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Verily and Janssen Launch COVID-19 Immune Response Study

by Fred Pennic 02/08/2021 Leave a Comment

What You Should Know: - Verily and Janssen launches COVID-19 Immune Response Study that aims to collect detailed information about how the coronavirus affects the immune system immediately after someone tests positive for COVID-19. Verily, an Alphabet company, is partnering with Janssen Research & Development LLC (Janssen) to launch a COVID-19 Immune Response Study as part of Verily’s Project Baseline. The study aims to collect detailed information about how the coronavirus affects
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Cityblock Health Reaches $1B Valuation, Raises $160M to Address Systemic Healthcare Inequity

by Jasmine Pennic 12/10/2020 Leave a Comment

Cityblock Health Reaches $1B Valuation, Raises $160M to Address Systemic Healthcare Inequity

What You Should Know: - Cityblock Health, a transformative, value-based healthcare provider focused on improving healthcare outcomes for marginalized communities, today announced a $160M Series C round, bringing its total raised to $300M. - Cityblock is a care delivery trailblazer working to right the injustices of a healthcare system that cycles vulnerable communities through frequent ER visits and hospital stays. Its tech-enabled model delivers primary care, behavioral care, and social
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Verily Forms New Subsidiary Focused on Employer Stop-Loss Through Precision Risk

by Jasmine Pennic 08/25/2020 Leave a Comment

Verily Forms New Subsidiary Focused on Employer Stop-Loss Through Precision Risk

What You Should Know: - Alphabet’s Verily has established a new subsidiary, Coefficient, with a mission to create value by combining innovative health technology solutions with new insurance and payment models. Verily is the majority shareholder and Swiss Re Corporate Solutions, an established player in the employer stop-loss market, has a minority stake in the new company. - Coefficient will enter a segment of insurance called employer stop-loss. Employer stop-loss typically protects
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Verily Launches Healthy at Work Program for COVID-19 Screening & Testing

by Fred Pennic 06/18/2020 Leave a Comment

Verily Launches Healthy at Work Program for COVID-19 Screening & Testing

What You Should Know: - Verily launches Healthy at Work Program providing ongoing COVID-19 screening and testing for a healthy return to work and school to communities across the nation. - The Healthy at Work program combines symptom screening, testing services, and data analytics. Employees, students, or others designated to participate in the program can use the online interface to record health symptoms each day. Today, Verily, an Alphabet company, has announced a new Healthy at
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Verily Launches Joint Venture to Develop & Commercialize Ophthalmic Devices

by Fred Pennic 02/04/2020 Leave a Comment

Verily Launches Joint Venture to Develop & Commercialize Ophthalmic Devices

- Alphabet company Verily and Santen Pharmaceutical launch joint venture focused on developing and commercializing ophthalmic devices and comprehensive tech-enabled solutions. - The joint venture will focus on tackling ophthalmic conditions, such as glaucoma and dry eye. Santen Pharmaceutical Co., Ltd. and Verily, an Alphabet company, announced the establishment of a joint venture focused on applying microelectronics and scalable digital technologies to ophthalmology. The new joint
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Alphabet’s Verily, Wake Forest Baptist Health Partner on Healthy Aging Research

by Jasmine Pennic 12/12/2019 Leave a Comment

Wake Forest Baptist Health Launch Tele-ICU Services for Real-Time Clinical Data

- Alphabet’s Verily is partnering with Wake Forest Baptist Health on a healthy aging research project to develop more effective ways to connect patients with healthcare professionals and the resources needed to better deliver long-term rather than episodic care.- The research partnership will test interventions that promote physical and cognitive independence and facilitate greater involvement of older adults in decisions related to their health and wellness preferences.Verily, an Alphabet
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Research: October Health IT M&A Activity, Public Company Performance

by Healthcare Growth Partners (HGP) 11/08/2019 Leave a Comment

Research: October Health IT M&A Activity, Public Company Performance

- Healthcare Growth Partners (HGP) summary of Health IT/digital health merger & acquisition (M&A) activity, and public company performance during the month of October 2019 During the month of October, Health IT continued its evolution into an amorphous market that is increasingly trending away from a specialized niche of healthcare and into a key component of larger sectors such as Enterprise Software, HR Administration, Insurance, Care Delivery, Suppliers, and BioPharma. The
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Google Parent Company Alphabet Reportedly in Talks to Acquire Fitbit

by Fred Pennic 10/28/2019 Leave a Comment

- Google’s parent company, Alphabet has made a bid to acquire Fitbit, according to sources familiar with the matter. - The speculation drove Fitbit’s stock by more than 30%.Google parent company Alphabet has made a bid to acquire fitness wearable company Fitbit, according to sources familiar with the matter. At this time, there is no definite if the negotiations between Google and Fitbit will lead to any deal, Reuters reports.The digital health and wellness market is crowded, with an estimated
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Google Appoints Karen DeSalvo As First-Ever Chief Health Officer

by Fred Pennic 10/18/2019 Leave a Comment

Former ONC Chief and Assistant Secretary Karen DeSalvo Joins LRVHealth as Executive Advisor

- Google appoints former ONC chief Dr. Karen DeSalvo as the company’s first-ever Chief Health Officer to further establish its aggressive movement in the healthcare market. - In her new role as Chief Health Officer, she will report to former Geisinger Health CEO David Feinberg. Dr. Karen DeSalvo, who served as National Coordinator for Health Information Technology and Assistant Secretary for Health (Acting) during the Obama administration has been appointed by Google to serve as the
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Why Healthcare Is Finally Moving To The Cloud

by Dr. Gautam Sivakumar, CEO and founder of Medisas 09/06/2019 Leave a Comment

Why healthcare is finally moving to the cloud

When I started in this industry, the idea that we would put patient information in the cloud was an absurdity. How on earth could anyone justify putting the most sensitive information in our personal lives somewhere other than a locked cupboard, in the safety of a hospital? We would never dream of letting paper patient charts leave the hospital or clinic, so why would we let them leave simply because they are electronic? Historically, security was tied to proximity and direct control, nowhere
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