10-13 July 2026 A quieter post holiday week, but with one major sale and one substantial raise. Resmed sold off their MatrixCare post-acute software business to private equity, for substantially less than they paid for it seven years ago. The big raise was Pearl Health’s. Not so pearly were the substantial sentences and fines given to Done Health’s principals for out of control Adderall prescribing and fraud. Nor was 23andMe’s data breach settlement of $47 million while still in bankruptcy, or another Oracle software vulnerability. And OpenAI’s offer of 5% to the US government–good deal or Trojan Horse? But there’s... Continue Reading
Search Results for data breaches
News roundup: 23andMe settles with data breach victims for $46.75M, Neuralink implants #26 & first Canadian ALS patient, Resmed selling MatrixCare EHR for $490M, Teladoc now preferred telehealth provider for NBA players
Bankrupt 23andMe finally settles with 2023 data breach victims. The settlement of $46.75 million was approved by the US Bankruptcy Court for the Eastern District of Missouri. It will be paid first to Kroll Restructuring within five business days from Tuesday 7 July. It will then be distributed among those who filed with Kroll as affected by the breach of their genetic and personal information. The breach occurred between 1 May and 1 October 2023. The benefits to those affected and filing a claim are: Up to $10,000 for Extraordinary Claims; Up to $165 for Health Information Claims; An estimated... Continue Reading
Chutes & Ladders: Done Global principals sentenced on Adderall fraud, Oracle E-Biz Suite hacked, OpenAI’s 5% offer to US government, Meta considers cloud AI, Pearl’s $110M raise
...US National Vulnerability Database states that the vulnerability can be exploited remotely over HTTP without authentication. Oracle software seems to be a favorite target of hackers. Cybersec organizations Defused and Shadowserver, along with the US Cybersecurity and Infrastructure Security Agency (CISA) have flagged multiple software vulnerabilities across Oracle’s EBS, WebLogic Server, and PeopleSoft. Computing UK Is it a Chute or Ladder? Or Run For Your Life? OpenAI and Sam Altman made headlines before the July 4 celebrations with an offer of a 5% share of the company to the US Federal Government. Both OpenAI and Anthropic are imminent IPOs. The... Continue Reading
Midjourney Medical audaciously promises a revolution in whole-body scanning, powered by Butterfly Network chips. Can the reality ever match the hype?
...60 seconds but taking 60 minutes or more. Midjourney Health’s ambitions are wellness, not medical grade, at least into 2028. The announcement states that this prototype is the first of three. Their roadmap is that by end of 2027, Midjourney’s will open a 24/7 medical spa in San Francisco, with the 2nd generation prototypes providing detailed body composition maps for clients, accumulating data for its own case, scanner development, and yes, FDA. 2028 would introduce a 3rd generation scanner with custom chips and a ‘night-and-day’ change in image quality and scan times. The trajectory is opening proprietary medical spas, staying... Continue Reading
Chutes & Ladders: Xsolis data breach affects 1.4M records, Five Eyes warns of AI-supercharged hacking; FDA closes Whoop BP warning, Centene adds HR/finance exec to board; $120M raises for Assort Health, $46M for xCures
...records. Reports were submitted on 5 June to Health and Human Services’ (HHS) Office of Civil Rights (OCR). On 19 June, the California Attorney General’s Office posted a copy of the breach notification letter that Xsolis sent to its clients’ patients. To date, there have been no ransom or extortion demands nor dark web threats. Affected organizations have been reported as Rochester Regional Health with 18,600 patients affected, Mayo Clinic and VHC. DataBreaches.net, Yahoo News–TechRadar The multi-national data security alliance Five Eyes warns of AI supercharging hacking attacks. The three-page statement details how AI accelerates cybersec attacks and the need... Continue Reading
Vinegary Must Reads This Week: Silicon Valley’s ‘Cargo Culture’; the clinical query tool explosion between OpenEvidence and general AI
...meets a need for automating processes. It makes search a lot quicker. But will LLMs and agentic AI actually change anything other than make it faster, or reduce the need to perform your own logic in building a case/article–at amazingly high expense? Other than the spend, what’s exponential about it? Everyone’s buying a lot of GPUs–heck, Oracle at Larry Ellison’s behest is betting the company on moving out of software, including that ever-so-sticky EHR–and becoming a data center constructor and lessor to Open AI and Meta lest Microsoft eat his lunch. After a certain point, the beliefs become circular and... Continue Reading
Short takes: Bain report on anemic AI ROI, SVB report on women’s health, Ladder Health pedes virtual health raises $7M, an update on the Luigi Mangione trial
...to solve the data problem; don’t wait for the data problem to be solved first. Automate one high-value, repeatable workflow and replace it with AI. Redesign the operating model, not just the process. Measure outcomes at the enterprise level, not the program level. Leaders must decide that they have a personal responsibility to create the organizational conditions for AI success. Your AI Budget Is Growing. Your Returns Aren’t. Here’s Why. Our second report is on innovation in the women’s health sector. Silicon Valley Bank (SVB) examines trends in the venture-backed women’s health sector, which has grown into the full spectrum... Continue Reading
Amazon’s One Medical Seniors hacked by ShinyHunters, issues “final warning” on 8.8 TB of patient data
Pepper faints again, reading Amazon’s response–it’s ‘archived’ data that “only impacts certain legacy Iora Health and One Medical Seniors patients”. The ShinyHunters data extortion group published their ‘final warning’ on its ‘dark web’ site with a negotiation start date of last Monday (22 June) before they would publish 8.8 terabytes of stolen information. Making the ShinyHunters threat less credible is that they haven’t released any sample data, so there is no idea if the contents are high value–typically containing personally identifiable information such as Social Security number, credit cards, and sensitive health information. Amazon One Medical is admitting the loss... Continue Reading
News roundup: Validic bought by ChartSpan; raises for Cadence, Prosper AI, Telepatia; Epic MyChart portal messages doubled in 5 years–study
The doldrums of M&A and fundings lightened a bit this week. Personal health data consolidator Validic acquired by ChartSpan. The care management services company will broaden its portfolio through integrating Validic’s IoT platform into its remote care management and health programs. These include chronic care management, advanced primary care management, remote patient monitoring, and custom programs for health systems, payers, and wellness programs. Acquisition cost was not disclosed. BIP Capital led the financing for ChartSpan, as they did with their $15 million Series A in 2019. Validic’s last raise was $12 million in 2022 led by Kaiser Permanente Ventures. Validic,... Continue Reading
Perspectives: The most aggressive AI adoption in healthcare is happening off the books
TTA has an open invitation to industry leaders to contribute to our Perspectives non-promotional opinion and thought leadership area. Today’s topic concerns how unapproved ‘off the books’ AI tools, also known as ‘shadow AI’, are becoming widespread in healthcare organizations. Difficult to track, they may save an individual’s valuable time but open the organization to data breaches and misuse of private data. The author, Errol Weiss, is chief security officer of Health-ISAC (Health Information Sharing and Analysis Center). His information security experience includ es the NSA and senior positions at Citigroup and Bank of America. Health-ISAC is a non-profit organization... Continue Reading
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