Mon.Apr 08, 2024

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Mental health tech startup Grow Therapy snags $88M, builds out measurement-based care tech

Fierce Healthcare

Grow Therapy, a mental health technology startup, picked up $88 million in fresh funding to grow its footprint and launch more partnerships with payers. | Grow Therapy, a mental health technology startup, picked up $88 million in fresh funding to grow its footprint and launch more partnerships with payers.

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The 7 Ps of Marketing

Healthcare Success

As an engineering undergrad, I took a Marketing 101 class on a lark, seeking to better understand the psychology behind consumer behavior and developing products with a competitive edge. On the first day of class, we learned the fundamental concept of the 4 Ps of marketing. However, today, I like to use an expanded “7 Ps” definition. In any event, this marketing mix remains essential for any successful marketing strategy.

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Fitch: MA utilization spike clouds outlook for payers in early 2024

Fierce Healthcare

Health insurers are gearing up to release their first-quarter results over the next several weeks, and a new analysis from Fitch Ratings finds that ongoing concern about utilization in Medicare Adv | A new analysis from Fitch Ratings finds that ongoing concern about utilization in Medicare Advantage has made for a cloudy outlook.

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Trial shows Wegovy can ease heart failure symptoms

Health Care Dive

Earlier testing resulted in expanded approval as well as broader Medicare coverage. Now, Novo Nordisk has proved Wegovy can benefit heart failure patients, too.

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How to Battle Layoffs: The Career Star Accelerator Bootcamp

Facing layoffs in your organization? Support your team members' career transition with Career Star Accelerator Bootcamp: Custom Resume & LinkedIn Revamp + 6 Weeks of Career Coaching. Our certified resume writers will create job search-winning resumes and LinkedIn profiles while they work with a career coach to learn unique strategies to stand out, attract the right employers, automate their job search, and land their dream job.

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'Sobering' study finds nearly no benefits from medical debt relief efforts

Fierce Healthcare

A nonprofit organization’s work buying out and forgiving billions of dollars of medical debt may not be helping patients as much as it or its benefactors had hoped, economists say. | An experimental review of medical debts relieved by the charity RIP Medical Debt in 2018 to 2020 showed near-negligible changes in credit, no improvement in financial well-being, no changes in repayment or utilization behaviors and worsened mental health among those with the most debts.

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Digital at the core of a collaborative care model

Healthcare It News

Adopting a collaborative model of care is one approach that can help temper the rising cost of healthcare globally. Island Hospital, a private quaternary hospital in Malaysia, is providing a case for this by building an integrated health ecosystem that fosters cooperation and collaboration among stakeholders. "Collaborative models allow healthcare providers to reach a broader population, including underserved communities, thereby addressing health disparities and reducing the burden of prev

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Asynchronous video for pre-op boosts patient and staff experience

Healthcare It News

Northwestern Ontario covers a geographical area the size of France, but is sparsely populated, having only around 230,000 residents. THE PROBLEM Thunder Bay Regional Health Sciences Center (TBRHSC) staff know that with limited health resources throughout Northwestern Ontario, it's very important they work together across all hospitals that provide surgical services to improve access to care for remote and rural patients.

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CMS caps broker payments in Medicare Advantage

Health Care Dive

The final rule issued Thursday prevents insurers from paying brokers additional fees for steering beneficiaries to their plans.

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New Epic, Press Ganey integration automates nursing quality, safety data reporting

Fierce Healthcare

Patient experience monitoring company Press Ganey has taken its data integration partnership with Epic a step further, unveiling Monday an additional collaboration focused on nursing-related safety | Indicators and outcomes logged in the EHR platform will be pulled into Press Ganey's National Database of Nursing Quality Indicators, which is used by over 2,000 organizations to benchmark the performance of their nursing teams.

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The benefits of Apple Vision Pro for mental health

Healthcare It News

Medical XR use in psychotherapy and its validity in mental healthcare offerings discussed by Dr. Kim Bullock, a psychiatrist, neuropsychiatrist and founder of the Virtual Reality and Immersive Technology Clinic at Stanford University.

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5 Essentials for Healthcare CIOs: A Provider Data Management Checklist

Complete and accurate provider data is essential for health organizations to operate effectively. A better understanding of your provider network helps to understand patients and consumers, identify gaps in care, and make the best possible decisions for your businesses. A modern provider data management solution should power a complete and accurate view of each of your providers, make this data easily accessible across functional groups, and be flexible and agile enough to scale. with your needs

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More deal volume, lower check sizes for digital health in Q1, with AI investment leading the pack: Rock Health

Fierce Healthcare

Digital health startups are navigating a tougher funding environment with lower check sizes and more attention to evidence-based outcomes in 2024. | In the first quarter, U.S. digital health startups raised $2.7 billion across 133 deals, with an average deal size of $20.6 million, according to an analysis by Rock Health.

