Testing the Midas Touch

Last week’s movers and shakers of healthcare? The Fortune Three: the three largest companies in the U.S. Walmart made waves with trademark filings that suggest plans to conduct clinical trials and scientific research, on the heels of Fortune Fiver CVS Health’s proclamation to do the same last year (with Walgreens following suit). If Walmart can convince consumers they’re a trusted healthcare provider, their scale could meaningfully expand the demographics of people enrolled in clinical trials. Meanwhile, Amazon’s decision to shut down Amazon Care shortly after announcing the One Medical acquisition has healthcare nerds like us extolling the virtues of buying over building (when you’ve got the cash). Last but not least, Apple will kick off a study to test Apple Watch’s potential to prevent strokes—and with it, how impactful the device can be after years of investment in its healthcare capabilities. Everything these companies touch generally turns to gold, but ambitions of succeeding in healthcare—and positively impacting patient outcomes in the process—will test that Midas touch.

From talent wars to belt tightening—how can you prepare to ride the waves of tricky market conditions? In this Rock Health Summit Virtual Series panel, our GM of Consulting Sari Kaganoff moderates a discussion with panelists André Blackman, Onboard Health; Shawna Khouri, Tulsa Innovation Labs; and Lee Shapiro, 7Wire Ventures as they share perspectives on how to weather challenging times, build workforce resilience, and prepare for and manage through change.

For more conversations on digital health’s most important issues,
join us virtually at Rock Health Summit 2022.

Headlines

A Coat Of Paint Or New Construction: What’s Really Happening In Care Delivery?
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FTC Sues Kochava For Selling Data That Could Unmask Abortion-Seekers
Complaint states marketing data company published actual data and failed to protect consumers CNN

DTC ‘Explosion’ Likely, Though Systemic Headwinds Deserve Attention
Five considerations that will either expand or limit direct-to-consumer potential Healthcare Investment Services News

Everyone Loves A Platform, Especially Biotech Investors
VCs are investing in biotech platforms that create new molecules for drug development Crunchbase News

AWS Selects 10 Startups For Its 2022 Healthcare Accelerator
New batch of startups focus on health equity Fierce Healthcare
 

Recent Funding

  • Connected pharmacy care provider MedMinder collects $35M
  • 98point6 scores $20M to scale licensing for virtual care technology
  • Olio Health pulls in $13M for post-acute care and population health workflow software
  • Avenda Health adds on $10M to personalize prostate cancer care
  • Power snags $7M to expand patient access to clinical trials
  • Real-world health data company CuriMeta launches with $6M
  • Adolescent mental health startup Alongside locks in $5.5M
  • Aesop Technology raises $2.95M to scale its AI-powered clinical decision support tools
  • Healee secures $2M for customizable digital health infrastructure