What You Should Know: - Verily, a subsidiary of Alphabet focused on life sciences and healthcare announced it has raised $700M from current investors, including Alphabet, Silver Lake, Temasek, Ontario Teachers’ Pension Plan and others. - The company plans to use the capital to support rapid expansion of some of Verily’s leading commercial businesses including Baseline, an end-to-end ecosystem designed to make clinical research more efficient; and Verily Health Platforms, which supports
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Verily
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
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 COVID-19 Pathfinder for Health Systems & Hospitals
What You Need to Know: Verily has launched COVID-19 Pathfinder-- a new set of tools that provide on-demand access to COVID-19 information directly from a hospital or health system website. To help relieve the burden on care teams, Verily has launched COVID-19 Pathfinder, a screening tool and programming template that provide on-demand access to COVID-19 information directly from a hospital or health system website. San Joaquin General Hospital, Western
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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
- 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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Google Appoints Karen DeSalvo As First-Ever Chief Health Officer
- 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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Q&A: How the VHA’s Innovator’s Network Is Transforming Veteran Care
Dr. Ryan Vega explains how the VHA’s Innovator’s Network (iNET) is transforming how the VA identifies, incubates, and deliver healthcare innovation to improve healthcare for veterans. Innovation is the bud from which all things radical seem to bloom. It’s also the critical element at the center of the Veterans Health Administration (VHA) objectives to improve the quality and reach of healthcare for its veterans. Changes spurred by the Mission Act—which hopes to create greater access through
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iRhythm, Verily Collaborate to Develop Atrial Fibrillation Detection Solution
- iRhythm and Verily collaborate to develop health management solutions for atrial fibrillation patients.- The iRhythm and Verily collaboration aims to address this underserved population at risk for asymptomatic or silent AFib.- iRhythm will make an upfront payment to Verily of $5 million and potential milestone payments of up to $12.75 million.iRhythm Technologies, Inc. is teaming up with Verily, an Alphabet company focused on the development of digital health solutions aimed at improving the
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Quest Diagnostics to Contribute Biomarker Datasets to Support One Brave Idea Initiative
In a move to advance the ground-breaking work to identify coronary heart disease at the earliest transition from wellness to disease, Quest Diagnostics announced it will contribute biomarker implementation, population health analytics and a national lab platform as a pillar supporter of One Brave Idea, the research initiative co-founded by the American Heart Association (AHA) and Verily Life Sciences with significant support from AstraZeneca.The Burden of Cardiovascular DiseaseHeart disease is
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