What You Should Know: - DispatchHealth has secured an additional $200 million in a Series D round of funding led by Tiger Global. The additional financing brings DispatchHealth into the “unicorn” category and solidifies its valuation at more than $1.7 billion. - DispatchHealth’s new round of financing will allow the company to bring it’s model of in-home medical care to more than 100 markets across the country
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Hurdle Secures $5M for Digital Mental Health Platform for People of Color
What You Should Know: - Washington, D.C.-based Hurdle raises $5M in seed funding to accelerate its digital mental health platform for people of color. - Hurdle aims to provide an innovative teletherapy solution for employers and insurers; aims to remove barriers to mental health care for People of Color by rooting its services in evidence-based methods of cultural humility. Hurdle (formerly Henry Health), a Washington, D.C.-based innovative digital mental health platform company,
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DispatchHealth Raises $135.8M to Expand On-Demand In-Home Care Model
What You Should Know - Today DispatchHealth announced the closing of $135.8 million growth capital financing led by Optum Ventures and included participation from existing and new strategic investors. - The additional funding enables DispatchHealth to
continue to provide in-home medical care to even more vulnerable, high-needs
patients by growing its existing 19 markets, expanding to new markets, and
launching additional services. - Many health systems, including Renown Health and
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How Social Determinants of Health Will Impact the Future of Benefit Coverages
Do you have access to healthy foods, transportation to a doctor, high-speed internet for telemed appointments, or a roof over your head? These are assumptions that most of us take for granted, and are not the questions that insurers usually take into consideration. But, as they look to increase member outcomes and foster long-term customer loyalty, considering the changing needs of many consumers in the face of today’s current affairs, it’s time they did. In fact, forward-looking health plans
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Q/A: UnitedHealthcare Executive Talks Investment in Telehealth Innovation
Are
telehealth innovations the future of care delivery? Pat Keran, vice president
of product and innovation for UnitedHealthcare shared his insights and what’s
to come from the integration of telehealth innovations in the healthcare
landscape. It’s should be of no surprise that in today’s app-fascinated world that telehealth services are becoming increasingly popular both for consumers and employers. According to a recent report from the National Business Group on Health, 39 percent of
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N.J. Physician Group ACO Generates $6.4M in Medicare Savings
- Partners In Care ACO generated $6.4M in savings and is among top 3 performers statewide under Medicare Shared Savings Program in New Jersey. - While providing high-quality care for patients, Medicare is sharing a portion of these savings with the providers in return.Partners In Care Accountable Care Organization (ACO) generated $6.4 million in savings – an average of $546 per Medicare patient – in 2018. The savings are tracked by the Centers for Medicare and Medicaid Services (CMS), under the
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4 Areas Where Big Data is Transforming Healthcare Right Now
Leveraging technology in the right ways can make or break the future of healthcare. One of the ways that healthcare will become more efficient, more affordable, and save more lives is through the use of big data.
What is Big Data?
Big data refers to a large amount of information being digitized, consolidated, standardized, analyzed and modeled. In healthcare, big data uses specific statistics from a population or an individual to research new advancements, reduce costs, and even cure or prevent
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DispatchHealth Nabs $33M to Expand On-Demand Healthcare Model to High Acuity Patients
DispatchHealth (formerly known as True North Health Navigation), a Denver, CO-based provider of on-demand healthcare delivery to a patient’s home has raised $33 million in growth capital funding led by Echo Health Ventures, a strategic collaboration of Cambia Health Solutions and Mosaic Health Solutions. The funding also included participation from existing investors Alta Partners, Questa Capital and additional strategic investors.Founded in 2013 by two mobile health executives, DispatchHealth’s
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UnitedHealthcare, Dexcom Launch Wearable Glucose Management Pilot
UnitedHealthcare and DexCom, Inc., has announced a glucose management pilot program driven by wearable technology to help people with Type 2 diabetes in real-time. Eligible UnitedHealthcare Medicare Advantage plan participants can use the Dexcom Mobile Continuous Glucose Monitoring (CGM) System to track their blood glucose levels 24/7, enabling them to understand how their behaviors affect their glucose so they can take appropriate actions.The pilot program is part of UnitedHealthcare’s focus on
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United Healthcare, DrFirst Launch App to Tackle Med Adherence with Drug-Price Transparency
The high cost of prescription drugs is one of the top causes of patient medication non-adherence, resulting in avoidable emergency department and hospital admissions, as well as longer term poor patient outcomes. With the transition to value-based care finally becoming a reality, this challenge must be addressed — and quickly — by leading healthcare organizations. To address this critical issue, UnitedHealthcare and DrFirst has announced the launch of PreCheck MyScript, a new app that delivers
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