What You Should Know:
Vyne Medical announced the acquisition of Ahana Pediatrics, Inc., and its advanced connected care solution. Designed to empower groups of clinicians to collaborate in delivering higher-quality care to patients, the technology will be incorporated into Vyne Medical’s cloud-based Refyne™ platform. Financial details of the acquisition were not disclosed.
Vyne Medical’s SaaS-based Refyne platform helps optimize workflows and maximize reimbursements for hospitals, health
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Archives for 2021
Leveraging Technology to Optimize Staffing Shortages Post-Pandemic
Chronic understaffing and nurse burnout are two of the greatest and long-standing challenges within the healthcare industry. As a result of the pandemic, these challenges were acknowledged more than ever before. Pre-pandemic research highlighted the fact that the nurse vacancy rate in the United States was 9% at the start of 2020, while the average turnover of bedside nurses was 17%. These trends have only accelerated during COVID-19 and during this period of transitioning into a new normal.
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Sorcero Raises $10M for AI-Powered Medical Language Intelligence Platform
What You Should Know:
- Sorcero, a provider of medical and technical Language Intelligence (LI), today announced the close of a $10M Series A financing round led by CityRock Venture Partners and Harmonix Fund. The round also included participation from Rackhouse, Mighty Capital, and Leawood VC, and joining previous investors, Castor Ventures and Worldquant Ventures, to support the increasing demand from new and existing customers.
- Sorcero’s Language Intelligence platform combines the
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Rune Labs Lands $22.8M to for Neurology Precision Medicine Platform
What You Should Know:
- Today, Rune Labs, founded by the former head of Google neuroscience, announced a $22.8M Series A round for the development and delivery of precision medicine for neurodegenerative and psychiatric disorders and diseases like dementia, Alzheimer’s, and Parkinson’s, as well as neurological conditions resulting from COVID infections. The round was led by Eclipse Ventures with participation from current investors including DigiTx and Moment Ventures. Justin Butler, Partner
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Flywheel Acquires Radiologics, Raises $22M for Biomedical Research Platform
What You Should Know:
- Flywheel, a biomedical research data management platform, announced the acquisition of St. Louis-based Radiologics. The two organizations’ combined capabilities in imaging research data management and analytics provide the medical research community unrivaled end-to-end research workflow solutions—from open source to global enterprise.
- In addition, the company announced a $22M Series C funding round led by 8VC with participation from investors iSelect, Argonautic
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Caresyntax Raises Additional $30M for Digital Surgery Platform
- Caresyntax, a digital surgery platform, today announced a $30M extension to its Series C funding round included participation from BlackRock, ProAssurance, and Harmonix. In addition to existing investors such as the Relyens Group and IPF Partners. This extension brings the total Series C funding to $130M.
- Caresyntax’s digital surgery platform uses proprietary software and artificial intelligence to analyze large volumes of real-world data in and around the operating room to deliver
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Intermountain and SCL Health Announce Merger to Form 33-Hopsital System
What You Should Know:
- Intermountain Healthcare and SCL Health, two leading nonprofit healthcare organizations, have signed a Letter of Intent to merge and create a model health system that provides high-quality, accessible, and affordable healthcare to more patients and communities in Utah, Idaho, Nevada, Colorado, Montana, and Kansas. The intention is that a definitive agreement will be finalized and signed by the end of 2021.
- The pending merger will employ more than 58,000
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Telehealth: Short-Term Fad or Key to Improving Access to Affordable Healthcare?
While telehealth offerings have always held great promise, prior to 2020, their success was sometimes hindered by provider hesitation to adopt the technology, consumer reluctance to using virtual care, and a reimbursement methodology that did not value the investments required by providers or the positive impact on patients.
That all changed practically overnight when COVID-19 struck.
Use of telehealth spiked to more than 32% of office and outpatient visits by April 2020, thanks in
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Reimagining Patient Support Through Digital Peer Coaching Programs
Studies have found that social connectedness is so critical to human life that loneliness is more dangerous than obesity and isolation can increase mortality by 30%. Peer support, which is a system of giving and receiving help from others with a shared experience, not only increases social connectedness but also creates opportunities for participants to connect with their peers and exchange practical tips for how to overcome the challenges they face in the course of their daily lives.
Within
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CVS Caremark Expands Efforts to Tackle Health Disparities
What You Should Know:
- CVS Caremark announced an expansion of its efforts to address health disparities among patients, starting with certain conditions including sickle cell disease, HIV, and cardiovascular disease.
- CVS Caremark is working with its clients to create health equity strategies for PBM members with certain conditions that disproportionately affect patients of color. The company will also use its broad reach and collaborate with community partners to determine the
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