MedCity News
Dexcom launches first VC fund
Dexcom launched its first venture fund. The company, which makes continuous glucose monitors, plans to invest in glucose sensing technologies and metabolic monitoring.
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Medical device company Dexcom is launching its first venture fund. The San Diego-based company, one of a few competing for dominance in the market for continuous glucose monitors, plans to invest in technologies related to its core business and adjacent technologies.
Steve Pacelli, Dexcom’s executive vice president of strategy and corporate development, will lead Dexcom Ventures.
“While we have matured as a company over the years, we still consider ourselves to be a ‘start-up’ of sorts,” he said in a news release. “We feel well positioned to invest early and support our portfolio companies as they pioneer markets.’’
Katherine Capps
As executive director, Katherine Capps provides leadership by supporting GTMRx Institute’s mission and goals. She establishes and manages relationships with stakeholders across the health care spectrum. As a GTMR Institute Founding Board member, she works alongside other board members and collaboratively sets the strategy for the growth and activities of the organization.
Katie has a long history of collaboration in multi-stakeholder environments. As Health2 Resources’ founder and president, she and her team have helped more than 35 clients meet advocacy, policy, outreach, marketing and awareness goals. H2R was instrumental in the launch of the Patient-Centered Primary Care Collaborative, lending expertise for organizational development and marketing and communications.
MedCity News
Sharecare confirms plans to go public through SPAC merger
Digital health startup Sharecare plans to go public through a merger with a blank-check company created by Alan Mnuchin. The deal will value the company at $3.9 billion.
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Digital health startup Sharecare plans to go public through a merger with a special purpose acquisition company. Photo credit: Sharecare
Digital health startup Sharecare confirmed reports that it plans to go public through a merger with a blank-check company. The Atlanta-based startup plans to merge with a special-purpose acquisition company created by Alan Mnuchin, CEO of Falcon Capital and brother of former Treasury Secretary Steve Mnuchin.
MedCity News
Humana, IBM Watson Health team up to provide access to AI chatbot
Through a new collaboration, Humana s Employer Group members will gain access to IBM Watson Health s AI-powered digital assistant. The chatbot will provide information on member benefits, claims, referrals and cost estimates for medical services.
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The solution, called the IBM Watson Assistant for Health Benefits, is an AI-enabled, cloud-based virtual assistant. The AI assistant gives users information about member benefits, coverage, claims, referrals and healthcare cost estimates, said an IBM Watson Health spokeswomen, who declined to be named, in an email.
The solution will be made available to all members of the Louisville, Kentucky-based payer’s Employer Group, which includes 1.3 million medical and 1.8 million dental members.
MedCity News
14 major health systems launch data insights company
In an unusual move, 14 major providers including Trinity Health, CommonSpirit Health and Tenet have come together to launch a data analytics company. Insights derived from the company s platform will be available to providers, biopharma companies and scientific researchers working to advance patient care.
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Unprecedented times call for unprecedented collaboration in the healthcare industry.
A group of 14 health systems, including some of the biggest in the country, have joined together to launch Truveta, a data analytics company.
The company is building a platform that will structure and normalize de-identified patient data from the 14 founding systems. The platform will use artificial intelligence and machine learning to derive clinical insights.