What You Should Know:
- The traditional approach to fostering biopharma growth is no longer sustainable, according to Accenture research and analysis. The new research reveals perspectives on the life sciences industry based on an extensive analysis of over 300 M&A deals made by the top 30 biopharma companies between 2010–2021.
- The analysis reveals multiple factors are eroding the sustainability of an inorganic growth strategy, such as rising costs of M&A,
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Most Healthcare Facilities Lack Holistic Digital Identity Strategy, Report Finds
What You Should Know:
- Healthcare facilities are struggling with implementing and enforcing holistic digital identity management strategies, according to the new Imprivata report released today titled, Security and Digital Identity in the Healthcare Industry.
- The findings show that despite 69% of respondents saying identity management is important to their organization’s security strategy, 51% have still experienced a security incident in the last year.
Healthcare Facilities Need a
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Merck Digital Sciences Studio Launches to Support Biomedical Startups
What You Should Know:
- Merck, today announced the launch of the Merck Digital Sciences Studio (MDSS) to enable the generation of innovative technologies for drug discovery and development.
- MDSS will support early-stage biomedical startups with direct investment, access to powerful Azure Cloud computing and opportunities to pilot their technologies in collaboration with discovery and clinical scientists at Merck.
MDSS Accelerator Program Focus
The MDSS is a collaboration between
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ITC Judge Finds Apple Infringed AliveCor Patents
What You Should Know:
- Today, an International Trade Commission (ITC) judge issued an Initial Determination that Apple infringed AliveCor’s valid patented technology – a finding that may result in a limited exclusion order that will prohibit the import of infringing Apple Watches into the United States.
- AliveCor initially filed its complaint with the ITC in April 2021, alleging that Apple infringed AliveCor’s
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Indegene Partners with Amwell to Customized Digital Patient Engagement
What You Should Know:
- Indegene, a technology-led healthcare solutions provider, today announced a partnership with Amwell to facilitate life sciences organizations to connect patients to better quality care and drive better health outcomes.
- This partnership will facilitate Indegene to enable life sciences organizations to drive virtual care automation and patient companionship to advance longitudinal care, behavioral health, and other specialty and chronic care segments. It will help
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ClearSky Health Expands Contract With Oracle Cerner
What You Should Know:
ClearSky Health, a network of inpatient rehabilitation facilities is expanding its contract an additional five years with Oracle Cerner to support nine additional facilities in the next 18 months with Oracle Cerner as their EHR supplier.
- The partnership to deliver increased continuity, helping clinicians understand a patient’s journey from admission to discharge.
Expanded Partnership Details
Through its five medical rehabilitation centers in New
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Olive Launches Autonomous Revenue Cycle (ARC) Suite
What You Should Know:
- Olive, the automation company creating the Internet of Healthcare, today launched its Autonomous Revenue Cycle (ARC), the company's flagship Revenue Cycle Management (RCM) suite of solutions.
- Olive's ARC is designed to handle tedious, time-consuming administrative tasks in the revenue cycle, allowing healthcare organizations to get paid quicker while reducing the risk of uncompensated care.
Automate the Revenue Cycle Management Process
Managing revenue
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Siemens Acquires Brightly for $1.57B to Enhance Built Infrastructure
What You Should Know:
- Siemens has acquired Brightly, an asset management software company used by many schools, governments, hospitals and manufacturers around the world for a purchase price of $1.575B.
- The acquisition will add Brightly’s well-established cloud-based capabilities across key sectors – education, public infrastructure, healthcare, and manufacturing – to Siemens’ digital and software know-how in buildings.
Brightly Software Background
Brightly Software is a leader
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Nomad Health Raises $105M to Expand Marketplace Beyond Travel Nurses
What You Should Know:
- Nomad Health, a leading digital marketplace for temporary healthcare jobs, today announced the closing of a $105M financing co-led by Adams Street Partners and Icon Ventures. New equity investor HealthQuest Capital committed the largest sum and was joined by existing investors Polaris Partners, .406 Ventures, AlleyCorp, and RRE Ventures, and new debt providers J.P. Morgan and Trinity Capital. This brings Nomad’s total funding to over $200M since its founding in
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TDS Acquires PrescribeWellness from Tabula Rasa HealthCare in $140M Deal
What You Should Know:
- Transaction Data Systems (TDS), the leader in pharmacy software solutions has acquired PrescribeWellness from Tabula Rasa HealthCare in a deal worth up to $140M.
- Further, TDS’s plans to accelerate product innovation will create solutions to further optimize pharmacy workflows, support real-time clinical interventions and expand patient engagement opportunities to clients.
Acquisition Benefits for TDS
TDS connects community pharmacies through its
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