Modern Healthcare Staff Michael Brady Former Deputy Editor of Digital Health Business & Technology See All Staff Page Recent Stories Digital tools give providers a lot of data, but can clinicians trust it? While investment in digital tools has exploded, experts worry that a lack of standardized measures to prove the validity and value of their data could slow provider adoption. Which digital health sectors led VC investment in 2021 Digital health continues to break funding records as companies across the globe raked in $30.7 billion in venture capital in 2021, according to data from Digital Health Business & Technology. Here are the keys to a successful fintech implementation While patient billing is traditionally a revenue cycle concern, it can profoundly affect a hospital or health system. Hospitals turn to fintech as reliance on patient out-of-pocket spending grows Hospitals and health systems are increasingly partnering with financial technology vendors to ease payments for patients and ensure they get the money they’re owed. Mental health startup Quartet Health teams up with Independence Health Group The startup raised more than $60 million to support the new venture, building on an existing partnership between the two companies. Nurse staffing startup Trusted gets nearly $150M in new funding Trusted Health will use the new money to launch Works, its clinical staffing platform, and hire more employees. The company plans to double its headcount by the end of next year. Ribbon Health brings in nearly $44 million in funding Ribbon Health promises to help providers, insurers and other healthcare organizations improve their businesses by supplying real-time, up-to-date information about clinicians. Healthcare professional data startup H1 reels in $100 million in funding H1 plans to use the new money to grow its existing business and expand into new markets, having primarily focused on helping life sciences companies connect with doctors for clinical trials to this point. LifePoint Health launching health tech incubator 25m Health will allow the healthcare giant to invest in building new businesses, products and services, especially those that solve the problems facing rural providers. Hundreds of organizations ask governors to extend telehealth waivers Patient advocates, hospitals and health systems, digital health companies and professional associations are worried people will lose telehealth access unless governors ease medical licensing rules. Healthcare workforce platform ShiftMed raises $45 million ShiftMed is one of several companies trying to capitalize on the nursing shortage by connecting in-demand workers with desperate employers. Physical therapy telehealth startup Hinge Health rakes in $600 million The latest haul boosts the company's valuation to $6.2 billion, making it one of the most valuable digital health businesses. Former HHS official Eric Hargan to advise digital health startup Amino The former deputy secretary of the Department of Health and Human Services will help the company navigate surprise billing and price transparency regulations. Brave Health rakes in $10 million in new funding The mental and behavioral health startup for people on Medicaid has grown quickly, serving more than 65 million covered lives in 10 states, including Florida, New York and Texas. Google hires former Headspace executive to oversee mental and behavioral health Former Headspace Chief Strategy and Science Officer Megan Jones Bell will oversee Google's efforts to address mental and behavioral health. Load More Sponsored Content
Modern Healthcare Staff Michael Brady Former Deputy Editor of Digital Health Business & Technology See All Staff Page