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☆ The era of Big Tech moonshots is over. Amazon, Google, Facebook, and Microsoft are pulling back on ambitious, risky long-term projects after many of them failed.
▼ + stars: | 2022-09-29 | by ( Hugh Langley | Eugene Kim | Kali Hays | ) www.businessinsider.com time to read: +13 min

Amazon, Google, Microsoft, and Facebook have scaled back their ambitious "moonshot" projects. Moonshots like Google X and Amazon Grand Challenge allowed tech firms to build innovative projects. Before Amazon, Parviz led a similar team at Google called Google X. Page and Brin championed X projects they loved, helping them gain funding and headcount within the unit. Parviz, who created the once-hyped-up Google Glass, left Google X in 2014 to start Amazon's Grand Challenge.

☆ Venture capital investment in telehealth companies has fallen $4.5 billion so far this year, according to a top analyst
▼ + stars: | 2022-09-28 | by ( Sarah Braner | ) www.businessinsider.com time to read: +2 min

VC funding in telehealth companies has fallen by $4.5 billion in 2022, according to a Cowen report. Last year marked a record in telehealth investment as the pandemic accelerated transitions to digital over in-person care. Investment grew from $2.2 billion in 2020 to $6.5 billion in 2021, according to the report. 2021 was a record year for investment in the digital health space as a whole. The analysts named 13 telehealth companies that they believe are significant private market disruptors in the telehealth space.

☆ Telehealth access for some trans people may be at risk. Here's why one company says it's prepping for patients to return to the clinic.
▼ + stars: | 2022-09-23 | by ( Sarah Braner | ) www.businessinsider.com time to read: +6 min

Kole, a game developer in Colorado, gets his testosterone therapy through Folx Health, a startup that conducts doctor visits online and sends him his medication through the mail. He told Insider the privacy of using a company like Folx made getting testosterone safer. Plume was founded by Jerrica Kirkley and Matthew Wetschler in 2019 to provide gender-affirming hormone therapy over telehealth. Certain policy developments could let Folx and Plume keep prescribing testosterone, though, and two senators have asked the Biden administration to loosen restrictions on the treatment. The Folx executive, the company's chief clinical officer, Kate Steinle, said the startup expected to be allowed to continue prescribing testosterone under this rule change.

☆ Amazon loses PillPack founders four years after acquisition of pharmacy startup
▼ + stars: | 2022-09-19 | by ( Annie Palmer | ) www.cnbc.com time to read: +2 min

With Amazon Pharmacy, Prime customers in the United States can get their prescription medications shipped to their home for free. Two Amazon executives who played a formative role in the retail giant's push into health care are departing. After the acquisition, Parker and Cohen helped steer the launch of Amazon Pharmacy, the company's online pharmacy for delivering prescription medications in the U.S. Amazon has accelerated its push into health care in recent years, though not all of its efforts have been successful. The pharmacy business struggled to gain traction, and Amazon recently announced it would shutter its telehealth service Amazon Care after finding it wasn't a "complete enough offering" for customers.

☆ An Adderall shortage is forcing some people with ADHD to reduce their work responsibilities, report says
▼ + stars: | 2022-09-18 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +3 min

Some retailers including Walgreens are facing problems getting enough Adderall, Bloomberg reported. The shortage has forced some people with ADHD to pare back their duties at work. "There are supply chain challenges with this drug," Walgreens spokesperson Rebekah Pajak told Bloomberg. Anthony Anderson told Bloomberg he too was struggling to maintain his productivity at work. Another person called Kyle told BuzzFeed he was concerned about how his work performance would be affected without Adderall.

☆ Here's an exclusive look the pitch deck youth mental-health startup Hopscotch used to raise $8 million from investors like Greycroft and Inspired Capital
▼ + stars: | 2022-09-13 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +3 min

Youth health-tech startup Hopscotch raised a seed round led by Greycroft and Inspired Capital. Hopscotch just raised an $8 million seed round led by Greycroft and Inspired Captial. Hopscotch is a full-service telehealth platform that provides in-network mental health care for children and teenagers. Youth mental health startups are booming and could become a $26 billion industry by 2027, as estimated recently by Telocity, the arm of Vinaj Ventures that invests exclusively in the space. Check out the 12-slide pitch deck that Hopscotch used to secure $8 million in seed funding.

