9/24/18

The Rock Weekly

What’s wrong?

A well-funded startup lands a partnership with a leading cancer institution to mine 25M patient data points in an effort to save lives. So what’s wrong? Doctors are upset about a lack of transparency and the potential for a startup to profit off of their decades of experience. Patients are concerned their data will be commercialized by a profit-driven venture. And nonprofit law experts question whether the charitable hospital provided assets to insiders at below-market value. There’s more to the MSK/Paige.AI relationship igniting an uproar and providing lessons for entrepreneurs and innovation teams.

Headlines

Sloan Kettering’s Cozy Deal With Startup Ignites A New Uproar
Staff objected to for-profit venture that could be lucrative for some researchers, board members The New York Times

Fitbit Launches New Enterprise Platform For Health And Disease Management
Fitbit has more than 1,600 enterprise health customers MedCity News

The Application Of AI To Augment Physicians And Reduce Burnout
AI that “augments” physicians may be more realistic and broader reaching Health Affairs

Does Obamacare Mandate Coverage Of Natural Cycles' Contraception App?
“This is now an FDA-approved method" STAT

Readers Mostly Support FDA Pre-Cert, Hungry For More Details
Poll prompts questions about the program's fairness to companies big and small MobiHealthNews

Major Life Insurance Company Will Only Sell Interactive Plans That Track Data
“The longer people live, the more money we make” Reuters

Justice Department OKs Cigna's $52B Acquisition Of Express Scripts
The decision also sends a signal for CVS Health's acquisition of Aetna MedCity News

All-Payer Claims Databases: A Work In Progress
Rhode Island is home to a whole lot of activity to get healthcare costs under control Modern Healthcare

Cool jobs alert: Health Data Analyst at Amino, Events Manager at Honor, Senior Product Designer at Stride Health, and Customer Success Manager at Benchling. See more on our jobs page.

Rock Health in the News

Cigna To Expand Omada Partnership Nationwide To Employer Customers
BCBS Michigan also tapped Omada to help patients prevent diabetes  MobiHealthNews

Virta CEO: Truly Innovative Companies Shouldn't Fear Building Things Themselves
Through trial and error, Inkinen found his diabetes care model didn't fit nicely into the status quo MobiHealthNews

Recent Funding

  • Telehealth service Ro raised $88M to help you quit smoking
  • Consumer gut health company uBiome is jumping into drug discovery with an $83M Series C
  • OODA Health, which is enabling real-time healthcare claims payments, closed $40.5M
  • CareStack, a cloud-based enterprise platform for the dental industry, closed $16M
  • Telemedicine company SnapMD raked in $7.1M to bolster sales and marketing efforts

+ Andy Slavitt’s Town Hall Ventures secured $115M for its first fund focusing on vulnerable populations

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