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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Mayo Clinic expands access to clinical insights and digital content

Mayo Clinic is expanding its library of clinical insights by enabling other healthcare organizations to access and deliver digital content across the clinical and operational aspects of a patient care journey.

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Private equity-backed One Medical launches IPO

San Francisco-based One Medical, a membership primary care company, has launched its initial public offering with a starting share price of $14. The company expected to gain gross proceeds of $245 million.

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Humana expands connectivity of its wellness program

Humana is expanding the connectivity of its health and wellness program, Go365, by partnering up with personal health data company Validic.

 

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Kickback scheme allowed pharma cos. to influence EHR software with opioid prescriptions

Electronic health record vendor Practice Fusion has settled criminal and civil investigations with the Department of Justice for $145 million.

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Microsoft, IBM, Google cut deals for hospitals’ patient records

Hospitals have partnered with several technology giants, including Microsoft, IBM, Google and Amazon and handed over valuable and identifiable patient information in data deals, according to The Wall Street Journal.

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New VR software teaches young athletes about concussions

TeachAids, a nonprofit organization focused on health education, has launched a new virtual reality (VR) program that teaches young athletes how to play safe and properly diagnose and treat a concussion.

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CMS to overhaul Medicare comparison tools

CMS is planning to launch a simplified comparison tool for Medicare beneficiaries to find care.

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ONC lays out its 5-year health IT plan

HHS has released a draft of its five-year Federal Health IT Strategic Plan, outlining the goals, objectives and strategies for the government to pursue.

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.