On June 23, U.S. District Court Judge Carl J. Nichols dismissed the American Hospital Association’s lawsuit against HHS Secretary Alex Azar by which the AHA hoped to block CMS’s “price transparency rule”. In his 43-page opinion, Judge Nichols dismantled the AHA’s arguments against the price transparency rule.
Since its founding in 2013, Landmark Health has been focused on taking care of seniors with chronic conditions in their homes. Operating in 14 states and caring for more than 100,000 patients, the organization has a unique perspective on how COVID-19 has impacted this vulnerable population. CEO Nick Loporcaro says one of the biggest challenges has been addressing the increased feeling of isolation among Landmark’s patients.
In the midst of a global pandemic and a US recession, US digital health companies raised $5.4B in venture funding across the first six months of 2020. The sector is on track to have its largest funding year ever. Large deals are once again driving the overall trend as average deal size hit a record $25.1M in H1. We take a look at the unprecedented past six months and share our thoughts on the impact of COVID-19 on digital health innovation, funding trends, and the investment area that has raised an eye-popping amount of funding so far this year—behavioral health.