1) COVID-19 Has Driven Revenue Up 77%
The headline revenue data (summarised below) provides very positive news for AmWell and its new investor, Google. Notably:
- Even prior to COVID-19, the company was growing well with revenues increasing by 31% in 2019 compared to 2018.
- This rate of growth has accelerated in 1H20, with overall revenue up 77% in the same period in 2019.
- The 2019 growth was partly driven by a small increase in the number of health plan subscription customers and
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risk
Keck Medicine of USC Deploys Virtual Check-Ins to Reduce Risk of COVID-19 Exposure
What You Should Know:
- Keck Medicine of USC, a world-class academic medical
center in Los Angeles, has deployed Lumeon’s SMS-based virtual check-in
solution to support physical distancing and reduce the risk of COVID-19
exposure at its facilities.
- Keck Medicine is now more safely managing check-ins for more than 80,000 patients per month. During the first ten days of system operation, 67% of eligible patients checked-in virtually for their appointments.
To support physical
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How Can Health IT Address Socially Determined Risk amid COVID-19?
Many have argued that the COVID-19 pandemic is a “black swan”: a catastrophic event that can only be understood with the benefit of hindsight. While there is some appeal to this observation, the originator of the black swan theory, Naseem Taleb, strongly refutes this assertion. He counters that COVID-19 was a “white swan”—a predictable event with predictable consequences.
New federal data shows that Latinos and African Americans living in the US are three times as likely to become
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Blue Shield of CA Launches Digital “Neighborhood Health Dashboard” for Public
What You Should Know:
- Blue Shield of California and mySidewalk unveil innovative
“Neighborhood Health Dashboard” to help improve community health across the state.
- The Neighborhood Health Dashboard uses data intelligence from dozens of sources to create a comprehensive picture of a community’s health including health outcomes, preventative health care, utilization and access, health behaviors, social risk factors, and environmental and economic health conditions.
Blue Shield of
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Why EHR Interoperability is Critical for Telehealth
Telehealth has recently taken off as a way to prevent the spread of the novel coronavirus, but even though telehealth has been around for several years, clinics had difficulty adopting it pre-COVID-19. This caused clinics to not view telehealth as a viable option, and it was often seen as a last resort approach to healthcare.
As reducing the spread of COVID-19 became paramount, Medicare and Medicaid were forced to develop telehealth service codes, and clinics were tasked with finding an
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FCC, HHS, and USDA Team Up for Rural Telehealth Initiative Task Force
What You Should Know:
- Agencies sign a memorandum of understanding to establish an interagency Rural Telehealth Initiative Task Force comprised of representatives from each agency to keep rural Americans connected to vital health services.
The Federal Communications Commission
(FCC), U.S. Department of Health and Human
Services (HHS), and U.S. Department of
Agriculture (USDA) today announced that they have signed a Memorandum
of Understanding to work together on the Rural Telehealth
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Elevate Health Taps Innovaccer to Automate Care Management Processes
What You Should Know:
- Innovaccer has recently partnered with Elevate Health
to strengthen care management in Washington. Innovaccer’s solution set will be
part of a broader population health stratification toolkit Elevate Health is
fashioning to achieve a comprehensive and data-agnostic ecosystem supporting
improved health outcomes.
- Elevate Health’s partnered care coordinators, in both
clinical and social services settings, will be able to use InCare, Innocaccer’s
automated care
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New Voice-Based App Enables Behavioral Health Measurement Anytime, Anywhere
What You Should Know:
- Ellipsis Health launches new voice-based Rising
Higher app, enabling behavioral health measurement anytime, anywhere.
- The
HIPAA-compliant platform facilitates longitudinal visibility into behavioral health symptoms
for enhanced clinical decision support.
Ellipsis Health,
pioneer of the first commercial-grade voice-based vital signs to
quantify and manage depression and anxiety symptoms at scale, has announced
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How Contactless Technologies Can Propel Healthcare Towards the Future
With the continued spread of COVID-19, health organizations around the world are accelerating their adoption of tech solutions that mitigate the need for physical contact between healthcare providers and patients. Contactless innovations like automated robots and the Internet of Things (IoT) not only reduce the spread of disease in medical facilities, though; they also have the potential to improve overall organizational performance due to their advanced data-collecting and protecting
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Verily Forms New Subsidiary Focused on Employer Stop-Loss Through Precision Risk
What You Should Know:
- Alphabet’s Verily has established a new subsidiary,
Coefficient, with a mission to create value by combining innovative health
technology solutions with new insurance and payment models. Verily is the
majority shareholder and Swiss Re Corporate Solutions, an established player in
the employer stop-loss market, has a minority stake in the new company.
- Coefficient will enter a segment of insurance called
employer stop-loss. Employer stop-loss typically protects
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