Month: March 2023

Digital health picks itself up after Silicon Valley Bank collapse

Digital health picks itself up after Silicon Valley Bank collapse

March 13, 2023

GABRIEL PERNA 

Venture capital firms and founders of digital health companies are picking up the pieces after an eventful few days tied to the failure of Silicon Valley Bank. 

“We had all of our money at Silicon Valley Bank. They were our full banking partners,” said Ellen DaSilva, CEO and founder of Summer Health, a text-based pediatric care provider. “When I started the company, I would say all of the people in my life also banked with SVB.” 

Digital health could get a reset following Silicon Valley Bank failure

Digital health could get a reset following Silicon Valley Bank failure

March 10, 2023

BROCK E.W. TURNER 

The Federal Deposit Insurance Corporation’s decision to take over Silicon Valley Bank on Friday is likely to leave many digital health companies scrambling to pay employees and suppliers. 

SVB, the nation’s16th largest bank and headquartered in Santa Clara, California, was a big bank for tech companies, startups and venture capital firms. The bank said on its website that it had $78.8 billion in healthcare deposits and investments as of December.

Where Physician Pay Is Falling

Where Physician Pay Is Falling

03/10/2023

Riz Hatton

Many physicians have expressed dissatisfaction with their income in light of inflation and CMS pay cuts. However, some specialties have seen a sharper drop in pay than others. 

This data was pulled from Physicians Thrive’s 2022 Physician Compensation Report and Merritt Hawkins and AMN Healthcare’s 2022 “Review of Physician and Advanced Practitioner Recruiting Incentives” reports.