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 telehealth, 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!)
Summer is hot and the news is sideways. On the sunny side, bracing news for RPM is a Froedtert/GetWell Network study that reduced hospitalizations for Covid patients. More proof that UnitedHealth Group has mega-money for digital engagement is their Optum JV with Red Ventures’ health media properties. And UK keeps the funding going. But summer rain is depressing US digital health funding, SPACs, NHS England.
Home-based remote monitoring for Covid reduced hospitalizations, hospital length of stay: JAMA study (Important proof of efficacy, Froedtert Health Network/GetWell RPM)
Weekend reading roundup: Amwell’s Schoenberg opines to Politico; Teladoc’s new CMO also opines, SPACs are done, done, done (Managing telehealth press, SPACs ending a short run)
Weekend UK news roundup: NHS England’s growing bed shortage as backlog hits 6.6M, Inoapps software for US health vans, Data Driven Healthcare Birmingham 1 Aug, Oto raises £2.8M, WeWALK £1.7m in funding
Thursday news roundup: RVO Health JV combines Optum-RV Health consumer health assets; Holmes sentencing for Theranos fraud delayed (RVO Health all about the patient engagement)
The clunk continues: Q2 2022 digital health funding fades to $4.1B in Q2, down 50% from 2021 (Back to 2019 if we’re lucky)
Summer’s in swing and resembling a normal season, but are there July-type storm clouds on the horizon (other than inflation and government upheaval, of course)? Certainly, the day he knew would arrive finally did for Theranos’ Sunny Balwani. The Feds may not stop at telemental health prescribing but look at reimbursed telehealth billing. The NoKos are sowing Maui ransomware all over health care. And yet another company–the retreaded Watson Health, now Merative–promises healthcare transformation. (Better news from Novartis with their Biome UK cardiac challenge.)
Weekend news roundup: Teladoc adds to Primary360; Novartis, Medtronic support UK digital cardiac startups; Bluestream adds PrimaryOne Health; NoKo ransomware threatens healthcare; more Fed scrutiny on telehealth Rx, billed time may be coming (The last a grey cloud on telehealth horizon. Biome UK applications close 31 August)
Two telehealth case studies: St. Luke’s University Health, CommonSpirit Health (How does your program stack up?)
Verdict Balwani: guilty on all 12 Theranos fraud charges (Limp defense, no jury sympathy)
Thursday news roundup: IBM Watson Health sale closed, now Merative; OneMedical inviting buyers–maybe; worst healthcare data breaches rounded up (Merative another ‘transformative company’, ho-hum)
AliveCor got an impressive initial decision from the ITC which may be bad news for the Apple Watch in the US. Teladoc’s CEO’s interview may not have been the best idea at this time. Telemental health Cerebral’s business practices apparently went over the line and down the street, while the jury’s out for Theranos’ Sunny Balwani. Bionic clothing for MS, Tunstall supports a Doncaster trust, and a bit of funding made it through. Have a happy 4th!
Weekend news, deal roundup: Teladoc CEO’s tapdance interview, VA EHR cost reporting now law, Tunstall-Doncaster Deaf Alliance partner, Cleveland Clinic’s $33M medtech spinoff (A curious way for Teladoc to damage control)
‘Bionic clothing’ to aid mobility tested for foot drop in MS patients (Watch this one)
Wednesday news roundup: PicnicHealth $60M Series C, can a downturn be good for digital health, Cerebral ran wild, a tart take on HIMSS and where it’s going (Bursting the funding bubble is beneficial, maybe. And HIMSS needs some rethinking.)
Theranos Summer Rerun: Sunny Balwani trial verdict countdown analysis (updated) (Will be updated until the verdict’s in)
US International Trade Commission initial determination: Apple infringed AliveCor’s patents (updated) (David got Goliath. Boink!)
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