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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Value-Based Care| VBC-Related News, Analysis, Insights - HIT Consultant
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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WellSky Acquires TapCloud, Health AI Platform to improve Patient Engagement
What You Should Know: - Today, Wellsky announced the acquisition of TapCloud, a virtual, interoperable, and AI-driven patient engagement platform that allows patients to share symptoms and other health data with providers via virtual visit technology, secure messaging, and remote symptom screening protocols. - Frequent communication between patients, clinicians, and payers is critical to providing quality care and delivering on value-based care. TapCloud’s interoperable, AI-driven platform
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HealthEdge, CitiusTech Partner to Enhance Offerings to Health Plans
What You Should Know: HealthEdge announced a strategic partnership with CitiusTech for joint go-to-market implementation and consulting services for HealthEdge solutions. HealthEdge is also working closely with FluidEdge Consulting, the healthcare consulting subsidiary of CitiusTech, to enhance adoption of the HealthEdge platform across health plans, through proven implementation frameworks and a global delivery model. Why It Matters for Health Plans With more than 6,000
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Memora Health Nabs $40M to Scale Virtual Care Delivery Platform
What You Should Know: - Memora Health, a San Francisco, CA-based technology platform for virtual care delivery and complex care management, today announced the completion of a $40 million financing led by Transformation Capital with participation from Andreessen Horowitz, Frist Cressey Ventures, Edward Elmhurst Health, AlleyCorp, and others. As part of the financing, Todd Cozzens, Managing Partner at Transformation Capital, will join Memora's board. - Memora continues to rapidly grow with
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