What You Should Know:
- Clarify Health, a cloud analytics and value-based payments platform company, announced today that it secured $150 million in Series D financing. SoftBank Vision Fund 2 led the round and was joined by funds and accounts managed by BlackRock and Memorial Hermann Health System, along with existing investors Insight Partners, Spark Capital, KKR, Aspenwood Ventures, Rivas Capital, and Sigmas Group.
- This newest round of funding comes on the heels of the
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Value-Based Care| VBC-Related News, Analysis, Insights - HIT Consultant
Analysis: US Ambulatory EHR Market Shake-Up at HIMSS 2022
During, and in the run-up to, HIMSS earlier this month there were several announcements from US EHR vendors that will shake up the US EHR market, particularly in the ambulatory segment. These included:
- Allscripts’ announcement that it is to sell its Sunrise, Paragon, TouchWorks, Opal, dbMotion, STAR and HealthQuest business to Harris Computer Corp.
- Meditech’s announcement that Expanse Ambulatory is to be made available to independent and physician-owned practices, alongside its
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UHG’s Optum Acquires Home Health Business LHC Group for $5.4B
What You Should Know:
- UnitedHealth Group subsidiary Optum has agreed to acquire LHC Group, a national patient-focused provider of high-quality in-home health care services for $5.4 billion ($170 per share).
- The acquisition will further strengthen their shared ability to advance value-based care, especially in the comfort of a patient’s own home.
Extend Value-Based Care into Patients’ Homes
The combination of LHC Group with Optum Health, which works
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Brightside Health Raises $50M for Personalized Anxiety & Depression Care
What You Should Know:
- Today, Brightside Health announced it raised a $50M Series B, led by ACME Capital and Mousse Partners, bringing its total funding to $75M to date.
- The funding will help Brightside expand access to high-quality mental healthcare to more people across the country, enhance the platform, forge new partnerships, and grow as a team, from about 57 now to an expected 175 later this year.
Brightside Health, a telemedicine platform that offers fast access to
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Cityblock Health Names Co-Founder Dr. Toyin Ajayi as CEO
What You Should Know:
- Cityblock Health, a value-based healthcare provider for Medicaid, dually-eligible and lower-income Medicare beneficiaries appoints co-founder Dr. Toyin Ajayi to CEO. Co-founder Iyah Romm is stepping down as CEO but will continue serving as a member of the board.
- Dr. Ajayi most recently served as president, where she oversaw the company's growth and clinical model. As CEO, Toyin will help lead the next stage of Cityblock’s growth and further its vision of an
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Fresenius Health Partners, InterWell Health, and Cricket Health Announce $2.4B Merger
What You Should Know:
- Cricket Health is announcing today that it will merge with Fresenius Health Partners (the value-based care arm of Fresenius), and InterWell Health, to form the nation’s premier, value-based kidney care provider with a totally new model of addressing kidney disease. The new company will operate under the InterWell Health brand and is valued at $2.4B.
- Together, Fresenius Health Partners, InterWell Health, and Cricket Health will drive innovation and industry
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Lyniate and NextGate Merge to Enhance Interoperability
What You Should Know:
Lyniate, a leader in healthcare data interoperability, has announced a merger agreement with NextGate, a pioneer in Enterprise Master Person Index (EMPI). Financial details were not disclosed.
- This strategic combination will help meet increased market demand for more advanced interoperability solutions that address data quality as well as data-sharing, furthering Lyniate’s commitment to building connections for a healthier world.
Merger Deepens
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Clarify Health Acquires Embedded Healthcare, Behavior Change Platform
What You Should Know:
- Clarify Health, leading cloud analytics and value-based payments platform company, just announced its acquisition of Embedded Healthcare - a behavior change platform company created by notable healthcare leaders such as Dr. Ezekiel Emanuel to scale value-based care for health plans.
- The announcement marks the company’s second acquisition in 6 months and represents Clarify Health’s deep commitment to further build out its technology and cement its
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Why Medicaid Programs Need to Update Their Information Systems
You don’t have to be a news junkie or political aficionado to know that state unemployment information systems massively failed during the COVID-19 pandemic at a time when they were most desperately needed.
Overwhelmed by a rush of newly laid-off workers, websites crashed and timed out while phone lines were tied up for hours, leading to frustration and delays in benefits payments – harming local economies and imperiling American families.
In Ohio, unemployment overpayments reached
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GHX Acquires Syft, AI-Powered Hospital Supply Chain Platform
What You Should Know:
- Today GHX announced its acquisition of Syft, a leading provider of AI-enhanced inventory control and end-to-end supply chain management software and services.
- As a wholly-owned subsidiary of GHX, Syft joins GHX’s value-based care division’s growing portfolio of solutions that help modernize the supply chain.
Modernizing Healthcare Supply Chain to Overcome COVID-19 Related Challenges
As health systems shift to value-based care as well as overcome
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