What You Should Know:
- Virtual Therapeutics, a leader in using engaging games for mental health treatment, announced today it will acquire Akili, Inc. (Nasdaq: AKLI), a prominent digital therapeutics company. This merger creates a diversified powerhouse in the digital health industry.
- Once the acquisition is complete, Akili's common stock will be delisted from all public stock exchanges. The combined entity's focus on mental health and broader digital therapeutics solutions
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Medable Partners with Masimo to Bring Wearable Devices to Clinical Research, Capturing Better Data
What You Should Know:
- Medable Inc., a leader in modern clinical trial technology, has announced a groundbreaking partnership with Masimo (NASDAQ: MASI) to integrate medical-grade wearable devices into clinical research. This collaboration aims to streamline patient participation and enhance data collection for clinical trials.
- By offering a patient-centric approach and fostering richer data collection, this collaboration holds promise for faster drug development, improved patient
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New AI Test Aims to Improve Breast Cancer Recurrence Prediction: COTA, PreciseDx, and Baptist Health South Florida Collaborate
What You Should Know:
- A collaborative effort between COTA, PreciseDx, and Baptist Health South Florida seeks to revolutionize breast cancer recurrence risk assessment with the PreciseBreast™ (PDxBr) test. This AI-powered tool holds promise for faster, more accurate, and more affordable risk prediction compared to current methods.
- By utilizing AI technology, PreciseBreast™ has the potential to offer patients a faster, more accurate, and more affordable way to assess their risk of
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HouseWorks Acquires AccordCare’s Connecticut Personal Care Division
What You Should Know:
- HouseWorks Holdings, LLC, a leading personal care services provider in the Northeast, today announced the acquisition of the Connecticut Personal Care Division of AccordCare.
- The acquisition marks HouseWorks' entry into the Connecticut market, significantly expanding their geographic reach and service offerings.
Expanding Services and Entering New Territory
The Connecticut Personal Care Division, encompassing Companions and Homemakers, LLC and
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Veradigm Announces Leadership Changes Amidst Strategic Review
What You Should Know:
- Veradigm Inc. (OTCMKTS: MDRX), a leading healthcare data and technology company, announced today that it will be undergoing leadership changes as it explores strategic alternatives.
- Effective June 7th, 2024, Tom Langan, currently serving as Veradigm's President and Chief Commercial Officer (CCO), will assume the role of interim Chief Executive Officer (CEO). Mr. Langan is a seasoned leader with over 25 years of experience in life sciences, payer industries,
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CVS + Echo Health Makes Strategic Investment in Thyme Care
What You Should Know:
- Thyme Care, a leader in value-based cancer care, has announced a strategic investment from Echo Health Ventures and CVS Health Ventures. Both partners have identified Thyme Care’s provider-centric approach as the only way to improve the patient experience and reduce costs across the care continuum. The investment was part of Thyme’s Series B fundraise.
- The strategic funding will fuel the national expansion of Thyme Care's innovative model, aiming to improve
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Sheba Medical Center & Salignostics to Develop Saliva Test for Early Oral Cancer Detection
What You Should Know:
- Jerusalem-based Salignostics, a company specializing in rapid tests using saliva samples, has joined forces with ARC Innovation, the innovation arm of Sheba Medical Center, in a groundbreaking initiative.
- The strategic partnership is focused on developing a revolutionary test for early detection of oral cavity cancer through saliva analysis.
Early Detection: A Critical Need in Oral Cancer
Globally, over 400,000 individuals are diagnosed with
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Innovaccer Launches Quality Management Solution for Health Plans
What You Should Know:
- Innovaccer Inc., a leader in healthcare artificial intelligence, has unveiled a quality management and reporting solution designed specifically for health plans.
- The comprehensive platform empowers health plans to streamline workflows, improve member health outcomes, and achieve higher quality ratings.
Addressing Challenges in Healthcare Quality Management
Health plans have long grappled with managing quality and reporting requirements
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AI’s Transformative Power in Health, Wellness, and Supplements
The integration of Artificial Intelligence (AI) technologies into various sectors has been a game-changer, and the health and wellness industry is no exception. As we progress further into the digital age, AI is poised to revolutionize the way we approach our well-being, offering unprecedented opportunities for personalized care, predictive analytics, and targeted solutions.
AI in Healthcare: Revolutionizing Patient Care
In the realm of healthcare, AI has already made significant strides
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US Government Invests $50M in Automating Hospital Cybersecurity Defense
What You Should Know:
- The healthcare industry faces a growing threat: cyberattacks targeting hospital IT systems. In response, the US government's Advanced Research Projects Agency for Health (ARPA-H) has pledged over $50 million to fund a groundbreaking program called UPGRADE (Universal PatchinG and Remediation for Autonomous DEfense).
- The success of UPGRADE has the potential to significantly improve hospital cybersecurity and protect patient care from cyber threats. By
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