1 00:00:00,000 --> 00:00:01,085 - This is Naomi Diaz 2 00:00:01,085 --> 00:00:02,885 with the Becker's Digital Health Podcast. 3 00:00:03,345 --> 00:00:05,325 Here's your daily industry news briefing 4 00:00:05,345 --> 00:00:06,925 for today, November 20th. 5 00:00:07,415 --> 00:00:11,445 First biopharma Giant AstraZeneca launch of a nova, 6 00:00:11,565 --> 00:00:13,205 a digital health unit that will operate 7 00:00:13,205 --> 00:00:14,805 as a separate business within the company. 8 00:00:15,655 --> 00:00:16,765 Enova aims to scale 9 00:00:16,765 --> 00:00:19,165 and bring to market digital health tools already used 10 00:00:19,285 --> 00:00:21,765 by the company to expedite the clinical trial process. 11 00:00:22,725 --> 00:00:25,205 Additionally, E Nova will also look to develop a portfolio 12 00:00:25,305 --> 00:00:27,805 of remote patient monitoring and digital therapeutics. 13 00:00:27,805 --> 00:00:30,205 According to a November 20th press release. 14 00:00:31,105 --> 00:00:33,885 So far, E Nova has created a drug development suite 15 00:00:33,885 --> 00:00:35,045 of digital health, ai, 16 00:00:35,145 --> 00:00:36,805 and machine learning tools that aim 17 00:00:36,805 --> 00:00:39,085 to help support the drug creation process. 18 00:00:40,425 --> 00:00:42,285 Second, EHR vendor, 19 00:00:42,395 --> 00:00:46,045 NextGen Healthcare is laying off 84 employees in the St. 20 00:00:46,045 --> 00:00:48,485 Louis area. After the company was acquired 21 00:00:48,545 --> 00:00:51,485 by private equity firm, Toma Bravo St. 22 00:00:51,485 --> 00:00:54,365 Louis Business Journal reported, the company said 23 00:00:54,365 --> 00:00:55,965 that not all workers at the St. 24 00:00:56,165 --> 00:00:58,605 Louis location will be affected by the layoffs. 25 00:00:58,945 --> 00:01:02,485 In November, Tama Bravo completed its $1.8 billion 26 00:01:02,515 --> 00:01:03,925 acquisition of NextGen. 27 00:01:04,305 --> 00:01:05,925 The company said the layoffs are part 28 00:01:05,925 --> 00:01:09,125 of a staffing optim optimization effort connected 29 00:01:09,125 --> 00:01:10,685 to the Tama Bravo acquisition. 30 00:01:11,345 --> 00:01:13,525 The layoffs will begin in early 2024. 31 00:01:14,225 --> 00:01:15,885 In March, NextGen reported 32 00:01:15,885 --> 00:01:19,525 that it had just over 2000 full-time employees in the us. 33 00:01:20,815 --> 00:01:24,165 Third Walgreen's Chief Human Resource Officer, 34 00:01:24,255 --> 00:01:25,725 Holly May, has stepped down. 35 00:01:25,785 --> 00:01:27,445 The company confirmed to Becker's. 36 00:01:27,565 --> 00:01:29,445 November 17th, she's leaving. 37 00:01:29,465 --> 00:01:31,045 To pursue another opportunity, 38 00:01:31,285 --> 00:01:33,645 a Walgreens spokesperson said in an email, 39 00:01:34,425 --> 00:01:37,125 the company appointed Ms. May, executive Vice President 40 00:01:37,125 --> 00:01:40,845 and Global Chief Human Resources Officer in 2020 role in a 41 00:01:40,845 --> 00:01:42,405 role in which she led strategy 42 00:01:42,425 --> 00:01:44,725 and direction for global HR programs, 43 00:01:45,165 --> 00:01:46,245 policies and practices. 44 00:01:46,825 --> 00:01:48,645 She previously served as Abercrombie 45 00:01:48,645 --> 00:01:51,205 and Fitch's Global CHRO. 46 00:01:52,075 --> 00:01:55,125 News of Mrs. May's exit comes after about a week. 47 00:01:55,475 --> 00:01:59,085 Walgreens said it was laying off 267 employees 48 00:01:59,085 --> 00:02:00,245 from its corporate office. 49 00:02:00,895 --> 00:02:03,805 Kevin Bain also stepped down from his role at Walgreens, 50 00:02:03,815 --> 00:02:06,445 chief Medical Officer on November 10th. 51 00:02:06,445 --> 00:02:09,525 According to an internal member attained by Bloomberg News, 52 00:02:10,465 --> 00:02:12,405 the series of executive exits 53 00:02:12,405 --> 00:02:14,365 and job cuts comes as the company looks 54 00:02:14,365 --> 00:02:17,525 to cut at least $1 billion in costs under the leadership 55 00:02:17,525 --> 00:02:18,765 of its new CEO. 56 00:02:19,145 --> 00:02:21,445 Tim Wentworth. He took the helm 57 00:02:21,445 --> 00:02:25,085 of the company October 23rd replacing Rosalyn Bureau 58 00:02:25,305 --> 00:02:27,085 who stepped down August 31st. 59 00:02:28,105 --> 00:02:31,365 An internal memo from Mr. Wentworth announcing Mrs. 60 00:02:31,415 --> 00:02:34,365 May's exit was first obtained by Crane Chicago Business. 61 00:02:35,105 --> 00:02:36,565 If you would like the latest health IT 62 00:02:36,705 --> 00:02:38,445 and digital health industry news delivered 63 00:02:38,445 --> 00:02:40,485 to your inbox every morning, subscribe 64 00:02:40,485 --> 00:02:42,165 to the Becker CIO and Health it. 65 00:02:42,185 --> 00:02:43,285 Review eNewsletter 66 00:02:43,285 --> 00:02:46,605 through our website at ww dot becker's hospital review.com.