Hospitals’ operating margins fell to 1.4% in July, down from 2.2% in May and June, according to new data from Kaufman Hall. The margin decrease was driven largely by a seasonal slowdown in elective surgeries and payer mix pressures. The post Hospital Margins Fell This Summer Amid Outpatient Slowdown, Data Shows appeared first on MedCity News.

The Series C funding round was from The General Partnership, Index Ventures, General Catalyst and Andreessen Horowitz. The post Thatch Secures $108M, Reaches $1B Valuation appeared first on MedCity News.

GSK is acquiring global rights to a T cell engager that Chimagen Biosciences developed to hit three targets. GSK believes this tri-specific approach could offer advantages over currently available drugs that hit two targets, but other big pharma companies are also developing trispecific antibodies. The post GSK Commits $750M to Get Chimagen’s Phase 1-Ready Drug for Multiple Myeloma appeared first on MedCity News.

Pharma leaders must take a “construction crew” mindset and start treating workforce development in the same manner as they do critical infrastructure. The post The Real Bottleneck in U.S. Pharma Reshoring Isn’t Factories – It’s Talent appeared first on MedCity News.

[Sponsored] A new white paper from LiveWorld highlights how AI tools for healthcare marketers fall short and what’s needed for more effective marketing strategies. The post How Human-Led AI Improves Healthcare Marketing Intelligence appeared first on MedCity News.

Nara Health’s funding was led by Khosla Ventures, with participation from Long Journey Ventures and Superior Studios.  The post Nara Health Secures $14M for Third Party Administration Platform appeared first on MedCity News.

Scholar Rock’s Isembyld isn’t the only FDA-approved therapy for spinal muscular atrophy, but it is the first one that directly targets muscle tissue. Isembyld is the first commercial product for Scholar Rock, which is also evaluating the antibody in other rare muscle disorders. The post Scholar Rock Drug Wins First-in-Class Approval in Rare Neuromuscular Disease appeared first on MedCity News.

If trust, transparency, and accountability remain core values in medicine, AI governance cannot be left to improvisation.  The post Shadow AI Is the Fastest Growing Force in Medicine, and Hospitals Are the Only Ones Who Can Control It appeared first on MedCity News.

[Sponsored] A new Experian playbook shows what privacy-first activation looks like in practice, from governed onboarding through partner-enabled measurement. The post From Onboarding to Outcomes: The Privacy-First Identity Workflow for Pharma Marketing appeared first on MedCity News.

Interra Health is helping Medicare patients access $50-per-month GLP-1s through the new Bridge program. The post Interra Health Adds GLP-1 Bridge Program Support appeared first on MedCity News.

Inspiren, a company selling an AI-powered senior living platform, raised $70 million in Series C funding led by NewView Capital. The platform uses ambient sensors and computer vision to predict falls before they happen. The post Inspiren Rakes In $70M to Scale Its AI-Powered Senior Living Platform appeared first on MedCity News.

The problem is not that companies have failed to make easy-to-use applications. Rather, it’s that there have been limitations to what software can realistically do in a modern healthcare environment. The post Healthcare Needs Software That Handles a Messy Reality appeared first on MedCity News.

Flare Capital Partners led the Series A round. Craft, Obvious Ventures, Eniac Ventures, InHealth Ventures, Epsilon Health Investors and ARTIS also participated. The post GenHealth.ai Raises $16.5M to Automate Healthcare Administrative Tasks appeared first on MedCity News.

Nutromics earned FDA breakthrough device designation for its wearable patch that tracks vancomycin levels in real time. The device aims to replace the periodic blood draws currently used to dose the tricky-to-manage antibiotic. The post Nutromics Nabs FDA Breakthrough Status for Antibiotic Monitoring Patch appeared first on MedCity News.

Automation in healthcare gains value when it strengthens the conditions that allow clinicians to practice at the top of their training. The post Augmenting the Systems That Support Patient Mobility appeared first on MedCity News.