Capital Finance
Piction Health partnered with over 200 dermatologists worldwide to build a data set across skin tones, says CEO and cofounder Susan Conover.
When a larger company buys a smaller company in the same industry, this "tuck-in acquisition" is relatively safe, says Aytan Dahukey, partner and leader of Sheppard Mullin's private equity team as well as a member of the firm's healthcare and emerging growth/venture capital teams.
The gift from the Pogue Foundation is one of only four $100 million philanthropic gifts ever publicly announced in North Texas.
Kaiser says the sale is an investment decision rather than due to liquidity concerns.
The hospital will include surgical services, a 30-bed inpatient rehabilitation unit and a full complement of imaging services.
Total transacted revenue of $12B for the quarter is near historically high levels, finds Kaufman Hall.
The center is designed to accommodate more than 80 principal investigator teams, as well as more modern technology.
Plans for the new facility will be to grow around the existing emergency and radiology departments, and increase inpatient beds.
The funding will go toward a new cardiovascular tower and emergency department, among other upgrades.
Digital health technology needs to be interoperable within the health system, says Siddhartha Mukherjee.