Back from Two Weeks in Another Town (except for a few extra days), the August-September ‘quiet time’ certainly was not. CVS’ big win in Signify’s auction was on Labor Day. Change may or may not be joining UHG/Optum after October. FTC doesn’t much like Amazon’s acquisitions, including One Medical. And Elizabeth Holmes’ legal team was busily filing–and delaying the (maybe) inevitable, including a declaration straight out of Perry Mason.
The passing of a Queen and crowning of a King.
Elizabeth Holmes’ three swings and a miss in overturning her trial verdict reveal a crafty strategy (She’ll be in court long after Sunny Balwani toddles off to prison)
News briefs, catchup edition: UnitedHealth/Change decision October?, CVS wins $8B Signify Health auction, Walgreens majority buy of CareCentrix, FTC requests more info on Amazon-One Medical (Home care wars and a long-awaited decision)
Perspectives: Creating consistent standards isn’t a once and done job (the safety of digital treatment tools)
On the passing of HM Queen Elizabeth II
$130M to Alma’s mental health platform, Cadence Care RPM with ScionHealth, NIH funding telehealth in cancer care, and more.
News roundup: RPM at 79 ScionHealth hospitals, 74% of employers like virtual care despite concerns, Alma Health garners $130M, NIH’s $25M for cancer care telehealth research, Parks’ virtual Connected Health Summit 30-31 Aug
Amazon threw in its beach towel on Care, put its bets on One (Medical), and paddle up in Signify’s auction closing after Labor Day. Babylon Health is eliminating distractions with the NHS to concentrate on the US. Oracle’s hit with charges of massive privacy violations, on top of massive Cerner VA dysfunctionality. But back to the future–Fitbit’s reviving with three new fitness watches.
Oracle in Federal court class-action lawsuit on global privacy violations; Cerner VA EHR had 498 major outage incidents, 7% of time since rollout (Misery upon misery)
Week-end news roundup: Fitbit revives with 3 new watches, Sena Health hospital-at-home, SteadyMD surveys telehealth clinicians, 9.4% fewer adult dental visits in England, save the date for ATA 2023
Perspectives: why digital apps need an in-house clinical safety lead (A Perspective from Wysa, more to come in September)
Breaking: Amazon Care shutting down after three years–what’s next? (updated) (Care an expensive course at the University of Healthcare Delivery)
Babylon Health exits last NHS hospital contract as a ‘distraction’, looks to US market for growth (Tighten your seatbelts)
Signify Health bidding war ensues, waged by Amazon, UnitedHealth Group, CVS, Option Care Health (A scrum with unknown outcome)
An action-packed mid-August. No one seems to be sitting on the beach unless you’ve been laid off. Meanwhile, companies are scrambling. No, Babylon Health is not being bought. But elsewhere, there is some good news around acquisitions and funding.
Rounding up the week with good news: AliveCor’s Series F round, Scotland’s Smplicare gains £750K for fall research (A needed and refreshing drink!)
Friday short takes: was there a bidding war for One Medical? A concussion risk wearable tested. Get Well’s monkeypox digital care plan (One Medical’s gamble and a return to one of our old follow topics)
Week-end news roundup: +Oscar data tech platform pauses, BD buys MedKeeper pharmatech for $93M, Novant’s Meta misconfiguration reveals PHI, Mt Sinai’s Sema4 genomics spinoff releases 250 + founder (Reality bites in a lot of different areas)
Babylon Health: fending off bubbly rumors of acquisition this week (No, they’re not. Being. Bought.)
Big companies eager to snap up companies to fill out portfolios. Small (and not so small) companies drastically cutting staff and spending, looking for the Magic Survival Formula. Amwell finally closing a Big Deal with CVS Health. Babylon Health’s mixed picture as they grow. Cerner and VA’s miseries continue, but data and IoMT breaches thrive. And ISfTeH not only returns to live conferences, but also comes to the US.
