Earlier this month Oracle closed its $28.3B acquisition of Cerner and shortly after Oracle founder and CTO, Larry Ellison, outlined Oracle’s vision for Healthcare IT post-acquisition. The key elements of this vision included: - Developing a solution for a national EHR database. - Leveraging this solution, and similar smaller-scale connected EHR initiatives, to provide life science, pharma and other users with a rich environment for research, clinical trials and drug
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Primary Care | News, Analysis, Insights - HIT Consultant
What Hospital Success Looks Like Under Value-Based Care
Hospitals are increasingly turning to value-based care initiatives to transform care delivery, lower the total cost of care, and improve patient outcomes. Unlike traditional fee-for-service (FFS) models that reimburse providers based on volume (i.e., the number of patient visits), providers are reimbursed based on the quality of care delivered in value-based care. Ultimately, success under these reimbursement models hinges upon seamless coordination between all stakeholders across the continuum
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Banner Health Launches Primary Care Health Plan in Northern Colorado
What You Should Know: - Banner Health is teamed up with the leader in value-based advanced primary care, Hue Health, to launch a new direct primary care health plan called 39North. - The plan is available to employers and employees based in Northern Colorado, and its name is based on the latitude line of the community it serves. Flume Health, a health-plan-as-a-service platform, handles all of the complex designing and managing of the 39North plan, so Banner and Hue can focus on what they
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Sesame Raises $27M to Expand Its National Healthcare Marketplace
What You Should Know: Sesame, the only company proven to lower the price of medical care for American consumers raises $27M in Series B financing to expand its national marketplace of high-quality, ultra-affordable medical care for all Americans, whether they are insured or not. - The round was led by GV (formerly Google Ventures) with participation from TeleSoft Partners and FMZ Ventures, alongside existing investors General Catalyst, Industry Ventures, Coefficient Capital, Giant
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K Health, Mayo Clinic Platform Launches Personalized Hypertension Treatment Algorithm
What You Should Know: - Clinical AI-powered healthcare company K Health announced today a new collaboration with Mayo Clinic’s digital healthcare initiative, Mayo Clinic Platform, which harnesses new knowledge, solutions and technologies to improve patients' lives. - Primary Care clinicians practicing on K Health’s virtual platform are now able to use a predictive model based on real-time insights from Mayo Clinic’s de-identified medical data to treat hypertension more accurately and
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Elation Health and Dock Health Partner Optimize Clinical Operations
What You Should Know: - Primary care EHR provider Elation Health and provider workflow management platform provider Dock Health announced an integration to significantly improve task management for already burnt-out providers. - More than 23,000 clinicians across Elation’s growing community can now fully leverage Dock for managing administrative tasks that complete healthcare faster, decreasing the administrative burden and empowering physicians with greater time for
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TytoCare & Carilion Clinic Partner to Expand Telehealth Offerings
What You Should Know: - TytoCare has partnered with Carilion Clinic, a not-for-profit health care organization serving Virginia’s Blue Ridge and Southwest Virginia regions. - The integration of TytoCare into Carilion’s current virtual care offerings enhances the health system’s ability to diagnose and treat patients remotely with in-depth, physical examinations during virtual visits. Shortage of Primary Care Physicians in Rural Communities Rural
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Is Telehealth Healthcare’s Biggest Cyber Threat?
It’s time to get used to seeing your doctor from a digital screen, as virtual care is projected to expand well into the future. And while telehealth technology has proven to be highly beneficial in supporting the shift to virtual healthcare, it has also introduced a host of new vulnerabilities and opportunities for security breaches. Cybercriminals have always preyed on the healthcare industry, but with this virtual transition, the substantial increase in connectivity and network exposure has
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Bicycle Health Secures $50M for Virtual Opioid Use Disorder Treatment
What You Should Know: Bicycle Health, a Boston, MA-based provider of virtual opioid addiction treatment raises $50M in Series B funding led by InterAlpen Partners, bringing the company’s total funds raised to $83 million. Other participants in the round include existing investors Questa Capital, Frist Cressey Ventures, and City Light Capital. Evidence-based, online suboxone treatment for opioid addiction Founded in 2017, Bicycle Health provides confidential, convenient and
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Aledade Raises $123M to Expand Value-Based Primary Care
What You Should Know: - Aledade, a Bethesda, MD-based provider of value-based primary care raises $123M in Series E funding to support investments in value-based care for more seniors covered by Medicare Advantage (MA) and innovation that improves patient care and increases medical cost savings, including expanded offerings through its new health services subsidiary, Aledade Care Solutions (ACS). Returning investor OMERS Growth Equity led the round, which also included Fidelity Management
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