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Foresite, GV pour $40M into startup to fuel research

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Arguing that VC investment in telehealth is "ad hoc" new $75M teleheath-only fund launches

By Michael Schroeder Thursday, January 27, 2022 7:13 PM

The venture capital firm conducted a 12-month exhaustive search and found no dedicated venture fund for telehealth, Sid Jawahar, its founder and managing partner said. Swiftarc Telehealth will focus initially on obesity care, mental and behavioral health, and pediatrics.

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Georgia bill aims to limit profits of Medicaid managed-care Companies

By Andy Miller and Rebecca Grapevine, Georgia Health News Thursday, January 27, 2022 6:41 PM

Georgia lawmakers will consider a bill that could force the state's Medicaid managed-care insurers to repay millions of dollars if their spending on medical care doesn't reach a certain threshold.

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Foresite and GV pour $40M into startup's move to CHIP into new disease biology

By Frank Vinluan Thursday, January 27, 2022 3:03 PM

TenSixteen Bio has emerged from stealth aiming to develop drugs for diseases caused by genetic mutations accumulated as we age. The startup has been incubating within Foresite Labs and it now has $40 million to finance its research into this new realm of biology.

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3 forecasts for the PBM industry in 2022

By David Fields Thursday, January 27, 2022 2:30 PM

The current landscape heading into 2022 will keep pharmacy benefits under the microscope. Plan sponsors will evaluate their PBM's pricing model to determine if their contract will deliver predictable costs, more opportunities for increased savings and improved care for their members.

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Palliative care: An essential resource in caring for those with advanced illness

By John Mulder Thursday, January 27, 2022 1:12 PM

Palliative care must be the standard of care for all who have been diagnosed with progressive, advanced, and terminal illnesses. Never should we hear the phrase, "I'm sorry, there's nothing more I can do," when physicians encounter the failure of a curative course of therapy.

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With Covid-19's impact on the healthcare industry and employers, our new jobs section is here to help

By Stephanie Baum Thursday, January 27, 2022 11:01 AM

Employers can now submit open positions to the Jobs section on the MedCity News website.

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