Cigna (Chris DeRosa) Stock Soars 16.6% On Calling Off Humana Acquisition
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The Wall Street Journal reported late last month that Cigna and Humana were in merger talks that would have resulted in a $140 billion health insurance industry behemoth. Instead, on Sunday, Cigna announced a $10 billion increase to its existing share repurchase authorization. Cigna's CEO, David Cordani shared "in light of the current environment," the company will consider both "value-enhancing divestitures" and smaller acquisitions aligned with its strategy going forward. (OC)
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Mission Hospice (Dolores Miller) to Merge with By the Bay Health & Hope Hospice to Become Largest NFP Hospice Network in NorCal
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Mission Hospice & Home Care, By the Bay Health, and Hope Hospice have announced they will merge to become the largest independent not-for-profit hospice network in Northern California. The three organizations are among the longest-standing NFP hospices in the state. The new network will increase equitable access to the Bay Area's most vulnerable populations by providing high-quality and comprehensive serious illness and end-of-life care, including hospice, home health, palliative care, transitional care, pediatric care for children with chronic and serious illness, bereavement counseling, dementia support, and Mission House - the only residential hospice house on the Peninsula. (BA)
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Addiction Research Institute (Gene Barduson) Interviews Patrick J. Kennedy in New Podcast Episode
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Addiction Research Institute has published a new podcast episode - Patrick Kennedy: The Cure for Addiction, hosted by Gene Barduson, and featuring Patrick J. Kennedy, who during his 16 years in the U.S. House of Representatives fought to end discrimination against those with mental illness, addiction, and other brain diseases. He is best known as the lead sponsor of the landmark Mental Health Parity and Addiction Equity Act (Federal Parity Law), which was passed with bi-partisan support and signed into law by President George W. Bush on October 3, 2008. (OC)
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Alegre Home Care (Charles Symes) Discusses Care of Those with Contractures, Frontotemporal Dementia & Parkinson's Disease
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AlzWell (Nick Focil) Publishes Video of Its Award-Winning Presentation
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AlzWell, which recently won the Society for Clinical Research Sites Global Summit Site Tank Award, has published an 8-minute video of its presentation at that event, showcasing the company's AI technology that works with Large Language Models to collect patient data and match them with clinical trials. (LA)
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Angle Health (Andy Leeka) Featured in Forbes Article
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Biospectal (Eliott Jones) OptiBP Receives First-Ever CE Mark for a Smartphone Blood Pressure Monitoring App
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Biospectal has received European CE MDR Class IIa medical device certification for its optical fingertip blood pressure monitoring app, OptiBP - the first and only software app worldwide to receive the CE mark for measuring blood pressure on a smartphone. Biospectal now has access to 30+ countries worldwide. Biospectal OptiBP for Android will be available first in Switzerland, Germany, Austria and France via Google Play starting in early 2024. (BA)
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Catalight (Susan Armiger) Named a Healthy People 2030 Champion by HHS
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Choice in Aging (Debbie Toth) Presents "Dishing With Debbie" & 49th Annual Crab Feed
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Watch episodes of Choice in Aging's (CiA) Dishing With Debbie video interview series with senior industry leaders. Recent guests have included: Denise Likar, Deputy Director of the Division of Home & Community Living for the California Department of Aging; Richard Figueroa, a Deputy Cabinet Secretary in the Office of California Governor Newsom; Patrick Henning, Chief Deputy Treasurer at the State Treasurer's Office; and more.
ALSO, CiA will hold its 49th Annual Crab Feed on February 23, featuring California State Treasurer Fiona Ma. (BA)
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Eitan Medical's (Roger Massengale) Infusion Pump Receives Approval in Israel
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Eitan Medical's Avoset infusion pump has been approved by the Medical Devices Division of the Israeli Ministry of Health (AMAR) in Israel. Along with previous FDA- and CE-clearance, this marks a significant step in Eitan's mission to improve patient care and expand access to home infusion. (OC)
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El Camino Health (Cecile Currier) Earns Leapfrog's Top Hospital Award
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El Camino Health (ECH) has been named a Top Hospital of 2023 by The Leapfrog Group, widely acknowledged as one of the most competitive awards American hospitals can achieve. Of the 2,100+ hospitals considered, ECH was among just 35 general hospitals to earn this distinction. To qualify, hospitals must rank top among peers on the Leapfrog Hospital Survey, which assesses hospital performance on the highest standards for quality and patient safety and achieve top performance in their category. (BA)
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Kaiser Permanente (Marcos Vasconcelos) Announces Common Health Coalition: Together for Public Health
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Kaiser Permanente has joined with four leading health care organizations to announce the Common Health Coalition: Together for Public Health - focused on translating the hard-won lessons and successes of the COVID-19 pandemic response into actionable strategies that will strengthen the partnership between U.S. health care and public health systems. The Coalition is the product of a joint commitment to public health made by founding members AHIP, the Alliance of Community Health Plans, the American Hospital Association, the American Medical Association, and Kaiser Permanente. (BA)
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Life Adjustment Team (Cynthia Sampson) Seeks to Celebrate Neurodiversity + Compares PHP vs IOP
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MedWand's (Bob Rose) Partnership with AT&T Detailed in TeckNexus
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MedWand is featured in the December issue of TeckNexus, in an article entitled, MedWand and AT&T to Improve Healthcare Access with 5G - on page 94. The collaboration, which also includes Oracle and HP, aims to bridge healthcare services between urban and rural areas, utilizing 5g and digital technologies to enhance healthcare deliveries, especially in underserved communities. (OC)
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Nelson Hardiman (Harry Nelson, JD) Ponders Semaglutide (aka Wegovy) - Fully Understood or Uncharted Waters?
