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MedTech Breakthrough Announces 2025 MedTech Breakthrough Award Winners

by Fred Pennic 05/08/2025 Leave a Comment

2019 MedTech Breakthrough Award Category Winners Announced

What You Should Know:  - MedTech Breakthrough, an independent market intelligence organization dedicated to recognizing top-tier companies, technologies, and products in the global health and medical technology sector, today proudly announced the winners of its 9th annual awards program.  - The 2025 awards highlight the groundbreaking technologies and companies that are spearheading innovation and exemplifying the best in digital health and medical technology solutions
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Osteoboost Launches First FDA-Cleared Prescription Wearable Nationwide to Combat Low Bone Density

by Fred Pennic 05/08/2025 Leave a Comment

Osteoboost Launches First FDA-Cleared Prescription Wearable Nationwide to Combat Low Bone Density

What You Should Know:  - Osteoboost Health announced the nationwide availability of Osteoboost, a groundbreaking prescription medical device. Osteoboost aims to provide hope for millions diagnosed with low bone density, helping to reduce the risk of fractures that can severely impact mobility and independence. - As the first and only FDA-cleared device of its kind for low bone density, Osteoboost introduces a novel, protective, and preventative approach to bone health, offering a new
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Blue Cross Blue Shield of Massachusetts Launches “CloseKnit” Virtual-First Primary Care Option

by Fred Pennic 05/08/2025 Leave a Comment

Blue Cross Blue Shield of Massachusetts Launches "CloseKnit" Virtual-First Primary Care Option

What You Should Know:  - Blue Cross Blue Shield of Massachusetts (“Blue Cross”) today announced the launch of CloseKnit, a new virtual-first primary care option designed to provide members with accessible and convenient health support.  - As part of their agreement, CloseKnit is actively participating in Blue Cross's value-based payment program, aligning with the insurer's commitment to quality and affordability while ensuring members receive timely primary care
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WeightWatchers Files for Bankruptcy to Eliminate $1.15B in Debt

by Jasmine Pennic 05/06/2025 Leave a Comment

WeightWatchers Files for Bankruptcy to Eliminate $1.15B in Debt

What You Should Know:  - WeightWatchers, today announced a significant financial reorganization transaction designed to strengthen its balance sheet, enhance investment in strategic growth areas, and continue serving its global member base.  - The move will see the Company eliminate $1.15B in debt, positioning WeightWatchers for sustained long-term growth and success. - WeightWatchers aims to accelerate its ongoing transformation plan. Key focus areas include innovating its
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‘Cranky Index’ Reveals EHR Alert Frustration Peaks Midweek, Highest Among Admin Staff

by Fred Pennic 05/05/2025 Leave a Comment

'Cranky Index' Reveals EHR Alert Frustration Peaks Midweek, Highest Among Admin Staff

What You Should Know:  - Amidst what it calls an "interruption crisis" in healthcare, Phrase Health released its first Cranky Index Report, analyzing millions of clinician comments on Electronic Health Record (EHR) alerts to pinpoint patterns of frustration and identify opportunities to improve clinician well-being and patient safety.  - The report, based on data from over 65 hospitals throughout 2024, suggests that poorly designed or implemented EHR alerts contribute
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KLAS: Epic Dominates 2024 EHR Market Share Amid Focus on Vendor Partnership; Oracle Health Sees Losses Despite Tech Advances

by Fred Pennic 05/05/2025 Leave a Comment

KLAS: Epic Dominates 2024 EHR Market Share Amid Focus on Vendor Partnership; Oracle Health Sees Losses Despite Tech Advances

