What You Should Know:
- Virtual care company Omada Health filed for an initial public offering (IPO) on Friday, according to the SEC filing.
- Founded in 2012, Omada specializes in virtual care programs designed to support patients managing chronic conditions such as prediabetes, diabetes, and hypertension.
- The company describes its unique approach as a “between-visit care model,” aiming to complement the broader healthcare ecosystem by providing ongoing support to
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MedTech Breakthrough Announces 2025 MedTech Breakthrough Award Winners
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
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
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
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
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
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
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
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
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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