What You Should Know:
- How the top US acute EHR vendors, namely Cerner, Epic, Allscripts, and MEDITECH (+85% share of US acute market in terms of revenues), have progressed on international expansion.
As highlighted below, there is a significant variance amongst the big four in terms of revenue and share of business outside the US. Cerner has by far the highest revenue at more than $650M in 2019, representing 12% of its business. Whilst MEDITECH has considerably lower revenue
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COVID-19 Infects Patient & Practitioner Demands, Unsettling the Future of Hospital Operations
Eric Stone, Co-Founder & CEO at Velano Vascular
Prior to the outbreak of COVID-19, the healthcare industry in the United States was in the midst of an intense refocusing on patient-centered care. This evolution was defined by a number of innovations, policies, and even federal reimbursement programs that prioritized emphasis on and impact on the patient experience. It led to changes in everything from the quality of hospital food, valet parking, and room amenities to fundamentally
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M&A Analysis: Mednax to Sell its Radiology and Teleradiology Business
Earlier this month saw Mednax announce significant plans to transform its business. Mednax intends to:
- Sell its Mednax Radiology Solutions business, which includes its radiology groups and the teleradiology market leader Virtual Radiologic (vRad).
- Reposition itself as a dedicated pediatrics and obstetrics business, including a return to its original company name, Pediatrix Medical Group.
Mednax made its entrance into the radiology business following the $500m acquisition of vRad in
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Augmedics Lands $15M for FDA-Cleared Augmented Reality Guidance System for Surgery
What You Should Know:
- Augmented reality surgical image guidance startup Augmedics
raises $15M in Series B funding led by its U.S. staff in an effort to
secure and successfully launch the company as venture capital (VC) all but
evaporated during the COVID-19 pandemic.
- The xvision system, the first augmented reality
guidance system for surgery, allows surgeons to see the patient’s anatomy
through skin and tissue as if they have “x-ray vision,” and to accurately guide
instruments and
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UCLA Health’s COVID-19 Swab Shortage Solved With 3D-Printed Swabs
What You Should Know:
- With COVID-19 numbers rising in California, an innovative project has solved UCLA Health's testing swabs shortage with 3D-printed swabs.
- In just over a month, and after conducting rigorous clinical testing of several 3D-printed swab prototypes on patients with COVID-19, UCLA Health was granted permission from the Food and Drug Administration to use the most promising design.
An innovative effort launched in April and led by a fellow in the UCLA
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Cerner Appoints Jerome Labat New Chief Technology Officer
Jerome Labat, Cerner Chief Technology Officer
What You Should Know:
Cerner appoints former HPE Software executive Jerome
Labat Chief Technology Officer to strengthen Cerner’s technology focus and
accelerate cloud-enabled SaaS platforms and solutions.
Cerner Corporation announced today that Jerome Labat has joined the company as Chief Technology Officer (CTO). As CTO, Labat will lead efforts to strengthen Cerner’s technology focus and accelerate cloud-enabled SaaS platforms
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AiCure Launches Platform to Remotely Capture Digital Biomarkers in Clinical Trials
What You Should Know:
- AiCure launches digital biomarker platform to remotely detect subtle changes in a patient's condition, leverages computer vision and AI to gather and analyze visual and auditory cues directly through the patient's smartphone camera.
- AiCure appoints Ed Ikeguchi, M.D. as its Chief Executive Officer (CEO) to advance AiCure's commitment to improving holistic health through an understanding of the science behind human responses to illness and
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Welkin Health Appoints Dr. Adrian Rawlinson Chief Medical Officer
Dr. Adrian Rawlinson, Chief Medical Officer at Wellkin Health
What You Should Know:
- Wellkin Health appoints former him and hers executive Dr. Adrian Rawlinson as the company’s new Chief Medical Officer.
- In his new role as Chief Medical Officer. Dr. Rawlinson will focus on establishing a Clinical Advisory Board and Clinical User Group.
Welkin Health, a San Francisco-based digital health company, announced the appointment of Dr. Adrian Rawlinson to the company as Chief
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AMIA President & CEO, Douglas B. Fridsma Steps Down
Douglas B. Fridsma, MD, Ph.D., FACP, FACMI, FAMIA
- Douglas B. Fridsma, MD, Ph.D., FACP, FACMI, FAMIA is stepping down as President and CEO of The American Medical Informatics Association (AMIA).
- Karen Greenwood, Executive Vice President, and Chief Operating Officer will serve as interim CEO while the Board of Directors begins the search for a replacement.
The American Medical Informatics Association (AMIA) has announced the departure of President and CEO Douglas B. Fridsma, MD,
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Augmedics Secures FDA 510(k) Clearance for Augmented Reality Guidance System for Surgery
- Augmedics announced U.S. Food and Drug Administration (FDA) 510(k) clearance and the U.S. launch of its groundbreaking xvision Spine system (XVS), the first AR guidance system to be used in surgery.
- xvision Spine allows surgeons to visualize the 3D spinal anatomy of a patient during surgery as if they had “x-ray vision,” and to accurately navigate instruments and implants while looking directly at the patient, rather than a remote screen.
Today, Augmedics announced U.S. Food and Drug
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