What You Should Know:
- Summus Global, a NYC-based virtual specialist platform, announced today the completion of a strategic investment round of $22 million, led by Danaher Corporation’s Co-founder and Executive Committee Chairman Mitchell Rales and the Glenstone Foundation.
- The funding follows a previous Series B funding round in 2021 by Sator Grove Holdings, Summus has now raised $50 million to expand its innovative specialty care platform.
On-Demand Access to Leading Medical
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Walmart, Health at Scale Launch Personalized Provider Recommendations to Employees, Families
What You Should Know:
- Today, Walmart and healthcare machine intelligence company Health at Scale announced a collaboration to provide personalized provider recommendations to Walmart employees and their families.
- The U.S. healthcare system drives life-determining decisions, like doctor referrals, based on reputation rankings and star ratings on Google. Health at Scale’s technology uses advanced AI and machine learning – developed by a leading team of engineers from MIT, Harvard,
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Omicron: Hospitals and Physicians Face High Expenses & Labor Shortages
What You Should Know:
- The nation’s hospitals, health systems, and physician groups closed the second year of the pandemic amid ballooning expenses exacerbated by nationwide labor shortages and global supply chain challenges. Many providers ended 2021 in a stronger financial position relative to the first year of COVID-19 in 2020, as they learned to better navigate pandemic volatility. Yet overall performance remains down compared to pre-pandemic levels,
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Alto Pharmacy Raises $200M to Expand Full-Service Pharmacy Delivery
What You Should Know:
- Alto Pharmacy (“Alto”), the leader in America’s rapidly expanding digital pharmacy market, raised approximately $200 million in an oversubscribed series E financing round led by returning investor Softbank Vision Fund.
Free hand-delivery to your door
Despite the pandemic, the retail pharmacy industry has been one of the slowest to use technology to improve the customer experience. Founded in 2015, Alto is a full-service pharmacy powered by a team of experts
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WoundZoom Digital Wound Management Joins Epic App Orchard Marketplace
What You Should Know:
- Perceptive Solutions, Inc., developer of WoundZoom Digital Wound Management, today announced its integration partnership with Epic and the availability of WoundZoom in the Epic App Orchard marketplace. The purpose of this partnership is to provide a seamless exchange of wound care data between WoundZoom and a facility's Epic EHR system.
- Perceptive Solutions joins the Epic App Orchard as a trusted integration partner so our customers can leverage the benefits of
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Pfizer, BioNTech Launches Clinical Trial for Omicron-Specific COVID-19 Vaccine
What You Should Know:
- Pfizer Inc. (NYSE: PFE) and BioNTech SE (Nasdaq: BNTX) announced the initiation of a clinical trial study to evaluate the safety, tolerability and immunogenicity of an Omicron-based vaccine candidate in healthy adults 18 through 55 years of age.
- The study will have three cohorts examining different regimens of the current Pfizer-BioNTech COVID-19 vaccine or an Omicron-based vaccine. The study will draw upon some participants from the companies’ Phase 3 COVID-19
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Philips Launches First At-Home, 12-Lead ECG Integrated Solution for Decentralized Clinical Trials
What You Should Know:
- Philips introduced the industry’s first full-service, at-home, 12-lead electrocardiogram (ECG) solution for use in decentralized clinical trials.
- The solution is the most advanced patient-centric ECG offering within the company’s cardiac monitoring portfolio, pairing data readings comparable to clinical, site-based ECGs with Philips leading cloud-based data collection and analysis services.
Patient Attrition Issues
Patient attrition is one of the biggest
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Recruitment Costs, Long Hiring Timelines Negatively Impact Healthcare Finance Teams
What You Should Know:
- AKASA, a developer of AI for healthcare operations, today released findings from a new survey highlighting the challenges hospitals and health systems are facing within the revenue cycle as the Great Resignation drives higher staff turnover, and skilled workers leave healthcare for higher-paying jobs in other industries like retail or logistics
- Commissioned by AKASA, the survey fielded responses from 514 chief financial officers and revenue cycle leaders at
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Critical Medical Device Risks Continue to Threaten Hospital Security & Patient Safety
What You Should Know:
- After a year of unprecedented ransomware attacks on hospitals and healthcare systems – and with healthcare now the #1 target for cybercriminals – critical medical device risks in hospital environments continue to leave hospitals and their patients vulnerable to cyber-attacks and data security issues.
- New data released by Cynerio, a leading provider of healthcare IoT cybersecurity and asset management, in its 2022 State of Healthcare IoT Device Security Report
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Biotricity Awarded FDA 510(k) Clearance for Cardiac Monitoring Device
What You Should Know:
- Biotricity, Inc. (NASDAQ:BTCY), a medical diagnostic and consumer healthcare technology company, today announced it has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for its Biotres Cardiac Monitoring Device, a three-lead device for ECG and arrhythmia monitoring that is intended for lower-risk patients.
- Most remote cardiac monitors are passive — they don’t record ECG and other cardiac data in real-time — and lack cross-compatibility
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