Weekend short takes: May telehealth claims up to 5.4%; three health plan breaches, one at its law firm–affecting over 400,000 patients; layoffs hit Calm, Truepill (updated)
ISfTeH Global Connections for Sustainable Telehealth: 6-7 November, San Jose (International telehealth finally reaches the US)
Week-end news roundup: Allscripts on the acquisition hunt, Amwell’s CVS telehealth deal, Cerner’s $1.8M racial discrimination settlement, predicting Parkinson’s progression via smartwatch data
Mid-week news roundup: CVS eyeing Signify Health for in-home/VBC (updated); Babylon Health mixed pic of revenue and losses up; Geisinger doubles telemed specialties; connected IoT devices expand cyber-insecurity footprint; Owlet layoffs
More Oracle-Cerner VA/DOD EHR misery with 4 hour+ outage; 51% of VA iPads unused for video appointments (Not only VA’s EHR, but also inventory management gone sideways)
This week’s big news centered on Oracle’s layoffs at Cerner–and Oracle–DOJ versus UnitedHealth Group, and telehealth nearing needed legislative change in the US. In UK news, NHS Digital trials wireless to compensate for looming staff shortages–and Cera raises £264 million. Advances in dementia diagnosis and therapy plus news from all over: multiple raises, VA, Cionic, Withings, Orion Health, Coviu, and more!
Week-end wrapup: CVS plans to expand primary care, home health; Cera Care raises £264M; Linus Health’s AI enabled dementia screener, Cognito’s cognitive therapy slows brain atrophy
Short takes for Thursday: Diagnostic Robotics $45M raise; Sage’s $9M seed; VA names EHR ‘functional champion’; Aussie telehealth startup Coviu arrives in US
NHS Digital trialling Wireless Center of Excellence–in face of ‘crisis’ level staffing shortages (Can one compensate for the other?)
Mid-week roundup: UnitedHealth-Change trial kicks off; Amazon’s One Medical buy questioned; Cionic’s neural sleeve designed by Yves Behar; Medable-Withings partner; Orion Health’s new CEO; IBM Watson Health’s Simon Hawken passes (Line up your bets on DOJ vs UHG)
Telehealth waivers take critical step in extending to 2024 in House bill now passed (About time, Congress)
Oracle’s Big Vision will be missing a lot of people; layoffs hit Cerner, customer experience, marketing staff (Didn’t take long for the guillotine to fall)
The news for this week is a mix of some good and some not-so. Oracle’s new sheriff moves to fix Cerner’s VA EHR problems, quickly. Investment is reviving, led by Amazon’s buying One Medical, Cleerly, and 3M’s 2023 healthcare spinoff. But Teladoc continues its losing streak. Health plans are shedding real estate and holdings. Also shedding are unicorns–Babylon Health, Included Health, and Noom.
Week-end roundup of not-good news: Teladoc’s Q2 $3B net loss, shares down 24%; Humana, Centene, Molina reorg and downscale; layoffs at Included Health, Capsule, Noom, Kry/Livi, Babylon Health, more (Hit by both telehealth and tech downturns)
Weekend investment/divestment roundup: 3M to spin off Health Care, Cleerly’s $223M Heartbeat, Elation’s $50M Series D, Health Note’s $17M Series A, Galen bought by RLDatix (A revival?)
Oracle’s ‘new sheriff’ moving to fix Cerner EHR implementation in the VA: the Senate hearing (High Noon at VA?)
Amazon moves to acquire One Medical provider network for $3.9B (revised) (Another worry for providers)
Having survived heat waves on both sides of the pond, the news is emerging from its lull. The most significant is around Oracle Health sunsetting the Cerner brand, which frankly has become a bit tarnished. Some of it is about staff cuts and hack attacks piling up, for different reasons in the US and UK. Other news is encouraging in that investment and business are moving forward, despite the parlous state of the markets.
Special congratulations to Herts Careline on its 40th birthday!
Week-end news roundup: Fold Health launches OS ‘stack’; admin task automator Olive cuts 450 workers; 38% of UK data breaches from cyber, internal attacks; hacking 80% of US healthcare breaches; does AI threaten cybersecurity?
VA’s final, troubling OIG ‘unknown queue’ report on Cerner Millenium rollout; Oracle’s Sicilia to testify before Senate today (Oracle’s inherited mess)
Herts Careline marks 40th Anniversary (Congratulations!)
Midweek heat wave roundup: GE Healthcare’s new name, hospital-to-home health trending big, over 2 million patient records hacked (Hint: GEHC doesn’t have to change the brochures right away)
Cerner’s business now consolidated under Oracle Health (Excuse Cerner as it disappears–but save the swag for eBay!)
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