- Prudential Financial acquires insurtech startup Assurance IQ for a total upfront consideration of $2.35 billion, plus an additional earnout of up to $1.15 billion in cash and equity.
- Assurance will become a wholly-owned subsidiary of Prudential under the U.S. Businesses division.
- Assurance will add a large and rapidly growing direct-to-consumer channel to Prudential’s financial wellness businesses, significantly expanding the total addressable market of both
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Microsoft, Astrazeneca Launches AI Factory for Health Accelerator in Europe
- Microsoft and AstraZeneca are joining forces to launch the AI Factory for Health, a European accelerator for AI-focused digital health startups.
- The 3-month accelerator program is for startups that offer an innovative health solution based on artificial intelligence technology for patients or health professionals
- Created by Microsoft in partnership with the Inria laboratory, the AI Factory unites a community of startups dedicated to the development of innovative solutions based
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Livongo’s Q2’19 Revenue Reaches $41M, Up 156% Y-o-Y
- Livongo reports Q2 19 total revenue of $40.9 million, up 156% year-over-year- 192,934 enrolled Livongo for Diabetes Members, up 140% year-over-year with 38,170 new Livongo for Diabetes Members in Q2- Total Contract Value of $74.2 million, up from $24.8 million in the second quarter of 2018. Livongo Health, Inc. (NASDAQ: LVGO), an Applied Health Signals company empowering people with chronic conditions to live better and healthier lives, today announced financial results for its second quarter
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Withings Move ECG Smartwatch with Instant AFib Detection Debuts in Europe
- Withings Move ECG, the world’s first analog watch to record an electrocardiogram (ECG) on-demand, is now available in Europe, following CE marking for medical devices.
- Move ECG syncs automatically with the accompanying Health Mate app, which instantaneously classifies the user’s heart rhythm as AFib or normal sinus rhythm.
- Move ECG is available today at the price of €129.95/£129.95 at withings.com and main retail partners and works both on iOS and Android.
Withings Move ECG,
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BrightInsight Nabs $25M for Regulated IoT Platform for Biopharma and Medtech
- BrightInsight raises $25M in Series A funding co-led by New Leaf Venture Partners and Eclipse Ventures to further enhance the functionality of its BrightInsight Platform and accelerate global commercialization efforts.
- BrightInsight platform enables regulated drugs, devices and SaMDs to ingest and analyze data and deploy regulated recommendations and insights back to patients and providers
BrightInsight, San Jose, CA-based global regulated digital health platform for biopharma and
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OptimizeRx Acquires Digital Therapeutics Platform RMDY Health for $16M
- OptimizeRX acquires RMDY Health, a multipurpose digital therapeutics SaaS platform, for $16 million in cash and equity.
- Acquisition will enhance OptimizeRx existing digital platform with technology solutions tailored for digital therapeutics and extends offerings to SaaS-based patient engagement markets.
- RMDY will maintain its technology team in Tel Aviv, Israel, and U.S. based personnel and use the OptimizeRx New Jersey HQ.
OptimizeRx announced it will acquire RMDY
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Machine Learning Algorithm Can Predict Which Cardiac Patients Are High-Risk Post Discharge
- New Mayo Clinic peer-reviewed study shows Medial EarlySign’s machine learning algorithm can predict which cardiac patients are at high-risk following discharge.
- The analysis was based on electronic health records (EHR), demographics, and social data collected from a cohort of 11,709 unique Mayo Clinic patients who underwent 14,349 PCIs during 14,024 hospital admissions.
- The study suggests AI solution can be more effective than traditional models to identify patients at risk of
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Mercy Virtual Integrates With AI Health Monitoring Platform Myia Health
- Mercy Virtual integrates with intelligent health monitoring platform Myia Health to accelerate the adoption of new patient care and at-risk reimbursement models.
- Myia is a digital health platform that collects biometric data from curated sensors, including best in the market and over the counter, Apple and Fitbit.
- Mercy Ventures, Mercy’s corporate venture capital group leads $10M Series A funding investment in Myia to further strengthen the partnership.
Myia Health,
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Redox, FDB Partner to Enable Interoperability of Critical Patient Medication Information
Redox today announced it has partnered with FDB (First Databank, Inc.) to enable scalability and accessibility of critical patient medication information from FDB’s industry-leading SMART on FHIR® app, Meducation®, now listed in the Epic App Orchard.The Bigger PictureClinicians using Meducation to document a patient’s medication regimen access, generate and review Meducation content at various points within the workflow—including for bedside counseling and at discharge. Using Redox, clinicians
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Capital Rx Launches Clearinghouse Model to Bring Price Visibility to Prescription Drug Costs
Quick Glance- Capital Rx launches new innovative Clearinghouse Model, a new pricing framework that will itemize the actual unit cost for all drugs for the first time- The Clearinghouse Model will eliminate price variability for customers, ensuring that drug costs are the same for all customers.- Pharmacies in its retail network, which includes chains, like Walmart, Walgreens, to grocers and independent pharmacies, will be able to deliver the lowest prescription prices to customers.- While rising
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