News

By Laura Lovett June 28, 2019
  Google and the University of Chicago Medical Center are being sued for violating patients' privacy following a data-sharing partnership that the two parties inked two years ago. A new class action lawsuit, which was first reported on by the New York Times, accuses the hospital system of sharing data with the tech conglomerate that could be identifiable, namely doctor’s notes and the time frame...
By Dave Muoio June 28, 2019
Months after the first rumors began to swirl, chronic disease management startup Livongo Health has officially filed for an IPO on the Nasdaq Global Select Market. The company has not yet determined a price range or the number of shares going on offer. Morgan Stanley & Co., Goldman Sachs & Co. and JP Morgan Securities will serve as the lead book runners. Sources close to Livongo told...
By Leontina Postelnicu June 28, 2019
Funding news. UK social care employment marketplace Florence has announced it raised £5m in a series A financing round led by SEEK. Waverly Capital and Rianta Capital also participated, as well as a network of early stage angel investors not named. Florence aims to help healthcare professionals find local jobs, and, since 2017, it says over 20,000 nurses have registered on its platform. The new...
By Jonah Comstock June 28, 2019
One easy mistake for an organization to make is to think of innovation as a project that can be finished. Certainly healthcare systems have seen success with large-scale transformation projects with set end dates that can be said to be concluded. But the nature of innovation is that it’s ongoing, not just because technology is always advancing, but also because the needs of patients and providers...
By Dean Koh June 28, 2019
Buzzwords like Artificial Intelligence (AI) and machine learning are commonly heard at conferences and industry events and they often conjure up images of robots or killing machines from the Terminator. However, panelists from the Innofest Unbound conference in Singapore all felt that technologies such as AI should not replace humans as it is commonly imagined – rather, they should augment the...
By Laura Lovett June 27, 2019
On Monday, online patient support community PatientsLikeMe sent an email to its members announcing that it inked a deal with UnitedHealth Group, becoming part of the latter’s research branch.  While both companies were upbeat about the deal, the public’s reaction has been far from universally positive. Concerns around privacy and data sharing in particular began to surface on social media, as...
By Dave Muoio June 27, 2019
Meaningful change never comes without a bold first step, and healthcare’s innovators, much like hockey players, will miss 100% of the shots they don’t take. But while The Great One’s mantra lauds those visionaries unafraid to take a chance, the reality is that any meaningful changes within a healthcare organization come at the risk of patients’ lives and millions — possibly even billions — in...
By Nazila Hafezi June 27, 2019
A new meta data study published last week in npj Digital Medicine found an overall lack of standardized measures for the quality and effectiveness of mental and behavioral health apps. In the study, researchers suggested the need for up-to-date app guidance for consumers and clinicians alike. “Our results suggest that there is a growing need for: standardized behavioral health app quality and...
By Laura Lovett June 27, 2019
Pain relief-focused health tech startup Oska Wellness landed $5.5 million in funding yesterday. The new cash comes from a collection of 11 individual investors, as well as venture funds GlobalLink1 Capital and Falls Angel Fund.  WHAT THEY DO  The California-based startup developed a device to help pinpoint and reduce a user’s pain. Using pulsed electromagnetic field therapy, the wearable device ...
By Dave Muoio June 27, 2019
Teladoc Health has tapped Mala Murthy as its latest CFO, the telehealth company announced on Tuesday. Murthy most recently held a CFO post within American Express’ Global Commercial Services Segment, where she oversaw financial planning and analysis, M&A and investment and operating expense management. “Teladoc Health has reached an exciting and pivotal time in the company’s history and I’m...

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