What You Should Know:
- Researchers at the Icahn School of Medicine at Mount Sinai and the University of California San Diego have been awarded an $8.5 million grant to create a data integration hub aimed at accelerating novel therapeutics and cures for diseases within initiatives supported by the National Institutes of Health (NIH) Common Fund.
- NIH Common Fund programs are large-scale projects designed to collect cutting-edge biomedical research data from human cells, tissues, and
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Health M&A: Financial Distress Driving Q3 Healthcare Deals
What You Should Know:
- More than one-third of hospital and health system transactions announced in Q3 2023 involved a party that cited financial distress as a transaction driver, according to Kaufman Hall’s latest mergers and acquisitions (M&A) report. The reports reveal third quarter M&A activity remained high with 18 announced transactions resulting in $8.2B in total transacted revenue.
- Kaufman Hall experts say transaction activity is regaining momentum as hospitals,
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Rev Cycle M&A: Access Healthcare Acquires Envera Health
What You Should Know:
- Access Healthcare, a provider of revenue cycle management (RCM) and healthcare services, announced the acquisition of Envera Health, a market leader in patient engagement services.
- This acquisition, a testament to Access Healthcare’s focus on providing innovative and superior revenue cycle solutions, broadens its service portfolio to include enhanced patient engagement capabilities.
Acquisition Stregthens Access Healthcare’s RCM Services
By
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Walmart Expands Virtual Primary Care to Associates & Families
What You Should Know:
- Walmart announced it is expanding virtual primary care, building on the traditional telehealth service for occasional sick visits for Walmart associates and their families.
- As part of this expansion, virtual care options for digestive health and physical therapy will also be available, including some basic at-home lab work early next year. Most virtual health care benefits are available at no cost to associates and their families ($0
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Amwell Expands to South Africa with Digital Mental Health Benefit
What You Should Know:
- Amwell forms a strategic partnership with Discovery Health, a health insurance administrator, which will introduce the first-ever digital therapeutic benefits funded by a health insurer in South Africa.
- As part of the collaboration, clinicians are now able to prescribe SilverCloud by Amwell, a clinically validated, evidence-based and affordable digital mental healthcare platform, to Discovery Health members.
Benefit Offering Expands Access to
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Emory Healthcare Joins Graphite as Governing Member to Advance Digital Health Innovation
What You Should Know:
- Graphite, a software company developing the first comprehensive digital ecosystem for the frictionless exchange of health data, plans to add Emory Healthcare as its newest member.
- Pending negotiations of definitive agreements, Emory Healthcare intends to affiliate with Graphite as a Governing Member, joining the four founding health systems already dedicated to creating a common language for digital health.
Graphite Background
Graphite is a provider-led
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Butterfly Introduces Two Ultrasound Education Offerings
Butterfly Network, Inc., a digital health company transforming care through the power of portable, semiconductor-based ultrasound technology and intuitive software, today announced the addition of two new ultrasound education offerings that will complete its full suite of education products. The new offerings will include:
- Butterfly Certified™, a complete set of virtual and in-person POCUS courses designed to meet local training or privileging requirements, delivered in partnership with
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Cedars-Sinai Expands Virtual Healthcare for California Patients Via App
What You Should Know:
- Cedars-Sinai announced the expansion of virtual healthcare for patients in California through a new mobile app that allows individuals to quickly and easily access Cedars-Sinai experts for sick, chronic, and preventive care.
- Through the new virtual healthcare option Cedars-Sinai Connect, healthcare professionals are available 24/7 for urgent issues, and same-day appointments are accessible for primary care—reducing wait times for those seeking medical
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M&A: Evernorth Health Acquires Bright.md Technology Platform
What You Should Know:
- Today at HLTH, Evernorth Health Services announced the acquisition of technology and clinical capabilities of Bright.md, a leader in asynchronous care, triage, and healthcare navigation services to enhance MDLIVE’s virtual care
- By using asynchronous technologies to allow patients to initiate care on their terms, without the need for real-time clinician interactions, the integration provides patients with convenient access to care while reducing costs and
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Philips Launches New Interoperability Capabilities for Comprehensive Patient View
What You Should Know:
- Royal Philips, a global leader in health technology, has announced the interoperability of Philips Capsule Medical Device Information Platform (MDIP) with Philips Patient Information Center iX (PIC iX), providing hospitals with a first-of-its-kind, comprehensive patient overview.
- Interoperability between MDIP and PIC iX gives clinicians a new clinical perspective that enables the capture of streaming data flowing freely from a variety of medical device
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