Thank you Bruce Japsen at Forbes for sharing our exciting news. Fabric is thrilled to announce our acquisition of MeMD. This marks a significant milestone in our mission to power boundless, high-quality care across the nation. https://lnkd.in/ga79A7tN
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Grapevine: Blackstone In Race For Hospital Chain; Ranjan Pai Eyes E-Commerce Bet https://lnkd.in/dShJkSbQ Stay ahead of the curve with VCCIRCLE. Subscribe now for the latest market movers or visit https://www.vccircle.com/ to keep your competitive edge sharp! #StayInformed #MarketTrends #SubscribeToday #VCCircle
Grapevine: Blackstone in race for hospital chain; Ranjan Pai eyes e-commerce bet
vccircle.com
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Senior Executive & Strategic Advisor | Value-Based Medical Technology & Care Delivery Platforms | LinkedIn Top Voice
The gold rush for full risk Medicare continues. ChenMed needs the capital and Walmart needs to accelerate as the Medicare lives landgrab continues. It takes a long time to build centers and even longer to hire doctors and recruit patients. Interesting dynamic with Ex-United’s Steve Nelson recently taking the helm at ChenMed. National-scale Global Risk Primary Care is the future especially for Medicare. _____________________________________ Hi, I'm Sam. I spent the last 20 years leading award-winning care delivery innovation and healthcare transformation initiatives at large healthcare organizations, and advising startups and technology companies on effectively partnering with these organizations. My company, NewHealthcare Platforms' services including Healthcare Start-Up Success Sprints, Care Delivery Platform-Building Advisory Services, and Care Innovation Showcase Events. We just introduced our AI Readiness Assessment and Strategy Development Advisory Service. #HealthcareOnLinkedin
Walmart Explores Buying Majority Stake in ChenMed
bloomberg.com
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First health plans are about to go live with Brellium. Meaning, Brellium now validates documentation on both sides of the aisle. Making documentation compliance easier, quicker, and cheaper for both payor & provider. Clear standards monitored by technology means both providing & funding care gets easier.
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The consumer experience in healthcare has a reputation for falling short of expectations. While sectors like banking have made substantial strides in improving consumer experiences over time, healthcare remains plagued by persistent challenges, including prolonged wait times, opacity in pricing and treatment options, and the cumbersome process of scheduling appointments. Enter Fabric. Fabric’s unified care enablement platform powers a truly seamless care experience for patients across a variety of settings, including emergency departments, telemedicine, and in-person care, while also making life easier for our providers, alleviating them of cumbersome administrative tasks that take their attention away from providing care. It's time that our system meets our patients' and providers' expectations. Excited to partner with Aniq Rahman, Aiden Feng, MD, MBA, and the entire Fabric team as they work toward pioneering a care delivery system that is not only faster and smarter, but fundamentally better for all patients! CC: Holly Maloney, Lydia X Liu, General Catalyst
The consumer experience in healthcare is often disjointed - long wait times, lack of pricing and treatment transparency, and inconvenient scheduling processes are rife. Aniq Rahman's vision for Fabric is to create a seamless patient engagement experience and increase the healthcare workforce's "capacity to care" with intelligent intake, triage, treatment, and workflow automation. The cohesive environment for patients and providers that Fabric enables is core to Health Assurance. We're thrilled to lead Fabric's $60M Series A and welcome Aniq and the entire team to the GC family! Why we invested by Holly, Lydia, & Mo ↓
Our Investment in Fabric Health: Creating a Seamless Patient Engagement Experience | General Catalyst
generalcatalyst.com
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Healthcare Operations Strategist | Managed Care Specialist | Process Management | Data Analysis & Reporting
Walmart has sold its virtual healthcare business, MeMD (rebranded as Walmart Health Virtual Care), to Fabric, a growing healthcare technology provider. The acquisition, set to close in mid-July, will see Fabric take over MeMD's operations, which serve 30,000 institutional and health plan partners along with 5 million members. Fabric plans to integrate its advanced technology, including AI-driven capabilities and streamlined journey automation, to enhance MeMD's services. This move is expected to improve efficiency and reduce healthcare costs for members nationwide. While financial details were not disclosed, both companies view the acquisition as strategic. Walmart's Executive Vice President of Health & Wellness expressed confidence in MeMD's future under Fabric's leadership, while Fabric's CEO sees the acquisition as aligned with their vision to revolutionize healthcare delivery through innovative technology and exceptional patient care. https://lnkd.in/e_8TKfAs #healthcare #healthcareai #healthcareit #ai #healthcareinnovation #PatientEngagement #PatientCare #AccessToCare #telehealth #telemedicine #rpm
