What You Should Know: - Today, Microsoft Corporation (Nasdaq: MSFT) and Nuance Communications, Inc. (Nasdaq: NUAN) announced they have entered into a definitive agreement under which Microsoft will acquire Nuance for $16B. Financial terms of the all-cash deal details Microsoft paying $56 per Nuance share, a 23% premium over Friday’s closing price with a total value including debt at $19.7 billion. - Microsoft’s acquisition
Read More
Nuance Acquires Ambient AI Assistant for Physicians Platform Saykara
What You Should Know: - Nuance acquires ambient AI healthcare voice assistant Saykara, Inc. to bring complementary AI technology and engineering talent to conversational AI and ambient clinical intelligence market leader. - Kara’s AI-powered healthcare voice assistant can be used during a physician-patient encounter without any voice commands, promising to eliminate up to 100% of after-hours charting and records entry Nuance Communications, Inc. today announced the acquisition of
Read More
DoD Awards $2.8M to Philips & BioIntelliSense to Validate Wearable for Early COVID-19 Detection
What You Should Know: - Philips and BioIntelliSense has been selected by the
U.S. Army Medical Research and Development Command (USAMRDC) to receive nearly $2.8M
from the U.S. Department of Defense (DoD) to validate BioIntelliSense’s
FDA-cleared BioSticker device for the early detection of COVID-19 symptoms. - Working with the University of Colorado Anschutz
Medical Campus, the clinical study will consist of 2,500 eligible participants
with a recent, known COVID-19 exposure and/or a
Read More
Recent Executive Hires: CVS Health New President, Cleveland Clinic/Amwell Joint Venture Leadership, Others
CVS Health Corporation names Neela Montgomery Executive Vice President and President of CVS Pharmacy/Retail, effective November 30, 2020. Montgomery will oversee the company's 10,000 pharmacies across the United States. Montgomery, currently a Board Partner at venture capital firm Greycroft, most recently served as chief executive officer of furniture retailer Crate & Barrel and has nearly 20 years of global retail experience. The Cleveland Clinic and Amwell joint venture appoint
Read More
Nuance Sells Off Transcription and EHR-Go-Live Businesses to DeliverHealth
What You Should Know: - Nuance announced that it’s planning to sell two sections of its healthcare business – Health Information Management (HIM) and Electronic Health Record (EHR) Go-Live Services to a new independent company, called DeliverHealth, in early 2021. - Nuance will be a minority shareholder of DeliverHealth
and continue to provide its technology to the company. Nuance
Communications, Inc., today announced the planned sale
of the Health Information Management (HIM)
Read More
Providence Taps Nuance to Develop AI-Powered Integrated Clinical Intelligence
What You Should Know: - Nuance Communications, Inc. and one of the country’s
largest health systems, Providence, announced a strategic collaboration,
supported by Microsoft, dedicated to creating better patient experiences and ease
clinician burden. - The collaboration centers around Providence harnessing
Nuance’s AI-powered solutions to securely and automatically capture
patient-clinician conversations. - As part of the expanded partnership, Nuance and
Providence will jointly
Read More
Mount Sinai Develop Machine Learning Models to Predict Critical Illness and Mortality in COVID-19 Patients
What You Should Know: - Mount Sinai researchers have developed machine learning models that predict the
likelihood of critical events and mortality in COVID-19 patients within
clinically relevant time windows. - The new machine learning models were outlined in a recent study published in the Journal of Medical Internet Research—could aid clinical practitioners at Mount Sinai and across the world in the care and
Read More
CMS Direct Contracting Model Options for Value-Based Care
The Centers for Medicare and Medicaid Innovation (CMMI) created the Direct Contracting Model to expand opportunities for more diverse providers and healthcare organizations to participate in value-based care arrangements for Medicare fee-for-service (FFS) beneficiaries. The goal of the new model is to create the next generation of risk-sharing arrangements to improve outcomes for patients, lower costs, and ensure high-quality care. In developing the Direct Contracting model and associated
Read More
Nuance Integrates with Microsoft Teams for Virtual Telehealth Consults
What You Should Know: - Nuance Communications Inc. and Microsoft
Corp. announced that Nuance Dragon Ambient eXperience (DAX), an
ambient clinical intelligence (ACI) solution, is now integrated into Microsoft
Teams for virtual health consults. - The ongoing strategic partnership between Microsoft and
Nuance aims to combat burnout while supporting the telehealth movement by
improving healthcare experiences—for patients and physicians—with seamlessly
integrated
Read More
Monument Health Selects Nuance’s ACI Solution to Transform Physician-Patient Encounters
What You Should Know: - Nuance Communications, Inc. announced that Monument
Health added another Nuance solution to their tech stack: Dragon Ambient
eXperience (DAX). - This new solution will further enable the healthcare
facility’s physicians to focus on caring for patients and not on their
computers. Nuance
Communications, Inc. announced that Monument
Health has chosen the Nuance®
Dragon Ambient eXperience™ (DAX™) ambient clinical intelligence (ACI)
solution to securely capture,
Read More
