UpStream — a company that provides technology and services for physicians enrolled in value-based care models — raised $140 million in Series B funding. The company doesn't charge providers to use its services. It has negotiated rates with Medicare programs and takes on both upside and downside risk — but physicians "only see the upside" because they get paid by UpStream no matter what, according to CEO Sanjay Doddamani.
Remote patient monitoring has the potential to transform the medical device industry. But it can't happen without collaboration with digital health companies that can provide the infrastructure to gather data from these devices and generate real world evidence (RWE).
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The innovation institute run by the University of North Carolina at Chapel Hill teamed up with Amazon Web Services to create a venture studio to turn the university's digital health research concepts into full-fledged startups. AWS' platform beat out the other major cloud providers because it was "the most entrepreneurial," according to the venture studio's managing director.
By Amanda James Thursday, December 1, 2022 6:16 PM
Medical software company Cerner must head to trial for a jury to decide whether its software contained design defects that caused brain damage to a 25-year-old who was undergoing surgery to remove his gallbladder.
By Marissa Plescia Thursday, December 1, 2022 5:33 PM
An AHIP survey found that 73% of commercially-insured telehealth users think that Congress should make telehealth provisions permanent. These provisions were put in place to meet Americans' needs during Covid-19.
By Marissa Plescia Thursday, December 1, 2022 2:47 PM
In the third quarter of 2022, BCBS Massachusetts' members had about 8 million behavioral health visits, compared to about 4 million in 2019. In response, the insurer is expanding its mental health services by contracting with Talkiatry, And Still We Rise and DynamiCare.
By Ameet Mallik Thursday, December 1, 2022 2:00 PM
People are living longer and this growing patient population needs innovative treatments tailored to the needs of aging bodies, which is why clinical research must include elderly patients.
By Todd Johnson Thursday, December 1, 2022 9:00 AM
Thanks to the convergence of cloud technologies, AI, and refined lung data, we are in a new era for those with chronic lung disease. In this new world, lung intelligence provides fast, precision measures of treatment efficacy so new drugs can blaze through the trial pipeline.
Among the takeaways from HLTH 2022 were the impact of consolidation on clinicians, behavioral health tools to help consumers manage stress and anxiety more productively, and how health tech and medtech companies are supporting remote patient monitoring and testing.
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