Today, cancer is the second leading cause of death in the United States. Sadly, cancer disparities exist, with racial/ethnic minority, low-income, and uninsured populations suffering the greatest burden. That’s why routine cancer screening is critical to addressing cancer disparities as they have the potential to greatly reduce both incidence and mortality rates. To address this, Federally qualified health centers (FQHCs) are funded by the Health Resources and Services Administration to provide
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IncludeHealth Secures $11M for Virtual Musculoskeletal Platform
What You Should Know:
- IncludeHealth, a provider of musculoskeletal technology solutions raises $11 million in a recent financing round led by CincyTech, with participation from Tamarind Hill and other investors.
- The company plans to use the funding to further expand MSK-OS™, the Company’s remote care platform powered by computer vision.
AI-Powered Virtual Physical Therapy
IncludeHealth partners with musculoskeletal providers to extend their reach beyond the clinic and unlock
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Home Healthcare Market is Expected to Reach $340.2B
What You Should Know:
- Home Healthcare market in terms of revenue was estimated to be worth $226 Billion in 2022 and is poised to reach $340.2 billion by 2027, growing at a CAGR of 8.5% from 2022 to 2027 according to a latest report published by MarketsandMarkets™.
- The report reveals growth in this market is mainly driven by rapid growth in the elderly population, and the rising incidence of chronic diseases.
Rising Demand for Home-Health Services & Solutions
The home
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Centura Health Acquires Utah Care Sites from Steward Health Care
What You Should Know:
Centura Health, one of its two joint operating sponsors, CommonSpirit Health, and Steward Health Care today announced an asset purchase agreement (APA) for CommonSpirit Health to acquire Steward’s Utah care sites, which include five hospitals, more than 35 medical group clinics, and a clinically integrated network of care providers.
As part of the acquisition, Centura Health will manage the five hospitals and their affiliated clinics which includes Davis Hospital and
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Quest Diagnostics Acquires NewYork-Presbyterian Lab Services Assets
What You Should Know:
- NewYork-Presbyterian today announced a strategic agreement with Quest Diagnostics, a provider of diagnostic information services to broaden access to quality, innovative laboratory services for the providers and patients of NewYork-Presbyterian primarily in New York as well as the Tri-State Area and beyond.
- Under a definitive agreement, Quest will acquire select assets of the laboratory services business of NewYork-Presbyterian. NewYork-Presbyterian will
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BenchSci Launches ‘Map’ of Biology Research Platform for Pharmaceutical Research
What You Should Know:
- BenchSci, a Canadian-based tech company and leader in AI solutions for drug discovery recently launches a Google-backed 'map' of biology research platform, ASCEND™ by BenchSci, to understand the underlying biology.
- The patented machine learning platform reads millions of published and previously hidden experiment external and internal data sources to create a map that allows scientists to more quickly (50% more) and accurately understand the biological
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Hexagon Bio Raises $77.3M to Expand Mining Microbial Genomes
What You Should Know:
Hexagon Bio, a biopharmaceutical company pioneering the discovery of medicines encoded in the global metagenome raises $77.3M in Series B financing and made key appointments to its leadership team. The round includes participation from existing investors, including The Column Group, Two Sigma Ventures, 8VC, and Nextech, participated in the Series B round, joined by additional new investors, including Canada Pension Plan Investment Board (CPP Investments).
- Hexagon’s
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Luna to Deliver In-Home Physical Therapy for AARP Members
What You Should Know:
- Luna, a provider of in-home physical therapy, announced that it has been chosen as the exclusive provider of in-home physical therapy for AARP members.
- Based on specialty, geography, schedule, and other factors, Luna will match AARP members with local therapists at the time and location of their choosing. For consistency of care, the same therapist will treat AARP members for the entirety of the treatment plan. Additionally, AARP members and therapists
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Wellstar Expands Enterprise Virtual Reality Training with Moth+Flame
What You Should Know:
- Wellstar Health System extends its partnership with Moth+Flame to further utilize its virtual reality (VR) training technology.
- The VR emotional intelligence training encourages Wellstar's employees to build composure and gain practical experience in a highly realistic scenario by navigating difficult conversations and testing resiliency in an emotionally charged environment.
- The experience helps Wellstar's workforce development
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GE HealthCare to Acquire Caption Health to Expand AI-Guided Ultrasounds
What You Should Know:
- GE HealthCare acquires Caption Health, Inc., a privately owned artificial intelligence (AI) healthcare leader that creates clinical applications to aid in early disease detection, using AI to assist in conducting ultrasound scans.
- The acquisition supports GE HealthCare’s $3B Ultrasound business by adding AI-enabled image guidance to ultrasound device portfolios. In addition, it aligns with strategy to deliver precision care and expands access to new ultrasound
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