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Value-Based Care| VBC-Related News, Analysis, Insights - HIT Consultant

Aledade Raises $260M to Expand Services for Network of Primary Care Practices

by Fred Pennic 06/21/2023 Leave a Comment

Aledade

What You Should Know:  Aledade, a Bethesda, MD-based network of independent primary care practices raises $260M in a Series F funding round led by new investor Lightspeed Venture Partners, with participation from Venrock, Avidity Partners, OMERS Growth Equity, and Fidelity Management & Research Company.The new funding will be used to further accelerate the growth of Aledade’s primary care network and strategic alliances with national and regional health plans while continuing to
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Value-Based Care Versus Fee-for-Service: Understanding the Key Differences in Healthcare Models

by Ram Krishnan, CEO, Valant 06/16/2023 Leave a Comment

Value-Based Care Versus Fee-for-Service: Understanding the Key Differences in Healthcare Models

Value-based care and fee-for-service are two kinds of healthcare reimbursement models for pricing healthcare services. While the fee-for-service model is more traditional, the newer value-based care model has been gaining popularity in recent years.Historically, value-based care has been harder to implement in behavioral healthcare due to difficulty measuring outcomes—it isn’t as simple as physical health. But, lately, this has been changing with the help of technology. This has had an impact on
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FemTech: Pomelo Care Secures $33M for Value-Based Virtual Maternity Care Platform

by Jasmine Pennic 06/09/2023 Leave a Comment

FemTech: Pomelo Care Secures $33M for Value-Based Virtual Maternity Care Platform

What You Should Know:  Pomelo Care, an NYC-based value-based virtual maternity care platform that improves maternal and newborn health outcomes, announced $33M in Seed and Series A funding led by Andreessen Horowitz. The latest round brings its total capital raised to date to $33M. The company supports its patients from preconception through an infant’s first year with personalized and proactive 24/7 care from a dedicated, multispecialty team. Pregnancy & newborn care,
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Syntax Health Launches with $7.5M to Accelerate Value-based Care Alignment for Healthcare Plans and Providers

by Fred Pennic 06/08/2023 Leave a Comment

What You Should Know:  Syntax Health, Inc., an NYC-based enterprise SaaS-based solution for health plans and providers that accelerates alignment in value-based care (VBC) launches out of Redesign Health with $7.5M in initial funding.Syntax Health’s new dynamic platform removes friction in the contracting process using analytics, infrastructure and a collaborative Virtual Workspace. The team-centric enterprise solution drives transparency, collaboration and consistency, and facilitates
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Healthcare Software Investment: 5 Questions for Hospital C-Suite

by Brian Fugere, Chief Product Officer at symplr 06/01/2023 Leave a Comment

Healthcare Software Investment: 5 Questions for Hospital C-Suite

As hospitals and health systems continue to be stretched thin by negative operating margins, competitive pressures, and workforce shortages, decision-makers must do more with less and make strategic software investments to reduce costs and increase efficiencies in both the short and long term. Decision-makers agree that now is not the time to pull back on software investment: according to research from Bain & Company, 45% of providers have increased their software investments over the past
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Strive Health Secures $166M to Expand Value-Based Kidney Care Platform

by Jasmine Pennic 05/31/2023 Leave a Comment

Strive Health Secures $166M to Expand Value-Based Kidney Care Platform

What You Should Know:  Strive Health, a Denver-based provider of value-based kidney care today announced it has raised $166M in Series C funding led by NEA alongside five new investors, including large strategic investor CVS Health Venture.The company will use the new funds to grow and scale the business by expanding into new markets, investing in its existing payor, health system, nephrologist and medical group partnerships and refining its clinical value-based care model. Strive will
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Carrum Health Closes $45M Series B to Scale Oncology & Acute Surgical Care

by Fred Pennic 05/30/2023 Leave a Comment

Carrum Health Closes $45M Series B to Scale Oncology & Acute Surgical Care

What You Should Know: Value-based healthcare platform Carrum Health today announced an oversubscribed $45 million Series B financing led by OMERS Growth Equity.The funding will be used to scale the company’s oncology and surgical care service lines for self-insured employers through Carrum Health’s Centers of Excellence network.   Surgery and cancer care have never been better. Founded in 2014, Carrum Health is a value-based healthcare platform delivering higher quality care
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Why Adopting Value-Based Care Models for Autism Care Is Imperative

by Daniel Etra, CEO and Co-founder, RethinkFirst 05/24/2023 Leave a Comment

Adopting Value-Based Care Models for Autism Care Is Imperative

We all know the stark reality: rates of mental illness, substance use, and developmental disorders continue to rise in the U.S. and estimates show that 1 in 44 children are diagnosed with autism spectrum disorder (ASD).  Add to that the ongoing efforts to reduce stigma and it’s no surprise that the increased demand is overwhelming existing resources.  Improvements in both the efficiency and effectiveness of care and treatment are critical in addressing the crisis. Doing so
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What VBC Providers Demand From Their IT Solutions

by Rohinee Lal, Principal Analyst at Signify Research 05/16/2023 Leave a Comment

Value-based care (VBC) is a healthcare delivery model that differs from traditional fee-for-service because rather than compensating providers based on the number of services provided, it ties the amount providers earn to the results they deliver for their patients.  The quality of these healthcare services is measured by patient outcomes that are based on metrics such as rate of hospital readmission, timeliness of care, and overall patient satisfaction.  This VBC model holds providers
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Emcara Health Taps Innovaccer to Accelerate Scale in Value-Based Care

by Syed Hamza Sohail 05/02/2023 Leave a Comment

Emcara Health Taps Innovaccer to Accelerate Scale in Value-Based Care

What You Should Know: Innovaccer Inc. announced that Emcara Health, PopHealthCare’s national value-based medical group that delivers advanced in-home primary care for seniors and vulnerable populations, has selected Innovaccer’s Best in KLAS data platform to accelerate its ability to drive growth and rapidly scale Emcara Health’s integrated care solution to more communities nationwide.The Innovaccer data platform will enhance Emcara Health’s ability to create unified patient records that
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