technology

Startup Unicorn Biofourmis Secures An Extra $20M From Intel Capital

Just four months after raising $300 million – and reaching unicorn status in the process – Biofourmis has secured another $20 million in funding. In total, the company has amassed a $320 million Series D. Intel Capital, the strategic investment arm of chipmaker Intel Corporation, joined the round. In addition to Intel Capital’s involvement, this …

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Andrew Hopkins of Exscientia: the man using AI to cure disease

The British scientist’s company employs artificial intelligence to drastically cut the time of drug development It was early one morning in 1996 when Andrew Hopkins, then a PhD biophysics student at Oxford University, had a brainwave as he walked home from a late-night lab meeting. He was trying to find molecules to fight HIV and …

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Klobuchar asks FTC to investigate Amazon’s $3.9 billion move to acquire One Medical

Sen. Amy Klobuchar, a fierce critic of Amazon’s market power, is urging the Federal Trade Commission (FTC) to investigate the e-commerce giant’s proposed $3.9 billion acquisition of primary health care provider One Medical. The Minnesota Democrat, chair of the Senate Judiciary antitrust subcommittee, asked the FTC in a letter Thursday to investigate the deal over …

Klobuchar asks FTC to investigate Amazon’s $3.9 billion move to acquire One Medical Read More »

Youtube says it will start removing misinformation about abortion

Youtube on Thursday said it will begin removing content that spreads misinformation about abortion safety or gives instructions for unsafe abortion procedures. The social media and video sharing platform will also launch an information panel it will attach to videos to provide context about abortions from local and global health authorities on videos discussing abortion. …

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Amazon acquiring One Medical for nearly $4 billion

Amazon is buying the primary health care provider One Medical for roughly $3.9 billion, the companies announced Thursday. The deal expands the e-commerce giant’s footprint in the health care space, an area that Amazon said is ripe for “reinvention.” “Booking an appointment, waiting weeks or even months to be seen, taking time off work, driving …

Amazon acquiring One Medical for nearly $4 billion Read More »

Formerly a SNF-Based Platform, connectRN is Now Honed in on Home Health

The connectRN platform was built to find nurses and other health care professionals work, particularly in skilled nursing facilities (SNF). But over time, workers were asking enough about home health opportunities that the company thought it should get further into home-based care. Serendipitously, Amedisys Inc. (Nasdaq: AMED) came into the picture and partook in connectRN’s …

Formerly a SNF-Based Platform, connectRN is Now Honed in on Home Health Read More »

Experts divided on whether taking Juul off market would dent teen vaping

Experts are divided over whether efforts to keep Juul products off the market will put a dent in the youth vaping epidemic. The Food and Drug Administration made international headlines late last month when it stripped vaping giant Juul’s products from the e-cigarette market, drawing praise from anti-tobacco advocates and lawmakers. The agency said Juul …

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Home Health Providers Continue to See Telehealth as Staffing Tailwind

With the market for home-based care continuing to grow, providers need to make sure their employees are ready for a digital future in the space. They also need to focus on what their employees want out of a career, and should be able to pivot and adapt as the industry evolves. Those were the main …

Home Health Providers Continue to See Telehealth as Staffing Tailwind Read More »

Amazon, research center partner on cancer vaccine

Amazon will collaborate with the Fred Hutchinson Cancer Center in Seattle on an FDA-approved clinical trial for a cancer vaccine. According to a filing with National Institutes of Health, Fred Hutch is testing a “personalized” vaccine for patients with late-stage melanoma skin cancer and certain breast cancers that have spread throughout the body or are …

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Despite Growing Prevalence of At-Home Virtual Care, Barriers to Adoption Remain

Despite the growing popularity of remote patient monitoring (RPM) and home-based care delivery, the barriers that prevent widespread adoption of these solutions still remain. No one understands this better than Current Health, a company that has made enabling health care in the home its key area of focus. “I think that there are two major …

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Tomorrow Health Secures $60 Million, Sets Goal of Serving 100 Million Patients in Home

Tomorrow Health — a home-based care technology startup that can deliver roughly 40,000 different types of medical supplies into patients’ homes — announced an even larger Series B funding after receiving $25 million in April. Tomorrow Health has raised $60 million in a Series B funding round, bringing the startup’s total funding to $92.5 million …

Tomorrow Health Secures $60 Million, Sets Goal of Serving 100 Million Patients in Home Read More »

Lifespark Taps Former Optum Leader to Lead Company’s ‘Aggressive Growth Goals’

There are several trends in the home-based care industry that are colliding all at once. The baby boomers are getting older, seniors want to age at home more than ever and families who have typically cared for their loved ones are moving away, which is creating a need for digital integration. Those are all macro …

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Why DispatchHealth’s New Leader Wants to Make the Company More Like Starbucks

Providing quality care to people in need runs in the family for Reza Alavi. Alavi was raised by two physicians in Philadelphia. His mom and dad instilled lessons in him while they took care of underserved communities, which he is inspired by today as he takes on a new role with DispatchHealth, leading the company’s …

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FAA approves drone delivery from Zipline

The Federal Aviation Administration (FAA) on Tuesday approved drone delivery company Zipline to operate as a small air carrier in the U.S. Zipline, which has contributed to thousands of medical supply drops globally, announced in a press release that it had received the certification, noting that it “is now authorized to complete the longest range …

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Democrats call on Google to look into search results, ads tied to misleading clinics

A group of Democratic senators and representatives called on Google to look into search results and ads tied to “anti-abortion ‘fake clinics’” amid a recent report that showed their prevalence in 13 states with so-called “trigger laws” that would almost immediately ban or severely restrict abortion should Roe v. Wade be overturned by the Supreme …

Democrats call on Google to look into search results, ads tied to misleading clinics Read More »

Measure your omnichannel maturity with our new tool

Our Omnichannel Maturity tool is designed for biopharmaceutical, healthcare technology, and wellness companies that are driven to develop integrated and customer-centric omnichannel experiences. This simple 8-question quiz is divided into 4 sections to help you understand your organization’s level of omnichannel maturity. Once you have completed the questionnaire, you will receive tangible recommendations and an …

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Home-Based Care Providers Are Raising Expectations for Their Technology Partners

Home-based care providers looking to grow, or even just to survive, are increasingly turning to technology to do so. A major part of that is EHRs. And currently, providers are generally unsatisfied with their EHR vendor relationships, according to a new survey conducted by MatrixCare and Home Health Care News.  Providers, more than anything, want …

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CVS to halt prescriptions for controlled substances from telehealth startups

CVS Pharmacy will no longer be accepting prescriptions for controlled substances issued by telehealth companies Cerebral and Done Health, citing ongoing concerns that were unable to be resolved. In a statement to The Hill, CVS said it was “important that medications are prescribed appropriately.” “We recently conducted a review of certain telehealth companies that prescribe …

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Best Buy CEO: At-Home Care Focus is ‘Resonating with Health Care Industry’

Best Buy’s (NYSE: BBY) at-home health care focus has become a regularly mentioned topic for the company. After purchasing Current Health – a well-known home-based remote patient monitoring platform (RPM) – for $400 million last year, the company has established itself among the likes of other top retailers that have become heavily engaged in the …

Best Buy CEO: At-Home Care Focus is ‘Resonating with Health Care Industry’ Read More »

How Honor, Home Instead’s Initial Sit-Down Led to More Than an Acquisition

Honor CEO and Co-founder Seth Sternberg has wanted to launch a platform like “Honor Expert” for the last eight years. But the idea of being a liaison to seniors and their families for a wide variety of services – Honor Expert’s goal – wasn’t feasible without some serious scale, which Honor didn’t have in 2014 …

How Honor, Home Instead’s Initial Sit-Down Led to More Than an Acquisition Read More »

How patient-on-a-chip tech could be the future of drug discovery

Testing drug compounds on a chip designed to mimic human organs sounds closer to science fiction than reality, yet the technology already exists and is already being put to use. Ben Hargreaves discovers how the technology could provide more accurate safety predictions and even discover new treatments. The limits of animal models in drug discovery …

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Care-At-Home Startup Biofourmis Raises $300 million in Funding, Surpasses Unicorn Status

For startups, reaching unicorn status — a valuation at over $1 billion — is a major milestone. And with its latest funding round, Biofourmis just surpassed got there. The company announced Tuesday that it has raised $300 million in a Series D. The news runs counter to CB Insights’ recent findings that health tech funding, …

Care-At-Home Startup Biofourmis Raises $300 million in Funding, Surpasses Unicorn Status Read More »

Why Best Buy Is a Home-Based Care Player Worth Watching

In 2019, when I began covering home-based care, Best Buy (NYSE: BBY) was just barely scraping the surface in the space. Paying $800 million for the senior-focused technology company GreatCall was nothing to scoff at, of course. But it wasn’t directly related. It certainly felt like much more was bubbling underneath the surface. In the …

