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Archives for June 2024

Cognizant Unveils Healthcare Large Language Models (LLMs) on Google Cloud’s GenAI Platform

by Syed Hamza Sohail 06/13/2024 Leave a Comment

Cognizant Unveils Healthcare Large Language Models (LLMs) on Google Cloud's GenAI Platform

What You Should Know: -       As part of an expanded partnership announced last August, Cognizant (NASDAQ: CTSH) has launched the first set of healthcare large language model (LLM) solutions on Google Cloud’s generative AI (genAI) technology, including the company’s Vertex AI platform and Gemini models, aimed at redesigning healthcare administrative processes and improving experiences. -       Google Cloud has awarded Cognizant
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Ushur Unveils AI-Powered Solutions to Streamline Care Navigation for Health Plans and TPAs

by Jasmine Pennic 06/13/2024 Leave a Comment

Ushur Unveils AI-Powered Solutions to Streamline Care Navigation for Health Plans and TPAs

What You Should Know:  - Ushur, the leader in AI-powered Customer Experience Automation (CXA), announced the launch of pre-built, self-service solutions designed to revolutionize care navigation for health plans and third-party administrators (TPAs).  - The AI-powered tools address the growing need for efficient and effective member support, particularly in navigating complex health journeys like pregnancy and chronic conditions. Addressing Challenges in Care
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Closing the Cell Therapy Access Gap with Closed Manufacturing Systems

by Joe Wong, Director of Engineering and Program Management, Ascential Medical & Life Sciences 06/13/2024 Leave a Comment

Closing the Cell Therapy Access Gap with Closed Manufacturing Systems

Cell and gene therapies have the potential to revolutionize medicine. These groundbreaking treatments use living cells to target and treat disease, and they will have a profound impact on the treatment of cancer, autoimmune diseases, and beyond. However, while scientific advancements in this field are accelerating quickly, manufacturing these treatments has remained costly and slow.  The access gap between patients eligible for cell therapy and those able to receive treatment is overwhelming.
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Foresite Capital Closes $900M Fund Targeting Precision Medicine & Innovation

by Fred Pennic 06/12/2024 Leave a Comment

Foresite Capital Secures $900M Fund Targeting Precision Medicine & Innovation

What You Should Know:  - Foresite Capital, a San Francisco, CA-based healthcare and life sciences investment firm, announced today the successful closing of its sixth fund with a significant $900M in capital commitments. This new fund fuels Foresite's mission to invest in groundbreaking technologies across the healthcare spectrum. - Fund VI attracted a diverse group of limited partners, including university endowments, charitable foundations, medical institutions, pension funds,
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NeuroFlow Acquires Owl, Creating Behavioral Health Measurement Powerhouse

by Fred Pennic 06/12/2024 Leave a Comment

NeuroFlow Acquires Owl, Creating Behavioral Health Measurement Powerhouse

What You Should Know:  - NeuroFlow, a provider of behavioral health technology infrastructure, announced the acquisition of Owl, a measurement-based care (MBC) technology company.  - The strategic acquisition positions NeuroFlow as a leader in behavioral health measurement and engagement, offering a comprehensive suite of solutions for a wider range of healthcare settings. - While expanding its reach and service offerings, NeuroFlow remains dedicated to customer collaboration
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Wheel Launches AI-Powered Platform for Virtual Care, Horizon

by Syed Hamza Sohail 06/12/2024 Leave a Comment

Wheel Launches AI-Powered Platform for Virtual Care, HorizonWheel Launches AI-Powered Platform for Virtual Care, Horizon

What You Should Know: -              Wheel, a leading provider of telehealth and virtual care solutions, announces the launch of its AI-driven Horizon™ platform. -              Horizon sets a new standard in care delivery by using AI to provide health plans, digital health solution providers, and life sciences companies with an 'easy button' to instantly scale
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University Hospitals Deploys Aidoc’s AI-Enabled Solutions Across Enterprise

by Fred Pennic 06/12/2024 Leave a Comment

What You Should Know:  - University Hospitals (UH) is revolutionizing patient care with the implementation of Aidoc's comprehensive AI platform (aiOS™) across its entire healthcare network.  - By integrating Aidoc's AI platform, UH minimizes technical hurdles and fosters a collaborative environment for ongoing AI optimization. This empowers UH to prioritize its core mission – exceptional patient care. With the aid of AI technology, UH can ensure every patient receives the most
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Brightside Health Now Offers Virtual Intensive Outpatient Programs

by Syed Hamza Sohail 06/12/2024 Leave a Comment

Brightside Health Now Offers Virtual Intensive Outpatient Programs

What You Should Know: -       In line with its commitment to providing the highest quality care, Brightside Health now offers virtual intensive outpatient programs (IOP) for substance use disorder (SUD). -       Brightside Health’s acquisition of Lionrock Recovery launched this new service, enabling the company to provide comprehensive telemental health treatment for a wider range of mental health conditions, including anxiety,
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AlidaBio Secures $7.5M to Optimize Epitranscriptomic Research

by Syed Hamza Sohail 06/12/2024 Leave a Comment

AlidaBio Secures $7.5M to Optimize Epitranscriptomic Research

What You Should Know: -              Alida Biosciences (AlidaBio), an innovator in epigenomic research tools, proudly announces the successful completion of a $7.5 million Series A funding round. This funding, led by Genoa Ventures with participation from FusionX Ventures and Vertical Venture Partners, is complemented by two ongoing SBIR grants totaling $4 million from The National Human Genome Research Institute
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DexCare Secures Strategic Investments from Tampa General, Community Health Network, Texa Health

by Fred Pennic 06/12/2024 Leave a Comment

DexCare Secures Strategic Investments from Tampa General, Community Health Network, Texa Health

What You Should Know:  - DexCare, Inc., a provider of care orchestration platforms for health systems, announced today the addition of three strategic investors: Community Health Network, Tampa General Hospital, and Texas Health Resources.  - These new partners join DexCare's impressive roster of existing health system investors, including Providence, Kaiser Permanente, and Mass-General Brigham. Industry Backing Fuels Growth This strategic investment, led by ICONIQ Growth
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