The market for primary care disruptors — retail clinics that typically have a hybrid menu of virtual and in-patient care — is being flooded with competitors, eMarketer reported May 16.
Disruptors
Amazon's subscription-based service that helps caregivers provide remote support to older loved ones now supports up to 10 caregivers and allows primary caregivers to set up routines.
Amanda Furr, MD, has been appointed national medical director of Chicago-based VillageMD.
Big tech may struggle with regulatory issues and product rollout issues in healthcare, according to Susan Lang, CEO of prescription drug consulting and analytics firm XIL Health as reported in EBN May 13.
Oil giant Saudi Aramco's market capitalization surpassed Apple, dropping the tech company from its top spot as the world's most valuable firm, The Wall Street Journal reported May 12.
Google and Samsung are partnering to make it easier for people to sync their health and fitness data across various apps.
Johnson & Johnson named Thibaut Mongon as CEO of its spin-off consumer health company.
Economic headwinds are disrupting the high growth bubbles tech startups have created, forcing them to implement serious cost-cutting strategies like layoffs and sometimes even closure, The New York Times reported May 11.
Nuance, an AI speech recognition company, partnered with the Health Management Academy to launch an AI collective for health system executives who are using AI and machine-learning in clinical and operational settings.
Uber announced that it will cut back on hiring, seeing the process as a "privilege" in an attempt to focus on profitability, The Wall Street Journal reported May 9.