This week in Healthcare: Payors harness advanced data analytics to provide members with a seamless, tailored experience

Latest Industry Insights from Draup Braindesk

AI is being utilized in healthcare to give medical recommendations to patients and aid in illness prediction from the outset or even before it reveals itself. 

  • Varian Medical has announced that it invested an unspecified amount in Oncora Medical and launched its Ethos artificial intelligence radiotherapy device.  

  • Konica Minolta Precision Medicine has acquired Backpack Health (BPH) assets, a secure mobile and web-based health data management platform.  

  • 3DQuorum technology works in tandem with Hologic’s Clarity HD high-resolution imaging technology to reduce tomosynthesis image volume for radiologists.  

Companies are actively partnering with their peers to enhance the patient-centric experience by providing industry-leading technological solutions for chronic care management.  

  • Chronwell launched Care Management Program, which focuses on targeted populations by offering remote, technology-enabled products and services. 

  • Humana launched a pilot for chronic care management platform, Humana Care Support which harnesses enhanced data analytics to create an integrated, personalized experience for members. 

  • Advanced analytics and artificial intelligence (AI) on Intel architecture is used to deliver better care for patients with chronic ailments while also reducing costs to insurers by up to 50% per patient. 

Appointment reminders, Remote patient monitoring, Chatbot are the key solutions involved in the Patient Engagement Platform. 

  • Datos and Medical Early Sign partnered to offer an integrated platform that identifies high-risk patients who would benefit from remote care programs.  

  • Patientpoint and Outcome Health partnered to create a new PatientPoint Health Technologies platform to deliver improved patient outcomes and a more personalized, relevant patient experience. 

  • Philips and OpenDoctor partnered to deliver an integrated radiology patient engagement platform that leverages OpenDoctor’s real-time online appointment scheduling services as part of Philips’ newly launched Patient Management Solution. 

Latest Reports Published in Draup

Johnson & Johnson Account Intelligence Report: J&J is keen to develop surgical and AI-based solutions for drug development and strengthen its leadership across the healthcare sector. Read More>>
Anthem + AIM Specialty Health Account Intelligence Report:  Anthem is engrossed with collaborations and initiatives to develop tools that help public service groups to combat COVID-19. Read More>>

Key Funding Alert

Google-backed mental health startup Wysa closes $5.5M in Series A round  
Wysa will use this capital to provide its offering to employers who want to expand their mental health benefits and scale up its sales team and therapist network. 
Read More>>

Startup Spotlight

Company – Congenica 
HQ Location – Cambridge, United Kingdom
Total Funding – USD 99.1 Mn
Year of Establishment – 2012
About: Congenica® is the world’s leading software for the analysis, interpretation and reporting of genomic data. Read More>>

Key Insights and Signals – Hospital & Healthcare

Apollo Hospitals to offer antibody cocktail Casirivimab and Imdevimab to treat mild Covid-19 cases 
This treatment uses Casirivimab and Imdevimab, popularly being called an ‘antibody cocktail’ now available in India. Read More>>
Hanwha joins forces with LEAP for Redback lifecycle support 
The Redback is under consideration by the Commonwealth under an ongoing tender process for Project Land 400 Phase 3, which is an $18 billion to $27 billion project tasked to acquire up to 450 IFVs for the ADF. Read More>>
The Memorial will partner with OhioHealth to provide the COVID-19 vaccine 
Fans who choose to be vaccinated at the convention will be required to fill out an Ohio Health survey during their visit and will be automatically enrolled as a patient. Read More>>
Select Geisinger facilities introduce biometric check-ins 
The new check-in option is now available at Geisinger Jersey Shore, Geisinger Lycoming, Geisinger Medical Clinic Lock Haven, and Geisinger Women’s Health Lewisburg. Read More>>
GSK announced as a principal partner of COP26 UN Climate Change Conference 
As Principal Partner, GSK will drive action on climate, nature, and health targets to support COP26 ambitions. Read More>>
Mergers and Acquisitions
Doctor On Demand, grand rounds purchase LGBTQ care navigator Included Health 
It’s the first acquisition since the telehealth giant and care navigator closed their merger earlier this month and the first of an LGBTQ-specific platform by a major telehealth company. Read More>>
Australia’s Ramsay Health Care to buy UK’s Spire for $1.4 billion 
Ramsay will work closely with the Department of Health & Social Care to ensure all shared objectives are closely aligned, and we stand ready to support the NHS in tackling the significant increase in waiting lists and the return of elective procedures in the UK. Read More>>
PharmEasy acquires Medlife 
This acquisition significantly strengthens PharmEasy’S position in the healthcare industry and further helps PharmEasy provide quality healthcare to a more significant number of Indian households. Read More>>
Sunway ramps up pharma retail presence via the acquisition of Multicare 
Sunway entered the retail pharmacy market in 2016 with Sunway Pharmacy, which currently has 12 retail outlets in the Klang Valley and one in Johor. Read More>>
Executive Movement
Sentara names chief of staff, chief administrative officer 
Before joining DHG, Melinda Hancock was the Senior Vice President and Chief Financial Officer for the Virginia market of Bon Secours Health System. Read More>>
Cleveland Clinic names Miguel Regueiro, M.D., chair of the digestive disease & surgery institute 
Dr. Regueiro’s primary clinical and research interest is inflammatory bowel diseases (IBD), focusing on the course of these diseases and postoperative prevention of Crohn’s disease. Read More>>
Hartford HealthCare names Fairfield region president 
William Jennings is a healthcare leader with a great vision and passion for improving the health of the communities. Read More>>

