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Lessons Learned from The Change Healthcare Cyberattack, One Year Later

by Dave Sampson, VP of Cyber Risk & Strategy at Thrive 06/05/2025 Leave a Comment

Lessons Learned from The Change Healthcare Cyberattack, One Year Later

Just over a year ago, Change Healthcare was the target of the largest medical data breach in U.S. history. The cyberattack impacted over 190 million people in the U.S. and halted the healthcare technology company’s systems, causing months of outages.  Change Healthcare provides solutions and services to hundreds of thousands of healthcare providers nationwide and processes billions of transactions each year. This attack had a massive ripple effect, preventing transactions, payments, and
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Medtronic to Separate Diabetes Business into New Standalone Company

by Jasmine Pennic 05/21/2025 Leave a Comment

Medtronic to Separate Diabetes Business into New Standalone Company

What You Should Know:  - Medtronic today announced its strategic decision to separate its Diabetes business into a new, independent, publicly traded company ("New Diabetes Company").  - The move aims to create a more focused Medtronic, with a simplified portfolio concentrated on high-margin growth markets, while simultaneously establishing a scaled, independent leader in the diabetes sector. - The separation is expected to be completed within 18 months through a series of
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HHS Sets Pricing Targets for Trump’s EO on Most-Favored-Nation Drug Pricing

by Fred Pennic 05/20/2025 Leave a Comment

White House, IBM Partner to Fight COVID-19 Using Supercomputers

What You Should Know:  - The U.S. Department of Health and Human Services (HHS) announced it is taking immediate action to implement President Donald J. Trump’s Executive Order, “Delivering Most-Favored-Nation Prescription Drug Pricing to American Patients.”  - Under the leadership of President Trump, HHS Secretary Robert F. Kennedy Jr., and Centers for Medicare & Medicaid Services (CMS) Administrator Dr. Mehmet Oz, the Department has outlined specific targets for
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Regeneron to Acquire Key 23andMe Assets for $256M, Pledges Continuity of Consumer Genome Services

by Fred Pennic 05/19/2025 Leave a Comment

23andMe to Mine Genetic Data for Drug Discovery

What You Should Know:  - Regeneron Pharmaceuticals, Inc. announced it has been named the successful bidder in the bankruptcy auction for substantially all of the assets of 23andMe Holding Co.  - Regeneron plans to acquire 23andMe’s Personal Genome Service® (PGS), Total Health and Research Services business lines, along with its extensive Biobank and associated assets, for $256 million. - Under the terms of the proposed acquisition, Regeneron intends for 23andMe to continue all
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CureIS Healthcare Sues Epic: Alleges Anti-Competitive Practices & Trade Secret Theft

by Fred Pennic 05/14/2025 Leave a Comment

What You Should Know: - CureIS Healthcare, Inc., a company specializing in information technology solutions for the healthcare industry, has filed a lawsuit against EHR giant Epic Systems Corporation.  - The complaint, lodged in the U.S. District Court for the Northern District of California on May 13, 2025, accuses Epic of engaging in a multifaceted scheme to unlawfully stifle competition, interfere with CureIS's business and customer relationships, misappropriate trade secrets, and
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The Evolving Physician Advisor: From UM to Value-Based Care & AI

by Dr. Ankita Patel, Director of Physician Engagement, Xsolis 05/13/2025 Leave a Comment

The Evolving Role of Physician Advisors: Bridging the Gap Between Clinicians and Administrators

In today’s complex healthcare landscape, Physician Advisors (PAs) play an increasingly vital role in ensuring hospitals and health systems function smoothly, efficiently, and with a focus on patient-centered care. As healthcare spending continues to rise, the need for professionals who can effectively navigate the intersection of clinical practice and financial stewardship has never been greater. What is
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UnitedHealth CEO Andrew Witty Steps Down, Stephen Hemsley Returns as CEO

by Healthcare Executive Hires & Departures 05/13/2025 Leave a Comment

UnitedHealth Group Names Stephen Hemsley CEO as Andrew Witty Steps Down

What You Should Know:  - UnitedHealth Group today announced a significant leadership transition, with Stephen J. Hemsley being re-appointed as its chief executive officer, effective immediately.  - Hemsley, who previously led the company as CEO from 2006 to 2017 and will remain chairman of the company’s Board of Directors, steps in as Andrew Witty has decided to step down as CEO for personal reasons. Witty will continue to support the transition by serving as a senior adviser to
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Omada Health Files for IPO

by Digital Health IPO 05/12/2025 Leave a Comment

Omada Health Files for IPO

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

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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