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

The $2.8M Medicine: How Data Can Help Insurers Pay for Life-Changing Therapies Without Breaking The Bank

by Girisha Fernando, CEO and Founder of Lyfegen 11/15/2022 Leave a Comment

The $2.8M Medicine: How Data Can Help Insurers Pay for Life-Changing Therapies Without Breaking The Bank

Advanced medical research has brought us to the point where many serious conditions can potentially be treated and even cured - with people who have essentially faced a lifetime of being incapacitated finally able to conduct normal lives. Many of these treatments are drug-based gene therapies–- but they come with an extremely high price tag. The latest example–and most expensive medication to date– is bluebird bio’s recently-approved $2.8 million gene therapy to treat a rare blood
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HLTH22 Day 1 News Summary: Google, Maven, Highmark, LG, Others

by Fred Pennic 11/14/2022 Leave a Comment

17 HLTH 2022 Predictions from Digital Health Executives to Watch

Venture Capital, Private Equity Funding Maven Clinic Secures $90M to Advance End-to-End Family Care Platform Maven Clinic, the largest virtual clinic in women’s and family health raises $90 million Series E funding bringing its total funding to $300M. Maven plans to use the latest round of funding to advance its end-to-end family care platform to enable deeper personalization to meet the diverse needs of women and families everywhere. Curavit Raises $5M for Digital Therapeutics
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HLTH22: Maven Clinic Secures $90M to Advance End-to-End Family Care Platform

by Jasmine Pennic 11/14/2022 Leave a Comment

Maven Raises $45M to Expand On-Demand Virtual Care for Women’s & Family Health

What You Should Know: - Maven Clinic, the largest virtual clinic in women's and family health, today announced that it has raised a $90 million Series E funding round led by General Catalyst, with participation from CVS Health Ventures, La Famiglia, and Intermountain Ventures, as well as existing investors Sequoia, Oak HC/FT, Icon Ventures, Dragoneer Investment Group, and Lux Capital. This brings Maven's total funding to $300 million and highlights the growing demand for women's and family
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18 HLTH 2022 Predictions from Digital Health Executives to Watch

by Fred Pennic 11/10/2022 Leave a Comment

17 HLTH 2022 Predictions from Digital Health Executives to Watch

Before HLTH 2022 kicks off next week in Las Vegas, we asked 18 digital health executives for their predictions and major themes to expect at HLTH.  1. Keith Reynolds, Chief Operating Officer at Welldoc Access to care is a central focus for healthcare given several factors: a growing population being impacted with chronic conditions, increased resourcing constraints, and growing fatigue and workload among providers. A recent study indicated that it would require a PCP 26.7 hours/ day
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TXI Partners with Redox to Help Health Tech Companies Accelerate Improved Patient Care Outcomes

by HITC Staff 11/10/2022 Leave a Comment

TXI Partners with Redox to Help Health Tech Companies Accelerate Improved Patient Care Outcomes

What You Should Know: - TXI, the strategy and product innovation firm, today is teaming up with Redox, a company accelerating data interoperability in healthcare, to build and scale digital products from startups to enterprise-scale healthcare technology companies. The partnership will help to accelerate care outcomes for providers and patients. - The partnership comes at a critical time as healthcare systems face staffing challenges, budget pressures, and a continued shift to virtual and
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BioIntelliSense and Medically Home Partner to Enhance High Acuity Hospital Care at Home

by HITC Staff 11/10/2022 Leave a Comment

BioIntelliSense and Medically Home Partner to Enhance High Acuity Hospital Care at Home

What You Should Know: - BioIntelliSense, Inc., a continuous health monitoring and clinical intelligence company, today announced it has entered into a strategic partnership with Medically Home Group, Inc., a technology-enabled services company that is at the forefront of the movement to decentralize care for serious or complex illnesses. - The collaboration further expands the availability of continuous biometric data and insights to physicians and nurses caring for patients in the
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Overcoming the Healthcare Staffing Shortage Through Back-Office Automation

by Kimberly Hartsfield, EVP of Growth Enablement at VisiQuate 11/08/2022 Leave a Comment

Overcoming the Healthcare Staffing Shortage Through Back-Office Automation

Today’s healthcare staffing shortage, fueled by the COVID-19 pandemic but years in the making, has left many hospitals and health systems scrambling.  To date, the shortage of front-line healthcare workers has received most of the attention, and for good reason: By 2025, the U.S. is likely to face a shortage of 446,300 home health aides; 95,000 nursing assistants; and 29,400 nurse practitioners, according to a report from consulting firm Mercer.  However, what is less appreciated
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How to Build Better Relationships with the Health Insurance & Payer Communities

by Dr. Jessica Badichek, Chief Informatics and Compliance Officer, MediTelecare 11/08/2022 Leave a Comment

How to Build Better Relationships with the Health Insurance & Payer Communities

Modern healthcare is an intricate dance between quality and quantity.  Payers and insurance providers want better patient outcomes due to the high cost of poor health, while health providers want to ensure their patients aren’t overlooked and are appropriately cared for.  To understand how we can satisfy the needs of both patients and payers, we’ll have to take a step back and look at the relationship between payer communities and telehealth services.  Behavioral
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Report: Virtual Care Still in ‘Wild West’ Days Sparking Confusion, High Optimism, Investment

by Syed Hamza Sohail 11/03/2022 Leave a Comment

Report: Virtual Care Still in ‘Wild West’ Days Sparking Confusion, High Optimism, Investment

What You Should Know: - A new "State of Virtual Care" report by Omada Health and Digital Medicine Society, in collaboration with Rock Health, reveals that buyers today are inundated with vendors labeling themselves “virtual care providers,” regardless of the care model they’re selling. This phenomenon is blurring their perception of V1C’s potential impact, and what that means for improvements in healthcare delivery and outcomes. - V1C solutions like Omada Health are changing the market,
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Cedar Launches Payer Intelligence Layer to Integrate Payer-Provider Data

by Syed Hamza Sohail 11/01/2022 Leave a Comment

Cedar Launches Payer Intelligence Layer to Integrate Payer-Provider Data

What You Should Know: - To address the systemic challenges consumers face when paying for healthcare, Cedar, an enterprise healthcare engagement platform that improves the end-to-end consumer financial journey, has developed the Payer Intelligence Layer. - With the Payer Intelligence Layer, Cedar can now integrate data from health insurers and healthcare providers to help create a single source of information for consumers managing medical bills. A game-changer for the healthcare industry,
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