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UnitedHealth Stock Takes A Hit As Medicare Business Sparks Investor Panic

UnitedHealth Group, a longtime healthcare powerhouse, just took a brutal hit, missing earnings expectations and slashing its 2025 outlook. The company’s stock dropped rapidly Thursday morning, April 17, and it wasn’t just a blip — this was a full-on market reaction to what many are now calling a crisis moment. At the center of it all? A shaky Medicare business, a leadership shakeup, and the long shadow of a massive cyberattack. For years, UnitedHealth was considered untouchable on Wall Street. But now, the once-steady giant is showing signs of severe strain. Medicare Misfire Rattles Confidence In The Insurance Giant Investors didn’t just flinch — they ran. According to The Wall Street Journal, UnitedHealth stock tumbled about 18% in early trading, pulling other major healthcare players like Humana and CVS Health down​. What happened? The company’s Medicare Advantage division, which manages benefits for older and disabled Americans, faces deeper issues than previously disclosed....

Apr 17, 2025

Black Mamas Matter Alliance, GE HealthCare Foundation Strengthen Collective Action And Advocacy Around Black Maternal Health

Black Mamas Matter Alliance (BMMA) is mobilizing support for Black maternal health. Black Maternal Health Week April 11–17 is Black Maternal Health Week (BMHW), an initiative created by the Black women-led, cross-sectoral consortium Black Mamas Matter Alliance (BMMA), with the intent of raising awareness and fostering community around the experiences of Black mothers and birthing people, according to information shared with AFROTECH™. Atlanta-GA-based BMMA traces its origins to 2013 when the Center for Reproductive Rights (CRR) and SisterSong Women of Color Reproductive Justice Collective (SisterSong) began constructive research on the obstacles Black mothers face in accessing health care. Once it had become its own independent entity in 2018, BMMA established Black Maternal Health Week and began working with up to 18 community-based organizations. That number has since grown to nearly 50. Black Maternal Health Week also intentionally coincides with National Minority Health Month,...

Apr 14, 2025

James Oliver Received A $25K Grant From Techstars Co-founder Brad Feld To Fund Therapy Sessions For Founders Struggling With Their Mental Health

Being a founder is not an easy journey. James Oliver who is currently behind Kabila, a company connecting underserved founders to co-founders, capital, and community, had his fair share of challenges prior to the venture. In fact, his first startup, WeMontage, failed while he was also navigating the early days of fatherhood — his twin children were born prematurely at just two pounds each via an emergency C-section. As AFROTECH™ previously told you, some of his difficulties were launching his company as a non-technical founder creating software. Two days after his children’s births, he had to attend an accelerator, led by gener8tor, which was a two-hour drive from where he lived in northeast Wisconsin. Ahead of a presentation on demo day, Oliver was greeted by an angel investor group, and they were willing to invest $250,000. “I dropped to my knees and thanked God because everything I was going through at that time was really hard. So that was my introduction to being a parent and...

Apr 14, 2025

Community Advocate Corenza Townsend Is Why Louisville’s Majority-Black West End Now Has Its First Hospital In Over 150 Years

Chief Administrative Officer Corenza Townsend has opened a hospital in Louisville, KY. According to CBS News’ “Eye On America,” the idea was first planted eight years ago when Townsend was working as a nurse manager at a hospital in the Norton Healthcare system. She boldly pitched the concept of opening a hospital in Louisville’s majority-Black West End neighborhood to Norton Healthcare’s CEO. “We had this plan,” Townsend explained, according to the outlet. “It wasn’t in writing yet. We happened to see Russ Cox, our CEO, walking to the bathroom. So we stalked him outside the bathroom… Nobody thought he would actually say yes. He said, yes. He just listened to us and he said, ‘Let’s do it. What do you need?'” In late 2024, the Norton West Louisville Hospital reached the finish line after a two-year-long process. Its opening is especially timely, as the area had been without a hospital for over 150 years. “The life expectancy in West Louisville is about 12-and-a-half to 15 years...

Apr 8, 2025

Op-Ed: DOGE's Changes To Medicare And Social Security Will Hurt The Elderly And Those Who Care For Them

Editorial Note: Opinions and thoughts are the author’s own and not those of AFROTECH™. The tech industry has long had an obsession with youth. This is seen in how the industry conducts itself, who investors look to invest in, how people look at hiring in the world of startups, as well as which programs are being targeted by DOGE, and which ones aren’t, as they look to make the government more efficient. Over the last few months, the Department of Government Efficiency has aggressively looked for waste and fraud within the federal government. It started with organizations that do not come to mind for the average American, like the United States Agency For International Development, or USAID, which focuses on deploying aid to foreign countries for a variety of efforts centered around health, disaster aid, and economic development. DOGE came in like a wrecking ball to the organization, and as reported by ABC News in February, 4,080 employees worldwide were placed on leave and an...

