Managed Care

Transcarent Raises $126 Million Series D

Retrieved on: 
Thursday, May 2, 2024

“Everyone asked, 'can you make it easier for our people to access high-quality, affordable care?', and we have. Transcarent is the One Place for Health and Care,” said Glen Tullman, Transcarent Chief Executive Officer. “One platform --- your mobile phone --- for everything you want and need. And an experience people don’t just like but love. High-quality care and cost reductions with a relentless focus on quality. Just what the doctor ordered.”

Key Points: 
  • It is the only platform that brings together medical, surgery, pharmacy, and mental health care into one place.
  • Transcarent is the One Place for Health and Care,” said Glen Tullman, Transcarent Chief Executive Officer.
  • In 2023, Transcarent completed the successful acquisition and integration of the 98point6 AI-powered virtual care platform and care business, which includes the affiliated Transcarent Clinic.
  • Today, more than 4.3 million people have access to Transcarent through their employer or health plan.

IQVIA Reports First-Quarter 2024 Results

Retrieved on: 
Thursday, May 2, 2024

IQVIA Holdings Inc. (“IQVIA”) (NYSE:IQV), a leading global provider of advanced analytics, technology solutions, and clinical research services to the life sciences industry, today reported financial results for the quarter ended March 31, 2024.

Key Points: 
  • IQVIA Holdings Inc. (“IQVIA”) (NYSE:IQV), a leading global provider of advanced analytics, technology solutions, and clinical research services to the life sciences industry, today reported financial results for the quarter ended March 31, 2024.
  • As of March 31, 2024, R&DS contracted backlog, including reimbursed expenses, was $30.1 billion, growing 7.9 percent year-over-year and 8.3 percent at constant currency.
  • “The IQVIA team executed well in the first quarter, including strong bookings and robust free cash flow generation,” stated Ari Bousbib, chairman and CEO of IQVIA.
  • IQVIA will host a conference call at 9:00 a.m. Eastern Time today to discuss its first-quarter 2024 results and its second-quarter and full-year 2024 guidance.

New Study Published in JACC: Heart Failure Reveals that Despite Significant Efforts to Improve Acute Heart Failure Treatment Over the Past 20 Years, Management Remains Unchanged

Retrieved on: 
Thursday, May 2, 2024

Decongestion remains a central goal of inpatient management, but contemporary decongestion practices and associated weight loss are not well described.

Key Points: 
  • Decongestion remains a central goal of inpatient management, but contemporary decongestion practices and associated weight loss are not well described.
  • In the TREAT-AHF study, the distribution of inpatient body weight change was similar to those reported from ADHERE nearly two decades ago.
  • Reprieve is partnering with industry-leading heart failure researchers and Truveta to understand and advance acute heart failure patient outcomes.
  • The clinical evidence from the TREAT-HF study demonstrates that heart failure decongestion management has not substantially changed in 20 years,” said Mark Pacyna, chief executive officer of Reprieve Cardiovascular.

Medical Guardian Acquires MobileHelp, Expanding Senior Health Care Solutions

Retrieved on: 
Wednesday, May 1, 2024

Medical Guardian today announced that it has acquired MobileHelp from Advocate Aurora Enterprises to broaden its suite of health care solutions supporting aging adults with living independently and safely.

Key Points: 
  • Medical Guardian today announced that it has acquired MobileHelp from Advocate Aurora Enterprises to broaden its suite of health care solutions supporting aging adults with living independently and safely.
  • The strategic acquisition bolsters Medical Guardian’s safety, engagement and wellness capabilities provided to more than 600,000 active members through its personal emergency response systems (PERS), remote patient monitoring (RPM) and health care engagement services.
  • View the full release here: https://www.businesswire.com/news/home/20240501808758/en/
    Medical Guardian Acquires MobileHelp, Expanding Nationwide Access to Comprehensive Senior Health Care Technologies Such as Personal Emergency Response Systems (PERS) and Remote Patient Monitoring (RPM) for Over 600,000 Active Members.
  • (Graphic: Business Wire)
    With MobileHelp, Medical Guardian solidifies its leadership position in supporting members across all market segments, including direct-to-consumer health care, Medicaid, Medicare Advantage, senior living, home care, and health system programs.

avô App Revolutionizes Workers' Compensation Transport and Language Services

Retrieved on: 
Wednesday, May 1, 2024

avô Transportation and Language Solutions has developed and launched an app for its traditional provider network that is set to transform the landscape of workers’ compensation transportation and translation services.

Key Points: 
  • avô Transportation and Language Solutions has developed and launched an app for its traditional provider network that is set to transform the landscape of workers’ compensation transportation and translation services.
  • This innovative platform mirrors the efficiency, reliability and transparency found in avô’s ride-share solutions, catering to the complete needs of workers’ compensation payers and patients.
  • “The avô app is designed to optimize the assignment process for transportation and language providers in our traditional network, including specialized vehicles, long-distance trips and interpreter services,” said President Fred Schafer.
  • "Our technology, exemplified by this app, is dedicated to facilitating successful transportation and language service assignments, thus helping reduce the loss time associated with workers’ compensation claims."

