UBiome Inc. said it would suspend performing two lab tests that it had been billing to insurers, the latest sign of trouble at the startup that had its offices searched by the Federal Bureau of Investigation late last month.
The company’s suspension of its SmartGut and SmartJane tests follows scrutiny by health insurers, some of which had largely or completely stopped paying for the tests, according to people with knowledge of the matter.
anotjer Theranos ? Is that Elizabeth Holmes?
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Here's a look at Mayo Clinic's digital health accelerator program startup participantsMayo Clinic selected six auspicious digital health startups for its MedTech Accelerator— a joint venture with Arizona State University.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Insiders describe aggressive growth tactics at uBiome, the health start-up raided by the FBI last weekAccording to four company insiders, uBiome was routinely billing patients multiple times without their consent as part of an aggressive growth plan that focused on increasing the number of billable tests served. The company also pressured its on-staff doctors to approve tests with minimal oversight. Na we don’t need regulations these companies love to help people Sounds like Holmes operation with a slight twist, Bad Blood
Source: CNBC - 🏆 12. / 72 Read more »
Health tech start-up uBiome suspends clinical operations following FBI raiduBiome has temporarily suspended clinical operations, and will stop selling its SmartJane and SmartGut tests until further notice. This is not Thoranos in that the FBI action isn't based on belief that the product is fake, but based on fake & repeat billing of a real testing to overcharge customers.. - Health tech start-up uBiome suspends clinical operations following FBI raid Bullish.
Source: CNBC - 🏆 12. / 72 Read more »
'We missed the mark': The inside story of the first weeks at buzzy startup Tia's clinic that aims to reinvent women's healthTia wants to make it easier and more comfortable for women to get healthcare. First, it has to confront some growing pains.
Source: BusinessInsider - 🏆 729. / 51 Read more »
A health insurance startup in North Carolina is betting on pharmacists in an entirely new approach to a $327 billion marketTroy Medicare will offer health insurance to seniors in North Carolina with an unusual twist: the plan will pay pharmacists to keep members healthy. In my opinion is more important preventing illness by adequate medical education among people. In Italy we have years of experience in health insurance and one of the most weak aspect of the health insurance is the habit of some physician to push the drugs' market. In my opinion is more important preventing illness by adequate medical education among people. In Italy we have years of experience in health insurance and one of the most weak aspect of the health insurance is the habit of some physician to enhance the drugs' market.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Customer complaints show $600 million health startup uBiome has been surprising patients and insurers with bills for yearsThe FBI raided uBiome's headquarters and its co-CEOs were placed on leave. The startup has said it's cooperating with authorities. Wow.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Fungus superbug Candida auris could spread to 13th state: health officialsThere have already been more than 600 reported cases of the infection, which can be fatal if it gets into the bloodstream. Is that virus common in people who use marijuana?
Source: Newsweek - 🏆 468. / 52 Read more »
Vitamin B-12 Deficiency: The Serious Health Problem That’s Easy To MissA Vitamin B-12 deficiency is all too common and often goes undiagnosed by doctors. But the symptoms can be devastating. Pernicious Leftism is more deadly. Sitting in the corner Don't want the window to see I'm hiding from my mind My thoughts are scaring me My life a series of possessions Never knowing who's in control Others are living through me Guess they weren't ready to go BBCWorld latimes I was suffering from anxiety and depression before it got diagnosed as vitamin B12 deficiency. One month of supplements and I was 90pc cured. Now I take a course every 3-6 mos and am much better.
Source: WSJ - 🏆 98. / 63 Read more »
Sunscreens may enter bloodstream, but health effect unknown, study findsSeveral active ingredients in popular sunscreens are absorbed into the body rather than just sitting on the skin, FDA study finds, but health effects are unknown. Wonderful. Thanks US_FDA for once again failing to do your due diligence. the things we use to prevent skin cancer may be causing other damage...isn't this why we need scientific research prior to approval?! *SMH* Modern World and all the poisons and half-truths medical industry feeds us
Source: NBCNews - 🏆 10. / 86 Read more »