Rock Health Predicts Increased Investments in Advanced Analytics for Population Health Management in 2024

Gaining the Right Value from Population Health Management: 3 Secrets to Success

Rock Health forecasts a rise in investments in advanced analytics for population health management in 2024, highlighting the importance of predictive analytics tools that analyze patient demographics and health behaviors. This trend aims to enhance care interventions and optimize utilization management, reflecting a broader shift towards data-driven healthcare solutions.

Rock Health

Rock Health is a company focused on transforming healthcare by investing in the next generation of entrepreneurs, advising major corporations on digital health, and working to scale health equity for all humanity.

Rock Health accelerates innovation at the nexus of technology and healthcare through an early-stage venture fund, an enterprise strategy group, and a non-profit advancing equity-centered change.

1DocWay

Benefitter

Augmedix

Wello

Omada

Doctor On Demand

DrChrono

Sano

Sessions

Ginger

Kurbo by WW

Lift Labs

Mango Health

Natalist

Bessemer Venture Partners

iSeed Ventures

Flare Capital Partners

As a 2023 RockHealth.org Innovation Fellow, Alice Zhang is the Co-Founder and CEO of Anise Health. Anise Health is a digital platform offering culturally-adapted virtual mental health care for people of color. Anise leverages machine learning technology to integrate therapy, coaching, and alternative medicine to deliver holistic and personalized care.

Learn more about how Alice is reimagining mental health care for people of color: https://lnkd.in/gnq7AR6U

The buzz around AI in digital health continues to grow—over $400M has already been invested in AI-enabled digital health startups in 2024. Pharma companies are facing an influx of AI startup pitches and possibilities, with more than 130 digital health companies in the U.S. alone selling AI-enabled tools for pharma tasks.

Given all the noise around AI’s potential, it can be hard to identify the concrete ways AI could improve jobs-to-be-done at your organization and determine if there’s a business case for implementation. In Rock Health Advisory’s latest piece, Sari Kaganoff, Irene Golden, and Mihir Somaiya share an approach that helps pharma leaders build AI use cases and ask the right questions to get to business decisions: https://lnkd.in/gNmyS5Uu 

#ai #lifesciences #healthcareinnovation  

Headed to Los Angeles for #ViVE2024 next week? Don't miss the panel "Venturing into Greener Pastures" on February 27 at 9:00am. Rock Health's Megan Zweig will moderate a discussion on how the needs of health systems will impact funding trends in 2024 with Caroline Xie (ICONIQ Capital), Michelle Snyder (McKesson Ventures), Rahul Rekhi (Lazard), and Scott Barclay (Insight Partners). 

+ if you still need a ticket, use our discount code to get $150 off! v24p_rock150

James Waring is a 2023 RockHealth.org Innovation Fellow and CEO at Somnea Health. Somnea Health is a digital care platform for patients struggling with chronic sleep disorders like sleep apnea. Their tech-enabled service supports coaching, technology, and care in one place to help provide immediate, personalized support to anyone struggling with sleep disorders.

Learn more about how James and his team are working to transform sleep disorder outcomes: https://lnkd.in/gFhqgM3j

Digital health startups like Foodsmart, grocers like Albertsons and Kroger, delivery fulfillment partners like Instacart, and even government agencies like the U.S. Department of Health and Human Services (HHS) are ramping up food as medicine programs, which combine features like nutritional guidance and grocery delivery to support consumer health. 

In the past six months, at least 17 digitally-enabled food as medicine programs have launched across the country. Program configurations vary by who initiates (the program onboarding), who fulfills (the food delivery), and who pays (for the service and food). Here’s how recently-announced food as medicine programs are operationalized and funded:

• Generally in a food as medicine program, the service flow doesn’t match the direction of cash flow. For example, a clinician might initiate a consumer’s food as medicine consultation, even if the program is paid for by the health plan. 

• Health plans are the main funders of food as medicine programs, covering costs like nutrition consultations and grocery stipends. In particular, Medicare Advantage and Medicaid plans are ramping up food as medicine programs as supplemental benefits. 

• Even with plans leading the funding charge, startups and fulfillment partners often accept multiple forms of payment in addition to plan benefits, including SNAP, FSA/HSA, and out-of-pocket spend. This enables them to scale with multiple channel partners and flex if plans or funding policies change. 

Food as medicine innovation is still early on the innovation curve. If you’re thinking about how to craft your food as medicine strategy, stand up a program, or choose digital partners, let’s talk: reach out to Chris Lew or email us at advisory@rockhealth.com.

#foodasmedicine #healthcareinnovation #digitalhealth 

Kehlin Swain, a 2023 RockHealth.org Innovation Fellow, is the CEO at Greens by Xplosion Technology. Xplosion is improving patient outcomes for adolescents with Type 1 and Type 2 diabetes by enabling managed care organizations to provide support, education, and personalized strategies. Their mission is to harness technology, behavioral insights, and AI-driven tools to enhance the well-being and quality of life for those living with diabetes, fostering a healthier and happier future for all.

Learn more about how Kehlin is reimagining healthcare access for those living with diabetes: https://lnkd.in/gYcp3iBN

COM:ROCKHEALTH

Rock Health

Analysis Not Available