The healthcare technology sector is rapidly evolving, with companies leveraging AI, telemedicine, and digital platforms to revolutionize healthcare delivery. This article highlights seven public companies leading this transformation, each focusing on different aspects of healthcare innovation, from virtual care to automated medication management and value-based care models. Learn about their unique approaches, market positions, and growth prospects.
Health tech startup Innovaccer is in advanced discussions to secure up to $250 million in funding, valuing the company between $2.5 billion and $3 billion. The investment would support the integration and analysis of patient data across various healthcare settings. Innovaccer’s cloud-based platform aims to enhance healthcare efficiencies and accelerate industry growth.
Rising inflation and cost of living are forcing consumers to reassess their financial priorities, leading many to sacrifice crucial medical care. To address this, healthcare providers are implementing flexible payment plans that allow patients to spread out their healthcare expenses over time. These plans ease financial burden and enhance affordability and access to treatments and medications that patients may not have the immediate funds for. Small- to medium-sized healthcare businesses are well-positioned to implement these solutions due to their adaptability, agility, and close patient connections.
Penstock Group, a leader in healthcare payment integrity, has partnered with Paradigm, an accountable specialty care management organization, to integrate Paradigm’s expertise in surgical implant claim accuracy into Penstock’s programs. The partnership will leverage ClearBridge, Penstock’s SaaS payment integrity solution, to seamlessly integrate Paradigm’s services and provide payers with access to Paradigm’s resources as part of a comprehensive audit and payment integrity platform.