As Walmart Closes Clinics, Buyer Emerges For Its Telehealth Business
social-www.forbes.com
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A thoughtful piece that examines some of the foundational challenges of integration between physician practices and retailers. The article also touches on the potential risks to quality, costs, access, choice and patient experience when health systems purchase either primary care or specialist physician practices . The issues and outcomes resulting from fragmented care is too rarely addressed through many instances where several forms of vertical integration takes place because the member experience and optimization of clinical outcomes are not prioritized. Operating an independent physician practice is difficult and expensive .It can also be a siloed experience and result for patients who then go into “the care funnel” where they are spun around amongst several physicians and required to repeat the same tests several times. Interoperability requirements are a small place to start , are expensive to meet and slow to be adopted in a meaningful way. Seems to be time for someone(s) to invest in and build independent multidisciplinary physician practices focused on longitudinal episodes of care that realize improved health, rather than the present practice of concern around a string of , sometimes disparate, clinical encounters and procedures.
Why the Walmart Model Doesn’t Work in Healthcare
wsj.com
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#HealthcareTransformation: Bajaj Finserv Health's Bold Leap with Vidal Healthcare Acquisition! In a strategic masterstroke, Bajaj Finserv Health has announced the acquisition of Vidal HealthCare- Leading Surgery Partner Services for Rs 325 crore, a move set to redefine India's healthcare sector. This acquisition is a testament to the company's vision of creating a holistic healthcare ecosystem that seamlessly integrates OPD, wellness, and hospitalization services. Key Takeaways: 💡 Holistic Approach: The expanded service portfolio positions Bajaj Finserv Health as a one-stop solution for diverse healthcare needs, enhancing consumer experience and care continuity. 💡 Regulatory Synergy: Aligning with government and regulatory bodies, the acquisition strengthens Bajaj Finserv Health's role in supporting national healthcare initiatives. 💡 Tech-Driven Care: Leveraging VHC's healthcare administration expertise with Bajaj's digital prowess promises a transformative impact on healthcare delivery. Investment Insights: 💲 Health-Tech Growth: This acquisition signals the burgeoning potential in health-tech investments, especially in digital healthcare platforms. 💲 Strategic Alliances: Partnerships like this are reshaping the healthcare landscape, indicating strong investment prospects in companies pursuing similar collaborations. 💲 Compliance Priority: The involvement of top advisory firms highlights the importance of due diligence, suggesting a preference for well-governed entities. The Bajaj Finserv Health and Vidal Healthcare Services deal is more than an acquisition; it's a blueprint for the future of integrated healthcare services in India. For investors and industry leaders, it's a clarion call to focus on companies driving healthcare innovation through technology and strategic partnerships. Dive deeper into healthcare market strategies and investment opportunities with Market Unwinded - Your compass in the world of strategic investments. Read More: https://lnkd.in/e6FHv6Mz #BajajFinservHealth #VidalHealthcareServices #HealthcareAcquisition #HealthTech #MarketInsights #StrategicPartnerships #InvestmentOpportunities #HealthcareInnovation #MarketUnwinded
Bajaj Finserv Health's Strategic Acquisition: Pioneering Healthcare Transformation
marketunwinded.com
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Have you thought about the significance of location in franchising at The Joint? It's often overlooked, but clinic location can greatly impact success. While a prime location attracts patients, it's also about the chiropractor and their team. Their influence and rapport are crucial for success. It shows that in healthcare, the environment matters as much as the care provided. #ChiropracticCareDemand #ImportanceOfLocation #PatientExperience
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