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Physicians ask FDA to revoke approval of DNA test for opioid addiction

Health Care Dive

Providers said the test is based “on old genetic studies that have largely been abandoned” and could exacerbate the opioid crisis.

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MA enrollees like breadth of plan options, Harvard research finds

Fierce Healthcare

Enrollees in Medicare Advantage (MA) plans with no monthly premiums are three times more likely to be nonwhite compared to traditional Medicare counterparts, research from Harvard Medical School an | In Medicare Advantage plans with $0 monthly premiums, enrollees are three times as likely to be nonwhite, research from Harvard and Inovalon shows.

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The National Academy of Medicine Unveils Draft Code for Responsible AI in Healthcare

HIT Consultant

What You Should Know: – The National Academy of Medicine (NAM) is taking a pioneering step towards ensuring the ethical and safe use of Artificial Intelligence (AI) in healthcare. – A new report, “ Artificial Intelligence in Health, Health Care, and Biomedical Science: An AI Code of Conduct Principles and Commitments Discussion Draft, ” outlines a comprehensive framework to guide responsible AI development and implementation.

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Level up Culture & EQ | Sign up for the #CultureDrop

Once a week, culture & leadership expert Galen Emanuele gives free, actionable EQ training in 5 minutes or less. Subscribe to the #CultureDrop and access free resources & content.

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Streamlining Procurement to Cut the Total Cost of Care

Fierce Healthcare

Today’s value-based care models emphasize the importance of delivering high-quality care at a reasonable cost, rather than paying for treatment based solely on the volume of services provided. | Today’s value-based care models emphasize the importance of delivering high-quality care at a reasonable cost. Improving the efficiency of procurement processes not only cut costs but also contribute to improved patient care outcomes by ensuring that all necessary supplies and services are always readily

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The Rise of Culturally Competent Care: Health Equity & Technology

HIT Consultant

Unmesh Srivastava, Chief Digital and Technology Officer at Clever Care Health Plan The United States Census Bureau released its most recent statistical findings in 2020, revealing a notable increase in the diversity of the nation’s population. In 2010, the likelihood of randomly selecting two ethnically or racially diverse individuals was 54.9%. By 2020, this had risen to 61.1%.

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Clover Health threatened with Nasdaq delisting again

Fierce Healthcare

The Nasdaq is warning Clover Health, again, that it could get delisted from the exchange after its stock price fell below $1 per share for 30 consecutive days. | Clover Health will have to escape danger once again, as Nasdaq is giving the insurtech 180 days to raise its stock price. The company is considering a reverse stock split.

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Machine learning predicts hospitalization during cancer treatment

Health IT Analytics

Machine learning models using daily step counts and other wearable data accurately predicted unplanned hospitalization during concurrent chemoradiotherapy.

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A Guide to Improved Sepsis Detection & Compliance: 6 Areas You Should Address

This guide highlights key areas that your sepsis detection platform should address to minimize the impact of this leading, entirely preventable cause of in-hospital deaths, as well as how to increase compliance by 20% in 30 days. Download to learn more!

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Verily Powers Otsuka’s Longitudinal Registry to Advance Mental Health Research

HIT Consultant

What You Should Know: – Otsuka Pharmaceutical Development & Commercialization, Inc. (Otsuka) , a global pharmaceutical company, and Verily Life Sciences LLC (Verily) , a precision health technology company, have teamed up to launch a groundbreaking research initiative called “ My Mental Health Journey.” – The longitudinal registry study aims to significantly enhance our understanding of depression and other mental health conditions.

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Considering Equity and Consumer Impacts of GLP-1 Drugs – A UBS Economist Weighs In

Health Populi

Since the introduction of GLP-1 drugs on the market, their use has split into two categories: for obesity and “recreationally,” according to the Chief Economist with UBS (formerly known as Union Bank of Switzerland). Paul Donovan, said economist, discusses The economics of getting thin in his regularly published comment blog. “These different uses have different economic consequences,” Donovan explains: Obese patients who use GLP-1s should become more productive employee

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EMA and delays in drug launch

Healthcare ECONOMIST

For patients with serious illnesses, timeline access to efficacious medications is paramount. The European Medicines Agency (EMA) was created in part to help expedite drug approvals and insure these products are save and effective. As stated in a paper by Grünwald and Stargardt (2024) : The EMA [European Medicines Agency] was founded in 1995 primarily to harmonize the marketing authorization of pharmaceuticals in the EU and EEA…as there had been substantial differences among European count

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UnitedHealth Faces New Ransomware Threat After Alleged $22M Payment Failure

HIT Consultant

Image by freepik What You Should Know: – UnitedHealth Group is embroiled in a new ransomware saga, just as it recovers from a February attack, according to a blog post from threat intelligence firm SOCRadar. – A hacking group called RansomHub claims to possess 4 terabytes of stolen data from UnitedHealth’s subsidiary, Change Healthcare and is demanding a ransom to prevent its release.

