Venture Capital investment in healthcare grew to $23 billion in 2024, up from $20 billion in 2023, as artificial intelligence established itself more firmly in the healthcare sector, according to the latest market insights report from Silicon Valley Bank (SVB).
Indiana University Health Affiliated Covered Entity (IU Health) said last week that it detected unusual activity linked to a team member’s email account, which resulted in some information being compromised, specifically a limited number of Social Security numbers.
Medicare Advantage plans get a 4.3% pay hike in a proposal released by the Centers for Medicare and Medicaid Services on Friday. If finalized, the proposed 2026 Advance Notice would result in a net increase of over $21 billion to MA plans in 2026.
Threat actors could be looking at women’s health data as valuable due to its sensitivity in certain states, says Deepak Prakash, CTO and cofounder of Sonio, a cloud-based OB-GYN reporting software.
Duke Health is the latest health system to partner with Abridge on generative AI for clinical documentation. Duke Health, headquartered in North Carolina, and Abridge signed an enterprise-wide agreement in late December to deploy the AI platform to 5,000 clinicians at more than 150 primary and specialty clinics. The news was announced on Thursday.
Citing lower retail sales, Walgreens said it has lost $265 million in its first fiscal quarter, which ended November 30 – a sharp decline
Inova Health System recently attained the Joint Commission’s Responsible Use of Health Data certification after taking part in a pilot for ensuring structure, governance, reliability and accountability around managing data for non-patient encounter events, says Matt Kull, Inova’s chief information and digital strategy officer.
Cincinnati Children’s Hospital plans a major expansion at its Liberty Campus, which will double inpatient capacity and add surgical operating rooms as part of a $365 million project. The project will also include construction of a large medical office building next to the hospital, accommodating numerous outpatient specialty clinics.
Blue Shield of California is undergoing a corporate restructuring, and as part of that effort has tapped Lois Quam to serve as its new chief executive officer. Quam, who joined the company in 2024, becomes the first woman in the health plan’s 86-year-old history to serve as CEO.
Healthcare technology company H1 has acquired data management software company Ribbon Health for an undisclosed sum with a mix of cash and stock, the company said this week. Ribbon’s platform facilitates how patients find the right doctor across digital health and insurance platforms, H1 said.