What You Should Know:
- MedAvail Holdings, Inc.(“MedAvail”), an innovative technology-enabled pharmacy company, today announced it has entered into a definitive agreement with CVS Pharmacy, Inc., on behalf of itself and its subsidiaries and affiliates (“CVS”), for the sale of certain assets of MedAvail’s SpotRx pharmacies (the “CVS Transaction”).
- MedAvail has agreed to sell to CVS certain assets related to its SpotRx pharmacies located in Tucson and Phoenix, Arizona; Buena Park,
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Sharecare Launches VR Program to Bring Innovation to Exercise
What You Should Know:
- Digital health company Sharecare launches Get Active, a new virtual reality program to help employers encourage exercise among their workforces in a fun, approachable, and accessible way.
- In a pilot with its customer Lennar Corporation, one of the nation's leading homebuilders, Sharecare’s Get Active program for Meta Quest 2 yielded strong results for both healthy and high-risk Associates.
Lennar Pilot Program
In a pilot conducted in late 2022
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Exec Hires: Zocalo Health Appoints First-Ever Latina Chief Medical Officer
What You Should Know:
- Zócalo Health, a Latino-founded healthcare service designed for Latino patients, has announced today the appointment of Dr. Sarah Lopez as its Chief Medical Officer making her the first-ever Latina CMO.
- As Chief Medical Officer, Dr. Lopez will lead the expansion of Zócalo’s care model, growth of their clinical team, and the development of the company’s culturally aligned services.
Dr. Lopez Bio/Background
Prior to joining Zócalo Health, Dr. Lopez practiced
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Healthcare AI Transformation: 9 Executive Predictions to Watch in 2023
Piotr Orzechowski, Co-Founder and CEO of Infermedica
Innovation areas to watch: One of the exciting areas of applied machine learning recently is so-called Generative Tech. Some say it’s the biggest change to the Internet since crypto was invented. Generative Tech is developing at an unprecedented pace and many of us already had a chance to enjoy images created by OpenAI’s DALLE-E or content generated by GPT-3 language model. However real-world applications of generative tech in health are
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Dexcom Ventures Invests in MedCrypt’s Medical Device Cybersecurity Platform
What You Should Know:
- MedCrypt, the proactive cybersecurity solution provider for medical devices and manufacturers, will announce the close of a Series B extension round led by Dexcom Ventures, bringing the company's total to date to $36.4M.
- With support from three major investors, Johnson & Johnson Innovations, Intuitive Ventures, and Dexcom Ventures, MedCrypt continues to lead the way in developing cybersecurity technologies and infrastructure for life-saving medical
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Selux Receives FDA Clearance for its Rapid Antibiotic Susceptibility Test (AST) System
What You Should Know:
- Selux Diagnostics has been granted 510(k) clearance from the US FDA for its Next Generation Phenotyping (NGP) System — a rapid antibiotic susceptibility (AST) testing platform able to determine a bacteria’s susceptibility to a specific panel of antimicrobial agents.
- In vitro antimicrobial resistance test enables clinical labs to deliver targeted therapeutic results days faster than the current standard of care, clearing the path for personalized antibiotic
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Datavant Partners with Socially Determined to Optimize Social Risk on Patient Outcomes
What You Should Know:
- Socially Determined, the social risk analytics and data company partners with Datavant, a company helping organizations securely connect health data.
- The strategic partnership enables Socially Determined to provide curated, de-identified and linkable social risk data on the patient-level. This capability will empower life sciences organizations to comprehensively assess and systematically address the impact of social risk on health outcomes.
Why It
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SetPoint Medical Raises $80M to Advance Platform for Autoimmune Diseases
What You Should Know:
- Today, SetPoint Medical announced $80M in Series C equity and $65M led by new investors, Norwest Venture Partners and Viking Global Investors, with debt financing provided by Runway Growth Capital.
- The company is developing its novel platform for the treatment of chronic, inflammation-mediated autoimmune diseases and is initially focused on a potentially less immunosuppressive option for the treatment of rheumatoid arthritis (RA). More than 1.5 million people in
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AVIA Launches Nationwide Digital Health Marketplace
What You Should Know:
- AVIA just announced the launch of AVIA Marketplace, a vendor selection platform available for free. It provides a one-stop shop for hospital and health systems executives to research and select digital health solutions for their transformation journey. The AVIA Marketplace is the first step in a broader suite of offerings to help digital health companies bring the greatest capabilities to market—strengthening both sides of the ecosystem.
- The
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Sharecare Launches Virtual Model of its Medicare-Reimbursable Cardiac Rehab Program
What You Should Know:
- Sharecare, the digital health company that helps people manage all their health in one place, today announced Ornish Lifestyle Medicine by Sharecare, the company’s Intensive Cardiac Rehabilitation (ICR) program, is now available through a virtual delivery model.
- Reimbursable through Medicare and many commercial plans, Ornish Lifestyle Medicine by Sharecare is the first and only ICR program scientifically proven in randomized controlled trials to often reverse the
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