A short list of news this post-holiday week along with Perspectives on AI and ML. Continuing the trend of finishing off the old (Theranos, insurtechs, Cerner, Pear–see update), dealing with the consequences, and moving towards Known Unknowns.
Perspectives: How AI and ML can accelerate the growth of telemedicine across the globe (Thoughtful take on the up-and-downsides of bothdonn)
Mid-week roundup: Holmes turns herself in, ChatGPT as good ER explainer, VA Spokane to cut staff to pay for Oracle Cerner EHR problems?, former Cerner campus conversion (Last chapters in the Theranos Saga and Cerner. New chapter with ChatGPT in ERs.)
Global digital health funding steadies as the debris clears after the 2022 implosion, Bright sells off Zipnosis, and a few surprises with Pear Therapeutics Ch. 11 selloff and where assets are going.
Flat is Good: CB Insights’ Q1 global digital funding, deal numbers finally steady (Let’s see what Q2 brings)
Another Bright Health selloff: Zipnosis sold to Florence Labs (This took place in March–why the announcement delay?)
Mid-week roundup: Pear assets fetch paltry $6M *updated*, Bright Health’s reverse stock split, Oracle Cerner loses hospital EHR share, Lifeforce health optimization scores $12M Series A (The table continues to clear. And new revelations about Pear’s founder McCann being a successful bidder.)
A better look at the Kaiser-Geisinger Risant Health setup, VA renews Oracle for EHR–with conditions and Congressional scrutiny. Holmes nears her appointment in Texas and owes $452M. And up and down on the business rollercoaster with Envision, Validic-Trapollo, CVS Health’s exit of clinical trials, fundings, and continuing problems at Owlet and Veradigm.
Thursday roundup: Kaiser-Geisinger won’t close till ’24, Validic buys Trapollo, Veradigm’s ’22 financials delayed again, ORA telehealth’s $10M Series A, ATA adds 3 to board (Much more to Kaiser-Geisinger Risant Health deal–here’s the key info)
VA renews Oracle Cerner EHR contract, but with multiple caveats, metrics, and annual renegotiations (Oracle and VA remain on the Congressional griddle)
Breaking & updated–Time’s Up! Ninth Circuit Court to Elizabeth Holmes: proceed to Federal prison. District Court: surrender 30 May, pay $452M in restitution with Sunny. (Elizabeth may have done the crime, but Liz will do the time)
Monday roundup: Envision files Ch. 11, who’s to blame for Meta Pixel abuse?, CVS Health to shut clinical trials unit, Amino Health scoops $80M, DocGo flat but optimistic, Owlet way down in revenue (Companies new and old struggle financially, technologically)
A busy week with HIMSS23 (take HIStalk’s random walks), Theranos denouements, lots of trouble in VA and Insurtech Worlds. Teladoc sees gold in weight loss care. And a battle royale between business giants may be developing at, of all places, Cano Health.
Weekend recap from HIMSS23: Glen Tullman’s 5 predictions, HIStalk’s random four-day walk, Oracle Cerner integration ‘going great’, Seema Verma to Oracle, Caregility’s debuts three enhancements (Your weekend reads, especially HIStalk)
Theranos’ Sunny Balwani reports to Federal prison (New home for 12 years)
News roundup: Cano Health board fight, board shakeup; Memora Health’s $30M raise; Teladoc enters weight management race (A battle of the giants brewing at Cano?)
Insurtechs in the widening gyre: Bright Health sued for claims non-payment, fined $1M by Colorado; Clover Health lays off 10%, outsources operations (This centre may not be holding)
VA, GAO push back against proposed House overhaul measures (Just what you’d think)
Theranos’ Holmes files appeal seeking to overturn ‘unjust’ conviction, ‘excessive’ sentence (updated) (Yet another appeal)
VA pulls out the stick in contract renegotiation with Oracle Cerner, slams brakes on further EHRM rollouts–and is this trouble? (updated) (Oracle called on the carpet–and beaten like one?)
And of continued interest from previous weeks….
Short takes: Amazon dims to black Halo wearable line, eVisit acquires Bluestream Health, Moving Health Home launches to lobby Congress, government (More consolidation)
Mid-week roundup: Kaiser Permanente to buy Geisinger, setup separate system; GoodRx co-CEOs step down; strong earnings for Centene, Humana; Clover Health stock woes, settles $22M lawsuit (Consolidation and pivoting)
Week-end roundup: Cano Health’s $60M loss and divesting, Oscar Health exits CA, UCSF Meta Pixel lawsuit narrows, Syneos goes private for $7.1B, Envision nears Ch. 11, Australia’s A$429M EHR modernization funded (Cano Health drama goes on)
Babylon Health ‘Take Private Proposal’ includes London High Court administration request (The real dirt in the 8-K)
Mid-week roundup: DEA extends telehealth prescribing waiver to November; telehealth usage continues to erode; NextGen EHR hacked, 1M records breached (A short stay of sentence for telemental health prescribers dependent on controlled substances)
Babylon Health to go private in June as shares plummet, Q1 loss increases 117% (AlbaCore taking over? Shares are a buck!)
Week-end roundup: Is ChatGPT *really* more empathetic than real doctors? Amwell’s $400M loss, Avaya emerges from Ch. 11, Centene sells Apixio, more on Bright Health’s MA sale, layoffs at Brightline, Cue Health, Healthy.io
Mid-week roundup: CVS-Oak Street closes, DEA extends controlled substance telehealth waiver, Bright Health selling CA MA plans, Talkspace, Teladoc turnarounds? (updated)
Perspectives: Implementing technology in rural communities to support access to mental and behavioral healthcare
When ‘the centre cannot hold’: three board members exit at Cano Health, failure looms at Bright Health Group (Yeats’ ‘Second Coming’ fits two dramatic ‘must read’ company implosion stories)
Digital health’s funding time machine dialed back to 2019–before the SVB implosion: Rock Health (Entering uncharted territory)
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