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

Cardiogram’s Wearable Based Monitoring Tool Is Now Covered by Oscar

by Fred Pennic 04/26/2019 Leave a Comment

Cardiogram’s Wearable Based Monitoring Tool Is Now Covered by Insurer Oscar

Cardiogram is a digital health company announced that it's wearable-based monitoring for atrial fibrillation and diabetes is now covered by Oscar Health Insurance, without paying out of pocket. The coverage will help provide end-to-end preventive care: continuous wearable monitoring, convenient testing, contextualized results, and clinical triage.Impact of Chronic ConditionsFor chronic conditions like diabetes, atrial fibrillation, hypertension, and sleep apnea, anywhere between 20–80% of cases
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CPSI to Acquire Patient Engagement Company Get Real Health for $11M

by Fred Pennic 04/24/2019 Leave a Comment

CPSI to Acquire Patient Engagement Company Get Real Health for $11M

 CPSI, a community healthcare solutions company has reached an agreement to acquire Get Real Health, a Rockville, MD-based comprehensive patient engagement platform for $11 million in cash. CPSI is the parent of three companies – Evident, LLC, American HealthTech, Inc. and TruBridge, LLC. The acquisition will allow CPSI to advance their ability to care for patients outside the walls of a community healthcare facility.Value-Based Care Creating New Demands for Patient EngagementValue-based care
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Why 2018 May Have Been A High-Water Mark for Digital Health Funding

by Michael A Greely, Co-Founder & General Partner at Flare Capital Partners 04/24/2019 Leave a Comment

Pandemic Further Exposes Systemic Racism… Healthcare Technology Digital Health

Notwithstanding the quite significant stock market turmoil for publicly traded healthcare companies in recent months, the level of private investment activity continued to be quite strong this past quarter. According to Rock Health, 1Q19 registered just under $1.0 billion of investments made in 61 healthcare technology companies, which while below the trailing two year quarterly average of $1.4 billion, still suggests an annual investment pace running toward $4.0 billion. StartUp Health, which
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Plum Healthcare, Netsmart Partner to Develop Integrated Care Solutions for Senior Living

by Jasmine Pennic 04/24/2019 Leave a Comment

Plum Healthcare, Netsmart Partner to Develop Integrated Care Solutions for Senior Living

Plum Healthcare Group, a skilled nursing provider has inked a 10-year strategic partnership with health IT company Netsmart to develop integrated care solutions to enhance care delivery for senior living. This joint innovation-based partnership between a technology partner and a senior living provider will be a key component to support Plum as it expands into new service lines and offerings across more than 50 facilities throughout California and Nevada.Plum Healthcare/Netsmart Partnership
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PE Firm Considering Options Including Sale of RCM Provider Waystar

by Fred Pennic 04/23/2019 Leave a Comment

PE Firm Considering Options Including Sale for RCM Provider Waystar

Private multi-asset alternative investment firm Bain Capital is reportedly considering options including the potential sale of revenue cycle management (RCM) company Waystar, Bloomberg reports. In 2018, Bain rebranded RCM companies Navicure and ZirMed as Waystar after merging the two companies together in 2017.  Waystar Sale Could Value Company At More Than $3BBain has started early-stage discussions about a potential sale that could value the business at more than $3 billion, according to
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Innovaccer Launches AI-Powered Pediatric Care Management Solution

by Jasmine Pennic 04/22/2019 Leave a Comment

Innovaccer Launches Its Pediatric Care Management Solution

Innovaccer Inc., a San Francisco-based data activation company, today announced the launch of its Pediatrics Care Management solution specifically designed to bring the entire care network together to fulfill every child’s needs. The solution will assist pediatric care organizations in bringing together information that spans across multiple venues, clinicians, and stages of life.Pediatric-Specific Measures Are Not Widely AvailableValue-based payment reforms have made quite an impact on US
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AllyAlign Health Raises $10M to Power Value-Based Care for Seniors

by Fred Pennic 04/17/2019 Leave a Comment

AllyAlign Health Raises $10M to Power Value-Based Care for Seniors

AllyAlign Health, a Richmond-based developer and administrator of Medicare Advantage special need plans that benefit long-term care providers has raised $10M in strategic funding led by McKesson Ventures. Existing investors Heritage Healthcare Innovation Fund, Health Enterprise Partners and the LinkAge Fund also participated in the financing. This brings the total capital raised to over $41 million.AllyAlign Health BackgroundAllyAlign Health (AAH) began reforming the health system in 2014 by
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How Can Health System Command Centers Reduce Cost Growth?

by Scott Newton, DNP, RN, MHA, EMT-P, VP of Care Model Solutions at Teletracking 04/17/2019 Leave a Comment

How Can Health System Command Centers Reduce Cost Growth?

Scott Newton, DNP, RN, MHA, EMT-P, VP of Care Model Solutions at Teletracking  In our decentralized care landscape, health system command centers (HSCC) are coordinating high-quality care through complex and integrated delivery networks (IDN). Recently, command centers were recognized by KLAS and Gartner as a new model of care delivery with the potential to impact clinical, financial, and operational outcomes. That means in addition to improving routine health system operations—and increasing
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Value-based Care in America: A Table View of State-by-State Initiatives

by Fred Pennic 04/16/2019 Leave a Comment

Value-based care programs are flourishing across the U.S., with a seven-fold increase in the number of states implementing such initiatives in the past five years, according to a new Change Healthcare report. The report, Value-Based Care in America: State-by-State is the second national study of state healthcare payment programs that reveal 48 states have now implemented value-based care or payment programs, 50% of those programs are multi-payer in scope, and just four states have little or no
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Cityblock Raises $65M to Address Social Determinants of Health in Underserved Communities

by Fred Pennic 04/12/2019 Leave a Comment

Cityblock Raises $65M to Address Social Determinants of Health in Underserved Communities

Cityblock, a Brooklyn, NY-based company building sustainable, scalable systems that provide high-quality, cost-effective care for underserved populations with complex health needs has raised $65 million in Series B funding. The funding was led by Redpoint Ventures, 8VC (affiliate venture fund with Cambia Health Solutions and Blue Cross and Blue Shield of North Carolina), Echo Health Ventures and StartUp Health including existing investors Sidewalk Labs, Thrive Capital, Maverick Ventures, Town
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