EMV Capital, a London-based early-stage venture investor announced the acquisition and investment in Wanda Inc., a San Francisco-based digital health startup commercializing advanced clinical decision support software powered by machine learning and real-time patient data analysis. EMV Capital’s investment will enable Wanda to accelerate its growth in the North American market, as well as to enter the UK and European markets.Wanda Inc. BackgroundWanda Founded in 2011 from the results of eight
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AllyAlign Health Raises $10M to Power Value-Based Care for Seniors
AllyAlign Health, a Richmond-based developer and administrator of Medicare Advantage special need plans that benefit long-term care providers has raised $10M in strategic funding led by McKesson Ventures. Existing investors Heritage Healthcare Innovation Fund, Health Enterprise Partners and the LinkAge Fund also participated in the financing. This brings the total capital raised to over $41 million.AllyAlign Health BackgroundAllyAlign Health (AAH) began reforming the health system in 2014 by
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Carisk Integrates with Valera Health to Optimize Care Coordination
Carisk Partners (Carisk), a specialty risk transfer and care coordination company, and Valera Health, a digital health startup have announced a strategic partnership to deliver an intuitive behavioral healthcare experience for patients. Valera Health leverages analytics and mobile tools that monitor, engage, and connect patients with care coordination teams. As part of the partnership, Carisk plans to utilize Valera technology to provide its care coordination teams with tools to optimize care
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Betterment Through Automated Benchmarking in the Era of Value-based Care
In the era of value-based care provision, automated benchmarking technology in hospitals enables real-world, reliable data insights for understanding, improving and promoting provider performance.Value-based healthcare is here to stay. Hospitals across the U.S. are on a quest to deliver successful outcomes at the lowest overall cost, improving care delivery and patient wellness. Nationwide, 34 percent of total healthcare payments were tied to alternative payment models in 2017, a steady
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CMS Unveils “New Direction” for Innovation Center to Promote Patient-Centered Care
The Centers for Medicare & Medicaid Services (CMS) has unveiled a “new direction for the Innovation Center” to promote patient-centered care and test market-driven reforms. The goal of this new direction for the CMS Innovation Center will empower beneficiaries as consumers, provide price transparency, increase choices and competition to drive quality, reduce costs, and improve outcomes.The CMS Innovation Center will carefully evaluate how models developed consistent with the new directions
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HHS & ONC To Invest $28M to Advance HIT Interoperablity
After issuing the nationwide health IT Interoperability Roadmap draft late last week, the ONC today announced it will invest $28 million to advance the adoption and use of interoperable health IT tools and services to support the exchange of health information. These investments will improve care coordination, which in turn will help achieve the goal of better care, smarter spending, and healthier people.
Grant Program Overview
The two-year grant program will provide between 10 to 12 awards
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