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Should CVS be allowed to own a pharmacy, PBM & payer?

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Versant-founded biotech Nested hatches with $90M and new take on cancer drugs

By Frank Vinluan Thursday, October 6, 2022 7:55 PM

Nested Therapeutics uses computational techniques to map mutations and protein structures, identifying previously unseen places where a cancer drug can bind. The Versant Ventures-founded startup is now out of stealth with two programs on the path to the clinic.

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Northwell invests $3M in AI firm seeking to better understand patients' emotions

By Katie Adams Thursday, October 6, 2022 7:20 PM

Northwell recently invested $3 million in Hume AI, an expressive communication research lab and AI startup. The health system is partnering with Hume to develop machine learning models designed to better understand patients' vocal and nonverbal communications.

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INVEST DH Pitch Perfect winner spotlight: How TALON is creating the model for price transparency regulations

By Marissa Plescia Thursday, October 6, 2022 6:58 PM

TALON was recently crowned winner of the Pitch Perfect contest at MedCity's Invest Digital Health conference in Dallas. The company offers a suite of solutions to help stay compliant with the Transparency in Coverage Rule.

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Study: Enrollees in high-deductible plans receive less substance use disorder treatment

By Marissa Plescia Thursday, October 6, 2022 6:42 PM

Enrollees in high-deductible health plans are 6.6% less likely to receive substance use disorder treatment than those without a high-deductible health plan. Having a high-deductible health plan led to 21% less health plan spending, but an increase of 14% in out-of-pocket spending. This can deter some receiving care, the researchers argued.

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Pennsylvania pharmacy owner must pay $4M for "no questions asked" oxycodone sales

By Amanda James Thursday, October 6, 2022 4:54 PM

A neighborhood pharmacy owner was the largest purchaser of oxycodone among retail pharmacies in the entire state of Pennsylvania by 2016 and pled guilty to charges of conspiracy and fraud.

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Genetesis rakes in $17.5M as its heart disease test prepares for market entry

By Katie Adams Thursday, October 6, 2022 3:38 PM

Medical imaging company Genetesis recently closed a $17.5 million Series C funding round, bringing its total funding to date to more than $40 million. Most of the funds will go toward clinical trials for the company's 5-minute test to detect ischemic heart disease, which uses magnetocardiography. Genetesis anticipates the test entering the market in early 2023.

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Demystifying FHIR APIs

By Miles Romney and RJ Gomez Thursday, October 6, 2022 2:00 PM

In migrating from HL7 v2 (or a proprietary format) to FHIR, your IT or engineering group will be teaching a dozen different systems to speak a new, highly technical language.

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California dreamin': A VC firm's vision for West Coast-focused biotech investment

By Frank Vinluan Thursday, October 6, 2022 11:56 AM

Red Tree Venture Capital has closed a $272 million fund focused on investing in West Coast life sciences companies. The firm's founders say they're filling a need by providing financial support for innovations emerging from the region's academic labs.

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Digital health solution: That shiny new object has your attention. Now what?

By Sahana Sharan Thursday, October 6, 2022 8:30 AM

Digital health could range from EMR to Remote Patient Monitoring (RPM) solutions. For the purposes of this article, we're focusing on patient interfacing solutions. Use these 15 screening questions to help your organization determine whether a solution is right for you.

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