Amid a slowdown in funding for startups, the senior tech company Naborforce has secured $9 million in a Series A. The company “connects older adults to a network of trusted ‘Nabors’ for on-demand support and social engagement.” Its financing round was led by Translink Capital. Existing investors Claritas Capital, The Artemis Fund and TechStars also participated in the round. Naborforce […]
CareHarmony, a virtual care coordination startup, is on a mission to help hospitals provide more value-based care. That mission got a $15 million boost on through a Series A funding round. Maverick Ventures led this round with participation from Nashville Capital Network. The company will use its new influx of capital to fuel the development of its platform and accelerate hiring. Since […]
Providence, a not-for-profit health system based in Washington, on Tuesday reported a first-half net loss of $1.84 billion, as the industry’s higher expenses and staff shortages plague another heath system. The loss excludes the $3.41 billion impact of Providence’s disaffiliation from Hoag, a California-based healthcare network, earlier this year. Hoag filed a lawsuit in 2020, seeking to end its nearly decade-long […]
The public comment window for the home health proposed payment rule closed on Tuesday. Overall, industry stakeholders had submitted 691 comments to the U.S. Centers for Medicare & Medicaid Services (CMS) as of Tuesday morning. From the start, home health stakeholders took issue with CMS’ methodology for determining whether the Patient-Driven Groupings Model (PDGM) led to budget-neutral spending in 2020. […]
President Biden signed into law a sweeping bill to lower health care costs and address climate change on Tuesday, sealing a legislative victory more than a year in the making. The $740 billion bill was significantly slimmed down from the original $3.5 trillion package some envisioned last fall, but nevertheless represents an undeniable win for Biden and Democrats in Congress. […]
The Michigan Nurses Association at the University of Michigan filed a lawsuit against the university on Tuesday over the workload its members are facing. The MNA alleges UM is breaking the law by refusing to bargain over nurses’ workloads in its contract negotiations with the University of Michigan Professional Nurse Council. “When nurses are forced to take care of too […]
Kathy Ray has been working at Kaiser Permanente for 30 years. She said the organization is changing — now run by “MBAs” who she believes are far more concerned with profit than the wellbeing of patients and staff. That’s why she joined thousands of fellow members of the National Union of Healthcare Workers (NUHW) on Monday as they began an […]
Health Technology By JESSICA DAMASSA Particle Health’s CEO Troy Bannister stops by to not only talk about the API platform company’s $25M Series B, but to also explain exactly what’s going on in that patient data ‘exchange-standardize-and-aggregate’ space that, these days, looks poised to pop as the 21st Century Cures Act Information Blocking Rule stands ready to make hospitals share […]
This article is sponsored by HCP. In this Voices interview, Home Health Care News sits down with Kristen Duell, Chief Marketing Officer of HCP, to learn the strategies that home health providers can use right now to improve staff engagement, not just with the aim of keeping staff members in their own hospice agencies, but more broadly in the industry […]
In June, a new report from the Centers for Diseases Control on access to Covid-19 therapies revealed a gaping hole in our nation’s healthcare system. Despite having established nearly 40,000 dispensing sites – particularly in high-vulnerability neighborhoods – those areas had the lowest rates of distribution. In short, lifesaving treatments are available, but the people who need them the most […]