Today’s healthcare facilities are facing critical staffing problems. Over 19% of U.S. hospitals are experiencing staffing shortages, according to government data posted earlier this year. Caused primarily by the COVID-19 pandemic, nurses and doctors have left hospitals and healthcare clinics because of the dangerous, high-stress conditions. More recently, the U.S. saw rulings and changes that could affect an individual’s access to healthcare – driving more questions and concerns from patients
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Virtual Healthcare | News, Analysis, Insights - HIT Consultant
M&A: ReviveHealth Acquires Telehealth Company SwiftMD
What You Should Know: ReviveHealth, a whole health and integrated care company, has acquired SwiftMD, a virtual care services company with a strong physician network. - The acquisition was facilitated by Eir Partners, a Miami based private equity firm that invests in high growth healthcare companies. Eir Partners took a majority interest in ReviveHealth as a part of the transaction. SwiftMD Background SwiftMD is a digital virtual health company with the highest utilization rate
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Sharecare Launches Virtual Model of its Medicare-Reimbursable Cardiac Rehab Program
What You Should Know: - Sharecare, the digital health company that helps people manage all their health in one place, today announced Ornish Lifestyle Medicine by Sharecare, the company’s Intensive Cardiac Rehabilitation (ICR) program, is now available through a virtual delivery model. - Reimbursable through Medicare and many commercial plans, Ornish Lifestyle Medicine by Sharecare is the first and only ICR program scientifically proven in randomized controlled trials to often reverse the
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22 Executive Digital Health Predictions to Watch in 2023
Jon Bloom, MD, CEO and Co-founder of Podimetrics From a digital health perspective, 2022 was a reset year for many and a serious reality check. We went from sky high growth to the sky is falling, and in 2023 I think this market correction movement will continue forward. To me, the biggest surprise of 2022 was that despite the market tanking, digital health companies continued to truck forward with huge deals. This includes massive acquisitions like Amazon and OneMedical, as well as deals like
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17 Executive Hospital/Health System Predictions to Watch in 2023
Vijay Kedar, Co-Founder and CEO at Tomorrow Health Health systems will realize their challenges are not transitory but systemic: This year saw health systems facing a myriad of compounding threats – from historic inflation exacerbating their cost structures, front-line clinician burnout driving widespread labor shortages, and increased capacity issues that left patients in hospital facilities one full day longer than in the prior year. As the financial markets turned south, many institutions
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20 Executives Share Health IT Predictions to Watch in 2023
We asked several healthcare executives to share their health IT predictions and trends for 2023. Nate Maslak, the co-founder/CEO of Ribbon Health Data Personalization: 38% of consumers want more personalized and inclusive healthcare options. In 2023, we’ll see a greater shift towards healthcare enterprises prioritizing this personalization, by innovating their current data infrastructure to show a range of information that lets a patient make an educated care decision based on what
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5 Executives Share Their Behavioral Health Predictions for 2023
As the start of the new year kicks off, we asked 5 healthcare executives to share their top predictions and trends for 2023. Dr. Yusuf Sherwani, Co-Founder and CEO of Quit Genius Employers will expand SUD treatment for employees: For example, Cigna more than doubled Evernorth’s Behavioral Health Network in recent months, and employers are now the ones driving demand for better behavioral health benefits for their employees. Employees with substance use disorder have become a financial
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Omada Health, Intermountain, Castell to Establish Integrated, Virtual Care Option for Diabetes Management and Prevention
What You Should Know: - Omada Health and Castell, an Intermountain value-based care subsidiary, announced a first-of-its kind partnership – creating a new, integrated virtual care model to reach and help more at-risk patients through proven prevention and Diabetes programs. The new virtual care model expands the access of Omada’s Diabetes Prevention Program and Diabetes Program to patients and caregivers receiving care from Intermountain Healthcare’s primary care providers
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Backed by CVS Health, Array Behavioral Care Raises $25M for Virtual Psychiatry/Therapy
What You Should Know: - Array Behavioral Care, the nation’s leading virtual psychiatry and therapy practice, announced today the closing of its latest $25M equity round to further scale modern behavioral healthcare across the continuum, with CVS Health leading the round. Existing investors also joined the round and contributed additional capital. - The financing builds upon a long history between Array and CVS Health and opens doors to new levels of collaboration to expand access to
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KeyCare Completes $27M Round to Expand Epic-based Virtual Care Platform
What You Should Know: - KeyCare, Inc., the nation’s only virtual-first care platform built with Epic, announced the completion of its Series A funding round following new investments from Ziegler and two additional health systems. This expanded backing brings KeyCare's total Series A raise to over $27 million. - These investors join 8VC, LRVHealth, Bold Capital, and Spectrum Health Ventures in support of KeyCare's mission to improve patient access, expand
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