Empactful Capital

The Empactful team welcomes Thoroughcare to the family and ecosystem. We have been so impressed over 2024 with the company and team’s mission and passion to enable the financial viability and health of independent physician practices. We had the opportunity to speak with many of their clients recently who espoused Thoroughcare’s value proposition as critical to their survival and as a bridge to value based care models. Congrats on an early but major milestone in your long-term success. The Empactful team is excited to play a support role and we wish you all the best in the years to come.

We are excited to highlight Empactful Capital's Operating Partner, Jonathan Evans, MS, for his thoughtful insights on telehealth regulation. As shared in the Wall Street Journal, Jon cautions that if remote prescribing waivers end, it will impact growth for telehealth companies, particularly in psychiatry. His experience as former CEO of InnovaTel, Empactful portfolio company acquired by Quartet, and deep understanding of regulatory landscapes continue to provide critical guidance for navigating these challenges. #HealthcareInnovation?#EmpactfulCapital

Our team had a great couple days together enjoying the beautiful weather in Lake Tahoe. Special thanks to our Operating Partners, Venture Partners and Portcos for making the trip!

Matt and RH team: Congrats on this recognition of your innovative platform and its meaningful impact on healthcare, including member / patient incentives to remain compliant with their care plans resulting in improved health outcomes. Once again, your success demonstrates patients need to be treated like the true consumers of our healthcare system. Empactful Capital is very proud to be a partner in your success.

Thank you to Venture Partner Anne-Maree Cantwell for sharing this concise and thoughtful piece on key Advisory Board considerations. An Advisory Board can play multiple roles and have important and different impact than a Board of Directors given its governance and accountability role. Very helpful resource for healthcare tech start-ups in particular.

On behalf of the Empactful Capital team, we are so proud of all of the growth milestones Care Continuity (CC) has achieved not only in CY 2023 but throughout our 3-year investment partnership. CC's value proposition in solving the last-mile navigation and logistics problems is critical to putting the patient at the center of the care continuum. CC's platform approach allows hospital systems and integrated delivery networks to engender loyalty and engage their patients / members at a time of unprecedented financial challenges in healthcare. Congratulations to Brad and the team on his important milestone and looking forward to your continued success and market leadership in the years to come. #patientexperience #patientengagement #memberengagement #patientcenteredcare

2023 is drawing to a close, but the Behavioral Health industry is gearing up for a dynamic 2024, with critical regulatory issues shaping the landscape. The impending back and forth?over parity and changes in telehealth are set to redefine the sector under the Biden administration. Some Key Takeaways: ? Parity Predicament:?The SUPPORT Act, Part 2, and MHPAEA remain pivotal, with the SUPPORT Act's uncertain fate causing industry shifts. The opioid epidemic's persistence emphasizes the urgency for reauthorization of the Act. ? Telehealth & Substance Regulations:?Post-pandemic, telehealth and controlled substance regulations could significantly impact addiction treatment and psychiatric care access. Congressional action on electronic health record (EHR) implementation adds another layer of complexity. ? Regulatory Roadmap:?Recent shifts in congressional leadership and partisan tensions add uncertainty to reauthorizing the SUPPORT Act. Both House Speaker Mike Johnson and Sen. Bernie Sanders express intentions to revisit and strengthen the existing bill. ? Parity Rule & Industry Response:?The Biden administration's proposed rule on parity is a focal point. Provider organizations endorse it, while insurers push back. The rule emphasizes non-quantitative treatment limitations. ? EHR Adoption Challenges:?Behavioral health grapples with low EHR adoption rates, hindering seamless integration into general healthcare. Efforts to grant behavioral health providers access to funding for EHR implementation gain momentum. ? Patient Privacy & Regulation:?Changes to align patient privacy regulations with HIPAA could reshape addiction treatment coordination. The industry anticipates streamlined regulations to enable informed care. ? Telehealth & Controlled Substances:?The DEA's pending rule on prescribing controlled substances via telehealth keeps stakeholders on edge. Flexibilities introduced during the pandemic face potential adjustments, with the industry advocating for permanent changes. ? Digital Marketing Policy Challenges:?Evolving digital marketing standards become a focal point, impacting every healthcare provider. Legal battles, such as the AHA's suit against HHS Office for Civil Rights, highlight growing concerns over digital tracking. As we step into 2024, the behavioral health industry is navigating through regulatory challenges with resilience and adaptability. #BehavioralHealth #MentalHealth?