What You Should Know:
- Boston Scientific Corporation (NYSE: BSX) announced a definitive agreement to acquire Silk Road Medical, Inc. (Nasdaq: SILK) for approximately $1.16 billion ($27.50 per share). Silk Road Medical is a leading innovator in minimally invasive stroke prevention technologies for patients with carotid artery disease.
- The acquisition strengthens Boston Scientific's position in the vascular medicine field, offering physicians a broader range of solutions for
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Alarming Nurse Shortage Threatens Healthcare System, But Solutions Emerge
What You Should Know:
- A new report by Incredible Health, the leading platform for connecting nurses with healthcare employers, paints a concerning picture of the American healthcare system. The report, titled "2024 Healthcare Executive Report," reveals a crisis brewing – a deepening shortage of nurses that threatens patient care.
- The US healthcare system is projected to face a staggering shortage of 1 million nurses by 2030. This alarming gap stems from a growing patient
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Hospital Leaders Grapple with Workforce Shortages, Tech Risks, and Financial Pressures: FTI Consulting Survey
What You Should Know:
- FTI Consulting's inaugural Hospital Operations Outlook Survey paints a picture of a healthcare industry navigating a complex post-pandemic environment. While hospitals strive to meet the evolving needs of patients and communities, they grapple with significant challenges, including workforce shortages, financial pressures, and the ever-present threat of cyberattacks.
- The FTI Consulting survey unveils the multifaceted challenges and opportunities facing
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Telepsychiatry Practice Talkiatry Secures $130M to Expand Value-Based Mental Healthcare Model
What You Should Know:
- Talkiatry, a leading provider of high-quality, in-network psychiatric care raises $130M led by Andreessen Horowitz (a16z) with participation from Perceptive Advisors and debt financing from Banc of California.
- Talkiatry boasts in-network status with over 60 health plans, including major insurers like Aetna, Blue Cross Blue Shield, and United Healthcare. This covers over 70% of commercially insured individuals in the US.
- With this new
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Salesforce Launches AI-Powered Life Sciences Cloud for Pharma and MedTech
What You Should Know:
- Salesforce announced the general availability of Life Sciences Cloud, a platform for pharmaceutical (pharma) and medical technology (medtech) organizations to help personalize patient and healthcare professional (HCP) engagement and streamline clinical operations with data, automation, and trusted AI.
- By harnessing the power of AI and automation, it empowers pharma and medtech companies to streamline operations, improve patient care, and ultimately
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Healthcare Leaders Embrace Virtual Care and AI to Combat Staffing Crisis: Philips Future Health Index 2024
What You Should Know:
- A new report by Philips, the Future Health Index 2024, paints a concerning picture of the healthcare industry struggling with significant staffing shortages.
- The report, based on a survey of 3,000 healthcare leaders across 14 countries, reveals how this crisis is impacting both staff and patients.
Burnout and Backlogs: The Human Cost of Staff Shortages
The report reveals a concerning trend - nearly two-thirds (66%) of healthcare leaders report
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Color and Carrum Health Partner for End-to-End Cancer Care
What You Should Know:
- Color Health, a leader in comprehensive cancer care, and Carrum Health, known for their value-based cancer treatment programs form a startegic partnership to offer employers an end-to-end cancer program.
- By providing a seamless, cost-effective, and patient-centric experience, the end-to-end cancer program empowers employers to combat rising cancer rates and improve the overall health and well-being of their workforce.
The Deadly Reality of
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OpenAI, Color Health Launch Cancer Copilot Tool To Expedite Cancer Treatment
What You Should Know:
- Cancer – the second leading cause of death in the United States – is a complex disease requiring timely diagnosis and treatment. Delays in either can significantly impact patient outcomes.
- Color Health, a company dedicated to improving access to healthcare, has partnered with OpenAI to pioneer a new solution: the copilot application. This innovative tool utilizes artificial intelligence (AI) to streamline cancer care and expedite treatment plans.
A
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3 Ways AI Can Reduce Relapse Rates in Behavioral Health
What You Should Know:
- Relapse rates in behavioral health treatment are a persistent hurdle. Up to 80% of people with substance use disorders will relapse at some point, causing discouragement for both patients and providers. However, a new weapon is emerging in the fight for sustained recovery: Artificial Intelligence (AI).
Early Intervention: Catching Relapse Before it Starts
Videra Health, an AI-powered mental health assessment platform, highlights how AI can play a crucial
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Payers: Digital Health Investments Increase Member Satisfaction
What You Should Know:
- The healthcare landscape is undergoing a significant transformation driven by advancements in digital health technology. A recent EY Health Pulse Survey reveals a wave of positive changes, with members experiencing greater control, easier access to information, and improved satisfaction thanks to these advancements.
- With a focus on personalization, empowered patients, and data-driven decision-making, digital health tools are revolutionizing the
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