What You Should Know:
- Healthcare Growth Partners (HGP) and Eliciting Insights surveyed private equity investment professionals focused on the Healthcare and Health IT sectors.
- The 2024 Health IT Private Equity Survey aimed to capture the "new normal" of the market, considering the current point in the interest rate cycle, economic fluctuations, and the upcoming U.S. presidential election. Respondents included venture capital, growth equity, and buyout investors, providing a
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Epic Unveils Expanded APIs for Healthcare App Developers
What You Should Know:
- EHR leader Epic announced the expansion of its Application Program Interfaces (APIs) for healthcare app developers.
- These APIs, available at no cost, will enable developers to access a more comprehensive view of the patient, supporting the latest standards in data exchange.
Enhanced Interoperability for Personalized Care
The expanded APIs are designed to support version 3 of the United States Core Data for Interoperability (USCDI v3).
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2024 CHIME Digital Health Most Wired Survey: Governance and Automation Shape Healthcare IT
What You Should Know:
The College of Healthcare Information Management Executives (CHIME) has released its annual Digital Health Most Wired (DHMW) survey report, providing valuable insights into the digital health progress of healthcare organizations (HCOs) worldwide.
- The 2024 survey reveals a significant shift towards governance and automation in key digital domains, reflecting a growing emphasis on leveraging technology to improve patient care and operational
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PrognomiQ Raises $34M to Advance Multi-Omics Early Detection Test for Lung Cancer
What You Should Know:
- PrognomiQ, a healthcare company pioneering multi-omics approaches to disease detection, has secured $34M in Series D funding led by Seer, Inc., with participation from a new strategic investor and existing investors including Catalio Capital Management, aMoon, Invus and Bruker.
- The funding brings PrognomiQ’s total funding to more than $135M and will accelerate the development of PrognomiQ's early detection test for lung cancer.
Enhancing Lung
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Cerebral Inc. Agrees to $3.6M Settlement Over Unauthorized Distribution of Controlled Substances
What You Should Know:
- Cerebral, Inc., an online mental healthcare provider, has entered into a non-prosecution agreement (NPA) with the U.S. Attorney’s Office for the Eastern District of New York to pay more than $3.6M to resolve allegations that it engaged in practices that facilitated the unauthorized distribution of controlled substances from 2019 to 2022.
- Founded in 2020, Cerebral offers telehealth services aimed at providing mental health treatment, including medication
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Healthcare Data Blocking Wars: RTMS Defends Against PointClickCare’s Appeal
What You Should Know:
- Real Time Medical Systems (RTMS) is defending a preliminary injunction that prevents PointClickCare (PCC) from blocking RTMS's access to patient electronic health records (EHRs).
- PCC, which owns the EHR platform, attempted to block RTMS's access to the data by implementing "indecipherable CAPTCHAs," effectively preventing RTMS from providing its services.
Legal Dispute Overview
RTMS and PCC are competitors in the value-based care/patient
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Philips Launches THOR IDE Clinical Trial for Innovative PAD Treatment Device
What You Should Know:
- Philips, a global leader in health technology, has announced a significant milestone in treating peripheral artery disease (PAD) by enrolling the first patient in the U.S. THOR IDE clinical trial.
- The study is set to evaluate the safety and efficacy of a new catheter developed by Philips, which uniquely combines laser atherectomy and intravascular lithotripsy into a single device. This innovative approach allows physicians to treat complex, calcified
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Komodo Health Awards Grants to Researchers Studying the Impact of Diet on Health
What You Should Know:
- Komodo Health, a leading healthcare technology company, has announced the recipients of its 2024 Diet-Related Health (DRH) grants.
- The program, funded by the Robert Wood Johnson Foundation (RWJF), provides researchers with free access to Komodo's Healthcare Map™, a vast repository of de-identified patient data, to study the impact of diet on health outcomes.
Advancing Research and Improving Health Equity
The DRH program supports diverse research
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OpenNotes and Abridge Partner to Evaluate AI-Generated Visit Summaries for Enhanced Patient Understanding
What You Should Know:
- OpenNotes, an advocate for healthcare transparency, and Abridge, an AI-powered clinical documentation platform, have joined forces to improve patient engagement and understanding through enhanced AI-generated visit summaries.
- The collaboration, part of the new OpenNotes Lab at Beth Israel Deaconess Medical Center (BIDMC), will leverage patient feedback and AI to create more effective and accessible patient-facing documentation.
Improving Patient
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KLAS: Small Hospitals Face Buyer’s Remorse for EHR Selections
What You Should Know:
- KLAS Research has released a new report reveals EHR selection buyer's remorse among recent decison-makers at small standalone hospitals (1-200 beds).
- The report, US Acute Care EHR Market Share 2024 is based on interviews with hospital leaders and an analysis of market share data, reveals key trends in EHR selection, implementation, and satisfaction among small hospitals.
Epic, MEDITECH, and Oracle Health Dominate the Market
While small hospitals
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