Michael Cho

I don’t think the Value-Based Care (VBC) model is talked about enough. In a VBC model, clinicians are incentivized to provide personalized, proactive care, reducing unnecessary procedures and hospital stays. This approach not only improves patient outcomes but also paves the way for a more sustainable healthcare system. However, it not only improves patient outcomes, but increases cost efficiency by reducing unnecessary treatments, hospital readmissions, and duplicative tests. This elimination of superfluous procedures reduces the mental load of an already stretched-thin workforce, decreasing burnout and turnover. #HealthTech #Healthcare #MedTech

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As we continue to navigate the evolving landscape of healthcare, the significance of value-based care (VBC) in improving patient outcomes and reducing costs has never been clearer. The recent playbook on #VBC best practices released by AMA, NAACOS, and AHIP provides a roadmap for success in this area. At PointClickCare, our focus aligns perfectly with these initiatives and our commitment to innovation and collaboration to drive forward the future of healthcare has never been more important. #ValueBasedCare #Innovation #HealthcareFuture

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🌟 Announcing the Launch of Healthyr® Horizon! 🌟 I am beyond excited to share the monumental news of the launch of Healthyr® Horizon, our groundbreaking interoperable digital care delivery platform. This isn't just a technological advancement; it's a testament to our unwavering commitment to transforming healthcare and delivering superior care to patients everywhere. In the realm of digital health, we face significant challenges. Many solutions only address fragments of the problem, leading to little to no engagement because they fail to see the bigger picture. At Healthyr, we understood from the beginning that to truly transform healthcare, we had to tackle the entire problem. And that’s exactly what we have set out to do. Healthyr Horizon: Transforming Healthcare Healthyr Horizon is more than just a care delivery platform. It embodies our vision to revolutionize healthcare delivery by enabling longitudinal, evidence-based care pathways targeted to specific disease states. Our platform ensures seamless, real-time data integration and communication across various healthcare systems, providing unparalleled care coordination and patient engagement. With Healthyr Horizon, physicians now have the tools necessary to scale preventative care outside of their clinic doors, bridge diagnosis gaps, and elevate care quality. Healthyr Horizon: The Pillars of Our Vision Access to Care: We believe that everyone should have easy access to high-quality healthcare. Health equity isn't just a problem for some—it’s a challenge for us all. Care Coordination: Effective healthcare requires seamless coordination among providers. Our platform ensures that every piece of patient information is shared and acted upon in real-time, facilitating comprehensive care. Experience of Care: Patients deserve seamless, personalized care that feels connected and attentive. We aim to elevate the experience of care for both patients and providers. Interoperability: True interoperability is key to efficient healthcare delivery. Healthyr Horizon integrates with over 90 EMRs and HIEs ensuring data flows seamlessly across different systems, preserving the integrity and continuity of patient information. At Healthyr, we are not just addressing fragments of the problem; we are tackling the entire challenge of transforming healthcare. Our mission is to redefine healthcare delivery, creating a space where patients and providers engage meaningfully, where care is coordinated seamlessly, and where access is equitable and expansive. Together, we are not just navigating the future of healthcare; we are pioneering it. I am incredibly proud of what we have accomplished and excited for what the future holds. Thank you to the entire Healthyr team for your dedication and passion. Welcome to the Dawn of a New Era in Healthcare! Exclusive Sneak Peek Here:  https://lnkd.in/ewSsTYtu #HealthcareInnovation #DigitalHealth #HealthyrHorizon #Interoperability #PatientCare

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California's Senate Bill 1419 (#SB1419) has been making waves in the healthcare industry, particularly for its focus on promoting data exchange and interoperability within the state. A key aspect of this bill is its direct reference to the CMS (Centers for Medicare & Medicaid Services) FHIR (Fast Healthcare Interoperability Resources) APIs, signalling a significant step towards harmonization between state and federal regulations. By mandating FHIR APIs for all health plans, California's SB 1419 not only expands access to health data but also broadens the healthcare data base significantly. This move is expected to bring in two key groups: 1. Tech-Familiar Individuals: Beyond the CMS-supported member populations, SB 1419 will empower a wider range of individuals (those on commercial plans) who are comfortable using technology to manage their healthcare journey. This increased engagement could drive demand for innovative health apps and services, accelerating the more complete utilization of the interoperability vision. 2. Seamless Transitions to Medicare: As individuals age into Medicare, they'll experience a smoother transition, with their health data readily available through various FHIR APIs. This continuity of access can lead to improved care coordination and better health outcomes for seniors. California's bold move has the potential to unlock the full power of interoperability, benefiting a broader and more diverse population. It's an exciting step toward a more patient-centric and technologically advanced healthcare ecosystem. #SB1419 #FHIR #HealthDataExchange #Interoperability #CaliforniaHealthcare #PatientEmpowerment #DigitalHealth #HealthChain Sudheen (Sudheendra) Kumar

