Tag: Partners

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

HIT Consultant

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

HIT Consultant

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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IncludeHealth Secures $11M for Virtual Musculoskeletal Platform

IncludeHealth Secures $11M for Virtual Musculoskeletal Platform

HIT Consultant

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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Home Healthcare Market is Expected to Reach $340.2B

Home Healthcare Market is Expected to Reach $340.2B

HIT Consultant

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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TBD Health Raises $4.4M Seed Round to Expand its Hybrid Sexual Healthcare Offerings Nationally

TBD Health Raises $4.4M Seed Round to Expand its Hybrid Sexual Healthcare Offerings Nationally

Healthcare IT Today

As Reproductive Rights are Defunded and Debated Nationally, TBD Health Aims to Democratize Access to Inclusive Sexual Care
TBD Health, a sexual healthcare provider revolutionizing the medical landscape through unparalleled digital and in-person clinical care, today announced a $4.4 million seed round led by Tusk Venture Partners, with participation from Springdale Ventures, Human Ventures, Expansion VC, Starbloom Capital, Hyphen Capital, and The Community Fund along with several strategic angels. With this new financing, TBD Health is expanding to all 50 states, democratizing access to its sexual healthcare offerings, consisting of at-home STD testing and emergency contraception available via telehealth or in-person in its Las…

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Digital as the Differentiator for Biopharma and Medtech

Digital as the Differentiator for Biopharma and Medtech

MedCity News

With the Inflation Reduction Act now on the books, the U.S. Centers for Medicare & Medicaid Services (CMS) will begin negotiating drug prices with the pharmaceutical industry. That, combined with other headwinds such as increased competition from me-too drugs, and ever-present pricing pressure from payers, means that pharma players now more than ever need a new and powerful tool to differentiate their products. We believe the next decade of transformation is digital.
Learning from the auto industry Almost every industry has had to confront a fundamental existential question: What is our product? Consider the automotive industry, which once was largely about hardware…

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Veradigm, Healthverity Uses Registry Data for Chronic Disease Research

Veradigm, Healthverity Uses Registry Data for Chronic Disease Research

DistilINFO Hospital IT

February 14, 2023 – Health IT vendor Veradigm, formerly Allscripts, announced a collaboration with healthcare data ecosystem HealthVerity that will leverage registry data to advance chronic disease research. The partnership will bridge Veradigm’s cardiology and metabolic registries with consumer data collected by HealthVerity, offering clinical researchers access to research-ready data. The Veradigm Cardiology Registry boasts over 102 million patient records representing more than 19.9 million unique patients, making it one of the largest outpatient cardiovascular quality improvement registries. The registry follows cardiac patients over time, monitoring essential measures such as demographics, plan of care, cardiac events and comorbidities, exams, procedures, lab…

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Hurdle, CloudLIMS Partner to Augment Diagnostic Lab Capabilities

Hurdle, CloudLIMS Partner to Augment Diagnostic Lab Capabilities

HIT Consultant

What You Should Know:– Hurdle (a Chronomics Inc. brand), a global bio-infrastructure platform that powers end-to-end diagnostics for life sciences, labs and healthcare providers, and CloudLIMS, a leading SOC 2 compliant and ISO 9001:2015 certified lab informatics provider, announced today that the companies have entered into a strategic partnership marking the first integration between a Diagnostic as a Service (DaaS) platform and a Software-as-a-Service (SaaS) LIMS provider.– The partnership brings together Hurdle’s remote diagnostic platform and CloudLIMS’s secure, purpose-built diagnostics LIMS to empower labs with the ability to offer at-home tests, and manage lab processes and data efficiently.Helping Diagnostic Labs Stay…

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Several Louisiana hospitals face online tracking lawsuits

Several Louisiana hospitals face online tracking lawsuits

Healthcare IT news

The class action lawsuits filed by Herman Herman & Katz allege Meta Pixel code potentially analyzed, gathered and shared the sensitive medical data of hundreds of thousands of patients across the LCMC Health Systems and Willis-Knighton Health System networks.WHY IT MATTERS
Pixel technology uses a Java tracking script to send an organization’s data to the technology owner, which in this case, is Meta, owner of Facebook, Instagram and WhatsApp. Tracked data could be shared with network marketing partners who target individuals with offers and advertisements.
The new class action lawsuit alleges that visitors to the health system websites may have had their protected…

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