Hemant Taneja, CEO and managing director of venture capital firm General Catalyst, and Dr. Marc Harrison, former CEO of Intermountain Health, announced the formation of a new business venture owned by General Catalyst dubbed the Health Assurance Transformation Corporation (HATCo) that will see Harrison as its CEO.
The pair also announced the intent to buy a health system that will put technology...
Walgreens announced it is partnering with Pearl Health, which offers a technology platform for primary care practices in value-based care arrangements, to expand value-based care options in collaboration with primary care providers.
Pearl Health offers a technology platform for primary care providers participating in Medicare's ACO REACH model. The platform includes data visualizations and...
Health technology company Aledade announced it scored a whopping $260 million in Series F funding.
Lightspeed Venture Partners led the round, with participation from Venrock, Avidity Partners, OMERS Growth Equity and Fidelity Management & Research Company.
According to Bloomberg, the latest funding round brings the company's valuation to $3.5 billion, aiding the company in achieving unicorn...
Babylon's stock price fell sharply after it announced plans to take the multinational digital health firm private, less than two years after the company debuted on the New York Stock Exchange.
Babylon also entered into an agreement with AlbaCore Capital LLP for a secured term loan facility for up to $34.5 million to support the company's plans to delist.
In the first quarter, Babylon reported...
We’re witnessing massive demographic and market shifts that will accelerate the race to value-based healthcare. Case in point: The Medicare Payment Advisory Commission (MedPAC) predicts that Medicare Advantage enrollment will soon eclipse traditional Medicare for the first time.
With more people becoming eligible for Medicare than ever before, our healthcare system is experiencing the broad shift...
The change in reimbursement policies through the pandemic have made it possible to bill for services, such as virtual care, that were previously unavailable or highly restrictive to rural settings. Many digital health startups and companies see these policy shifts as an opportunity to attract new customers and potentially be reimbursed like an in-network provider.
While companies are developing...
Wellvana Health, a value-based care platform for healthcare providers, garnered an $84 million capital investment, bringing its total raise to $140 million.
Heritage Group and Valtruis co-led the investment, with participation from Memorial Hermann Health System.
WHAT IT DOES
The Nashville-based company offers health systems, independent primary care physicians and specialists guidance and...
Canadian health tech company PointClickCare has acquired Patient Pattern, a value-based care electronic health record and integrated care management platform.
Patient Pattern works with Medicare Advantage Special Needs Plans, PACE programs and ACO REACH participants.
The New York-based company offers Care Coach, a workflow management program to help organizations manage fee-for-service and...
Blue Cross and Blue Shield of Minnesota announced it had entered into a full-risk value-based care arrangement with hybrid startup Homeward that aims to increase access for rural Minnesotans.
The insurer and the rural healthcare startup said Medicare Advantage members in 24 Minnesota counties outside of the Twin Cities metropolitan area will be able to use Homeward's services. The company offers...
Value-based care startup Vytalize Health garnered a whopping $100 million in funding. Monroe Capital and Enhanced Healthcare Partners led the round, with participation from North Coast Ventures.
WHAT IT DOES
Vytalize Health offers independent primary care practices treating Medicare patients a value-based care platform with data analytics, including data about their patients, practice, enrollment...
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