Local ML / AI Startup CoreBiome Scooped Up By OraSure

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Newly Launched CoreBiome Touts Microbiome ‘Profiling’ ServicesVia News Release

“Today, the University of Minnesota announced that its 2017 start-up company CoreBiome Inc. was acquired by OraSure Technologies, Inc., a leader in the development, manufacturing and distribution of point-of-care diagnostic and collection devices to detect or diagnose critical medical conditions. The transaction is expected to close in the next week.”

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Minnesota Tech Startup Showcase: Healy

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Via Pioneer Press

Lynn Smith, technology entrepreneur and founder of Healy, couldn’t help joining this paradigm shift by creating a forward-looking company that combines the best of emerging technologies to solve the longstanding problems of our health care system. She is creating a new economic world order where patients control and leverage their own health care to create a new kind of public good.”

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Best Buy Beefs Up HealthTech Biz

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Via Star Tribune

“It has been four months since Best Buy Co. Inc. announced it was spending $800 million in cash to buy GreatCall, a mobile device and emergency call service for older adults and their family caregivers.

Since closing on the deal in October, the Richfield-based retailer has quietly beefed up its focus and expertise around its health care business.”

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Best Buy Adds Another Major Exec To BOD In Health & Wellness Charge

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Via News Release

“Best Buy Co., Inc. (NYSE:BBY) today announced that Eugene A. Woods, a leading health care executive, has been appointed to its Board of Directors, effective immediately.

Woods is president and CEO of Atrium Health (formerly known as Carolinas HealthCare System), one of the nation’s most comprehensive, highly integrated and innovative health care systems. Atrium operates 44 hospitals and more than 900 care locations, ranging from physician offices and behavioral health centers to nursing homes. The Charlotte, North Carolina-based company has annual revenue of nearly $10 billion and is responsible for more than 11.5 million patient interactions each year”

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3M To Buy AI Healthcare Tech For A Billion Dollars

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Via News Release

“ST. PAUL, Minn. & FRANKLIN, Tenn.–(BUSINESS WIRE)– 3M today announced that it has entered into a definitive agreement to acquire the technology business of M*Modal, for a total enterprise value of $1.0 billion.

M*Modal is a leading healthcare technology provider of cloud-based, conversational Artificial Intelligence (AI)-powered systems that help physicians efficiently capture and improve the patient narrative so they can spend more time with their patients and provide higher quality of care.”

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