What You Should Know:
- Solera Health, a technology platform connecting individuals with personalized health solutions, today announced the expansion of its senior leadership team with four key appointments.
- The strategic move strengthens the company's commitment to innovation and growth as it continues to expand its reach and impact in the healthcare industry.
Executive Appointments
The new additions to the leadership team include:
Matthew Shilts, Chief Technology
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Robert F. Kennedy Jr. Confirmed as Secretary of Health and Human Services
What You Should Know:
- Robert F. Kennedy, Jr. today was sworn in as the 26th Secretary of the U.S. Department of Health and Human Services (HHS) in the Oval Office by Associate Justice of the Supreme Court Neil Gorsuch.
- As Secretary, Kennedy will oversee a vast department with a nearly $2 trillion budget, responsible for protecting the health and well-being of all Americans.
Education and Experience
Kennedy, the son of former Attorney General Robert F. Kennedy and nephew of
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Prenuvo Raises $120M to Expand Whole-Body MRI Screening
What You Should Know:
- Prenuvo, a provider of proactive whole-body MRI screening raises $120M in Series B funding round co-led by Forerunner Ventures, Left Lane Capital, and existing investor Felicis.
- The company has already achieved impressive growth, surpassing 110,000 members and providing over 1.4 million personalized health insights. This success is driven by Prenuvo's commitment to early detection and its innovative approach to whole-body MRI screening, which provides
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VA Dismisses Over 1,000 Employees in Efficiency Effort
What You Should Know:
- The Department of Veterans Affairs (VA) announced the dismissal of more than 1,000 employees as part of a Trump Administration initiative to streamline government agencies and improve efficiency.
- The dismissed employees are primarily non-bargaining unit probationary employees who have served less than one year in competitive service positions or less than two years in excepted service positions.
- The layoffs will “allegedly” save the
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Fay Secures $50M to Expand Access to Digital Nutritional Therapy
What You Should Know:
- Fay, a provider of digital nutritional therapy announced a $50M Series B funding round led by Goldman Sachs, valuing the company at $500 million.
- Existing investors General Catalyst and Forerunner also participated in the round, bringing Fay's total funding to $75M.
Personalized Nutrition and Lifestyle Counseling
Fay's mission is to revolutionize how people think and feel about food by connecting them with insurance-covered Registered Dietitians
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Montefiore Health System Selects AWS as Strategic Cloud Provider
What You Should Know:
- Montefiore Health System, a healthcare provider in New York announced a strategic collaboration with Amazon Web Services (AWS) to enhance its digital healthcare ecosystem and improve patient care.
- This initiative will leverage AWS's cloud capabilities to modernize Montefiore's technology infrastructure, enhance data security, and drive innovation in healthcare delivery.
Montefiore plans to transition a majority of its technology portfolio, including
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Candid Health Raises $52.5M for Autonomous Revenue Cycle Automation Platform
What You Should Know:
- Candid Health, a provider of autonomous revenue cycle automation solutions for healthcare providers raises $52.5M in a Series C funding round led by Oak HC/FT.
- The latest investment brings the company's total funding to $99.5M and plans to expand its customer relationships with multi-site provider groups across the United States.
AI-Powered Platform Reduces Administrative Costs and Improves Efficiency
Revenue cycle management (RCM) is a
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41% of Third-Party Breaches in 2024 Targeted Healthcare Orgs
What You Should Know:
- The healthcare industry continues to be the most heavily targeted sector, accounting for 41.2% of third-party breaches in 2024, according to new report from Black Kite.
- Black Kite’s sixth annual Third Party Breach Report reveals a concerning trend in cybersecurity: the rise of "silent breaches." These hidden vulnerabilities within interconnected ecosystems wreaked havoc across industries in 2024, with threat actors exploiting trusted vendor
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Survey: 83% of Clinical Data Abstractors Believe AI Can Reduce Clinician Workload
What You Should Know:
- Carta Healthcare, a provider of clinical data solutions, recently conducted a survey of clinical data abstractors to understand their perspectives on the use of AI in their profession.
- The results reveal a mix of optimism and concerns, highlighting the need for a balanced approach that combines AI's efficiency with human oversight to ensure data quality and accuracy.
The Need for Human-in-the-Loop AI
The survey results highlight the importance of
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Harrison.ai Secures $112M to Expand AI-Powered Medical Diagnostics
What You Should Know:
- Harrison.ai, a global healthtech company, today announced the completion of a $112M in Series C funding round co-led by Aware Super, ECP, and existing investor Horizons Ventures. New investors, including Australia's National Reconstruction Fund Corporation (NRFC), Ord Minnett, and Wollemi Capital Group, also participated, along with existing investors Blackbird Ventures and Alpha JWC Ventures. This brings Harrison.ai's total capital raised to date to over
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