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Honor Announces Honor Expert, Aims to Be ‘One-Stop Shop’ for Seniors

The home-based care technology company Honor announced Honor Expert Wednesday, which is an online tool designed to be the liaison between seniors, their families and aging-related solutions. Its goal is to be the “one-stop shop” for seniors looking for a variety of services, including home-based care.  Honor Expert already has 14 national partners, according to …

Honor Announces Honor Expert, Aims to Be ‘One-Stop Shop’ for Seniors Read More »

FDA clears Fitbit for passive heart rhythm monitoring

Google has announced that the Food and Drug Administration (FDA) has cleared its product, Fitbit, to use a new feature that will identify atrial fibrillation (AFib).  In a statement on Monday, Google said Fitbit’s new PPG AFib algorithm feature will assess user’s heart rhythm while they’re sleeping, adding that the new feature will alert users …

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Advocate Aurora Enterprises Acquires MobileHelp, Looks to Pair its Technology with Senior Helpers

When Advocate Aurora Enterprises — a subsidiary of Advocate Aurora Health – acquired the home care provider Senior Helpers around this time last year, it came as a surprise to some. The surprise wasn’t due to the fact that Senior Helpers was acquired, but instead because of the acquiree. The Midwest-based Advocate Aurora Health is …

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Hero and Assure Health Partner to Increase Value Proposition to Home-Based Care Providers

Two digital companies with serious ambitions in the at-home care space – Hero and Assure Health – have partnered. Both are relatively new companies. Hero is a at-home, digital medication management platform, a company that hopes to become much more than that as it grows older. Meanwhile, Assure Health is an at-home remote patient monitoring …

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Why the ROI of Telehealth Is Worth it, No Matter the Reimbursement

The future of telehealth is confusing for home health care providers. And it’s left many scratching their heads, wondering how much they should invest into virtual care models. On one hand, telehealth usage skyrocketed over the last two years. And no matter how much that usage stabilizes post-pandemic, it will likely never return to where …

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Home-Based Care Providers Increasingly View Updated Technology, Interoperability as Imperatives

The National Association for Home Care & Hospice (NAHC) this week laid out the gaps that exist in the long-term and post-acute care (LTPAC) sectors, and what Congress needs to do to help fill those gaps. In a response to a request for information from the U.S. House Republican “Healthy Futures” Task Force Subcommittee on …

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How will rising inflation affect the healthcare revenue cycle?

Inflation is giving the cost of healthcare a run for its money. The Consumer Price Index rose by 7.9% year-over-year in February 2022, compared to a rise of just 2.4% in the Health Care Price Index. However, slower price increases do not necessarily mean healthcare will get an easier ride than other businesses. Healthcare contracts …

How will rising inflation affect the healthcare revenue cycle? Read More »

Why Bayada Believes Its Digitized Data-Tracking Tools Will Be a Differentiator

Bayada Home Health Care has launched a new suite of digital services to augment its partnerships with hospitals and health systems. Among many other things, the company believes that the new digital services will be a differentiator for it in the marketplace and also enable it to not just collect data, but also do something …

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PIH Health Launches New In-Home Care Business Line with 24 Hour Home Care

A Los Angeles-based health system is teaming up with a home care provider to give patients an easier path in their pursuit of aging in place. PIH Health announced Thursday it is teaming up with 24 Hour Home Care and adding a customized service called “PIH Health at Home.” The offering will include personal care, …

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‘Perfect Storm’ of Staffing Challenges Continues to Batter Home-Based Care Operators

Staffing remains far and away the most pressing challenge for home-based care providers, a recently released report from Homecare Homebase and Home Health Care News found. But changing payment models and regulatory policies are still proving difficult as well. The findings are sure to be familiar to those in the home-based care industry, but they’re …

‘Perfect Storm’ of Staffing Challenges Continues to Batter Home-Based Care Operators Read More »

Current Health Addresses Hypertension Care in the Home Through Parkland Partnership

In collaboration with Parkland Health & Hospital System, Current Health has set its sights on tackling hypertension through home-based care. The partnership is indicative of how telehealth and remote care management companies have capitalized on the larger shift of care to the home during COVID-19. The goal of Current Health and Parkland’s hypertension monitoring program …

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Strategic Scheduling, Training Investments Key to Clearing Home-Based Care’s Staffing Hurdles

The vast majority of home-based care organizations are dealing with capacity constraints, rising levels of staff burnout, recruitment roadblocks and other operational challenges. While many of the current hurdles are due to macro-level forces that are largely outside of an operator’s control, some can be cleared with the help of smart scheduling, strategic incentives and …

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Amazon Expanding Virtual Care Platform Nationwide, Bringing In-Person Services to 20 New Cities

Amazon’s (Nasdaq: AMZN) in-home care arm is on the move, expanding to more than 20 new cities while rolling out even more care options. Launched in 2019 as part of a pilot with Amazon’s Seattle-based employees, the Amazon Care model uses virtual and in-person visits from medical professionals to deliver “health care to customers when …

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My dying grandmother’s pain inspired me to challenge Zimbabwe’s pharmacy system | Dudzai Mureyi

Finding the right medicine at the right price was once a lottery – now the crowdsourcing service I set up is bringing down the cost of illness In July 2015, as my 82-year-old grandmother, Sophie Mafuku, lay dying of a terminal illness in Zimbabwe, I spent a day speaking to fellow pharmacists as I tried …

My dying grandmother’s pain inspired me to challenge Zimbabwe’s pharmacy system | Dudzai Mureyi Read More »

MedArrive and Spect Form Home-Based Retinal Screening Solutions Partnership

MedArrive has partnered with the data-science company Spect to bring retinal screening solutions into the home. “Spect is one piece of our overall platform at MedArrive,” Dan Trigub, CEO of MedArrive, told Home Health Care News. “It really goes back to this idea of powering care programs into the home. We can layer in other …

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In-Home Cancer Care Enabler Reimagine Raises $25 Million

Reimagine Care, an in-home cancer care enabler, has raised $25 million. The funding round was led by Santé Ventures, Martin Ventures and LRVHealth. The money will help Reimagine expand its patient care team, launch a virtual care center and enhance its platform. But ultimately, the company hopes to be a trailblazer of the next frontier …

In-Home Cancer Care Enabler Reimagine Raises $25 Million Read More »

InnovAge Appoints New CEO; Axxess Beefs Up Executive Leadership Team

InnovAge names new president and CEO Longtime InnovAge (Nasdaq: INNV) CEO Maureen Hewitt has stepped down from the role. Patrick Blair, formerly of Bayada Home Health Care, has been named president and CEO by InnovAge’s board of directors. The appointment comes after reports that Colorado’s Department of Health Care Policy and Financing and the U.S. …

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Senior Care Platform ‘A Place for Mom’ Raises $175M, Targets Home Care for Further Growth

The senior care technology platform A Place for Mom (APFM) has raised $175 million in growth equity funding. The funding round was led by the New York-based venture capital and private equity firm Insight Partners, with existing investors General Atlantic and Silver Lake participating as well. Broadly, A Place for Mom connects senior care providers …

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Labour peer’s AI healthcare firm Sensyne says cash is running out

Data analytics company run by Paul Drayson says money could run out in weeks unless it finds emergency funding Shares in Sensyne Health plummeted after the healthcare technology company run by Paul Drayson, the former UK science and defence minister, said it could run out of money within weeks if it was unable to secure …

Labour peer’s AI healthcare firm Sensyne says cash is running out Read More »

Homecare Homebase Parent Company Hearst Strikes Deal for CellTrak

Last April, Addus HomeCare Corporation (Nasdaq: ADUS), Homecare Homebase (HCHB) and CellTrak announced they were teaming up to build “the industry’s first integrated, enterprise-level solution for all types of home-based care.” The next big step in that collaboration has come for two of those organizations. Hearst, the parent company of HCHB, has struck an agreement …

Homecare Homebase Parent Company Hearst Strikes Deal for CellTrak Read More »

How the Formedix ryze Visual Define-XML Editor Gives You Faster Define

Define-XML is the metadata that describes the content and formatting of submission datasets and the case report tabulation data. It’s needed to help reviewers understand the data they are reviewing. It’s based on the CDISC ODM standard and is a key requirement for electronic submissions to the FDA and PDMA. Creating a Define-XML requires a lot …

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Transactions: Fortis Buys Select; Nova Leap Completes Acquisition of South Carolina Home Care Business

Fortis Home Health & Hospice — Grant Avenue Capital’s home-based care buy-and-build initiative — has acquired Select Home Health. The financial terms of the deal were not disclosed. Sign up for HHCN + to read this exclusive content. Individual Membership $400 per year Purchase Group 2–5 members $380 per year* Purchase Need more than 5 …

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There’s Seemingly Endless Upside for Startups Looking to Make Their Mark on the Aging-in-Place Market

There’s more room than ever for companies looking to enter the aging-in-place arena and serve the needs of seniors. That’s just one major takeaway from a new report produced by venture capital firm Primetime Partners and thinktank First Longevity. Over the long term, there are demographic changes that will increase the need for aging-in-place services. …

There’s Seemingly Endless Upside for Startups Looking to Make Their Mark on the Aging-in-Place Market Read More »

What does the connected generation (Gen C) expect from providers?

