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Best Buy Acquires Care-At-Home Platform Current Health – M&A

by Fred Pennic 10/12/2021 Leave a Comment

Current Health Lands $43M to Support Global Expansion of Remote Care Management Platform

What You Should Know: - Best Buy, today announced it has signed an agreement to acquire Boston-based Current Health, an enterprise care-at-home technology platform that brings together remote patient monitoring, telehealth, and patient engagement into a single solution for healthcare organizations. Financial details of the acquisition were not disclosed.  Founded in 2015, Current Health’s enterprise care-at-home platform enables healthcare organizations to deliver high-quality,
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Virgin Pulse to Acquire Welltok to Enhance Health Activation: 5 Things to Know

by Fred Pennic 10/07/2021 Leave a Comment

Virgin Pulse to Acquire Welltok to Enhance Health Activation: 5 Things to Know

 Virgin Pulse, a global provider of tech-enabled wellbeing solutions, today announced its intent to acquire Denver-based consumer activation company, Welltok, a leader in data analytics-based targeting and multi-channel outreach solutions. Here are five things to know about the acquisition: 1. The Welltok acquisition will accelerate Virgin Pulse's ability to serve substantially more clients, consumers, patients and members across the full healthcare continuum – employer, health plans
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3 Ways Digital Health is Transforming Decentralized Clinical Trials

by Michael Delisle, VP, Practice Leader for Digital Health 09/29/2021 Leave a Comment

3 Ways Digital Health is Transforming Decentralized Clinical Trials

Decentralized Clinical Trials (DCTs) have been gaining steam over the last decade, but it was the COVID-19 pandemic that cast its advantages into the limelight. Sponsors benefit by creating efficiencies virtually throughout drug discovery, research, and treatment phases. However, the greatest long-term benefactors will ultimately be the patients.  Many aspects of traditional clinical trials are inconvenient for potential candidates, including the commute distance to trial sites, time
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Flywheel Acquires Radiologics, Raises $22M for Biomedical Research Platform

by Fred Pennic 09/16/2021 Leave a Comment

Flywheel Acquires Radiologics , Raises $22M for Biomedical Research Platform

What You Should Know: - Flywheel, a biomedical research data management platform, announced the acquisition of St. Louis-based Radiologics. The two organizations’ combined capabilities in imaging research data management and analytics provide the medical research community unrivaled end-to-end research workflow solutions—from open source to global enterprise. - In addition, the company announced a $22M Series C funding round led by 8VC with participation from investors iSelect, Argonautic
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Intermountain and SCL Health Announce Merger to Form 33-Hopsital System

by Fred Pennic 09/16/2021 Leave a Comment

Intermountain Closes 25 Retail Pharmacies & Transition to CVS Pharmacy

What You Should Know: - Intermountain Healthcare and SCL Health, two leading nonprofit healthcare organizations, have signed a Letter of Intent to merge and create a model health system that provides high-quality, accessible, and affordable healthcare to more patients and communities in Utah, Idaho, Nevada, Colorado, Montana, and Kansas. The intention is that a definitive agreement will be finalized and signed by the end of 2021. - The pending merger will employ more than 58,000
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EHR Data Reveals COVID-19 Vaccines Effective in Preventing Hospitalizations, ER Visits

by Fred Pennic 09/09/2021 Leave a Comment

EHR Data Reveals COVID-19 Vaccines Effective in Preventing Hospitalizations, ER Visits

What You Should Know: - Real world evidence from electronic medical records (EHR) data reveals the COVID-19 vaccines  are highly effective at preventing hospitalizations, emergency department visits and intensive care admissions due to the virus, according to a study just published in the New England Journal of Medicine (NEJM).  - The study, “Effectiveness of COVID-19 Vaccines in Preventing Ambulatory and Inpatient Care” analyzes actual data from hospitals around the US and shows
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Invitae Acquires Ciitizen for $325M to Strengthen its Patient-Consented Health Data Platform

by Fred Pennic 09/07/2021 Leave a Comment

Ciitizen Launches Solution to Help HIEs Comply with Info Blocking Regulation

What You Should Know: - Medical genetics company Invitae today announced its $325M acquisition of Ciitizen, a patient-centric consumer health tech company that offers a global platform to help patients collect, organize, store and share their medical records digitally. - Ciitizen is a patient-centric consumer health technology platform that enables patients to collect, store and share their medical records in a single location. Ciitizen developed proprietary machine learning and AI
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Mayo Clinic, Verily Partner to Develop Clinical Decision Support Solutions

by Jasmine Pennic 08/26/2021 Leave a Comment

What You Should Know: - Today, Mayo Clinic and Verily, an Alphabet company announced a strategic two-year collaboration to develop clinical decision support solutions. This modular, evidence-based decision support solution, will provide contextualized and validated knowledge on disease management, care guidelines, and treatment to help clinicians make decisions. - The clinical decision support tool will be developed based on a broad range of health-relevant data sources, including
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Ginger and Headspace Merge to Form Headspace Health to Support Mental Health

by Fred Pennic 08/25/2021 Leave a Comment

Ginger and Headspace Merge to Form Headspace Health to Support Mental Health

What You Should Know: -Headspace, a global leader in mindfulness and meditation, and Ginger, a leader in on-demand mental healthcare, today announced they have entered into a definitive agreement to merge. - The combined entity, Headspace Health, will provide the full spectrum of proven, effective virtual support - from mindfulness and meditation to text-based behavioral health coaching, to video-based therapy and psychiatry - for all types of patient populations (consumers, employees,
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Google Shuts Down Health Division After VP Joins Cerner

by Jasmine Pennic 08/23/2021 Leave a Comment

Google Dissolves Health Division After VP Joins Cerner

What You Should Know: - Google is eliminating its health division after VP, David Feinberg, MD, joins Cerner as its newest President and CEO, according to an internal memo, Insider first reports. In an internal memo sent by Jeff Dean, head of Google’s research division to employees stated Google Health will no longer function as a unit. Formed in 2018, Google Heath which included artificial-intelligence research teams Google Brain and DeepMind, as well as health teams from Nest Labs, the
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