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DTC Metabolic Tracker Company To Expand Personalized Nutrition Guidance With $62M

Lumen sells a handheld device that measures users’ metabolism through breath and connects to an app that helps track goals and provides nutrition coaching. The funding round was led by Pitango Venture Capital, and included participation from Hanwha Group and Resolute Ventures.
United Kingdom United States Tel Aviv Merav Mor Michal Mor Purdue University Whistler Center

Why UNC Chose AWS as Its Cloud Partner to Launch 10 Startups Over 3 Years

The innovation institute run by the University of North Carolina at Chapel Hill teamed up with Amazon Web Services to create a venture studio to turn the university’s digital health research concepts into full-fledged startups. AWS’ platform beat out the other major cloud providers because it was “the most entrepreneurial,” according to the venture studio’s managing director.
Bob Dieterle University Of North Carolina At Chapel Hill Amazon Web Services On North Carolina Chapel Hill Amazon Web Services

UpStream Rakes In $140M to Scale VBC for Seniors

UpStream — a company that provides technology and services for physicians enrolled in value-based care models — raised $140 million in Series B funding. The company doesn’t charge providers to use its services. It has negotiated rates with Medicare programs and takes on both upside and downside risk — but physicians “only see the upside” because they get paid by UpStream no matter what, according to CEO Sanjay Doddamani.
United States North Carolina South Carolina University Of South Carolina Sanjay Doddamani Fergus Hoban

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The FDA Is Opening the Use of Registry Data in Drug Development – What Does It Mean for Patient Advocacy Groups?

FDA's draft guidances on real-world data do not provide strict requirements for industry stakeholders to abide by, but they offer patient advocacy organizations with a clearer understanding of how to model their registries to have a more substantial impact for their patient communities.
Office Of The National Coordinator For Health Drug Administration Medicaid Services Century Cures Act National Coordinator Federal Drug Administration

To Fix Burnout, Providers Must Think Beyond Monetary Rewards

Many of the efforts to address healthcare's burnout crisis have centered on money, such as hiring and retention bonuses, but that isn’t sustainable. Providers don’t have the means to keep throwing money at the problem forever, so they should focus more on creating a workplace culture where employees feel valued and supported.
United States Linn Benton Community College Jennifer Clayton Mayo Clinic Weight Loss Medical Devices

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