Frist Cressey Ventures

🚀 Big News! Thyme Care Announces $95M Series C in STAT! Today, Thyme Care announced its $95 capital raise via an exclusive story in STAT.  Thank you to health tech reporter Mohana Ravindranath for sharing the Thyme Care story and specifically highlighting our unique financial arrangements with payers and providers to improve the cancer care experience and reduce the total cost of care. Our mission is to transform cancer care by delivering high-quality, cost-effective solutions that improve patient outcomes. Here's what this new funding will help us achieve: 💛 Enhanced Patient Support: Our care navigation services and Care Team ensure that cancer patients receive comprehensive support throughout their treatment journey, reducing hospitalizations and preventing conditions from worsening. 🏥 Cost Savings and Value: By partnering with oncology practices, primary care groups, and health plans, Thyme Care assumes two-sided financial risk to align payment incentives with care quality. We leverage data and technology to exceed our savings goals. 📈 Expanded Reach: Today, Thyme Care actively manages 10,000 patients and over half a billion dollars in medical spend; we aim to triple both within the next year to broaden our national impact. “These kinds of risk-bearing arrangements aren’t exactly new, but Thyme Care is among the first to apply them to cancer care,” experts and investors tell STAT. A huge thank you to our dedicated team, partners, and visionary investors for believing in our mission. We couldn’t be more proud to share this achievement with you. Robin Shah Bobby Green Bradford Diephuis Concord Health Partners, CVS Health Ventures, Town Hall Ventures, a16z Bio + Health, AlleyCorp, Echo Health Ventures, Frist Cressey Ventures, Foresite Capital. 📰 Read more in STAT here:  https://lnkd.in/ger7CNrs

🎙PODCAST: Big data and workforce intelligence are transforming healthcare amid a workforce shortage. Hear insights from Axuall CEO Charlie Lougheed on NPR's Cool Science Radio. ▶ Listen Now! Special thanks to hosts Lynn Ware Peek and Katie Mullaly for having us on to speak about super cool science stuff and how, ultimately, Axuall's technology provides access to healthcare for patients. 😊 #healthcare #workforce #innovation #clinician #accesstocare https://lnkd.in/gkqBNbeN

Our new agreement provides Vizient, Inc. customers with a pre-negotiated contract and rates for the Praia platform -- helping more health systems modernize their approach to consumer experiences. Read more: https://lnkd.in/gbtqpmeK

"95 percent of the care in this country is delivered at organizations that look like us," said Patrick McGill, MD MBA. In a recent interview, he and Allison Lewis Lodhi explained why Community Health Network is the ideal "sandbox for innovation" and talked about their partnerships with Praia Health, Notable and Biofourmis. https://lnkd.in/eSMyempX #digitaltransformation #digitalhealth #itinnovation #communityhealth #healthcareit

Breaking Down Stigmas Around Palliative Care For patients with cancer, heart failure, dementia, amyotrophic lateral sclerosis, strokes, and many other serious illnesses, robust data correlate early palliative care with reduced hospitalization, higher survival rates, improved pain management, lower medical costs, better mental health, and improved quality of life. However, despite that bounty of advantages, only a fraction of our patients who would benefit from early palliative care actually get it. In addition to other access barriers, the pervasive misconception remains that palliative care equals hospice. In a recent article for Oncology News Central, Thyme Care's medical director for palliative care Dr. Julia Frydman and American Oncology Network chief medical officer Dr. Stephen "Fred" Divers break down the clinician and patient stigmas around palliative care, highlight the benefits of early adoption during cancer treatment, and the industry trends moving palliative care to the forefront of healthcare delivery. 📰 Read the full article here: Stigmas About Palliative Care Are Harming Our Seriously Ill Patients https://lnkd.in/g73fXdvS

"There's a better way to do urgent care" Hear more from our Chief Medical Officer Neil W. Wagle and Chief Medical Officer of Acute and Specialty Care Alec Petersen: https://lnkd.in/eUJQGAPC

What are some of the key benefits to autonomous medical coding solutions? 🎯 Accuracy: AI-driven coding solutions can analyze large volumes of data with high accuracy, reducing the risk of human error. ⏩ Efficiency: Automation speeds up the coding process, allowing healthcare providers to focus on patient care rather than administrative tasks. 💰 Cost-Effective: By reducing the need for manual coding, autonomous solutions can lower operational costs for healthcare providers. ✅ Compliance: These systems are continuously updated with the latest coding standards and regulations, ensuring compliance with industry requirements. Big thanks to #INSCMagazine for highlighting CodaMetrix as the leading Autonomous Coding vendor in the industry. We are committed to driving innovation in everything we do to transform healthcare. Read the rest of the article here: https://lnkd.in/e4RciJ4c

"95 percent of the care in this country is delivered at organizations that look like us," said Patrick McGill, MD MBA. In a recent interview, he and Allison Lewis Lodhi explained why Community Health Network is the ideal "sandbox for innovation" and talked about their partnerships with Praia Health, Notable and Biofourmis. https://lnkd.in/eSMyempX #digitaltransformation #digitalhealth #itinnovation #communityhealth #healthcareit

AI is making a difference with time-consuming back-office tasks, which in turn, improves patient care. In a recent HIT Consultant Media article, Matt Hollingsworth, Carta Healthcare co-founder and Andrew Shin, MD, discuss AI’s long history with healthcare. AI will play a critical role in Carta Healthcare’s transformative work to revolutionize the processes surrounding registry databases, resulting in markedly faster data collection, superior quality of data, and considerable cost savings for healthcare providers. Read the full article 👉 https://lnkd.in/g7fbTueM #AI #HealthcareInnovation #HealthcareCosts