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Primary Care | News, Analysis, Insights - HIT Consultant

Hospital Margins are Still in the Red Halfway Through 2022

by Fred Pennic 08/01/2022 Leave a Comment

Hospital Margins are Still in the Red Halfway Through 2022

What You Should Know: - U.S. hospitals, health systems, and physician practices continue to face historically high operating expenses that increased patient volumes and revenues could not counteract, leading to negative margins for the sixth straight month in 2022, according to data from Kaufman Hall’s National Hospital Flash Report and Physician Flash Report. - The median Kaufman Hall year-to-date operating margin index for hospitals was -0.09% through June, for a sixth
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Caption Health, Heartbeat Health Partner to Provide Access to Cardiac Care

by Syed Hamza Sohail 07/28/2022 Leave a Comment

Caption Health, Heartbeat Health Partner to Provide Access to Cardiac Care

What You Should Know: - Caption Health and Heartbeat Health today announced a partnership that will enable providers to offer their patients earlier access to cardiovascular care than ever before possible. - Together, the partners are increasing access to early cardiac evaluations and care by providing these two innovations as a value-based bundle for health providers, payers, and value-based care organizations. Improving Access To Cardiac Care Limited access to cardiac diagnosis and
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Linus Health Launches AI Platform to Detect, Delay Dementia

by Syed Hamza Sohail 07/28/2022 Leave a Comment

Linus Health Launches AI Platform to Detect, Delay Dementia

What You Should Know: - Linus Health launches the first iPad-based cognitive screening platform able to detect cognitive decline such as dementia years before the human eye could ever do so. - Linus is now offering a solution to empower PCPs to not only pinpoint cognitive issues in just minutes but also leverage AI to provide patients with evidence-based early interventions IPad-Based Brain Health Platform Projections estimate that the number of people in the US with Alzheimer's
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Primary Care EHR Elation Health Raises $50M to Support Independent Primary Care Practices

by Syed Hamza Sohail 07/27/2022 Leave a Comment

Elation Health Nabs $40M for Clinical-First Solution to Power Independent Primary Care

What You Should Know: - Elation Health, the clinical-first technology company powering innovation in primary care, announced a Series D financing round of $50M. The Series D round was co-led by Generation Investment Management and Ascension Ventures with participation from Threshold Ventures, Ascend Partners, and individual investors including Fay Rotenberg and Jonathan Bush. This new round brings Elation Health to $108.5M in total venture funding to date. -
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Dear Digital Healthcare: Let’s Do Better

by Michael Sheeley, Co-founder and CEO at Nurse-1-1 07/27/2022 Leave a Comment

Dear Digital Healthcare: Let’s Do Better

Digital transformation has increased healthcare access, but quality and consistency are lagging behind. A human touch – and some innovative thinking – can get us where we need to be. We weren’t prepared. But can you blame us? The healthcare industry has gone digital faster than anyone could’ve expected. Digital health options like telemedicine and online pharmacies existed before the pandemic. At some point, they would’ve naturally risen to prominence. COVID-19 forced us to stuff a
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Amazon to Acquire One Medical for $3.9B

by Fred Pennic 07/21/2022 Leave a Comment

Amazon to Acquire One Medical for $3.9B

What You Should Know: Today Amazon and One Medical announced that they have entered into a definitive merger agreement under which Amazon will acquire One Medical. Under terms of the agreement, Amazon will acquire One Medical for $18 per share in an all-cash transaction valued at approximately $3.9 billion, including One Medical’s net debt. One Medical Background One Medical is a human-centered, technology-powered U.S. primary care organization
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Canvas Medical Raises $24M for EMR & Payments Platform

by Syed Hamza Sohail 07/18/2022 Leave a Comment

Canvas Medical Raises $24M for EMR & Payments Platform

What You Should Know: - Canvas Medical, the EMR that enables clinicians and developers to power the future of care delivery, has raised $24M in Series B funding led by M13 with participation from Haystack and previous investors Inspired Capital, IA Ventures, Upfront Ventures, and Irongrey. - In addition to this funding, Canvas has achieved federal certification through the Office of the National Coordinator for Health Information Technology (ONC).  A Full-Stack Ambulatory EMR and
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athenahealth Alums Launches Fold Health: Digital Health Tech Stack For Primary Care

by Syed Hamza Sohail 07/14/2022 Leave a Comment

Athenahealth Alums Launch Fold Health: Modern Digital Health Tech Stack For Primary Care

What You Should Know: - A team of serial health tech entrepreneurs who sold their mobile EHR app to athenahealth has announced the launch of ed Fold Health, the first interoperable digital health tech stack for primary care. - Fold Health closed a round of $6M from former athenahealth CEO Jonathan Bush, SkyFlow CEO Anshu Sharma, Saama Technologies CEO Vivek Sharma along with Anand Chandrasekharan from General Catalyst, Mohanjit Jolly from Iron Pillar, Gokul Rajaram from Firebolt Ventures,
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$3.7 Trillion Reasons to Centralize Chronic Disease Management

by Ty Vachon M.D., Cofounder at Oatmeal Health 07/13/2022 Leave a Comment

3.7-Trillion-Reasons-to-Centralize-Chronic-Disease-Management

59% of all Americans (194 million) suffer from at least one chronic disease, and almost one in three adults has three or more chronic conditions.  Unfortunately, the problem will only get worse with time.  On the business front of chronic disease management, health care systems are already struggling with rising costs and uneven quality despite the hard work of well-intentioned, well-trained clinicians.  Health care leaders and policymakers have tried countless
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6 Success Strategies as CMS Drives More Accountable Care by 2030

by Siddharth Thakkar, VP, Product and Marketing at IKS Health 07/13/2022 Leave a Comment

6 Success Strategies as CMS Drives More Accountable Care by 2030

For the better part of a decade, the shift toward value-based care in the U.S. has been driven by the establishment of the Center for Medicare and Medicaid Innovation (CMMI). Working to develop, test and evaluate new payment and delivery models in Medicare, Medicaid and the Children’s Health Insurance Program, CMMI has taken aim at improving the provider experience, generating better patient outcomes and reducing the overall cost of care. Recently, CMMI stated that by 2030 every Medicare
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