Business Intelligence

Providers utilize business intelligence to monitor referral patterns and collaborate with clinicians who order their services. Such analytics tools have also been deployed in the specialty to improve productivity, track patient satisfaction and bolster quality.

Patient communication AI company receives $65M in funding from private equity
Artera, a company that utilizes AI for patient communications, made the announcement while revealing it has achieved $100 million in annual revenue. Its products use AI for follow-ups after patient care, in addition to supporting clinical decisions.
CVS agrees to pay $38M to resolve insulin over-distribution allegations, DOJ says
Authorities allege the pharmacy chain gave patients more insulin than prescribed and then billed Medicare and Medicaid for the full amounts. This allegedly occurred for more than a decade.
Popular weight-loss drugs don’t tip the scales against Alzheimer’s
Semaglutide alters Alzheimer’s biomarkers but doesn’t slow the disease’s advance.
Abbott acquires cancer diagnostic company Exact Sciences for $21B
The deal will not be finalized until approved by Exact Sciences’ shareholders. With it, Abbott gains control of new diagnostic tools, including a popular at-home test for colorectal cancer.
Trump’s former FDA commissioner joins board of UnitedHealth
Scott Gottlieb, MD, will take on the new position “effective immediately.” UnitedHealth Group did not say what, if any, steering committee the former FDA lead will sit on.

Movers & Shakers: Kaiser Permanente, Corewell Health, Allina Health name new leadership

Welcome to Movers & Shakers, a roundup of the latest executive movements in the healthcare industry.

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Industry Watcher’s Digest

Buzzworthy developments of the past few days.

Moderna throws in with IBM over quantum computing, generative AI for healthcare

Fresh off its success using AI to develop a blockbuster COVID vaccine, up-and-coming biotech player Moderna (founded 2010) has won the confidence of 112-year-old Big Blue as a strategic partner.

Health editors quit in protest over high publishing charges

The editors said they have tried to get the high charges reduced, but they were ultimately unsuccessful.

Private equity-backed cardiology groups merge to form new-look entity with presence in 8 states

Cardiovascular Associates of America and Novocardia have joined forces to form what they describe as the "strongest cardiovascular network in America."

Poverty is a leading cause of death

Poverty was associated with 183,000 deaths in the United States in 2019 among people 15 years and older, according to a recent study published in JAMA.

Startup aiming to simplify the process for booking imaging appointments raises $12M

Scan.com is expanding into 5 new states with the goal of making scheduling an appointment as easy as securing a hotel room on the web.

Moderna, Merck say new combination treatment boosts skin cancer survival

The new findings come after Moderna accused other pharmaceutical companies of stealing its mRNA technology for COVID-19 vaccines.

Business Intelligence

Patient communication AI company receives $65M in funding from private equity

CVS agrees to pay $38M to resolve insulin over-distribution allegations, DOJ says

Popular weight-loss drugs don’t tip the scales against Alzheimer’s

Abbott acquires cancer diagnostic company Exact Sciences for $21B

Trump’s former FDA commissioner joins board of UnitedHealth