Heather Landi

5 days ago | fiercehealthcare.com | Heather Landi

Hims & Hers stock plunged around 30% on Monday after drugmaker Novo Nordisk abruptly ended a month-long collaboration to make its weight loss drug Wegovy available on the telehealth company's platform. Novo Nordisk cited concerns about Hims & Hers selling and promoting knock-off compounded GLP-1 drugs, which are more affordable versions of the popular weight loss medications.

1 week ago | fiercehealthcare.com | Heather Landi

Hinge Health, which just went public last month, launched a referral network of in-person providers to complement its virtual physical therapy platform. The curated provider network for musculoskeletal (MSK) care, called HingeSelect, includes imaging centers and brick-and-mortar physical therapy providers to help bridge the gap between in-person and digital care. The aim is to offer a more comprehensive end-to-end MSK care model, executives said.

1 week ago | fiercehealthcare.com | Heather Landi

Artificial intelligence and software company Commure received $200 million in growth financing from General Catalyst’s customer value fund to fuel its sales and marketing efforts. Through its customer value fund, General Catalyst pre-funds a company’s sales and marketing budget, according to a GC blog post. In return, CVF is paid back by a capped share of the cohort of customers acquired, which allows businesses to grow faster while burning less.

1 week ago | fiercehealthcare.com | Heather Landi

Ohio Attorney General Dave Yost gave the greenlight for General Catalyst subsidiary Health Assurance Transformation Company to move ahead with its acquisition of Summa Health, but with a list of 10 conditions. Venture capital firm General Catalyst made waves in October 2023 when it announced the launch of HATCo to provide advisory services to health systems with ambitions to buy a hospital system. Three months later, General Catalyst announced its intent to acquire Akron, Ohio-based Summa Health.

1 week ago | fiercehealthcare.com | Heather Landi

Abridge expanded its generative AI tools for medical documentation into the inpatient setting, the company announced Wednesday. The new offering extends Abridge's current functionality for outpatient and emergency medicine to support inpatient care, integrating into existing Epic workflows. Abridge Inside for Inpatient was co-developed with electronic health record giant Epic as part of the company's participation in Epic's Workshop program.