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Olive Shutters Business After Sale to Waystar and Humata Health

by Fred Pennic 10/31/2023 Leave a Comment

Olive Secures $400M At A $4B Valuation to Support New Instant Claim Payment Solution

What You Should Know:  - Healthcare automation company Olive today announced it will shut down its business after selling its Clearinghouse and Patient Access business units to Waystar and its Prior Authorization business unit to Humata Health. Olive sold off its utilization management solution and business unit to Availity and business intelligence solution to BurstIQ earlier this year. - Founded in 2012, Olive is a developer of an artificial intelligence workforce, automated
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Clinician Shortage Worsens Primary Care Crisis, Experts Reveal

by Fred Pennic 10/27/2023 Leave a Comment

Clinician Shortage Worsens Primary Care Crisis, Experts Reveal

What You Should Know: – The U.S. has seen a consistent decline in primary care clinicians since 2014 due to fewer clinicians entering the workforce, increased rates of burnout and decreased direct patient care, according to the latest evidence report from the Primary Care Collaborative and Robert Graham Center. - The report, Health is Primary: Charting a Path to Equity and Sustainability reveals the United States has seen a
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The Future of Biomarker-Based Therapy for Mental Disorder Care

by Oded Kraft, Co-Founder & CEO of GrayMatters Health. 10/26/2023 Leave a Comment

The Future of Biomarker-Based Therapy for Mental Disorder Care

We are living in a mental health epidemic. An estimated 26 percent of Americans ages 18 and older – about one in four adults – suffer from a diagnosable mental disorder in a given year. Among mental disorders, cases of PTSD are on the rise. Roughly five percent of American adults suffer from PTSD in any given year and more than 13 million Americans reported PTSD in 2020 – most of whom are women. Standard PTSD treatments most often come in the form of pharmacotherapy or psychotherapy and include
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Israel Defense Forces to Utilize UltraSight’s PoCUS Devices in Combat

by Fred Pennic 10/24/2023 Leave a Comment

FDA Grants Clearance for UltraSight's AI Cardiac Ultrasound

What You Should Know: - UltraSight – an AI-powered micro-ultrasound company that is revolutionizing cardiac sonography to enable more accurate and timely clinical decisions – is now offering its services to the Israel Defense Forces (IDF). The device has FDA clearance and is now available in Israel, the UK, and the US. - Many of the IDF soldiers will now have an ultrasound in their pocket. The PoCUS devices – powered by UltraSight’s software - deliver
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6 Digital Health Executives Share Key Takeaways from HLTH23

by Fred Pennic 10/19/2023 Leave a Comment

HLTH23: 6 Digital Health Executives Share Key Takeaways

We reached out to six digital health executives for their key takeaways and reflections from attending the recent HLTH23 conference. Patches Seely MBA, BSN, RN, Executive Vice President of Clinical Solutions, Carenet Health "The energy of everyone I connected with was very encouraging. These are difficult times in healthcare, but I often heard people saying, "I'm not sure how exactly we will partner, but let's figure it out." The collaborative atmosphere spurred productive conversations
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HIMSS Appoints New Chief Financial Officer & General Counsel

by Fred Pennic 10/18/2023 Leave a Comment

HIMSS Appoints New Chief Financial Officer & General Counsel

What You Should Know:  - HIMSS announced it has appointed Elizabeth Slater Jasper as general counsel, and Anne Tuzik as its new chief financial officer.   - Jasper comes to HIMSS after serving for 14 years as the chief legal officer, general counsel and corporate secretary for the National Service Office for Nurse-Family Partnership and Child First, an organization that oversees the national replication of maternal, infant and mental health evidence-based
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Ozempic: From Diabetes Management to Potential Weight Loss Miracle

by George Kramb, CEO and co-founder of PatientPartner 10/16/2023 Leave a Comment

Ozempic: From Diabetes Management to Potential Weight Loss Miracle

You've probably heard about Ozempic, especially if you're one of the millions who regularly scroll through TikTok or browse other social media platforms. It's the drug that influencers are lauding as a revolutionary aid for weight loss, making it a hot topic of conversation.  While Ozempic was initially developed to manage Type 2 diabetes, its emerging potential for weight loss is captivating medical professionals and the public alike. How Ozempic Works: The Basics Ozempic is a
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Health M&A: Financial Distress Driving Q3 Healthcare Deals

by Fred Pennic 10/12/2023 Leave a Comment

Health M&A: Financial Distress Driving Q3 Healthcare Deals

What You Should Know:  - More than one-third of hospital and health system transactions announced in Q3 2023 involved a  party that cited financial distress as a transaction driver, according to Kaufman Hall’s latest mergers and acquisitions (M&A) report. The reports reveal third quarter M&A activity remained high with 18 announced transactions resulting in $8.2B in total transacted revenue. - Kaufman Hall experts say transaction activity is regaining momentum as hospitals,
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UnitedHealthcare Launches No Deductible Health Plan, Surest

by Fred Pennic 10/06/2023 Leave a Comment

UnitedHealthcare Launches No Deductible Health Plan, Surest

What Should Know:  - UnitedHealthcare has announced the Surest™ health plan leads to more preventive care, improves satisfaction and lowers costs for members and employers.   - UnitedHealthcare’s Surest, which eliminates deductibles and offers upfront pricing information to people in advance of treatment, helps members more frequently access preventive care services and lower out-of-pocket costs, according to recent data.  - Hundreds of employers with a combined
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M&A: Virgin Pulse and HealthComp Merge in $3B Deal

by Fred Pennic 09/27/2023 Leave a Comment

M&A: Virgin Pulse and HealthComp Merge in $3B Deal

What You Should Know:  – Virgin Pulse, a global digital-first health, wellbeing, and navigation company announced its intent to merge with HealthComp, a next-generation benefits and analytics platform valued at $3B.  The blockbuster merger will create a technology and data-powered health platform-as-a-service organization poised to tackle some of the industry’s biggest challenges. Together, the combined entity will aim to improve health outcomes and lower costs for members and
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Sword Acquires Headspace in All-Cash Deal Worth Up to $300M to Unify Physical and Mental AI Care

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M&A: Francisco Partners to Acquire Weave in $650M Take-Private Deal

Epic Launches One-Click Care Everywhere Diagnostic Image Exchange

Epic Launches One-Click Care Everywhere Diagnostic Image Exchange

Redesign Health Study: 71% of Health Systems Adopt an "Epic-First" AI Purchasing Strategy

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iRhythm to Acquire VitalConnect for $287.5M to Build Broad Cardiac Intelligence Platform

M&A: iRhythm to Acquire VitalConnect for $287.5M to Build Broad Cardiac Intelligence Platform

CB Insights Q2 2026 State of Digital Health Report: Fewest Deals in Over a Decade as Median Sizes Rise

CB Insights Q2 2026 State of Digital Health Report: Fewest Deals in Over a Decade as Median Sizes Rise

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Mount Sinai Medical Center Extends Epic’s Ambient AI to Inpatient Nursing

M&A: Tempus AI to Acquire Personalis for $1.5B to Expand Precision Oncology and MRD Monitoring

M&A: Tempus AI to Acquire Personalis for $1.5B to Expand Precision Oncology and MRD Monitoring

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Why Catholic Health Inked a $500M Care Alliance with GE HealthCare to Automate Outpatient Triage

Catholic Health Inks $500M Care Alliance with GE HealthCare to Automate Outpatient Triage

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