As the digital healthcare revolution takes hold, do assumptions about a generation gap still hold true? Do Millennials and Gen Z have different expectations of healthcare providers compared to Baby Boomers and Gen X? In today’s hyper-connected world, the differences are a matter of degree. We’re all Gen C now. Futurist Brian Solis coined the …

What does the connected generation (Gen C) expect from providers? Read More »

Signify Strives to Find ‘Happy Medium’ of At-Home, Virtual and Clinic Visits

Signify Health (NYSE: SGFY) doesn’t know exactly how many in-home evaluations would be right for every senior yet, but it’s hoping to know soon enough. For now, it just believes that the more it can coordinate, the better. “I think that is the holy grail of community-based medicine – the puzzle that needs to be …

Signify Strives to Find ‘Happy Medium’ of At-Home, Virtual and Clinic Visits Read More »

MedArrive Raises $25 Million, Hopes to Make ‘Tens of Thousands’ of At-Home Care Visits Next Year

MedArrive – a health care platform that helps payers and providers shift more care into the home – has secured $25 million in Series A funding. The funding round was led by the venture capital fund Section 32, which invests in businesses on the frontier of health care and technology. Section 32 also previously invested …

MedArrive Raises $25 Million, Hopes to Make ‘Tens of Thousands’ of At-Home Care Visits Next Year Read More »

Post-Acute Analytics Firm Trella Health Closes ‘Significant’ Funding Round, Plans to Double in Size

Trella Health – a post-acute analytics and metrics firm – has closed on a “significant” funding round, the company announced Tuesday. Financial details were not disclosed. The round was led by Cressey & Company LP, a private investment firm focused on health care services and information technology businesses. Cressey & Company has also invested in …

Post-Acute Analytics Firm Trella Health Closes ‘Significant’ Funding Round, Plans to Double in Size Read More »

Alleviate the healthcare staffing crisis with automation

After more than a year of stop-and-start elective services, providers are ready to cut through the backlog and help patients get their healthcare back on track. Unfortunately, growing staff shortages mean many providers are struggling to meet consumer demand. Unemployment may be falling overall, but the number of people employed in healthcare dropped by more …

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Yes, DeepMind crunches the numbers – but is it really a magic bullet? | John Naughton

The machine learning outfit’s foray into pharmaceuticals could be very useful, but its grand claims should be taken with a pinch of salt The most interesting development of the week had nothing to do with Facebook or even Google losing its appeal against a €2.4bn fine from the European commission for abusing its monopoly of …

Yes, DeepMind crunches the numbers – but is it really a magic bullet? | John Naughton Read More »

Signify Health Believes It Can Save Itself From Industry-Wide Staffing Struggles

Signify Health Inc. (NYSE: SGFY) believes that it will be more suited to deal with workforce shortages than other, more traditional home-based care providers. In fact, it has built a platform that’s flexible and tech-driven specifically to deal with the future in mind – a future that will include workforce issues and a shift to …

Signify Health Believes It Can Save Itself From Industry-Wide Staffing Struggles Read More »

Tech Can’t Fix the Problems in Healthcare

By KIM BELLARD Shira Ovide, who writes the On Tech newsletter for The New York Times, had a thoughtful column last week: Tech Can’t Fix the Problem of Cars.  It was, she said, inspired by Peter Norton’s Autonorama: The Illusionary Promise of High Tech Driving.  The premise of both, in case the titles didn’t already …

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ModivCare Poised to Make More Personal Care Acquisitions

ModivCare Inc. (Nasdaq: MODV) – a technology-enabled, home-focused health care services company – continues to execute on its multifaceted strategy. In recent months, it has bolstered its personal care, remote patient monitoring (RPM), non-emergency medical transportation (NEMT) and meal delivery capabilities. Its ultimate goal is to be the premier company addressing social determinants of health …

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AlayaCare Acquires Delta Health Technologies, Accelerates Medicare Home Health Strategy in US

Home-focused software and technology company AlayaCare has acquired Delta Health Technologies, a provider of home health solutions. Traditionally a home care software enabler, this acquisition accelerates a strategy that AlayaCare has been honing in on: expanding significantly into the U.S. Medicare home health market. “Our platform does lots of skilled care in other markets,” AlayaCare …

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Humana, WellSky Leaders Offer Perspective on Latest Home-Based Care Trends

Humana (NYSE: HUM) continues to bet on the home as a main site of care. In addition to its multi-billion dollar purchase of Kindred at Home, the insurer has also formed partnerships with home-focused companies such as Heal, DispatchHealth and Papa, among others. Dr. Amal Agarwal, the VP of home solutions for the Louisville, Kentucky-based …

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The IT work that Covid halted & the hurdles to jumpstarting it again

Though the Covid-19 pandemic accelerated some aspects of health IT, it slowed others, including EHR replacements and back-office system upgrades. CIOs from some of the nation’s leading health systems shared not only the projects they put on hold, but also how they made those decisions and the challenges they faced when trying to reignite their …

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Tech is connecting health systems & workers amid growing shortages

The worsening workforce shortages have forced health systems to get creative when it comes to recruiting staff. Technology is helping health systems reach workers directly without having to go through a traditional staffing agency.

‘There Was Always Going to Be Tech Disruption’: Honor, Home Instead CEOs Break Down Recent Transaction

In August, home care technology company Honor announced it acquired Home Instead Senior Care, one of the largest in-home aging services providers in the world. As a result of the deal, the combined Honor-Home Instead enterprise now represents more than $2.1 billion in home care services revenue. That size and scale will help the pair …

‘There Was Always Going to Be Tech Disruption’: Honor, Home Instead CEOs Break Down Recent Transaction Read More »

Best Buy Acquires At-Home Care Tech Platform Current Health

Best Buy (NYSE: BBY) has signed an agreement to acquire the home-focused technology platform Current Health in an effort “to help make home the center of health,” according to the company. Along with the likes of Amazon (Nasdaq: AMZN) and Walmart (NYSE: WMT), Best Buy has been one of the retail giants that has steadily …

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SSM Health, Optum to enhance inpatient, RCM & digital services in new 10-year collaboration

The St. Louis-based health system is collaborating with the UnitedHealth subsidiary to implement technology and processes that focus on improving care quality and reducing costs. Thousands of SSM Health employees will transition to Optum as part of the deal.

Devoted Health raises $1.1B, sending valuation soaring past $12B

Though the Medicare Advantage-focused insurance technology startup is smaller than rivals like Clover Health in terms of membership and revenues, this latest financing round places it ahead of, or at least on par with, several larger competitors with regard to total funds raised.

Honor Closes $370M in Financing, Plans to Triple Home Care R&D Investment

Honor is back in the spotlight in a big way, just two months after it announced its industry-shaping acquisition of Home Instead. The San Francisco-based company announced Tuesday it has raised $70 million in Series E funding, in addition to securing $300 million in debt financing. Honor has earmarked the funds to further invest in …

Honor Closes $370M in Financing, Plans to Triple Home Care R&D Investment Read More »

You Want to 3D Print What

By KIM BELLARD You know we’re living in the 21st century when people are 3D printing chicken and cooking it with lasers.  They had me at “3D printing chicken.”   An article in NPJ Science of Food explains how scientists combined additive manufacturing (a.k.a, 3D printing) of food with “precision laser cooking,” which achieves a …

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Welsh scientist makes potential $539m fortune from biotech flotation in US

Value of Andrew Hopkins’ Exscientia firm reaches market value of $2.9bn in Nasdaq IPO A Welsh scientist who dreamed up his artificial intelligence biotech company while walking home from the laboratory is sitting on a potential $539m (£400m) paper fortune after its $2.9bn stock market float. The idea for Exscientia, an Oxford-based firm that uses …

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With 5 patents under its belt, RCM tech company Ensemble Health Partners files for IPO

The company, which provides revenue cycle management solutions for providers, is filing for the IPO less than two years after Bon Secours Mercy Health sold its majority stake in Ensemble to private equity firm Golden Gate Capital. Per the filing, the company aims to raise $100 million, but that is likely a placeholder figure.

