What You Should Know:
- IBM and Meta announced the launch of the AI Alliance, a newly formed group of leading organizations dedicated to fostering open innovation and open science in artificial intelligence with Cleveland Clinic as one of the over 50 Founding Members and Collaborators.
- Cleveland Clinic joins IBM, Meta, and other leading organizations in the Alliance's mission to advance responsible AI development and ensure that the benefits of AI are accessible to all.
Addressing AI
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CVS Rebrands Health Services Segment, Launches Model for Retail Pharmacy Reimbursement
What You Should Know:
- CVS Health today hosted its 2023 Investor Day, where the company outlined its strategy for driving reliable, diversified, and accelerating earnings growth while delivering superior care and value to millions of Americans.
- The company emphasized its commitment to leveraging its unique combination of assets to enhance its pharmacy and health care benefits businesses, expand its integrated care delivery offerings, and achieve sustainable financial
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Qualtrics and Epic Partner for Integrated Data-Driven Experience
What You Should Know:
- Qualtrics, the pioneer of experience management, and Epic, the leader in comprehensive health record (CHR) technology, have joined forces to revolutionize patient experience.
- The EHR integration will seamlessly weave patients' experience data from Qualtrics into their health information in Epic, empowering providers to deliver a more personalized and empathetic healthcare journey.
Uniting Patient Experience Data with Health Information
This EHR integration
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Withings Launches ScanWatch Nova: A Luxurious Health Scanner on Your Wrist
What You Should Know:
- Withings, the pioneer of hybrid smartwatches, unveils its latest innovation: ScanWatch Nova.
- This timepiece seamlessly blends cutting-edge health-tracking technology with exquisite diver-style aesthetics, making it the perfect companion for health-conscious individuals who appreciate luxury.
A Powerful Health Scan on Your Wrist
ScanWatch Nova boasts an array of health-focused features, including:
On-demand medical-grade ECG: Monitor your heart
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Absci and AstraZeneca Sign $247M Partnership for AI-Powered Drug Discovery to Fight Cancer
What You Should Know:
- Absci Corporation (ABSI), a pioneer in using generative AI to discover antibodies, and AstraZeneca, a global biopharmaceutical leader, announced a collaboration today to develop an AI-designed antibody for cancer.
- This partnership combines Absci's cutting-edge Integrated Drug Creation™ platform with AstraZeneca's oncology expertise, aiming to accelerate the discovery of a potential new cancer treatment.
Absci's AI Engine Takes the Lead
Absci will leverage
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Intuitive Ventures Closes $150M Fund to Fuel Revolution in Minimally Invasive Care
What You Should Know:
- Intuitive Ventures, an early-stage venture capital fund dedicated to reimagining minimally invasive care, announced the close of its second fund at $150M.
- The funding signifies their unwavering commitment to supporting visionary founders who are transforming healthcare through precision diagnostics, secure digital ecosystems, and improved access to coordinated care.
Building on a Strong Foundation
In 2020, Intuitive Ventures launched its inaugural fund of
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Potrero Medical Files for Chapter 11 Bankruptcy, Aims to Reorganize and Refocus on Patient Care
What You Should Know:
- Potrero Medical, Inc., a company developing innovative solutions for monitoring and improving kidney health, announced today it has filed for Chapter 11 bankruptcy.
- The restructuring process is expected to be completed within 75 days, according to the company. Potrero believes this strategic move will strengthen its financial footing and enable it to continue its mission of elevating patient care through innovative technologies.
Focusing on Patient-Centric
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RSNA23: AI-Powered Brain Scans May Aid in ADHD Diagnosis, Research Reveals
What You Should Know:
- Using artificial intelligence (AI) to analyze specialized brain MRI scans of adolescents with and without attention-deficit/hyperactivity disorder (ADHD), researchers found significant differences in nine brain white matter tracts in individuals with ADHD. The results of the study will be presented today at the annual meeting of the Radiological Society of North America (RSNA).
ADHD: A Common and Challenging Disorder
ADHD is a common neurodevelopmental disorder
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HFMA and FinThrive Launch Revenue Cycle Management Technology Adoption Model
What You Should Know:
- The Healthcare Financial Management Association (HFMA) has announced a strategic alliance with FinThrive, Inc., a healthcare revenue cycle management (RCM) software-as-a-service (SaaS) provider, to co-launch a peer-reviewed, five-stage Revenue Cycle Management Technology Adoption Model (RCMTAM).
- The RCMTAM is designed to help health systems leverage industry benchmarks to assess their current state of RCM technology maturity and build best-practice plans to
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Clover Health Exits CMS ACO REACH Program to Focus on Medicare Advantage
What You Should Know:
- Clover Health, a physician enablement company committed to bringing access to great healthcare to everyone on Medicare announced that it has delivered notice to the Centers for Medicare and Medicaid Services (“CMS”) that it will exit the CMS ACO REACH Program at the end of the 2023 performance year.
- Written notification will also be sent to all participating physicians in accordance with CMS requirements.
- The decision will have no impact on its ACO REACH
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