New plumbing for healthcare’s pipe dreams
It’s long overdue—the AI-powered future of healthcare calls for clearing old pipes and installing new ones. The FDA overhauled its 16-year old guidance on premarket submissions for software-based medical device features, defining tighter requirements around software validation and risk analysis. Meanwhile, CMS released its 2022 physician fee schedule—it establishes the first national pricing for autonomous AI diagnostics and extends behavioral telehealth coverage. Commercial players also broke ground on new infrastructure projects, with Verizon planning a 2022 launch of its 5G Connected Health Centre and, under new leadership, Cerner announcing its intent to reorganize and double down on interoperability and predictive analytics. As regulators and innovators continue to replumb for tomorrow’s AI, healthcare’s pipe dreams just might be realized.
Headlines
Alphabet Has A New Drug Discovery Company Building On DeepMind’s AI Chops
DeepMind CEO to head Isomorphic Laboratories, Alphabet’s newest life sciences venture STAT
Teladoc Plans To Fend Off Competitors By Building A Full Suite Of Products
CEO says point solutions are out, platforms are in, alludes to new additions MedCity News
Independence Blue Cross, Podimetrics Enter Into Deal To Monitor Diabetic Members
Rock Health port co partners on earlier intervention for diabetic complications Becker's
A Progress Report On Big Retail’s Healthcare Ambitions
Retailers are still in the early stages of working toward lofty healthcare goals STAT
EverCommerce Acquires DrChrono To Expand Solutions For Independent Practices
Rock Health port co expands its reach to 72,000 practices HIT Consultant
The Role Of Care Navigators
Differing views from the executives of Transcarent and Accolade MedCity News
Documentation Software Provider Augmedix Lists On Nasdaq
Rock Health port co raises $40M in its IPO Renaissance Capital
Recent Funding
- Papa adds $150M to scale up its “family-on-demand” service for seniors
- Biolinq picks up $100M to kickstart development of its glucose sensor patch
- Notable, which builds automated systems for healthcare admin, announces $100M
- Digital infrastructure for value-based care Enlance Health (formerly Aver) bags $58M
- Medallion, which offers automated credentialing tools for physicians, notches $30M
- Wellinks scores $25M for its integrated virtual COPD management solution
- Healthcare analytics for ambulatory care WhiteSpace Health nets $18M
- Continuous blood pressure monitoring wearable Aktiia grabs $17.5M
- Teletherapy and psychiatry solution Valera Health raises $15M
- Pediatric sleep care app Huckleberry closes on $12.5M
- Internet of Medical Things (IoMT) risk management platform Asimily secures $10M
- Braincheck, a digital assessment tool for cognitive impairment, banks $10M
- BeMe Health funnels $7M into teen mental health
- Online directory for senior living resources Seniorly lands $6.5M
- At-home microbiome testing and gut health startup Ombre nabs $3M