Digital mental health company Mindstrong is laying off 128 employees and permanently closing its headquarters in Menlo Park, according to a California WARN notice. According to reporting by Behavioral Health Business, the layoffs will include many of the company’s C-suite executives, including its CEO, chief technology officer and chief financial officer. Mindstrong offered 24/7 virtual […]
CVS Health is reportedly getting close to an agreement to acquire Oak Street Health, a primary care provider geared toward the Medicare population, for about $10.5 billion including debt. According to reporting by the Wall Street Journal that cites sources familiar with the deal, the companies are considering a price of about $39 per share. […]
A UK biotech firm founded to develop the world’s first treatment for a rare, incurable and deadly disease has secured its first FDA designation. SynaptixBio was granted a Rare Paediatric Disease (RPD) Designation by the US drug regulator for its TUBB4a leukodystrophy drug. The genetic and debilitating condition which mainly affects babies and young children. […]
A satellite image showing the port of Ceyhan centred on August 18, 2015 in Turkey. Gallo Images | Gallo Images | Getty Images Adverse weather conditions are obstructing loading operations at Turkey’s Ceyhan port, where the impact of Monday’s immense twin earthquakes is still being assessed, according to oil traders and shipping sources. Operations were […]
Telehealth staffing and services company Wheel confirmed it cut 28% of its workforce, laying off 56 employees. The layoffs mark the second round of recent job cuts at the startup, which laid off 17% of its staff over the summer. According to an email obtained by Insider, CEO Michelle Davey said the August layoffs were […]
A wave of new treatments have cured devastating diseases. When the costs are too much, even for the insured, patients hunt for other ways to pay.
Pictura Bio co-founders Nicolas Shiaelis and Dr Nicole Robb have developed a world-first diagnostic test powered by AI that can identify known respiratory viruses such as influenza and COVID-19 within five minutes from just one nasal or throat swab. The ground-breaking tech combines molecular labelling, computer vision and machine learning to create a universal diagnostic […]
How Valuable is a Nurse’s Time? Picture the scene. A nurse arrives at the mobile computer charging bay on a ward to pick up a device to start a shift and it isn’t there. Maybe it’s been left somewhere and forgotten about or maybe it’s been left on a different ward or department entirely? The […]
University Hospitals Dorset (UHD) is using artificial intelligence technology to build facilities at the new Royal Bournemouth Hospital. The Buildots technology analyses data that has been captured at the site through helmet-mounted 360-degree cameras. It then creates progress reports that are supported by visuals, which the trust says are designed to provide “accurate, objective data […]
Freight wagons carrying oil and fuel at a petroleum products terminal in Riga, Latvia, on Feb. 2, 2023. Bloomberg | Bloomberg | Getty Images The West’s latest attempt to ramp up its oil war against Russia may cause some market dislocation, but some energy analysts remain far from convinced that the restrictions will constitute a […]
