Sarepta chief commercial officer Bo Cumbo has left to head up gene therapy venture – AavantiBio – with $107 million in backing from his former employer and three high-profile life sciences investors. Rare disease specialist Sarepta is putting up $15 million of that first-round financing,… Read More »Sarepta helps bankroll new gene therapy startup AavantiBio
This brief provides an overview and status update of the Medicare accelerated and advance payment program, which provided $100 billion in loans to Medicare providers in the spring of 2020 to compensate for revenue shortfalls due to the coronavirus pandemic. The brief describes who got… Read More »Medicare Accelerated and Advance Payments for COVID-19 Revenue Loss: More Time to Repay
Swiss medical data specialist Sophia Genetics has raised $110 million in an oversubscribed funding round that will be used to boost its headcount and international presence and prepare to take its shares public. Proceeds from the sixth-round of private fundraising will fund the growth in… Read More »$110m financing sets up US, Asia expansion for Sophia Genetics
Digital health startup Lyra Health has raised $110 million in fourth-round financing, raising its value above the $1 billion threshold for the first time since it was founded five years ago. California-based Lyra provides mental health care services that employers can include in health care… Read More »Digital health firm Lyra enters unicorn territory after fundraising
Cambridge, UK-based Biofidelity has raised $12 million in first-round funding for its cancer diagnosis platform, which can detect mutations quicker than current approaches like gene sequencing. The Series A comes just a few months after Biofidelity launched with seed funding from Longwall Ventures and private… Read More »UK cancer mutation testing firm Biofidelity raises $12m
Anglo-Austrian biotech F2G has raised $60.8 million in venture financing to help it bring a drug for life-threatening fungal infections through late-stage development and onto the market. While these infections remain fairly rare, there is still a pressing need for new antifungals to provide treatment… Read More »Novo-backed $61m fundraising helps F2G prep for antifungal launch
This brief provides an overview and status update of the Medicare accelerated and advance payment program, which provided $100 billion in loans to Medicare providers in the spring of 2020 to compensate for revenue shortfalls due to the coronavirus pandemic. The brief describes who got… Read More »Medicare Accelerated and Advance Payments for COVID-19 Revenue Loss: Time to Repay?
The temporary boost in federal Medicaid funding enacted as part of the Families First Coronavirus Response Act (FFCRA) will soften the economic blow of COVID-19 on states, but is unlikely to fully offset state revenue declines or forestall budget shortfalls stemming from the pandemic, finds… Read More »Temporary Enhanced Federal Medicaid Funding Can Soften the Economic Blow of the COVID-19 Pandemic on States, but is Unlikely to Fully Offset State Revenue Declines or Forestall Budget Shortfalls
This brief examines how much fiscal relief states can expect from the increase in the Medicaid FMAP under FFCRA under different assumptions about the duration of the relief, how the FMAP increase provides broad fiscal relief to states and the factors that affect how much… Read More »How Much Fiscal Relief Can States Expect From the Temporary Increase in the Medicaid FMAP?
With Lost Customer Opportunities, Revising Payment Plan Strategies Can Help Your Business Reach More Customers Far too many customers are turned away and declined from services over shortcomings with credit. When you rely on traditional lenders, they only allow you to finance customers with good… Read More »Take On More Customers Than Ever Before
Half of the 14 donor governments analyzed in the study decreased their spending on global HIV efforts from 2018 to 2019; six increased; and one held steady. Donor government funding supports HIV care and treatment, prevention and other services in low- and middle-income countries.
This report from KFF and The Joint United Nations Programme on HIV/AIDS (UNAIDS) finds donor government disbursements to combat HIV in low- and middle-income countries totaled US$7.8 billion in 2019, a reduction from the US$8 Billion in 2018 and nearly the same as the funding… Read More »Donor Government Funding for HIV in Low- and Middle-Income Countries in 2019
Are credit card processing fees cutting into your profit margin? Here are some tips to help your business save money. Every time a customer pays for services or products with a credit card, the merchant has to pay a card processing fee. While the fee… Read More »How to Save Money on Payment Processing
The Hidden Costs of Accounts Receivable Many businesses extend credit to customers, to provide the services and products they need. According to a 2019 report on the economic well-being of U.S. households, 33% of adults are either unable to pay their bills or are one… Read More »How can you collect overdue payments and get fair compensation for your services?
Protect yourself from crowdfunding scams Many people use crowdfunding platforms like GoFundMe to reach out to their social networks to help pay for much-needed medical treatment. Unfortunately, not every crowdfunding campaign is trustworthy. While crowdfunding can be a useful way to gather donations for people’s… Read More »How to protect yourself from crowdfunding scams before you donate
Do you offer simple, fast, and reliable digital interaction to your consumers? Is it possible to convert every customer into a collection opportunity? The answer to this question lies in the financing system used for collecting payments. The need to offer such options occurs due… Read More »How Automated Payment Solution (APS) boosts collections for your business?
