Digital Health Business & Technology Staff Crain's Chicago Business [email protected] Crain's Chicago Business team See All Staff Page Recent Stories Outcome Health investor lost 90% in company's downfall The hot Chicago startup badly missed revenue targets as it was completing a major venture-capital deal — just one of several new details revealed in court. Veradigm says software glitch inflated revenue reports Veradigm said that revenue-reporting errors caused by a software tool have caused the company to report inflated numbers over the last six quarters. GE HealthCare has a strong position—and a heavy debt load Spun off by longtime parent General Electric this month, GE Healthcare joins a local roster of health care giants that includes Abbott Laboratories, AbbVie and Baxter International. GE HealthCare makes first acquisition as independent company The Chicago-based medical device company acquired a French radiology equipment maker. Health system accused of giving patient data to Facebook Advocate Aurora in Chicago faces a proposed class-action lawsuit accusing it of purposely giving sensitive patient data to Facebook parent Meta. Precision medicine company Tempus raises $275M The precision medicine company said it raised $275 million in a combination of equity and debt financing. Amid declining venture-capital activity, investors flock to healthcare Of the 10 largest VC deals in Illinois during the third quarter, seven were with health care companies. CommonSpirit Health hit with IT security issue The large Catholic hospital system, headquartered in Chicago, took systems like electronic health records offline because of the issue. This new startup accelerator is focused on women's health Health care incubator Matter has a new program connecting startups that support women during menopause with mentoring from Walgreens, Astellas, UChicago Medicine and Parkview Health. Aligned with Epic, KeyCare raises $24 million KeyCare offers hospitals a virtual network for sharing patient records stored on Epic's EHR software. Startup NutriSense raises $25 million from investors Chicago-born NutriSense gives users personalized health advice from professional dietitians. PatientIQ raises $20 million The company makes software that integrates into electronic health records, and logs feedback directly from patients via surveys. United Physicians creates joint venture with national company for Medicare patients Under the deal, Agilon Health will put money in escrow for United's Medicare Advantage patients so the providers can enter into contracts under Medicare that tie their payments to outcomes and costs, a practice known as full-risk, value-based care. Drug pricing startup from former OptumRx CEO raises $35 million Backed by Google, Waltz Health aims to lower prescription drug costs. Advocate acquires remote patient-monitoring companies The deal marks the fourth transaction for the health system's investment arm since launching last year. Load More Sponsored Content
Digital Health Business & Technology Staff Crain's Chicago Business [email protected] Crain's Chicago Business team See All Staff Page