Pearl Health, which offers a technology platform for primary care practices in value-based care arrangements, announced Thursday it had raised $55 million in Series B funding. The company said it also anticipates receiving a $20 million line of credit outside of the equity raise.
The round was led by Andreessen Horowitz and Viking Global Investors, with participation from investors including...
MDSave, a Nashville, Tennessee-based healthcare transparency company, secured a $5 million investment from Cambia Health, a holding company that owns a number of large insurance plans, MobiHealthNews has learned.
“It was a strategic investment by Cambia to help MDSave expand our portfolio of our payer services that we offer,” MDSave CEO Paul Ketchel told MobiHealthNews. “We have a partnership...
The technology being used by accountable care organizations is fairly limited, according to a new survey of 69 ACOs recently conducted by the eHealth Initiative. While 75 percent used EHRs and 62 percent offered a patient portal, only 20 percent used some kind of telemedicine and 30 percent use electronic forms to capture patient data.
"We think this shows technology isn’t really central to...
Steward Health Care System's President Dr. Mark Girard, who spoke at the Digital Healthcare Innovation Summit in Boston this week, discussed how Steward's facilities use digital health tools to manage their patient populations.
According to Girard, there are two fundamental processes in healthcare, information flows and people flows. The ideal, he said, is for both processes to be happening at...
Over the course of the past decade the concept of an accountable care organization (ACO) has come to define a variety of healthcare provider setups that have primary care as a core focus, payments tied to care quality improvements, and an incentive for lower costs. These models have long been held up as ideal contexts for the flourishing of digital health tools. While not all ACO systems are...
Frisco, Texas-based population health management company ZeOmega has raised $21.5 million in its second of funding, a raise that comes on the heels of a partnership announcement to develop the company's first mobile apps.
The round was led by private fund Bregal Sagemount. The fund's founding partner, Phil Yates, will join the company's board of directors. Others who contributed to the raise...
Quantia Communications, parent company of physician social networking site QuantiaMD, has raised $10 million in Series B venture capital. The money will allow Waltham, Mass.-based Quantia to start marketing its "physician relationship management" services and online community of more than 200,000 physicians to health systems.
Publicly traded venture capital firm Safeguard Scientifics contributed...
For the next generation of doctors, 66 percent turn to the Internet or a mobile device first for clinical answers, according to a recently released survey by physician reference app maker Epocrates.
In their eighth "Future Physicians of America" survey, the company, which is now an athenahealth subsidiary, talked to 1,026 current medical students about a number of topics, including digital habits...
Qualcomm Life, the Qualcomm subsidiary that offers the 2net platform and hub for connecting home remote monitoring devices to the cloud, announced that it is acquiring San Diego-based HealthyCircles, a software-as-a-service startup that helps different care providers share patient information securely in a hospital setting. HealthyCircles Founder and Chief Strategic Officer Dr. James Mault, who...
Emmi Solutions' patient engagement software.
Whether intentional or coincidental, the timing of Clay Christensen's controversial Wall Street Journal editorial on "The Coming Failure of ACOs" was interesting, putting Christensen's well-rooted skepticism at the forefront of the conversation going into HIMSS 2013, where ACOs were a dominant topic of discussion. Christensen contends that ACOs will...