☆ See the presentations that hot healthcare startups used to raise millions from top VCs
▼ + stars: | 2022-09-08 | by ( Lydia Ramsey Pflanzer | ) www.businessinsider.com time to read: +8 min

Here are the presentations obtained by Insider that healthcare startups have used to raise millions. Even so, healthcare startups raised $15.8 billion in the first half of the year, according to Silicon Valley Bank. Insider rounded up all the presentations we've published that healthcare startups have used to raise cash from investors. For instance, check out the 13-slide presentation heart-health startup Miga Health used to raise $12 million in seed funding. Brightside used this presentation to break through a crowded field of mental health startups and convince VCs to invest $24 million.

☆ The hidden side effect of overturning Roe v. Wade
▼ + stars: | 2022-07-12 | by ( Adam Rogers | ) www.businessinsider.com time to read: +14 min

Which means that, to a large extent, we won't know how the court's decision to overturn Roe v. Wade is actually the health and wellbeing of women and children. We could maybe look at all pregnancy-related emergency department visits, or look at changes in miscarriage and abortion numbers before and after. But even in the days of Roe, some states — including California — refused to provide abortion data to the CDC. Abortion data, like abortions themselves, have largely been subjected to a political debate over rights, at the expense of actual knowledge. They need numbers, they need facts, they need stories."

☆ The Digital Health Ecosystem 2022: How COVID changed the US healthcare system
▼ + stars: | 2022-02-02 | by ( Insider Intelligence | ) www.businessinsider.com time to read: +7 min

The following is a preview of one Insider Intelligence Health report, The Digital Health Ecosystem . Key digital trends in the health ecosystemWhat is digital health? While the healthcare industry was slow-moving when it came to digital solutions, COVID-19 upended the entire health ecosystem, including insurance, healthcare delivery, and pharmaceutical spaces. Telemedicine is a growing part of the digital health ecosystem. Health ecosystem forecast for 2021While some aspects of the healthcare ecosystem are tough to predict moving forward, one thing is certain: digital healthcare is here to stay.

☆ The technology, devices, and benefits of remote patient monitoring in the healthcare industry
▼ + stars: | 2022-01-15 | by ( Shelagh Dolan | ) www.businessinsider.com time to read: +5 min

One of the tools US health systems and hospitals are turning to for improved outcomes and reduced costs is remote patient monitoring (RPM) technology. Insider IntelligenceOne of the tools US health systems and hospitals are turning to improved outcomes and reduced costs is remote patient monitoring (RPM) technology. What is remote patient monitoring (RPM)? Remote patient monitoring (RPM) is a healthcare delivery method that uses technology to monitor patient health outside of a traditional clinical setting. What are remote patient monitoring devices?

☆ Here's how a Cleveland hospital is implementing a hybrid telehealth model during the ongoing pandemic
▼ + stars: | 2021-09-01 | by ( Heather Lindsey | ) www.businessinsider.com time to read: +6 min

MetroHealth quickly pivoted to telehealth to care for its diverse patient population in response to the pandemic. AdvertisementMetroHealth, a community hospital in Cleveland, Ohio, quickly ramped up its telehealth program for routine office visits and a Hospital at Home program to free up inpatient beds in response to the COVID-19 pandemic in 2020. "We flipped to doing pretty much all telehealth visits back in March of last year," said Dr. David M. Margolius, division director of internal medicine. The no-show rate for appointments has dropped from roughly 25% to 5% or less with telehealth visits. Training and support for healthcare providersMany clinicians and operational staff weren't accustomed to telehealth technology initially because nearly all healthcare delivery is based on an in-person care model.

Persons: —, David M, Albert Ferreira, MetroHealth, Margolius, Telehealth, Ferreira, Nicholas J, Dreher Organizations: Service, telehealth, Training, Technology, Bluetooth, Hospital, Health Innovation Institute Locations: Cleveland , Ohio, MetroHealth, COVID

☆ SEC Alleges Healthcare Executive Made Illicit Stock Sales Through Prearranged Trades
▼ + stars: | 2021-08-19 | by ( Dave Michaels | ) www.wsj.com time to read: 1 min

The Securities and Exchange Commission headquarters in Washington. The founder of telehealth provider Ontrak Inc. sold millions of dollars worth of stock while misusing a trading plan that executives normally deploy to shield themselves from such suspicions, the Securities and Exchange Commission alleged in a lawsuit filed Wednesday. According to the SEC’s court complaint, Ontrak chief executive Terren Peizer set up the prearranged trading plans in May and August 2021, just before his company disclosed the loss of health insurer Cigna Corp. as a major customer. Mr. Peizer sold about 641,000 shares of Ontrak stock when he was aware of the undisclosed bad news, the government says. When the company revealed on Aug. 19, 2021—three days after he began trading—that Cigna cut ties with Ontrak, the stock dropped 45%.

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