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October 18, 2023 News No Comments

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Waymark announces $42 million in funding in an investment round led by Lux Capital, bringing its total funding to $87 million. The company offers tech-enabled care support services to primary care teams and their Medicaid patients in Virginia and Washington.

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Co-founder and CEO Rajaie Batniji, MD also helped to launch health benefits management software vendor Collective Health, where he still works part-time.


Webinars

October 25 (Wednesday) 2 ET. “Q&A: What’s new with the NSA? A No Surprises Act update.” Sponsor: Waystar. Presenters: Joseph Mercer, JD, managing director, Marwood Group; Heather Kawamoto, VP of product strategy, Waystar. The No Surprises Act created a lot of change,  and those changes are still coming. A panel of revenue cycle experts answer frequently asked questions and offer a concise update on the NSA, including legislative developments, FAQs, and tips for navigating changes.

October 25 (Wednesday) 2 ET. “AMA: The Power of Data Completeness.” Sponsor: Particle Health. Presenters: Jason Prestinario, MSME, CEO, Particle Health; Carolyn Ward, MD, director of clinical strategy, Particle Health. Is your healthcare organization looking to drive profitability and scale quickly? Our experts will explore how comprehensive clinical data can revolutionize the health tech landscape. This engaging discussion will cover trending topics such as leveraging AI and data innovation to enhance patient care and outcomes, real-world examples of organizations leading the charge in data-driven healthcare, overcoming challenges in data completeness and interoperability, and visionary perspectives on the future of care delivery.

Previous webinars are on our YouTube channel. Contact Lorre to present or promote your own.


Acquisitions, Funding, Business, and Stock

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Ventricle Health, a virtual and at-home cardiology care provider, raises $8 million in seed funding. The company works with ACOs, primary care practices, and payers.

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Allara raises $10 million in a Series A funding round. The startup offers membership-based virtual care and online prescriptions to women suffering from chronic hormonal, metabolic, and gynecological conditions. Allara CEO Rachel Blank was formerly a director at women’s online health and wellness company Ro.


Announcements and Implementations

Sphere company Health IPass announces GA of cloud-based payments processing technology.

Well Health Technologies develops AI-enabled disease diagnosis capabilities using technology from HealWell AI.

Radiology Associates of Keene (NH) selects RCM software and services from Healthcare Administrative Partners.

CareCloud announces GA of its CirrusAI digital healthcare assistant, powered by Google’s new Vertex AI technology.


Other

Patients on Canada’s Prince Edward Island are losing patience with the province’s telemedicine service due to licensing rules that prevent non-local physicians from seeing patients virtually during peak appointment times. While the number of appointments conducted via the Maple platform has gone from 932 per month in 2022 to 2,339 as of June 2023, the number of physicians licensed to see patients in the province hasn’t kept up. Canadian lawmakers are considering a national licensing model to help address the issue.


Sponsor Updates

  • Nordic publishes another episode of its In Network podcast, “Designing for Health: Bre Loughlin.”

Blog Posts


Contacts

Jenn, Mr. H, Lorre

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