Oscar Health’s net loss narrowed 9% year-over-year, with an increase in policy premium revenue squeezing the New York City-based insurtech’s losses to $87.3 million during the first quarter of 2021. During the first quarter ended March 31, Oscar generated $369.3 million in revenue, up 319% from $88.1 million during the same period last year. Much
Before the pandemic, most people had never heard of Illumina, the California-based sequencing behemoth whose machines generate upwards of 90% of the world’s DNA data. And while Illumina might still not be a household name, over the last 15 months the technology it sells has become standard dinner table fare. Genetic vaccines, coronavirus variants, wastewater
British Prime Minister Boris Johnson speaks during a televised press conference at 10 Downing Street on February 22, 2021 in London, England. Leon Neal | Getty Images News | Getty Images LONDON — U.K. Prime Minister Boris Johnson warned Friday that the coronavirus variant first discovered in India has the potential to derail the lockdown
For the myriad applications of artificial intelligence, Eric Schmidt, the onetime Google CEO, sees one area where it’s poised to unleash the most sweeping changes. “When I try to market the importance of AI, I say that AI will have its biggest impact in biology and health, because biology is so complicated,” Schmidt said Tuesday
HCA Healthcare and University Health didn’t see a way to meaningfully expand their market share in the competitive Atlanta market, leading to a string of recent hospital deals that are poised to benefit Piedmont Healthcare, merger and acquisition experts said. Piedmont will add seven hospitals to its current 11-hospital footprint via back-to-back transactions, courtesy of
In a wide-ranging and forthcoming interview, Eric Schmidt, the former Google CEO who helped steer the tech giant’s foray into health care, opened up about a host of issues facing the future of medicine. Among the topics Schmidt touched on in a half-hour conversation at the STAT Health Tech Summit: his upcoming role as the
Key Takeaway Points about Tourette Syndrome (TS) The Centers for Disease Control estimates that 0.3% of children age 6 – 17 years in the United States have received a diagnosis of Tourette syndrome (about 148,000 children)[1], but some reviews put this number as high as 0.9%[2]. At least half of children with this condition remain
The Centers for Disease Control and Prevention’s updated masking guidelines mark a significant shift in the pandemic, the dean of Brown University’s School of Public Health said Thursday. “Basically, it’s acknowledging that vaccinated people can go back to normal, and can do most of the things we were doing pre-pandemic, and that is really, really
Health tech startup Cityblock Health, with its mission of delivering stepped-up primary care to Medicaid patients, is finding its footing in the very cracks that the Covid-19 pandemic has exposed. It’s leveraging its signature technology to help this highly marginalized population. “It’s very telling here that up until before the pandemic, there was a real
Encompass Health Corp. (NYSE: EHC) is actively evaluating ways to strategically reposition its home health and hospice segment, which also needs a new leader. The search is under way for that new segment CEO, with current CEO April Anthony — its original founder — set to step down in June. Even with all of that
As COVID-19 vaccines become increasingly available to all segments of our population, a real balance must be struck between personal choice and public safety. Nowhere is this issue more significant than in the healthcare community itself. With rare exceptions, the vaccines have proved safe and effective in preventing symptomatic COVID as well as pre-symptomatic and
Investors are pouring into the health tech sector, with venture funding roughly doubling in 2020. That’s good for individual companies, but when valuations begin to depart from reality, it takes discerning investors to pick winners in the space. “It wasn’t always such a clear return profile, and there was a lot of skepticism,” Deena Shakir,
In this article 8156-HK 1099-HK A woman holding an umbrella walks in a street in the Seychelles’ capital Victoria. Valery Sharifulin | TASS | Getty Images The Seychelles is causing concern for world health experts after a rise of Covid-19 cases among fully vaccinated individuals. The World Health Organization said Tuesday that it would review
Mia Schloegel was 11 when they found the curve in her spine. She was at her yearly pediatrician’s visit when her uncle — also her doctor — had her lean over, in a standard childhood check for scoliosis. “He noticed I had kind of a hump on one side and not the other,” said Schloegel,
An outside investigation into the death of a Black doctor while she battled COVID-19 has found that the treatment she received at a suburban Indianapolis hospital did not contribute to her death, its parent organization said Wednesday. However, the review by a panel of six outside experts concluded Dr. Susan Moore suffered from a lack
Kylene Redmond and Deb Foerster both are converts to their continuous glucose monitors, quarter-size devices that measure their blood sugar in real time so they can adjust their diet, their activity, and the medications they take to manage their diabetes. The automated sensors give both women feedback they can use to better control their disease
The COVID-19 pandemic delayed the ambitious plans of most home health providers. Now nearly halfway into 2021, many are picking up right where they left off, with a few key players doubling down on innovation and betting big on the future of home-based care. There are plenty “home health providers to watch” as the rest
The COVID-19 pandemic spurred massive disruptions to the economy and labor market that have yet to abate. It also particularly underscored the plight of workers in one of the widest-held occupations in the country — nurses. Over the past year, those on the front lines have reported increasing rates of burnout, declining mental health and
A commuter rolls up his sleeve to receive a vaccination shot for the coronavirus disease (COVID-19) at Grand Central Station Terminal train station in Manhattan in New York City, New York, U.S., May 12, 2021. Carlo Allegri | Reuters After weeks of declines, the U.S. pace of daily vaccinations is improving in recent days. The
Amazon’s objectives for its nascent pharmacy business are straightforward: “better selection, better convenience, and better prices,” according to TJ Parker, the vice president of pharmacy at the company. “It really is the Amazon playbook,” he said during a Wednesday panel at STAT’s Health Tech Summit. Unlock this article by subscribing to STAT+ and enjoy your
Parents, schools and vaccine clinics rushed to begin inoculating younger adolescents Tuesday after U.S. regulators endorsed Pfizer’s COVID-19 vaccine for children as young as 12, a decision seen as a breakthrough in allowing classroom instruction to resume safely around the country. A handful of cities started offering shots to children ages 12 to 15 less
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