What You Should Know:
- More than half (56%) healthcare leaders say their current population health management (PHM) solution doesn’t meet their needs, according to a new survey from Persivia.
- Almost two-thirds (62%) say a lack of clinician
engagement is the top reason they’re looking to replace their PHM solution.
This was followed by the inability to convert data to action (48%), and
inability to engage patients (43%) or perform sufficient analytics (43%) tied
for third.
- The
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Partners
HHS Awards Morehouse $40M to Combat COVID-19, Advance Health Equity in Minority Communities
What You Should Know:
- Morehouse School of Medicine (MSM) partners with the
U.S. Department of Health and Human Services on a three-year project to combat
COVID-19 and advance health equity in minority communities.
- The
initiative – the National Infrastructure for Mitigating the Impact of COVID-19
within Racial and Ethnic Minority Communities – is a three-year project
designed to work with community-based organizations across the nation to
deliver education and information on resources
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DispatchHealth Raises $135.8M to Expand On-Demand In-Home Care Model
What You Should Know
- Today DispatchHealth announced the closing of $135.8 million growth capital financing led by Optum Ventures and included participation from existing and new strategic investors.
- The additional funding enables DispatchHealth to
continue to provide in-home medical care to even more vulnerable, high-needs
patients by growing its existing 19 markets, expanding to new markets, and
launching additional services.
- Many health systems, including Renown Health and
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Somatus Lands $64M to Expand Value-Based Kidney Care Model
What You Should Know:
- Somatus raises $64M in Series C funding led by Longitudinal
Capital to fuel the expansion of its value-based kidney care model.
- Somatus will use the funding to continue to scale its
model nationally and invest in technology and product development to better
support patients and health plan partners.
Somatus, a McLean, VA-based provider of value-based kidney care, today announced it has completed a Series C funding round of $64 million led by Longitude
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Black Lives Matter: Health IT Industry, Where Are You?
All lives truly matter. However, the world does not exist in a vacuum void of institutional racism, subconscious, and implicit bias. As a result, every life within America is not valued the same, as is evident by the recent George Floyd murder. When all lives are not treated with the same opportunities and respect, whether in matters of criminal justice, employment, housing, education, health, and healthcare evidence shows the result is that only some lives actually matter. One cannot change the
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Cedar Nabs $102M to Modernize Patient Financial Experience
What You Should Know:
- Cedar raises $102M to fuel the next phase of Cedar’s vision of evolving from a patient financial engagement solution to a comprehensive healthcare consumer engagement platform.
- Cedar combines healthcare, tech, and design to create a seamless financial experience for every patient. From pre-visit registration to post-visit billing, Cedar personalizes the care journey to take each patient to payment with ease.
- The company also announced it has partnered with
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Target Offers Team Members Free Access to Virtual Visits Via CirrusMD
What You Should Know:
- Target announced a number of new and extended COVID-19 benefits, including access to CirrusMD’s virtual care platform. The platform will provide text-first virtual health care visits for team members to securely text, share images, or video chat with a doctor.
Target today
announced a number of industry-leading updates and extensions to its pay and
benefits including access to virtual care visits. To support the health and
safety of its team members during a
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Walmart Acquires Medication Management Platform CareZone for $200M to Enhance Digital Health & Wellness Capabilities
What You Should Know:
- Walmart acquires app-based patient medication management
platform CareZone for reportedly $200M to enhance its digital health and
wellness capabilities.
- CareZone’s technology and team members will join
Walmart to augment their current Health & Wellness capabilities and support
its focus on digital health care solutions. CareZone will remain a separate
company unrelated to Walmart.
Walmart announced
it has acquired
CareZone, a San Francisco,
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Unite Us Acquires SDoH Data Analytics Company Staple Health to Expand Capabilities
What You Should Know:
- Unite Us acquires social determinants of health (SDoH)
analytics company Staple Health to greatly expand its valuable predictive data
analytics capabilities.
- Predictive analytics and outcome data are essential as
Unite Us supports local communities, addressing needs and providing proactive
social care infrastructure where it is lacking.
- The acquisition of Staple Health brings 10 years of
data experience and a database of 270M individuals, with notable
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FDA Approves Cue Health’s Point-of-Care COVID-19 Test Using Nasal Swabs
What You Should Know:
- The Food and Drug Administration (FDA) has awarded Cue Health Emergency Use Authorization (EUA) for its rapid, portable, molecular point of care COVID-19 test.
- The company recently raised $100M in Series C funding from Menlo Park-based Decheng Capital, Foresite Capital, Madrone Capital Partners, Johnson & Johnson Innovation – JJDC, Inc., ACME Capital, and other investment firms.
Cue Health Inc.
(“Cue”), a healthcare
technology company,
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