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"Without proper education, new tools can become cumbersome for users, causing issues like technology underutilization, administrative errors, missed regulatory deadlines, or missed opportunities to improve member outcomes." Health plan staff are inundated with new digital solutions that help reduce costs, streamline workflows, and increase satisfaction. So how can health plans offer comprehensive training that is convenient and accessible? Read our data sheet to learn more: https://ow.ly/9k3250SSpKB #CareManagementTraining #HealthcareTechnologyTraining #GuidingCareUniversity

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👍 In the first half of 2024, U.S. digital health startups secured $5.7 billion across 266 deals, showing a strong rebound after years of slowed investment, according to Rock Health. With early-stage deals driving the momentum, the sector is on track to surpass funding totals from 2019 and 2023. https://bit.ly/4cCRy2W Via Healthcare Dive #digitalhealth #digitalhealthfunding

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Rock Health's latest report reveals a promising rebound for U.S. digital health startups, with $5.7B raised in H1 2024, potentially matching or exceeding pre-pandemic funding levels. The HLTH discussion highlighted the focus on practical AI applications like billing and coding, while noting that startups face competition from established players. As the market remains uncertain, strategic M&A is emerging as the most viable exit strategy. If you’re a small company or startup looking for guidance in the industry, feel free to reach out or connect to exchange ideas. https://lnkd.in/e_727ajd

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I'm incredibly proud of the overwhelming positive response I’ve received to our new Counterpart Health offering. We’ve already had positive inbound interest from ecosystem partners with  ideas on how to collaborate and integrate our Counterpart technology into their customer workflows. It’s very clear that now is a critical time to bring our technology-first Medicare Advantage approach to market as there’s a clear gap that needs filling.  Why are we seeing such excitement? Proven Success and Strong Demand: From day one, our goal has been to leverage technology to deliver better healthcare outcomes. Counterpart Assistant is built on the success of Clover Assistant, which has already made a significant impact within our own Medicare Advantage plans. Clinicians using our platform  see over 1,000 basis point improvements in Medical Cost Ratios and substantial improvements in early diagnosis and chronic disease management. This track record speaks volumes, and the market has taken notice. Easy Implementation: What sets Counterpart Assistant apart is its lightweight implementation and user-centric design. This isn’t about years-long projects to replace outdated insurance technologies or cumbersome EHR systems. Our platform is quick to deploy, and designed to enhance the clinician-patient interaction. It's the same cloud based and AI-powered software we've successfully deployed across hundreds of practices and systems, and thousands of doctors, now with a new SaaS and shared savings business model that allows us to reach more people rapidly. Real Impact, Real Results: At the end of the day, the beauty of Counterpart Assistant lies in its simplicity and effectiveness. It empowers primary care physicians to deliver better care, improve patient outcomes, and reduce costs. This isn't a theoretical solution—it's proven, it's practical, and it's already making a difference. Looking Ahead: The future of healthcare is here, and we’re leading the way. Counterpart Health is set to revolutionize how care is delivered and managed. Thank you to all our partners and supporters for believing in our vision and joining us on this journey. Let's continue to innovate and improve healthcare for everyone. https://lnkd.in/g53FmQ8u #HealthcareInnovation #AI #MedicareAdvantage #VaueBasedCare #CloverHealth #CounterpartHealth

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LSI, BioscienceLA, #LAMedtechweek, and HLTH's #VIVE2024 event resulted in the latest GTM Pulse Check offering which has successfully taken off! As a result, I am continuing on last week's series of go-to-market tactics. Crafting a robust marketing plan is essential for medical device companies to thrive in today's world. By leveraging these outlined sections, organizations can optimize their marketing strategies and drive meaningful impact.This post takes a step back to outline the sections of a marketing plan. Read on 👇🏼 Looking for support in creating your marketing plan?  Let’s chat! Book here 👉🏼 https://lnkd.in/g92YA9WK _____ P.S. Enjoying my content? ⚕️Follow me for more tips on medical device commercialization and repost to share with your network. #medtech #gotomarket #medicaldevices #healthcareinnovation

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"Watershed’s SaaS platform gives providers real-time information, including health status, social determinants of health, location and involved care team members." #care #healthcare #healthtechnology #digitalhealth #saas #postacute

