What You Need to Know: - Leading eConsult platform RubiconMD raises $18M in Series C funding led by Deerfield Management Company to expand its product offerings to better serve primary care clinicians. - RubiconMD’s eConsult platform enables primary care clinicians to easily and quickly discuss their eConsults with top specialists, so they can provide better care–improving the patient experience and reducing costs. RubiconMD, an NYC-based eConsult platform providing access to
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Value-Based Health Care
UCLA Spin Out DEARhealth Lands $6M for AI-Powered Pathways for Chronic Care
DEARhealth, a health IT spin-out from the University of California, Los Angeles (UCLA) has raised $6.8 million in Series A funding to expand its AI-powered pathway platform for chronic care. Participants in the Series A funding round include Philips Health Technology Ventures, Vesalius Biocapital III and Health Innovations. DEARhealth was founded in 2011 by Daniel Hommes as a research project when a team of UCLA specialists designed a value-based care program for the management of chronic
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Using Telephonic Nurse Advice to Reduce Avoidable ED Visits
Delivering care in the right setting at the right time is a well-accepted tenet of value-based, population health management. Directing patients or members to the most clinically appropriate level of care promises not only to reduce costs but also to improve the member experience. Take, for instance, the emergency department (ED). While EDs are vitally needed facilities that save countless lives, the experience can be stressful for patients given that ED staff are often rushing to care for
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Value-Based Arrangements: 41% of Physicians Distrust Payers
According the recently conducted 2014 FTI Consulting Payer-Provider Survey, 41 percent of physicians not currently in a value-based arrangements say their biggest obstacle to entering into one is their distrust of payers. The study also found that only 16 percent of all physicians surveyed were willing to accept the financial risk – a key element of many value-based relationships sought by insurers. This lack of trust will be a huge hurdle for payers to overcome as they often cite physician
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Value-Based Health Care is Antithetic to Patient-Centered Care
Value-based health care is antithetic to patient-centered care. Value-based health care is also diametrically opposed to excellence, transparency and competitive markets. And value-based health care is a shrewdly selected and disingenuously applied misnomer. Value-based pricing is not a health-care innovation. Value-based pricing is why a plastic cup filled with tepid beer costs $8 at the ballpark, why a pack of gum costs $2.50 at the airport and why an Under Armour pair of socks costs $15.
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