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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HCCI partners with Blue Health Intelligence

The Health Care Cost Institute has partnered with Blue Health Intelligence to bolster data and research insights.

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Google collecting personal data of millions in health project

Google is collecting one of the biggest troves of personal data in its healthcare initiative, known as “Project Nightingale,” with detailed information of millions of Americans, according to The Wall Street Journal.

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Just 10% of patients with access check out their medical information

While more policies are pushing toward increasing patient access to electronic medical records, few patients are actually using the opportunity to check out their own information, according to a study published in Health Affairs.

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CMS selects 25 participants in AI challenge

CMS has chosen 25 participants to advance to Stage 1 of its AI Health Outcomes Challenge, an initiative aimed at developing AI-driven healthcare predictions for providers and clinicians.

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Google will pay $2.1B to acquire Fitbit

Google is taking over wearables company Fitbit for an acquisition price of $2.1 billion, the companies confirmed Nov. 1.

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Facebook announces preventive health tool

Social media giant Facebook has announced its new Preventive Health Tool aimed at prompting users of its site to connect with healthcare services and organizations.

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Google parent company in talks to acquire Fitbit

Alphabet, parent company of Google, is reportedly in talks to acquire wearables company Fitbit and has already made an offer, Reuters reported Monday.

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Mastercard branches out into healthcare solutions

Mastercard, a financial services company known for its credit card offerings, is dipping a toe into the healthcare space with a product suite designed for healthcare partners.

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.