Health care industry
AI health-care startup OpenEvidence raises funding from Sequoia at $1 billion valuation
Medical technology, AI technology is utilized by doctors for diagnosing increasing the accuracy of patient treatments. Medical research and development innovation technology to improve patient health. Pcess609 | Istock | Getty Images AI startup OpenEvidence is raising a fresh round of capital from Sequoia to scale its chatbot for doctors. The new $75 million cash […]
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Hims & Hers to offer at-home blood draws and lab testing with new acquisition
Hims & Hers Health announced Wednesday it has acquired New Jersey-based at-home lab testing facility Trybe Labs. The deal will allow the telehealth company to offer at-home blood draws and more comprehensive pre-treatment testing to its users. “Access to richer data allows us to deepen the insights that providers can use on our platform to […]
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Measles outbreak grows bigger in rural Texas, and officials expect more cases
A vial of the measles, mumps, and rubella (MMR) vaccine is pictured at the International Community Health Services clinic in Seattle, Washington. Lindsey Wasson | Reuters At least 58 new cases of measles have been reported across northwest Texas in recent weeks, state health officials said Tuesday, in a “highly contagious” outbreak that might be linked to […]
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High-cost sickle cell gene therapies push insurers and Medicaid programs to find new payment models
Starting in his early teens, Deshawn “DJ” Chow wasn’t sure he’d ever be able to live a normal life. Crushing pain episodes brought on by his sickle cell disease were getting progressively worse. “It’s just been hard skipping school and always being in and out of the hospital,” the 19-year-old said. “And just severe […]
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Innovaccer launches AI agents for doctors and hospitals to address burnout
Innovaccer CEO Abhinav Shashank. Courtesy: Innovaccer As doctors and nurses face historic rates of burnout, Innovacer says artificial intelligence is here to help. The health-care data company on Monday announced a suite of AI agents that are designed to automate repetitive, “low-value” tasks for clinicians. “We just don’t have enough capacity in the health system to […]
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Trump administration cuts reach FDA employees in food safety, medical devices and tobacco products
FILE PHOTO: The headquarters of the U.S. Food and Drug Administration (FDA) is seen in Silver Spring, Maryland November 4, 2009. Jason Reed | Reuters The Trump administration’s effort to slash the size of the federal workforce reached the Food and Drug Administration this weekend, as recently hired employees who review the safety of food […]
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Trump’s drive to reshape government threatens bird flu response
A rooster roams on a farm on January 23, 2023 in Austin, Texas. Brandon Bell | Getty Images As avian flu drives egg prices to record levels and increasingly poses a risk to humans, moves by the White House to cut spending and restrict communications have hobbled public health officials’ response, with the new administration yet to outline a […]
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Moderna beats on revenue but loses more than expected as it scales down manufacturing
Moderna on Friday posted fourth-quarter revenue that beat estimates, but lost more than expected for the period, as the biotech company continues to slash costs and demand for its Covid vaccine falls. It marks another quarter of growing pains for the company, which is racing to launch new products and recover from the rapid decline […]
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CVS shares are up 45% this year — here’s why it may be starting to turn its business around
The CVS pharmacy logo is displayed on a sign above a CVS Health Corp. store in Las Vegas, Nevada, on Feb. 7, 2024. Patrick T. Fallon | AFP | Getty Images After a dismal 2024, CVS Health could be starting to turn itself around. Some investors seem convinced, especially after the retail drugstore chain on […]
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Senate votes to confirm Robert F. Kennedy Jr. as health secretary
The GOP-controlled Senate voted Thursday to confirm Robert F. Kennedy Jr., a longtime anti-vaccine activist, to lead the country’s most powerful health care agency. Kennedy was confirmed as health and human services secretary on a mostly party-line vote of 52-48. Sen. Mitch McConnell, R-Ky., broke ranks on yet another of President Donald Trump’s Cabinet nominees, […]
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