Genome Medical, a leading nationwide telegenomics company providing genomic-based medicine, today announced that it has raised $23 million in Series B financing to accelerate the development of its technology and medical services which support patients, physicians and healthcare systems in all 50 states. The Series B round was led by Echo Health Ventures, a strategic collaboration of Cambia Health Solutions and Mosaic Health Solutions with additional new investors LRVHealth, Casdin
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Neurotrack Raises $21M for Digital Cognitive Health Platform
Neurotrack, a Redwood City, CA-based digital health company has raised $21 million in Series C funding round led by existing investor Khosla Ventures, with new strategic investments from Dai-ichi Life and SOMPO Holdings, and participation from existing investors Sozo Ventures, Rethink Impact, and AME Cloud Partners. The new round brings the company's total funding to date to more than $50 million.Alzheimer's is quickly becoming the greatest healthcare challenge of our generation, but its impact
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CVS Health Partners with Big Health to Help PBM Clients Manage Health and Wellness Benefit Solutions
CVS Health today announced
the availability of Vendor Benefit Management, a new service developed to help
CVS Caremark pharmacy benefit management (PBM) clients more easily contract,
implement and manage their choice of available and emerging third-party health
and wellness benefit solutions – both digital and non-digital. This new service
offers clients a seamless way to access negotiated pricing, standardized member
eligibility verification in real-time, simplified billing and
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PE Firm Exploring Sale of HealthChannels’ Portfolio of 4 RCM Companies
Vesey Street Capital Partners (VSP), a strategic private equity firm with substantial and differentiated Healthcare Services sector and sourcing expertise is exploring the sale of its portfolio company HealthChannels. With 13,000 employees across 50 states and three countries, HealthChannels is comprised of four highly specialized revenue cycle management companies:- ScribeAmerica, the nation’s most frequently used medical scribe company, with a reach of over 30 million patients through more
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Novant Health Launches Institute of Innovation & Artificial Intelligence
Novant Health has launched the Novant Heath Institute of Innovation & Artificial Intelligence (AI), which will use AI to enhance personalized patient care. The institute will focus on the advanced technologies required to provide highly personalized care and accelerated solutions with actionable data and insights for preventive prediction, diagnosis, and treatment to Novant Health’s patients.Novant Heath Institute of Innovation & AI OverviewThe institute will partner with technology
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2019 MedTech Breakthrough Award Category Winners Announced
MedTech Breakthrough, a market intelligence organization that recognizes the top companies, technologies, and products in the global digital health and medical technology market has unveiled the results of its 2019 MedTech Breakthrough Awards program, showcasing technologies and companies that drive innovation and exemplify the best in medical and health-related technology solutions across the globe.MedTech Breakthrough Awards Program OverviewThe MedTech Breakthrough Awards program is the
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Waystar Acquires Presumptive Charity Scoring Solution PARO
Waystar, a provider of revenue cycle technology, today announced it has acquired PARO, a financial assistance predictive analytics solution designed for the healthcare industry. As part of the acquisition, the PARO solution will be integrated with Waystar’s technology platform to help hospitals better assess charity care, reduce bad debt and meet community benefit requirements.Why PARO?Nonprofit hospitals are required to make reasonable efforts to determine if patients are eligible for financial
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3 Things Patients Want From Their Healthcare Financial Experience
In most healthcare organizations, basic automation is used to complete individual revenue cycle tasks. Seldom, however, is technology used to optimize entire revenue cycle management (RCM) processes and improve the patient financial experience.
The situation is dramatically different outside of healthcare in industries that have long competed for direct consumer dollars.
To book an airline flight, for example, consumers simply open up an app or a website. At their convenience — any time of day
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Cloud-Based Patient Matching Expands with Verato and MyDirectives Partnership
Verato, a provider of cloud-based patient matching, today announced that digital advance care planning company, ADVault, Inc., is the first partner in its new Powered by Verato(PBV) program. The program offers healthcare technology firms a next-generation patient matching solution that is highly accurate, secure, cost-effective, and easy to implement—all as a utility—using the Verato Universal MPI for patient matching.Powered by Verato Program BackgroundPatient matching is at the core of
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CVS Health to Open 1,500 HealthHUB Locations By The End of 2021
CVS Health, today announced a significant expansion of HealthHUB locations at CVS Pharmacy stores across the country. Building on the success and customer response to its HealthHUB pilot in Houston, the company plans to open additional locations in Houston, Atlanta, Philadelphia, southern New Jersey and Tampa this year, and plans to have 1,500 HealthHUB locations operating by the end of 2021.Recent HealthHUB Pilot in HoustonFor the past six months, the company has been piloting three HealthHUB
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