What You Should Know:
- Veradigm Inc. (NASDAQ: MDRX), a provider of healthcare data and technology solutions, announced it has made a $30M strategic investment in Holmusk, a global behavioral health real-world evidence company. The strategic investment builds on the strengths of each company to fuel innovation in behavioral health and create the evidence needed to move the field forward.
- In this new phase of the collaboration, cohorts of millions of behavioral
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Anumana Receives FDA Clearance for ECG-AI Algorithm to Detect Low Ejection Fraction
What You Should Know:
Today, Anumana, a nference portfolio company working in collaboration with Mayo Clinic, announced it has received its first 510(k) clearance from the U.S. FDA for its ECG-AI LEF algorithm.
- ECG-AI LEF is Anumana’s artificial intelligence (AI)-powered algorithm to detect low left ventricular ejection fraction, a significant early indicator of heart failure.
Anumana’s ECG-AI LEF Background
Developed in partnership with Mayo Clinic, Anumana’s
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Report: Hospital Financial Performance Stabilizing in 2023
What You Should Know:
- Hospital financial performance has stabilized in 2023 compared to last year, according to the latest National Hospital Flash Report from Kaufman Hall.
- The latest Hospital Flash Report finds the median calendar year-to-date (CYTD) operating margin index for hospitals was 1.1% in August, up from 0.9% in July. Margins are still below historical levels, though positive margins are becoming more frequent in 2023.
Some Relief for Hospitals Amid Inflationary
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Mayo Clinic, Phenomix Awarded First Patent for Obesity Phenotyping
What You Should Know:
- Phenomix Sciences, a precision medicine biotechnology company that brings data-driven precision medicine to obesity treatment, announced it has been awarded the first patent related to its obesity phenotyping technology.
- The patent (No. 11,740,247, titled “Methods and Materials for Assessing and Treating Obesity”) covers methods for treating obesity by identifying phenotypes through obesity analyte signatures and administering interventions, such
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Wheel Launches Next-Gen Virtual Care Platform
What You Should Know:
- Wheel, an Austin, TX-based virtual care platform empowering companies to deliver consumer-centric care, announced the next generation of its virtual care platform to help enterprise organizations build seamless care experiences.
- Wheel enables enterprise organizations looking to grow their virtual care offering, drive engagement and loyalty, and deliver high-quality virtual care at scale. In just three years, the company has delivered care to over four
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M&A: Tendo Acquires MDsave for $150M
What You Should Know:
- Tendo, a digital health company committed to creating seamless healthcare experiences for patients, clinicians, and caregivers announced it has acquired MDsave, a leading healthcare marketplace that democratizes care access for all for $150M
- The strategic acquisition extends Tendo’s platform and applications to include MDsave’s marketplace, enabling patients to easily seek, schedule, pay for, and manage healthcare with transparent pricing through one
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Sentara Expands Deployment of Regard’s AI Copilot Across Enterprise
What You Should Know:
- Sentara Health, one of the largest health systems in the mid-Atlantic and southeast expands its partnership with Regard, an AI-powered copilot that helps clinicians diagnose medical conditions.
- The expansion will provide clinician access to Regard's AI technology in all 12 of Sentara's hospitals, and automate clinician note-taking, improve diagnostic accuracy, elevate patient care, and optimize financial outcomes within the healthcare system.
Unlocks EHR
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M&A: Virgin Pulse and HealthComp Merge in $3B Deal
What You Should Know:
– Virgin Pulse, a global digital-first health, wellbeing, and navigation company announced its intent to merge with HealthComp, a next-generation benefits and analytics platform valued at $3B.
The blockbuster merger will create a technology and data-powered health platform-as-a-service organization poised to tackle some of the industry’s biggest challenges. Together, the combined entity will aim to improve health outcomes and lower costs for members and
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Augmedix Launches Gen AI Mobile App for Automated Medical Notes
What You Should Know:
- Augmedix, a provider of ambient medical documentation and data solutions, announced the early access release Augmedix Go, a clinician-controlled mobile app that uses generative AI to instantaneously create a fully automated draft medical note after each patient visit.
Augmedix Go harnesses proprietary natural language processing (NLP), large language models (LLMs), and structured data sets, key components of Augmedix’s tech stack. This powerful technology is
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Cartwheel Raises $20M to Tackle The Student Mental Health Crisis
What You Should Know:
- Cartwheel, a platform helping schools tackle the student mental health crisis by delivering affordable, evidence-based telehealth services with no waitlist raises $20M in Series A funding led by Menlo Ventures. Reach Capital joined the round, as did earlier investors General Catalyst, BoxGroup and Able Partners.
- The funding will allow Cartwheel to expand mental health services to hundreds of thousands of new students in
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