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Archives for April 2025

M&A: Teladoc Acquires Virtual Mental Health Provider UpLift for $30M+

by Fred Pennic 04/30/2025 Leave a Comment

Teladoc Acquires Virtual Mental Health Provider UpLift for $30M+

What You Should Know:  - Teladoc Health, a global leader in virtual care, announced the acquisition of UpLift, a technology-enabled provider specializing in virtual mental health therapy, psychiatry, and medication management services.  - The deal includes an upfront payment of $30M, with the potential for up to an additional $15 million based on contingent earnout considerations. UpLift generated approximately $15 million in revenue in 2024. Moving forward, UpLift's financial
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Chipiron Secures $17M to Transform MRI Access with Portable Scanner

by Fred Pennic 04/30/2025 Leave a Comment

Chipiron Secures $17M to Transform MRI Access with Portable Scanner

What You Should Know:  - French deeptech startup Chipiron today announced it has raised $17M in a Series A funding round to finalize the development of its compact, affordable MRI system.  - Led by Blast, with participation from the EIC Fund and iXcore, and supported by public funding initiatives including France2030 and the EIC Accelerator, the investment aims to make highly accurate MRI technology accessible worldwide. Tackling MRI Accessibility Challenges Magnetic
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Abbott to Integrate FreeStyle Libre Glucose Data with Epic EHR

by Jasmine Pennic 04/30/2025 Leave a Comment

Abbott to Integrate FreeStyle Libre Glucose Data with Epic EHR

What You Should Know:  - Abbott, a provider of continuous glucose monitoring (CGM) biowearable technology, has announced a landmark agreement with Epic Systems, a major provider of electronic health records (EHR).  - The first-of-its-kind collaboration for Abbott will integrate patient glucose data from its leading FreeStyle Libre CGM systems directly into Epic's EHR platform across the United States. FreeStyle Libre Integration with Epic Aura The integration leverages
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TempoPay Launches Rx Financing Solution to Combat Prescription Non-Adherence Due to Cost

by Fred Pennic 04/30/2025 Leave a Comment

TempoPay Launches Rx Financing Solution to Combat Prescription Non-Adherence Due to Cost

What You Should Know:  - TempoPay, a subsidiary of healthcare financing provider PayMedix announced the launch of TempoPay Rx, a new financing solution specifically designed to help individuals afford prescription medications and address the growing problem of non-adherence driven by cost. - The launch of TempoPay Rx is also positioned as a strategy to lower overall healthcare expenditures. Medication non-adherence is known to lead to worsening health conditions, resulting in
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Verily Receives $14.7M Grant from Michael J. Fox Foundation to Create Rich Molecular Dataset for Parkinson’s Research

by Fred Pennic 04/30/2025 Leave a Comment

Verily Receives $14.7M Grant from Michael J. Fox Foundation to Create Rich Molecular Dataset for Parkinson's Research

What You Should Know:  - Verily, an Alphabet company focused on health data platforms and AI, today announced it has received a significant $14.7M grant from The Michael J. Fox Foundation for Parkinson’s Research (MJFF).  - The funding will support the generation of a comprehensive molecular dataset aimed at accelerating research into Parkinson’s disease. Building on the Personalized Parkinson’s Project The new initiative will leverage and significantly expand upon data
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Stanford Health Care Embeds Atropos RWE Directly into Clinical Workflow & Notes

by Syed Hamza Sohail 04/30/2025 Leave a Comment

Stanford Health Care Embeds Atropos RWE Directly into Clinical Workflow & Notes

What You Should Know: -       Atropos Health, a leader in translating real-world clinical data into personalized real-world evidence (RWE) and insights, today announced further integration with Stanford Health Care, to extend the availability of evidence within the electronic health record. -       Atropos Health, already installed inside Stanford Health Care’s firewall, will now generate evidence that will help  clinicians
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Lumeris Integrates Wolters Kluwer UpToDate into Tom™ AI Platform for Primary Care

by Syed Hamza Sohail 04/30/2025 Leave a Comment

Lumeris Integrates Wolters Kluwer UpToDate into Tom™ AI Platform for Primary Care

What You Should Know: -   Lumeris, a leader in healthcare technology and services, today announced the integration of Wolters Kluwer Health UpToDate®, a market-leading clinical decision support solution, into Tom™, the industry’s most advanced AI-powered Primary Care as a Service™ solution. - The collaboration aims to support overburdened physicians with real-time, evidence-based recommendations delivered directly within their clinical workflows at point-of-care, enhancing decision-making
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The Critical Role of Medical Display Technology in Modern Healthcare

by Jim Salamon, National Leader for Medical Team, LG Electronics USA 04/30/2025 Leave a Comment

Jim Salamon, National Leader for Medical Team, LG Electronics USA

The latest medical display technology plays a critical role in enhancing and advancing the way physicians diagnose, monitor, and treat patients, assisting both physicians and patients in their interactions within the healthcare environment, while enhancing partner hospital efficiency, streamlining staff operations, reducing equipment costs, and facilitating more remote work opportunities. As the technology continues to evolve and innovate, the future of healthcare is increasingly reliant on the
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Basil Systems Secures $11.5M to Expand AI-Powered Intelligence Platform for Life Sciences

by Fred Pennic 04/30/2025 Leave a Comment

Basil Systems Secures $11.5M to Expand AI-Powered Intelligence Platform for Life Sciences

What You Should Know:  - Basil Systems, a provider of an AI-powered product lifecycle intelligence platform tailored for the life sciences industry, announced it has raised a total of $11.5M in funding led by Golden Ventures, with participation from Hearst Ventures and Argosy Capital. - The infusion of capital is earmarked for significant expansion efforts, including enhancing its enterprise BasilIntel SaaS platform, deepening product capabilities, and accelerating the adoption of
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iCAD to Integrate AI Breast Cancer Detection into Microsoft’s Precision Imaging Network

by Jasmine Pennic 04/30/2025 Leave a Comment

iCAD, GE HealthCare Integrate to Advance Breast Cancer Detection with AI

What You Should Know:  - iCAD, Inc., a global leader in clinically proven AI-powered cancer detection solutions, announced today a strategic collaboration with Microsoft. - The partnership will integrate a set of iCAD's AI-powered mammography solutions, part of its ProFound Breast Health Suite, into Microsoft’s Precision Imaging Network, significantly expanding access to advanced breast cancer detection tools for clinicians. Integrating AI Mammography into Leading Radiology
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