logo
Dr. Kenneth Alleyne Joins OneMedNet Board of Directors

Dr. Kenneth Alleyne Joins OneMedNet Board of Directors

MINNEAPOLIS, March 03, 2025 (GLOBE NEWSWIRE) -- OneMedNet Corporation (Nasdaq: ONMD) ('OneMedNet'), the leading Real World Data platform powered by AI-driven de-identification, announces the appointment of Dr. Kenneth Alleyne to its Board of Directors. A board-certified orthopedic surgeon specializing in sports medicine, Dr. Alleyne will assume the role of Chair of the Audit Committee, bringing extensive expertise in healthcare, insurance, investment, and corporate governance to the organization.
Dr. Alleyne is the managing partner of HartHaven Partners, a healthcare consulting firm supporting private equity and venture capital firms. He co-founded NextLevel Health Partners and Zing Healthcare, driving transformative initiatives in Medicaid and Medicare Advantage demonstrating his deep experience in the insurance sector. Additionally, he is a seed investor and served as founding chief medical officer of VirtualHealth, a platform managing over 10 million lives, and co-founder and CEO of Fizio Health, an AI-powered remote physical therapy solution. With this dual expertise, Dr. Alleyne is uniquely positioned to provide strategic guidance to OneMedNet's board in shaping innovative products tailored to the insurance and orthopedics sectors.
A graduate of Williams College, Dr. Alleyne completed his medical training at Wake Forest University, followed by residencies and fellowships at Howard University Hospital, Yale University, and the Harvard-MIT Division of Health Sciences and Technology.
'We are thrilled to welcome Dr. Alleyne to our board and as Chair of the Audit Committee,' said Jeffrey Yu, MD, Founder and Chairman of OneMedNet. 'His proven leadership in healthcare innovation and insurance will supercharge OneMedNet's mission. Ken's vast orthopedic expertise will help us enhance our iRWD™ platform to deliver cutting-edge solutions, deepen ties with medical device leaders in the orthopedics space, and empower insurance companies with actionable insights and cost savings—particularly in orthopedics, a critical high-spend area.'
About OneMedNet Corporation
OneMedNet is revolutionizing how the world unlocks Real-World Data (RWD), harnessing the untapped potential of over 1,400 healthcare sites through its iRWD™ platform. This isn't just data—it's the lifeblood of innovation, from de-identified medical imaging to electronic health records, fueling breakthroughs for drugmakers, medical device pioneers, and AI visionaries. With a network spanning rare diseases, oncology, cardiology, and beyond, OneMedNet delivers precision insights that redefine patient care and power the next wave of healthcare disruption.
Beyond healthcare OneMedNet's proprietary AI anonymizes data for industries like finance, retail, and telecom, unlocking endless possibilities—rigorously testing production system upgrades, de-risking complex projects, and securely sharing sensitive data by stripping out personal information. Learn more at www.onemednet.com.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as 'may,' 'should,' 'expects,' 'anticipates,' 'contemplates,' 'estimates,' 'believes,' 'plans,' 'projected,' 'predicts,' 'potential,' or 'hopes' or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of OneMedNet; our ability to keep pace with new technology and changing market needs; the competitive environment of our business; risks inherent with investing in Bitcoin, including Bitcoin's volatility; and our ability to implement our Bitcoin treasury strategy and its effects on our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this press release and other statements made from time to time by us or our representatives might not occur.
OneMedNet Contacts:
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

SNAP, Medicaid and tax deductions on the line in Senate bill
SNAP, Medicaid and tax deductions on the line in Senate bill

Axios

time20 minutes ago

  • Axios

SNAP, Medicaid and tax deductions on the line in Senate bill

A Trump-backed spending plan could end health insurance coverage for millions of Americans and drastically cut funding for the Supplemental Nutrition Assistance Program, known as SNAP. Why it matters: President Trump has called the legislation a " big, beautiful bill" but Feeding Texas, which represents 20 food banks in the state, says the bill would enact the "most sweeping rollback" of SNAP in U.S. history. The big picture: The latest version of the bill, which narrowly passed the Senate this week, would slash food and health benefits for the poorest Americans, while giving tax cuts to higher earners. "It's a great bill. There is something for everyone," Trump said Tuesday. The upshot: The bill would temporarily increase the cap on state and local tax deductions for federal tax returns to roughly $40,000 annually. Around 12% of Texas properties are taxed over $10,000, the current deduction limit. Yes, but: The bill would also reduce nutrition funding, which includes SNAP, by $186 billion between 2025 and 2034. Nearly 12 million people are projected to lose health insurance under the bill's proposed Medicaid changes. The bill would also cut funding for energy and natural resources while allocating $175 billion for border security and $150 billion for defense. Zoom in: Texas may have to pay an additional $806 million annually on administrative costs and food benefits if the cuts are enacted, per Feeding Texas. "The consequences would be profound and devastating," Feeding Texas CEO Celia Cole said in a statement. Friction point: The bill has received intense opposition across party lines. What's next: The House and the Senate will need to agree on a unified bill to send to the president.

