Jon Bloom, MD, CEO and Co-founder of Podimetrics From a digital health perspective, 2022 was a reset year for many and a serious reality check. We went from sky high growth to the sky is falling, and in 2023 I think this market correction movement will continue forward. To me, the biggest surprise of 2022 was that despite the market tanking, digital health companies continued to truck forward with huge deals. This includes massive acquisitions like Amazon and OneMedical, as well as deals like
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Cleveland Clinic | Health Systems | News, Analysis, Insights
Transcarent Taps The Clinic by Cleveland Clinic to Offer Employees Expect Second Opinions
What You Should Know: - Transcarent, a health and care experience company that makes it easy to access high quality, affordable care, and aligns with the companies who pay for care, announced a new collaboration with The Clinic by Cleveland Clinic (The Clinic) that enables Transcarent Members and their families to access The Clinic’s expert second opinions. -
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Hims & Hers Appoints Dr. Knoer as First-Ever Chief Pharmacy & Innovation Officer
What You Should Know: - Hims & Hers Health, Inc. appoints pharmacy industry veteran Dr. Scott Knoer, Pharm.D., MS, FASHP, as the company’s first-ever Chief Pharmacy & Innovation Officer. - As Chief Pharmacy & Innovation Officer, Dr. Knoer will oversee pharmacy strategy and innovation efforts for Hims & Hers. Knoer will direct efforts to develop proprietary formulations that will make it possible to provide customers with personalized health and wellness advancements. Hims
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The Common Denominators of Sustainability in Healthcare: Measurement and Transparency
The global healthcare industry accounts for roughly 5% of greenhouse gas emissions. That is about the same as the cement and chemical industries combined, and more than that of the aviation and shipping industries together. In the United States, the number is even higher: roughly 8.5% of U.S. carbon emissions emerge from healthcare. One might argue, from a carbon-intensity perspective, that is not too bad for an industry comprising nearly 20% of U.S. economic output. But then, one might also
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Intelerad Acquires Life Image to Expand Global Open Image Exchange Network
What You Should Know: - Today, Intelerad, a global provider of enterprise medical imaging solutions, announced its acquisition of Life Image, one of the largest image exchange networks of curated clinical and imaging data. - The acquisition, which closely follows Intelerad’s recent deal with PenRad Technologies, Inc. and acquisition of cloud imaging leader Ambra Health last year, creates the largest medical image exchange network in the world. Acquisition Establishes Interlad as
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Preventative Health Programs Need to Address 3 Key Components
Combination of genetic testing, custom nutrition/exercise/mental wellbeing planning, and personal coaching thwarts chronic metabolic diseases through habit change. The most effective approach to treating chronic disease today focuses on behavior change and prevention. Condition management is yesterday’s innovation; the real key is keeping healthy people healthy in the first place. Smart preventative treatment involves highly personalized experiences informed by behavioral genetic
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Analysis: 2022 Semi-Annual Health IT Market Review
Executive Summary Act III of COVID: Navigating the Crosscurrents of Post-Inflation 2022 ushered in Act III of the market’s latest transitionary period: The Post-Inflation Era. Since 2008, the US economy functioned with remarkably low inflation and interest rates. As the cost of capital went lower and lower during the decade, valuations steadily rose. Between 2010 and 2020, the NASDAQ experienced a 17.1% annual growth rate, with no small share of the growth a result of expanding valuation
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Divurgent Appoints Ed Marx as New CEO
What You Should Know: - Divurgent, a healthcare IT consulting company, today announced it has appointed Ed Marx, a renowned leader with more than 30 years of experience, as its new Chief Executive Officer (CEO). - In addition, Colin Konschak, company founder and CEO since 2007, will move to a new role as Executive Chairman of the Board of Directors. Ed Marx Background Ed Marx is an influential, veteran IT leader with deep experience in healthcare. He was the former Chief
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3 Predictions for Post-COVID Clinical Trial Decentralization
Prior to COVID, major technological transformation initiatives were already underway at many clinical trial sites, sponsors, and contract research organizations (CROs.) But the move to decentralized trials accelerated dramatically in 2020 and 2021–and it’s not slowing down. Survey data from WCG Avoca shows that research sites and sponsors expect 89% of clinical trials to qualify as a hybrid, with a mix of decentralized technology and in-person visits. But what will these
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MediView XR Secures $9.9M for Augmented Reality Surgical Navigation Platform
What You Should Know: - MediView XR, Inc., raises $9.9M in SAFE financing syndicated by Inside View Investments, LLC, a private investment firm. MediView has raised approximately $14.4MM in total funding to date. - Investment will support key technology development, commercialization and regulatory submissions. MediView XR Inc., a Cleveland-based medtech company that leverages augmented reality, remote connectivity and spatial computing data to create revolutionary surgical
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