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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Al-Futtaim Partners with TytoCare to Expand Digital Health Services
What You Should Know:
- TytoCare, a global all-in-one modular device and examination platform for AI-powered, on-demand, remote medical exams, announced today its partnership with Al-Futtaim Electronic-Techserve, a group company of Al-Futtaim. The partnership with TytoCare will enable Al-Futtaim to broaden its reach across the healthcare spectrum, covering all touchpoints, from specialists to local clinics.
- Al-Futtaim Group is a large
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CVS Health, Uber Health Collaborate to Advance Health Equity in Communities Nationwide
What You Should Know:
- CVS Health (NYSE: CVS) announced a collaboration with Uber Health, Uber's healthcare arm, to provide free transportation through a new Health Zones initiative to people who need it most when seeking access to medical care, work, or educational programs.
- CVS Health and Uber Health will help eliminate a critical barrier to care and overall well-being transportation which can limit a person's ability to receive medical care, to get to work or to job training and can
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