What You Should Know:
- Intuity Medical, Inc., a medical technology company committed to making it easier to live with diabetes, announced today that its POGO Automatic® Blood Glucose Monitoring (ABGM) system, featuring one-step testing, is now covered by Medicare Part B. This decision expands access to the innovative monitor for the 16.5 million seniors age 65 and up living with
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Walmart Shutters All 51 Health Centers, Telehealth Offering Citing “Escalating Operating Costs”
What You Should Know:
- Walmart announced today the difficult decision to close all 51 Walmart Health centers and discontinue its virtual care offering. This comes after five years of operation for the health centers.
- The company cited a "challenging reimbursement environment and escalating operating costs" as reasons for the closure. This highlights the difficulty of establishing a profitable healthcare business model, especially in the current environment.
Priority Shift on
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Kaiser Permanente to Deploy Innovaccer’s Healthcare AI Platform
What You Should Know:
- Innovaccer, a leading healthcare technology company, today announced its collaboration with Kaiser Permanente, America’s leading healthcare provider and nonprofit health plan.
- Kaiser Permanente will implement Innovaccer’s Healthcare AI Platform to support value-based care initiatives.
Empowering
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Walgreens Launches Specialty Pharmacy for Complex Conditions
What You Should Know:
- Walgreens, a leading pharmacy chain, is making a significant push into the specialty pharmacy market with the launch of "Walgreens Specialty Pharmacy."
- The new $25B initiative expands access to care for patients with complex, chronic conditions while driving profitability for the company.
Walgreens Specialty Pharmacy: A Holistic Approach
Walgreens Specialty Pharmacy aims to break down barriers within the healthcare system. By leveraging
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UnitedHealth Group Shutters Optum Virtual Care Business
What You Should Know:
- UnitedHealth Group, the parent company of the Optum health services division, announced the closure of its Optum Virtual Care business, Endpoints News first reports. Optum Virtual Care offered 24/7 access to virtual consultations with board-certified physicians and nurse practitioners across all 50 states.
- On April 18th, Optum Virtual Care employees were informed of the shutdown, with some reportedly having last days in July according to a Seeking
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FDB’s Targeted Medication Warnings Earn Epic’s Toolbox Designation
What You Should Know:
- FDB (First Databank), a leading provider of drug knowledge solutions for healthcare professionals, announced today that its FDB Targeted Medication Warnings™ has received the new Toolbox designation from Epic Systems Corporation.
- The recognition places FDB's solution within the Medication Dosing Decision Support Toolbox category of Epic's new Showroom, a platform allowing healthcare providers to access applications from third-party
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Blue Shield of California Expands Wellvolution Platform to Address Musculoskeletal Needs
What You Should Know:
- Blue Shield of California is expanding its popular digital health platform, Wellvolution, to offer comprehensive support for members experiencing musculoskeletal (MSK) issues.
- The expansion adds three new programs – SworkIt, Kaia, and Sword Health – to the existing suite of lifestyle medicine programs available on Wellvolution.
Wellvolution: A One-Stop Shop for Health Management
Developed in collaboration with Solera Health, Wellvolution empowers
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Ultrahuman Opens U.S. Manufacturing Facility for Wearable Rings
What You Should Know:
- With smart ring market leadership within its sights, Ultrahuman has today announced plans to open a manufacturing facility poised to accelerate its production capacity.
- The UltraFactory will be located in Indiana. It opens within the next six months and will be the launchpad for Ultrahuman’s next phase of growth.
Ultrahuman Sets Industry Benchmark with Launch of
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Lumeris Secures $100M to Expand Proven Value-Based Care Solutions
What You Should Know:
- St. Louis-based, privately held Lumeris announced the completion of a $100M equity capital raise.
- The funding round was led by Deerfield Management, a longstanding lender, and new investor Endeavor Health. Existing investors Kleiner Perkins, Sandbox Industries, BlueCross BlueShield Venture Partners and JDLinx
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ONC Releases Common Agreement V2.0, Paving the Way for TEFCA Exchange via FHIR
What You Should Know:
- The Office of the National Coordinator for Health Information Technology (ONC), along with The Sequoia Project, Inc., a Recognized Coordinating Entity (RCE), has released Common Agreement Version 2.0 (CA v2.0).
What is the Common Agreement?
The Common Agreement establishes a set of common rules and technical standards for secure health information exchange across different health information networks (HINs) and their users. This essentially creates a common
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