What You Should Know:
- While megadeals, trading multiples and overall deal values in the health services sector have not been immune to interest rate hikes and recessionary fears, PwC’s 2023 Health Services Deals Outlook report released recently forecasts a strong year ahead.
- Increasing transaction volumes and players embracing value-based care—coupled with large levels of corporate cash and private equity dry powder—are leading to continued expansion for deal volumes in 2023.
Trends
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59% of Employees Would Rather Speak To An App About Their Mental Health
What You Should Know:
- In October 2022, Wysa commissioned an independent survey of over 1000 American employees to get an in-depth look at the urgent state of mental health post-COVID. The results are staggering.
- There are serious debilitating mental health concerns that our workforces are silently struggling with, leading to impacted individual self-confidence and self-perception about their abilities and identity at work, which further leads to perceived low self-efficacy, leading to
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IT/Security Leaders Can No Longer Rely Solely on Perimeter Security
What You Should Know:
- Imprivata, the digital identity company for life- and mission-critical industries, today released new research that reveals over 91% of security leaders agree they can no longer rely solely on perimeter security to combat and respond to cyber threats, with 99% having experienced a cyberattack in the past year.
- The report outlines how healthcare, finance, manufacturing, pharmaceutical, and biotech organizations are approaching cyber and privacy
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Patient Financial Experience: 40% of Americans Confused by Medical Bills
What You Should Know:
- AKASA™, a developer of AI for healthcare operations, released findings from a new survey conducted on its behalf by YouGov.
- The survey findings highlight uncertainty looms among patients about what is included in a bill and if they can pay - two factors that drive the most confusion on medical bills. However, there are strategies healthcare organizations can take to be proactive and prevent billing surprises from trickling down to patients.
Understanding
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Pangea Biomed Adds $5M for its Multi-Cancer Response Predictor
What You Should Know:
- Pangea Biomed, the biotech company behind ENLIGHT, the multi-cancer response predictor improving the effectiveness of precision oncology, announced $5M in additional funding reaching a total seed round of $12M.
- The latest fundraising is led by angel investor Danny Tocatly and existing investor NFX, and will be used to expand US operations, drive commercial partnerships, and scale product offerings.
Expanding US Operations and Fostering Commercial
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83% of Patients Provided Duplicate Health Info at a Doctor’s Office
What You Should Know:
- New data from Carta Healthcare shows 83% of patients have had to provide the same health information or duplicate health information at a doctor’s office. 42% of Americans spend six minutes or more recounting past medical history at their doctor’s appointments due to a lack of integrated data processes.
- This data reveals the direct impacts of inefficient data collection within the healthcare system on patients as doctors are spending too much time inputting
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KLAS: Clinical Decision Support Point-of-Care Reference 2022
What You Should Know:
- CDS reference tools enable clinical users to follow standard treatment recommendations and more quickly and confidently make clinical decisions. However, tools that lack strong content, searchability, and EMR integration are not efficient for point-of-care workflows and can frustrate users, especially those already experiencing burnout.
- To understand the customer experience and how each solution is being adopted, a new report by KLAS draws on feedback from a
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Half of Infusion Centers Struggling to Keep Up with Demand
What You Should Know:
- LeanTaaS, Inc., an AI-based predictive and prescriptive analytics company in healthcare operations, today announced its The State of Cancer Centers in 2022 Special Report, stemming from a survey conducted in partnership with The Association of Community Cancer Centers (ACCC) in mid-2022.
- With responses from nearly 100 cancer center leaders, hailing from hospitals and health systems across the country, the survey focuses on the operational challenges that infusion
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Ibex Study Finds AI Highly Accurate in Cancer Identification
What You Should Know:
- The latest study from Ibex Medical Analytics and the Institut Curie, published in Nature, demonstrates how AI implementation across pathology labs can significantly improve the outcome of cancer care.
- The study analyzed Ibex’s AI-based quality control solution for breast biopsy review on over 15,000 slides over a diverse cohort. The study found the AI algorithm achieved high accuracy in identifying various types of cancer and 51 different morphological features of
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ShareWell Launches Free Peer Support Training Program to Help Combat America’s Mental Health Crisis
What You Should Know:
- ShareWell, the first peer support platform connecting people overcoming similar life challenges to find support, healing and connection, today announced the launch of its free digital peer support training program.
- The 10-hour training program was created in partnership with two therapists, a counselor and an executive coach and is designed to educate peer support hosts on how to help others with mental health struggles, while also aiding in self-healing by
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