The change in reimbursement policies through the pandemic have made it possible to bill for services, such as virtual care, that were previously unavailable or highly restrictive to rural settings. Many digital health startups and companies see these policy shifts as an opportunity to attract new customers and potentially be reimbursed like an in-network provider.
While companies are developing...
OpenLoop, which provides staffing and support to digital health companies launching virtual care services, garnered $15 million in Series A funding and announced a nationwide payer network and revenue cycle management service.
Nava Ventures led the round, with participation from PrimeTime Ventures, UnityPoint Health Ventures, ManchesterStory and SpringTide Ventures.
WHAT IT DOES
The Iowa-based...
New legislation would allow for reimbursement of prescribed digital therapeutics under Medicare, which proponents argue could increase access to these emerging treatments. Still, others say it's new technology, and the wrong reimbursement model could tamper innovation and increase patient costs.
The Access to Prescription Digital Therapeutics Act of 2022, introduced in the U.S. Senate in March...
Hint Health announced it had purchased AeroDPC, which offers an EHR and practice management software for direct primary care clinics.
Hint's tools include HintOS, a platform geared toward practices using a subscription-based payment model for care instead of working through insurers. It assists with enrollment, member management, billing and administration.
Immediately following the deal,...
Digital health and telehealth have been around for some time, but it’s only with the COVID-19 pandemic that their adoption has made a big leap forward.
Used at the beginning of the pandemic mainly in the form of videoconferences and telemedicine, remote patient monitoring (RPM) is currently adopted by an increased number of physicians and sustained by several reimbursement policies issued by...
Digital chronic condition management company DarioHealth has entered into a $30 million strategic partnership with biopharma giant Sanofi to speed adoption of Dario's suite of tools in the U.S.
The agreement with the multinational pharma company's U.S. division will focus on "significantly" expanding Dario's sales to health plans and to select employers. The deal also allows the companies to...
In early February, Big Health announced Gabriela Perez had joined the digital therapeutics company as chief commercial officer. She most recently worked at the reproductive care-focused Ovia Health, which was acquired by Labcorp in August last year.
Perez sat down with MobiHealthNews to discuss her new job, what she's learned from past roles and how the digital therapeutics space might evolve....
The digital health sector had a huge funding year in 2021, with Silicon Valley Bank reporting health tech companies scored nearly $40 billion, double 2020's total.
As more of these companies move out of the growth stages, how will healthcare providers get reimbursed for using their technologies? And what's the state of the reimbursement landscape right now?
"So I would typify it as better than...
Real-world clinical data analytics company Verana Health scooped up $150 million in Series E funding.
The round was led by Johnson & Johnson Innovation and Novo Growth, with participation from GV, Casdin Capital, Brook Byers, Merck Global Health Innovation Fund, THVC and Breyer Capital. Verana plans to use the influx of capital to expand its life sciences products across the drug development...
The digital health industry experienced a big growth year in 2021. According to Rock Health’s third quarter analysis of the space, funding had already reached $21.3 billion across 541 deals. The year surpassed 2020’s full-year funding total after the second quarter.
Russ Johannesson, CEO of diabetes and chronic condition management company Glooko, told MobiHealthNews the COVID-19 pandemic...
.jpeg?itok=HF3iI7dj "Person answering their front door and getting a delivery from another person")
_30.jpg?itok=YjiOZus9 "Businesspeople shaking hands")
_12.jpg?itok=uOIFAYBL "Businesspeople shaking hands")
