Mortgage Blog
Redpoint Summit launches AI-driven health care product, gains its first investor
Redpoint Summit's new AI product aims to help do its part to ease health care provider burnout by making it easier and faster to handle the medication ordering process. In addition, the startup landed its first investor.
UPMC reports loss in quarter, first 9 months of 2023
The loss was due to higher labor and supply costs, higher utilization of health care and pharmaceutical costs on the insurance side, and legal settlements.
Capital One seeks dismissal of lawsuit claiming it shortchanged savings account customers
Plaintiffs say the bank “acted deceptively” in marketing its 360 Savings Account as high-interest.
Vita Group, I-Tek merger creates ‘one-stop shop’ for medical devices
The newly formed VitaTek offers services that stretch from R&D and injection molding up to distribution and deploying a sales team.
Health tech startup YourPath adds Philip Rutherford as COO
Before he joined the nonprofit sector in 2011, Rutherford spent most of his decades-long career at Microsoft, Micron Electronics, and companies within the Taylor Corp. in corporate sales, marketing, and management.
Portland-area helmet manufacturer closes on $2.5M funding round to fuel growth
Studson makes construction helmets with cutting-edge safety and cooling technology, and has been growing like gangbusters since it was founded two years ago.
Tampa’s Better Health Group plots new territory with $175M in firepower
The Tampa physician group is leveraging deep local talent and millions of dollars of investments to transform from a regional to national value-based care platform.
Merck to dish out up to $610M for Cambridge startup
Merck & Co. Inc. will spend up to $610 million to acquire a five-year-old biotech startup out of Cambridge.
Affordable Housing Trust unveils $60M impact fund to address affordability issue in Central Ohio
The funds will be used to increase the number of housing units in Central Ohio by facilitating and investing in developments that prioritize and preserve affordable homeownership and rental housing.
Former Wells Fargo, St. Louis Fed executive hired by U.S. Bank subsidiary
Desiree Coleman-Fry is the new chief strategy officer at St. Louis-based U.S. Bancorp Impact Finance, a subsidiary of the Minneapolis-based bank.