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Primary Care | News, Analysis, Insights - HIT Consultant

Scaling-Up Inclusive Healthcare Initiatives in Low- and Middle-Income Countries

by Fred Pennic 06/03/2022 Leave a Comment

Scaling-Up Inclusive Healthcare Initiatives in Low- and Middle-Income Countries

Non-communicable diseases (NCDs) are on the rise in low- and middle-income countries (LMICs), increasing the financial and health burden affecting these vulnerable populations. To reverse this trend will require not only resources, but also new business models for LMICs that can overcome the barriers patients face to receiving care, such as unaffordable, unavailable, or inaccessible healthcare services and treatments, and limited awareness of disease and preventative care. Over the past
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Rural Provider Homeward Forms In-Market Partnership with Rite Aid to Support Seniors in Underserved Communities

by Jasmine Pennic 06/02/2022 Leave a Comment

Rural Provider Homeward Forms In-Market Partnership with Rite Aid to Support Seniors in Underserved Communities

What You Should Know: - Homeward, the comprehensive rural care provider network launched by former Livongo titan, Dr. Jenny Schneider, has announced a partnership with Rite Aid to deliver onsite care to rural Americans, starting with Medicare. - Homeward’s work with Rite Aid will also support the pharmacy retailer’s recently announced plans to double-down on pharmacy services, with increased focus on expansion in underserved communities. This is also Rite Aid’s first push to bring real
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CareMax Acquires Steward Health’s Medicare Value-Based Care Business for $25M

by Fred Pennic 06/02/2022 Leave a Comment

CareMax Acquires Steward Health’s Medicare Value-Based Care Business for $25M

What You Should Know: - CareMax, a tech-enabled provider of value-based care to seniors announced an agreement to acquire the Medicare value-based care business of Steward Health Care System for a combination of cash and stock. - CareMax will pay $25 million in cash and issue 23.5 million shares of CareMax’s Class A common stock to the equity holders of Steward at closing, subject to customary adjustments. In addition, CareMax will fund a Medicare receivable to Steward covering accounts
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Hint Health Raises $45M To Expand Direct Primary Care (DPC) Network

by Fred Pennic 06/01/2022 Leave a Comment

Hint Health Raises $45M To Expand Direct Primary Care (DPC) Network

What You Should Know: - Hint Health, a direct primary care (DPC) provider raises $45M led by Banneker Partners and Frist Cressey Ventures. - The investment will support the growth of Hint’s operating system technology for core customers and an expansion of its national DPC network, Hint Connect. Hint Health will also use the investment to increase services that support innovative virtual-first care models and near-site / on-site clinics that directly contract with
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CVS Health Launches New Virtual Primary Care Platform

by Fred Pennic 05/26/2022 Leave a Comment

CVS Health Launches New Virtual Primary Care Platform

What You Should Know: - CVS Health launches of its new Virtual Primary Care solution on a single digital platform for a more coordinated and consumer-centric health care experience. - The new offering, which is being sold to Aetna fully-insured, self-insured plan sponsors, and CVS Caremark clients now, will become effective for eligible Aetna members starting January 1, 2023, and for eligible CVS Caremark members during the second quarter of 2023. It
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KAID Health Raises $4.25M for AI-Powered Provider/Payer Whole Chart Analysis Platform

by Fred Pennic 05/24/2022 Leave a Comment

KAID Health Raises $4.25M for AI-Powered Provider/Payer Whole Chart Analysis Platform

What You Should Know:  KAID Health,makers of anartificial intelligence-enabled clinical analysis and provider engagement platform,today announced its $4.25M in Series A funding bringing their total capital raised to $6.45M. - The funding will fuel growth of the provider/payer platform that integrates with the electronic medical records (EMR) to identify high-value tactical care and coding interventions. The company will also expand its Boston, MA office and will hire new team
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Greater Good Health Raises $10M for NP-Centered Primary Care Model

by Fred Pennic 05/18/2022 Leave a Comment

Greater Good Health Raises $10M for NP-Centered Primary Care Model

What You Should Know: - Greater Good Health, the company redefining value-based care through the first primary care model centered around nurse practitioners (NPs) raises $10 million funding round led by LRVHealth, with participation from Martin Ventures, Health Velocity Capital and more.  - Committed to providing NPs with the tools they need to be successful, Greater Good Health offers access to a network of peers, training and development content and personal wellness experiences. The
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HealthQuest Capital Closes $675M for Fund IV to Invest in Transformational Healthcare Companies

by Fred Pennic 05/18/2022 Leave a Comment

HealthQuest Capital Closes $675M for Fund IV to Invest in Transformational Healthcare Companies

What You Should Know: - HealthQuest Capital, a sector specialist capital firm focused on companies optimizing value in healthcare, today announced the close of HealthQuest Partners IV, L.P., at its hard cap of $675M . - The oversubscribed fund will enable HealthQuest to continue to invest in growth-stage companies that are revolutionizing the healthcare industry. Providing Growth Capital to Companies Transforming Healthcare Founded in 2013 by Garheng Kong, a physician, scientist, and
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Delivering Patient-Centered Care Means Decluttering the Digital Health Landscape

by Simon Mathews, MD, Chief Medical Officer, Pager 05/17/2022 Leave a Comment

Delivering Patient-Centered Care Means Decluttering the Digital Landscape

Digital health companies (DHCs) and their solutions continue to grow at a rapid pace. This is in part being fueled by the record funding for DHCs, with over $29 billion for US-based companies in 2021 alone. As a result, patients are inundated with solutions from every direction – from employers, health plans, and directly through consumer-oriented apps and wearables. Physicians are also getting into the mix by directly prescribing digital therapeutics. On the surface, the blossoming of the
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Coping with Crises: Using Telemedicine to Deliver Effective Virtual Critical Care

by Lisa Lindgren, Senior Vice President at Avel eCare 05/09/2022 Leave a Comment

Coping with Crises: Using Telemedicine to Deliver Effective Virtual Critical Care

The COVID-19 pandemic has proven that telemedicine is essential for keeping the healthcare system running during a crisis. How can virtual critical care keep improving to help providers manage future emergency events? In early 2020, as the nation’s healthcare system almost buckled under the weight of the COVID-19 pandemic, providers searching for a way to stay connected to their patients turned to telemedicine.  Primary care providers and specialists embraced virtual care, thanks to a
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