Mar 25, 2025

Founder Erica Plybeah Has Raised Nearly $7M For Underserved Communities To Have Access To Non-Emergency Medical Transportation

Founder Erica Plybeah responded to an inconvenience with an innovative solution that improves the quality of life for patients needing medical transport. Established in 2017, she launched MedHaul to provide safe and reliable non-emergency medical transportation to individuals, regardless of their needs, per her LinkedIn. The company was inspired by her personal challenges in finding dependable transportation for her grandmother’s medical appointments in Memphis, TN, according to its website. Her grandmother has type-2 diabetes with a double-leg amputation. Living in an underserved area also limited access to transportation, and Plybeah wanted to lower this barrier for others, which motivated her to establish MedHaul, a company that works alongside healthcare facilities, research facilities, and community organizations to ensure people have access to medical transportation. Its technology is also helpful for healthcare providers to book medical transportation appointments that can...

Mar 10, 2025

Google Uses AI To Implement Successful 'Loss Of Pulse Detection' And Emergency Response Via Pixel Watch 3

Google is using artificial intelligence (AI) to save lives, successfully implementing Loss of Pulse Detection in the Pixel Watch 3. Initially announced in 2024 for the Pixel Watch 3 in the European Union, Google shared on Feb. 26, 2025, that it received clearance from the U.S. Food and Drug Administration (FDA) to implement the “first-of-its-kind feature” and begin its rollout in the United States at the end of March. In a previous blog post, Google explained that a loss of pulse happens when the heart suddenly stops beating. The condition can affect people at any age and may be caused by various issues, including primary cardiac arrest, respiratory failure, circulatory failure, overdose, or poisoning. When such a situation occurs, the watch automatically prompts a call to emergency services, potentially providing life-saving assistance. “For three years, Pixel Watch has given people peace of mind with safety and health features like Car Crash Detection, Fall Detection, Irregular...

Feb 28, 2025

Biotech Startup CircNova Raises $3.3M Seed Round To Advance AI-Driven Circular RNA Therapies

CircNova, a Michigan-based biotech startup, has completed a $3.3 million seed round to advance its technology, which uses artificial intelligence (AI) to target “circular RNA.” Crystal Brown co-founded CircNova in May 2023 with scientist Joe Deangelo. Brown told TechCrunch that it has since developed a “proprietary AI engine that allows us to identify, design, and then produce novel, non-coding, circular RNAs.” RNA, or ribonucleic acid, is present in all cells and is a key molecule that carries the instructions to convert genetic information into proteins. F irst discovered in 1976, circular RNA — a class of structures that forms a circle rather than a strand — regulates critical biological processes, per TechCrunch. The aim is to “treat diseases we haven’t treated so far, things like ovarian cancer, triple-negative breast cancer, neurodegenerative diseases, rare genetic diseases,” Brown said. CircNova’s website states that its AI NovaEngine is the first in the world capable of...

Feb 25, 2025

Pivotal Ventures Managing Director Of Investments Erin Harkless Moore Discusses How AI Could Improve The $648B Care Industry

Erin Harkless Moore believes artificial intelligence (AI) can improve the Care Economy. Since 2020, Moore has served as vice president and managing director of investments at Pivotal Ventures, a company launched by billionaire philanthropist Melinda French Gates to advance social progress and accelerate women’s influence globally, per its website. Gates has even committed $2 billion towards the mission. Furthermore, alongside partners, Pivotal Ventures prioritizes an expansive list of pillars within the $648 billion Care Economy, including mental health, paid medical and family leave, and women and tech innovation. Moore is tasked with leading a team responsible for selecting, investing in, and managing a diverse portfolio that adheres to Pivotal Ventures’ mission, her LinkedIn states. “We really start with our investment thesis and our direct investments in care looking at you know tech solutions that reduce burdens of care, lower cost of care, and improve access to care, and...

Jan 15, 2025

Black-Owned Pharmacy Opens In Toledo, OH, And Will Provide Mentorship And Employment To Students

A Black-owned pharmacy has opened in Toledo, OH. After seeing health disparities within communities during his residency with Kroger, pharmacist Anthony Pattin was driven to provide better access to underserved citizens. At the time, Pattin had already completed an undergraduate degree in pharmaceutical sciences and a PharmD from the University of Toledo, Toledo Blade reports. “One of my first projects was looking at African-Americans’ perceptions of vaccines,” he told the outlet. “I learned a lot. One thing is, not everyone feels the same way. I had a group of people who wanted vaccines but said ‘As a matter of fact, when I go to the pharmacy, they don’t offer it,’ and that’s how I found out that there are some pharmacies, even in their community, that didn’t offer that service. So that was a disparity — that you were saying that maybe they don’t want the service, but they don’t have it available.” While Pattin took note, the idea for a pharmacy was catalyzed by an elderly neighbor...

