PE dealmaking slows in Q3 | GI Alliance acquired for $2.8 billion in cash | Best of AI in 2024

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News Flash: Cardinal Health acquires GI Alliance, Advanced Diabetes for $3.9 billion (Scope Forward)

Cardinal Health will acquire a 71% stake in GI Alliance from physician owners and Apollo Global Management affiliates for approximately $2.8 billion in cash.

A new wave of gastroenterology breakthroughs (Becker’s GI & Endoscopy)

At the 30th annual ASC Business Meeting, leaders emphasized the transformative potential of AI, patient engagement tools, and noninvasive screenings in gastroenterology.

Private equity dealmaking in healthcare services falls again in Q3: PitchBook (Healthcare Dive)

According to a PitchBook report, the third quarter of 2024 saw 148 PE deals announced or closed in the healthcare services sector, a decrease from 185 in the previous quarter.

Mainz Biomed and Thermo Fisher Scientific Sign a Collaboration Agreement for the Development of Next Generation Colorectal Cancer Screening Product for Global Markets (GlobeNewswire)

Mainz Biomed has partnered with Thermo Fisher Scientific to jointly develop and potentially commercialize a next-generation mRNA-based colorectal cancer screening test.

Primary care player Forward shutters after raising $400M, rolling out CarePods (Fierce Healthcare)

Primary care disruptor Forward has announced an abrupt shutdown, closing its locations, canceling scheduled visits, and disabling its mobile app.

The best of artificial intelligence in 2024 (Gastrointestinal Endoscopy)

Recent studies demonstrate that AI enhances novice endoscopists' accuracy, with randomized trials showing reduced adenoma miss rates when AI-assisted colonoscopy is used.

Gifthealth Announces Strategic Partnership with United Digestive (PRNewswire)

With over 25% of GIs on the platform, Gifthealth has established itself as the market-leading patient access solution in the gastroenterology space.

8 New GI Studies With Practice-Shifting Implications (Medscape)

Dr. David Johnson shared key highlights from the 2024 American College of Gastroenterology (ACG) Annual Scientific Meeting, including promising research and updates in gastroenterology.

Private equity firm to buy Summa Health for $485M (HealthExec)

Ohio-based Summa Health has confirmed its acquisition by venture capital firm General Catalyst for $485 million.

AI-assisted colonoscopy boosts polyp removal, but ‘only benign, non-adenomatous lesions’ (Healio)

AI-assisted colonoscopy has shown promise in enhancing adenoma detection rates, but it also significantly increases the removal of benign, non-adenomatous lesions without adenoma removal.

Turning Headphones Into Health Devices Becomes a Major 2024 Trend (Headphonesty)

Headphones are evolving beyond audio, becoming powerful health monitoring tools.

AGA Clinical Practice Update on Endoscopic Scoring Systems in Inflammatory Bowel Disease: Commentary (Clinical Gastroenterology & Hepatology)

The American Gastroenterological Association (AGA) recently reviewed endoscopic scoring systems used to evaluate the severity of inflammation and mucosal healing in IBD.

Amazon One Medical rolls out telehealth treatment services in competition with Ro, Hims & Hers (Fierce Healthcare)

Amazon One Medical has launched a new telehealth subscription service for Amazon Prime members, focusing on treatments for lifestyle and health conditions.

Therapeutic Diets in Crohn’s Disease Management: What Role Do They Play? (Medscape)

Dr. Berkeley Limketkai and dietitian Kelly Issokson highlight that exclusive enteral nutrition and diets like the Mediterranean and Crohn’s Disease Exclusion Diet may help induce remission in CD.

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