Surescripts Launches Third Season of Its Award-Winning Podcast There’s A Better Way

Retrieved on: 
Wednesday, May 1, 2024

Surescripts®, the nation’s leading health information network, launched the third season of its award-winning podcast, There’s a Better Way: Smart Talk on Healthcare and Technology.

Key Points: 
  • Surescripts®, the nation’s leading health information network, launched the third season of its award-winning podcast, There’s a Better Way: Smart Talk on Healthcare and Technology.
  • Listen to There’s a Better Way: Season 3 trailer .
  • Surescripts introduced There’s a Better Way: Smart Talk on Healthcare and Technology in July 2022.
  • Both season one and season two were recognized by the Association of Marketing and Communication Professionals, receiving the 2022 Gold MarCom Award and the 2023 Platinum MarCom Award, respectively.

Ventegra Announces the Successful Implementation of the New Ventegra Specialty Inclusion (VSI) Program

Retrieved on: 
Wednesday, May 1, 2024

The VSI program underscores Ventegra’s clinical infrastructure and heritage as a company managed and operated predominantly by healthcare professionals, pharmacists, and certified pharmacy technicians.

Key Points: 
  • The VSI program underscores Ventegra’s clinical infrastructure and heritage as a company managed and operated predominantly by healthcare professionals, pharmacists, and certified pharmacy technicians.
  • Mark Shinmoto, Pharm.D., Chief Pharmacy Officer, says, “The Ventegra Specialty Inclusion (VSI) program’s capability is a vital and important new tool in Ventegra’s ability to appropriately manage the utilization of the plethora of drugs being brought to market.
  • Robert T. Taketomo, Pharm.D., MBA, President/CEO, explains, “The Ventegra Specialty Inclusion program reflects the clinical focus of Ventegra and our deep commitment to member care and managed care principles.
  • Unlike most traditional pharmacy benefit managers, Ventegra does not have any fiduciary commitment to shareholders and exists to serve and benefit its community.

CareTrust REIT Funds Mortgage Financing with Purchase Option on Tennessee Skilled Nursing Facilities; Reports Reloaded Pipeline of $260 Million and Q1 ATM Activity of $273 Million

Retrieved on: 
Wednesday, May 1, 2024

The borrower group under the loan is an experienced, regional health care real estate owner and investor.

Key Points: 
  • The borrower group under the loan is an experienced, regional health care real estate owner and investor.
  • James Callister, CareTrust’s Chief Investment Officer, stated that, “We are thrilled to announce the closing of this unique investment opportunity.
  • During the first quarter, we issued 11.6 million shares at an average share price of $23.55 for gross proceeds of approximately $273.2 million.
  • This brings our outstanding share total to approximately 142.1 million shares.”
    The investment was funded using cash on hand.

MedCerts and Mott Community College Announce New Partnership to Enhance Allied Health Training

Retrieved on: 
Wednesday, May 1, 2024

Mott Community College (MCC) Workforce and Economic Development Division and MedCerts proudly announce a new collaboration aimed at enhancing Allied Health education.

Key Points: 
  • Mott Community College (MCC) Workforce and Economic Development Division and MedCerts proudly announce a new collaboration aimed at enhancing Allied Health education.
  • This partnership is a significant step forward for MCC’s Workforce & Economic Development Division , as it becomes the first community college in Michigan to join forces with MedCerts.
  • Together, we're empowering students to succeed in Allied Health careers with a blend of online convenience and hands-on training," said Robert Matthews, Assistant Vice President for Workforce & Economic Development at Mott Community College.
  • For more information about MCC’s Allied Health programs in partnership with MedCerts, please contact MCC’s Workforce & Economic Development division at 810-232-2878 or via email at [email protected] .

LTC to Participate in the BMO Real Estate Conference and the Wells Fargo Real Estate Securities Conference

Retrieved on: 
Wednesday, May 1, 2024

LTC Properties, Inc. (NYSE: LTC), a real estate investment trust that invests in seniors housing and health care properties, today announced senior management will participate in the BMO Real Estate Conference in New York on Wednesday, May 8, 2024, and the Wells Fargo Real Estate Securities Conference in Amelia Island, Florida on Thursday, May 9, 2024.

Key Points: 
  • LTC Properties, Inc. (NYSE: LTC), a real estate investment trust that invests in seniors housing and health care properties, today announced senior management will participate in the BMO Real Estate Conference in New York on Wednesday, May 8, 2024, and the Wells Fargo Real Estate Securities Conference in Amelia Island, Florida on Thursday, May 9, 2024.