Omada Health aims to go public with market cap of up to $1.1 billion

Omada Health aims to go public with market cap of up to .1 billion

Omada Health smart devices in use. Courtesy: Omada Health Omada Health plans to raise up to $158 million in its up coming IPO, attaining a market cap of about $1.1 billion at the top end of its expected range, according to a filing on Thursday. The virtual chronic care company filed its prospectus earlier this … Read more

Healthy Returns: RFK Jr.’s Covid vaccine recommendation change could threaten health, access

Healthy Returns: RFK Jr.’s Covid vaccine recommendation change could threaten health, access

A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. A wave of outrage is sweeping the scientific and medical world after Health and Human Services Secretary Robert F. Kennedy Jr.’s decision to stop recommending routine Covid-19 … Read more

CDC ends Covid vaccine recommendation for healthy kids and pregnant women

CDC ends Covid vaccine recommendation for healthy kids and pregnant women

U.S. Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. and Secretary of Education Linda McMahon attend a Make America Healthy Again (MAHA) Commission event, in the East Room of the White House in Washington, D.C., U.S., May 22, 2025. Evelyn Hockstein | Reuters The Centers for Disease Control and Prevention will no longer … Read more

Ambience announces OpenAI-powered medical coding model that outperforms physicians

Ambience announces OpenAI-powered medical coding model that outperforms physicians

Dr. Priti Patel, CMIO at John Muir Health, uses Ambience before starting a patient encounter. Courtesy of Ambience Healthcare Artificial intelligence startup Ambience Healthcare on Tuesday announced a new medical coding model that outperforms doctors by 27%. Ambience uses AI to draft clinical notes in real-time as doctors consensually record their visits with patients. The … Read more

Founders of Amazon’s PillPack launch health-care marketplace startup General Medicine

Founders of Amazon’s PillPack launch health-care marketplace startup General Medicine

General Medicine founders TJ Parker, Ashwin Muralidharan and Elliot Cohen. General Medicine After selling online pharmacy PillPack to Amazon seven years ago, the founding team is launching a new company that aims to make the experience of getting medical care “as easy as shopping online.” PillPack founders TJ Parker and Elliot Cohen on Thursday launched a … Read more

Hinge Health opens at $39.25 per share after pricing IPO at top end of range

Hinge Health opens at .25 per share after pricing IPO at top end of range

Hinge Health signage outside the New York Stock Exchange (NYSE) during the company’s initial public offering (IPO) in New York, US, on Thursday, May 21, 2025. Michael Nagle | Bloomberg | Getty Images Shares of Hinge Health popped in their debut on the New York Stock Exchange on Thursday after the digital physical therapy company raised … Read more

When 20,000 devices were paralyzed by a bad update, a Georgia health system turned to Apple

When 20,000 devices were paralyzed by a bad update, a Georgia health system turned to Apple

A customer carries an Apple MacBook Pro laptop outside an Apple store in Walnut Creek, California, US, on Wednesday, April 30, 2025. David Paul Morris | Bloomberg | Getty Images Apple devices will power a hospital in Georgia, a first for the company as it continues its push into the health-care sector.  Emory Healthcare on … Read more

Kennedy paints dire picture of children’s health in new report

Kennedy paints dire picture of children’s health in new report

The White House on Thursday released its long-awaited “Make America Healthy Again” report, painting a dire picture of American children’s health. The lengthy federal assessment’s goal is to identify the root causes of chronic diseases such as diabetes, obesity and neurodevelopmental disorders in children. “Our kids are the sickest kids in the world,” Health and … Read more

How UnitedHealthcare became the face of America’s health insurance frustrations

How UnitedHealthcare became the face of America’s health insurance frustrations

Flags fly at half staff outside the United Healthcare corporate headquarters in Minnetonka, Minnesota, Dec. 4, 2024. Stephen Maturen | Getty Images News | Getty Images It took six months, countless hours on hold and intervention from state regulators before Sue Cover says she finally resolved an over $1,000 billing dispute with UnitedHealthcare in 2023. … Read more

Hinge Health prices IPO at $32, the top end of expected range

Hinge Health prices IPO at , the top end of expected range

Hinge Health’s TrueMotion feature. Courtesy: Hinge Health Hinge Health priced its IPO at $32 per share on Wednesday, at the top end of the expected range. The digital physical therapy startup sold 8.52 million shares in the offering, raising about $273 million. The total offering was for 13.7 million shares, with the balance being sold … Read more