What You Should Know: - KeyCare, Inc., the nation’s only virtual-first care platform built with Epic, announced the completion of its Series A funding round following new investments from Ziegler and two additional health systems. This expanded backing brings KeyCare's total Series A raise to over $27 million. - These investors join 8VC, LRVHealth, Bold Capital, and Spectrum Health Ventures in support of KeyCare's mission to improve patient access, expand
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94% of Consumers are Satisfied with Virtual Primary Care
What You Should Know: - For people who have used virtual primary care, the vast majority of them (94%) are satisfied with their experience, and nearly four in five (79%) say it has allowed them to take charge of their health. The study included findings around familiarity and experience with virtual primary care, virtual primary care and chronic conditions, current health and practices, and more. - As digital health technology continues to advance and the healthcare industry evolves, many
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PwC’s Health Services 2023 Deals Outlook – Volume Remains Resilient Against Headwinds
What You Should Know: - While megadeals, trading multiples and overall deal values in the health services sector have not been immune to interest rate hikes and recessionary fears, PwC’s 2023 Health Services Deals Outlook report released recently forecasts a strong year ahead. - Increasing transaction volumes and players embracing value-based care—coupled with large levels of corporate cash and private equity dry powder—are leading to continued expansion for deal volumes in 2023. Trends
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83% of Patients Provided Duplicate Health Info at a Doctor’s Office
What You Should Know: - New data from Carta Healthcare shows 83% of patients have had to provide the same health information or duplicate health information at a doctor’s office. 42% of Americans spend six minutes or more recounting past medical history at their doctor’s appointments due to a lack of integrated data processes. - This data reveals the direct impacts of inefficient data collection within the healthcare system on patients as doctors are spending too much time inputting
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3 Types of Data Are Transforming Clinical Care Through Cellular-based RPM
As the healthcare industry continues to embrace new technologies, remote patient monitoring (RPM) is becoming established as a way to help chronic patients remain in their homes with health supervision to prevent unnecessary hospital admissions and visits to the emergency department, urgent care facility, or physician’s office. RPM has been known for its ability to monitor a patient’s vital signs in near real-time and provide quantitative data to their care team over
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Baptist Health Taps TytoCare to Enhance Virtual Care to Patients
What You Should Know: - TytoCare has partnered with Baptist Health, a full-spectrum health system, to bring Tytocare’s virtual care solutions to patients in Kentucky and Indiana. - As part of the partnership, Baptist Health will integrate TytoCare’s Home Smart Clinic solution into its current telehealth offering, enhancing the health system’s ability to diagnose and treat patients with in-depth, remote physical examinations during virtual visits, including urgent
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RNSA22: Konica Minolta Transforms The Future of X-Ray in Latin America
What You Should Know: - Konica Minolta Healthcare Americas unveils KDR® Primary U-arm Digital Radiography (DR) and mKDR Xpress™ Mobile X-ray systems in select Latin American countries. - Chosen by numerous healthcare facilities throughout North America, the KDR Primary and mKDR Xpress will complement Konica Minolta’s existing portfolio of CR systems, DR retrofit solutions and PACS throughout the region. Additionally, both systems are designed for future integration of Dynamic
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Walgreens-Backed VillageMD to Acquire Summit Health for $9B
What You Should Know: Primary care provider, VillageMD has entered a definitive agreement to acquire Summit Health-CityMD, a provider of primary, specialty and urgent care in a blockbuster M&A deal valued at $8.9 billion with investments from Walgreens Boots Alliance (WBA). The combined company will create a multi-payor platform to deliver quality, affordable care for all patients and will enhance WBA’s robust portfolio of leading, integrated healthcare offerings across the care
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HealthTap Launches Eval360 for Health Plans to Expand PCP Care for Members
What You Should Know: - HealthTap, the leading virtual primary care provider, announced today the official launch of Eval360, an innovative product for health plans that enables HealthTap’s primary care doctors to conduct comprehensive virtual medical evaluations and easily share useful health data back with those partner plans, by providing a 360-degree view of a member’s health status. - HealthTap completed a successful beta period for Eval360 for over 15,000 seniors through its
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Consumers Prefer Telehealth Over In-Office Visits for Routine Care
What You Should Know: - The popularity of telehealth remains strong – and even the top choice among consumers needing routine medical care, according to a recent survey of individuals who previously had at least one telehealth visit. - Regardless of the type of virtual care, nearly all participants of the survey, sponsored by KeyCare, stated it was important that both their regular doctor and their telehealth provider had access to their health records for sharing critical data such
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