What You Should Know:
- Invitae (NYSE: NVTA), a medical genetics company, announced the completion of its sale of certain reproductive health assets, including carrier screening and non-invasive prenatal screening (NIPS), to Natera (NASDAQ: NTRA).
- The transaction is valued at up to $52.5M, comprised of cash, milestone payments, and litigation credits.
Streamlining Focus on Oncology and Rare Disease
This strategic move streamlines Invitae's operations and allows them to focus their
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CMS Unveils “Innovation in Behavioral Health” Model to Tackle Dual Mental and Physical Health Challenges
What You Should Know:
- The Centers for Medicare & Medicaid Services (CMS) has taken a bold step towards improving care for individuals with both mental health conditions and substance use disorders (SUD), announcing the "Innovation in Behavioral Health (IBH)" Model.
- This IBH model holds immense promise for transforming how we address the complex healthcare needs of individuals struggling with both mental and physical health challenges. By focusing on integrated care, addressing
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LifeStance Health Appoints Dr. Ujjwal Ramtekkar as Chief Medical Officer
What You Should Know:
- LifeStance Health, a provider of virtual and in-person outpatient mental healthcare, announced today the appointment of Dr. Ujjwal Ramtekkar as its new Chief Medical Officer, effective January 22, 2024.
- Dr. Ramtekkar succeeds Dr. Anisha Patel-Dunn, who is stepping down from the role to spend more time with her family. Dr. Patel-Dunn's contributions to LifeStance have been invaluable since joining in 2019, playing a crucial role in establishing the company's
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Viventium Appoints Navin Gupta as New CEO to Drive Growth in Post-Acute Care HCM
What You Should Know:
- Viventium, a provider of SaaS-based human capital management (HCM) platforms for the post-acute care industry, has announced the appointment of Navin Gupta as its new CEO.
- Gupta brings a wealth of experience in both healthcare and technology, which will be invaluable as Viventium looks to capitalize on the growing demand for its HCM solutions in the post-acute care space.
Gupta Bio/Background
Gupta has spent decades working in the healthcare and technology
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JP Morgan Healthcare 2024: 8 Hot Takes & Insights from Health Tech & Biotech CEOs
8 digital health and life sciences executives share their hot takes and insights from the recent annual JPM Healthcare Conference 2024
Virgil Bretz, co-founder and CEO of MacroHealth
“The annual JP Morgan Healthcare Conference is still one of the most efficient ways to meet with capital partners. Other conferences are increasingly attracting the investment community, such as HLTH, but none are as concentrated as JP Morgan. This conference is unusual in that meetings for small and middle
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Mastercard Unveils Virtual Cards to Streamline Healthcare Claim Settlements
What You Should Know:
- Mastercard, a global leader in payments, is pioneering a revolutionary solution using its cutting-edge virtual card technology.
- This first-of-its-kind initiative aims to streamline B2B claim settlements, replacing the clunky old system with a sleek, digital one. Partnering with leading financial institutions and health tech platforms like Remedinet in India, Mastercard is paving the way for a faster, more efficient future.
The Problem
The pain of slow and
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Hospital and Health System M&A in 2023: Financial Distress Drive Market Reorganization and Partnerships
What You Should Know:
Hospital and health system mergers and acquisitions activity in 2023 was driven by increased pressure on operations and finances, according to Kaufman Hall's latest analysis of healthcare transactions. The report reveals momentum around mergers and acquisitions continued throughout 2023 with 65 announced transactions, up from 53 in 2022. Financial distress was cited as a factor or was otherwise evident in 28% of announced transactions last year,
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Nuance DAX Copilot Integrates with Epic EHR for Automated Clinical Documentation
What You Should Know:
- Nuance® Communications, a Microsoft company announced Nuance® Dragon® Ambient eXperience™ Copilot (DAX Copilot) is now fully integrated into the Epic electronic health record (EHR).
- This AI-powered system automates clinical documentation, streamlines workflows, and empowers physicians to focus on what truly matters – their patients.
Transforming Healthcare Experiences with Automated Clinical Documentation
This industry-first integration is the result of a
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CMS Finalizes New Interoperability and Prior Authorization Rule
What You Should Know:
The Biden-Harris Administration has finalized a new rule that streamlines the prior authorization process and improves health data exchange across the healthcare system. The CMS Interoperability and Prior Authorization Final Rule (CMS-0057-F) represents a significant step towards reducing bureaucratic burdens, accelerating access to care, and fostering a more patient-centered healthcare experience.
Streamlining Prior Authorization
The rule tackles the often
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PointClickCare Acquires American HealthTech, Expands Senior Care Reach
What You Should Know:
- PointClickCare, a healthcare technology platform for senior care, has announced the acquisition of American HealthTech (AHT), a prominent provider of electronic health records (EHR) and related services for the post-acute care market. Financial details of the acquisition were not disclosed.
- The strategic move strengthens PointClickCare's position as a comprehensive care continuum solution and marks a significant step forward in their vision of transforming the
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