GE HealthCare (Nasdaq:GEHC) announced today that it appointed Dr. Taha Kass-Hout as its first chief technology officer. Kass-Hout’s responsibilities include leading the GE spinoff’s new science and technology organization. He reports to GE HealthCare President and CEO Peter Arduini. According to a news release, the role includes driving the company’s D3 precision care strategy. This […]
Amazon
CVS Health to buy Signify Health for $8B
CVS Health (NYSE:CVS) announced that it entered into an agreement to acquire Signify Health for approximately $8 billion. Home healthcare services company Signify Health offers clinical, social, and behavioral services to support value-based healthcare. It provides a mobile network of 10,000 credentialed clinicians who offer in-home evaluations of Medicare Advantage and Medicaid plan members. CVS […]
Amazon is reportedly shutting down Amazon Care
Multiple reports citing an internal memo at Amazon (Nasdaq:AMZN) say that the company will stop offering its Amazon Care services at the end of 2022. Geekwire reported that Neil Lindsay, Amazon Health Services SVP, issued an internal memo declaring that the Amazon Care primary healthcare services “wasn’t going to work long-term.” According to the report, […]
Amazon seeks healthcare ‘reinvention’ with $4B One Medical acquisition
Amazon (Nasdaq:AMZN) is making a big expansion into healthcare, with plans to acquire primary care provider One Medical in a nearly $4 billion deal. One Medical is a healthcare organization with a focus on digital health and inviting, convenient in-office primary care. According to its website, it has locations in 17 metro areas across the […]
The cloud is transforming medtech: Amazon, Microsoft, Google, J&J, Philips and GE Healthcare leaders explain
Leaders in medtech and cloud computing discuss payoffs and potential in device connectivity, product development and cross-industry partnerships. If knowledge is power, that power comes from a steady stream of information, and we know there’s no shortage of that in healthcare. The challenge has long been how to capture that information, store it, analyze it […]
Amazon Web Services is powering medtech innovation: Its chief medical officer explains
It doesn’t get any bigger than Amazon Web Services in the world of cloud computing. The cloud computing business at Seattle-based Amazon.com (Nasdaq: AMZN) is the largest player in the industry, with control of about a third of the market and a significant lead over cloud competitors Microsoft and Google. Dr. Taha Kass-Hout, the chief […]
Medtronic and Amazon plan colorectal cancer screenings in underserved communities
Medtronic (NYSE:MDT) and Amazon (NASDAQ:AMZN) today announced their plans to donate 50 Medtronic GI Genius modules to endoscopy centers serving low-income and underserved communities across the U.S. One of the goals is to improve the detection of polyps that can lead to colorectal cancer, which is the most common cancer among adults in the U.S. […]
Amazon Care is expanding nationwide
Amazon announced that it made its virtual health services available nationwide with plans for a large rollout of in-person services this year. The company launched Amazon Care in September 2019 to combine virtual care and in-person services, with the latest expansion making the services available nationwide. According to a news release, Amazon will look to […]
Imagining the future of cloud-connected medical devices with Johnson & Johnson leaders
Cloud-connected medical devices already collect and analyze data, talk to each other and use artificial intelligence to improve patient care, but how much more might be possible in the not-so-distant future? Surgery simulations? Smart ambulances? Full-body scanners? One-click healthcare? I’ve been exploring that question for an upcoming edition of Medical Design & Outsourcing magazine — and asked […]
MedTech 100 roundup: Industry reaches another high point
The medtech industry is continuing its massive 2021 boom, with the past week marking yet another record in the markets. MassDevice‘s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — finished last week (Aug. 27) at 121.05 points, representing a 1.2% rise from the 119.63-point mark set a week before. […]
Amazon makes moves for a major medical diagnostics play
Amazon (NASDAQ: AMZN) wants to hire key employees to expand its medical diagnostics operations on a global scale, which very well could grow beyond COVID-19 testing. Senior-level job postings offer a glimpse of the notoriously secretive and ambitious tech company’s global aspirations for medical diagnostics. Just this week, Amazon put a call out for a […]
