Freight forwarding and logistics have long been an industry that relies on disparate workflows, heavily reliant on a pen and paper model despite trillions of dollars of annual trade. The pandemic has led to an increase in digital adoption as the need to continue commerce superseded the industry’s traditional unwillingness towards anything digital. Nuvocargo is an all-in-one digital platform that’s focused on cross-border trade between the US and Mexico, a $600B+/yr market. The company offers freight forwarding, customs brokerage, insurance, and is also looking to make a mark in trade financing. Supporting businesses with unprecedented transparency and efficiency, the company grew revenue 25X during the pandemic with plans to expand its geographic footprint and headcount. AlleyWatch caught up with Cofounder and CEO Deepak Chhugani to learn more about how his own personal paint point with his family’s business led to the need for this business now, the company’s future plans
The pandemic has shaped the future of remote healthcare as the importance of providing access to essential healthcare services grew dramatically as the world scrambled to move to digital. In fact, 23.6% of all healthcare interactions were via telehealth during the first four months of the pandemic, up from just .3% for the same period in 2019. Ro, founded in 2017, is one of the pioneering patient-driven telehealth companies that’s built to be the first point of contact when you need to see a physician. The technology allows you to seamlessly connect with a physician, nurse, or pharmacist in minutes instead of days or weeks, bringing the care experience online instead of at a doctor’s office. Ro also operates its own pharmacy fulfillment business, effectively allowing the company to support patient needs from the initial diagnosis to treatment/delivery and everything in between. Structured as a holding company that’s able to capitalize on a robust centralized platform, Ro
Telehealth claims increased 3,000% in November, report finds
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Telehealth claims increased 2,938% in November, compared to the same month in 2019, according to Fair Health s latest monthly tracker, released Tuesday.
The report from Fair Health, a Midtown nonprofit promoting health care cost transparency, covers national and regional telehealth claims dating from January 2020.
National telehealth claims were only 0.2% of all claims in November 2019, but a year later they shot up nearly 3,000% to about 6% of claims.
The Northeast region, which includes Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island and Vermont, had the lowest claims rate pre-pandemic and the highest claims rate of all regions in November. In November 2019 telehealth claims were only 0.08% in the region, but they increased over 8,000%, to 7.2%, a ye
Garner Health Raises $12.5M for its Platform That Lets Employers Recommend the High-Quality Doctors to Employees
There’s been a growing movement towards outcome-based healthcare payments as we look to value-based care and providing the best care possible. This starts with selecting quality providers.
Garner Health is a technology-driven platform that analyzes aggregate medical data to isolate the highest-performing physicians by specialty, procedure, and geography. Employees of companies that are partnered with Garner Health are able to access this curated selection, filtered for availability and network considerations for upcoming medical visits. The platform also features a concierge service available through phone, chat, or email to provide additional guidance on provider selection, if necessary. If the employee opts to use one of the recommended providers, then the employer covers all or a portion of any out-of-pocket expenses. The incentivization for employees, in the sho