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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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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From Diagnosis to Delivery: How AI is Revolutionizing the Patient Experience

Speaker: Simran Kaur, Founder & CEO at Tattva Health Inc.

The healthcare landscape is being revolutionized by AI and cutting-edge digital technologies, reshaping how patients receive care and interact with providers. In this webinar led by Simran Kaur, we will explore how AI-driven solutions are enhancing patient communication, improving care quality, and empowering preventive and predictive medicine. You'll also learn how AI is streamlining healthcare processes, helping providers offer more efficient, personalized care and enabling faster, data-driven

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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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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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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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Change asks to consolidate dozens of cyberattack class-action lawsuits

Health Care Dive

Lawsuits against the UnitedHealth subsidiary are racking up following a cyberattack against the technology firm in late February.

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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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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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How to Make The Best Benefits Decisions for 2025's Workforce: An HR and Total Rewards Guide

Speaker: Kaitlin Ruby Carroll

Retaining top talent in 2025 means rethinking benefits. In a competitive job market, fertility benefits are more than just offerings - they are a commitment to your team’s well-being. Gain critical insights into the latest fertility benefits strategies that can help position your organization as an industry leader. Our expert will explore the unique advantages and challenges of each model, share success stories from top organizations, and offer practical strategies to make benefits decisions tha

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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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Why Every Small Business Needs an HCM Solution: A Comprehensive Guide

Managing HR tasks like payroll, compliance, and employee data can overwhelm small businesses. That’s where a Human Capital Management (HCM) solution comes in. Our eBook, Why Every Small Business Needs an HCM Solution: A Comprehensive Guide , shows how an HCM system automates tedious processes, ensuring your business stays compliant and efficient. You’ll learn how to simplify payroll, eliminate costly errors, and empower your employees with self-service tools.

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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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Best Practices to Streamline Compensation Management: A Foundation for Growth

Speaker: Joe Sharpe and James Carlson

Payroll optimization can be one of the most time-consuming and complex factors of small business management. Yet, organizations that crack the code on streamlining employee compensation often discover innovative avenues for growth. With the right strategies in place, outsourcing and streamlining payroll processes can result in substantial time and resource savings.

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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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How To Empower Your Workforce With Modern Fertility Benefits

Speaker: Andrea Wuchiski

In an era where a workforce spans multiple generations, HR managers and Total Rewards leaders face the unique challenge of designing benefits packages that cater to diverse employee needs. This session will delve into how comprehensive fertility benefits can bridge generational gaps, support employees’ health, and enhance workplace satisfaction. Join us for an insightful session that highlights the strategic importance of fertility benefits in today’s competitive job market.

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Unveiling the Distinctions: Call Center vs Service Desk in Healthcare

Sequence Health

In the healthcare industry, providing timely and effective communication is crucial. It’s not just about attending to calls but about managing these interactions to ensure patient satisfaction and streamline operations. This discussion aims to clarify two key concepts often used interchangeably but distinct in function and scope: call center vs service desk.

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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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Enhance Healthcare Efficiency With Top Payroll & HCM Services

Running a healthcare facility requires precision and care, not just for patients but also for your staff. Our guide, "A Buyer’s Guide to Payroll & HCM Services," helps healthcare providers choose the best provider. Efficient payroll management ensures timely, accurate payments, critical for maintaining staff morale and trust. Compliance support helps navigate complex healthcare regulations and avoid costly fines.

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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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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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Hartwig Medical, Ultima Genomics Partner to Transform Precision Oncology with Affordable Genetic Testing

HIT Consultant

What You Should Know: – Hartwig Medical Foundation , a provider in using comprehensive genetic profiling to improve cancer treatment, and Ultima Genomics , a developer of groundbreaking next-generation sequencing (NGS) technology, announce a groundbreaking collaboration. – The strategic partnership aims to make whole genome sequencing, the most detailed form of genetic analysis, a more accessible and affordable tool in the fight against cancer.

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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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Creating a Company Culture of Care: Integrating Mental Health, Wellbeing, and DEI in Benefits

Speaker: Sean Raible

Picture a workplace where physiological safety is not just an aim but a reality, driven by thoughtful employee benefits that prioritize mental health, wellbeing, and DEI. 🤔 ✨ Achieving this vision requires more than just occasional training sessions and employee assistance programs. Moving beyond the basics, this vision calls for a holistic approach that integrates these elements into your company culture as well as your HR and benefits strategy.