What You Should Know:
- RxBenefits, a leading pharmacy benefits optimizer (PBO), has announced the appointment of Mark Campbell, PharmD, as its first Chief Pharmacy Officer.
- The newly created position underscores the company's commitment to using clinical expertise and technology to improve health outcomes and optimize costs for employers and employees.
Campbell Bio/Background
Campbell, a seasoned pharmacy leader with 27 years of experience, has been instrumental in the success of
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Hospitals See Financial Improvement in 2023, but Challenges Remain
What You Should Know:
- After enduring the worst year in recent memory, 2023 offered hope for hospitals and health systems, with data from Kaufman Hall showcasing general improvement across operational and financial measures.
- The January issue of the National Hospital Flash Report reveals that while the road to full recovery is still under construction, the latest trends suggest a cautiously optimistic outlook.
Financial Rebound, But Pre-Pandemic Levels Still
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It Takes A Community to Support A Pregnancy. A Digital Health Ecosystem Could Provide One
Our mothers are dying. In 2021, the United States saw 32.9 maternal deaths per 100,000 live births. When stratified by race, those rates were two to three times higher for Black women. While the popular press has succeeded in sounding the alarm, resulting in more public and policy dialogue around the issue than in preceding decades, the issue persists. Maternal mortality rates have consistently worsened year over year, yet maternal deaths attributed to hospitalizations related to birth declined
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State of Digital Health 2023: From Gold Rush to Consolidation in a Cooling Market
What You Should Know:
The year 2023 marked a stark shift for digital health, transitioning from the heady days of record-breaking funding to a harsh reality of tightening belts and consolidation, according to a new report from CB Insights.
- The CB Insights report, State of Digital Health 2023, reveals that while the pandemic initially fueled a gold rush of innovation, the tide has turned, leaving a landscape of both challenges and opportunities.
Funding Plummets, Deals Dry Up
Global
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53% of Psychologists Are Concerned About The Use of AI
What You Should Know:
- As artificial intelligence (AI) creeps into every corner of life, psychology faces a critical juncture, according to a new study by PsychologyJobs.com reveals a complex and often conflicted landscape among psychologists regarding AI's potential and perils in their practice.
- The study surveyed 100 psychologists across 12 different fields, and the findings paint a fascinating picture. While a quarter (25%) of psychologists surveyed are already using AI tools, and
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ObjectiveHealth Secures Growth Investment to Expand Innovative Clinical Research Model
ObjectiveHealth, a pioneer in integrated specialty research, today announced a strategic investment from Vitruvian Partners, a renowned global growth equity firm.
- This strategic investment will fuel ObjectiveHealth's expansion and its mission to revolutionize clinical research by seamlessly integrating trials into the practices of community-based physicians.
Transforming Clinical Trials, One Patient at a Time:
ObjectiveHealth stands out with its innovative approach. They act as a
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Swift Medical Secures $8M to Power AI-Driven Wound Care
What You Should Know:
- Swift Medical, a digital health leader in AI-powered wound care, has announced a successful $8M funding round co-led by BDC Capital's Women in Technology Venture Fund and funds managed by Virgo Investment Group.
- The strategic investment will fuel the company's mission to revolutionize chronic and acute wound care through advanced technology and artificial intelligence.
The Future of Wound Care
Swift Medical boasts a proven track record, serving as the
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Ochsner Health Appoints Amy Trainor as Chief Information Officer
What You Should Know:
- Ochsner Health has appointed Amy Trainor as its new System Vice President and Chief Information Officer.
- In her new role as CIO, Trainor will oversee the design, implementation, and utilization of information services across the organization's vast network of 46 hospitals, 370+ health and urgent care centers, and its cutting-edge Connected Health program.
Amy Trainor Bio/Background
Trainor brings extensive experience and a proven track record to the table.
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Motif Neurotech Raises $18.75M for Implantable Device for Treatment-Resistant Depression
What You Should Know:
- Motif Neurotech, a pioneer in minimally-invasive bioelectronics for mental health, announced today an impressive $18.75 million Series A funding round. Led by Arboretum Ventures, the investment saw participation from prominent players like KdT Ventures, Satori Neuro, and Dolby Family Ventures, alongside existing supporters Divergent Capital and PsyMed Ventures.
- Motif Neurotech's innovative approach represents a potential paradigm shift in mental health treatment.
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Precision Psychiatry: Circular Genomics Secures $8.3M to Tackle Depression with CircRNA Test
What You Should Know:
- Circular Genomics, a pioneer in unlocking the secrets of circular RNA (circRNA) for precision psychiatry and neurology, has secured $8.3 million in a Series A funding round. Led by Mountain Group Partners, this vital investment brings on board new partner UNM Rainforest Innovations and bolsters support from existing investors like Cottonwood Technology Fund and Tramway Venture Partners.
- The new funding will empower Circular Genomics to build and scale commercial
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