What You Should Know:  - The strength of the vendor-customer partnership emerged as a critical factor influencing Electronic Health Record (EHR) purchasing decisions in the US acute care market during 2024, according to the latest report from KLAS Research.  - While overall purchasing energy cooled slightly compared to the previous year, large health systems continued to drive the majority of decisions, often favoring vendors perceived as strong partners who listen to feedback
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Madison Dearborn Partners to Acquire Significant Stake in NextGen Healthcare

by Fred Pennic 05/02/2025 Leave a Comment

Madison Dearborn Partners to Acquire Significant Stake in NextGen Healthcare

What You Should Know:  - Madison Dearborn Partners, LLC (MDP), a private equity firm, announced it has signed an agreement to acquire a significant ownership position in NextGen Healthcare, Inc., a provider of innovative healthcare technology and data solutions.  - Thoma Bravo, a software investment firm that acquired NextGen Healthcare in 2023, will retain a significant ownership stake. Both MDP and Thoma Bravo will partner with NextGen Healthcare’s management team to foster
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Wandercraft Begins Clinical Trials for Physical AI-Powered Personal Exoskeleton

by Fred Pennic 05/01/2025 Leave a Comment

Wandercraft Begins Clinical Trials for Physical AI-Powered Personal Exoskeleton

What You Should Know:  - Robotics startup Wandercraft has begun clinical trials for its new Personal Exoskeleton.  - Founded by Nicolas Simon, whose siblings face mobility challenges from Charcot-Marie-Tooth disease, Wandercraft aims to help individuals with spinal cord injuries, stroke, and other severe neuromuscular disorders stand and walk again using advanced robotics and artificial intelligence. From Rehabilitation Tool to Personal Mobility Wandercraft is already known
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Chipiron Secures $17M to Transform MRI Access with Portable Scanner

by Fred Pennic 04/30/2025 Leave a Comment

Chipiron Secures $17M to Transform MRI Access with Portable Scanner

What You Should Know:  - French deeptech startup Chipiron today announced it has raised $17M in a Series A funding round to finalize the development of its compact, affordable MRI system.  - Led by Blast, with participation from the EIC Fund and iXcore, and supported by public funding initiatives including France2030 and the EIC Accelerator, the investment aims to make highly accurate MRI technology accessible worldwide. Tackling MRI Accessibility Challenges Magnetic
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Abbott to Integrate FreeStyle Libre Glucose Data with Epic EHR

by Jasmine Pennic 04/30/2025 Leave a Comment

Abbott to Integrate FreeStyle Libre Glucose Data with Epic EHR

What You Should Know:  - Abbott, a provider of continuous glucose monitoring (CGM) biowearable technology, has announced a landmark agreement with Epic Systems, a major provider of electronic health records (EHR).  - The first-of-its-kind collaboration for Abbott will integrate patient glucose data from its leading FreeStyle Libre CGM systems directly into Epic's EHR platform across the United States. FreeStyle Libre Integration with Epic Aura The integration leverages
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Bayer Exits Radiology AI Market, Discontinuing Calantic and Blackford

Bayer Exits Radiology AI Market, Discontinuing Calantic and Blackford

Oracle Health Launches AI Center of Excellence for Healthcare

Oracle Health Launches AI Center of Excellence for Healthcare

Particle Health Addresses Integration to Epic Data Despite Dispute

US Court Allows Particle’s Antitrust Claims Against Epic to Proceed

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Epic Launches Comet: A New AI Platform to Predict Patient Health Journeys

Preparing for the ‘Big Beautiful Bill’: How Digitization Can Streamline Medicaid Eligibility & Social Care Delivery

Preparing for the ‘Big Beautiful Bill’: How Digitization Can Streamline Medicaid Eligibility & Social Care Delivery

Evernorth Health Services Invests $3.5B in Shields Health Solutions

Evernorth Health Services Invests $3.5B in Shields Health Solutions

KLAS Report: Oracle Health Faces Customer Losses and Declining Satisfaction

KLAS Report: Oracle Health Faces Customer Losses and Declining Satisfaction

Tempus AI Acquires Digital Pathology Leader Paige for $81.25M

M&A:Tempus AI Acquires Digital Pathology Leader Paige for $81.25M

Mira Launches Ultra4™, the First At-Home Hormone Monitor with Lab-Quality Insights

Femtech: Mira Launches Ultra4™, the First At-Home Hormone Monitor with Lab-Quality Insights

How Healthcare CIOs Can Solve the Unstructured Data Crisis and Reduce Storage Costs

How Healthcare CIOs Can Solve the Unstructured Data Crisis and Reduce Storage Costs

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