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
As Covid-19 cases started escalating last April, providers in hotspot states, like New York, California and Washington, had to quickly pivot their IT plans. These are some of the decisions that five health IT leaders made — aside from expanding telehealth — that helped their… Read More »The key IT decisions that helped providers survive April 2020
Diane Comer, Chief Technology Officer at Kaiser Permanente What You Should Know: – Kaiser Permanente announced today that Diane Comer has been named the new chief information technology officer. – In this role, she will lead Kaiser Permanente’s focus on developing and delivering innovative, strategic… Read More »Kaiser Names Diane Come New Chief Technology Officer
What You Should Know: – Evidation Health announced it has raised $153 million in Series E funding co-led by OMERS Growth Equity and Kaiser Permanente Group Trust. Existing investors including McKesson Ventures and B Capital also joined. – Founded in 2012, Evidation measures health in… Read More »Evidation Health Nabs $153M to Expand Virtual Health Programs
What You Should Know: – Unite Us, the tech company creating coordinated care networks nationwide, has just announced a $150M Series C round of funding led by ICONIQ Capital, bringing its valuation at $1.65 billion. – Unite Us is leading the care transformation movement towards whole-person health… Read More »Unite Us Nabs $150M, Reaching $1.6B Valuation to Address Social Determinants of Health
The California-based healthcare organization will work with Accenture and Microsoft to grow and strengthen its cloud capabilities. The enhancements are expected to help Kaiser provide its care teams with data insights to personalize patient care.
What You Should Know: – Kaiser Permanente signs a multi-year strategic agreement with Accenture and Microsoft to support the healthcare provider’s transition to the cloud environment. – The partnership enables stronger cloud computational power and data insights readily available to care teams, so Kaiser’s members—and… Read More »Kaiser Inks Multi-Year Agreement with Accenture, Microsoft for Cloud Transition
The CDC has engaged the California-based health system’s Vaccine Study Center to conduct an analysis of its Covid-19 vaccine data with the aim of pinpointing adverse events and reactions. The collaboration will continue for the next three years.
The managed care company picked six mental health apps that it made available to its members over the past two years. It recently published a paper showing patients were more likely to download or use digital health tools when referred by a physician.
Recent Executive Hires: CVS Health New President, Cleveland Clinic/Amwell Joint Venture Leadership, Others
Neela Montgomery, EVP & President at CVS Pharmacy/Retail CVS Health Corporation names Neela Montgomery Executive Vice President and President of CVS Pharmacy/Retail, effective November 30, 2020. Montgomery will oversee the company’s 10,000 pharmacies across the United States. Montgomery, currently a Board Partner at venture capital… Read More »Recent Executive Hires: CVS Health New President, Cleveland Clinic/Amwell Joint Venture Leadership, Others
What You Should Know: – Anthem extends the use of doc.ai’s platform and portfolio of privacy-first technologies and artificial intelligence software services to drive the personalization of Anthem’s digital assets and create improved value for users. – doc.ai’s product offerings are deployed on its cloud-agnostic… Read More »Anthem Expands Relationship with doc.ai to Power Digital Health Offerings
For the quarter ending on June 30, when many health systems face a rising number of Covid-19 cases, the Kaiser Foundation Health Plan more than doubled its net income to $4.5 billion. The nonprofit managed care plans attributed the increase to reduced operating expenses and… Read More »Kaiser sees Q2 net income more than double to $4.5B
What You Should Know: – Ginger announces $50 Million in Series D funding to expand access to its on-demand mental healthcare system led by Advance Venture Partners and Bessemer Venture Partners; joined by Cigna Ventures and existing investors. – Company has more than tripled revenue… Read More »Ginger Lands $50M to Expand On-Demand Mental Health Support Platform
Executives with Kaiser Permanente, Houston Methodist, Providence St. Joseph Health and Highmark Health shared their thoughts on the future of digital health and how they used technology to care for their patients at the start of the Covid-19 pandemic.