In a move that ACOs found "disappointing," CMS has declined to extend the Next Generation ACO Model beyond 2021. Though evaluations have found that the model did not generate net savings for Medicare, proponents argue that the program was successful.
The healthcare ecosystem cannot exist without nurses, so it is time to invest in the enhanced technologies available to hospitals to alleviate burnout among healthcare’s most critical team members.
Wheel, an Austin-based telehealth startup, raised $50 million in series B funding. The company builds networks of clinicians behind several well-known digital health brands.
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CVS joins the decentralized clinical trials movement with launch of new biz unit
CVS has launched a new clinical trials services business that will help drug companies and contract research organizations recruit clinical trial volunteers. The new business unit builds on work the pharmacy giant did last year, identifying and recruiting recruit people for clinical trials testing Covid-vaccines and medicines.
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Covid-19 whipsawed CVS, first cutting into the foot traffic that drives retail purchases at stores, then later boosting demand for its diagnostic tests. Along the way, the pandemic presented the pharmacy chain with an opportunity: helping the pharmaceutical industry find volunteers for clinical trials evaluating experimental Covid vaccines and medications. CVS is now building on that experience with the formation of a new clinical trial services business.