Hospitals, Health Systems Hungry for Partnerships with At-Home Care Enablers

The hospital-at-home concept was pioneered over two decades ago at Johns Hopkins. It became in vogue during the earlier parts of the COVID-19 crisis. Now, it feels like just any other part of the at-home care ecosystem. That means there are a lot more home-based care players by nature, including tech-enabled companies like Biofourmis and …

Hospitals, Health Systems Hungry for Partnerships with At-Home Care Enablers Read More »

UnityPoint at Home Turns to WellSky to Energize SNF-at-Home Model

Temporary regulatory flexibilities implemented during the public health emergency have given health care organizations a chance to test new care delivery methods, including hospital-at-home programs and models that bring the skilled nursing facility (SNF) into the home setting. While COVID-19 flexibilities may eventually go away, the home-focused initiatives they led to are destined to stick …

UnityPoint at Home Turns to WellSky to Energize SNF-at-Home Model Read More »

Transactions: LHC Group Expands Footprint; Senior Helpers Acquires New Corporate Store

The LHC Group Inc. (Nasdaq: LHCG) M&A run continues. The Lafayette, Louisiana-based company recently announced agreements to acquire Generations Home Health along with Freda H. Gordon Hospice and Palliative Care, both in Virginia Beach, Virginia. LHC Group expects $7 million in annual revenue from the deals. Sign up for HHCN + to read this exclusive …

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Papa Partners with Milliman’s HealthIO to Create More Touch Points in the Home for Seniors

The senior companionship company Papa has made another partnership that will accelerate its impact on seniors aging in place across the country. Milliman Inc. — a global consulting and actuarial firm — and Papa are teaming up to provide hands-on help to Milliman’s HealthIO program members. HealthIO is a mobile platform that helps seniors with …

Papa Partners with Milliman’s HealthIO to Create More Touch Points in the Home for Seniors Read More »

Clarus Signs an Exclusive WW License Agreement with McGill University to Develop and Commercialize its Technology for Rare Conditions Due to Coenzyme-Q10 Deficiencies

Shots: McGill to receive $350,000 up front, $10.5M as development and regulatory milestone & is also eligible for ~$30M as a commercial milestone. Clarus will develop and commercialize McGill’s technology targeted the conditions associated with CoQ10 deficiencies The collaboration will accelerate the development of potential treatments for rare, endocrine, metabolic, and neurological conditions associated with …

Clarus Signs an Exclusive WW License Agreement with McGill University to Develop and Commercialize its Technology for Rare Conditions Due to Coenzyme-Q10 Deficiencies Read More »

GSK teams with King’s College to use AI to fight cancer

Artificial intelligence will be used to develop personalised treatments while investigating role of genetics The pharmaceuticals firm GSK has struck a five-year partnership with King’s College London to use artificial intelligence to develop personalised treatments for cancer by investigating the role played by genetics in the disease. The tie-up, which involves 10 of the drug …

GSK teams with King’s College to use AI to fight cancer Read More »

How tech can help solve the overpayments problem in healthcare RCM

When CMS overpays for services, providers and commercial payers are responsible for paying the agency back, and at times, they are on the hook for millions of dollars. But technology can help healthcare stakeholders catch the mistakes that lead to overpayments, thereby reducing unnecessary costs.

Policies|Techies|VCs: What’s Next For Health Care–Virtual Conference is Sept 7-10

Policies|Techies|VCs: What’s Next For Health Care? is the conference bringing together the CEOs of the next generation of virtual & real-life care delivery, and all the permutations thereof. You can register here or learn how to sponsor. This is a big week. We are one week out and we’ve started pre-recording a few sessions and they’ve been fascinating. Keynotes …

Policies|Techies|VCs: What’s Next For Health Care–Virtual Conference is Sept 7-10 Read More »

Elara Caring Names COO; Prospero Health Appoints C-Suite Executives

Elara Caring hires chief operating officer Elara Caring has named Ananth Mohan its chief operating officer. “Ananth is joining Elara Caring at a time when his expertise is needed most,” Scott Powers, CEO of Elara Caring, said in a statement. “The addition of his strong health care operations background to our leadership team comes as …

Elara Caring Names COO; Prospero Health Appoints C-Suite Executives Read More »

Trinity Health Mid-Atlantic to deploy NeuroFlow’s mental health tools across 3 hospitals

Through a program funded by Independence Blue Cross Foundation, 1,800 frontline healthcare workers across the three Pennsylvania-based hospitals will gain access to NeuroFlow’s technology, which will measure and track their mental health symptoms and provide support via educational resources and a clinical care team.

81% of Health System Leaders Plan to Bump Up Their Investment in Remote Care Technology

As the regulatory landscape continues to incentivize home-based care, health system leaders plan to beef up their investments in the space. Along these lines, 81% of decisionmakers intend to increase their investment in remote care technologies in the next 12 months. That’s according to a recent survey conducted by Current Health, a Boston-based company with …

81% of Health System Leaders Plan to Bump Up Their Investment in Remote Care Technology Read More »

Mass General Brigham is diversifying its innovation process. Here’s how.

Called the Innovator Community Expansion Initiative, the main goal of the effort is to pinpoint and remove obstacles keeping underrepresented groups, like women, out of the innovation process. The initiative will promote networking and education about the path to commercialization.

How Home-Based Care Providers Can Prove Their Worth to Payers

Home-based care is going to be a larger part of health care’s future. As a result, it’s beginning to attract considerable attention from entrepreneurs and other innovators. But as new trends arise with the shift toward the home, including new technology, partnership opportunities and payment models, it’ll be up to each provider to decide whether …

How Home-Based Care Providers Can Prove Their Worth to Payers Read More »

Home Instead Deal Creates Huge Upside for Honor, But Franchisee Buy-In Could Be Hard to Obtain

Honor captured most of the headlines last week when the San Francisco-based company announced it had acquired Home Instead Inc., the international home care franchiser founded by Paul and Lori Hogan more than 25 years ago. Even as somebody who follows both Honor and the home care franchising world closely, this deal caught me off …

Home Instead Deal Creates Huge Upside for Honor, But Franchisee Buy-In Could Be Hard to Obtain Read More »

Sharecare Acquires CareLinx from Generali in $65M Deal

Last year, CareLinx entered a new phase of its business with its entrance into the clinical side of home-based care. As a result, CareLinx saw major growth, which, in turn, made the company more attractive to prospective buyers. One of those interested parties has officially made a play for CareLinx. On Tuesday, Sharecare (Nasdaq: SHCR) …

Sharecare Acquires CareLinx from Generali in $65M Deal Read More »

Signify Health CEO: Demand for In-Home Care Services ‘High as Ever’

Signify Health Inc. (NYSE: SGFY) is encouraged to know that its clients are satisfied with its evaluations. Specifically, clients are satisfied with the in-home evaluations that the company provides. Although virtual visits gained significant popularity amid the pandemic, patients see major upside to Signify’s in-person visits, CEO Kyle Armbrester said on a Q2 earnings call …

Signify Health CEO: Demand for In-Home Care Services ‘High as Ever’ Read More »

Widespread use of health IT can cause burnout but also help curb it

In a HIMSS 21 Digital session, panelists detailed the dichotomy of technology advancement for clinicians. Though technology has made it harder for them to disconnect from work leading to burnout, IT tools can also be used to identify pain points and implement solutions to alleviate stress.

Technological Innovation: The Medicine of Healthcare

The last decade has experienced immense growth in the Healthcare Sector, partly due to funds and finance, but mainly due to all the advancement in the technological aspect utilized. Healthcare Technology commonly known as ‘Healthtech’ is the usage of technology developed to aid all healthcare related activities or any software or tool specifically designed to …

Technological Innovation: The Medicine of Healthcare Read More »

Home Health Telehealth Utilization Likely to Remain Strong

The use of telehealth and remote patient monitoring technologies skyrocketed during the initial COVID-19 surges, then hit a plateau. But even with some degree of leveling off, telehealth use has still increased by more than 38 times since pre-pandemic baselines. Despite reimbursement roadblocks, home health providers have been among the biggest adopters of telehealth. AccentCare, …

Home Health Telehealth Utilization Likely to Remain Strong Read More »

Back-End Problems Continue to Haunt Home Health Agencies

Managing back-end operations is arguably as paramount to a home health agency’s success as the patient-facing, clinical aspects of the business. Even so, that task has often been put on the back-burner in the past. But with the onset of no-pay RAPs, the Patient-Driven Groupings Model (PDGM), the Review Choice Demonstration (RCD) in select states …

Back-End Problems Continue to Haunt Home Health Agencies Read More »

LHC Group, SCP Health Form New Partnership to Provide Higher-Acuity Care in the Home

LHC Group Inc. (Nasdaq: LHCG) and SCP Health on Wednesday announced a new strategic partnership aimed at providing higher-acuity care in the home. By joining forces, LHC Group and SCP Health — two very familiar companies with deep Louisiana roots — hope to build the framework for a range of plug-and-play home-based care solutions that …

LHC Group, SCP Health Form New Partnership to Provide Higher-Acuity Care in the Home Read More »

UK supercomputer Cambridge-1 to hunt for medical breakthroughs

Computer – the most powerful in Britain – will use AI to find new cures and deepen understanding of diseases The UK’s most powerful supercomputer, which its creators hope will make the process of preventing, diagnosing and treating disease better, faster and cheaper, is operational. Christened Cambridge-1, the supercomputer represents a $100m investment by US-based …

UK supercomputer Cambridge-1 to hunt for medical breakthroughs Read More »

Jefferson Health-backed Tendo Systems gains $50M to digitize patient journey

Tendo Systems, a company that is co-developing a digital engagement platform with provider organizations like Jefferson Health, raised $50 million in a new funding round. The funds will be used to advance the development of the platform, which aims to be the “OpenTable” of healthcare.

