home health
CMS raised the payment for homecare by only a half a percent, and that does not compare to inflation, says Luke Rutledge, president of Homecare Homebase, who adds: "That does not equate to the costs that continue to rise for our customers."
The Home as a Health Care Hub will use augmented and virtual reality to reimagine how the home can become a system that improves health equity.
The retail giant and the Massachusetts-based healthcare system will develop custom tools to support the provider's Healthcare at Home offerings and devise new tech.
The retail giant and Pennsylvania-based healthcare system will create technology and services for organizations entering the chronic care management space.
The collaboration will allow MedArrive's members, including Medicaid beneficiaries, to access 24/7 cardiology services from their homes.
The startup plans to use the funds to develop its platform, launch a virtual care center and expand its care team.
The digital health platform moves into the home health space with the $65 million acquisition.
Patients can enter their insurance information and needs, and will get a curated list of products with prices.
Palisades Growth Capital led the round, which brings the startup's total raise to over $7 million.
The Centers for Medicare and Medicaid Services is promoting the idea of paying home health agencies for monitoring patients remotely.