Digital Transformation

This evolution of healthcare involves using technology to improve diagnosis, treatments, monitor patients, enhance hospital operations and culture, and bolster consumer-focused care. This includes virtual reality tools, wearable devices, workflow software, health apps and other digital health tools.

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DOJ now investigating Cerebral for ADHD prescribing practices

As a result, the company stated it will pause the practice of prescribing controlled substances as a treatment for ADHD such as Adderall and Ritalin for new patients starting May 9.

Hello Heart raises $70M as digital therapeutics demand soars

Hello Heart, a digital therapeutics company that focuses on heart health, has raised $70 million in a Series D funding round.

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CVS: Mental health concerns are rising

Nearly 6 in 10 Americans (59%) have experienced concerns about either their own mental health or that of family and friends.

 

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Walmart launches telehealth diabetes program

The program is run by MeMD, a telehealth provider Walmart acquired last year.

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NASA beams doctor virtually into space

Telemedicine boomed in popularity during the COVID-19 pandemic, but remote healthcare isn’t just for homebound patients––it’s also now available to astronauts.

Vytalize Health raises $50 million in funding to expand senior care

Vytalize Health, a value-based care platform for seniors, has raised $50 million from investors in a Series B funding round.

 

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Advocate Aurora acquires MobileHelp

Advocate Aurora Enterprises, the investment arm of Wisconsin- and Illinois-based health system Aurora Advocate, has acquired remote patient monitoring provider MobileHelp. 

 

Medicare money payment physician

Virtual behavioral health company Brightline raises $105 million to expand

Virtual behavioral health company Brightline has raised $105 million in a Series C funding round, with the aim of expanding its services and partnerships.

 

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Around the web

Cardiovascular Business
FTC sues drug middlemen over insulin prices, puts others on notice

The FTC alleges that pharmacy benefit managers have set up a system where they get rich, while patients are forced to pay rising insulin costs. The agency also called out drug manufacturers such as Eli Lilly, Sanofi and Novo Nordisk, saying their own actions have raised serious concerns.

Cardiovascular Business
Cath lab techs and nurses see new normal with post-COVID pay

In the post-COVID era, wages for permanent RNs are rising, and wages for travelers are decreasing. A new report tracked these trends and more. 

Cardiovascular Business
Merit Medical to purchase Cook Medical’s lead management portfolio for $210M

Two medical device companies have announced a transaction that could shake up the U.S. electrophysiology market. 

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