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The New Tech Experience: Innovation, Optimization, and Collaboration

Speaker: Paul Weald, Contact Center Innovator

Learn how to streamline productivity and efficiency across your organization with machine learning and artificial intelligence! No matter what industry you're in - healthcare, customer service, sales, and more - it’s easier than you think to reduce wait times, monitor sentiment, and provide enhanced self-service options for all of your users. This means that you can achieve a more consistent and engaging customer experience while reducing sources of friction.

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Holland & Knight Health Dose: April 9, 2024

HKLaw

Holland & Knight Health Dose is an in-depth weekly dose of legislative and regulatory insights to keep stakeholders abreast of happenings in Washington, D.C., impacting the health sector.

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Grow Therapy Secures $88M, Launches Enhanced Platform for Value-Based Mental Healthcare

HIT Consultant

What You Should Know: – Grow Therapy , a mental health technology company focused on provider-centric care, raises $88M in Series C funding led by Sequoia Capital. The round included participation from Growth Equity at Goldman Sachs Alternatives , PLUS Capital , and a unique group of celebrity investors including Anna Kendrick, Lily Collins, and prominent athletes. – The funding fuels Grow Therapy’s mission to make high-quality mental healthcare accessible to all.

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Readers Write: Navigating the Talent Terrain: Choosing Between Full-Time Employees and Fractional Resources in IT Hiring

HIStalk

Navigating the Talent Terrain: Choosing Between Full-Time Employees and Fractional.

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Vista Equity Partners Acquires Model N for $1.25B

HIT Consultant

What You Should Know: – Model N (NYSE: MODN), a leading provider of revenue optimization and compliance solutions for the life sciences and high-tech industries, has announced a definitive agreement to be acquired by Vista Equity Partners (“Vista”). – Under the terms of the agreement, Vista will acquire all outstanding shares of Model N common stock for $30.00 per share in an all-cash transaction valued at approximately $1.25 billion. – The transaction is expected t

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Strategies to Deal with Collaborative Healthcare Communication

Speaker: Dr. Ugo Uwaoma, MD, MBA

Due to the impact of COVID-19, integrating telehealth software into practices and organizations has become the new normal. In turn, this has increased the effectiveness of collaborative healthcare by strengthening communication amongst healthcare workers and helping combat the woes of burnout. Communication between patients and healthcare providers has also improved, allowing patients to reach their providers easily and decreasing turnaround time.

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The Potential of Smart Treaties

The Rand Blog

Blockchain technology presents numerous opportunities for the development of trade and commerce. One particularly interesting opportunity is smart contracts, an application that could have broad geopolitical implications if applied to treaties.

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Synchron Launches Patient Registry for Stentrode Brain-Computer Interface

HIT Consultant

What You Should Know: – Synchron , a company pioneering brain-computer interface (BCI) technology unveils a community registry that aims to bring together patients with motor impairments, their caregivers, and medical professionals to explore the potential of BCI in restoring lost functionality. – By uniting patients, caregivers, and medical professionals, this initiative has the potential to revolutionize the way we treat motor impairments and empower individuals to regain control o

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Curbside Consult with Dr. Jayne 4/8/24

HIStalk

I found myself working this weekend in the path of.

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Nucleai, GoPath Diagnostics Partner to Power AI-Powered Digital Pathology

HIT Consultant

What You Should Know: – Nucleai , a leader in spatial biology and AI , and GoPath Diagnostics , a leading provider of digital pathology and molecular diagnostics, announced a strategic collaboration today. – The partnership aims to revolutionize clinical trials, diagnostics, and research in oncology and immunology by combining their strengths in AI and real-world data.

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Top 12 Telehealth KPIs Every Health Tech Leader Should Know

Speaker: Matt McBride, CEO and Co-Founder of Mend

Patient engagement happens before, during, and after interactions. Consumer research has found that in 2021, 64% of US households reported using Telehealth services. In addition 34% of patients would prefer Telehealth visits to in-office visits. Accessible patient engagement technology can help you improve your relationships with your patients while also improving your KPIs.