Category: ROOT

Illumina launches new AI-powered disease prediction tool

Biotech and precision medicine giant Illumina unveiled PrimateAI-3D, a new artificial intelligence algorithm that predicts disease-causing genetic mutations.

Baptist Health Foundation snags largest-ever donation

Baptist Health Foundation, the philanthropic arm of Louisville, Ky.-based Baptist Health, received a $2 million donation from Commonwealth Credit Union, the largest-ever donation to the foundation, Credit Union Times reported June 1.

3 states looking to rein in facility fees

While some hospital associations maintain that facility fees are key to the financial well-being of hospitals, legislators across the country are taking action to clamp down on facility fees with the aim of reducing healthcare costs.

Bayer launches precision health unit

Pharmaceutical and biotech giant Bayer is launching a new precision medicine unit that will focus on the creation of digital health tools.

Biden likely to tap physician to head CDC

President Joe Biden is likely to tap North Carolina Department of Health and Human Services Secretary Mandy Cohen, MD, to head the CDC after Rochelle Walensky, MD, departs June 30, according to The Washington Post.

4 healthcare AI companies raising capital

Artificial intelligence is all the rage right now, and healthcare companies using AI are raising some massive hauls.

Ardent installs new digital health platform

Nashville, Tenn.-based Ardent Health Services is installing a new digital health platform through a partnership with Loyal.

Allegheny Health trims operating loss to $36.2M as patient volumes rebound

Pittsburgh-based Allegheny Health Network, part of Highmark Health, posted an operating loss of $36.2 million in the first quarter, a significant improvement on the $105.5 million loss for the same period last year. 

Why Optum's lack of 'checks and balances' concern 1 CEO

According to Michael Meyers, president and CEO of Manhasset, N.Y.-based medtech company Meyers & Gerard Medical, Optum’s quick growth and acquisition of physician groups is a cause for concern. 

Optum's strength in 5 stats

Optum, parent company of ASC chain SCA Health, is the largest employer of physicians in the country.