What You Should Know: - PointClickCare, a cloud-based healthcare software for the long-term and post-acute care (LTPAC) market) announced a new partnership with Sound Physicians, a national physician partner to hospitals, post-acute providers, physicians' groups and payers to offer a fully integrated virtual health solution to U.S. LTPAC providers. - The partnership between PointClickCare and Sound Physicians will deliver
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Unique Factors to Consider When Selecting Enterprise Data Platforms for Virtual Healthcare Apps
Developing virtual healthcare solutions is a daunting task. As a healthcare technology solution provider targeting the remote care market, you’re required to have both the clinical and the technological expertise needed to design, build and integrate a complete solution that can address the challenges with virtual patient care and monitoring. Today’s digital healthcare solution for remote care is powered by software and data. Or more specifically, the reliable acquisition and management
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4 Hurdles On The Road to Hybrid Healthcare – Digital Transformation
COVID-19 forced healthcare organizations to make a huge leap forward in their digital transformation roadmaps. Although many companies had plans on the books to advance telemedicine, the crisis revealed that virtual care is not only possible but in many cases is also preferred by patients. Virtual care also offers an opportunity to enhance the patient experience, improve population health, reduce costs and improve the work-life of healthcare providers -- the quadruple aim of
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Virtual Health Clinic for Women & Families Maven Reaches $1B Valuation
What You Should Know: - Maven, a New York City-based virtual health clinic for women and families announced it has raised $110M in Series D funding co-led by Dragoneer Investment Group and Lux Capital, with participation from BOND and existing investors Sequoia, Oak HC/FT, and Icon Ventures. Maven also welcomed Oprah Winfrey as an investor in its Series D round. - This brings Maven’s total funding to more than $200M at a valuation north of $1B-- making them the only unicorn in women’s and
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T-Mobile, Zyter Partner to Deliver Virtual Healthcare for Underserved Communities
What You Should Know: - T-Mobile and Zyter are partnering to bring virtual healthcare solutions — including telehealth and remote patient monitoring and care team collaboration — to more healthcare organizations and their patients, providing access to virtual care for underserved communities. - Under the terms of this agreement, Zyter and T-Mobile will collaborate to deliver integrated healthcare solutions to existing and potential T-Mobile customers nationwide. - Together, the
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4 Ways Health Systems Need To Reinvent Themselves to Compete
For about a decade, digital health has been slowly winning the battle against healthcare’s slow pace of change. Digital found an unexpected ally in Covid, as the pandemic forced health systems to adopt virtual solutions wholesale. As we start to come out on the other side, though, some health systems are contemplating returning to the status quo, especially as they’re feeling acute financial strain. The majority, however, understand that the pandemic constitutes a sea change in the
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OpenLoop Raises $3M to Expand Digital Health Marketplace for Clinicians
What You Should Know: - Techstars-backed OpenLoop raises $3M in funding to expand digital health marketplace to connect certified clinicians to telehealth opportunities. - The company plans to use the funding to This financing enables OpenLoop to expedite the development of their marketplace technology and grow their team of experts. OpenLoop, a Des Moines, Iowa-based virtual health company based in today announced their oversubscribed seed round financing of $3 million led by an
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11 Best Practices of a Successful Care Model Transformation Plan
Health systems across the country will require a plan to react to government deep spending cuts and revenue shortfalls due to the COVID-19 pandemic. Hospital services have seen a significant downturn in demand in 2020, and the recent resurgence in cases has led to further decreases. The public health emergency has also resulted in innovation, most notably telehealth, which has been granted temporary pay parity during the pandemic. Still, hospitals and health systems face a year of losses, but
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IoMT Is Improving Patient Access: We Must Avoid Creating New Barriers
The Internet of Medical Things (IoMT) is changing the face of healthcare and has the potential to significantly improve patient access as well as system efficiencies. The adoption of telemedicine, for example, spurred on by the Covid-19 pandemic, has spread rapidly. Forrester revised its forecasts to predict that virtual care visits in the United States will soar to more than one billion this year—including 900 million visits related to Covid-19 specifically. Likewise, in the United Kingdom,
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12 Telehealth & Virtual Care Predictions and Trends for 2021 Roundup
Dr. Paul Hain, Chief Medical Officer of GoHealth Telehealth is Here to Stay in 2021 Prior to the pandemic, telehealth was a limited ad-hoc service with geographic and provider restrictions. However, with both the pandemic restrictions on face to face interactions and a relaxation of governmental regulations, telehealth utilization has significantly increased from thousands of visits in a week to well over a million in the Medicare population. What we’ve learned is that telehealth allows
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