What You Should Know:
- 23andMe, a human genetics and biotechnology company, has announced its decision to initiate voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the Eastern District of Missouri.
- The bankruptcy filing is aimed at facilitating a structured sale process to maximize the value of its business. The company has assured its customers that operations will continue as normal and that there will be no changes to the way customer data is stored,
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1 in 7 Americans Now Live in a Pharmacy Desert, GoodRx Reveals
What You Should Know:
A silent crisis is unfolding across the United States, as pharmacy deserts proliferate, leaving millions of Americans without convenient access to essential medications and vital healthcare services, according to new data from GoodRx.
- The expanding problem is not merely an inconvenience; it represents a significant threat to public health, exacerbating existing health disparities and straining an already burdened healthcare system.
Defining Pharmacy
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VA’s EHR Modernization Faces Turbulence Amid Contract Cancellations and Deployment Acceleration
What You Should Know:
- The Department of Veterans Affairs (VA) is navigating a complex landscape as it seeks to accelerate the rollout of its new Electronic Health Record (EHR) system from Oracle Cerner, while simultaneously cutting ties with numerous support contractors, Federal News Network first reports.
- The VA's recent mass cancellation of contracts, including those with at least six service-disabled, veteran-owned small businesses supporting the EHR modernization, has
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Aledade Expands Humana Value-Based Care Agreement to Serve FQHCs
What You Should Know:
- Aledade has announced an expanded collaboration with Humana, designed to bolster the ability of Federally Qualified Health Centers (FQHCs) and rural health clinics to succeed in value-based care.
- The enhanced partnership aims to improve health outcomes, enhance quality of life, and increase healthcare affordability and accessibility for patients.
Empower FQHCs and Rural Clinics in Value-Based Care
By providing upfront resources, comprehensive
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Digital Health Adoption Trends by Each Generation: From Gen Z to Boomers
What You Should Know:
- Digital health is rapidly moving into the mainstream, from Super Bowl commercials to new features in popular consumer products. A recent survey reveals that 58% of Americans used virtual care in the past year, although this represents a slight decrease (5 percentage points) compared to 2023. Wearable devices and connected devices are also increasingly common, with 53% of consumers owning at least one, and 54% using them to track health metrics
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Digital Musculoskeletal Care Hinge Health Files for IPO
What You Should Know:
- Hinge Health, a digital healthcare company, has announced that it has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO) of its Class A common stock.
- Hinge Health intends to list its Class A common stock on the New York Stock Exchange under the ticker symbol "HNGE."
- Morgan Stanley, Barclays, and BofA Securities are acting as lead book-running managers for the proposed
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PE Firm Sycamore Partners Acquires Walgreens in $23.7B Deal
What You Should Know:
- Walgreens Boots Alliance (WBA) has announced a definitive agreement to be acquired by an entity affiliated with Sycamore Partners, a private equity firm specializing in retail, consumer, and distribution-related investments.
- The total value of the transaction is estimated to be up to $23.7B.
Deal Structure and Shareholder Value
WBA shareholders will receive $11.45 per share in cash at closing, along with a non-transferable right (DAP Right) to
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Latitude Health Launches AI-Native Utilization Management Solution
What You Should Know:
- Latitude Health, a San Francisco, CA-based company is emerging out of stealth with the launch of its AI-driven utilization management designed to eliminate inefficiencies, reduce costs, and improve patient outcomes.
- Backed by Redesign Health, Latitude Health's commitment to improving healthcare is deeply rooted in the personal experiences of its industry veteran co-founders, Chuck Feerick and Guru Nadiger.
AI-Powered UM Designed with
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25 Key Trends Expected to Dominate HIMSS25 from Executives
The Healthcare Information and Management Systems Society (HIMSS) annual conference is upon us, and this year, the spotlight is firmly on AI. From automating administrative tasks to revolutionizing diagnostics and treatment, AI is poised to reshape the healthcare landscape in 2025. We've gathered insights from leading healthcare executives and innovators to provide a glimpse into the key trends and discussions expected to dominate HIMSS25.
Michael Poku, MD, chief clinical officer at
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California’s H5N1 Emergency Declaration Highlights Need for an Urgent National Response to Avian Flu
The H5N1 virus is spreading so rapidly among cattle in California that Gavin Newsom declared a state of emergency. Sick cattle not only produce less milk, but their milk is also infected with the virus, so it cannot be sold. The US Federal government will only partially reimburse dairy producers for the losses they incur when infected cattle are removed from the herd.
The damage to the poultry industry has been even more catastrophic because while H5N1 does kill a small number of cattle
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