What You Should Know: Lucem Health, a Mayo Clinic Platform portfolio company, has closed a Series A venture capital funding round of $7.7M led by Mayo Clinic, Granger Management and Mercy (St Louis).Lucem Health helps clinical AI innovators transform data science into innovative, trusted solutions that can detect diseases earlier and optimize care delivery, positively impacting patient lives, improving the physician and provider experience, and ultimately producing improved
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Physician Practices
5 Key Trends Driving Purchasing Decisions in Healthcare IT
As the healthcare industry continues to evolve and transform with providers facing increasing financial burdens and dynamic patient expectations, Signify Research has had the opportunity to speak to 100s of C-suite health IT executives and departmental decision-makers. Our conversations with these healthcare leaders have provided greater insight into their organizations’ technology and business strategies. It has also illuminated their views on the industry’s most pressing issues. Here are
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Electronic Transactions Can Benefit Partnership Among Physicians, Insurers and TPAs
The patient is at the center of the healthcare experience, and rightfully so. However, a strong case can be made to place the physician at the center. After all, it’s the physician who diagnoses and treats the patient. Insurance companies and third-party administrators (TPAs) also have critical roles to play in the care experience, bringing together networks of physicians, specialists, surgery centers, hospitals, ambulatory care centers, and more to create a comprehensive care experience for
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Force Therapeutics Now Available in AWS Marketplace
What You Should Know: - Force Therapeutics, a full-suite digital care management platform, announced today its availability in AWS Marketplace, a curated digital catalog that makes it easy for customers to find, buy, consume, and manage third-party software, services, and data that customers need to build solutions and run their businesses. - Through AWS Marketplace, health systems, physician practices, and ambulatory surgical centers will now be able to enjoy the simplified procurement
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Economic Certainty: Creating Revenue Cycles that Can Weather Any Storm
Staffing shortages, inflation and operational margin—it’s what keep financial leaders in today’s physician practices up at night. And while there is a perfect storm of challenges brewing that has the potential to wreak havoc on bottom-line performance, the reality is that provider organizations don’t have to settle for a posture of defense. It is all too often the case that when unexpected challenges arise, today’s healthcare organizations find themselves reacting to circumstances. For
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UpStream Raises $140M to Expand Value-Based Care Model Nationwide
What You Should Know: - Value-based care provider UpStream raises $140M in Series B funding co-led by Coatue and Dragoneer with additional participation from other top healthcare and technology investors, including Avidity Partners, Define Ventures and Mubadala. This round brings its total funding to nearly $185M to date. - UpStream supports physicians operating under full-risk, value-based arrangements who are providing care to seniors on Medicare with an integrated platform that
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Should I Get Another Booster? How Doctors Can Help Patients Navigate the Next Phase of COVID-19
The general consensus is that COVID-19 in some form is here to stay. As people come to terms with this reality, primary care providers may be getting more questions from patients – especially older and immunocompromised ones – asking for advice on how to handle different situations. Should I get another booster? Can I start traveling? Is it OK to go to a wedding next weekend? How cautious do I need to be in social settings? The answers to these questions aren’t always clear. A lot depends on
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The Desire for Cost Savings Driving Key Trends in Healthcare Market
The healthcare market underwent significant changes during the pandemic as patients rethought how they received care, including opting for more telehealth and deferred elective procedures, but patient care is now normalizing as patients return to the office. However, payers are working to reduce the cost of care to reel in healthcare costs and keep premiums lower to remain competitive, driving key changes. Ambulatory Surgery and Home Care Surgeries are increasingly moving away from
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Should I Get Another Booster? How Doctors Can Help Patients Navigate the Next Phase of COVID-19
The general consensus is that COVID-19 in some form is here to stay. As people come to terms with this reality, primary care providers may be getting more questions from patients – especially older and immunocompromised ones – asking for advice on how to handle different situations. Should I get another booster? Can I start traveling? Is it OK to go to a wedding next weekend? How cautious do I need to be in social settings? The answers to these questions aren’t always clear. A lot depends on
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How Service Line Alignment Can Improve Cost Savings for Health Systems
Healthcare leaders continue to face new and complex challenges in a constantly evolving landscape, including staffing and capacity constraints, product shortages, and rising costs. These shifting demands change the expectations put on hospitals when it comes to both patient care and financial performance. As we’ve observed, this uncertainty was further amplified by the COVID-19 pandemic, which shined a light on many opportunities for improved financial and clinical operations across the
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