What You Should Know:
- Flo Health, the world’s leading women’s health app raises $200M in Series C funding from General Atlantic. This investment propels Flo's valuation beyond $1B, marking a major milestone for the company and the femtech industry.
- The new funding will enable Flo to expand its user base, invest in research and development, and explore new opportunities in the women’s health market. The company plans to focus on expanding into perimenopause and menopause care,
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HHS Launches Reorganization, Renames ONC, Stronger Focus on AI, Cybersecurity, Data
What You Should Know:
- The U.S. Department of Health and Human Services (HHS) announced a significant reorganization aimed at enhancing its capabilities in technology, cybersecurity, and artificial intelligence (AI).
- This strategic move is designed to address the growing complexities and opportunities within the healthcare and human services landscape.
Key Changes and New Roles
Historically, responsibilities for technology, data, and AI policy were dispersed across
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Abridge, Mayo Clinic, and Epic Collaborate to Develop GenAI Solution for Nurses
What You Should Know:
- In a groundbreaking collaboration, Mayo Clinic, Epic, and Abridge are joining forces to develop a generative AI ambient documentation workflow specifically designed for nurses.
- The innovative solution leverages Abridge's cutting-edge generative AI technology and seamless integration with Epic's existing workflows to empower nurses and streamline their daily tasks.
Alleviate Clinician Burnout with Generative AI
Nursing workflows are
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Commure to Acquire Augmedix in $139M All-Cash Deal
What You Should Know:
- Augmedix (AUGX), a leader in AI-powered medical documentation and data solutions, is being acquired by healthcare technology provider Commure in an all-cash deal valued at approximately $139M. News of the acquisition brought Augmedix up by 150% at $2.27 at 10 am ET after closing at $0.92 on Thursday.
- Augmedix leverages AI technology to streamline medical documentation and data management for healthcare providers. Their platform uses ambient AI to
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Beebe Healthcare to Deploy Epic Enterprise EHR Across Network
What You Should Know:
- Beebe Healthcare, a comprehensive healthcare system serving Sussex County, Delaware, and the surrounding region announced a strategic partnership with Epic, a leading healthcare software company, to implement its enterprise electronic health record (EHR) system. This move aims to deliver a more seamless and integrated care experience for patients across Sussex County.
- Currently, Beebe Healthcare operates on separate EHR platforms for its Medical Group and
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Viome Launches the First Personalized Toothpaste that Supports Whole-Body Health Using Biotic Data & AI
What You Should Know:
- Viome, a leading provider of personalized microbiome health products and solutions, today unveiled its pioneering VRx MyBiotics Toothpaste & Gel to complete its Oral Health Solution system, setting a new standard for daily oral care and support overall health.
- This innovative product utilizes the unprecedented oral health insights from the Oral Health Intelligence™ Test (also available with Full Body Intelligence™) to create a personalized toothpaste formula
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HHS Proposes HTI-2 Rule to Enhance Healthcare Data Sharing and Interoperability
What You Should Know:
- The U.S. Department of Health and Human Services (HHS) has taken a significant step towards improving healthcare information exchange with the release of the Health Data, Technology, and Interoperability: Patient Engagement, Information Sharing, and Public Health Interoperability (HTI-2) proposed rule.
- The HTI-2 rule marks a major advancement in interoperability by focusing on seamless data exchange between patients, providers, payers, and public
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Stanford Medicine Launches AI-Powered Consult to Improve Clinical Decisions + Outcomes
What You Should Know:
- Stanford Medicine is revolutionizing the way community physicians deliver care with the launch of Patients Like Mine, a suite of services designed to equip them with the data and resources needed to provide high-quality, evidence-based treatment to their patients.
- By empowering community physicians with the tools and knowledge they need, this program has the potential to revolutionize healthcare delivery, ensuring high-quality, evidence-based care for
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Teladoc Health Announces Executive Leadership Change
What You Should Know:
- Teladoc Health, Inc. has announced a significant change in its executive leadership structure. Laizer Kornwasser, President of Enterprise Growth and Global Markets, has been terminated without cause as part of a reorganization of the company’s executive reporting structure. This change will take effect on July 1, 2024.
- Mr. Kornwasser, who has been with Teladoc since October 24, 2022, will remain with the company in an advisory capacity to the Chief Executive
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Former Outcome Health Execs Sentenced in $1B Fraud Scheme
What You Should Know:
- Three former executives of Outcome Health, a Chicago-based health tech startup, were sentenced for their roles in a massive fraud scheme that defrauded clients, lenders, and investors of an estimated $1B.
- The case was investigated by the FBI and FDIC-OIG with assistance from the U.S. Securities and Exchange Commission. The prosecution was handled by the Department of Justice's Criminal Division's Fraud Section and the U.S. Attorney's Office for the Northern
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