While this kind of innovation and change can be challenging and is often a significant investment, it represents a powerful combination that can benefit individuals, healthcare professionals, and laboratories.
Function Health, a membership-based platform that gives consumers access to more than 100 different lab tests, closed a Series A financing round that brought its total funding to date to $53 million. The round was led by Andreessen Horowitz and included a slew of celebrity investors, including Matt Damon, Zac Efron, Blake Griffin and Colin Kaepernick.
Dickon Waterfield discusses why Lantern's navigation works.
Real-time insights enable laboratories to be more proactive, strategic, and responsive in managing their staffing needs and mitigating the impact of market forces affecting labor shortages.
The 17% increase is the largest jump since OIG began tracking lab spending in 2014. This increase was due to higher volume for three test types: Covid-19 tests, genetic tests and chemistry tests.
With the projection that the U.S. may spend up to $27.9 billion annually on low-value screening, testing, and procedures considered waste, there needs to be a new approach to how the lab industry develops test menus from which physicians order labs.
As the U.S. healthcare industry continues to advance value-based care and population health, lab testing price transparency and payment integrity programs should be a priority.
Sheila Bond, MD, talked about the latest trends regarding integration of AI in healthcare.
Walmart's partnership with Health at Scale is meant to connect employees and their families with health providers who can best care for them. The retail giant's collaboration with Quest Diagnostics is aimed at increasing consumer access to high-quality lab tests.
Truepill, the company operating behind-the-scenes to help digital health companies with pharmacy fulfillment and telehealth visits, has added a third feature: at home testing. CEO Umar Afridi hopes the trio of services will create a seamless experience for most people’s basic health needs.
Truepill, the startup behind direct-to-consumer health brands like Hims and Nurx, plans to expand into lab testing. The startup raised $75 million in a series C funding round.
Doctor on Demand will utilize the Change Healthcare Intelligent Healthcare Network to give telemedicine patients more power over when and where their lab work is done.
How Zelis hopes to solve the healthcare financial system for payers and providers.
The site will return a list of nearby labs that are in the patient’s insurance network, and the test can then be scheduled online.
The company makes oral cancer testing products using biomarkers that might lead to earlier detection of the disease.
An Austin, Texas-based startup is hoping to capitalize on a gap in the home lab test market by offering three new diagnostic tests, each for less than $100.
The lab giant will provide diagnostic testing services at Quest-branded Patient Services Centers next to the pharmacies at 12 Safeway stores in five states. Presumably, these will occupy spaces originally built for Theranos labs.
Lab tests provide impact more than 70 percent of medical decisions and comprise upwards of 80 percent of a patient’s EMR.