What You Should Know: – Today, Komodo Health is capping off a month-long flurry of activity by announcing the launch of its Prism and Sentinel solutions — opening up access to its Healthcare Map to drive the next generation of AI innovation. – Prism and Sentinel allows life sciences… Read More »Komodo Health Launches Next-Gen AI to Accelerate Innovation and Close Gaps in Care
The first quarter of 2021 has been one of investor optimism as the vaccine rollout continues ahead of expectations and economic activity begins to accelerate in response. Within the Health IT industry, the already strong investment and M&A trends seen in 2020 have only accelerated. Over the… Read More »Q1 2021 Health IT/Digital Health PC/VE, M&A, IPOs/ SPACs Activity
Though telehealth will continue to account for a large portion of healthcare IT budgets in 2021, there are other technology-based services driving provider interest. These range from cloud deployment to vaccine scheduling solutions as providers navigate the new landscape created by the Covid-19 pandemic.
England’s largest NHS Trust, Barts Health, is rolling out a new data analytics app that it says will improve patient care at its five London hospitals. The WeInform app will be used by more than 16,000 employees at the hospitals and various community units, including… Read More »Barts Health puts real-time mobile data into staff hands
What You Should Know: – Komodo Health announces $220M Series E investment to advance its enterprise healthcare and life sciences platform. At a $3.3 billion valuation, the investment underscores the company’s rapidly growing role as a foundational enterprise technology platform helping to drive digital transformation across the healthcare… Read More »Komodo Health Secures $220M for Life Sciences Data Platform at $3.3B Valuation
The health technology company’s valuation skyrocketed to $1.3 billion following its latest funding round. It plans to use the new funds to launch Innovaccer Health Cloud, which will aggregate and normalize data from different systems and support the development of interoperable apps.
Moha Desai, Principal, Healthcare Strategy & Transformation 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… Read More »11 Best Practices of a Successful Care Model Transformation Plan
Giri Rajaiah, Executive Leader, Vice President, Healthcare & Life Sciences, DISYS As the saying goes, necessity is the mother of invention. A similar correlation is seen in the quest to leverage innovation and out-of-the-box thinking to address key problems facing the healthcare industry. The ongoing… Read More »How Automation is Key to the Future of Healthcare Operations
Data analytics startup Verana Health struck a partnership with Janssen Research & Development. They’ll focus on exploring better treatments for diabetic retinopathy and macular edema.
What You Should Know: – NeuroFlow raises $20M to expand its technology-enabled behavioral health integration platform, led by Magellan Health. – NeuroFlow’s suite of HIPAA-compliant, cloud-based tools simplify remote patient monitoring, enable risk stratification, and facilitate collaborative care. With NeuroFlow, health care organizations can finally… Read More »NeuroFlow Secures $20M for Tech-Enabled Behavioral Health Integration Platform
Six months after rebranding from BHE, Panalgo has won a contract to supply the European Medicines Agency (EMA) with its IHD data analytics platform, pledging to streamline its public health efforts. IHD – or Instant Health Data – will be used by the EMA to… Read More »EMA will use Panalgo software for real-world data analytics
What You Should Know: – UnitedHealth Group has reached an agreement to acquire Change Healthcare in a deal valued at more than $13 billion, marking the first major acquisition of 2021. – Change Healthcare will be combined with OptumInsight to advance a more modern, information,… Read More »UnitedHealth Group Acquires Change Healthcare to Combine with OptumInsight for $13B
Teladoc Health and Livongo Merge The combination of Teladoc Health and Livongo creates a global leader in consumer-centered virtual care. The combined company is positioned to execute quantified opportunities to drive revenue synergies of $100 million by the end of the second year following the… Read More »2020’s Top 20 Digital Health M&A Deals Totaled $50B
What You Should Know: – Philips acquires BioTelemetry, a U.S. provider of remote cardiac diagnostics and monitoring for $72.00 per share for an implied enterprise value of $2.8 billion (approx. EUR 2.3 billion). – With $439M in revenue in 2019, BioTelemetry annually monitors over 1… Read More »M&A: Philips Acquires Remote Cardiac Monitoring BioTelemetry for $2.8B
What You Should Know: – Data analytics and digital health company MDClone announced a partnership with the Department of Veterans Affairs’ (VA) VHA Innovation Ecosystem to democratize data and provide better, smarter, faster healthcare to U.S Veterans. – By leveraging MDClone’s data platform, the VHA… Read More »VHA Innovation Ecosystem Taps MDClone to Leverage Synthetic Data for Faster Healthcare to Veterans
What You Should Know: – H1, the largest database of information on every doctor in the world raises $58M in Series B funding, just six months after raising its Series A round during the pandemic. – H1 is the largest database in the world connecting… Read More »H1 Secures $58M to Expand Global Healthcare Data Platform
Emad Rizk, M.D., President, CEO & Chairman of the Board, Cotiviti As 170 research teams race to develop a vaccine for COVID-19, some that are in late-stage approvals have seen recent progress, but it is still not yet clear when a vaccine will become widely… Read More »Gleaning Insights for COVID-19: Why Claims and Clinical Data Matter
