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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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.

 

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13 healthcare companies reach $1B valuations this year

Thirteen healthcare companies have reached $1 billion in valuation this year, an especially notable achievement as the U.S. economy approaches a recession and investors pull back.