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May 20, 2024 News No Comments

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Hamilton Health Box, which offers hybrid primary care delivery services to rural communities, raises $10 million in a Series A funding round.


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Acquisitions, Funding, Business, and Stock

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Canadian private equity firm CPS Capital will take Vancouver-based, tech-enabled workplace healthcare provider CloudMD private in a deal valued at $36 million. The company has faced liquidity issues over the last four years due to several acquisitions, including its 2022 purchase of MindBeacon for $116 million.

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Fay, a virtual clinic offering access to registered dietitians and weight loss programs and prescriptions, announces $25 million in funding. The startup offers franchising, giving RDs the ability to open their own “business-in-a-box” and to connect more easily with insured patients.

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Centivo, which offers primary care-focused health plans to employers, acquires virtual-first, direct-to-employer care provider Eden Health.


Announcements and Implementations

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House call provider Mobile Medical (FL) selects digital care plan review, signature, and reporting software from Forcura.

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The Vitamin Shoppe launches Whole Health Rx, an online prescription weight loss service powered by virtual care company WellSync.


Research and Innovation

A pair of studies conducted by University of Michigan physicians finds that a lack of detailed record-keeping – specifically, information about why an antibiotic is prescribed – could drive up unnecessary and potentially harmful prescriptions. The researchers found that these details were most often missing in encounters with adults during office visits and adult Medicaid patients seen in emergency departments.

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Tying in with Mr. HIStalk’s latest poll, new research shows that patients prefer virtual visit backgrounds that feature a traditional physician office with diplomas, followed by solid backgrounds. Bedroom and kitchen settings were the least preferred.


Other

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The Physician’s Committee for Responsible Medicine, a nonprofit research and advocacy group, makes a $1.5 million offer for Oscar Mayer. Kraft Heinz, parent company of the household name in hot dogs, recently announced it would consider selling Oscar Mayer for between $3 billion and $5 billion. Should PCRM’s offer be accepted, it would transition Oscar Mayer to a plant-based company in the hopes of improving the health of US consumers. It’s a noble goal (and probably more of a PR move than anything), but a bit naive, given that PCRM President Neal Barnard, MD believes that “Americans’ interest in consuming animal products is waning ….”


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