Pear Therapeutics files for bankruptcy

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Top Story Pear Therapeutics Files for Bankruptcy and Plans for Asset Auction in May Pear Therapeutics' Chapter 11 bankruptcy filing follows three corporate restructurings and the inability to secure additional financing to support commercialization of its FDA-cleared prescription digital therapeutics. An auction of Pear's assets is expected to happen in early May. Sponsored Content Interoperability and Price Transparency in the 21st Century Cures Act: A Payer's Perspective Presented by IMO Health and MedCity News Join us today at 2pm ET for this webinar sponsored by Intelligent Medical Objects as they explore how payers are meeting the needs of the 2016 21st Century Cures Act when it comes to providing unfettered access to structured medical data for members. Sign up and watch it here! Easter Egg Leftovers - You Can Still Save $400 Thanks Easter Bunny! These leftover Easter Eggs have Early Bird Priced INVEST 2023 Tickets in them. Hurry, get yours today before they are all gone on Thursday (4/13). Register Now!

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Hospitals and Medical Device Manufacturers Must Work Together on Cybersecurity Greater collaboration among healthcare providers, medical device manufacturers, and lawmakers and regulators will lead to predictability and consistency in cybersecurity management. Together, we can make even greater strides toward patient safety and a more secure and sustainable healthcare system. 4 Lessons Health Tech Companies Should Know to Reach $100M ARR A new study from Bessemer Venture Partners analyzed more than 100 venture-backed healthcare companies to determine the best strategies to scale to $100 million in annual recurring revenue. The report laid out a few main lessons health tech companies should know, such as the importance of nurturing relationships with early customers and making sure efficiency metrics are paid close attention. FDA Partial Hold on Cancer Drug Adds to Molecular Templates' Growing List of Woes The FDA has asked for more information about cardiac complications reported last year in a Phase 1 study for the Molecular Templates cancer drug, MT-0169. The partial clinical hold comes as the biotech works through a corporate restructuring as well as second Nasdaq de-listing notice. Report: More Traditional Medicare Enrollees Are Buying Medicare Supplement Coverage The share of traditional Medicare enrollees who bought Medicare Supplement coverage rose to 41% in 2021, compared to 35% in 2017, according to a report from America's Health Insurance Plans. Medicare Supplement enrollees are three times less likely to have issues paying medical bills than those who only have traditional Medicare. What Healthcare Organizations Should Know About Russian Hacking Gang KillNet The Health Sector Cybersecurity Coordination Center (HC3) recently issued a report letting healthcare organizations know that they are still being heavily targeted by KillNet, a Russian group of cybercriminals. The number of daily attacks KillNet waged against healthcare organizations using Microsoft Azure increased significantly between November 18 and February 17 — from 10-20 attacks per day in November to 40-60 attacks per day in February. Zocdoc Adds FQHCs to Marketplace To Support Medicare, Medicaid Beneficiaries Zocdoc, a healthcare marketplace, is adding Federally Qualified Health Centers (FQHCs) to its platform. Patients are now able to find and book appointments with FQHCs working with Zocdoc on the company's website or app, and can filter based on factors like specialty and location. What Lessons Can Healthcare Learn from Other Sectors to Improve Data Quality and Collection? A new white paper from Intelligent Medical Objects highlights how the aviation, military, law enforcement industries and other sectors confronted data challenges to improve data collection and what the healthcare industry can learn from these examples.

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MedCity Pivot: Blue Shield of California CEO Says Value of HealthTech Has Been Mixed So Far Paul Markovich believes in the value of health tech in managing both chronic diseases and in general health and wellness. In this episode, he talks about the company's Wellvolution platform and the digital tools that are offered there to members, now even to those on Medicaid. Listen Now

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