Medtronic Reports Cybersecurity Flaw in Insulin Pumps

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Via Twin Cities Business

Medtronic on Thursday reported a cybersecurity flaw in its older-model insulin pumps. The company has notified customers that the flaw could make the devices vulnerable to hackers. If someone were to wirelessly connect to a nearby pump, they could change settings and control insulin delivery, which could lead to serious health problems.

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Minnesota Cup Winner MicroOptx is Raising $16.8M

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Via Minne Inno

Image result for MicroOptx logo“MicroOptx, a medical device company that won the Minnesota Cup’s grand prize in 2017, has raised $13.8 million in a planned $16.8 million round, according to an SEC filing. The company raised the $13.8 million from 48 investors, the filing states. MicroOptx could not immediately be reached for comment regarding its plans for the new funding. Maple Grove-based MicroOptx makes a device for treating glaucoma, a condition that causes damage to the optic nerve and results in vision loss. The company offers a tiny implant that aims to reduce pressure on these nerves.”

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Sansoro Health and Datica Announce Merger

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Via News Release

Image result for datica logo“Minneapolis, MN – June 26, 2019 – Sansoro Health, Inc. and Datica Health, LLC. announced today they have merged, offering a self-service platform for securing cloud-based applications and integrating patient data from multiple sources. The combined entity retains the Datica name and is headquartered in Minneapolis. Jeremy E. Pierotti, previous CEO and co-founder of Sansoro Health, will assume the role of CEO. Travis Good, MD, previous Datica CEO and co-founder, will serve as Chief Technology Officer (CTO).”

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UnitedHealth Group acquires PatientsLikeMe

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Via News Release

UnitedHealth Group has acquired online patient community portal PatientsLikeMe as of June 19, according to an announcement sent out via email to members of the latter’s DigitalMe study this afternoon. The announcement explains that as part of the acquisition, the startup will now become part of UnitedHealth Group’s research arm that focuses on healthcare improvements and innovation.”

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UnitedHealth To Buy Healthcare Payments Firm Equian For ~$3.2b

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Via CNBC

“UnitedHealth has agreed to buy health-care payments firm Equian from its private-equity owner New Mountain Capital for about $3.2 billion, The Wall Street Journal reported on Thursday, citing people familiar with the matter. The sale to the U.S. health insurer is the culmination of a months-long auction process, WSJ said.”

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Shaking Up Clinical Education With ClinicianNexus CEO Katrina Anderson

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Via Twin Cities Business

“Wisconsin native Katrina Anderson hasn’t been through medical school, but she’s seen firsthand how grueling the process can be, especially when it comes to clinical rotations.  Before launching her own company in 2016, she worked in HealthPartner’s central education department, where she helped place medical students into rotations.”

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Industry Vet Meg Koepke Joins NovuHealth as VP of Strategy

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Via News Release

“MINNEAPOLIS, June 20, 2019 (GLOBE NEWSWIRE) — NovuHealth, the healthcare industry’s leading consumer engagement company, today announced it has hired Meg Koepke as Vice President of Strategy. With more than 20 years of experience driving change with organizations such as Deloitte and the Center for Medicare and Medicaid Innovation, Koepke has extensive industry expertise and will guide NovuHealth’s strategy and market expansion opportunities.”

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The Mayo Clinic Is Testing Memory Chips Surgically Implanted In The Human Brain

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Via Bloomberg

“In a grainy black-and-white video shot at the Mayo Clinic in Minnesota, a patient sits in a hospital bed, his head wrapped in a bandage. He’s trying to recall 12 words for a memory test but can only conjure three: whale, pit, zoo. After a pause, he gives up, sinking his head into his hands.

In a second video, he recites all 12 words without hesitation. “No kidding, you got all of them!” a researcher says. This time the patient had help, a prosthetic memory aid inserted into his brain.”

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Sink Your Teeth Into This New App: Yonder Eases Kids’ Fear Of The Dentist

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Via Twin Cities Business

“While working on a new system for restraining children in the dentist’s chair, two University of Minnesota fellows came up with a way to calm kids without holding them down. It’s a new app called Yonder, which helps kids navigate the experience of visiting the dentist for the first time.”

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Best Buy Acquires Another Remote Senior Monitoring Service

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Via mobihealthnews

Best Buy has acquired remote senior monitoring service Critical Signal Technologies (CST) and will use its platform to bolster a push into the Medicare Advantage market, the retail electronics company shared during a May 23 investor call.

Best Buy did not outline the terms of the deal during the call, only specifying that it had closed during Q2, funded with existing cash and not expected to have a material impact on revenue or operating income for the year. MobiHealthNews has reached out to Best Buy and CST for additional comment, and will update this story with any response.”

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