The promise of personalized medicine is a world in which interventions, screening, and therapeutics are targeted to those most likely to get the disease. Polygenic risk scores will help society reach this ambition by accurately assessing the contribution that one’s DNA makes to disease risk. When Thomas Jefferson wrote in the Declaration of Independence that ‘all men are created equal,’ he captured the essential concept of equality on which the US Constitution is based. Although no one would
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Clarify Health Secures $150M for Value-Based Payments Platform
What You Should Know: - Clarify Health, a cloud analytics and value-based payments platform company, announced today that it secured $150 million in Series D financing. SoftBank Vision Fund 2 led the round and was joined by funds and accounts managed by BlackRock and Memorial Hermann Health System, along with existing investors Insight Partners, Spark Capital, KKR, Aspenwood Ventures, Rivas Capital, and Sigmas Group. - This newest round of funding comes on the heels of the
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What Healthcare Leaders Need to Do Now About Ransomware
If ransomware is not a topic of conversation around any healthcare organization’s boardroom table, directors and senior executives may be exposing the organization (and themselves) to considerable risk. Here’s a guide to ransomware trends for 2022 and steps healthcare leaders can take to help protect their organizations. Ransomware trends in 2022 The risk of a ransomware attack in 2022 is substantial, with gangs specializing in targeting the healthcare sector. Last year saw dozens of
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Report: Private Hospitals Overcharge NYC Government Over $2B Annually
What You Should Know: - The 32BJ Health Fund, a self-insured fund that provides care for 32BJ SEIU members and their dependents, today released a report that lays bare the stark price disparities between Medicare and private hospitals, and outlines solutions to both reins in prices and holds hospital systems accountable for these practices. - The report, titled, ‘Hospital Prices: Unsustainable and Unjustifiable’ found that hospital prices are dramatically rising, the main driver in the
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physIQ, CellCarta Collaborate on Study to Revolutionize Vaccine
What You Should Know: - Today, digital medicine leader physIQ and CellCarta, a global leader in precision medicine services announced they are collaborating on a groundbreaking study that could revolutionize vaccine development. - The strategic collaboration advances the detailed study of early, individualized human responses to vaccinations as pharma companies race to deliver safe, effective vaccines sooner. physIQ, a pioneer in digital medicine, and CellCarta, a global leader in
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Clarify Health Acquires Embedded Healthcare, Behavior Change Platform
What You Should Know: - Clarify Health, leading cloud analytics and value-based payments platform company, just announced its acquisition of Embedded Healthcare - a behavior change platform company created by notable healthcare leaders such as Dr. Ezekiel Emanuel to scale value-based care for health plans. - The announcement marks the company’s second acquisition in 6 months and represents Clarify Health’s deep commitment to further build out its technology and cement its
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Black Female Co-founders CancerIQ Raises $14M to Improve Cancer Early Detection and Prevention
What You Should Know: - CancerIQ, a Chicago-based platform powering early cancer detection and prevention across broad patient populations, announced today it closed a $14M Series B financing round. - The Series B round was co-led by Merck Global Health Innovation Fund (Merck GHI) and Amgen Ventures with participation from McKesson Ventures, OSF Ventures (the investment arm of OSF HealthCare, a current CancerIQ customer), and HealthX Ventures. Inequality in
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Force Therapeutics and Xealth Integrate to Drive Remote Care Management
What You Should Know: - Today, Force Therapeutics and Xealth are partnering to bring remote management of postoperative recovery and care plans into clinicians’ EHR workflows. - The Force platform delivers provider-prescribed digital education and video content for patients recovering from injury or surgery at home. The partnership integrates the Force platform with a provider’s electronic health record, enabling care teams to view clinically relevant metrics within the
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Omada Health Raises $192M to Expand Digital Therapeutics for Chronic Disease
What You Should Know: - Omada Health, a chronic care integrated healthcare provider, today announced its $192M in Series E funding round led by Fidelity Management & Research Company with participation from aMoon, existing investors Perceptive Advisors, Wellington Management, Civilization Ventures, and others. - Omada Health will utilize the funding to accelerate hiring at all levels to meet growing customer demands, a technological roadmap for care and coaching personalization to
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EarliTec Diagnostics Raises $19.5M to Advance Autism Diagnosis and Treatment in Children
What You Should Know: - EarliTec Dx, a digital health company developing novel diagnostic and therapeutic products for children with Autism Spectrum Disorder (ASD) and early childhood vulnerabilities, today announced a $19.5 million financing led by Bernie Marcus, with participation from the Georgia Research Alliance (GRA). - This round of financing will be used to support filing with the U.S. Food and Drug Administration (FDA) for 510K clearance, as well as commercialization of the
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