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I'm thrilled that today, we announced a significant milestone for Clover Health: the launch of Counterpart Health. Our innovative Clover Assistant (CA) platform is now available to all Medicare Advantage payors and providers under the new brand name Counterpart Assistant. Why am I so excited about this? This move is a strategic leap forward in our mission to improve healthcare for everyone. With Counterpart Assistant, we're not just expanding our reach—we're leveraging cutting-edge AI and machine learning capabilities that have already proven to make a real difference in patient care. The healthcare landscape is evolving rapidly, and the need for advanced, data-driven tools has never been greater. Medicare Advantage plans, in particular, are under pressure to improve patient outcomes while managing costs. That’s where Counterpart Assistant comes in. By bringing our technology to more providers, we're empowering clinicians with the tools they need to deliver high-quality, personalized care. What makes Counterpart Assistant special? First, we’re broadening our impact by allowing providers outside of Clover Health's Medicare Advantage plan to benefit from our technology. Our hybrid SaaS and shared-savings model aligns financial incentives with health outcomes, ensuring flexibility and scalability. CA’s AI-driven insights enhance clinical decision-making, and are associated with earlier diagnosis and better management of chronic diseases. Plus, we've built a robust support system to ensure seamless integration and ongoing assistance for all users. Clinicians using CA have seen significant improvements in Medical Cost Ratios and patient outcomes. The timing couldn't be better. The healthcare industry is ripe for transformation, and our technology is poised to lead the way. By expanding the use of Counterpart Assistant, we’re not just keeping up with the changes—we’re driving them. Join us on this exciting journey. Visit our website for more details. Thank you for your continued support as we strive to bring high-quality healthcare to everyone on Medicare. #HealthcareInnovation #AI #MedicareAdvantage #ValueBasedCare #CloverHealth

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Authenticx Founder & CEO Amy Brown recently shared insights with HIT Consultant Media about how to optimize time for healthcare professionals in health systems by using innovation to reduce the burden of administrative tasks to focus more on the patient experience. 🔎 Re-evaluate current communication drivers 📈 Invest in automation and digital innovation 🤲 Focus on administering patient care "The American healthcare industry was created from a core desire to care for the health and well-being of people. While the size and scope of that mission has grown and evolved, that core purpose remains the same as new challenges emerge on how to best prioritize health outcomes and care." 💡 https://hubs.li/Q02DPY3R0 #ArtificialIntelligence #HealthcareInnovation #PatientExperience #Authenticx

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The Challenges of Healthcare Growth: Navigating Venture Capital and Sustainable Success YouTube https://lnkd.in/e-sMpBcv Substack https://lnkd.in/e3QC3cUW Venture capital in healthcare presents unique challenges, with underwriting for quick exits and sustainability gaps. Learn how healthcare companies face obstacles in building sustainable growth, proving outcomes, and navigating lengthy sales cycles. Explore the differences between healthcare and tech companies' growth trajectories. #HealthcareGrowth #VentureCapitalChallenges #SustainabilityGaps #ProvingOutcomes #SalesCycleObstacles #HealthcareIndustry #TechVsHealthcare #BusinessGrowth #SustainableSuccess #HealthcareInvestment

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Ply Health (YC S24) helps behavioral health providers get in network with insurance companies faster by using AI to automate and monitor submissions. Providers simply input their information into Ply once, and with a couple of clicks, can apply to join any of the ~1,400 US insurance company networks. The process to join each insurance company’s network is highly manual and fragmented. On top of that, forms that aren't filled out properly cause significant delays, which in turn costs practices tens of thousands of dollars of missed revenue. Ply’s platform solves for speed and accuracy of enrollment submissions using a combination of automation and an experienced ops team as humans-in-the-loop. Samantha Wu and David Zhang founded Ply Health because of Sam's first-hand experience with the contracting and credentialing process while running BizOps for health-tech startup Finni. With Ply, behavioral health providers get into the network so they can start seeing patients ASAP. Congrats Sam and David on the launch!

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The defining factor isn't the size of the company or startup, but the vision behind it. Take OpenAI, for instance. Until last year, unless you were deeply embedded in the ML world as a computer scientist/researcher, or enthusiast, you might not have heard of OpenAI. Meanwhile, a giant like Google was dominating the scene. However, a few years back, OpenAI was just another small startup. Now, it's rapidly evolving into a major player in big tech. Why and how? It comes down to having a long-term vision, a clear roadmap, patience, and solid execution (i.e., talents). Even in the context of healthcare AI, where (small) startups face many challenges (including the ones mentioned), the principles of vision and strategy apply. While merging with big tech might seem like an option for some, if a startup truly believes in its vision and has a well-defined path to achieve it, it should forge ahead independently. The landscape is evolving, and like OpenAI, today’s small startups with clear, visionary goals could be tomorrow's industry leaders. #starup #founders #openai #google #healthcare

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Over 90% of health system leaders identify staffing shortages as a significant challenge. Change Strategists shares our report, The State of Inpatient Capacity Optimization, highlighting key challenges surrounding inpatient flow and how the healthcare industry is adopting meaningful solutions: "Health system leaders are turning to innovative solutions and strategies to tackle these pressing issues. Adopting a command center strategy has proven effective in optimizing operations, streamlining communication among care teams, enhancing discharge processes, and implementing flexible staffing models to accommodate patient needs." 🤖AI-powered software iQueue for Inpatient Flow is the leading solution that is making a difference for healthcare systems struggling with issues such as inpatient capacity and staffing shortages. https://bit.ly/3AGH6cD

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