"A valid concern..." Oh please. Everyone picks the software they like and the origin of that software is an afterthought.…
Morning Headlines 9/29/21
Healthcare Triangle slated to go public this week
Cloud, security, advisory, and implementation services company Healthcare Triangle will likely go public later this week in an anticipated $40 million IPO.
Stellar Health Raises Over $60 Million in Series B Funding Round Led by General Atlantic
Value-based care company Stellar Health raises $60 million in a Series B funding round, bringing its total raised to $75 million.
EqualizeRCM in Texas acquires competitor Practice Resource Network for an undisclosed sum.
Stellar Health Press Release – wow! 10 minutes later, my eyes have still not stopped rolling.
“A significant example of the platform in use comes from a primary care physician who had a scheduled annual wellness visit with a 77-year-old male patient in the Fall of 2020. The patient came in with no indication of any cardiovascular or stroke risk and the physician was unaware of a diagnosis of stroke from six years prior. Using the Stellar platform, with its advanced system of analytics and identification, the primary care physician was informed of the patient’s heightened risk and had the right incentives to offer meaningful care at a critical time, placing the patient on secondary prevention treatments. This intervention, with the right behavioral economics, changed the patient’s trajectory forever. Stellar simplifies value-based care effectively by engaging and incentivizing providers to take actions that reduce inefficient medical utilization, improve documentation accuracy, advance the quality of care delivered, and in turn compensate providers for each action in real time.”
Is this basically HCC play for MA?