What You Should Know:
- ChrysCapital, India's largest homegrown private equity (PE) firm, is reportedly exploring the sale of GeBBS Healthcare Solutions, a Los Angeles-based healthcare business process outsourcing (BPO) company.
- This comes roughly six years after ChrysCapital acquired GeBBS in 2018. The potential $1 billion valuation reflects a significant increase from the acquisition price in 2018. This transaction could signal ChrysCapital's strategy of entering a
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Butterfly Network Expands Maternal Health Initiative in Sub-Saharan Africa with “Siyakubona” Program
What You Should Know:
- Butterfly Network, a company specializing in portable ultrasound technology, has announced the second phase of its ambitious maternal health program in Sub-Saharan Africa. This initiative, titled "Siyakubona" (meaning "we see you" in Zulu), aims to improve access to critical prenatal care for women in South Africa.
- By increasing access to portable ultrasound technology and proper training, the Siyakubona program has the potential to significantly improve
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Whistleblower Calls for Action Against 22 Digital Health Providers After FTC Busts Monument Inc.
What You Should Know:
- Whistleblower Aid, a non-profit organization supporting whistleblowers, is urging the Federal Trade Commission (FTC) to take action against 22 additional digital health providers following the recent FTC case against Monument Inc. This action banned Monument Inc. from sharing user data with third-party advertisers, a violation of patient privacy.
- This case highlights the importance of protecting patient data in the digital health industry. Whistleblower
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Philips Respironics Reaches Final Agreement with US Regulators on Sleep Apnea Device Recall
What You Should Know:
- Philips Respironics, a subsidiary of Royal Philips, has finalized a consent decree with the US Department of Justice (DOJ) and Food and Drug Administration (FDA) to address issues raised during a 2021 inspection of a Philips facility in Pennsylvania.
- The agreement focuses on Philips Respironics' operations in the US, particularly regarding the recall of certain sleep and respiratory care devices.
- The company's focus will now be on completing remediation
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Almost 4 in 5 Physicians Employed By Hospitals, Health Systems, Corporate Entities
What You Should Know:
- A new study by Avalere commissioned by the Physicians Advocacy Institute (PAI) paints a clear picture: the landscape of US medical practice ownership is shifting dramatically. As of January 2024, a staggering 77.6% of US physicians are employed by hospitals, health systems, or corporate entities.
- The trend has been steadily increasing over the past five years, with over 44,000 practices acquired by these entities since 2019. Over 19,100 physicians left
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Osso VR Launches Immersive Medical Training App for Apple Vision Pro
What You Should Know:
- Osso VR, the leader in immersive procedural training launches Osso Health, a medical training app designed for Apple Vision Pro.
- Now available on the App Store, Osso Health leverages the power of Apple Vision Pro to create an optimized learning experience for healthcare professionals and patients alike.
Bringing the Operating Room to Life
Osso Health seamlessly blends digital content with the physical world, transporting users into a
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DeepScribe Now Available on AWS Marketplace for Streamlined Clinical Documentation
What You Should Know:
- DeepScribe, a leading company in ambient AI for clinical documentation, announced today the general availability of its platform on AWS Marketplace.
- By offering their platform on the AWS Marketplace, DeepScribe simplifies adoption for healthcare organizations seeking to leverage the power of AI for more efficient and accurate clinical documentation.
Simplified Acquisition for Healthcare Organizations
The AWS Marketplace listing offers
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VieCure Streamlines Cancer Care with Integrated E-Prescribing and Medication Management
What You Should Know:
- VieCure, a leading cancer care company, announced today that it's integrating DrFirst's e-prescribing and medication management solutions into its clinical decision support system.
- VieCure is a well-established point-of-care intelligence system specifically designed for community oncologists. Utilizing artificial intelligence (AI), patient data, and a comprehensive oncology knowledge base, VieCure generates personalized treatment plans for cancer
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J.D. Power Study: 32% of Health Insurance Websites & Apps Lack Basic Functionality
What You Should Know:
- A new study by J.D. Power reveals significant shortcomings in the digital experiences offered by health insurance providers in the United States.
- The J.D. Power U.S. Healthcare Digital Experience Study found that a surprising 42% of insured adults have encountered problems using their health insurance company's website or app in the past year.
Health Insurance Digital Tools Fall Short for Millions
The inaugural J.D. Power U.S. Healthcare Digital
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Physician Practices Struggle After Change Healthcare Cyberattack: Unpaid Claims, Staff Strain, and Potential Closures
What You Should Know:
- A recent American Medical Association (AMA) survey reveals the ongoing crippling effects of the Change Healthcare cyberattack on physician practices across the United States.
- The survey was conducted after UnitedHealth Group (UHG) said that claims would be flowing by the weekend of March 23. Despite UHG’s assurances, the attack, which began in February 2024, has disrupted claim processing and caused significant financial strain, jeopardizing patient
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