The first quarter of 2021 has been one of investor optimism as the vaccine rollout continues ahead of expectations and economic activity begins to accelerate in response. Within the Health IT industry, the already strong investment and M&A trends seen in 2020 have only accelerated. Over the course of the quarter, we observed $7 billion in private equity and venture capital investment across 158 companies. By comparison, Q1 of 2020 saw $3.2 billion and 127 investments. Health IT
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Unite Us and Metro United Way Invests $1M Towards Financial Efforts in Greater Louisville Area
What You Should Know: - Enterprise coordinated care network provider, Unite Us, makes a combined $1 million investment with Metro United Way for help towards pandemic struggles and social upheaval in the Greater Louisville metro area. - Funds will provide housing-related costs and support for Louisville residents impacted both by the COVID-19 pandemic and persistent, historical inequities. - Financial support will come in the form of both rental/mortgage payments and flexible cash
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Unite Us Nabs $150M, Reaching $1.6B Valuation to Address Social Determinants of Health
What You Should Know: - Unite Us, the tech company creating coordinated care networks nationwide, has just announced a $150M Series C round of funding led by ICONIQ Capital, bringing its valuation at $1.65 billion. - Unite Us is leading the care transformation movement towards whole-person health with its core product, Unite Us Platform, an outcome-focused coordination software sconnecting community-based organizations with health care providers, health plans,
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Virginia Gov Announces $10M in CARES Act Funding to Create Statewide Coordinated Care Network
What You Should Know: - The governor of Virginia announced that the state
will allocate $10 million from the federal CARES Act to
implement a statewide integrated technology platform, Unite Virginia designed
to connect vulnerable Virginians to crucial health and social services. - Unite Virginia will utilize the Unite Us platform to create
a statewide coordinated care network to help government
agencies,
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Unite Us, CVS Health, Humana & Ochsner Health Partner to Expand Social Care Throughout Louisiana
What You Should Know: - Unite Us today announced its Unite Louisiana
network has partnered with CVS Health, Humana, and Ochsner Health in an effort
to expand and improve community health and social care throughout the state. - New partners will enable Unite Louisiana, the statewide
social care network, to further expand into more parishes and broaden access to
care in response to COVID-19 challenges. Unite Us, the technology company
building coordinated care networks
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Addressing Social Determinants of Health: IT Solutions to Engage Community Resources
What You Should Know: - The latest report from Chilmark Research examines the
new approaches and tools for utilizing community resources that can address
social determinants of health, giving providers the ability to extend care
beyond the confines of the clinic. - This research indicates that the next two years will largely bring an expansion of product capabilities with slow and steady growth in implementation as the market better defines key variables and sets standards for
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Unite Us Expands Social Determinants of Health Platform to 6 States
What You Should Know: - Unite Us, the tech company building coordinated care
networks nationwide announced a significant expansion to its partnership with
Nebraska Health Information Initiative (NEHII), a health information exchange,
to six additional states. - This growing partnership aims to break down existing obstacles between
clinical and social service providers to allow for improved SDoH workflows, comprehensive,
whole-person care with trackable outcomes and data, and the creation
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Unite Us Acquires SDoH Data Analytics Company Staple Health to Expand Capabilities
What You Should Know: - Unite Us acquires social determinants of health (SDoH)
analytics company Staple Health to greatly expand its valuable predictive data
analytics capabilities. - Predictive analytics and outcome data are essential as
Unite Us supports local communities, addressing needs and providing proactive
social care infrastructure where it is lacking. - The acquisition of Staple Health brings 10 years of
data experience and a database of 270M individuals, with notable
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Social Determinants of Health Trends in 2020: The End of the Beginning?
2020 will mark the end of the beginning of Social Determinants of Health (SDoH).
One would be remiss not to give pause and to consider how much time it has taken to get to this pivotal period in US health and healthcare delivery and, focus on the cornerstone “why” healthcare must, with a fierce urgency, step into the twenty-first century of US healthcare delivery. Meaning, it has taken nearly seventy years to go from the World Health Organization identifying the profundity of SDoH influence on
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CB Insights Unveils ‘Digital Health 150’ List of Startups Transforming Healthcare
- CB Insights unveils first-ever annual ‘Digital Health 150’ list of digital health startups working to transform the healthcare industry. - The Digital Health 150 companies span a wide spectrum of categories that involve all three key stakeholder groups for the healthcare industry — providers, payers, and patients. - A total of 17 companies on the list are unicorns (private companies valued at $1B+). Of these, 12 companies are US-based, 3 are based in China, 1 is based in France, and 1
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