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STAT+: Bubble bursts: 2021 health tech IPOs and SPACs lose value, burn cash

STAT

Accelerated by the pandemic’s forced adoption of telehealth and other digital health solutions, 2021 saw more than 30 health technology startups go public, raising hundreds of millions and in some cases billions of dollars. Today, three members of the class of 2021 have gone bankrupt.

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The Febrile Infant: Incorporating the 2021 American Academy of Pediatrics guidelines

ALiEM - Pharm Pearls

In the most recent 2021 Clinical Practice Guideline, the American Academy of Pediatrics (AAP) aims to provide guidance with 3 separate age-based algorithms for the evaluation and management of the well-appearing febrile infant [4]. 2021 Apr;231:94-101.e2. Unfortunately, delayed or missed diagnosis can be devastating [1-3]. 2020.10.033.

Hospitals 360
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STAT+: 23andMe files for bankruptcy as CEO Anne Wojcicki resigns

STAT

It closed Friday valued at a hair under $50 million, a calamitous fall from 2021, when it went public and soared to a nearly $6 billion market cap.   The company will now try to sell itself through a court-supervised sale. In a statement released on Linkedin, Wojcicki made clear she plans to continue attempting to purchase 23andMe.

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Survey: Nearly 3 in 5 teen girls felt persistently sad or hopeless in 2021

STAT

Teen girls reported record levels of violence, sadness, and thoughts of suicide in 2021, experiencing distress at twice the rate of teen boys, according to new federal data released Monday. The nearly 3 in 5 teen girls who felt persistently sad or hopeless in 2021 was a 60% increase compared to a decade earlier. Read the rest…

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STAT+: Truveta enlists health systems, drugmakers to launch ambitious new genomic database

STAT

DNA sequencer manufacturer Illumina has also invested $20 million in the project, which builds on a 2021 investment and partnership from Microsoft, which will provide the cloud infrastructure for the project. Pharmaceutical company Regeneron has invested $119.5 Continue to STAT+ to read the full story…

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STAT+: Not-for-profit CommonSpirit Health paid its CEO $35 million in 2021

STAT

million in 2021, the latest year for which data is available.  CommonSpirit Health, the massive not-for-profit health system formed through a 2019 merger, paid its former CEO $35.5   The size of Lloyd Dean’s pay package is likely to reignite questions about health system CEO pay, especially at tax-exempt organizations.

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Beam is trading like it’s 2021

STAT

Want to stay on top of the science and politics driving biotech today?    Sign up  to get our biotech newsletter in your inbox. Good morning, everyone. Damian here with a look at a resurgence in psychiatric drug development, a big day for biotech stocks, and some innovation in the world of quarterly earnings. Read the rest…