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In The Illusive Magic of Wegovy: Fully Understood or Uncharted Waters?, Nelson Hardiman examines Semaglutide, commercially known as Ozempic, Wegovy, or Rybelsus. Produced by the Danish pharmaceutical company Novo Nordisk, the drug has not only revolutionized the treatment of diabetes and obesity but also significantly buoyed Denmark's economy, lifting its national budget into a surplus. However, the drug's meteoric rise has sparked a range of challenges. (LA)
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On Lok (Grace Li) Hosts Senior Health Policy Forum + Wins Marketing Award
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On Lok recently co-hosted the Senior Health Policy Forum, along with CEI, a one-day event that brought together advocates, policymakers, care providers, and leaders in the fields of aging and health care, to discuss the future of aging care in California.
ALSO, On Lok's 2023 Lunar New Year Campaign was selected as a winner in the ANA Multicultural Excellence Award's "Marketing to 55+" category, recognized along with campaigns from the world's leading companies, including Amazon.
MEANWHILE, read A message from CEO Grace Li, in which she reviews her organization's achievements in 2023. (BA)
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Zymo Research (Yap Chew) Receives FDA Clearance & Gates Foundation Grant + Pangea Lab Paper Published
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Zymo Research announced that the FDA has cleared its DNA/RNA Shield SafeCollect Saliva Collection Kit as a Class II medical device for microbial nucleic acid storage and stabilization. The FDA's 510(k) clearance allows the product to be used as an In-vitro Diagnostic device for saliva collection and transport.
ALSO, Zymo has received a Gates Foundation Grant, of $535,000+, for the development of an affordable, user-friendly DNA/RNA concentration device, set to revolutionize rapid disease diagnostics, including HIV.
MEANWHILE, Pangea Laboratory's paper, Support for the Use of a New Cutoff to Define a Positive Urine Culture in Young Children, was recently published in Pediatrics, the journal of the American Academy of Pediatrics. (OC)
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PreludeDx (Dan Forche) Named One of the Most Admired Companies of 2023
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PreludeDx was selected as one of the most Admired Companies of 2023 and featured in Success Knocks Magazine. At the time of the article, the company's DCISionRT test has been provided to 17,000+ women and ordered by 1,700+ clinicians globally. A recent Annals of Surgical Oncology study indicated that DCISionRT modified physicians' treatment recommendation for radiation therapy in 42% of DCIS patients. This new information helps doctors and patients more confidently choose a personalized treatment path and avoid potential under or over-treatment. (OC)
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Providence Digital Innovation Group (Marcee Chmait) Deemed an "Innovation Program to Know" by Becker's
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Providence DIG is among the "34 hospital and health system innovation programs to know | 2023" in a recent issue of Becker's Hospital Review.
AND, Becker's featured the DIG in a recent article - Providence's next step in 'consumer-centric vision' - which reports on the organization's incubated technologies. (LA)
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Royal Ambulance (Steve Grau) Unveils New Ambulance Design & Discusses the Role of Teachers in Healthcare
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Royal Ambulance has revealed its new ambulance design - see the photos here. "We're also paving the way for a series of exciting announcements and further enhancements in our services - stay tuned!" Royal exclaims.
MEANWHILE, in Empathy & Education - The Role of Teachers in Healthcare, Royal discusses how embedding experiences that foster empathy and compassion throughout a team member's experience can be what sustains the warmth that's expected from individuals working in healthcare. (BA)
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Sheppard Mullin (Linda Igarashi) Named a "Best" Law Firm, Including Healthcare Practice + Provides Healthcare Resources
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Best Lawyers has ranked Sheppard Mullin (SM) among the "Best Law Firms" in the country, including rankings in 42 practice areas nationally and 127 practice areas by metropolitan regions. SM's Healthcare Practice is among its practices receiving tier one ranking.
AND, SM received a perfect score of 100 on the 2023-2024 Corporate Equality Index, the nation's foremost benchmarking survey and report on corporate policies and practices related to LGBTQ+ workplace equality.
MEANWHILE, healthcare-relevant resources from SM include:
> Webinar Recording & Summary - 10 Ways to Screw Up Your Deal.
> Article - The PACE Solution to Increasing Demands for Long-Term Services and Supports in the U.S.
> "Health-e Law" Podcast, covering the interaction between technology and law in healthcare. (OC)
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Wipfli (Jeff Johnson) Announced its Rural Solutions - 2024 National Healthcare Conference
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