What You Should Know:
- St. Joseph's/Candler Hospital and Morrison Healthcare are revolutionizing hospital food service with the first-ever implementation of Amazon's Just Walk Out technology in a healthcare facility.
- This groundbreaking move offers patients, visitors, and staff unprecedented convenience and 24/7 access to a variety of food and beverage options.
Frictionless Shopping Meets Employee Convenience
The Just Walk Out-enabled SmartBytes market operates seamlessly. Simply
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Rune Labs Scores $12M to Power Personalized Parkinson’s Care with AI
What You Should Know:
- Rune Labs, a precision neurology company, announced a strategic $12M funding round, bringing its total to over $42 million. The round was led by Nexus NeuroTech Ventures, a new brain disorder fund, with participation from existing investors.
- This strategic partnership marks a significant step forward in Rune Labs' mission to revolutionize Parkinson's disease care through personalized data and cutting-edge technology.
Transforming Parkinson's Care with Data and
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Labcorp & Hawthorne Effect Partner to Supercharge Decentralized Clinical Trials
What You Should Know:
- Labcorp, a global leader in innovative laboratory services, and Hawthorne Effect, Inc., a pioneer in technology-driven clinical trial solutions, have announced a groundbreaking partnership to revolutionize clinical trials with a focus on decentralization.
- This collaboration aims to unlock unprecedented levels of patient diversity, reduce site burden, and accelerate study timelines for pharmaceutical, biotech, and medical device sponsors.
Decentralization: The
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Commons Clinic Launches $100M Center to Disaggregate MSK Care from Hospitals
What You Should Know:
- Commons Clinic, a leading value-based physician group transforming musculoskeletal (MSK) care, today announced the launch of the Center for Spine Economics, Outcomes & Research (SEOR).
- This landmark initiative marks a $100M commitment over the next decade to revolutionize ambulatory spine care delivery, paving the way for more effective, affordable, and patient-centered treatment.
Spine Care in Crisis
Millions of Americans suffer from chronic back pain,
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Hospitals Show Signs of Recovery, But Growth Strategies Crucial for 2024 Success
What You Should Know:
- A glimmer of hope shines through for hospitals, according to November data from Kaufman Hall's National Hospital Flash Report points to ongoing stabilization and even growth.
- While the scars of the pandemic and economic challenges remain, key indicators suggest gradual recovery, with operating margins edging up and revenue streams climbing.
Margins on the Rise, Though Gap Between Performers Persists
The median calendar year-to-date operating margin index for
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Digital Health Funding Plunges in 2023, Setting Stage for 2024 Reckoning
What You Should Know:
- The year 2023 saw a stark shift in the digital health funding landscape, according to Rock Health’s annual year-end digital health funding report. Gone were the days of exuberant funding rounds and endless optimism.
- Instead, we witnessed a contraction, with venture capital drying up and startups scrambling to stay afloat. But amidst the turbulence, there were also signs of resilience, innovation, and a necessary course correction.
2023: A Year of Transition and
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Mayo Clinic, Techcyte Partner to Create AI-Powered Pathology Platform
What You Should Know:
- Mayo Clinic Platformv and Techcyte have joined forces to revolutionize the field of pathology by creating a digital pathology platform. This platform aims to pioneer the next generation of pathology services through an open, AI-driven solution, enhancing treatment, efficiency, and accuracy globally.
- By enabling healthcare organizations to economically digitize their pathology practices, the platform integrates innovative technical and AI workflow
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Arineta Cardio Imaging Welcomes New CEO Doug Ryan
What You Should Know:
- Arineta Cardio Imaging, a pioneer in cutting-edge cardiovascular imaging solutions, has appointed seasoned medical device leader Doug Ryan as its new CEO.
- Ryan brings 30 years of expertise in building business infrastructure and crafting market strategies for global healthcare giants, poised to propel Arineta to new heights in the fight against cardiovascular disease.
Proven Track Record of Success
Prior to joining Arineta, Ryan held pivotal leadership
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Veracyte Acquires C2i Genomics for $70M, Expanding into Minimal Residual Disease Detection
What You Should Know:
- Veracyte, Inc. (Nasdaq: VCYT), a cancer diagnostics company acquires C2i Genomics, Inc., a pioneer in minimal residual disease (MRD) detection.
- Under the terms of the agreement, Veracyte will pay $70 million in Veracyte shares at closing, and up to an additional $25 million based on the achievement of future performance milestones over the next two years, payable in Veracyte shares or cash at Veracyte’s election.
- This strategic move positions Veracyte to
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Cityblock Expands Access for High-Risk Medicaid Members in Ohio
What You Should Know:
- Buckeye Health Plan and Cityblock are teaming up to provide integrated, community-based care to approximately 10,000 underserved Medicaid recipients in the Cleveland-Akron-Canton area.
- The strategic partnership promises to redefine healthcare delivery for vulnerable communities, prioritizing whole-person health and tackling barriers to access in Ohio.
Building Bridges, Improving Outcomes
Buckeye is a leading Ohio Medicaid managed care plan serving over
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