Meta Just Boosted Its Stake in Ray-Ban's Parent—Analysts See AI Potential
Meta Just Boosted Its Stake in Ray-Ban's Parent—Analysts See AI Potential

Yahoo

time24 minutes ago

  • Yahoo

Meta Just Boosted Its Stake in Ray-Ban's Parent—Analysts See AI Potential

Meta Platforms, Inc. (NASDAQ:) is one of the . On July 9, BofA Securities analyst Justin Post raised the price target on the stock to $765.00 (from $690.00) while keeping a 'Buy' rating. The rating affirmation followed reports that the AI giant has acquired almost 3% stake in its AI-eyewear partner EssilorLuxottica, which is the parent company of Ray-Ban and Oakley. The investment reflects a deepening and longer-term partnership to develop smart glasses, as per the analysts. The reports further suggest that Meta may have the option to increase its stake in the eyewear company to 5% in the future. According to the firm, Meta's latest investment reflects a particular focus on smart glasses in Meta's hardware and AI wearable strategy, whereas its VR goggles are likely to underperform expectations. While we acknowledge the potential of META as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Democrats thought they found their midterm message on the megabill — but it could hit some snags
Democrats thought they found their midterm message on the megabill — but it could hit some snags

Politico

time33 minutes ago

  • Politico

Democrats thought they found their midterm message on the megabill — but it could hit some snags

'We will need to remind voters that the impact is going to kind of come in waves, and that a lot of the brunt of the damage won't be felt until next year, or even after the midterms,' Stevenson said. 'We just will have to remind them that provisions of the bill are still coming, that deadlines are looming.' But the bulk of the health care cuts Republicans built into their megabill — including reductions to the so-called provider tax many states use to help fund their Medicaid programs and new work requirements that could cost millions of people their coverage — won't kick in until after the midterms. Republicans have signaled they'll use the popular parts of the legislation like a tax deduction on tips to go on offense against Democrats. NRCC spokesperson Mike Marinella said Democrats were using 'desperate and disgusting fear-mongering tactics' and added the GOP would 'use every tool to show voters that the provisions in this bill are widely popular.' Polling shows voters are receiving mixed messages on Medicaid. A tracking survey from nonprofit health policy group KFF shows 63 percent of independents said they believe the bill will strip health care coverage from people who need it, but they also broadly support adding work requirements to the program. 'If Republicans are able to characterize these changes as simply fraud and waste, there may not be as drastic political implications,' said Ashley Kirzinger, associate director of KFF's Public Opinion and Survey Research Program. Another potential pitfall for Democrats: States use different names for the Medicaid programs — Medi-Cal in California, SoonerCare in Oklahoma, Health First Colorado — that could leave some voters unaware that the cuts are from national Republicans. Democrats will get a trial run for their Medicaid messaging in this year's gubernatorial races in New Jersey and Virginia. Rep. Mikie Sherrill, New Jersey Democrats' nominee to succeed term-limited Democratic Gov. Phil Murphy, has attacked her opponent for being 'fully on board' with Republican cuts, and argued that New Jersey is 'the first chance to hold them accountable at the ballot box.' Laura Matos, a Democratic strategist in New Jersey, noted that Republicans are 'counting on people not paying attention' to the impact of the bill, but also warned Democrats not to get too bogged down in national issues. 'For Mikie, it's this nebulous thing,' she said. 'You can talk about national issues, but what she really needs to do is pivot to the things she's going to do here to improve affordability and quality of life.' Rep. Mikie Sherrill, D-N.J., speaks at a 'Get Out the Vote' rally, June 7, 2025, in Elizabeth, New Jersey. | Heather Khalifa/AP But other Democrats are brushing aside concerns that voters won't register the impacts of the bill, pointing to substantial news coverage of its cuts to Medicaid and the more immediate changes to Affordable Care Act tax credits that could dramatically increase some Americans' health insurance costs.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store