MedCity News

Pink piggy bank is tightened by a rope on wooden table. Illustration of the concept of budget tightening and reduction of spending

Hospitals, Providers

Hospital Margins Fell This Summer Amid Outpatient Slowdown, Data Shows

By Katie Adams

Health Tech

Thatch Secures $108M, Reaches $1B Valuation

The Series C funding round was from The General Partnership, Index Ventures, General Catalyst and Andreessen Horowitz.

By Marissa Plescia

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BioPharma, Pharma

GSK Commits $750M to Get Chimagen’s Phase 1-Ready Drug for Multiple Myeloma

GSK is acquiring global rights to a T cell engager that Chimagen Biosciences developed to hit three targets. GSK believes this tri-specific approach could offer advantages over currently available drugs that hit two targets, but other big pharma companies are also developing trispecific antibodies.

By Frank Vinluan

MedCity Influencers

The Real Bottleneck in U.S. Pharma Reshoring Isn’t Factories – It’s Talent

Pharma leaders must take a “construction crew” mindset and start treating workforce development in the same manner as they do critical infrastructure.

By Carolyn Durham

MedCity Influencers

Why Pharma Companies Should Look To Social Media For Better Patient Insight

Healthcare decision-makers, especially at pharmaceutical companies, must prioritize patient input. Data collected from social media listening is a significant step in the right direction.

By Rohit Marwah

Health Tech

Nara Health Secures $14M for Third Party Administration Platform

Nara Health’s funding was led by Khosla Ventures, with participation from Long Journey Ventures and Superior Studios.

By Marissa Plescia

BioPharma, Pharma

Scholar Rock Drug Wins First-in-Class Approval in Rare Neuromuscular Disease

Scholar Rock’s Isembyld isn’t the only FDA-approved therapy for spinal muscular atrophy, but it is the first one that directly targets muscle tissue. Isembyld is the first commercial product for Scholar Rock, which is also evaluating the antibody in other rare muscle disorders.

By Frank Vinluan

Where Will AI Deployment Benefit Payers the Most?

We are taking a look at how health insurers are using AI, defining success, and managing cybersecurity risks. Give us your opinions by completing our brief, anonymous survey.

By MedCity News

MedCity Influencers

A human hand interacts with an artificial intelligence robotic hand with medical icons and a digital interface on dark background, illustrating healthcare technology AI trust

Shadow AI Is the Fastest Growing Force in Medicine, and Hospitals Are the Only Ones Who Can Control It

If trust, transparency, and accountability remain core values in medicine, AI governance cannot be left to improvisation.

By Deepthi Bathina

Health Tech

Interra Health Adds GLP-1 Bridge Program Support

Interra Health is helping Medicare patients access $50-per-month GLP-1s through the new Bridge program.

By Marissa Plescia

Artificial Intelligence, Startups, Health Tech

Senior woman using smartphone at kitchen table

Inspiren Rakes In $70M to Scale Its AI-Powered Senior Living Platform

Inspiren, a company selling an AI-powered senior living platform, raised $70 million in Series C funding led by NewView Capital. The platform uses ambient sensors and computer vision to predict falls before they happen.

By Katie Adams

MedCity Influencers

Healthcare Needs Software That Handles a Messy Reality

The problem is not that companies have failed to make easy-to-use applications. Rather, it’s that there have been limitations to what software can realistically do in a modern healthcare environment.

By Venky Chellappa

Health Tech

GenHealth.ai Raises $16.5M to Automate Healthcare Administrative Tasks

Flare Capital Partners led the Series A round. Craft, Obvious Ventures, Eniac Ventures, InHealth Ventures, Epsilon Health Investors and ARTIS also participated.

By Marissa Plescia

Devices & Diagnostics, Startups

Nutromics Nabs FDA Breakthrough Status for Antibiotic Monitoring Patch

Nutromics earned FDA breakthrough device designation for its wearable patch that tracks vancomycin levels in real time. The device aims to replace the periodic blood draws currently used to dose the tricky-to-manage antibiotic.

By Katie Adams

MedCity Influencers

Augmenting the Systems That Support Patient Mobility

Automation in healthcare gains value when it strengthens the conditions that allow clinicians to practice at the top of their training.

By Eric Race

Payers, Consumer / Employer

health insurance concept - umbrella covering wooden family of four

3 Strategies to Improve Health Insurance, Per Georgetown Report

A Georgetown report outlines three strategies to improve health insurance by lowering costs, simplifying coverage and protecting patients from corporate abuses.

By Marissa Plescia

Events

At INVEST Digital Health, Health Wildcatters Will Highlight Latest Cohort of Startups

Health Wildcatters, a Dallas accelerator and INVEST Digital Health partner, has announced the healthcare startups in its latest cohort. Join us at INVEST DIgital Health on October 29 and meet them in person!

By Stephanie Baum