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Morning Read: Feds didn’t inspect Theranos for first two years

Also, a former Boston Scientific engineer faces jail time for peddling trade secrets, and mergers in health insurance could impact companies’ credit scores.

TOP STORIES

For the first two years of its commercial existence, Theranos customers were likely never tested with equipment that had any sort of federal approval. Meaning: Theranos’ secrecy runs deeper than we even thought? But will anything change because of these controversies? –The Verge, STAT

The FDA’s new position on potential medical device hazards: We’ll issuing early warnings even before those concerns have been validated. – STAT

LIFE SCIENCES

A former Boston Scientific engineer just got slapped with a year in prison for stealing trade secrets related to the company’s balloon dilation catheters. –Mass Device

M&A deals in diagnostics and Omics life sciences tools shot up 33 percent in 2015. –GenomeWeb

NeuroMetrix, a diagnostic company for neuromuscular disorders, just raised $13.8 million. –Seeking Alpha

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Cancer diagnostics maker NeoGenomics just wrapped up the acquisition of Clarient, in a deal worth more than $190 million. –The Street

PAYERS-PROVIDERS

On top of carrying huge regulatory risks, looks like pending health insurer mega-merges could impact companies’ credit ratings. –Fierce Health Payer

TECH

The excellent data security series from Charles Ornstein and the Propublica team continues, with a story on how veterans’ medical facilities are rising privacy violations. –ProPublica

Hacks and data breaches will loom heavy on the health IT landscape in 2016. That is, unless organizations beef up their security and educate their employees about privacy. –Fierce Mobile Healthcare

POLITICS

Obamacare signups have risen to 8.5 million this week. About 60 percent of these enrollees are returning Obamacare customers. –The Hill

A LITTLE BIT EXTRA

Uber just announced it’s completed its ONE BILLIONTH trip. Lots of companies are attempting to position themselves as “the Uber of healthcare.” What kind of milestone would a healthcare company have to hit to be comparable? –Tech Crunch

[Image courtesy of Big Stock Photos]

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