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Startup raises $15M to help prevent and treat opioid addiction

AxialHealthcare, a startup building software to manage opioid prescriptions and addiction, raised $15 million in funding. The company plans to use the new funds to build out tools to help addicted patients find help. By ELISE REUTER A startup building tools to prevent opioid addiction closed a $15 million funding round. AxialHealthcare raised the new funds from previous …

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Nashville company to fight addiction with $15M in new funding

Read the full story in the Nashville Business Journal.

Axial Healthcare Raises $15 Million for Technology Solution to Substance Abuse

Read the full story in Wall Street Journal Pro Venture Capital.

axialHealthcare closes $15M funding, expands core business

Read the full story in the Nashville Post.

axialHealthcare Raises $15M in Series C Funding

axialHealthcare, a Nashville, Tenn.-based care optimization company navigating substance use issues for patients, providers, and health plans, closed $15m in Seris C financing. The round was led by previous institutional investors Oak HC/FT, .406 Ventures, BlueCross BlueShield Venture Partners (BCBSVP), and Sandbox Advantage Fund. The company intends to use the funds to accelerate its expansion …

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Top 10 Disruptive Trends to Watch For in Managed Care

There is growing evidence that social determinants of health (SDoH) have a negative effect on health outcomes. SDoH are “the conditions in which people are born, grow, live, work, and age,” and they play an important role in a patient’s overall health status. This is considered by many to be the top disruptive trend impacting …

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Opioid Use Before Joint Replacement Surgery: Adverse Outcomes

Preoperative opioid use before elective surgery brings elevated risk and costs. Patients who take opioids preoperatively have elevated risk during and after joint replacement surgery, according to new research by Meridith Peratikos, M.S., director of enterprise research at axialHealthcare in Nashville, Tennessee, and biostatistician at Vanderbilt University Medical Center. In study results published in Pain …

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Poor outcomes seen in elective total joint arthroplasty patients who take opioids preoperatively

According to recently published results, there was a significant correlation between increased health care costs and adverse perioperative surgical outcomes in patients who used opioids prior to total joint arthroplasty. “For orthopedic surgeons, I believe that the key takeaway here is that preoperative opioid use is associated with poor outcomes for the patients [those] orthopedists …

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Machine learning tool may determine opioid use disorder risk

Using data found on health care claims, researchers developed a machine learning tool that resulted in a “high level of predictive accuracy” to determine who is at risk for future opioid use disorder in the next 12 months, according to findings presented at PainWeek. “Manual review of health care records by pain practitioners for [opioid use disorder] …

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PQA Endorses Three New Quality Performance Measures for Opioids

The Pharmacy Quality Alliance (PQA), through a majority vote of its members, has endorsed three new performance measures that evaluate initial opioid prescriptions: at high dosage, for long duration, or for long-acting or extended-release opioids. The measures are aligned with the CDC Guideline for Prescribing Opioids for Chronic Pain and retrospectively evaluate health plan performance …

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