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Primary Care | News, Analysis, Insights - HIT Consultant

CVS Health to Acquire Signify Health for $8B

by Fred Pennic 09/06/2022 Leave a Comment

Signify Health Shares Soar More Than 33% in IPO, Valuing Company at Over $7.12B

What You Should Know: - CVS Health announced it will acquire Signify Health for $30.50 per share in cash, representing a total transaction value of approximately $8B. - Signify Health's clinicians and providers can have an even greater impact by engaging with CVS Health's unique collection of assets and connecting patients to care how and when they need it. Advancing CVS Health’s Value-Based Care Long-Term Strategy Signify Health is a provider of Health Risk Assessments, value-based
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Why Healthcare Needs Tech-Enabled Human Intervention

by Thomas Ferry, Engooden Health President and CEO 09/06/2022 Leave a Comment

Why Healthcare Needs Tech-Enabled Human Intervention

There's a "perfect storm" facing healthcare today: Chronic disease prevalence, physician shortages, and a growing population aging into Medicare are set to overwhelm our healthcare system if action isn't taken. Over 133 million Americans have at least one chronic disease, and as that number continues to rise, delivering adequate care to these patients has never been more challenging. It's widely understood that factors beyond the clinic primarily influence health. Yet the expectation remains
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Infermedica Partners with Conversational AI Platform Hyro to Support Patient Triage

by Syed Hamza Sohail 08/31/2022 Leave a Comment

Infermedica Partners with Conversational AI Platform Hyro to Support Patient Triage

What You Should Know: - Infermedica – a leading digital health company specializing in AI-powered solutions for symptom analysis and patient triage – today announced a partnership with Hyro, a leader in plug-and-play conversational AI. - The partnership will enable healthcare organizations to support patients at the digital front door by utilizing Infermedica’s Medical Guidance Platform and early symptom assessment technology and Hyro’s industry-leading natural language
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AWS Names 10 Startups for 2022 AWS Healthcare Accelerator Cohort

by Jasmine Pennic 08/31/2022 Leave a Comment

AWS Names 10 Startups for 2022 AWS Healthcare Accelerator Cohort

What You Should Know: - AWS names the ten digital health startups selected for its AWS Healthcare Accelerator cohort, focused on health equity. - With the aim of reducing health disparities, these startups are increasing access to health services, addressing social determinants of health, and leveraging data to promote equitable and inclusive systems of care. 2022 AWS Healthcare Accelerator Program Details Over the course of the four-week program, these 10 startups will receive
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DeliverHealth Exec Talks Combatting Physician Burnout with Automation Tech & Data

by Fred Pennic 08/29/2022 Leave a Comment

DeliverHealth Exec Talks Combatting Physician Burnout with Automation Tech & Data

Provider burnout has shown no signs of slowing down in the past couple of years - a fact proven by a recent report found that 45% of physicians have been experiencing burnout over the past two years.  As providers and healthcare organizations continue to face burnout, staffing shortages and financial pressures, they must find a way to reduce administrative burdens while allowing for more time spent on patient care with an ultimate end goal of reducing burnout. We recently spoke with
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ONC and HRSA Launches USCDI+ Initiative to Support UDS Modernization

by Fred Pennic 08/29/2022 Leave a Comment

ONC and HRSA Launches USCDI+ Initiative to Support UDS Modernization

What You Should Know: - ONC and HRSA launches a new USCDI+ collaboration to support HRSA’s Uniform Data System (UDS) reporting through the UDS Modernization Initiative. - Last October ONC announced USCDI+, an initiative to support the identification and establishment of domain or program-specific datasets that will operate as extensions to the existing USCDI. In particular, ONC envisioned USCDI+ as a service that ONC would provide to federal partners who have a
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Plume Raises $24M for Gender-Affirming Virtual Care to Support Trans & Gender Diverse Community

by Fred Pennic 08/23/2022 Leave a Comment

Plume Raises $24M for Gender-Affirming Virtual Care

What You Should Know: - Plume, a provider of virtual care services purposefully designed for the health care needs of the transgender community raises $24M in Series B funding led by led by Transformation Capital with participation from General Catalyst and Townhall Ventures. - Plume plans to use the latest round of funding to fulfill its mission to transform health care for every trans life by creating access to high-quality, safe gender-affirming care. Expanding
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Oak Street Health Opens Ninth Center in Arizona

by Jasmine Pennic 08/23/2022 Leave a Comment

Oak Street Health Opens Ninth Center in Arizona

What You Should Know: - Oak Street Health, a network of value-based primary care centers for adults on Medicare and the only primary care provider to carry the AARP name, is now welcoming patients at the new Rolling Hills Square center at 7040 East Golf Links Road in Tucson. - This is Oak Street Health’s ninth center in Arizona. Oak Street Health Background Oak Street Health delivers personalized, preventive primary care through a model that was created to meet the unique needs of
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Health-Tech C2Q:22 Preview: 5 Key Driving Factors to Watch

by Syed Hamza Sohail 08/23/2022 Leave a Comment

Executive Insights: Top Healthcare Predictions & Trends to Watch in 2020

What You Should Know: - David Larsen, healthcare IT and digital health analyst at BTIG published a note highlighting his preview for health-tech Q2 earnings. - Given high inflation rates, costs for traveling nurses, and light volumes in 2Q:22, he is cautious on stocks that sell into the acute care market in the near term. An Overview According to the report, there are many macro headwinds that continue to affect the HCIT sector and the broader market, including inflationary pricing
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Telehealth Utilization Grew 10.2% Nationally in May 2022

by Fred Pennic 08/08/2022 Leave a Comment

Telehealth Utilization Grew 10.2 Percent Nationally in May 2022

What You Should Know: - In May 2022, for the second straight month, telehealth utilization, as measured by telehealth's share of all medical claim lines, grew nationally and in every US census region (Midwest, Northeast, South, West), according to FAIR Health's Monthly Telehealth Regional Tracker. - FAIR Health reports national telehealth utilization increased 10.2 percent, from 4.9 percent of medical claim lines in April to 5.4 percent in May. Regionally, the greatest increase
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KLAS Report: Epic's Native Ambient Speech Tool Reshapes Customer AI Strategies

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RevSpring to Acquire Kyruus Health, Creating a Unified Patient Experience

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