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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CVS Health seeks acquisition of Signify Health

News of the deal comes after reports that Signify Health is exploring strategic alternatives, including a sale.

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Ochsner Health finalizes merger with Rush

Ochsner gains seven hospitals under the deal, and the combined entity will be called Ochsner Rush Health.

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Patient privacy concerns are rising

92% of patients believe privacy is a right and their health data should not be available for purchase by corporations or other individuals.

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DOJ makes 36 arrests in $1.2B telemedicine fraud scheme

Defendants in the case allegedly defrauded CMS for millions of dollars that were spent on luxury vehicles, real estate and more.

Amazon

Amazon to acquire One Medical for $3.9B

Amazon is taking another big step into the healthcare space, announcing its plans to acquire technology-forward primary care organization One Medical for a whopping $3.9 billion.

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Francisco Partners completes $1B buyout of IBM Watson Health

Francisco Partners will keep the business as a standalone entity under the moniker Merative.

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Athenahealth launches AI tool for EHRs

The company thinks its new technology can help physicians spend more time with patients and less time filling out paperwork. 

K Health, Mayo Clinic collaborate on AI-powered hypertension treatments

The predictive model can help physicians find a more intelligent, personalized approach for treating hypertension.

 

Around the web

The tirzepatide shortage that first began in 2022 has been resolved. Drug companies distributing compounded versions of the popular drug now have two to three more months to distribute their remaining supply.

The 24 members of the House Task Force on AI—12 reps from each party—have posted a 253-page report detailing their bipartisan vision for encouraging innovation while minimizing risks. 

Merck sent Hansoh Pharma, a Chinese biopharmaceutical company, an upfront payment of $112 million to license a new investigational GLP-1 receptor agonist. There could be many more payments to come if certain milestones are met.