The 2022 JP Morgan Healthcare Conference continues, virtually, with presentations that Fierce Healthcare will follow into the evening and interviews scheduled for the end of the week.
Presentations from Zocdoc, Cityblock Health, Headspace, Signify Health, Sharecare, Transcarent and many more are expected today.
They want more? Catch the last News from Fierce Biotech, and follow Fierce Pharma coverage here.
UPDATED: Wednesday, January 12 at 3:15 pm
Whether or not a consumer engages in a healthcare product, Sharecare CEO Jeff Arnold said, depends on how that product fits the individual.
“How you make a person feel is the difference between pushing and staying committed or not,” he said. “The first step in doing it is that it has to be personalized.”
Sharecare’s digital health-first ecosystem collects vast amounts of data to generate insights that drive better outcomes, complemented by a diverse set of health offerings that give the company an edge in the marketplace, Arnold said.
Those offerings expanded in 2021 with new acquisitions: The digital health company acquired home health care provider CareLinx in August for $ 65 million after acquiring artificial intelligence company Doc.ai in January. The company also acquired behavioral health provider MindSciences in 2020.
The company’s Adjusted EBITDA lagged in 2021 by $ 30 million from $ 32 million in 2020, impacted by the reversal of COVID-related cost initiatives and other public spending after the company went public through a blank check merger last year.
But Sharecare projects that its Adjusted EBITDA will nearly double in 2022. The company also expects its full-year 2021 revenue to be about $ 415 million and projects $ 568 million for the new year. – rebeca torrence
UPDATED: Wednesday, January 12 at 12:00 pm
Six months after the $ 3 billion merger with Ginger, Headspace Health acquired Sayana, an AI-powered mental health and wellness company.
sayana will expand Headspace Health’s ability to provide personalized personal care content to its 100 million users, the executives said.
Headspace leverages AI to power a significant percentage of the care the business provides, Headspace Health CEO Russell Glass said during the JPM conference. Using AI, Headspace can recommend content to users to encourage the formation of healthy habits and provide users with personalized action plans.
With the addition of Sayana, Headspace Health will enhance its artificial intelligence capabilities to personalize member experiences, he said. History – heather landi
UPDATED: Wednesday, January 12 at 8:30 am
Healthcare technology company Signify Health is implementing a new partnership program to connect value-based solutions focused on improving care in and around the home with hospitals, healthcare systems, payers and patients.
“We are leveraging the networks, people and resources we have in the field,” said Kyle Armbrester, CEO of Signify Health, during a virtual presentation at the JP Morgan Healthcare Conference on Wednesday.
Signify Health provides a value-based platform of care that uses advanced analytics and other technology to bring health services to the home. The company’s network includes 10,000 providers in the US, more than 600 clinical and social care coordinators, 3,000 values-based provider sites, and 200 community organizations.
The Signify Health Partner program was launched with seven inaugural partners, including Medalogix, Quartet Health, and ReferWell.
Signify’s initial focus is on partner technologies and services supporting behavioral health, remote patient monitoring, social determinants of health to close gaps of care, member engagement, distribution channels to clients, employers and optimization of care.
Ecosystem partners are selected based on their ability to improve health outcomes in one or more critical ways: for example, by activating the home as a key site for care and recovery; equip value-based providers with the right knowledge, tools and support to take risks; and support a comprehensive approach to care that integrates clinical, social and behavioral factors, Signify Health executives said.
For program partners, Signify Health provides the opportunity to accelerate innovation through a platform that engages more than 1.4 million people each year through Signify Health Home Health Assessments.
Partner companies also have the opportunity to participate in episodes of care programs managed by Signify Health. Through the Centers for Medicare & Medicaid Services’ combined payment program and other episodes of care programs, the company has managed more than 1 million cumulative episodes. – heather landi
UPDATED: Wednesday, January 12 at 8:00 am
In a panel on health equity, government leaders, payers, and providers discussed the challenges of addressing health equity goals and shared solutions to overcome those obstacles.
Panelists identified several key strategies: data collection and analysis, quality and performance measures, and cross-industry collaborations.
Data on breed, for example, is difficult to collect and few standards exist for doing so. However, “we can’t improve what we don’t measure,” said Meena Seshamani, MD, Ph.D., director of the Center for Medicare at the Centers for Medicare & Medicaid Services. He also suggested evaluating patients for social determinants of health, which play a very important role in determining health outcomes, and aligning programs within organizations so that they are oriented around equity in health. “so that all the people involved are rowing in the same direction.”
Sandhya Rao, MD, medical director for Blue Cross Blue Shield of Massachusetts, emphasized the importance of sharing racial data with provider and employer groups to look at trends together and find solutions to address disparities. Another role that payers can play is to include incentives in contracts, such as including quality measures in payment models.
“Incentives help with prioritization,” Rao said, but acknowledged that financial incentives alone are not enough to eradicate the long-standing structural racism that causes inequalities. Community provider associations will also be needed to truly serve communities. providers in their health equity initiatives, Rao noted, and is making business decisions accordingly. History – Anastasia Gliadkovskaya
.
