The recently proposed U.S. Cyber Trust Mark is a voluntary cybersecurity labeling program operated by the FCC. It will initially provide IoT manufacturers with a certification label that signifies their compliance with cybersecurity guidelines and best practices—while providing consumers with more confidence when purchasing internet-connected devices. While the program won’t be implemented until the end of 2024 at the earliest and, as currently proposed, will cover only consumer-grade IoT
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M&A: Surescripts Acquires Clinical Intelligence Company ActiveRADAR
What You Should Know:
- Surescripts, the leading health information network in the United States, has acquired ActiveRADAR, a clinical intelligence company focused on identifying therapeutic alternatives for prescriptions. Financial details of the acquisition were not disclosed.
- The acquisition is expected to have a positive impact on medication adherence, patient-provider engagement, and the overall patient experience by providing better alternatives and reducing waste and
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Prescribing Trends Surge: Wegovy & Ozempic Gain Popularity, Survey Shows
What You Should Know:
- Prescriptions for the popular weight loss drug Wegovy showed a six-fold increase between December 2022 and June 2023, according to a recent analysis of prescribing trends by DrFirst.
- Prescriptions for Ozempic, the lower-dose version for treating diabetes, increased by 65% during the same period among doctors on the DrFirst prescribing network.
- DrFirst's network includes over 350,000 prescribers across the U.S., including 260,000 doctors, who use their
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Cleveland Clinic Launches Quantum Innovation Catalyzer Program
What You Should Know:
The Cleveland Clinic announced the launch of its Quantum Innovation Catalyzer Program, a competitive program designed for startup companies aiming to explore quantum computing applications in healthcare and life sciences.
- Cleveland Clinic plans to select up to four early- and growth-stage life sciences and healthcare technology companies through a competitive application process.
How The Quantum Innovation Catalyzer Program Works
Awarded startups will
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Empatica Awarded New FDA Clearance for Cardiac Digital Biomarkers
What You Should Know:
- Empatica, a digital health and AI company, has obtained FDA 510(k) clearance for two new digital biomarkers, pulse rate, and respiratory rate, on its Empatica Health Monitoring Platform.
- This clearance expands the platform to include a total of six FDA-cleared digital biomarkers, out of the 128 digital measures supported, making it one of the most comprehensive solutions available for use in clinical trials.
- The Empatica Health Monitoring Platform comprises a
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1upHealth Announces Clinical Data Integration with Leading EHRs
What You Should Know:
- 1upHealth, a FHIR platform for claims and clinical data, has announced its latest software release, which includes improvements to its 1up Population Connect offering. This enhancement enables customers to query Fast Healthcare Interoperability Resources (FHIR) APIs from major Electronic Health Records (EHRs), making data access easier and reducing administrative burdens related to clinical data acquisition.
- 1up Population Connect streamlines the process of
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Videra Health Launches AI Digital Health Companion
What You Should Know:
- Videra Health has introduced Ava, an AI-powered digital health companion designed to improve patient engagement and care delivery for healthcare providers and payers.
- Videra Health's AI digital health companion aims to enhance patient compliance, awareness, and involvement in their own care, ultimately improving patient outcomes.
Ava: AI-Powered Digital Health Companion
The digital health companion utilizes large language models and machine learning
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Redox CEO Steps Down, Appoints Trip Hofer as New CEO
What You Should Know:
- Redox CEO and Co-Founder, Luke Bonney announced that he is stepping down as CEO and appointing Trip Hofer as the new CEO of Redox to lead the new phase of growth. Prior to joining Redox, Hofer most recently served as CEO of OptumHealth Behavioral Health Solutions and is the former CEO at AbleTo Inc.
- Bonney stated that the next phase of Redox would be better served by a new CEO with experience in the next stage of the company scaling. Additionally, he
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Generative AI Revolutionizing Digital Health Investment Strategies
What You Should Know:
- A significant 87% of digital health investors stated that generative AI solutions have influenced their investment strategies, with nearly 1 out of 5 respondents indicating that it is significantly affecting their strategy, according to the results of an online survey from GSR Ventures.
- GSR Ventures, an early-stage digital health investment firm with over $3.5B in assets under management, conducted an online poll in September 2023 with over 40
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Healthcare Staffing Shortages Take Toll on Revenue Cycle Management & Patient Engagement
What You Should Know:
- 100 percent of hospital and health system respondents stated that staffing shortages have significantly affected revenue cycle management (RCM) and patient engagement efforts, according to a new survey by Experian Health.
- A significant 69 percent of the surveyed healthcare executives responsible for RCM staffing foresee ongoing challenges in the long term.
Challenges Present Urgent Need for Solutions
The findings highlight the urgent need for
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