Improving health outcomes in low-income populations is crucial to slowing rising healthcare costs in developed countries. Significant efforts have gone into driving productivity of hospitals and physicians, implementing checklists to standardize care for populations, and using historical cost data to forecast high-cost patients. Despite these efforts, we are not significantly better off today than we were 10 years ago, and overstretched healthcare budgets, especially for the low income, elderly and disabled, are threatening the financial stability of government balance sheets for generations to come. So, what are we missing?
Read MoreProcured Health (Procured), a provider of data-driven technologies that improve patient care while also eliminating wasteful spending, announced today it has secured additional funding from healthcare industry investors, led by Heritage Group, a venture-capital firm backed by some of the nation's leading healthcare companies, and with participation from Health Insight Capital, a subsidiary of HCA.
Read MoreStudioNow, the leader in providing scalable video solutions for big brands, announced today its partnership with Yelp Inc., the San Francisco-based company that helps people find great local businesses. With a network of more than 10,000 highly-curated and vetted video professionals, StudioNow will provide on-demand video creation at an affordable price to the businesses that advertise on Yelp.
Read MoreMediQuire today announced that it closed a Series A investment led by FCA Venture Partners to further empower clinics, providers and health insurance companies to reshape healthcare for 70 million low-income Medicaid patients. The company’s data analytics solution helps reduce quality of care disparities and avoidable medical costs for the riskiest patient populations.
Read MoreConsistent with its predecessor fund, FCA VI will focus on early to growth stage companies in the healthcare IT and technology sectors with disruptive, scalable business models. FCA continues to believe opportunity remains in the healthcare industry as providers are forced to learn how to operate in an environment where they face pressures to be faster, better and cost effective - all while providing higher quality care. FCA VI will make 10-14 investments ranging from $3 to $6 million in companies with proven technology platforms, multiple customers and revenues of $500,000 to $2 million
Read MoreAs a result of the acquisition, Pathfinder has grown its headcount from 14 to 23 employees — retaining Ensure Billing staff and hiring four more staffers. The additional staff are needed for the company’s burgeoning client base, which grew from 80 to 140 after the acquisition, Blackwood said. Pathfinder has clients across the nation and internationally.
Read MoreHospitals across the nation are looking for ways to improve outcomes and reduce clinical spend. However, this can be a challenging task if healthcare organizations aren't armed with the right information. To solve this problem, Vanderbilt looked for outside assistance from Chicago-based Procured Health. Procured offers a medical product research platform that allows users to compare devices. Through comparison, hospitals can determine if a higher price product is worth the extra cost, or if similar outcomes can be achieved using a less expensive product.
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