technology

‘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 …

You Want to 3D Print What Read More »

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 …

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

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 …

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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 …

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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. …

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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 …

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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 …

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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, …

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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 …

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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 …

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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 …

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

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, …

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

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 …

Honor Raises $140M to Fuel National Expansion Read More »

[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 …

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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 …

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

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 …

Online Caregiver Platform Carely Acquires CareGiving.com Read More »

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 …

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

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 …

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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 »