Precision oncology company Guardant Health, Inc., announced that it
has entered into a definitive agreement to acquire
Seattle-based Bellwether Bio, an
oncology startup developing next generation cancer diagnostics using cell-free
DNA. The acquisition is expected to close in April 2019. Financial terms of the
acquisition were not disclosed.
Bellwether Bio Background
Spun out of the University of Washington in 2016, Bellwether
Bio (formerly known as Haverhill Genetics) is developing
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CHLA Innovation Studio Launches Gamifying Pediatrics Hackathon
The Innovation Studio at Children’s Hospital Los Angeles (CHLA) is launching the first-ever Gamifying Pediatrics Hackathon taking place April 12-14, 2019 at BCG Digital Ventures (BCGDV), the global corporate venture and incubation arm of the Boston Consulting Group. By bringing together physicians and nurses on the front lines of pediatric medicine with engineers, developers, and experts in virtual reality (VR), augmented reality (AR) and gaming, the Hackathon’s aim is to encourage development,
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Mayo Clinic to Develop New Diagnostic Test Using Patients’ Breath to Detect Lung Cancer
Mayo Clinic Laboratories is teaming up with Breath Diagnostics to develop new clinical diagnostic tests that use patient breath samples to identify individual biomarkers that can predict a spectrum of diseases. The first collaboration will focus on a diagnostic test that detects lung cancer using patients' exhaled breath. Benefits of BiomarkersBiomarkers are measurable substances that help in predicting the severity of a disease or infection. Examples of a biomarker include an individual's pulse
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Allscripts Expands Relationship with Ephraim McDowell Health to Drive Patient Engagement
Allscripts FollowMyHealth announced a partnership with Ephraim McDowell Health on its enterprise and mobile patient engagement platform. FollowMyHealth offers a mobile, enterprise patient/consumer engagement platform for providers, hospitals and health systems who want to promote healthy patient populations and manage quality. Platform Approach BenefitsFollowMyHealth’s total connected patients hit over 17 million during 2018 with portal alone. With their expanded HealthGrid platform, that number
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Sharp Transitions Named $100k Winner of 2019 Hearst Health Prize
Hearst Health, in partnership with the Jefferson College of Population Health has namedSharp Transitions as the winner of the 2019 Hearst Health Prize for its home-based palliative care program for patients with advanced and progressive chronic illness who are not ready for hospice care. The $100k annual award was given at the Population Health Colloquium in Philadelphia today in recognition of outstanding achievement in managing/improving population health.
Why Sharp Transitions?
Sharp
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FHA and Caravan Health Partner to Sponsor Statewide Medicare ACO in Florida
Caravan Health and the Florida Hospital Association (FHA) have teamed up to sponsor a statewide accountable care organization (ACO) under which hospitals throughout the state will work together to provide coordinated, high-quality healthcare while delivering lower costs for patients.
Statewide ACO Model to Build Primary Care
Through the statewide ACO, hospitals in Florida can access Caravan Health's proven population health management model to build primary care capacity and
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Vereco Acquires CynergisTek’s Managed Print Services Business
Vereco, LLC, a provider of healthcare document services, today announced an asset acquisition of CynergisTek’s managed print services (MPS) business. CynergisTek is a provider of healthcare cybersecurity, privacy, and compliance. Vereco’s private equity partner, Stella Point Capital, invested additional equity to fund the transaction. Acquisition Plans for CynergisTekPost-acquisition, Vereco will have 230 employees operating in 49 states. The combined organization’s clients include more than 350
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Glens Falls Hospital Reaches Settlement with Cerner over $38M Billing Problems
Glens Falls Hospital has reached a settlement with Cerner over $38M in losses suffered when Cerner’s billing system malfunctioned in 2017 after going live in November 2016, according to The Post-Star. Glens Falls Hospital President and CEO Dianne Shugrue announced the settlement in an ad in The Post-Star. Shugrue did not provide financial details about the settlement with Cerner or when the settlement was reached.“As is customary in resolving business disputes, the terms are confidential. It was
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OSF Ventures Invests in LRVHealth’s $100M VC Fund as Limited Partner
OSF Ventures, the corporate investment arm of OSF HealthCare, is joining other health care systems and strategic investors from within the healthcare industry as a strategic limited partner (LP) in Boston-based LRVHealth's $100M "Inside Healthcare" venture capital fund. As part of LRVHealth’s collaborative innovation platform, OSF will help identify, create and invest in early-stage companies spanning healthcare IT, tech-enabled health services, medical devices, and diagnostics.
Why
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Unite Us Raises $35M for Care Coordination & Outcome Tracking Platform
Unite Us, an NYC-based care coordination and outcome tracking platform connecting healthcare and social service providers has raised $35 million in Series B funding. The funding round was led by Oak HC/FT, with participation from Town Hall Ventures and Define Ventures. Existing investors Scout Ventures, Luminate (part of The Omidyar Group) and New York Ventures. The latest round brings the company’s total funding to $45.3 million.
Comprehensively Addressing Social Determinants of
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