A consumer desire for a personalized experience is converging with the healthcare consumerism trend to alter patient expectations for their relationships with caregivers. Wearable devices, IoT data, and healthcare apps that track sleep, diet, and exercise give consumers more insight and control of their overall health, and they increasingly view PCPs and healthcare professionals (HPs) as simply part of an overall healthcare journey. An important part, to be sure, but more like partners pursuing
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Social Determinants of Health (SDOH) | News, Analysis, Insights - HIT Consultant
What Hospital Success Looks Like Under Value-Based Care
Hospitals are increasingly turning to value-based care initiatives to transform care delivery, lower the total cost of care, and improve patient outcomes. Unlike traditional fee-for-service (FFS) models that reimburse providers based on volume (i.e., the number of patient visits), providers are reimbursed based on the quality of care delivered in value-based care. Ultimately, success under these reimbursement models hinges upon seamless coordination between all stakeholders across the continuum
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Walgreens Launches New Clinical Trial Business to Address Access & Diversity
What You Should Know:
- Walgreens today announced the launch of its clinical trial business to redefine the patient experience and increase access and retention in sponsor-led drug development research.
- Walgreens flexible clinical trial model combines the company’s vast foundation of patient insights, partner-enabled health and technology capabilities and in-person and virtual care options to break through barriers to engaging broader and more diverse communities.
Patient Recruitment
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Bicycle Health Secures $50M for Virtual Opioid Use Disorder Treatment
What You Should Know:
Bicycle Health, a Boston, MA-based provider of virtual opioid addiction treatment raises $50M in Series B funding led by InterAlpen Partners, bringing the company’s total funds raised to $83 million. Other participants in the round include existing investors Questa Capital, Frist Cressey Ventures, and City Light Capital.
Evidence-based, online suboxone treatment for opioid addiction
Founded in 2017, Bicycle Health provides confidential, convenient and
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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
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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Lightbeam Health Acquires Jvion AI and SDOH Solutions – M&A
What You Should Know:
– Lightbeam Health Solutions, Inc., a provider of population health management solutions and services has entered into an asset purchase agreement to acquire the operating assets related to Jvion, Inc., including Jvion’s market-leading AI-enabled prescriptive analytics and social determinants of health (SDoH) solutions.
-The strategic partnership combines Lightbeam’s health analytics and outcomes for payers and providers with the Jvion’s predictive technology.
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AWS Launches New Healthcare Accelerator Focused on Health Equity
What You Should Know:
- Amazon Web Services (AWS) today announced the launch of the next AWS Healthcare Accelerator—this year with a new focus on health equity. The Accelerator is open to startups with US operations and applications open today.
- This is part of AWS’s efforts to help organizations use the power of the cloud to help tackle the health equity gap – other efforts include the $40 million AWS Health Equity Initiative, which AWS also provided an
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CareFirst BCBS Launches Enterprise-Wide Social Risk Intelligence Strategy with Socially Determined
What You Should Know:
- CareFirst BlueCross BlueShield, the largest health plan in the mid-Atlantic region announces a first-of-its kind initiative with analytics company Socially Determined to use social determinants of health (SDoH) analytics across all business functions.
- Access to these actionable insights will support CareFirst’s mission to advance health equity and advocate for affordable, accessible, and quality care for members, employers and the communities they
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Delivering Patient-Centered Care Means Decluttering the Digital Health 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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