach over $500 million by 2026. Signify Research’s newly published Handheld Ultrasound Deep Dive Report 2022 shows that market revenues are estimated to have grown by approximately 30% in 2021, driven by strong growth in the US, the biggest market for handheld ultrasound. Despite the global challenges for handheld ultrasound vendors in 2022, such as rising inflation and supply chain disruptions, the
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Major Health Partners Reduces Home Medication Reconciliation Time by 30%

by Fred Pennic 03/03/2023 Leave a Comment

Major Health Partners Reduces Home Medication Reconciliation Time by 30%

What You Should Know: Major Health Partners (Shelbyville, IN) announced that technicians saved on average three minutes of time per patient and realized a 30% improvement in the average time for overall home medication verification leveraging MEDITECH’s Expanse Patient Care solution. The solution was rolled out facility-wide, including in the ED, where medication reconciliation technicians saw immediate results. MHP has been able to build on this success by adopting the Expanse Patient
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CMS Awards Accenture Federal Services with $628M Contract to Support Healthcare.gov

by Fred Pennic 03/02/2023 Leave a Comment

CMS Awards Accenture Federal Services with $628M Contract to Support Healthcare.gov

What You Should Know: - Accenture Federal Services has won a five-year, $628 million recompete of a contract award from the U.S. Centers for Medicare and Medicaid Services (CMS) to continue its work supporting Healthcare.gov. CMS made this award through the Strategic Partners Acquisition Readiness Contract (SPARC) vehicle. - In 2014, Accenture Federal Services was awarded a prime contract to take over management of the Federally-Facilitated Exchange (FFE). FFE is the backbone of
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Advantus Health Partners and GE HealthCare Sign 10-Year, $760M Agreement

by Strategic Partnerships 03/02/2023 Leave a Comment

Advantus Health Partners and GE HealthCare Sign 10-Year, $760M Agreement

What You Should Know: - GE HealthCare and Advantus Health Partners announced it has expanded its partnership, an agreement of up to $760M over 10 years to provide GE HealthCare’s Healthcare Technology Management (HTM) services to Advantus Health Partners’ clients.  - Through this expanded relationship between Advantus Health Partners and GE HealthCare, healthcare providers will have access to a scalable, end-to-end solution for managing medical equipment performance and risk. Healthcare
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OpenText Partners with Bayer to Digitize B2B Operations

by Strategic Partnerships 03/01/2023 Leave a Comment

OpenText Partners with Bayer to Digitize B2B Operations

What You Should Know: - Global tech anchor, OpenText™ announced its collaboration with healthcare and agricultural leader, Bayer, to simplify its digital operations.  - This partnership echoes the current trend which sees legacy companies adopting more robust digital solutions to elevate their businesses and free up time to focus on other priorities.  - Bayer has strategically chosen OpenTextTM Business Network Cloud Enterprise, which will be tapped for strategic B2B
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Consumers Prefer Telehealth to In-Person Visits While Traveling

by Jasmine Pennic 02/28/2023 Leave a Comment

Consumers Prefer Telehealth to In-Person Visits While Traveling

What You Should Know: - New KeyCare survey finds nearly 7 in 10 (68%) of consumers who needed minor but urgent medical services while traveling in the prior year received care via telehealth visits with their regular physicians or affiliated members of their physicians’ care teams, outpacing all other care-delivery options.  - Results are based on a survey of 400 consumers who have previously scheduled and
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Vytalize Health Closes $100M to Support Value-Based Care Transformation

by Fred Pennic 02/23/2023 Leave a Comment

Vytalize Health Closes $100M to Support Value-Based Care Transformation

What You Should Know: - Vytalize Health, a leading risk-bearing provider enablement platform, announced it has closed $100 million in funding led by Enhanced Healthcare Partners and Monroe Capital, with participation from North Coast Ventures. - Vytalize Health partners with primary care practices for more than 250,000 patients and offers evidence-based recommendations at the point of care. By delivering the right data at the right time in the workflow to physicians and their staff,
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BrightInsight Adds ixlayer to BrightInsight Ecosystem to Improve Therapy Matching

by Jasmine Pennic 02/22/2023 Leave a Comment

BrightInsight & bioMérieux Partner to Develop Clinical Digital Solution for Diagnostics

What You Should Know: - BrightInsight announced that ixlayer has joined the BrightInsight Ecosystem, a network of more than 20 of the world’s leading healthcare and technology companies driving growth and adoption of digital health solutions. - The BrightInsight Ecosystem of partners collaborates to solve healthcare’s biggest challenges to drive digital innovation, adoption and engagement.  Why It Matters Conditions such as high cholesterol, autoimmune
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KLAS Names Chartis, Nordic, Tegria Top Performers for IT Advisory Services

by Syed Hamza Sohail 02/22/2023 Leave a Comment

KLAS Names Chartis, Nordic, Tegria Top Performers for IT Advisory Services

What You Should Know: - In the IT advisory space, many firms perform well, but the breadth of their expertise varies—some firms offer many services, while others focus on a specific area. KLAS's latest report examines the breadth of firms’ validated services as well as client satisfaction and performance consistency. - To provide better transparency into IT advisory services, KLAS has broken them into the following four segments: IT planning and assessment, revenue cycle optimization,
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