Dennis Dailey’s Post

Better Health Secures $14 Million in Strategic Funding Supported by Healthworx, University of Miami Health System, and Mosaic General Partnership to Bring Its Medical Supply and Support Solution To More Patients, Payers, and Providers Better Health, a medical supply and support provider built on peer-to-peer connection, announces $14 million in strategic funding, which includes investments from Healthworx, the innovation and investment arm of CareFirst Inc., UHealth - University of Miami Health System, and Mosaic General Partnership. This investment underscores the industry’s recognition of Better Health’s pivotal role in revolutionizing healthcare delivery for chronic conditions. This financing builds on Better Health’s previous $10 Million Series A round and includes participation from new investor Samsung Next, which continues to expand its investment in healthcare solutions. Existing investors also participated in the round, including Caffeinated Capital, General Catalyst, Bill Ackman’s family office Table Management, and at.inc/... hashtag #HITsm hashtag #healthIT hashtag #healthcare

Better Health Secures $14 Million in Strategic Funding Supported by Healthworx, University of Miami Health System, and Mosaic General Partnership to Bring Its Medical Supply and Support Solution To More Patients, Payers, and Providers Better Health, a medical supply and support provider built on peer-to-peer connection, announces $14 million in strategic funding, which includes investments from Healthworx, the innovation and investment arm of CareFirst Inc., UHealth - University of Miami Health System, and Mosaic General Partnership. This investment underscores the industry’s recognition of Better Health’s pivotal role in revolutionizing healthcare delivery for chronic conditions. This financing builds on Better Health’s previous $10 Million Series A round and includes participation from new investor Samsung Next, which continues to expand its investment in healthcare solutions. Existing investors also participated in the round, including Caffeinated Capital, General Catalyst, Bill Ackman’s family office Table Management, and at.inc/... hashtag #HITsm hashtag #healthIT hashtag #healthcare

Better Health Secures $14 Million in Strategic Funding Supported by Healthworx, University of Miami Health System, and Mosaic General Partnership to Bring Its Medical Supply and Support Solution To More Patients, Payers, and Providers | Healthcare IT Today - Healthcare IT Today #FundingSecured Better Health has secured $14 million in strategic funding supported by Healthworx, University of Miami Health System, and Mosaic General Partnership to expand its medical supply and support solution. #ExpansionPlans The funding will help Better Health bring its innovative solution to more patients, payers, and providers, improving access to quality healthcare. #PartnershipSupport Healthworx, University of Miami Health System, and Mosaic General Partnership are backing Better Health's mission to revolutionize the healthcare industry with their unique approach. #ImpactfulSolution Better Health's medical supply and support solution aims to streamline processes, reduce costs, and enhance patient care outcomes, making it a valuable asset for healthcare organizations. #FutureG ai.mediformatica.com #health #better #betterhealth #medical #investment #patients #payers #provider #chronicconditions #healthcare #providers #this #digitalhealth #healthit #healthtech #healthcaretechnology @MediFormatica (https://buff.ly/4boZALb)

Sachin H. Jain, MD, MBA, president and CEO of SCAN Group & Health Plan, discusses various models of change in healthcare in his recent Forbes article. He highlights the importance of addressing the slow pace of change in the industry and explores different methods to achieve transformation. One model involves research and publications, where academics and clinicians collect and analyze evidence to report findings and issue recommendations for change. While this method has led to some successful outcomes, such as the Affordable Care Act, it also faces challenges like inconclusive studies and limited implementation in real-world settings. Another model focuses on financial incentives, aiming to change healthcare reimbursement to improve care quality. However, Dr. Jain notes that monetary incentives have limitations, such as requiring upfront investments from physicians and the continued dominance of fee-for-service arrangements. He also discusses the impact of social movements, device and pharmaceutical innovation, leadership and culture, corporate mergers, new roles, politics, changing the site of care, and education on healthcare transformation. Dr. Jain emphasizes the need for a comprehensive approach to change, considering multiple models to achieve the transformation needed in the healthcare industry. #HealthcareChange #TransformationModels #ValueBasedCare #SocialDeterminantsOfHealth #RemotePatientMonitoring https://lnkd.in/gJCDi49v

When exploring value-based health care implementation one of the major barriers often identified by services and organisations is the inflexibility of current payment models, such as fee-for-service, in allowing for the innovation and collaboration necessary to drive value. As a result, public and private payers around the globe are increasingly pursuing alternative payment models that give providers incentives to improve value. The rationale is that providers and organisations are in the best position to identify ways to reduce waste and overuse, coordinate care across settings, steer patients to the most appropriate, high-quality providers, and provide the care that is needed. One alternative payment model gaining traction globally is bundled payments as they capitalise on the provider entity’s need to manage a budget and ensure quality. The entity receiving the bundled payment earns a higher margin if a patient utilises less care, but also must cover the cost of unexpected utilisation and complications. A 2020 study by the Commonwealth Fund sought to describe the key design elements of bundled-payment models and evaluate empirical evidence about their impact on quality of care and medical spending. 23 bundled-payment initiatives across eight high income countries were identified with results indicating that bundled payments have had a predominantly positive effect on medical spending and quality of care. This article provides a good introduction to the concepts and design features of bundled payment models and highlights a number of global examples where bundled payments have been successfully implemented. Read the full article: https://ow.ly/onMJ50SqAnm

Health clinics continue to attract investment interest, offering stability and growth potential in a dynamic M&A market landscape. Learn more about the key factors driving interest from investors in this latest Levin Associates interview with Andre Ulloa, Founder & Executive Advisor at M&A Healthcare Advisors. #healthcare #healthclinics #mergersandacquisitions

In the rapidly evolving world of healthcare, BrightSpring Health Services sets a remarkable pace, demonstrating what growth with purpose looks like. With the acquisition of three diverse companies early this year, BrightSpring is not just expanding: it's leading by example in enhancing access to essential healthcare services. Let's celebrate the strides BrightSpring is making towards a healthier tomorrow! Their growth story is one of hope, showing us the power of strategic expansion in making healthcare more reachable for everyone. https://bit.ly/4azS3tb

Private equity investments in healthcare are part of the cause for short-term thinking - looking to gain quick profits that often cause burn-out and impact patient care. Infinite thinking takes a longer-term focus that puts patient care and outcomes over short-term profits. Interesting how infinite thinking and proper planning aligns with value care models, which focuses more on improving outcomes and lives for patients and not as much on short-term profits. Patient centered care, adaptability and resilience, continuous improvement and collaboration are the ingredients necessary for organizations to plan for building a legacy and not focusing on short-term rewards. #healthcareit