Jenifer Leaf Jaeger, MD, MPH, Senior Medical Director, HealthEC Senior isolation is a health risk that affects at least a quarter of seniors over 65. It has become recognized over the past decade as a risk factor for poor aging outcomes including cognitive decline, depression,… Read More »How Care Coordination Technology Addresses Social Isolation in Seniors
What You Should Know: – Change Healthcare launches national data resource on social determinants of health (SDoH) for doctors, insurers and life sciences organizations to better understand the connection between where a person lives and how they live their life to the care a patient… Read More »Change Healthcare Unveils Social Determinants of Health Analytics Solution
What You Should Know: – Centene Corporation acquires AI healthcare analytics platform Apixio to additional data and AI capability to technology portfolio. – Apixio will remain an operationally independent entity as part of Centene’s Health Care Enterprises group to continue bringing value to its clients… Read More »M&A: Centene to Acquire AI Healthcare Analytics Platform Apixio
What You Should Know: – Nuance Communications, Inc. announced the Kettering Health Network has selected ED Guidance for Nuance Dragon Medical Advisor. – This AI-powered computer-assisted physician documentation (CAPD) solution will help reduce physicians’ administrative burden while lowering the risk of adverse safety events, missing… Read More »Kettering Health to Deploy Nuance’s AI-Driven Physician Documentation for ED
What You Should Know: – Today, FundamentalVR, global pioneers in immersive VR surgical skills training and skills data analytics, announced the expansion of its surgical specialty capabilities with the addition of ophthalmology. The new capabilities allow it to support medical device and life science companies… Read More »FundamentalVR Expands VR Surgical Capabilities to Ophthalmology
XRHealth appoints Deepa Javeri as CFO and is significantly expanding their US headquarters. XRHealth, a Boston, MA-based provider of extended reality therapeutic applications and XR telehealth services, today announced Deepa Javeri – a seasoned, global financial expert and executive – has been named Chief Financial Officer effective immediately. Javeri’s… Read More »XRHealth Appoints Deepa Javeri as Chief Financial Officer
What You Should Know: – Revenue cycle management provider Waystar acquires eSolutions, a provider of Medicare and Multi-Payer revenue cycle management, workflow automation, and data analytics tools at a $1.3B valuation. – The acquisition will create the first unified healthcare payments platform with both commercial… Read More »Waystar Acquires Medicare RCM Company eSolutions at $1.3B Valuation
What You Should Know: – Lumeon, the leader in care pathway orchestration announced it has raised $30M in Series D funding to extend the reach of its Care Pathway Management (CPM) platform. – The platform empowers providers to improve care quality, deliver better outcomes, reduce… Read More »Lumeon Lands $30M to Expand Care Pathway Management Platform
Addressing Covid-19 is a data problem – here’s how the data community is harnessing healthcare data to solve it
Data can allow us to improve our public health response to the pandemic, but only if we enable data scientists with the right tools to harness those datasets.
Blue Shield of CA Taps Cricket Health to Offer AI-Driven, Personalized Kidney Care Plans for Members At No Cost
What You Should Know: – Blue Shield of CA and kidney care provider Cricket Health announced a partnership to offer a personalized, virtual, multidisciplinary care available for members with kidney disease or kidney failure at no extra cost – By offering remote care, via phone… Read More »Blue Shield of CA Taps Cricket Health to Offer AI-Driven, Personalized Kidney Care Plans for Members At No Cost
What You Should Know: – To help meet the needs of ambulatory care practitioners in a post-COVID environment, Greenway Health, a leading health information technology, and services provider, today announced a new strategic partnership with Amazon Web Services (AWS). – Leveraging AWS cloud services, Greenway… Read More »Greenway Health Taps AWS to Develop Cloud-Based, Data Services Platform
What You Should Know: – In the age of COVID-19, healthcare CIOs cite interoperability, cybersecurity, and operationalizing SDOH data priorities as top three priority areas, according to the third annual LexisNexis focus group of CHIME executives. – The survey results also highlighted the importance of… Read More »Top 3 Priority Areas for Healthcare CIOs in the Age of COVID-19
What You Should Know: – Emtiro Health, an innovative population health company in North Carolina has selected Innovaccer to deliver data-powered solutions to enhance the efficiency and effectiveness of care delivery. – Powered by Innovaccer’s FHIR-enabled Data Activation Platform, Emtiro Health will create unified patient… Read More »Emtiro Health Taps Innovaccer to Leverage the FHIR-Enabled Data Activation Platform
With public and private healthcare spending significantly outpacing that of other countries, U.S. hospitals face intense pressure to find new ways to capture greater value. More and more, organizations are finding that partnerships with existing vendors can help unlock next-level performance gains in a transformative… Read More »4 Ways Healthcare Organizations Can Establish Partnerships to Drive Innovation