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Payers| Payer Industry Impact for Patients, Clinicians, and Healthcare Organizations | News, Analysis, Insights - HIT Consultant

Amwell Launches Comprehensive Behavioral Health Program

by Jasmine Pennic 05/19/2022 Leave a Comment

Amwell Launches Comprehensive Behavioral Health Program

What You Should Know: - Digital care delivery company Amwell launches Amwell Comprehensive Behavioral Health Program, an evidence-based, comprehensive and scalable behavioral health solution that can be tailored to meet specific population needs across the full spectrum of care. - Designed to address the growing mental health crisis, the Amwell program enables payers and providers to deliver integrated solutions including virtual therapy and psychiatry, coaching, and digital mental health
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Character Biosciences Raises $18M to Expand Precision Medicine Platform for Diseases of Aging

by Fred Pennic 05/17/2022 Leave a Comment

Character Biosciences Raises $18M to Expand Precision Medicine Platform for Diseases of Aging

What You Should Know: - Character Biosciences (“Character”), a precision medicine platform for diseases of aging raises $18M in a new funding round led by Innovation Endeavors, alongside leading life sciences investors Section 32 and Catalio Capital Management. Formerly known as Clover Therapeutics, the company’s data-driven approach integrates genomics, deep phenotyping and machine learning for target and biomarker discovery. - The company will use the funding to advance the frontiers of
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Delivering Patient-Centered Care Means Decluttering the Digital Health Landscape

by Simon Mathews, MD, Chief Medical Officer, Pager 05/17/2022 Leave a Comment

Delivering Patient-Centered Care Means Decluttering the Digital Landscape

Digital health companies (DHCs) and their solutions continue to grow at a rapid pace. This is in part being fueled by the record funding for DHCs, with over $29 billion for US-based companies in 2021 alone. As a result, patients are inundated with solutions from every direction – from employers, health plans, and directly through consumer-oriented apps and wearables. Physicians are also getting into the mix by directly prescribing digital therapeutics. On the surface, the blossoming of the
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Turquoise Health Raises $20M for Healthcare Pricing Platform, Launches Direct Contracting Platform

by Fred Pennic 05/11/2022 Leave a Comment

Turquoise Health Raises $20M for Healthcare Pricing Platform, Launches Direct Contracting Platform

What You Should Know: - Turquoise Health, an end-to-end healthcare pricing platform, today announced a $20M Series A investment led by existing investor Andreessen Horowitz (a16z), with participation from Bessemer, Box Group, and new investor Tiger Global. - Turquoise Health will use the funding to continue making transparent pricing ubiquitous for all healthcare stakeholders: payers, providers, and patients. Direct Contracting Platform In anticipation of July payer rates
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Digital Documentation: How PDFs Can Help Providers Expedite Care

by Deboshree Sarkar, Sr. Product Marketing Manager, PDF Editor Product line at Foxit 05/10/2022 Leave a Comment

Digital Documentation: How PDFs Can Help Providers Expedite Care

We live in an increasingly digital world. Across industries, companies and consumers have come to rely on the rapid exchange of digital information. Healthcare, however, has been an outlier in this regard. While the healthcare digital transformation has been in play for years, it’s still taken longer for the paradigm shift to gain momentum. Healthcare stakeholders have long relied on paper-based processes. From documenting clinical care to filing medical claims and registering patients, paper
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Cerner & AKASA Partner on AI-Powered Revenue Cycle Automation

by Fred Pennic 05/05/2022 Leave a Comment

AKASA Raises $60M to Automate Revenue Cycle Operations for Health Systems

What You Should Know: - Health IT leader Cerner and AI developer for healthcare operations AKASA announce a partnership to scale automation within the revenue cycle at hospitals and health systems using AI and machine learning. - The collaboration offers Cerner customers access to AKASA’s AI-based Unified Automation® platform which is purpose-built for healthcare. Growing Need for Revenue Cycle Automation Staff shortages are particularly concerning for healthcare revenue cycle
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Raising Clinical Outcomes and Engagement Through Healthcare Equity: What Health Plans Need to Know

by Anne Davis, VP of Government Markets & Strategy at Wellth 05/04/2022 Leave a Comment

Raising Clinical Outcomes and Engagement Through Healthcare Equity: What Health Plans Need to Know

Structural racism and poverty are correlated with a higher incidence of obesity among Black Americans (49%). Social drivers of health, which impact a disproportionate number of non-white Americans who live below the poverty line, account for as much as 90% of individuals’ health outcomes.   These are just two examples of data that highlight the need for equity.  Health plans are well-aware that shifting this dynamic and boosting clinical outcomes is possible through better,
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Luma Health & Change Healthcare Partner to Develop Solutions to Optimize Patient Journeys

by Strategic Partnerships 05/04/2022 Leave a Comment

Luma Health Secures $130M to Optimize Patient Journey

What You Should Know: - Luma Health, a digital health company streamlining patient-provider communications announced a strategic partnership with Change Healthcare, a healthcare technology company that provides the connection and data transfer between providers, payers, and consumers. - The two companies will develop solutions to meet health systems' demand for streamlined and unified clinical, operational, and financial journeys. Develop Solutions to Unify All Journeys -Clinical,
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Komodo Health & AppliedVR Partner to Drive Therapeutic VR for Chronic Pain

by Jasmine Pennic 04/28/2022 Leave a Comment

AppliedVR Secures $36M to Scale Therapeutic Virtual Reality Platform for Pain Management

What You Should Know: - Komodo Health, a company delivering patient-level insights by dynamically analyzing the broadest array of data across patients, practitioners, and health systems. today announced a new partnership with AppliedVR, the leader in therapeutic virtual reality (VR) for pain management. - Using Komodo’s technology, AppliedVR will combine its proprietary insights with Komodo’s real-world data to conduct clinical research into the efficacy, cost savings, and health system
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Biofourmis Secures $300M to Expand Virtual Care Offerings

by Digital Health Funding 04/26/2022 Leave a Comment

Biofourmis Secures $300M to Expand Virtual Care Offerings

What You Should Know: - Biofourmis, a global leader in virtual care and digital medicine raises $300 million in Series D investment led by leading global growth equity firm General Atlantic. CVS Health and existing investors also participated in the round, - Biofourmis also announced that former Medtronic CEO and Chairperson at Intel, Dr. Omar Ishrak, will join the company’s Board of Directors as Chairman. Transforming Patient Health Through Personalized, Predictive Care Founded in
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