What if we advised people to wear seatbelts only on certain days or when driving on specific highways? Clearly, this would result in real and avoidable harm. Unfortunately, something similar has happened to millions of patients who underwent pharmacogenomics (PGx) testing to aid in selecting drugs and doses for treating depression or anxiety, tailored to their unique genetics, without considering the broader implications. In mental health treatment, patients often endure multiple therapies
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Digital Health Funding in Q3 2024: Strategic Acquisitions and “Tapestry Weaving” Drive Market Evolution
What You Should Know:
- The digital health sector maintained its "small but mighty" trajectory in Q3 2024, characterized by disciplined investments and strategic activities, according to Rock Health’s Q3 Digital Health Funding report.
- While deal counts decreased compared to previous quarters, average investment sizes remained steady, indicating a shift towards more focused funding. This trend, coupled with strategic acquisitions and a focus on enhanced
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DiMe, Google, Mayo Clinic Partner to Optimize AI Implementation in Healthcare
What You Should Know:
- The Digital Medicine Society (DiMe) is launching a new collaboration with Google and Mayo Clinic to address the critical need for best practices and implementation strategies for artificial intelligence (AI) in healthcare.
- The partnership recognizes the transformative potential of AI while acknowledging the current gap between technological advancements and real-world integration.
Bridging the Implementation Gap
While significant investment and
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The Impact of Private Equity Consolidation in Healthcare
On a brisk 2023 October morning at St. Elizabeth’s Medical Center in Boston, Sungida Rashid and her husband Nabil held their newborn daughter for the first time. Rashid soon began to experience severe complications, including bleeding of the liver. This normally would be treated with embolization coils; however, the manufacturer had retrieved all coils at the hospital weeks before because Steward hadn't paid its bills. According to a lawsuit filed that same month by the manufacturer,
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Epic Declines to Appeal Carequality Resolution in Dispute with Particle Health
What You Should Know:
- In an ongoing dispute over patient data privacy, Epic Systems has announced it will not appeal the Carequality Steering Committee's resolution, urging Particle Health to do the same and allow for the immediate release of the full resolution document.
Background of the Dispute
The dispute arose earlier this year when Epic, acting on behalf of its customer governing council, filed a complaint with Carequality against Particle Health. Epic alleged that certain
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FOMO Drives AI Investment in Healthcare, Despite Trust Concerns
What You Should Know:
- A new study by intelligent automation company ABBYY reveals that fear of missing out (FOMO) is a major factor driving AI investment in healthcare.
- The study reveals that 57% of global healthcare providers expressed concern that their organizations will fall behind if they don't embrace AI.
Efficiency and Patient Service as Key Drivers
While FOMO plays a role, over half (52%) of healthcare leaders also cite increased efficiency and improved
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Beyond FHIR: AI’s Potential to Revolutionize Healthcare Data Insights
For decades, one of the most daunting tasks in healthcare has been managing and making sense of the vast amounts of data generated annually. From patient and outcomes data to billing and scheduling data, the list goes on and on.
The predominant challenge lies not just in quantity but like this data: much if not most of it is unstructured, i.e., data that isn’t predefined and searchable on a table, such as text messages, images, videos, audio files, and emails.
Historically, healthcare
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CareFirst BCBS Community Health Plan Maryland Launches Medicaid Member Program
What You Should Know:
- Wider Circle, which builds peer-driven communities nationwide to help people improve their health and quality of life through trusted connections, announced a partnership with CareFirst BlueCross BlueShield Community Health Plan Maryland (CareFirst CHPMD).
- CareFirst is one of the nation’s largest not-for-profit healthcare organizations. Wider Circle is working with their Medicaid plan to enhance member engagement and improve health outcomes
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Particle Health Sues Epic Systems, Alleging Antitrust Violations in EHR Market
What You Should Know:
- Particle Health, a company specializing in aggregating and delivering actionable patient data, has filed a federal antitrust lawsuit against Epic Systems Corporation.
- The lawsuit accuses Epic of abusing its dominant position in the electronic health records (EHR) market to hinder competition in the burgeoning payer platform market.
Epic's Alleged Anti-Competitive Practices
Particle's complaint alleges that Epic is actively thwarting the development of
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Cardinal Health Acquires Integrated Oncology Network for $1.115B
What You Should Know:
- Cardinal Health (NYSE: CAH) has announced a definitive agreement to acquire Integrated Oncology Network (ION), a physician-led independent community oncology network, for $1.115 billion in cash.
- The acquisition will integrate ION into Cardinal’s Navista platform and expand its suite of solutions to deliver world-class patient care and experiences while navigating the complexities of the healthcare landscape.
Expanding Support for Independent
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