Never a dull moment

It’s summertime, but the livin’ hasn’t been easy for those trying to keep up with the frenetic pace of news in recent weeks. CMS dropped their proposed 2025 physician fee schedule, which introduced three new potential billing codes for digital therapeutics in mental health and underlined the need for Congress to make decisions on almost-expired telehealth flexibilities. The FTC released a scathing report on PBM practices, sparking rumors of possible lawsuits that could shake up the industry. A global Microsoft outage caused chaos for providers using their systems, leading to surgery cancellations, ambulance diversions, and widespread care delivery disruptions. To top it off, President Biden announced he would not seek reelection, opening the door for a new candidate with their own perspectives on healthcare. Like these last few weeks of summer, new developments just keep heating up.

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Headlines

Commure To Acquire Augmedix In $139M Deal As AI Scribe Competition Heats Up
Acquisition to consolidate AI point solutions into single, integrated platform for health systems Fierce Healthcare

Walmart Has Held Talks To Sell Its Shuttered Medical Clinics
Conversations with insurers like Humana might be path forward for closed centers Fortune

What’s Included In HHS’ New Interoperability Proposal?
HHS proposed new rule to improve healthcare data sharing MedCity News

Viome Launches First Personalized Toothpaste Using Biotic Data And AI
At-home saliva test results will tailor toothpaste formulas to meet individual health needs HIT Consultant

Roche Weighs In With Encouraging Early Clinical Data For Oral GLP-1 Drug
Phase 1 results for once-daily pill showed 6.1% of body weight lost within four weeks MedCity News

Recent Funding

  • Mental health provider marketplace Headway raises $100M
  • Thyme Care, a value-based virtual cancer navigation solution, secures $95M
  • Freshpaint reels in $30M for its healthcare privacy software solution
  • Thoughtful AI adds $20M to develop AI agents for revenue cycle management
  • Virtual and at-home physical therapy platform Kins picks up $7M
  • Modicus Prime grabs $3.5M to use computer vision to improve quality control in pharma