GHX Names 50 Best Healthcare
Providers for Supply Chain Excellence
- Today, GHX recognized the top 50 performing U.S. and Canadian providers for supply chain excellence chosen from a pool of more than 4,100 hospitals in the U.S. and Canada based on their operational performance, ability to drive down costs through the supply chain.
- After labor, the supply chain is the second largest cost for hospitals and health systems. Improving supply chain processes and
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Partners
Babyscripts, Amerigroup Partner to Improve Access to Care for Maternal Populations
- Virtual care company for managing obstetrics Babyscripts announced a partnership with Amerigroup, a Medicaid Managed Care Organization (MCO) to deliver pregnancy care solutions to George Washington University Hospital, Community of Hope and other local hospitals in the D.C. region.
- The partnership will increase access to care for pregnant mothers, delivering the benefits of remote monitoring and virtual care through Babyscripts’ mobile and web-based solution.
Babyscripts, the leading
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symplr Acquires Quality & Risk Management Platform The Patient Safety Company
- symplr, a leading healthcare governance, risk and compliance (“GRC”) software-as-a-service (“SaaS”) platform has acquired Patient Safety Company, a quality and risk management platform for healthcare organizations.
- The strategic acquisition further strengthens industry-leading healthcare governance, risk, and compliance software offerings.
symplr, a
leading healthcare governance, risk and compliance (“GRC”)
software-as-a-service (“SaaS”) platform, backed by Clearlake Capital
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UK-Based Startup Oxford VR Nabs $12.5M to Expand Automated VR Therapy Platform
- Automated virtual reality therapy Oxford VR secures a record $12.5M investment to advance its real-world impact in behavioral health, and accelerate clinical leadership in the U.S.
- The investment will enable the next-level growth of pioneering immersive therapy for depression, anxiety, and other behavioral health conditions.
VR therapy pioneer Oxford VR announced today a landmark $12.5 million Series A funding round led by Optum Ventures and supported by Luminous Ventures. The round
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HealthLynked Acquires Cura Health & ACO Health Partners
- HealthLynked acquires Cura Health Management and its wholly-owned subsidiary ACO Health Partners LLC for $1.75M. - The acquisition is expected to contribute approximately $2.25M of revenue and $500k in EBITDA in year one, increasing HealthLynked's consolidated revenues by 47% and reducing the company's current annual cash burn by over 50%.HealthLynked Corp, a nationwide healthcare network focused on care management of its members and a provider of healthcare technologies that connect doctors,
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Atrius Health to Deploy Kyruus to Enhance Patient Access Across Eastern Massachusetts
- Kyruus today announced that Atrius Health has selected the company’s solutions to enhance patient access across Eastern Massachusetts.- KyruusOne will serve as the backbone for Atrius Health’s future consumer-facing search offerings for its more than 745,000 adult and pediatric patients, as well as new patients to the system.Atrius Health, the Northeast’s largest non-profit independent medical group, has selected Kyruus, the leader in provider search and scheduling solutions for health systems
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Analysis: Why Digital Health Investors are Falling in Love with Femtech
Women’s health technology, known as Femtech, is one of the fastest-growing and well-funded categories of digital health. Femtech generally encompasses a range of digital health software and tech-enabled service providers that cater to the specific biological needs of women. These needs span from general health and wellness to reproductive health, including fertility, pregnancy, and nursing care.
Today, reproductive health is the focal point of femtech, thanks in part to the
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Advanced Healthcare Supply Chains: Why It’s All in the Data
During the past decade, the healthcare industry has undergone an unprecedented technological transformation. The industry, once defined by manual processes, has moved squarely into the digital age. As patients, we’ve all become accustomed to seeing physicians as well as clinical staff use laptops during office visits. And behind the scenes, hospitals and health networks have made substantial investments in financial and HR systems, among others.
One of the more significant digital
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NYC Health + Hospitals Launches $4.3M SDoH Programs to Address Food & Housing Insecurities
- OneCity Health is the NYC Health + Hospitals-sponsored Performing Provider System (PPS) launches two new programs worth $4.3M in total to address food and housing insecurities among patients of the City’s public health system.
- As part of the initiative, OneCity Health will partner with NowPow to utilize their personalized community referral platform to enable community-based organizations to connect patients to available services that are traditionally fragmented and difficult to
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Analysis: January Health IT M&A Activity; Public Company Performance
– Healthcare Growth Partners’ (HGP) summary of Health IT/digital health mergers & acquisition (M&A) activity, and public company performance during the month of January 2020.
Ten years into the bull market, we operate in a heightened state of awareness for any indication of market weakness that may signal a downturn. While debt levels are rising and GDP growth somewhat sluggish, the world of private equity, public equity, and M&A continues to be in full swing bull market
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