Of the billions of dollars provided by the government to support providers during the pandemic, $11.7 billion has been allocated but not spent, $7.1 billion has not been allocated and $8 billion has been returned for various reasons, including that the organization recovered faster than expected.
The seventh accelerator class includes startups with a range of offerings, from accessible fitness for aging patients to skeletal reconstruction. Each of the eight companies will receive $100,000 and access to clinicians, researchers and administrators to develop their products and grow their businesses.
Hear executives from Quantum Health, Surescripts, EY, Clinical Architecture and Personify Health share their views on digital transformation in healthcare.
CMS will provide $80 million to 60 organizations that train ACA navigators — who help consumers find coverage on the federally funded marketplaces — in the 2022 plan year, up from 30 organizations that received $10 million this year.
The company will use the funds to develop new solutions and tools that can identify and correct anomalies in providers' revenue cycle processes and automate repetitive tasks.
Weill Cornell Medicine has launched a campaign with the goal of raising $1.5 billion that will be used to invest in research initiatives, including a precision medicine enterprise, and to fund a scholarship program that helps students who qualify to graduate debt-free. So far, the health system has raised $750 million.
With plans to sell 60 million shares of common stock, Bright Health will price its IPO between $20 and $23 per share. It will trade on the New York Stock Exchange under the symbol "BHG," according to a recent SEC filing.
Closing cancer health equity gaps require medical breakthroughs made possible by new funding approaches.
The HHS has extended some of the deadlines for using provider relief funds and reporting on that use. Though the move is mostly positive for providers — who were clamoring for this extension — there may be some additional work required to prevent confusion.
The health systems are sinking a combined $100 million into Medically Home Group, which enables clinicians to provide hospital-level care in patients' homes. The funds are intended to scale the company's operations and expand access to its care delivery model.
In a wide-ranging interview, Privia Health CEO Shawn Morris discussed the company's recently closed IPO, its plans for the funds raised and what he sees as the company's biggest value-add as the Covid-19 pandemic enters a new phase.
The physician practice management company launched its IPO through which it plans to sell 19.5 million shares of common stock, priced between $17 and $19 per share. It will use the proceeds for general corporate purposes, like research and development, and to acquire complementary businesses or technologies.
The progress in artificial intelligence (AI) is reshaping patient care, across various dimensions, from facilitating faster discharge to curating treatment plans and suggesting lifestyle changes.
The newly crowned unicorn's insurance product enables members to shop for medical services and pay directly for care. The company raised $125 million in a recent funding round, boosting its valuation, which it will use to increase its footprint and launch new products.