Oracle’s Fusion Cloud Suite to smoothen cloud adoption for Mayo Clinic

Key Insights and Signals – Hospital & Healthcare

Mergers and Acquisition
Signify Health acquires Caravan Health for USD 250 Mn
The acquisition consists of USD 190 Mn in cash and USD 60 Mn in Signify common stock. In addition to the initial purchase price, the transaction includes additional contingent payments of up to USD 50 Mn based on the future performance of Caravan Health. Read More>>
Adelaide Oncology & Haematology joins the GenesisCare Network
The partnership brings together GenesisCare’s leading network of clinicians and centers, global clinical trials program, and unique access to novel therapies, alongside Adelaide Oncology & Haematology’s 25 experienced sub-specialist clinical oncologists, surgeons, and other physicians. Read More>>
Digital in-home care platform Hero forms partnership with Henry Ford Health System
Through the partnership, Henry Ford’s in-home care patients will have access to Hero’s platform to help with their medication regimens. The partnership reflects how health systems are embracing innovative solutions to care for patients in the home setting. Read More>>
Community Health Systems and Cadence partner to implement digital healthcare infrastructure
The partnership will deploy and scale Cadence’s remote patient monitoring (RPM) and virtual care solution across CHS’ national footprint, enhancing clinical care for thousands of patients. Read More>>
Mayo Clinic taps Oracle Cloud for business process Software
The health care non-profit will use Oracle Fusion Cloud Applications Suite and Oracle Fusion Analytics to power its business processes.  The Oracle Cloud software will support Mayo Clinic’s strategy to cure, connect and transform health care. Read More>>
Executive Movement
City of Hope names new Chief Clinical Operating Officer
Vince Jensen, will lead clinical operations on City of Hope’s main campus in Los Angeles and throughout its network of more than 35 care locations in Southern California. Read More>>
Healthwise names Andy Binder as Chief Operating Officer
Andy Binder will serve as a member of the company’s Executive Team and will oversee Healthwise’s product, technology, strategy, sales, and marketing initiatives. Read More>>

Key Insights and Signals in Medical Devices

Center setup and Expansion
Zimmer Biomet opens new ZBEdge Centre in Singapore
The company announced the opening of the ZBEdge Customer Experience Centre (CEC) in Singapore to boost robotics and medical technology transformation. The recent development is likely to strengthen Zimmer Biomet’s foothold in the emerging markets. Read More>>
Mergers and Acquisition
Capsa Healthcare announces the acquisition of Humanscale Healthcare
Capsa’s purchase of Humanscale Healthcare is the company’s seventh major brand acquisition in the last 11 years. Bringing Humanscale Healthcare within the Capsa portfolio of brands will provide the customers with solutions that transform healthcare delivery. Read More>>
UMC Health System partners with Omnicell for advanced services solutions
UMC Health System has selected Omnicell’s comprehensive portfolio of Advanced Services solutions to support key pharmacy initiatives, including acute care, outpatient, retail, and 340B program strategies. Read More>>
Opsen extends supply deal with Abiomed
The company announced a four-year extension to the supply agreement with Abiomed, Inc. to continue instrumentation of Abiomed’s Impella Heart Pump with Opsen’s patented optical sensor until April 2028. Read More>>
Executive Movement
AliveCor appoints Patricia Baran to serve as Senior VP, Healthcare Americas
In this role, Baran will report to Vincent Balsamo , Executive Vice President of Worldwide Sales. Baran will lead the Employer, Payor, and Health System business segments supporting AliveCor’s clients and their members with a complete cardiac care management solution. Read More>>

Key Insights and Signals in Pharmaceutical

Mergers and Acquisition
Collegium Pharmaceutical to purchase BioDelivery Sciences for USD 604 Mn
Collegium Pharmaceutical has signed a definitive agreement for the acquisition of all outstanding shares of BioDelivery Sciences International (BDSI) in an all-cash deal for USD 5.60 each share. According to the agreement, Collegium will start a tender offer for the takeover of the outstanding shares of BDSI. Read More>>
eTheRNA inks mRNA partnership with Merck
The research collaboration will target messenger RNA (mRNA) therapeutics using eTheRNA’s mRNA and lipid nano particle (LNP) technologies in various model systems. If successful, mRNA encoding antigens will be nominated by Merck KGaA relevant for human diseases. Read More>>
Pfizer extends partnership with Israeli drug development firm CytoReason
The extension of this collaboration with CytoReason will build upon Pfizer’s existing data science capabilities, and further enhance their ability to make data-driven decisions across the portfolio. Read More>>
Ipsen inks USD 400 Mn deal for consumer healthcare split
Under the deal, Ipsen and Mayoly Spindler would combine their respective CHC arms to create a global consumer healthcare platform with a critical size and the capacity to support its growth. The sell-off is meant to produce a leaner company with a central focus on specialty care. Read More>>
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Latest Industry Insights from Draup Braindesk

Zynx Health

  • Zynx Health offers enhanced order sets and care plans, which help the organizations drive care standardization and support the early identification of high-risk individuals. 
  • The company developed a content library containing guidance on treating patients who may be affected by the coronavirus. 
  • Zynx Health focuses on expand its ZynxCare catalog to feature body systems content which provides guidance to nursing staff on various body systems to address a variety of problems from an evidence-based approach. 
  • The company focuses on partnering with vendors which are innovating in the emerging technologies such as Artificial Intelligence, Healthcare information technology, Digital health for customer requirements.

Funding Alert

MindMaze raises USD 105 Mn in funding to accelerate commercial growth
The company intends to use the funds to accelerate its global commercial growth plans, charge ongoing R&D and consolidate the clinical development pipeline of its digital therapeutic solutions for a wide spectrum of neurological diseases. Read More>>

Startup Spotlight

Company – MPAC Healthcare
Total Funding USD 4.72 Mn
About: MPAC Healthcare is a proven industry leader in providing clinical solutions to skilled nursing and long-term care facilities. MPAC develops programs aimed at reducing hospitalizations and enhancing clinical outcomes. The company’s holistic approach incorporates a thoughtful balance of on-site clinical coverage, cutting-edge technology, and robust tracking and reporting systems. Read More>>

Latest Reports Published in Draup

98point6 Inc. – Account Intelligence Report
98point6 Inc focuses on approaching primary care by combining AI and machine learning with board-certified physicians and making primary care more accessible and affordable. Read More>>
MedStar Health – Account Intelligence Report
MedStar Health focuses on improving connected care models, video and phone-based telehealth visits, patient portal messages, remote patient monitoring tools by developing chatbots. Read More>>

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