What You Should Know: - PointClickCare announces its intent to acquire Collective Medical to create the largest combined acute and post-acute care network in North America for $650M. - Collective Medical’s platform connects more than 1,300 hospitals, thousands of ambulatory practices and long-term post-acute care (LTPAC) providers, as well as accountable care organizations (ACOs) and every national health plan in the country, across a 39-state network. - With the acquisition of
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Senior Care
How Care Coordination Technology Addresses Social Isolation in Seniors
Senior isolation is a health risk that affects at least a quarter of seniors over 65. It has become recognized over the past decade as a risk factor for poor aging outcomes including cognitive decline, depression, anxiety, Alzheimer’s disease, obesity, hypertension, heart disease, impaired immune function, and even death. Physical limitations, lack of transportation, and inadequate health literacy, among other social determinants of health (SDOH), further impair access to medical and mental
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Intermountain, Sanford Health Signs Intent to Merge
What You Should Know: - Intermountain Healthcare and Sanford Health sign a letter of intent to merge that will created a combined health system employing more than 89k people at 70 hospitals and 435 clinics across seven states. Intermountain Healthcare and Sanford Health, one of the nation’s leading systems in rural health care delivery and clinical research, have signed a letter of intent to develop a strategic partnership. The boards of both not-for-profit organizations approved a
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CareLinx, Doctor On Demand Partner to Bring In-Home Virtual Care to Seniors
What You Should Know: - Doctor On Demand and CareLinx, one of the largest professional networks for in-home care, have announced a collaboration to bring in-home virtual care services to CareLinx clients. - At a time when seniors have been encouraged to stay home to avoid exposure to COVID, Doctor On Demand’s partnership with CareLinx will vastly improve their opportunity to receive comprehensive healthcare while remaining safe. After being the first and only
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CareAcademy Lands $9.5M for Online Training Platform for Senior Care
What You Should Know: - CareAcademy raises $9.5 million in Series A funding to expand its online training platform for senior care professionals to deliver the highest caliber of service and improve the lives of older adults. - Series A round signals massive market opportunity as CareAcademy seizes a greater share of online caregiver training; brings total company funding to more than $13 million. CareAcademy, a Boston, MA-based home care & home health workforce empowerment
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Uniper Launches Cross-Platform Service to Address Social Isolation for Older Adults
What You Should Know: - Uniper-Care Technologies announced its new cross-platform service that enables older adults and at-risk individuals in isolation to connect and engage with healthcare professionals, access live and interactive health and wellness programs, and communicate with family and friends. - The service is designed to help the at-risk, older adult population and healthcare systems cope and adhere with the new world order of extensive social isolation due to the
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Best Buy Launches New Medical Alert Device & App for Seniors
- Today, Best Buy Health launched its new Lively app and medical alert device, the Lively Wearable2 designed to help older adults live safely, actively and independently. - The new Lively app gives older adults easy, one-touch access to urgent response services via their smartphone, quickly connecting to help if an emergency occurs. Best Buy Health, today announced the availability of its new Lively app by Great Call that gives older adults easy, one-touch access to 5-Star Urgent
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3 Ways IoT Sensors Can Improve Care for Aging Populations
- As the aging population grows, IoT-sensors and enabled devices can fill in the gaps where families lack visibility and nurses lack time or resources. Healthcare has arrived at a critical inflection point. Baby boomers, the largest living generation of 72 million people, are reaching the age where they require more care. This surge in seniors coincides with other care-related variables, including Baby Boomers’ evolving lifestyle expectations and the current nursing shortage. Providers,
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3 Trends Driving Healthcare Mergers & Acquisitions (M&A) Activity in 2020
Livingstone’s Ryan Buckley shares insights behind the prevalent healthcare M&A trends of 2020 and its impact on U.S healthcare. The New Year often brings with it an essence of transformation. This year, U.S. healthcare’s metamorphosis is now more than a decade old, as it continues to shed its antiquated legacy systems and siloes to embrace a different kind of entity—one that hopes to establish weight in value-based care at a scale robust enough to substantiate it.
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Papa Raises $10M to Expand “Grandkids on Demand” Platform to Address Social Isolation in Seniors
- Papa raises $10M in Series A funding to expand “grandkids on-demand” platform to help reduce social isolation in seniors. - Adds partnerships with multiple large health insurance plans, including Humana, Aetna, Priority Health and Alignment Healthcare. - Papa will use the funding to expand its services to a broader population of older adults, via partnerships with additional insurance plans and employee benefits provider.Papa, a digital health company that provides “grandkids on demand” to
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