Tomorrow Health — a relatively new startup seeking to become an Amazon-like service for home health providers — has partnered with Geisinger Health Plan (GHP). The goal of the partnership: to give patients better access to home durable medical equipment (DME) and supplies. Back by venture capital giant Andreessen Horowitz, Tomorrow Health and its digital […]
Category: Technology
Telehealth vendors experienced a major business boom last year due to the COVID-19 pandemic. Many believe the increased demand will stick around in 2021, too, driven by a need to constantly monitor vulnerable populations in the home setting. Synzi — a St. Petersburg, Florida-based company that provides virtual visit and messaging tools via its telehealth […]
The public health emergency has resulted in higher demand for home medical equipment (HME). Several factors are contributing to the trend, including the rise of hospital-at-home programs, the diversion of patients away from skilled nursing facilities (SNFs) and individuals generally voicing a preference for home-based care. As an industry, HME is fairly diverse when it […]
It appears some health care companies are still opting to go public the old-fashioned way. Signify Health — a value-based care platform that uses advanced analytics and other technology to shift health services toward the home — filed an S-1 on Tuesday, indicating its intention of going public. The move comes roughly a year and […]
Dina — the Chicago-based AI-powered platform that helps bridge the gap between health systems, payers and in-home care providers — is setting its sights on expansion. It now has additional resources to accomplish that goal, too. The company announced Monday that it has raised $7 million in Series A funding, with the round led by […]
WellSky announced Thursday that it has completed its acquisition of care coordination software company CarePort Health. Under terms of the deal — first announced in October — WellSky purchased CarePort from Allscripts Healthcare Solutions (Nasdaq: MDRX) for a price tag of $1.35 billion. Allscripts is a health care information technology provider. CarePort’s platform helps health […]
For the home health industry, 2020 was the year agencies unquestionably embraced telehealth. Amid the COVID-19 emergency, virtual visits have become a key tool utilized in the delivery of care. One company, CommonSpirit Health at Home, has long recognized the value of telehealth. Prior to the COVID-19 emergency, CommonSpirit Health at Home had plans to […]
The health care SPAC boom continues. On Friday, Deerfield Healthcare Technology Acquisitions Corp. (Nasdaq: DFHT) announced it is acquiring CareMax Medical Group and IMC Medical Group Holdings for $364 million and $250 million, respectively. The New York-based Deerfield — a special purpose acquisition company — says it plans on merging the two senior care organizations […]
Bayada Home Health Care and CareBridge announced Tuesday that the two companies are teaming up to better manage health care costs. A nonprofit, the Moorestown, New Jersey-based Bayada provides a range of in-home care services to older adults, children and individuals living with disabilities across 22 states and more than 345 locations. The large home-based […]
PointClickCare Technologies has reached an agreement to acquire Collective Medical. The deal is for nearly $650 million, according to Business Insider, which first reported the news on Tuesday. Mississauga, Ontario-based PointClickCare is a cloud-based software vendor for more than 21,000 skilled nursing facilities, senior living communities and home health agencies. As a company, PointClickCare’s solutions […]