In the past few months, the COVID-19 pandemic has shaken societies, economies, and human wellbeing to the core. While protecting public health and welfare are top priorities for hospitals, the harsh reality is that it takes cash to keep the doors open and serve patients effectively. Revenue is down significantly as a result of canceled elective surgeries, while the costs of medical supplies and in-demand personal protective equipment for workers have skyrocketed. Hospitals’ operating challenges
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Patient Access in Healthcare | Revenue Cycle Management
Caption Health Nabs $53M to Commercialize FDA-Cleared AI-Guided Ultrasound Technology
What You Should Know:
- Caption Health raises $53 million series B round to
fuel commercialization and expansion of its FDA-approved AI ultrasound
technology. This is on the heels of its receiving FDA clearance, designated as
a breakthrough technology to fight against COVID-19.
- As ultrasounds, especially cardiac ultrasounds, have
become increasingly important during a time of COVID when resources are
stretched, using AI to help more healthcare professionals take high-quality
images is
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NexHealth Raises $15M to Expand Patient Experience Management Platform
NexHealth, a San Francisco, CA-based patient experience management platform, announced it has raised $15M in Series A funding from some of Silicon Valley’s best investors, including product-driven founders such as Scott Belsky, founder of Behance and Chief Product Officer at Adobe, and mission-driven founders such as Josh Buckley and Naval Ravikant.
Empowering Doctors to Run Thriving Businesses
Patients today spend more out-of-pocket, shop for care, and
have high expectations from their
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72% of Consumers Had First-Ever Virtual Visit During COVID-19 Pandemic
What You Should Know:
- Patient Perspectives on Virtual Care, a new study published today by Kyruus, reveals 72% of consumers had their first-ever virtual visit during the COVID-19 pandemic, and a vast majority would like to continue using it in the future.
- The survey of 1,000 consumers ages 18-65+ takes an
in-depth look at their use and perceptions of virtual care during COVID-19.
A majority of healthcare consumers had their first-ever virtual visit during the COVID-19 pandemic,
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EnsoData Raises $9M to Accelerate Waveform AI Platform for Clinicians
What You Should Know:
- EnsoData announces its official launch and a $9M Series A funding round to accelerate analysis and understanding of human health, starting with sleep disorder diagnoses.
- Using AI, EnsoData’s technology transforms billions of waveform data points (outputs from heartbeats on an EKG, eye movement through an EOG, brain waves through an EEG, etc.) collected from sensors in medical devices and wearables into an easy-to-read report.
- EnsoData saves clinics and
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Arcadia Launches New COVID-19 Recovery Toolkit for Health Systems
What You Should Know:
- Arcadia launches COVID-19 Surveillance and
Engagement Toolkit with data and resources to help health systems in
value-based payment arrangements meet the demands of the pandemic.
- Since the introduction of Arcadia’s COVID-19 Surveillance
and Engagement Toolkit, more than a dozen health systems have used Arcadia Analytics
to reach patients via text message outreach and symptom screening tools, an
increase
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FCC Surpasses $100M in Approved COVID-19 Telehealth Program Applications
What You Should Know:
- FCC’s COVID-19 Telehealth Program, which was authorized by the CARES Act, has approved funding for 305 healthcare providers in 42 states plus Washington, D.C. for a total of $105M in funding.
The Federal Communications
Commission’s Wireline Competition Bureau today approved an additional 67 funding applications
for the COVID-19 Telehealth Program. Healthcare
providers in both urban and rural areas of the country will use this $16.87M in
funding to
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Kyruus Raises $30M to Expand Provider Search and Scheduling Solutions
What You Should Know:
- Kyruus, a provider search and scheduling solutions company raises $30 million in new funding from Francisco Partners, a technology-focused private equity firm.
- Kyruus will use the investment to expand its patient access platform to help health systems enhance the patient experience, both during and beyond the COVID-19 pandemic.
Kyruus, a Boston, MA-based suite of provider search and scheduling solutions for health systems, today announced
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Inovalon Launches FHIR-Based Solution for Health Plan Compliance
What You Should Know:
- Inovalon announced the availability of its Cloud-Based “Consumer Health Gateway” Module, alleviating the need for health plans to build their own Patient Access API to comply with the new requirement of the 21st Century Cures Act.
- The Consumer Health Gateway is a consumer portal allowing the FHIR®-based exchange of a patient’s claims and clinical data securely with authorized third-party applications. It consists of a robust patient consent and authentication
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FCC’s COVID-19 Telehealth Programs Surpasses $50M in Funding
What You Should Know:
- To date, the FCC’s COVID-19 Telehealth Program, which was authorized by the CARES Act, has approved funding for 132 healthcare providers across 33 states plus Washington, DC for a total of just over $50M in funding.
The Federal Communications
Commission’s Wireline Competition Bureau today approved an additional 43
funding applications for the COVID-19 Telehealth
Program. The seventh set of healthcare providers in both urban and
rural areas of the
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