What You Should Know:
- UltraSight – an AI-powered micro-ultrasound company that is revolutionizing cardiac sonography to enable more accurate and timely clinical decisions – is now offering its services to the Israel Defense Forces (IDF). The device has FDA clearance and is now available in Israel, the UK, and the US.
- Many of the IDF soldiers will now have an ultrasound in their pocket. The PoCUS devices – powered by UltraSight’s software - deliver
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OrbiMed Secures $4.3B to Invest in Healthcare Startups Globally
What You Should Know:
- OrbiMed, a global healthcare investment firm raises $4.3B in commitments across its four investment funds: OrbiMed Private Investments IX, OrbiMed Asia Partners V and OrbiMed Royalty & Credit Opportunities IV.
- The $4.3B will be used to invest globally, from the seed stage for start-ups incubated by OrbiMed through growth capital opportunities. Investors in these new funds include a broad range of medical institutions, university endowments, foundations,
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Hospital Leaders: Workforce Shortages Persist Amid Stabilization
What You Should Know:
- Hospitals and health systems are seeing some signs of stabilization and margin improvement, but challenges around workforce, expenses and patient access persist according to Kaufman Hall’s 2023 State of Healthcare Performance Improvement report.
- Kaufman Hall experts expect that it will be a slow climb for hospitals to return to the 3-4% operating margins that help ensure long-term sustainability. While staffing and capacity issues have clear
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UnitedHealthcare, RUSH Health Form Medicare Advantage Relationship
What You Should Know:
- UnitedHealthcare and RUSH Health announced a new relationship that will give UnitedHealthcare Medicare Advantage plan members network access to all RUSH Health locations in Illinois for the first time, effective immediately.
- The multi-year agreement, effective Oct. 1, provides UnitedHealthcare Medicare Advantage plan members with enhanced access to quality care and provides a new option as they choose which health plan best meets their healthcare needs
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M&A: PicnicHealth Acquires Rare Disease Platform AllStripes
What You Should Know:
- Patient-centered health data company PicnicHealth today announced it has acquired AllStripes, a healthcare technology company dedicated to unlocking new treatments for people with rare diseases. Financial terms of the transaction are not disclosed.
- Founded in 2017, AllStripes has developed a technology platform that generates research-ready evidence to accelerate rare disease research and drug development, as well as a patient application that empowers
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DHA Awards Amwell & Leidos $180M Contract to Power Military Hybrid Care Program
What You Should Know:
- Amwell and Leidos have been awarded a “next-generation contract” by the U.S. Defense Health Agency (DHA) to deliver a hybrid care platform to power the DHA’s Digital First transformation. This initial 22-month contract is valued at up to $180M; the project will start at five initial sites followed by a phased enterprise-wide rollout.
- While this task order is for the first phase of the program, the DHA Digital First program will support the entire
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Exec Hires: Anumana Appoints Maulik Nanavaty as CEO
What You Should Know:
- Anumana, an nference portfolio company, announced it has appointed Maulik Nanavaty as chief executive officer (CEO) and member of the Board of Directors.
As CEO, Nanavaty will lead Anumana through a period of growth as the company begins deploying and commercializing its multi-indication ECG-AI platform technology.
- Anumana’s ECG-AI platform represents a breakthrough approach to ECG interpretation, enabling the identification of hidden
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6 Digital Health Executives Share Key Takeaways from HLTH23
We reached out to six digital health executives for their key takeaways and reflections from attending the recent HLTH23 conference.
Patches Seely MBA, BSN, RN, Executive Vice President of Clinical Solutions, Carenet Health
"The energy of everyone I connected with was very encouraging. These are difficult times in healthcare, but I often heard people saying, "I'm not sure how exactly we will partner, but let's figure it out." The collaborative atmosphere spurred productive conversations
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XRHealth Deploys VR Headsets in Israel to Assist Victims of Hamas Attacks
What You Should Know:
- XRHealth today announced that they are currently deploying hundreds of VR headsets in Israel to treat patients coping with anxiety, stress, and PTSD as a result of the recent Hamas attacks.
- The distribution of the headsets will span across 30 hospitals, nursing homes, assisted living facilities and mental health centers throughout Israel (including three Clalit hospitals).
Assisting Patients Coping with Anxiety, Stress, and PTSD
Just 48-hours
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DaVita, Google Cloud to Develop Customized Clinical OS to Transform Kidney Care
What You Should Know:
- DaVita Inc. and Google Cloud are teaming up to create a new clinical operating system that sets a foundation for streamlined kidney care for more than 200,000 DaVita patients.
- Built on Google Cloud infrastructure and utilizing AI and analytics tools co-developed by the two companies, DaVita's Center Without Walls (CWOW) is now live across the organization's 2,700+ dialysis centers nationwide.
- With the deployment, DaVita has moved from a
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