Why Google is focusing its consumer health efforts on Fitbit

Google recently reshuffled its health division, moving a significant number of employees over to its Fitbit and Search businesses. Analysts said it’s no surprise Google would focus its consumer health efforts on Fitbit, given Fitbit’s broad reach and the competition to add more meaningful health features to these devices. 

Tabula Rasa Co-Founder: More Home-Based Care Agencies Should Get Involved in PACE

Tabula Rasa HealthCare (Nasdaq: TRHC) — a provider of data-driven technology solutions — continues to tout the Program of All-Inclusive Care for the Elderly (PACE) model as an avenue for itself and home-based care to grow. With at-home care and medication usage focuses, Tabula Rasa sees PACE as a major part of senior care’s future. …

Tabula Rasa Co-Founder: More Home-Based Care Agencies Should Get Involved in PACE Read More »

Current Health Joins Moving Health Home Coalition; FirstLight Partners with Dina

Current Health joins Moving Health Home Boston-based Current Health, a company that offers a remote care management platform to help health care providers conduct home-based care, has joined the Moving Health Home (MHH) coalition. MHH was created in March to influence lawmakers and advocate for legislation favorable to all sorts of home-based care. Its member …

Current Health Joins Moving Health Home Coalition; FirstLight Partners with Dina Read More »

Outdated Communication Methods Are Holding Home-Based Care Providers Back

Home-based care providers are hampered by their use of outdated communications tools, a new report from Citus Health and Porter Research claims. New York-based Citus Health is a digital care coordination platform that serves the home-based care industry. The company’s platform facilitates communication between family members, care providers and the patient. Released Wednesday, the report …

Outdated Communication Methods Are Holding Home-Based Care Providers Back Read More »

Healthcare fintech M&A expected to boost patient experience, provider operations

M&A activity in the healthcare finance technology is heating up, evidenced by large transactions such as Cedar buying OODA Health and R1 RCM buying VisitPay. Experts agree that this activity won’t end anytime soon, and it will have a positive impact on providers and patients.

Signify Adds New VPs; Complia Health Builds Out C-Suite

Signify Health appoints two VPs Signify Health (NYSE: SGFY) has appointed Tracey Scraba as senior vice president and deputy general counsel. Additionally, it has hired Lisa Wagamon as senior vice president of network development. Dallas-based Signify is a New Mountain Capital portfolio company. It recently went public,posting a market capitalization of $7.12 billion in its …

Signify Adds New VPs; Complia Health Builds Out C-Suite Read More »

Kaiser Permanente, Mayo Clinic invest $100M in hospital-at-home company

The health systems are sinking a combined $100 million into Medically Home Group, which enables clinicians to provide hospital-level care in patients’ homes. The funds are intended to scale the company’s operations and expand access to its care delivery model.

How Home-Focused Conveners Bridge the Gap Between Payers, Providers

The home is increasingly becoming the No. 1 site of care for seniors, partly thanks to the services of both home health and home care providers. But as the post-acute care world transitions away from fee for services toward value-based care, in-home care operators often find themselves in need of support. And that’s where the …

How Home-Focused Conveners Bridge the Gap Between Payers, Providers Read More »

Investors flock to life sciences as UK sector breaks funding record

Covid crisis spurs growing interest in drugmakers, diagnostics and medical equipment firms UK drugmakers, diagnostics, medical equipment and other life sciences companies have raised £10.6bn from private funding rounds and stock market flotations in the first three months of the year, more than half of last year’s record total, according to a report. Last year, …

Investors flock to life sciences as UK sector breaks funding record Read More »

Votive Health Raises $2.5M to Help Home-Based Care Providers Make Value-Based Arrangements

Votive Health — a technology startup that facilitates payer-provider integration — formally announced its launch and first funding round on Wednesday. The company raked in $2.5 million in a round led by Flare Capital Partners, with Chrysalis Ventures and OCA Ventures as co-investors. San Luis Obispo, California-based Votive Health is a technology-enabled network manager that …

Votive Health Raises $2.5M to Help Home-Based Care Providers Make Value-Based Arrangements Read More »

Privia Health launches IPO, aims to raise up to $370M

The physician practice management company launched its IPO through which it plans to sell 19.5 million shares of common stock, priced between $17 and $19 per share. It will use the proceeds for general corporate purposes, like research and development, and to acquire complementary businesses or technologies.

Addus, Homecare Homebase Co-Building New Tech Platform for a ‘Unified Patient Record’

Two in-home care powerhouses — a provider and technology company — are teaming up to build a new kind of data platform. On Thursday, Addus HomeCare Corporation (Nasdaq: ADUS) announced that it has entered into a joint software-development agreement with Homecare Homebase (HCHB) to build “the industry’s first integrated, enterprise-level solution for all types of …

Addus, Homecare Homebase Co-Building New Tech Platform for a ‘Unified Patient Record’ Read More »

Current Health Raises $43M: ‘We’re the Glue Enabling Safer Health Care at Home’

Current Health — a remote patient monitoring platform that has increasingly turned its attention toward the home — has raised $43 million in Series B funding. The company announced the news on Thursday. Boston-based Current Health’s technology platform measures a patient’s vital signs in real time, allowing clinicians to provide enhanced virtual care for patients …

Current Health Raises $43M: ‘We’re the Glue Enabling Safer Health Care at Home’ Read More »

AccentCare Uses AI to Track Social Determinants of Health, Reduce Readmissions

Home health providers typically have to learn about their patients’ social determinants of health on the fly, quickly picking up on risk factors like access to transportation and proximity to healthy food following a hospital discharge. One in-home care giant is turning to artificial intelligence for a head start. Earlier this month, AccentCare Inc. revealed …

AccentCare Uses AI to Track Social Determinants of Health, Reduce Readmissions Read More »

‘Homecareist’ Vesta Raises $65M to Support Pop Health Programs, Risk-Based Contracts

Home-focused digital health platform Vesta Healthcare announced Tuesday it has raised an additional $65 million in growth capital. The New York City-based Vesta is a clinical provider and technology services organization that connects caregiver insights to the rest of an individual’s care team. As part of its business model, the company partners with home care …

‘Homecareist’ Vesta Raises $65M to Support Pop Health Programs, Risk-Based Contracts Read More »

Some Discord Could Be Good for Health Care

By KIM BELLARD By the time you read this, Microsoft may have already struck a deal with the messaging service Discord.  VentureBeat reported two weeks ago that Discord was in an “exclusive acquisition discussion” with an interested party, for a deal that could reach at least $10b.  Bloomberg and  The Wall Street Journal each quickly …

Some Discord Could Be Good for Health Care Read More »

Report: Bright Health eyes $1B IPO

Insurance startup Bright Health is reportedly planning to raise up to $1 billion in an IPO that will be launched in the second quarter of 2021. The company, which provides several insurance products as well as an IT platform, could be valued at more than $10 billion, Bloomberg reported.

Pivot to Chronic-Disease Management Presents ‘Enormous’ Upside for Amazon Care

Amazon’s (NYSE: AMZN) in-home care platform — Amazon Care — is currently designed to coordinate care for employees and their family members. In the not-too-distant future, however, it may be more generally used for chronic-disease management. That’s according to Michael Abrams, managing partner of the global health care consultancy Numerof & Associates. Abrams has been …

Pivot to Chronic-Disease Management Presents ‘Enormous’ Upside for Amazon Care Read More »

Drone in your home? Telehealth makeover underway at Univ of Cincinnati

A group of inventors at the University of Cincinnati are developing a drone that can be used to conduct virtual visits in patients’ homes. The technology aims to fill the gap in telehealth delivery among those who do not have access to the necessary devices or have uneven internet connectivity.