Key Insights and Signals in Pharmaceuticals 

Roche, Canadian Organizations launch real-world evidence framework in British Columbia 
Experts will also gather real-world evidence on the impact of comprehensive genomic testing used to determine the suitable treatment options for cancer patients within the initiative. Read More>>
Merck launches synthetic cholesterol product to meet the high demand for lipids 
This neutral lipid, used in commercially marketed products, is more than 99 per cent pure; offers high batch-to-batch consistency, and is scalable under commercial GMP. Read More>>
Cytiva And Multiply Labs collaborate to automate cell therapy manufacturing 
Creating a fully automated robotic system will bring industrial scale reliability to cell therapy manufacturing while providing speed and flexibility. Read More>>
CytoReason and Ferring pair up, using AI to improve IBD drug options 
The collaboration leverages CytoReason’s extensive library of public and proprietary molecular data to gain critical information on the body’s functioning and address IBD at the cellular level. Read More>>
Camfil and Sinopharm form air filtration strategic cooperation 
The strategic partnership between Sinopharm GEPTECK and Camfil Group China will bring opportunities to both parties and give full play to their joint technological advantages, product advantages, market advantages, and platform advantages. Read More>>
Mergers and Acquisitions
Prestige Consumer Healthcare to acquire Akorn’s brands for USD 230 Million 
Under the terms of a definitive agreement signed by the companies, Prestige will buy Akorn’s over-the-counter brands  TheraTears®, Diabetic Tussin®, MagOx®, Multi-betic®, and Zostrix®. Read More>>
Carlyle Group to acquire pharma firm Vectura for $1.4bn 
Through this acquisition, Bidco believes that Vectura can speed up its transformation with access to investment and support. Read More>>
AstraZeneca prices £691mln bond offering linked to Alexion Pharmaceuticals acquisition 
The pharma giant has already received approval in the US, Canada, Brazil, Russia but is still waiting for the green light from the EU and Japan. Read More>>
Executive Movement
Tectonic hires McNamara from Novartis’ GNF to head up research   
Peter McNamara joins Tectonic from the Genomics Institute of the Novartis Research Foundation (GNF), where he rose to head of biotherapeutics and biotechnology over 16 years at the group. Read More>>
Celmatix appoints Merck R&D veteran Stephen Palmer to chief scientific officer role 
Dr. Stephen Palmer joins the Celmatix executive team to lead the company’s drug discovery and development efforts in ovarian health as Chief Scientific Officer. Read More>>
Eli Lilly hires Greg Daniel as head of global public policy 
Daniel will be responsible for leading the company’s federal and state policy efforts, focused on barriers to innovation, access, affordability and global competition in the industry. Read More>>

Key Insights and Signals in MedTech

Thermo Fisher’s (TMO) new alliance boosts electron microscopy 
This latest alliance is expected to augment its progress with its Materials and Structural Analysis business within the broader analytical instruments segment. Read More>>
Well Pharmacy partners with Omnicell to help give time back to care 
This partnership will highlight Omnicell’s innovative eMAR solution to more than 350 care homes across the UK in a bid to help reduce medication errors, improve patient safety and operational efficiencies so that care staff can spend more time on face-to-face patient care. Read More>>
Microba Life Sciences and Illumina partner to accelerate microbiome research 
The partnership will bring together Microba’s high-quality proprietary gut microbiome analysis platform with Illumina’s revolutionizing Next Generation Sequencing tools to generate the accurate metagenomic data researchers require to make new discoveries. Read More>>
Mergers and Acquisitions
Medline Industries’ USD 286 Million acquisition of certain respiratory products from Teleflex 
As part of the acquisition, Medline will bring two manufacturing facilities into its portfolio of more than 20 existing North American plants:  A respiratory sterile water products manufacturing plant in Arlington Heights, Ill., and a manufacturing facility producing various respiratory consumables in Nuevo Laredo, Mexico. Read More>>
Assessing the oncology IT impact of the Siemens-Varian acquisition 
With the process now complete, we explore how this move will shape the oncology IT landscape going forward and our expectations for the new expanded Siemens Healthineers. Read More>>
SeaSpine announces closing of 7D Surgical acquisition 
7D Surgical’s flagship FLASH™ Navigation System delivers significant improvement to surgical workflows in spine and cranial surgeries.  Read More>>
British Lithium from Roche patents new extraction process 
British Lithium was the first company to discover a sizable lithium deposit in the UK, develop a novel technique for sustainably extracting lithium, and show battery grade lithium can be produced from Cornish granite. Read More>>
Moderna sees no impact on COVID-19 vaccine from potential patent waive 
Moderna has faced its hurdles scaling up production with some shortfalls in the manufacturing supply chain, including Swiss contract manufacturer Lonza Group, leading to delivery delays in Europe. Read More>>
Abbott unit prevails in a dispute over catheter patent 
The disputed patent covers a catheter system that can be inserted into the coronary sinus of the heart, allowing medical professionals to administer fluids and introduce pacing leads to the coronary sinus. Read More>>
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