What You Should Know:
- Kyruus Health, a care access platform, announced the appointment of Harshit Shah as Chief Technology Officer.
- In his role as CTO, Shah will oversee the engineering teams, spanning software development, infrastructure, security, and data management — while also helping to define the company’s future technology strategy.
Shah Bio/Background
Harshit Shah, with over 24 years of experience at technology giants like Amazon and Microsoft, as well as healthcare
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1upHealth Appoints Andrea Kowalski as Chief Product Officer
What You Should Know:
- Andrea Kowalski has been appointed as the Chief Product Officer at 1upHealth, the leading FHIR® platform provider for claims and clinical data.
- In her role, Kowalski will lead the company's product strategy, focusing on enhancing 1upHealth's offerings and strengthening its position as a leader in interoperability.
Kowalski Bio/Background
With over 15 years of experience in healthcare technology, Kowalski's background includes serving as SVP of Products for
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CDC Awards Truveta Real-World Data Contract to Study COVID, Maternal Health, Pediatric Care
What You Should Know:
- Truveta, a consortium of 30 health systems united in "Saving Lives with Data," has secured a significant partnership with the U.S. Centers for Disease Control and Prevention (CDC).
- This collaboration will leverage Truveta's vast repository of real-world healthcare data to empower CDC researchers in tackling pressing public health challenges, including COVID-19, maternal health, and pediatric care.
Unprecedented Data Access for COVID-19 Insights
Truveta will
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Invitae Sells Reproductive Health Assets to Natera for Up to $52.5M
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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