Epic-Humana partnership enters new phase focused on prior authorizations

The partnership between the insurer and EHR giant — announced a year and a half ago — will now focus on streamlining prior authorizations and offering providers enhanced insights about their patients. Ochsner Health will be among the first to implement the new capabilities offered by the companies.

Ro Lands $500M to Beef Up Vertically Integrated Primary Care Platform

Health care technology company Ro has secured $500 million in Series D funding. The Series D round was led by existing investors General Catalyst, FirstMark Capital and TQ Ventures. Existing investors SignalFire, Torch Capital and BoxGroup also participated in the round. New investors included Altimeter Capital, Baupost Group, Dragoneer Investment Group, ShawSpring Partners, Radcliff and …

Ro Lands $500M to Beef Up Vertically Integrated Primary Care Platform Read More »

Rumored Appriss Acquisition Values Care Collaboration Company PatientPing at $500M

Care collaboration software platform PatientPing has reportedly been acquired. Boston-based PatientPing provides a wide range of services, including real-time notifications when patients receive care, COVID-19-monitoring tools and other solutions. The software company works with health care organizations across the continuum of care, from hospitals and health systems to post-acute care providers. Citing “people familiar with …

Rumored Appriss Acquisition Values Care Collaboration Company PatientPing at $500M Read More »

Amazon Reveals National Expansion Plans for In-Home Care Platform ‘Amazon Care’

For years, health care experts have watched Amazon (Nasdaq: AMZN) steadily wade deeper and deeper into home-based care waters. It appears the Seattle-based technology powerhouse is finally diving in — and making a big splash. On Wednesday, Amazon announced it is expanding Amazon Care — its on-demand health care service — across the U.S. Plans …

Amazon Reveals National Expansion Plans for In-Home Care Platform ‘Amazon Care’ Read More »

The FCA’s criminal prosecution of NatWest could cause real damage

Civil cases lost by other banks only led to financial penalties, but the verdict here may hit its reputation NatWest had “resolved all its major legacy issues”, declared Sir Howard Davies, the chairman, 18 months ago, speaking far too soon. Here comes another potential nasty one. The Financial Conduct Authority is bringing criminal charges under …

The FCA’s criminal prosecution of NatWest could cause real damage Read More »

The FCA’s criminal prosecution of NatWest could cause real damage

Civil cases lost by other banks only led to financial penalties, but the verdict here may hit its reputation NatWest had “resolved all its major legacy issues”, declared Sir Howard Davies, the chairman, 18 months ago, speaking far too soon. Here comes another potential nasty one. The Financial Conduct Authority is bringing criminal charges under …

The FCA’s criminal prosecution of NatWest could cause real damage Read More »

LLR Partners Backs Health Recovery Solutions in Series C

Health Recovery Solutions (HRS) — the telehealth and remote patient monitoring (RPM) solutions company that specializes in the home setting — has raised additional capital as part of its Series C round. The Series C was led by LLR Partners, with previous investor Edison Partners also participating. HRS did not disclose its fundraising total for …

LLR Partners Backs Health Recovery Solutions in Series C Read More »

74% of Referral Sources Prefer Home-Based Care Providers That Meet Interoperability Standards

When it comes to interoperability, 74% of referral sources say they would send more referrals to post-acute care providers — including home-based care agencies — that offer greater electronic data access.  In general, referral sources are more likely to switch to a home-based care provider that meets their standards for interoperability. That’s according to a …

74% of Referral Sources Prefer Home-Based Care Providers That Meet Interoperability Standards Read More »

Tomorrow Health, Geisinger Health Plan Team Up to Improve Home-Based Care

Tomorrow Health — a relatively new startup seeking to become an Amazon-like service for home health providers — has partnered with Geisinger Health Plan (GHP). The goal of the partnership: to give patients better access to home durable medical equipment (DME) and supplies. Back by venture capital giant Andreessen Horowitz, Tomorrow Health and its digital …

Tomorrow Health, Geisinger Health Plan Team Up to Improve Home-Based Care Read More »

Innovaccer gains unicorn status, plans to launch cloud platform

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.

Thanks to Home Care Providers, Telehealth Is Turning into a $250B Industry

Telehealth vendors experienced a major business boom last year due to the COVID-19 pandemic. Many believe the increased demand will stick around in 2021, too, driven by a need to constantly monitor vulnerable populations in the home setting. Synzi — a St. Petersburg, Florida-based company that provides virtual visit and messaging tools via its telehealth …

Thanks to Home Care Providers, Telehealth Is Turning into a $250B Industry Read More »

Drug companies look to AI to end ‘hit and miss’ research

Technology that speeded the development of Covid vaccines has potential to transform the pharmaceutical industry The hunt for new medicines has often been more like a game of roulette than high-end science. But now the pharmaceutical sector is on the cusp of a transformation, as it delves into cutting-edge technology to come up with new …

Drug companies look to AI to end ‘hit and miss’ research Read More »

HME Companies Grapple with Sudden Supply-Demand Swings of COVID-19

The public health emergency has resulted in higher demand for home medical equipment (HME). Several factors are contributing to the trend, including the rise of hospital-at-home programs, the diversion of patients away from skilled nursing facilities (SNFs) and individuals generally voicing a preference for home-based care. As an industry, HME is fairly diverse when it …

HME Companies Grapple with Sudden Supply-Demand Swings of COVID-19 Read More »

Bezos is handing over fronting Amazon, but not his grip on his creation | Nils Pratley

The Amazon founder gains time for other projects, such as space and newspapers, while still making the big decisions Jeff Bezos is stepping aside at Amazon – sort of. In fact, he is merely dropping one of his three job titles at thee online retailer. He will no longer be chief executive but will still …

Bezos is handing over fronting Amazon, but not his grip on his creation | Nils Pratley Read More »

Democrats propose bill to protect privacy, data security amid growing use of pandemic-related tech

As the use of technology proliferates during the Covid-19 pandemic, concerns rise about privacy and health data security. Congressional Democrats have proposed new legislation that would protect individuals’ data rights amid the public health crisis.

Company behind GP at Hand reports £95m loss

The company behind the controversial GP at Hand service – which holds England’s largest GP patient list with nearly 90,000 NHS patients – lost more than £95m in 2019, its annual accounts show.

Insurtech startup Sidecar Health’s valuation hits $1B  

The new startup unicorn’s insurance product enables members to shop for medical services and pay directly for care. The company raised $125 million in a recent funding round, boosting its valuation, which it will use to increase its footprint and launch new products.

WHO platform for pharmaceutical firms unused since pandemic began

Exclusive: ‘pool’ to share Covid-19 information has received no contributions since May 2020 Coronavirus – latest updates See all our coronavirus coverage A World Health Organization program for pharmaceutical companies to voluntarily share Covid-19 related knowledge, treatments and technology so they can be more widely distributed has attracted zero contributions in the eight months since …

WHO platform for pharmaceutical firms unused since pandemic began Read More »

Home-Based Care Ally Signify Health Files for $100M IPO

It appears some health care companies are still opting to go public the old-fashioned way. Signify Health — a value-based care platform that uses advanced analytics and other technology to shift health services toward the home — filed an S-1 on Tuesday, indicating its intention of going public. The move comes roughly a year and …

Home-Based Care Ally Signify Health Files for $100M IPO Read More »

‘Care Traffic Control’ Platform Dina Raises $7M

Dina — the Chicago-based AI-powered platform that helps bridge the gap between health systems, payers and in-home care providers — is setting its sights on expansion. It now has additional resources to accomplish that goal, too. The company announced Monday that it has raised $7 million in Series A funding, with the round led by …

‘Care Traffic Control’ Platform Dina Raises $7M Read More »

Artificial intelligence: Not yet ready for prime time

Victoria Krakovna of LessWrong provides some examples where artificial intelligence (AI) algorithms didn’t work out exactly as planned. In fact, she has put together a master list of these AI issues. Below I have listed some of these examples that are more (or less) related to health: Cancer. AI trained to classify skin lesions as …

Artificial intelligence: Not yet ready for prime time Read More »

UnitedHealth Group’s Optum, Change Healthcare to combine in $13.5B deal

Optum, a subsidiary of insurance giant UnitedHealth Group, agreed to buy healthcare technology company Change Healthcare for $13.5 billion in cash. The acquisition will add data analytics, research and revenue cycle management offerings to Optum’s service roster.

