What You Should Know:
- Glytec, a provider of cloud-based insulin management software solutions, announced today the appointment of Patrick F. Cua as Chief Executive Officer.
- Cua's extensive experience and deep understanding of the healthcare industry will be crucial as Glytec gears up for rapid growth in the face of rising demand for its Glucommander® software.
Cua Bio/Background
With over three decades of leadership experience in healthcare, Cua brings a wealth of knowledge and
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Credo Health Secures $5.25M to Revolutionize Value-Based Care with AI-Powered Platform
What You Should Know:
- Credo Health, a game-changer in value-based care technology, has secured $5.25M in Series Seed funding, led by FCA Venture Partners with strong participation from existing investors Hannah Grey VC, FirstMile Ventures, and SpringTime Ventures. This significant investment fuels Credo's mission to become the definitive platform for value-based care providers, empowering them to thrive in the evolving healthcare landscape.
Bridging the Data Gap
Credo Health's core
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Mission Bio Appoints Brian Kim as CEO to Spearhead Single-Cell Genomic Solutions
What You Should Know:
- Mission Bio, a pioneer in single-cell multiomic solutions for precision medicine, announced today the appointment of Brian Kim as its new Chief Executive Officer.
- Kim brings over two decades of life sciences expertise and a proven track record of driving growth and innovation to the company, poised to propel Mission Bio's technology into clinical applications.
Brian Kim Bio/Background
Kim's career boasts a series of successes in the life sciences sphere,
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Aegis Ventures Appoints Dr. David Feinberg as Senior Advisor
What You Should Know:
- Aegis Ventures, a pioneering healthtech and healthcare AI venture studio, announced the appointment of Dr. David Feinberg, Chairman of Oracle Health, as Senior Advisor.
- Dr. Feinberg's role at Aegis will be complementary and synergistic to his ongoing leadership at Oracle Health. This dual focus allows him to leverage his extensive experience and vision across both organizations, fostering a collaborative environment that accelerates healthcare innovation.
Dr.
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MedBright AI Appoints Trevor Vieweg as CEO
- MedBright AI Investments Inc. (CSE: MBAI, OTCQB: MBAIF, FSE: 1V7), a leading investor in healthcare technology companies, today announced the appointment of Trevor Vieweg as its new Chief Executive Officer, effective immediately.
- This strategic move signals MedBright AI's commitment to scaling its investments in disruptive healthcare AI technologies and driving further market leadership.
A Seasoned Leader in AI Commercialization:
Vieweg brings a wealth of experience in bringing AI
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M&A: Veradigm Acquires Koha Health to Strengthen Ambulatory RCM
What You Should Know:
- Veradigm Inc. (NASDAQ: MDRX), a leading healthcare data and technology solutions provider, announced today the acquisition of Koha Health, a full-service revenue cycle management (RCM) company.
- This strategic move strengthens Veradigm's position as a premier provider of RCM services in the ambulatory healthcare market. Financial details of the acquisition were not dislcosed.
Expanding Ambulatory RCM Expertise and Reach
The acquisition brings
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Devoted Health Secures $175M to Expand Medicare Advantage Plans for Seniors
What You Should Know:
- Devoted Health, a leading provider of all-in-one healthcare for Medicare beneficiaries, has secured $175M in Series E funding, demonstrating continued investor confidence in its mission to revolutionize senior care.
- The round was led by a lead syndicate composed of The Space Between (TSB), Highbury Holdings, GIC, Stardust Equity, Maverick Ventures, and Fearless Ventures. Also participating in the funding round were Socium Ventures, Emerson Collective, Andreessen
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Icario Appoints Aerste Howells as Chief Commercial Officer
What You Should Know:
- Healthcare engagement leader Icario has tapped industry veteran Aerste Howells as its new Chief Commercial Officer, effective January 2nd, 2024.
- Reporting to CEO Marc Willard, Howells will spearhead Icario's sales and marketing efforts, collaborating with healthcare executives to leverage the power of engagement in driving healthy behaviors.
Aerste Howells Bio/Background
Howells brings over two decades of experience partnering with payers, providers, and
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VA’s Troubled EHR System: Cautiously Moving Forward Despite Past Woes
What You Should Know:
- The Department of Veterans Affairs' ambitious effort to modernize its electronic health record system (EHR) has hit the brakes, riddled with delays, cost overruns, and safety concerns, Nextgov reports.
- While the Oracle Cerner system promises seamless interoperability with the Department of Defense's EHR, its rocky implementation at five facilities has sparked outrage and calls for accountability.
A History of Hiccups
2020 launch: The system debuts at
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Healthcare M&A Market Braces for a Cautiously Optimistic 2024
What You Should Know:
- Despite a 13% decline in deal volume compared to 2022, PwC's latest Health Services Deals Outlook paints a cautiously optimistic picture for 2024.
- While a cautious optimism prevails, several factors suggest that 2024 could be a dynamic year for healthcare M&A. Adaptability, resourcefulness, and a focus on value creation will be key for dealmakers navigating the evolving landscape.
Fueling the Fire
While headwinds like high-interest rates and regulatory
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