There has been frequent reporting about the problem of provider workforce shortages within hospitals and health systems and the related burnout experienced when working in high-stress situations during the Covid-19 pandemic. There are pre-existing and contributing patient flow challenges that have been exacerbated by the pandemic, which can lead to burnout, and therefore are worth discussing.
Exposing the Problem
The extent of provider burnout over the course of the pandemic is well
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post-acute care
3 Senior Living Providers Merge to Form Curana Health
What You Should Know:
- Three leading organizations that provide healthcare services to senior living communities – Elite Patient Care, Provider Health Services, and AllyAlign Health – have joined forces to form Curana Health. Curana Health’s mission is to improve the health, happiness, and dignity of senior living residents. The Curana Health ACO is a value-based care program for original Medicare beneficiaries.
- The combined Curana Health organization spans 26 states and over 1000+
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Element5 Secures $30M to Expand Automation for Post-Acute Care
What You Should Know:
- Element5, the world’s first Automation-as-a-Service solution purpose-built for post-acute care, today announced that it has raised $30 million in a Series B funding round led by Insight Partners. With the closing of the Series B funding round, Element5 has raised $48.5M in total capital to date.
- This investment will strengthen Element5’s position and enable the company to continue the disruption of the health care industry’s $400B post-acute
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How Digitizing HR Operations Alleviates Burnout & Increases Retention in Healthcare
Human resources (HR) leaders in healthcare are facing an uphill battle with the Great Resignation heavily impacting staffing levels across organizations of all sizes. The healthcare sector has been among the hardest-hit industries by the Great Resignation due to the increased pressure and burnout among frontline workers that are facing almost three years of a global pandemic. The situation is even more dire among the post-acute and senior living care industries. According to recent research, the
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IntelyCare Secures $115M for Intelligent Nurse Staffing Platform at $1.1B Valuation
What You Should Know:
– IntelyCare, a leading intelligent workforce management solution for post-acute facilities raises $115M to solve the nationwide nurse shortage.
– IntelyCare plans to build on this momentum by using the new funding to expand its footprint to new states and invest heavily in its AI-based platform and data science technology.
IntelyCare, a Quincy, MA-based tech-enabled nurse staffing platform for healthcare organizations announced it has secured $115M in a Series C
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CDC Selects PointClickCare to Provide De-Identified Patient Data for Long-Term/Post-Acute Care Facilities
What You Should Know:
-Today, the U.S. Centers for Disease Control and Prevention (CDC) has selected PointClickCare, a provider of cloud-based healthcare software for the long-term and post-acute care market to provide a key data source for understanding COVID-19 and other threats impacting residents of long-term care facilities.
- Under the agreement, PointClickCare will provide the CDC with comprehensive, de-identified patient data for residents of long-term and post-acute
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Humana Acquires Integrated Post-Acute Care Provider onehome – M&A
What You Should Know:
- Humana Inc. announced that it has signed a definitive agreement to acquire integrated post-acute care provider One Homecare Solutions (“onehome”) from WayPoint Capital Partners (WayPoint), the private equity affiliate of a New York-based family investment office.
- The acquisition will further advance Humana’s strategy to build a value-based home health offering.
- Founded in 2013, onehome is a provider of a variety of home-based services, as well as a convener
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Q1 2021 Health IT/Digital Health PC/VE, M&A, IPOs/ SPACs Activity
The first quarter of 2021 has been one of investor optimism as the vaccine rollout continues ahead of expectations and economic activity begins to accelerate in response. Within the Health IT industry, the already strong investment and M&A trends seen in 2020 have only accelerated. Over the course of the quarter, we observed $7 billion in private equity and venture capital investment across 158 companies.
By comparison, Q1 of 2020 saw $3.2 billion and 127 investments. Health IT
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Apriss Health Acquires Care Coordination Platform PatientPing
What You Should Know:
PatientPing, a comprehensive care collaboration platform focused on behavioral health and substance use disorder., today announced that it has entered into a definitive agreement to acquire care coordination platform Appriss Health.
- Together, PatientPing and Appriss, backed by Clearlake Capital Group, L.P., and Insight Partners, will represent the largest and most diverse care collaboration network connecting nearly 1 million healthcare providers to one another and
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Treat in Place: Protecting Nursing Home Patients From Hospital Readmission
A night doctor’s dilemma
Five years ago, I was practicing medicine in a rural hospital in North Carolina as a nocturnist, when I received a call from an Emergency Room (ER) doctor. “Hey, it’s Blake. Room 7. Demented. UTI,” he says, and hangs up.
I was struck by the abrupt and sparse communication—no detailed report. Not even a name. Charged with admitting and caring for patients, I head downstairs and find myself in room 7 where an elderly woman with a blown IV and no family around is
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