Health Tech
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Allara Snags $10M to Scale Its Platform for Women’s Chronic Hormonal Conditions
Allara raised $10 million in a Series A funding round led by GV. The startup offers membership-based virtual services to treat women’s chronic hormonal conditions, such as PCOS and endometriosis. CEO Rachel Blank — former executive at Ro and investor at General Catalyst — founded the company partly due to the difficulty she experienced arriving at her own PCOS diagnosis.
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Consumer / Employer, Health Tech
Amazon Starts Delivering Medications via Drone
Amazon Pharmacy is now offering a drone delivery service for prescription medications in College Station, Texas. The service is free and allows patients to receive their medications within 60 minutes.
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The Challenges of Temperature Controlled Logistics and How to Overcome Them
MedCity News sat down with John Coleman, Business Unit Director at YSDS Life Science, to talk about the challenges of delivering temperature-sensitive goods and how to overcome them.
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Heard at HLTH: Healthcare Execs Share Perspectives on AI, Virtual Health and Value-based Care
As part of the Heard at HLTH video series, MedCity News Editor in Chief Arundhati Parmar and Senior Reporter Katie Adams interviewed healthcare executives about innovations in health tech at HLTH 2023 in Las Vegas earlier this month.
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How Mass General Brigham Is Integrating Behavioral Care Into Its Primary Care Model
Mass General Brigham launched a program this month in collaboration with behavioral health medical group Concert Health. Under the program, more than 400 Mass General primary care providers can refer their patients to Concert. The health system’s goal is to increase patients’ access to diagnoses and treatment for mild to moderate behavioral health issues — particularly for Medicaid patients, who are the most underserved.
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Cedars-Sinai’s CMIO Has A Piece of Advice for AI Startups
At HLTH, Shaun Miller — Cedars-Sinai’s chief medical information officer — pointed out one thing he thinks healthcare AI companies haven’t quite gotten right yet. He said he would “really like there to be a lot more recognition around the personalization of AI and the ability for technology to understand that not every clinician is the same.”
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What Will Rite Aid Need to Do to Recover from Bankruptcy?
Rite Aid filed for Chapter 11 bankruptcy protection on Sunday amid decreasing sales, billions of dollars in debt and more than a thousand lawsuits claiming the chain filled illegal prescriptions for opioids. In order for the company to get back on its feet, experts say it will have to start acting more like its competitors, such as Walgreens and CVS, by leaning more into care delivery, forging strong payer partnerships, and improving its digital offerings.
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Microsoft’s Healthcare AI Efforts Holds Huge Promise for Patients
In a preview before the official announcement at HLTH last week, Microsoft executives and its hospital customers shared use cases of how its suite of AI tools can be used by health systems to improve healthcare delivery and alleviate provider burnout.
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How Mayo Clinic Is Approaching Generative AI Risk Mitigation
At HLTH, Mayo Clinic Platform President John Halamka gave a window into how his health system is mitigating generative AI risks. Some of the measures Mayo is taking include running analyses on how well algorithms perform across various subgroups and training models only on internal de-identified data.
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Financial Pressures Drove Nearly 40% of Hospitals M&A Deals in Q3
Hospital M&A activity has been returning to pre-pandemic levels this year, according to a new report. There were 18 M&A transactions in Q3, compared to seven in Q3 2021 and 10 in Q3 of last year. The reason why M&A activity is regaining its momentum is because hospitals are seeking partnerships to grow and protect their long-term financial sustainability — the report found financial distress was the driving factor behind nearly 40% of deals announced during Q3.
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Healthcare VC Jumpstart Foundry Now Accepting Applications for Fall Funding
Early-stage healthcare innovation fund Jumpstart Foundry is accepting Fall funding applications through September 30th. Read on to find out why Jumpstart Foundry could be the missing piece in your startup’s journey to making a lasting difference in healthcare.
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Artificial Intelligence, Consumer / Employer, Health Tech, Payers, Startups
11 HLTH Announcements You Don’t Want to Miss
This year’s HLTH conference brought a bevy of news announcements — from partnerships to new product features to acquisitions and more. In this list, MedCity News compiled short summaries for 11 of the conference’s most notable announcements.
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Artificial Intelligence, BioPharma, Health Tech
FDA Forms New Digital Health Advisory Committee to Cover Growing Role of Tech
The FDA’s digital health advisory committee will discuss technologies such as artificial intelligence and machine learning, virtual reality, and digital therapeutics as well as topics like decentralized clinical trials and patient-generated health data. Committee member nominations are due in December.
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Enhancing Hiring at Healthcare Practices with Technology
The last few years, both during and after the pandemic, have been turbulent times for healthcare providers and patients alike. For now, although it appears that healthcare staffing shortages will continue, providers are not without practical strategies for attracting and retaining talent.
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How Nemours Children’s Is Working to Solve the ‘Horrendous’ Youth Mental Health Crisis
If you could only do one thing to improve the health of children in the U.S., it would have to be in the behavioral health sphere, Nemours Children’s Health CEO Lawrence Moss declared at HLTH. The state of youth mental health has reached a crisis point in the U.S., and Moss’ health system is working hard to address this. Some of its efforts include embedding behavioral health into primary care and deploying behavioral health workers in schools.
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4 Areas Within Digital Health That Will See Consolidation Next Year
At the HLTH conference last week, MedCity News’ editorial team interviewed 11 health leaders from a variety of organizations to get a sense of which areas within healthcare will see consolidation over the next 12 months.
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Artificial Intelligence, Consumer / Employer, Health Tech, Hospitals, Patient Engagement, Startups
7 Hot Takes I Heard at HLTH
At HLTH 2023, I had dozens of conversations with providers, digital health investors, startup CEOs and other players in the healthcare industry. When I got home, I compiled seven refreshingly honest takes I heard from them while at the conference.
Promoted
Convergence of medtech and health tech: Helping providers plan procedures and easing patient anxiety
A pediatric health system enlisting mixed reality and 3D printing technology illustrates how clinical collaboration and patient education can improve patient outcomes for complex procedures.
Promoted
How medtech can better integrate with healthcare workflows through digital solutions
Healthcare industry is transitioning to value-based care models. That’s why the medical device
industry's ability to continue the development of life-changing innovations will rely on
demonstrating how new technology fits under this value-based paradigm. To build future-ready solutions, it’s important to focus on choosing the right tools and technology partners. The Innovaccer Health Cloud is well-positioned to do just that!
