medical devices
Engaging vulnerable populations: Making the right connections for better health
A woman from a low-income neighborhood chooses not to receive care from her closest health center, which is located in a wealthy community, because of a demeaning interaction she previously had with the office staff there. A Spanish-speaking man whose prostate cancer has been in remission avoids making a follow-up appointment because he’s uncomfortable navigating discussions with staff in English. His …
From Post-it Notes to AI: How AI technology can improve workflow for mental health clinicians
Until Dr. Shiri Sharvit, chief clinical officer of Eleos Health, started adopting artificial intelligence in her work as a practicing mental health clinician, her companion was a Post-it Note. But these Post-it Notes would sometimes get lost or have water spilled on them. Then came Eleos, an AI solution that improves workflow for behavioral health …
Digital health investment undergoing a healthy reset, future to be defined by value
After the dizzying pace of digital health investment in 2021, it’s helpful to assess what has happened so far this year and what activity this sector is likely to see for the rest of 2022. According to this H1 2022 report from Rock Health, digital health funding activity has slowed, a trend that the industry …
Health tech vendors can be the middleman that improves payer-provider relationships
It’s no secret that payers and providers have a historically antagonistic relationship. This struggle was noted in KLAS’ recent “Points of Light” report, which optimistically explored case studies of successful payer-provider collaborations. After diving deeper into the case studies focused on reducing administrative burden through automation, one thing became clear: payers and providers still struggle …
Private-Equity Group Reaches Deal to Buy Medline for Over $30 Billion
A group of private-equity firms reached a deal to acquire Medline Industries Inc. that would value the medical-supply company at more than $30 billion, in one of the largest leveraged buyouts since the financial crisis. The Wall Street Journal reported earlier Saturday that the group was close to a deal after beating out a rival …
Healthcare companies raise record-breaking $31.6B in first quarter
Healthcare investments continued to grow at a record-breaking pace, according to a new report by CBInsights. In the first quarter of 2021, healthcare companies around the world raised a total of $31.6 billion, up from the previous quarter’s height of $25.5 billion. The number of deals also increased from 1,429 to 1,551. Healthcare companies continued …
Technology boosts care delivery, population health efforts amid Covid-19 pandemic
Though the U.S. healthcare system is straining under the burden of the Covid-19 pandemic, there has been acceleration in one area of the industry: innovation and IT efforts. Organizations are crediting technology with helping them stay connected with their patients and advancing their population health efforts, despite the growing healthcare access challenges brought on by …