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Enable My Child Nabs $1.2M to Modernize AI-Driven Pediatric Therapy For Schools, Parents

by Jasmine Pennic 08/22/2019 Leave a Comment

Enable My Child Raises $1.2M to Modernize Pediatric Therapy For Schools and Parents

Enable My Child (EMC), a pediatric therapy provider offering high-quality, real-time therapy services through its digital platform, today announced it has raised $1.2 million in seed funding led by CMI Ventures. The NYC-based startup plans to use the seed funding to expand its AI-driven pediatric therapy platform to schools and early intervention centers across the country. Importance of School-Based Therapy According to a report from the Centers for Disease Control and Prevention (CDC),
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Signify Health, Remedy Partners Merge to Create Market Leading Value-Based Care Enablement

by Fred Pennic 08/20/2019 Leave a Comment

Signify Health, Remedy Merge to Create Market Leading Value-Based Care Enablement

Signify Health and Remedy Partners have signed a definitive agreement to merge to create a market-leading platform delivering value-based care enablement. Together, Signify Health and Remedy Partners both portfolio companies of New Mountain Capital LLC will leverage clinical, behavioral and social data amidst an accelerating market shift from fee-for-service toward value-based payments and arrangements based on the quality and total cost of care for a patient.Merger Creates Combined Revenue of
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Only 11% of Acute-Care Providers Use An Integrated EHR, Study Finds

by Jasmine Pennic 08/20/2019 Leave a Comment

Only 11 percent of acute care providers use an integrated electronic health record (EHR), according to PointClickCare’s results of its 2019 Patient Transition Study. The study reveals that acute care and long-term post-acute care patient coordination remains largely manual through paper, email, and fax processes.Conducted in partnership with Definitive Healthcare, c-suite executives from acute and post-acute care facilities provided input on data sharing, concerns about interoperability, and
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How Tech Giants are Helping Providers Reinvent Patient Care

by Alyssa Rapp, CEO of Surgical Solutions 08/19/2019 Leave a Comment

How Tech Giants are Helping Providers Reinvent Patient Care

Healthcare costs are on the rise, and they show no signs of leveling off. According to the latest data available from the Centers for Medicare and Medicaid Services, healthcare spending in the United States reached $3.5 trillion in 2017, or $10,739 per person. Those costs are projected to rise by about five percent year-over-year. As expenditures continue to skyrocket, healthcare providers are looking to new technologies and care strategies that can help them treat patients more effectively at a
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SafeKeeping Raises $330k for Long-Term Care Coordination Dashboard

by Fred Pennic 08/19/2019 Leave a Comment

SafeKeeping Raises $330k for Long-Term Care Coordination Dashboard

SafeKeeping, an Evansville, Indiana-based integrated care dashboard for long-term care providers that utilizes facilities' electronic medical record (EMR) data to improve health outcomes for caregivers, family members and residents announced it has raised $330k in seed funding led by Solidea Capital. The company plans to use the seed funding to expand offerings, support additional long-term care facilities and meet urgent industry demands for an engagement channel that puts facility efficiency
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WOMEN at HLTH Program Launches to Address Gender Leadership Disparity in Healthcare

by Jasmine Pennic 08/16/2019 Leave a Comment

WOMEN at HLTH Program Launches to Address Gender Leadership Disparity in Healthcare

HLTH, the largest and most important conference for healthcare innovation has announced their new WOMEN at HLTH programs taking place at HLTH 2019. The new program supports some of the extraordinary initiatives addressing the disparity of women in leadership roles within health organizations.Through supporting organizations focused on advancing women in health, WOMEN at HLTH hopes to address the root cause of the parity issue by providing a platform for the industry to activate both the
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Catholic Health Announces Major Reorganization of Executive Leadership

by Fred Pennic 08/16/2019 Leave a Comment

Catholic Health Announces Major Reorganization of Executive Leadership

This week, Catholic Health president & CEO Mark Sullivan announce a major reorganization structure of their executive leadership team with a goal to shape the future direction of healthcare in Western New York“Change is happening all around us in healthcare and rather than react to the pressures of our industry, we must lead change in the region to sustain our mission and meet the needs of the patients and communities we serve,” Sullivan said. “This new leadership structure will build on the
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MyHealthTeams Lands $9.44M to Expand Social Networks for Chronic Condition Communities

by Jasmine Pennic 08/15/2019 Leave a Comment

MyHealthTeams Raises $9.44 Million

MyHealthTeams, a San Francisco, CA-based creator of the largest and fastest-growing social networks for people facing chronic health conditions raised $9.44 million in a Series B financing round led by strategic investor UCB, a global biopharmaceutical company. This financing brings total investment in MyHealthTeams to $26.84M, building on the company's Seed and Series A1, A2 and A3 rounds. Existing investors including Adams Street Partners, Qiming US Ventures, CVS Health, The Westly Group,
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Forefront Telecare Taps Sage Growth Partners for Growth Planning Initiatives

by Jasmine Pennic 08/15/2019 Leave a Comment

Forefront Telecare Taps Sage Growth Partners for Growth Planning Initiatives

Sage Growth Partners (SGP), Baltimore-based healthcare research, strategy, and marketing firm, announced that it has been engaged by psychiatric telehealth company Forefront Telecare. As part of the engagement, SGP will provide research and strategy services to Forefront Telecare to advance and accelerate Forefront's growth initiatives, bringing essential behavioral care to rural markets where there is a shortage of medical specialists. The engagement marks SGP’s fifth client in the growing
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Nomad Health Raises $34M to Disrupt Healthcare Staffing Industry

by Fred Pennic 08/15/2019 Leave a Comment

Nomad Health Lands $34M to Revolutionize The Healthcare Staffing Industry

Nomad Health, an NYC-based on-demand medical jobs marketplace platform has raised $34M in new equity and debt financing led by Icon Ventures. The financing also includes additional investment from prior investors Polaris Partners, RRE Ventures, .406 Ventures, and Silicon Valley Bank. Nomad’s mission is to revolutionize healthcare staffing by creating the first online marketplace for healthcare jobs and by bringing the gig economy to healthcare – it is disrupting a multibillion-dollar industry in
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