Insilico Medicine, a clinical stage AI-drive drug discovery company, has penned a multi-year, multi-target strategic research collaboration with Sanofi in a deal valued at $1.2 billion.

In 2020, healthcare costs averaged $10,000 per person, though South Dakota takes the cake as the most expensive state for healthcare, according to a recent ranking from Forbes. 

VillageMD, which is majority-owned by Walgreens Boots Alliance, is acquiring Summit Health in a deal valued at $8.9 billion.

New research out of Mayo Clinic found that clinicians who listened to AI-based treatment recommendations were more successful at identifying patients with low ejection fraction. 

American Heart Association President Michelle A. Albert, MD, urged physicians to seek out patients who may have not received medical care since the start of the pandemic. These patients could face an increased risk of cardiac complications.

The new locations are in the metro areas of Jacksonville, Orlando and Tampa, with plans to open by fall 2023.

The ever-rising cost of healthcare in the United States is having a crippling financial impact on many Americans, according to a recent survey.

“These initial actions are needed to start turning the company around," new CEO Roy Jakobs said in a statement.