Nordic Capital acquired a majority stake in health data platform Arcadia. Together, the two aim to accelerate the company’s mission of advancing value-based care through AI and data analytics. Arcadia CEO Michael Meucci views the deal as both a validation of the company’s strategy and part of a broader wave of healthcare investments focused on interoperability, AI and payment reform.
Healthcare AI is developing at a rapid rate, and the industry’s attitude on how to best regulate and deploy this technology is evolving every day, according to leaders attending this year’s ViVE conference.
At a time when AI is reshaping pharma, Reverba Global CEO Cheryl Lubbert explained in an interview why empathy, context, and ethics still require a human touch.
Most Americans don’t understand how an administration's view on healthcare data sharing interoperability could directly impact them, pointed out Arcadia CEO Michael Meucci. More requirements around data sharing could lead to better care continuity, improved outcomes and lower costs.
At HLTH 2024, I had dozens of conversations with providers, investors and digital health startup executives. Here are seven refreshingly honest takes I heard from them.
Nearly all CIOs and other healthcare technology leaders at provider organizations believe that effectively leveraging AI gives them a competitive edge, according to new research. However, the report also found that some organizations still struggle with barriers to adoption, such as the lack of the right talent and concerns about ethics, privacy and security.
In this month’s episode, Senior Reporter Katie Adams discussed some executive moves and layoffs that recently occurred in the healthcare sector. She also interviewed Aneesh Chopra, who transitioned to the role chief strategy officer at Arcadia following the company’s recent merger with his startup, CareJourney.
A new report by Paubox calls for healthcare IT leaders to dispose of outdated assumptions about email security and address the challenges of evolving cybersecurity threats.
This week, health data platform Arcadia acquired CareJourney, a health analytics firm designed to facilitate participation in value-based care contracts. The deal combines Arcadia’s data platform, analytics and workflow tools with CareJourney’s trove of data on cost, quality and benchmarks.
Value-based care results in a lot of added administrative tasks for physicians — so much so that one health system leader believes value-based care will never reach true scale unless providers figure out how to ease that burden. The adoption of new technology, coupled with workflow training from fellow physicians, can help address this issue, population health experts say.
Guidehealth, a nascent value-based care enablement startup, acquired Arcadia’s value-based care service division. Acquiring this business unit allows Guidehealth to provide health systems with a platform that helps them succeed in value-based care arrangements while still maintaining their patient volume levels.
Health systems have been increasingly dropping MA contracts, saying that they cause their organizations to lose too much money and result in dangerous patient care delays. To mitigate this issue, experts think large MA plans need to delegate more utilization management duties to health systems rather than handling it themselves.
The home care industry is booming. As Baby Boomers age and more families seek in-home solutions for loved ones, demand for home care services is at an all-time high.
The digital health sector has entered a new era when it comes to funding, and startups in this space must quickly adjust to an investment landscape that is characterized by lower check sizes, fewer deals and smaller cohort of investors. If things continue at the pace the sector has maintained throughout the first half of the year, 2023 will mark the field's lowest yearly fundraising total since 2019, according to a new report.
Massachusetts-based Arcadia raised growth capital from Cigna Ventures and existing investors. The company aggregates data from health record systems and uses it to drive improvements in performance.