Dec 23, 2024

Op Ed: Why Women's Health Is The Next Area Of Opportunity In Tech

Editorial Note: Opinions and thoughts are the author’s own and not those of AFROTECH™. “Health is wealth” is a phrase that people have been using for years, and to me, it does not only refer to the health of one’s body but also to the opportunities that I see in health. The category has historically been geared towards products for men and women as a whole — and not focused on the issues that women specifically face. However, in the first half of 2024, digital health startups looking to improve women’s health outcomes saw a 3% increase in capital invested when compared to the first 6 months of 2023, showing a total of $679 million for 2024, according to PitchBook . This increased investment interest, I believe, will not only l ead to better health outcomes for women but present a set of opportunities for people to build their tech careers in this growing sector. The areas within women’s health that tech companies are targeting and show the most promise are companies focused on...

Dec 6, 2024

Amber Hill Raises $6.5M For An AI-Powered Platform On A Mission To Make Clinical Trial Administration Hands-Free

An observation Amber Hill made as a medical researcher jumpstarted her founder journey. In conversation with TechCrunch, Hill notes that she found manual administrative tasks tedious and felt that the time could have been put to better use. “I was spending so much time doing manual tasks that didn’t require any medical expertise. It’s a process that’s completely broken, and I knew it could be fixed,” she told the outlet. In 2020, Hill launched London, England-based Research Grid. The artificial intelligence (AI)-driven platform is intended to increase efficiency in clinical trials by automating manual processes, its website mentions. It currently offers two products: Inclusive and Trial Engine. Inclusive is described as a “community engagement sourcing and management platform” to support early trials through smart automations and patient engagement. This feature has grown a network of over 300 million patients across at least 90,000 communities. Its second product is Trial Engine, a...

Nov 11, 2024

NasaClip Has Raised $2.6M For Its Medical Device Marketed As The 'Band-Aid For Nosebleeds'

Dr. Elizabeth Clayborne is gaining traction in the investment world for her medical device known as the “Band-Aid for nosebleeds.” As AFROTECH™ previously reported, Dr. Clayborne is the founder of NasaClip, which was inspired by her time in residency in Washington, DC. Various patients were coming into the emergency room for an issue professionals in the medical field described as a “lower acuity issue.” “Nosebleeds are most common in kids age 2 to 10, older adults 55 to 80, who might be on blood thinners, it’s really the least likely population to manage it well. So when they can’t get that bleeding to stop, they show up to me in the ER, and they want me to treat them right away. They’re bleeding all over the waiting room demanding to be seen. But for us as ER docs, this is a lower acuity issue, but it happens to be really kind of time-consuming and cumbersome to deal with,” she said over a Zoom webinar held on Oct. 31, 2024. She continued, “I was frustrated as a resident. Often...

Nov 11, 2024

12-Year-Old Leaves Washington DC Hospital As The First Patient To Receive Approved Gene Therapy For Sickle Cell Disease

The first patient to receive gene therapy for sickle cell disease since its approval is finally home. The New York Times reported that staff members were overjoyed as 12-year-old Kendric Cromer left Children’s National Hospital in Washington, DC, in a wheelchair on Oct. 16, 2024. Kendric is one of approximately 20,000 people with the most severe form of sickle cell disease. This condition results from a mutation in the hemoglobin genes, causing red blood cells to take on a crescent shape. These misshaped cells can block blood vessels, leading to severe pain, stroke, organ damage, and reduced life expectancy. “I thought I would have sickle cell for the rest of my life,” Kendric said, according to The Times. Throughout his childhood, the disease had prevented him from enjoying playing basketball or riding a bike. Such activities would trigger pain and require frequent trips to the hospital. According to the Centers for Disease Control and Prevention , about 100,000 people in the U.S....

Oct 30, 2024

Louisiana's Southern University Celebrates The Largest Class Of Black Male Nurses In The University's History

Southern University’s College of Nursing and Allied Health is breaking barriers and making history in remarkable ways. According to WBRZ-2 News, the Baton Rouge, LA-based Historically Black College and University has achieved a significant milestone by welcoming the largest cohort of Black male nursing students in its history — 33 individuals. “The diversity of males in healthcare is very important for us,” said nursing student James Rodgers. “So to be a part of something like this is legendary for us.” Student Ray Washington added, “I think now other males, younger black males, older males having the opportunity to see what we’re doing here is only going to ignite a fire in them and say we have the opportunity to decide our own story and not allow the world to make that decision for us.” The students are determined to transform the face of healthcare while challenging stereotypes . Their commitment goes beyond caring for their peers; they aspire to make a lasting impact on their...

Oct 11, 2024

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