The COVID-19 pandemic has caused an unprecedented shift in the way consumers view and access a variety of goods and services—and healthcare is no exception. Recent studies show that many patients, including vulnerable populations like those living with cancer, are delaying recommended care and procedures—and will continue to do so for at least several months amid fears over the safety of in-person visits. In response, reports of providers adapting to offer care virtually are all the more
Read More
Physicians | Health IT Impact for Physicians | News, Analysis, Insights - HIT Consultant
Telehealth’s Time Has Come. And It’s Here to Stay.
“The numbers don’t lie,” is a famous old adage and quite appropriate with regard to the rapid rise and deployment of telehealth solutions in the medical community. It may have taken a global pandemic for society to recognize and investigate the rewards of its adoption, but statistics reveal that telehealth’s moment has indeed come. And it certainly seems like it’s here to stay.
How did we come so far, so fast? By undertaking forward-thinking policies and bold action, the health care industry
Read More
Cohere Health Launches with $10M to Increase Transparency Across Care Journey
What You Should Know:
- Boston-based health IT start-up Cohere Health announced the official launch of its company with a $10 million Series A funding round led by Flare Capital Partners.
- The company’s patient journey-focused platform improves the notoriously difficult prior authorization process and replaces an existing patchwork of legacy, siloed processes, and antiquated technologies that contribute to the enormous administrative burden for physicians and health plans.
- The end
Read More
Same-Day Pharmacy Delivery NowRx Raises $20M to Expand into Additional Territories
What You Should Know:
- Same day
pharmacy delivery startup NowRx raises $20 Million in Series B funding to expand
into new U.S. territories and accelerate its technology roadmap, transforming
the way consumers get their prescriptions.
-
NowRx’s competitive
advantage is its proprietary pharmacy management system, which leverages AI and
robotics to fill and deliver prescriptions in record time, including
interfacing with insurance, checking for drug
Read More
COVID-19 Infects Patient & Practitioner Demands, Unsettling the Future of Hospital Operations
Prior to the outbreak of COVID-19, the healthcare industry in the United States was in the midst of an intense refocusing on patient-centered care. This evolution was defined by a number of innovations, policies, and even federal reimbursement programs that prioritized emphasis on and impact on the patient experience. It led to changes in everything from the quality of hospital food, valet parking, and room amenities to fundamentally reimagined standards of care for even mundane procedures like
Read More
Caption Health Nabs $53M to Commercialize FDA-Cleared AI-Guided Ultrasound Technology
What You Should Know:
- Caption Health raises $53 million series B round to
fuel commercialization and expansion of its FDA-approved AI ultrasound
technology. This is on the heels of its receiving FDA clearance, designated as
a breakthrough technology to fight against COVID-19.
- As ultrasounds, especially cardiac ultrasounds, have
become increasingly important during a time of COVID when resources are
stretched, using AI to help more healthcare professionals take high-quality
images is
Read More
Medly Pharmacy Lands $100M to Expand Digital On-Demand Pharmacy Platform
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
Read More
Curavi Health, CarePointe, U.S. Health Systems Merge to Form Arkos Health to Power Virtual Care for Seniors
Curavi Health, CarePointe, U.S. Health Systems announced a merger agreement to form Arkos Health. Arkos Health will provide virtual care solutions and health insights to vulnerable populations across the United States. These three entities will become wholly-owned subsidiaries of Arkos Health, and the executive leadership teams will be merged. UPMC will continue to own a financial stake in Arkos Health, while remaining both a customer and service provider.
CarePointe, founded in 2015 and
Read More
7 Day Moving Average for COVID-19 Cases Is Up 148% Nationwide
What You Should Know:
- Nationwide, the seven-day moving average for COVID-19
cases is up 148% from June 7th to July 7th. In many states across the country,
the “curve” never flattened. Since June there hasn’t been a flattening effect,
but rather a significant spike in the number of COVID-19 cases.
- States hit hardest with new waves of COVID-19 cases
like Arizona, California, Texas and Florida have the highest percentage of
hospital beds occupied by patients with COVID-19. If there are
Read More
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
Read More
