Industry News Update 5/6/22

    May 2022 | Mike Murphy, Director of Business and Industry Analytics

    Industry Trends

    This week's highlights: Apple is facing charges over Apple Pay, Syllable raises$40 million in a Series C funding round, & Google officially began rolling out a new "Data safety" section for Android apps on the Play Store this week. 


    Regulatory, Legislative, and Legal News

    • The White House announced this week that it was calling on electronic health record vendors to incorporate information about Covid-19 antiviral therapeutics directly into their interfaces. It is also allowing tens of thousands of pharmacy locations to order free oral antiviral treatments directly from the federal government.
    • Moderna said Thursday it has asked the Food and Drug Administration to grant emergency clearance for its COVID-19 vaccine for children under the age of 6 after trial data showed it was safe and effective.
    • Apple is facing charges over Apple Pay following EU antitrust complaints the company restricted third-party access to key technology necessary to develop rival mobile wallet solutions on Apple's devices.

    Financial and Investment News

    • Teladoc reported Q1 results and it will take a charge of $6.6 billion to write down the value of its acquisitions, reflecting the waning market value of its acquisition of chronic care company Livongo.
    • Syllable, which sells intelligent voice systems for health system call centers and practices, raises $40 million in a Series C funding round.
    • Kidney care-focused analytics and population health management vendor Healthmap Solutions raises $35 million, bringing its total funding to $135.6 million.


    New Products and Services

    • Apple is launching its DIY phone repair service in the US today, making spare parts available for the iPhone 12, iPhone 13, and third-generation iPhone SE.
    • Microsoft revealed it’s adding a free built-in VPN service dubbed Edge Secure Network to its Edge web browser, but the feature limits you to 1GB of data usage per month.
    • The American College of Physicians (ACP), the American Telemedicine Association (ATA) and ORCHA have collaborated on a framework for assessing digital health technologies, including mobile apps and web-based tools used by healthcare professionals and consumers.

    Privacy and Security

    • Amazon's Astro home robot probes deeper into our lives than the company's existing technology like Alexa, and its array of features, including cameras, sensors and onboard AI, raise privacy concerns.
    • Google officially began rolling out a new "Data safety" section for Android apps on the Play Store this week to highlight the type of data being collected and shared with third-parties.
    • Google warned billions of Chrome users that the browser has been hacked in 'high threat' attack but said an update will be released in a few days to fix the issue.
    • The FBI warned organizations of BlackCat/ALPHV ransomware-as-a-service (RaaS) in its latest flash alert. The RaaS group has compromised at least 60 organizations worldwide. The Health Sector Cybersecurity Coordination Center (HC3) echoed the FBI’s alert, noting that multiple developers and money launderers for BlackCat/ALPHV were also linked to DarkSide and BlackMatter.

    Other News

    • As home care needs continue to expand, agencies are looking to technology to help address widespread staffing and funding shortages. These challenges and others were explored during MEDITECH’s virtual 2022 Home Care Symposium, bringing together 275 professionals to network and collaborate.
    • On the eighteenth anniversary of the creation of the ONC, Deputy National Coordinator Steven Posnack marked the occasion with a blog published to the ONC’s website.
    • A group of Apple employees have written an open letter to the company's executive team complaining about its new policy that only allows for two days of working from home.  They decried the hypocrisy of marketing its products as great for remote work.

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