As we close out the year, we asked several healthcare executives to share their predictions and trends for 2021.
Kimberly Powell, Vice President & General Manager, NVIDIA Healthcare
Federated Learning: The clinical community will increase their use of federated learning approaches to build robust AI models across various institutions, geographies, patient demographics, and medical scanners. The sensitivity and selectivity of these models are outperforming AI models
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Value-Based Care| VBC-Related News, Analysis, Insights - HIT Consultant
Regence, MultiCare Health System to Deploy HL7 Da Vinci Member Attribution List for Value-Based Care Arrangements
What You Should Know:
- Regence and MultiCare ink first-in-the-nation value-based
care partnership to deliver improved health outcomes at lower costs.
Health insurance provider Regence
and MultiCare Health System,
an independent accountable
care organization (ACO) have partnered to deploy a first-in-the-nation value-based model
that delivers better health outcomes to members at lower costs while
simplifying administration for health care providers. Regence serves
approximately 3.1
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Highmark Inks 6-Year Partnership with Google Cloud to Power Living Health Model
What You Should Know:
- Highmark Health signs six-year strategic partnership agreement
with Google Cloud to transform the health experience for patients and
caregivers through the development of Highmark Health's new Living Health
Model
- The Living Health model is designed to eliminate
the fragmentation in health care by re-engineering the healthcare delivery
model with a more coordinated, personalized, technology-enabled experience.
Highmark Health and Google Cloud today announced
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M&A: Cedar Gate Acquires Deerwalk to Enhance Value-Based Care Analytics
What You Should Know:
- Cedar Gate acquires Deerwalk, an innovative population
health management, data management, and healthcare analytics software company
based in Lexington, Massachusetts.
- By acquiring Deerwalk, Cedar Gate expands its
employer-based offerings with the ability to actively engage employers and ASOs
as they manage rising healthcare costs. The combined suite of offerings
improves the patient experience and delivers financial sustainability.
Cedar Gate Technologies
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Despite COVID-19: Providers Should Not Lose Sight of MIPS Compliance
When 2020 began, no one anticipated that complying with the Merit-based Incentive Payment System (MIPS)—the flagship payment model of the Centers for Medicare & Medicaid Services (CMS) Quality Payment Program (QPP)—would look so different halfway through the year. Like many other things, the COVID-19 crisis has delayed, diverted, or derailed many organizations’ reporting efforts and capabilities. Lower procedure volumes, new remote work scenarios, and shifting priorities have taken attention
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Cityblock Health Reaches $1B Valuation, Raises $160M to Address Systemic Healthcare Inequity
What You Should Know:
- Cityblock Health, a transformative, value-based healthcare provider focused on improving healthcare outcomes for marginalized communities, today announced a $160M Series C round, bringing its total raised to $300M.
- Cityblock is a care delivery trailblazer working to right the injustices of a healthcare system that cycles vulnerable communities through frequent ER visits and hospital stays. Its tech-enabled model delivers primary care, behavioral care, and social
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Elation Health Nabs $40M for Clinical-First Solution to Power Independent Primary Care
What You Should Know:
- Elation Health, which provides an easy-to-use and affordable clinical technology platform for more than 14,000 independent primary care clinicians serving 7 million patients - including an EHR raises $40M in Series C funding from Al Gore's sustainable investment firm, Generation Investment Management.
- Elation’s API-enabled platform also allows
organizations to transform the patient and provider experience and implement
their own models of data-driven,
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PointClickCare Acquires Collective Medical for $650M to Create to Largest Combined Acute and Post-Acute Care Network
What
You Should Know:
-
PointClickCare announces its intent to acquire Collective Medical to create the
largest combined acute and post-acute care network in North America for $650M.
-
Collective Medical’s platform connects more than 1,300 hospitals, thousands of
ambulatory practices and long-term post-acute care (LTPAC) providers, as well
as accountable care organizations (ACOs) and every national health plan in the
country, across a 39-state network.
- With the acquisition of
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Recent Executive Hires: CVS Health New President, Cleveland Clinic/Amwell Joint Venture Leadership, Others
CVS Health Corporation names Neela Montgomery Executive Vice President and President of CVS Pharmacy/Retail, effective November 30, 2020. Montgomery will oversee the company's 10,000 pharmacies across the United States. Montgomery, currently a Board Partner at venture capital firm Greycroft, most recently served as chief executive officer of furniture retailer Crate & Barrel and has nearly 20 years of global retail experience.
The Cleveland Clinic and Amwell joint venture appoint
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Well Health Nabs $45M to Expand Intelligent Communications Hub
What You Should Know:
- WELL Health raises $45M in Series C funding to
transform patient communication for healthcare providers, payers, and ACOs.
- WELL Health enables conversations between patients and
healthcare organizations through secure, multilingual messaging in the
patient’s preferred communications channel: texting, email, telephone, and live
chat.
Well Health Inc., a Santa
Barbara, CA-based provider of patient communications, today announced a $45
million Series C
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