Novo Nordisk to buy sickle cell disease biotech Forma Therapeutics in $1.1B deal – MedCity News

Novo Nordisk to buy sickle cell disease biotech Forma Therapeutics in $1.1B deal – MedCity News

Novo Nordisk announced a big purchase on Thursday to augment its rare disease portfolio.  The Danish pharmaceutical giant is shelling out $20 per share in cash to acquire clinical-stage biotech Forma Therapeutics, which focuses on rare hematologic diseases. The deal represents a total equity value of $1.1 billion, about $425 million more than Forma’s current market cap. The transaction is […]

The Rise of the Virtual Nurse

The Rise of the Virtual Nurse

Vanderbilt University Medical Center in Nashville, Tenn., uses mobile devices with audio and video capabilities for its “virtual sitter” program, which allows nurses to monitor multiple patients at once. “They kind of look like a robot that you would see in a cartoon,” Karen Hughart, senior director of nursing informatics at VUMC, says of the devices. VUMC’s virtual sitter program […]

15 Editor-Loved Pieces to Buy During Old Navy’s Labor Day Sale

15 Editor-Loved Pieces to Buy During Old Navy’s Labor Day Sale

As POPSUGAR editors, we independently select and write about stuff we love and think you’ll like too. If you buy a product we have recommended, we may receive affiliate commission, which in turn supports our work. Believe it or not, Labor Day is nearly here, and we’re about to take major advantage of this year’s sales. Countless brands are discounting […]

Home- And Community-Based Services Make Up $69.5 Billion Of Fee-For-Service Medicaid Expenditures

Home- And Community-Based Services Make Up $69.5 Billion Of Fee-For-Service Medicaid Expenditures

Total Medicaid managed care spending across all 50 states saw an increase last year. In fact, spending checked in at $420.5 billion in 2021, compared to $359.6 billion in 2020, according to data collected in the annual CMS-64 Medicaid expenditure report. Additionally, home and community-based services make up a big chunk of this spending. At $69.5 billion, these services are […]

Medable rolls out new decentralized trial software for speedier vaccine development – MedCity News

Medable rolls out new decentralized trial software for speedier vaccine development – MedCity News

Medable is arguably the strongest company in the decentralized clinical trials space. If fundraising is any measure of success, the company has raised more than $521 million since its founding in 2012  — significantly more than its competitors, which include Curebase, Science 37 and Clara Health.  On Tuesday, Medable made its product offerings more robust by rolling out two new […]

Wellstar Health System to close Atlanta Medical Center

Wellstar Health System to close Atlanta Medical Center

Wellstar Health System plans to close Atlanta Medical Center, a 532-bed hospital that has shouldered a disproportionate load of the area’s uncompensated care.  The not-for-profit system will start winding down services and close the hospital by Nov. 1 after determining the facility cannot sustain waning revenue and surging labor and supply costs, Wellstar said in a news release issued late Wednesday. Atlanta […]