The transition and adoption of the value-based care model, and implementing and fully utilizing new technology are some of the biggest issues challenging payers this year.
Digital Health
In 2019, 36.7 percent of Medicare beneficiaries are projected to be enrolled in a Medicare Advantage Plan, according to recent data released by CMS.
Leveraging real-time analytics requires healthcare organizations to undergo massive cultural and workflow changes, but the modifications could yield drastic improvements in operational efficiency.
Tempus launched a mobile app that provides physicians with relevant clinical and genomic data when providing treatment in an effort to drive personalized oncology care decisions.
An expected tax break for Humana's new digital health and analytics center in Boston is in limbo after the Massachusetts Economic Assistance Coordinating Council rejected Gov. Charlie Baker's recommended $225,000 tax incentive package, according to The Boston Globe.
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Cigna launched a venture to fund startups offering analytics, digital health and care management services, the company said Sept. 12.
The New Jersey Hospital Association launched a new data and informatics center, which will focus on leveraging data to gain a better understanding of New Jersey's health challenges.
23andMe is reportedly looking to offer a new, more expensive premium service for users who want more information about their health, CNBC reports.
There were 383 venture capital deals in the digital health space during the first half of 2018, totaling $4.9 billion, according to a report by market research firm Mercom Capital Group.
Patients are most likely to agree to share their health data with a physician, and least likely to want to share their data with a tech company, according to a Rock Health report.