Elation Health Acquires Lightning MD to Build Primary Care All-in-One Solution

Elation Health Acquires Lightning MD to Build Primary Care All-in-One Solution

What You Should Know:– Primary care EHR Elation Health acquires cloud-based medical billing and payer connectivity provider Lightning MD, a platform that was created by nurses. Financial details of the acquisition were not disclosed.The acquisition is part of Elation Health’s bid to be a one-stop shop for all primary care — something that co-founder and CEO Kyna Fong, Ph.D., has been driving despite all the odds.As part of the acquisition, Elation will continue to support practices integrated with over 20 practice management and billing solutions connected via the Elation application programming interface (API).Lightning MDFounded in 2017 by registered nurses Kelly Schoenfeld and…

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Report: Pharma R&D ROI Falls to Lowest Level in 13 Years

Report: Pharma R&D ROI Falls to Lowest Level in 13 Years

What You Should Know:– Deloitte Centre for Health Solutions releases its thirteenth annual report, ‘Seize the Digital Momentum: Measuring the return from pharmaceutical innovation 2022’ that explores the performance of the biopharmaceutical industry (bio Pharma) and its ability to generate returns from investment in innovative new medicines.– Since 2021, much of the world has successfully adjusted to life where COVID-19 is more endemic as vaccines and treatments reduced the risk and severity of illness, however geopolitical turmoil and a global cost-of-living crisis have continued to drive serious instability in the health landscape.Pharmaceutical Innovation – Trends and Insights At a GlanceThis is…

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From Telemedicine to Complete Virtual Care and Beyond

From Telemedicine to Complete Virtual Care and Beyond

Michael Gorton, CEO of Recuro HealthTelemedicine has helped improve the quality of life of patients in every corner of the world and has been successfully utilized to provide convenient care to people with limited or no access to health services. Today, worldwide digital interconnectivity is growing, enabling telehealth to advance health equity, bring access to care for underserved regions and meet the urgent, primary and behavioral healthcare needs of an exploding global population.It has been a remarkable journey for the innovators who pioneered telemedicine. Since its inception, digital health services began the transformation from traditional healthcare — a reactive, disease-focused model…

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HTA to Offer Cognoa’s Canvas Dx Diagnostic Device for Autism to Member Organizations

HTA to Offer Cognoa’s Canvas Dx Diagnostic Device for Autism to Member Organizations

What You Should Know:– Health Transformation Alliance (HTA), a cooperative of nearly 60 of America’s largest employers, has partnered with Cognoa, a pediatric behavioral health company, to offer the company’s Canvas Dx diagnostic device for autism to all HTA Member organizations and their employees.– HTA will offer its member organizations – some of the most influential and significant brands in the U.S. – the opportunity to add Canvas Dx to their benefit design.Expanding Horizons By Increasing Accessibility To Child Health ServicesThis partnership comes at an ideal time when the pandemic has exacerbated long-standing gaps in pediatric behavioral and developmental healthcare. As…

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IncludeHealth Secures $11M for Virtual Musculoskeletal Platform

IncludeHealth Secures $11M for Virtual Musculoskeletal Platform

What You Should Know:– IncludeHealth, a provider of musculoskeletal technology solutions raises $11 million in a recent financing round led by CincyTech, with participation from Tamarind Hill and other investors.– The company plans to use the funding to further expand MSK-OS™, the Company’s remote care platform powered by computer vision.AI-Powered Virtual Physical TherapyIncludeHealth partners with musculoskeletal providers to extend their reach beyond the clinic and unlock hybrid care models. The MSK-OS platform improves the delivery of musculoskeletal care by leveraging computer vision to deliver personalized, measured care through patients’ own devices without the need for wearable sensors, additional hardware, or even…

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FemTech: Joi Women’s Wellness Launches Nationwide

FemTech: Joi Women’s Wellness Launches Nationwide

What You Should Know:– Joi Women’s Wellness (Joi), a modern, femtech proactive approach to women’s health care, today announced the company’s official nationwide launch and availability of its hormone optimization and peptide therapy treatments, as well as the introduction of a new telehealth platform that provides a goals-based, customizable experience to help women own their health journey and manage the hormone and age–related changes to their bodies.– Joi offers health coaching and tailored treatments to help women feel their best from the inside out.Customized Wellness Treatments and Telehealth CoachingNearly half of women aged 30 to 60 have experienced symptoms of hormonal imbalance…

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Home Healthcare Market is Expected to Reach $340.2B

Home Healthcare Market is Expected to Reach $340.2B

What You Should Know:– Home Healthcare market in terms of revenue was estimated to be worth $226 Billion in 2022 and is poised to reach $340.2 billion by 2027, growing at a CAGR of 8.5% from 2022 to 2027 according to a latest report published by MarketsandMarkets™.– The report reveals growth in this market is mainly driven by rapid growth in the elderly population, and the rising incidence of chronic diseases.Rising Demand for Home-Health Services & SolutionsThe home healthcare industry is expected to experience rapid growth in the near future due to increased demand for home-based care services. The aging population,…

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Centura Health Acquires Utah Care Sites from Steward Health Care

Centura Health Acquires Utah Care Sites from Steward Health Care

What You Should Know:Centura Health, one of its two joint operating sponsors, CommonSpirit Health, and Steward Health Care today announced an asset purchase agreement (APA) for CommonSpirit Health to acquire Steward’s Utah care sites, which include five hospitals, more than 35 medical group clinics, and a clinically integrated network of care providers.As part of the acquisition, Centura Health will manage the five hospitals and their affiliated clinics which includes Davis Hospital and Medical Center in Layton, Jordan Valley Medical Center in West Jordan, Jordan Valley Medical Center-West Valley Campus, Mountain Point Medical Center in Lehi and Salt Lake Regional Medical Center…

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Experian Health Launches AI-Driven Predictive Denials Management

What You Should Know:– Experian Health launches a new AI-Powered solution, AI Advantage that will help providers recoup the billions in lost dollars due to insurance claim denials. – These new solutions leverage AI and help healthcare providers prioritize their claims reimbursement process and decrease denials overall, saving time and money across the entire healthcare value chain and ultimately improving care and service for patient consumers.AI Advantage[embedded content]One of the top contributors to wasted healthcare dollars is due to the claims process, reported at more than $250 billion per year. Additionally, 35 percent of hospitals and health systems report $50 million or more in…

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KLAS: What Impact Do Automated Prior Authorization Solutions Provide?

KLAS: What Impact Do Automated Prior Authorization Solutions Provide?

What You Should Know:– Prior authorization is mandated by payers to ensure that certain clinical procedures and medications being ordered are necessary. To alleviate the heavy administrative burden this requirement causes, healthcare organizations have adopted automated prior authorization solutions.– For this report, KLAS interviewed 30 respondents from 26 unique organizations to understand their experiences using these solutions and what outcomes they have seen.Understanding the Impact Automated Prior Authorization Solutions ProvideThis report is a perception study designed to help readers understand where the automated prior authorization market is and what outcomes organizations using automated prior authorization are seeing. To gather these perspectives, KLAS…

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