WellSky Completes $1.35B Purchase of CarePort Health

WellSky announced Thursday that it has completed its acquisition of care coordination software company CarePort Health. Under terms of the deal — first announced in October — WellSky purchased CarePort from Allscripts Healthcare Solutions (Nasdaq: MDRX) for a price tag of $1.35 billion. Allscripts is a health care information technology provider. CarePort’s platform helps health …

WellSky Completes $1.35B Purchase of CarePort Health Read More »

6 Mental Health & Teletherapy Predictions & Trends to Watch in 2021

The executive team at AbleTo, a technology-enabled provider of behavioral healthcare shares six mental health and teletherapy predictions and trends to watch in 2021. Trip Hofer, CEO at AbleTo 1. Measurement and Outcomes “The healthcare industry has made progress toward increasing access to mental health care and defining what quality care looks like. Now in …

6 Mental Health & Teletherapy Predictions & Trends to Watch in 2021 Read More »

How CommonSpirit Health at Home Launched a 27-Market Telehealth Program in 2 Weeks

For the home health industry, 2020 was the year agencies unquestionably embraced telehealth. Amid the COVID-19 emergency, virtual visits have become a key tool utilized in the delivery of care. One company, CommonSpirit Health at Home, has long recognized the value of telehealth. Prior to the COVID-19 emergency, CommonSpirit Health at Home had plans to …

How CommonSpirit Health at Home Launched a 27-Market Telehealth Program in 2 Weeks Read More »

Blank-Check Company Deerfield to Combine CareMax, IMC Medical Group in $614M Play

The health care SPAC boom continues. On Friday, Deerfield Healthcare Technology Acquisitions Corp. (Nasdaq: DFHT) announced it is acquiring CareMax Medical Group and IMC Medical Group Holdings for $364 million and $250 million, respectively. The New York-based Deerfield — a special purpose acquisition company — says it plans on merging the two senior care organizations …

Blank-Check Company Deerfield to Combine CareMax, IMC Medical Group in $614M Play Read More »

Merck Signs a ~$1B Pact with Janux to Develop Cancer Therapies Using T Cell Engager Technology

Shots: Janux to receive up to $500.5M/ target as upfront and milestones along with royalties on sales of product emerges from the collaboration, making a total deal value ~$1B. Merck will fund R&D performed under the agreement Merck to get an exclusive WW license to products & IP developed from the collaboration The focus of …

Merck Signs a ~$1B Pact with Janux to Develop Cancer Therapies Using T Cell Engager Technology Read More »

Bayada Teams Up with CareBridge to Better Manage Health Care Costs

Bayada Home Health Care and CareBridge announced Tuesday that the two companies are teaming up to better manage health care costs. A nonprofit, the Moorestown, New Jersey-based Bayada provides a range of in-home care services to older adults, children and individuals living with disabilities across 22 states and more than 345 locations. The large home-based …

Bayada Teams Up with CareBridge to Better Manage Health Care Costs Read More »

Hackers accessed vaccine documents in cyber-attack on EMA

Papers relating to Pfizer/BioNTech vaccine reportedly targeted in attack on European Medicines Agency German biotech firm BioNTech said on Wednesday that regulation documents related to the Covid-19 vaccine it has developed with Pfizer were “unlawfully accessed” after a cyber-attack on Europe’s medicines regulator. Earlier, the European Medicines Agency (EMA) – which is responsible for assessing …

Hackers accessed vaccine documents in cyber-attack on EMA Read More »

Looking to Improve Care Coordination, PointClickCare to Buy Collective Medical for Reported $650M

PointClickCare Technologies has reached an agreement to acquire Collective Medical. The deal is for nearly $650 million, according to Business Insider, which first reported the news on Tuesday. Mississauga, Ontario-based PointClickCare is a cloud-based software vendor for more than 21,000 skilled nursing facilities, senior living communities and home health agencies. As a company, PointClickCare’s solutions …

Looking to Improve Care Coordination, PointClickCare to Buy Collective Medical for Reported $650M Read More »

Led by Uber Health Veteran Dan Trigub, MedArrive Launches with $4.5M in Funding

Dan Trigub — the recent head of Uber Health and a former member of Lyft’s health care arm — has always been passionate about home care.  Before joining Uber (NYSE: UBER), Trigub owned his own startup focused on the aging population. For the past 15 or so years, his family has even operated one of …

Led by Uber Health Veteran Dan Trigub, MedArrive Launches with $4.5M in Funding Read More »

FDA Signs Off on First At-Home Coronavirus Test

The Food and Drug Administration (FDA) on Tuesday issued an emergency use authorization for the first COVID-19 diagnostic at-home test. The move will not have an immediate impact on in-home care providers, but it could give them one more tool in their pandemic toolbox in weeks to come. The FDA specifically signed off on the …

FDA Signs Off on First At-Home Coronavirus Test Read More »

In-Home Care Workers Increasingly Prefer Virtual Training

Virtual tools have quickly turned into the preferred method of training for in-home caregivers since the start of the COVID-19 public health emergency. That trend will likely continue beyond 2020 as well. That’s according to a new survey conducted by Medflyt, a HIPAA-compliant web-based workforce management platform for home care agencies. The Forest Hills, New …

In-Home Care Workers Increasingly Prefer Virtual Training Read More »

Amazon Unveils ‘Care Hub,’ a New Alexa Tool Designed for Aging in Place

Amazon (Nasdaq: AMZN) has taken another step toward taking over the aging-in-place space. Earlier this week, the online retail and technology giant announced it is rolling out a new health care feature through its Alexa device aimed at helping informal caregivers monitor seniors inside the home. The new feature — dubbed “Care Hub” — allows …

Amazon Unveils ‘Care Hub,’ a New Alexa Tool Designed for Aging in Place Read More »

BrightStar Care Targets Health System, Payer Partnerships with Latest Pilot

Two Chicago-based in-home care companies are teaming up in a move that illustrates bigger home care trends. On Tuesday, BrightStar Care — one of the largest home care franchisers in the nation — announced it’s joining Dina’s digital home care coordination network. In doing so, the home care and senior living franchise organization hopes to …

BrightStar Care Targets Health System, Payer Partnerships with Latest Pilot Read More »

FTSE 100 recovers to highest level since June after vaccine unveiled

Promising clinical data from Pfizer and BioNTech help the index to a £28bn one-day gain Optimism that a mass rollout of Covid-19 vaccines will lead to an economic recovery lifted stocks in London again on Tuesday, to their highest closing level in over four months. London’s FTSE 100 index of blue-chip shares rallied by nearly …

FTSE 100 recovers to highest level since June after vaccine unveiled Read More »

UnitedHealthcare Advances Home Strategy, Expects to Make 1.7M House Calls in 2020

A number of major Medicare Advantage (MA) carriers are expanding their supplemental benefit offerings shaped around in-home care next year. UnitedHealthcare, the insurance arm of UnitedHealth Group (NYSE: UNH), is among them. Overall, UnitedHealthcare partners with more than 1.3 million physicians and care professionals across the U.S., plus another 6,500 or so hospitals and other …

UnitedHealthcare Advances Home Strategy, Expects to Make 1.7M House Calls in 2020 Read More »

How Excelin Home Health Used Telehealth to Automate Its COVID-19 Return-to-Work System

Between mid-March and mid-August, more than 12.1 million Medicare beneficiaries received some sort of telemedicine service for their health and wellness. The numbers don’t lie: The COVID-19 emergency has officially ushered in a new age of telehealth in the U.S. But while in-home care providers and other organizations have embraced telehealth to deliver virtual visits …

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Comcast NBCUniversal, Independence Health Group Offshoot Quil Launches Aging In Place Platform

The brainchild of Comcast NBCUniversal and Independence Health Group — Quil — has set its sights on solidifying its place in the home. The company recently unveiled plans to launch Quil Assure, a sensor-based technology platform that aims to keep seniors and their informal caregivers connected. Quil Assure, which is slated to launch in 2021, …

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Honor Raises $140M to Fuel National Expansion

Honor — the technology-enabled home care startup that partners with independent agencies through the Honor Care Network — is gearing up for a major expansion. Those expansion plans are built around a substantial infusion of new capital, too. The San Francisco-based Honor announced Tuesday it has raised $140 million in Series D funding, led by …

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[Updated] Lawmakers Introduce New Bill Paving the Way for Home Health Telehealth Reimbursement

Home health providers are one step closer to getting the No. 1 thing they’ve been asking for since the COVID-19 pandemic began: reimbursement for telehealth-driven visits. On Friday, U.S. Senators Susan Collins (R-Maine) and Ben Cardin (D-Md.) introduced the Home Health Emergency Access to Telehealth (HEAT) Act, a bipartisan bill to provide Medicare reimbursement for …

[Updated] Lawmakers Introduce New Bill Paving the Way for Home Health Telehealth Reimbursement Read More »

