What You Should Know: - Medly Pharmacy raises $100M investment co-led by Volition Capital and Greycroft to propel Medly's leadership in the $500B+ digital on-demand pharmacy market. - Medly will use the funding to expand its digital on-demand pharmacy platform, enter new markets, and provide category-leading services to patients and partners across the country that is well-positioned to meet new customer needs. Medly Pharmacy (Medly), an industry-leading full-service digital
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Patient Care| Health IT, Digital Health Impact | News, Analysis, Insights - HIT Consultant
HHS Taps Fenway Health as Pilot Site for Precision Medicine Project
What You Should Know: - Fenway Health has been selected as the pilot site to participate in the Advancing Standards for Precision Medicine (ASPM) project. - The ASPM project is focused on how healthcare providers can systematically identify the socio-economic factors that may impact the health of patients in order to provide more individualized care that reflects patients’ needs. Fenway Health, a Boston, MA-based Federally Qualified Community Health Center (FQCHC)
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Paige Lands Additional $20M for AI-Native Digital Pathology Ecosystem
What You Should Know: - Paige secures an additional $15M from Goldman Sachs totaling $20M to close out a total Series B funding round of $70M for its AI-native digital pathology ecosystem. - The company’s continued product portfolio of innovation in telepathology and digital diagnostics accelerated by further investment. Paige, an NYC-based leader in computational pathology transforming the diagnosis and treatment of cancer, today announced it received an additional $15M from
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Enhancing Patient Care With a Touchscreen EMR Interface
A clinician’s mission is to deliver the best possible care to his or her patients. However, when technology gets in the way of the workflow, clinicians are obligated to spend valuable time making sure data inputs are accurate and complete across disparate systems. Nowhere is this more prevalent than with electronic medical records (EMRs). Dr. Peter Greene, MD, CMIO, with Johns Hopkins, said, “Efficiency is really at the heart of what troubles us most. Clinicians really want the EMR to make
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COVID-19 Has Permanently Shifted Patient Behavior Towards Virtual Care
What You Should Know: - The COVID-19 crisis has significantly impacted the patient care paradigm, and the ripple effects have altered patient behaviors and expectations, requiring a significant change in how life sciences companies engage with and support patients - Accenture surveyed 2700 patients about changes in care during COVID-19 and found a major shift to virtual care, which patients embraced. - Virtual care is here to stay and can be an integral part of the patient experience
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Health Catalyst Acquires Clinical Workflow Optimization Solution healthfinch
What You Should Know: - Health Catalyst announces an agreement to acquire clinical workflow optimization solution healthfinch using a mix of stock and cash. - As part of the acquisition, healthfinch will be a new application suite category called EMR Embedded Insights and its refills, care gaps closure, and visit planning applications will continue to be available in their original configuration. Health Catalyst, Inc., a provider of data and analytics technology and services
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Lenovo Launches Virtual Care Solution with Voice Activated Digital Assistant
What You Should Know: - Today, Lenovo launches Virtual Care solution to help healthcare provider organizations remotely monitor, engage with and educate patients with many of these chronic health conditions, including diabetes, COPD, congestive heart failure (CHF), and hypertension. - Easy to use, patients take the kit home, plug it in and can immediately begin interacting with their care team. Patients are guided through an individual daily care plan aided by biometric devices and
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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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Vonage, Redox Integrate Telehealth Data with EHRs to Support Interoperability
What You Should Know: - Vonage and Redox form partnership where Vonage API users can now leverage Redox APIs to exchange telehealth data with electronic health records (EHRs). - Together the companies enable healthcare providers to connect effectively and privately with patients via a platform that is fully interoperable with EHRs and other leading healthcare data source systems. Vonage, a global leader in cloud communications helping businesses accelerate their digital
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How Can eConsults Help Clinically Integrated Networks Deliver Better Care and Demonstrate Value?
A Clinically Integrated Network (CIN) strategy that leverages eConsult technology can help physicians and health systems deliver better care at a lower cost. Physicians increasingly face pressure to deliver high-quality care efficiently while continuing to grow and sustain their practices. But lowering costs while sustaining growth often means giving up autonomy. The percentage of solo physicians in the U.S. fell to 17% in 2014, compared with 41% in 1983. Additionally, hospital ownership of
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