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Senior Companion Platform Papa Raises $150M at $1.4B Valuation

HIT Consultant

– Since its 2017 founding, Papa and its Papa Pals have served members in all 50 states, across Medicare Advantage, Medicaid, and employer health plans.

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Opioid Use Disorders Cost U.S. Hospitals More than $95B Annually

HIT Consultant

What You Should Know: – Based on prevalence estimates from PINC AI™ data during 2017-2022, an estimated 66 million emergency department (ED) outpatient visits and 760,000 inpatient admissions in the U.S. during 2017-2022, creating a substantial economic burden for affected hospitals. – Patients with an OUD diagnosis had 32.5

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3 Ways Consumers are Putting the Pressure on Health Plans

Healthcare IT Today

The following is a guest article by Mike Pattwell, Principal Business Advisor, Value Based Care at Edifecs Consumers are at the heart of healthcare — their fears are forcing healthcare innovators to shift priorities to deliver consumer-centric digital health offerings. In the same time period we have seen a large surge in Medicaid enrollment.

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Better Data Will Serve as the Foundation in Modernizing the Medicaid Program

CMS.gov

Better Data Will Serve as the Foundation in Modernizing the Medicaid Program. Administrator, Centers for Medicare & Medicaid Services. Medicaid & CHIP. Better Data Will Serve as the Foundation in Modernizing the Medicaid Program. Between 2013 and 2016, Federal spending on Medicaid grew by over $100 billion.

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M&A: Phreesia Acquires Insignia Health to Improve Patient Experience

HIT Consultant

What You Should Know: – Phreesia’s acquires Insignia Health, a mission-oriented company dedicated to improving health outcomes through patient activation. PAM results are used to improve risk identification, guide patient support and evaluate impact as a patient-reported outcome measure (PROM).

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ClosedLoop.ai Raises $34M to Expand Healthcare Data Science Platform

HIT Consultant

In 2018, 36% of spending was via alternative payment models and by 2025, CMS has targeted 100% of Medicare and 50% of Commercial and Medicaid spending.4 4 AI will help providers succeed under these models because it gives them the ability to predict patient-specific outcomes so they can adjust patient care, improve outcomes, and reduce costs.

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Raising Clinical Outcomes and Engagement Through Healthcare Equity: What Health Plans Need to Know

HIT Consultant

Social drivers of health, which impact a disproportionate number of non-white Americans who live below the poverty line, account for as much as 90% of individuals’ health outcomes. In other words, most health system interventions lack equitability. These are just two examples of data that highlight the need for equity.