This is Naomi diaz with the Becker Digital
Health podcast.
Here's your daily industry news briefing for today,
July first.
First,
Cleveland Clinic and Mass mo, a provider of
medical technology and hospital
automation tools, are joining forces on a new
partnership focused on hospital based remote patient monitoring
and tele critical care.
Under the partnership, Cleveland Clinic critical care and
non critical care central hospital patient monitoring platforms
will be integrated with Mas most hospital automation
platform.
According to a news release from Mas mode
the aim equip clinicians with tools that improve
such an situational awareness and support clinical decision
making for hospitalized patients. To The partnership would
also include joint development initiatives on predictive analytics
and Ai based algorithms aimed at improving cardiac
care.
Second,
Health technology company fabric acquired Walmart virtual care
business, me md, which serves 30000 employers and
has 5000000 members.
Walmart announced plans in April to exit the
healthcare care provider space and closest health centers
june in 20 eighth.
The retail giant had acquired Me med in
20 21 to provide on demand medical and
behavioral health services.
Meme med grew significantly significantly over the last
3 years and will now contribute to fact
fabrics expansion strategy
Fabric will keep serving sam club members after
the acquisition.
Fabrics current customer base includes Cleveland Clinic, inter
mounted health, Mu health and has more than
200 employees and recently closed 60000000 dollars series
a funded ground.
General catalysts, G ventures, Salesforce ventures, and thrive
capital are among Fabric
financial backers.
Third,
United health Group's Opt has scrapped his plan
to acquire Dallas based stored Healthcare physician Group
Storage Health. The Boston Globe reported June 20
seventh.
Opt, which has almost 90000 employed or affiliated
physician, agreed toy a preliminary deal in March
to acquire them physician group, which comprises primary
care physicians and other clinicians in 8 states.
Stored an Opt did not finalize an asset
purchase agreement and Opt is no longer purse
pursuing the acquisition according to the globe. It
is not clear whether stored is negotiating with
other potential buyers for the physician group, which
is recently described as a highly desired app
asset.
Stuart stewardship for chapter eleventh bankruptcy May 6
and as required to sell its assets, including
31 hospitals through act with auctions.
Becker has reached out to Stored at Opt
and will update this story as more information
becomes available.
If you would like the latest health It
and digital health industry news delivered to your
inbox, every morning, subscribe to the Becker cio
and health it review e newsletter through our
website at w w dot becker hospital review
dot com.