Prime to Acquire 9 Hospitals from Ascension Illinois in a $370 Mn Deal August 22, 2024 Prime Healthcare is set to acquire nine hospitals from Ascension Illinois in a deal valued at over $370 million, according to recent regulatory filings.
Humana Settles $90 Mn Whistleblower Lawsuit Over Medicare Part D Fraud Allegations August 21, 2024 Humana, one of the largest health insurers in the United States, agreed to pay $90 million to settle allegations of fraud tied to its Medicare Part D contracts.
Johnson & Johnson to Acquire Israeli Medtech Firm V-Wave for Up to $1.7 Bn August 21, 2024 Johnson & Johnson had previously invested in V-Wave in 2016, signaling a long-standing interest in the company's innovative technologies.
Biden Administration Awards $21 Mn to UW for Cancer Moonshot Initiative August 21, 2024 The funding is directed towards UW and two other universities, Tulane and Rice, to develop advanced techniques for visualizing cancer cells on the surface of tumors post-surgery.
Elevance Health Partners with CD&R for National Primary Care Initiative August 20, 2024 Elevance Health, formerly known as Anthem, in collaboration with private equity firm Clayton, Dubilier & Rice (CD&R), launched a new care delivery platform, Mosaic Health.
Kaiser Integrates Abridge's AI Note-Taking Tool Across 40 Hospitals August 20, 2024 Kaiser Permanente, a major integrated nonprofit healthcare system, has partnered with Abridge, a startup specializing in AI-driven medical note-taking technology, to implement the technology across its network.
Blackstone to Acquire Majority Stake in Chartis from Audax PE August 20, 2024 Blackstone, a global investment firm, has planned to acquire a majority stake in The Chartis Group, a healthcare consulting and advisory firm, from Audax Private Equity.
AI Tool Detects Prostate Cancer 7% More Frequently than Radiologists: Study August 16, 2024 The study’s methodology included a comparison of AI results with radiologist assessments and a gold standard involving long-term patient outcomes, with an average follow-up of five years.
Critical Security Flaws in Microsoft's Azure Health Bot Service Discovered & Patched August 14, 2024 Tenable's research focused on a feature of the Azure AI Health Bot Service known as Data Connections.
Stryker to Acquire AI-based Healthcare Startup Care.ai August 14, 2024 Stryker views the acquisition as a strategic enhancement to its growing health IT offerings.
HHS Proposes Rule for Health IT Contractors to Meet Data Exchange Standards August 14, 2024 The rule, issued by the Office of the Assistant Secretary of Financial Resources (ASFR), seeks to enhance interoperability among health technology systems used in HHS contracts.
Carlyle Group to Acquire Baxter’s Kidney-Care Unit Vantive for $3.8 Bn August 14, 2024 Baxter began exploring options for its kidney-care business in 2022, shortly after its $10.5-billion acquisition of medical equipment maker Hill-Rom.