CareLinx, Doctor On Demand Team Up to Provide Virtual Care at Home

CareLinx is teaming up with virtual primary care provider Doctor On Demand to give high-risk seniors access to services in their homes.  Burlingame, California-based CareLinx is a tech-enabled home care platform that connects seniors and their families to its nationwide network of 400,000 caregivers. The company was acquired by Generali Global Assistance in 2017. Under …

CareLinx, Doctor On Demand Team Up to Provide Virtual Care at Home Read More »

Home Health Providers Find Telehealth Reimbursement in Palliative Care

Telehealth adoption has dramatically increased across health care during the COVID-19 crisis, including in the home-based care space. On their end, home health providers have built out their telehealth programs to make more comprehensive and safer care plans for their patients. Unlike other health care practitioners, however, it is much more difficult for a home …

Home Health Providers Find Telehealth Reimbursement in Palliative Care Read More »

ProMedica Home Health Care, Banner Health Home Care Share Best Practices for Virtual Visits

The COVID-19 emergency has triggered a rise in the use of telehealth strategies to deliver care, especially virtual visits. In fee-for-service Medicare alone, the number of virtual visits delivered each week in the U.S. skyrocketed from 14,000 pre-coronavirus to more than 1.7 million during the pandemic’s peak, according to Department of Health and Human Services …

ProMedica Home Health Care, Banner Health Home Care Share Best Practices for Virtual Visits Read More »

WellSky to Acquire CarePort from Allscripts in $1.35B Deal

WellSky announced Tuesday it has entered into an agreement to acquire CarePort Health from Allscripts Healthcare Solutions (Nasdaq: MDRX), a health care information technology provider. The deal is for $1.35 billion, according to Allscripts. WellSky is an international software and professional services company with clients that include home health providers, hospital systems, blood banks, labs, …

WellSky to Acquire CarePort from Allscripts in $1.35B Deal Read More »

GSK tells UK staff: turn off Covid test-and-trace app while at work

Drugs company says infection controls at some of its sites are so secure the app is not needed Coronavirus – latest updates See all our coronavirus coverage The pharmaceuticals firm GlaxoSmithKline has told staff to switch off the contact tracing function that allows the NHS test-and-trace app to monitor the spread of Covid-19 while at …

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GP at Hand to hold largest patient list in England

GP at Hand is set to become England’s largest practice after the provider currently in top spot announced it will break up next year – but the controversial digital first outfit’s patient list could outgrow its rivals well before then.

Home Health Agencies Keep Getting Hit by Cyberattacks

Preferred Care Home Health Services found unusual activity within its email services in April. On Monday, it notified individuals that personal information may have been exposed during a data-security incident tied to that email activity. Among the information hacked may have been names, dates of birth, contact information, and Social Security or driver’s license numbers, …

Home Health Agencies Keep Getting Hit by Cyberattacks Read More »

Video: Cotiviti VP Nicole Neumarker on practical applications of AI in healthcare

AI is continuing to prove its value in healthcare as interest and investment in the technology and its offshoots continue to grow during the pandemic. In a virtual presentation at Ai4 2020, Cotiviti’s senior vice president of research and development, Nicole Neumarker, explained how Cotiviti took a deliberate, multi-track approach to AI to deliver new predictive technologies to aid in the pandemic response, such as the COVID-19 Outbreak Tracker. 

Online Caregiver Platform Carely Acquires CareGiving.com

Carely Inc. — an online referral platform for both caregivers and professional care providers — has announced it has an agreement in place to acquire CareGiving.com, an online community for family caregivers. The acquisition will help Dayton, Ohio-based Carely with its ultimate goal of enhancing the family caregiver experience through its platforms, Carely CEO and …

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Geisinger Teams Up with AppliedVR to Better Manage Chronic Pain in the Home

Geisinger Health System — known as one of the most innovative and home-focused health systems in the country — is testing out a new way of easing chronic pain.  As a means to engage with patients and better manage their pain in the home, Geisinger is teaming up with AppliedVR, a Los Angeles-based company pioneering …

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Stuck in the Stone Age: 30% of Home-Based Care Providers Aren’t Using Technology Tools

The COVID-19 emergency has underscored how valuable technology can be when it comes to caring for seniors in their homes. But while home-based care providers are increasingly upping their use of various technology solutions to aid in their virtual care efforts, there is still a number of providers uncertain about the value-add such tools offer.  …

Stuck in the Stone Age: 30% of Home-Based Care Providers Aren’t Using Technology Tools Read More »

‘If You Are a Target, They Will Hack You’: Cyber-Hygiene Increasingly Important for In-Home Care Agencies

As technology becomes a bigger part of the home-based care universe, more agencies are starting to take cybersecurity seriously. If they don’t, agencies are at risk of losing highly sensitive patient information and leaving their operations vulnerable. If that ends up happening, they could then end up on the hook for thousands of dollars or …

‘If You Are a Target, They Will Hack You’: Cyber-Hygiene Increasingly Important for In-Home Care Agencies Read More »

VNSNY Launches Open-Source COVID-19 Contact-Tracing Tool for Home-Based Care Providers

The Visiting Nurse Service of New York (VNSNY) is flexing its data science muscles. Over the past few months, VNSNY and its data science team have been building a contact-tracing tool to help home- and community-based care providers limit the spread of the coronavirus. Mapping the spread of COVID-19 remains critical to all health care …

VNSNY Launches Open-Source COVID-19 Contact-Tracing Tool for Home-Based Care Providers Read More »

MaineHealth Care at Home CEO: When It Comes to Embracing Telehealth, ‘We Don’t Have a Choice Anymore’

Telehealth usage has flooded into home-based care in an exponential fashion. Across all of health care, telehealth claim lines increased 8,336% from April 2019 to April 2020, according to data from FAIR Health’s Monthly Telehealth Regional Tracker. Generally, the concern with telehealth has often been centered around the patient and how seniors will react to …

MaineHealth Care at Home CEO: When It Comes to Embracing Telehealth, ‘We Don’t Have a Choice Anymore’ Read More »

WellSky Nabs New Investment from Leonard Green & Partners

Private equity-backed health care software company WellSky has a new investor and a new capital structure, the company announced Monday.  TPG Capital — the PE platform that currently owns WellSky — has entered into a definitive agreement to add private equity firm Leonard Green & Partners LP (LGP) as a capital partner. As part of …

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After Landing InTouch for $150M, Teledoc Looks to Further In-Home Care Capabilities

Teledoc (NYSE: TDOC) — the virtual health care powerhouse with operations in more than 100 counties — is building on its in-home capabilities and ability to team up with other providers. Earlier this month, New York-based Teledoc completed a $150 million deal to acquire InTouch Health, a competing virtual care company based in California. Strategically, …

After Landing InTouch for $150M, Teledoc Looks to Further In-Home Care Capabilities Read More »

AccentCare Readies Itself for COVID-19 Surges, Adds to Leadership Team

AccentCare, one of the largest home health providers in the U.S., was among the first in-home care providers to publicly discuss its coronavirus response. In early March, AccentCare CEO Steve Rodgers told Home Health Care News that the health care world had never “quite seen a crisis parallel to” the COVID-19 virus. Since then, the …

AccentCare Readies Itself for COVID-19 Surges, Adds to Leadership Team Read More »

eConsult Platform AristaMD Raises Additional $6M to Close $24M Series B Round

What You Should Know: – AristaMD, a digital health company that provides a platform to connect primary care providers with timely and documented specialist insights through eConsults, has secured additional $8M in investments to top off the company’s Series B funding round at $24 million. – With non-emergency, proactive care and elective procedures being canceled …

eConsult Platform AristaMD Raises Additional $6M to Close $24M Series B Round Read More »

How a group of CA safety-net clinics mobilized tech to respond to Covid-19

A network of community health centers in northern California quickly built out telehealth tools, mapping services and other technologies to respond to Covid-19.  Leaders with two organizations shared how they did it.

Harbour amid a Slowen down in singer city screening

Struggling to sell one multi-million dollar home currently on the market won’t stop actress and singer Jennifer Lopez from expanding her property collection. Lopez has reportedly added to her real estate holdings an eight-plus acre estate in Bel-Air anchored by a multi-level mansion. The property, complete with a 30-seat screening room, a 100-seat amphitheater and …

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The secret to moving this ancient sphinx screening

Struggling to sell one multi-million dollar home currently on the market won’t stop actress and singer Jennifer Lopez from expanding her property collection. Lopez has reportedly added to her real estate holdings an eight-plus acre estate in Bel-Air anchored by a multi-level mansion. The property, complete with a 30-seat screening room, a 100-seat amphitheater and …

The secret to moving this ancient sphinx screening Read More »