GRAIL, Inc., a life sciences company whose mission is to detect cancer early when it can be cured, today announced it has raised $900 million in Series B funding led by ARCH Venture Partners with participation from Johnson & Johnson Innovation, Amazon, Bristol-Myers Squibb, Celgene, McKesson Ventures, Merck (known as MSD outside the United States and Canada), Tencent Holdings Limited and Varian Medical Systems, Inc. GRAIL intends to close the remainder of the Series B investment prior to the
Read More
Mercom: Top Funded Health IT Technologies Since 2010
mHealth Apps ($2.7B), wearables ($1.6B), telemedicine ($1.5B), data analytics ($1.4B), scheduling/appointment booking ($1.2B), clinical decision support ($998M), wellness ($889M), mobile/wireless ($885M), and practice management solutions ($818M) is the top funded health IT technologies since 2010, according to Mercom's Annual and Q4 2016 Healthcare IT Funding and M&A Fact Sheet. Mercom’s comprehensive report covers healthcare IT and digital health deals of all sizes across the globe.Since
Read More
Teladoc Integrates Telehealth App With Kinsa Smart Thermometer
Teladoc and Kinsa has expanded their partnership by integrating Teladoc’s app with the Kinsa Smart Thermometer to further drive engagement, quality and value in telehealth. With this integration, the Teladoc app automatically detects the Kinsa app on a user’s mobile phone, guides the user to Kinsa, and offers the option to import up to 10 days of temperature readings into the Teladoc platform.Upon opt-in, the data is integrated into the Teladoc physician’s view of the health record, supporting
Read More
Medfusion Acquires Patient Self-Scheduling Company NexSched, LLC to Improve Patient Experience
Medfusion, Inc., a provider of patient experience solutions has acquired the business and certain assets of NexSched, LLC, a privately held New York-based company that specializes in patient self-scheduling solutions. According to a recent Accenture study, 77 percent of patients think that the ability to book, change or cancel appointments online is vitally important to their healthcare experience.The acquisition of NexSched addresses the rise of healthcare consumerism and demand for greater
Read More
Emanate Wireless Launches AI-based Temperature Sensors for Hospitals, Clinics
Cleveland, Ohio-based Emanate Wireless, a builder of solutions that continuously monitor the operation and productivity of key clinical assets at healthcare facilities unveiled new AI-based temperature sensors for its PowerPath™ Temp Solution. Emanate has created this solution for hospitals and clinics that dread the decades long challenge of having to monitor clinical assets such as refrigerators manually to maintain the safety of vaccines and medicines.This ultra-low temperature sensor allows
Read More
Accenture: 1 in 4 US Consumers Have Had Their Healthcare Data Breached
One in four U.S. consumers (26 percent) have had their healthcare data breached from technology systems, according to new survey from Accenture released at HIMSS17. The survey of 2,000 U.S. consumers reveals that half (50 percent) of those who experienced a breach were victims of medical identity theft and had to pay approximately $2,500 in out-of-pocket costs per incident, on average.“Health systems need to recognize that many patients will suffer personal financial loss from cyberattacks of
Read More
VMware, Intel Collaborate on Healthcare IT Breach Readiness Program
VMware, Inc. has teamed up with Intel Health and Life Sciences to help global healthcare organizations better understand the current state of their security readiness. The complimentary program allows healthcare IT teams to gain valuable insight into their security postures for breach mitigation relative to other healthcare organizations, helping identify and implement solutions to further reduce risks.As a participant in Intel’s Healthcare Security Readiness Program, VMware offers healthcare
Read More
EHR Study: Speech Recognition, Mobility, Physician Documentation Named Top Investment Areas to Optimize EHRs
Majority of healthcare leaders plan to use additional technologies and tools to realize the full intended benefits of electronic health records (EHRs) and to improve clinician satisfaction with using them, according to a Nuance EHR study conducted by HIMSS Analytics. The study reveals that improved clinical documentation resulting from EHRs and related technologies will drive positive financial impact for their institutions, including appropriate reimbursement and increased patient flow. Today,
Read More
CHIME-KLAS Study: Cybersecurity A Central Concern for Healthcare C-Suite
Cybersecurity has been elevated to a central concern for healthcare providers, with more attention at the board level and the C-suite, according to a new survey by KLAS Research and the College of Healthcare Information Management Executives (CHIME). For the study, KLAS conducted nearly 200 interviews of chief information security officers, chief information officers, chief technology officers and other security professionals on provider adoption of and experiences regarding specific
Read More
Intermountain, Oxeon Launch Health IT Startup Empiric Health To Activate Evidence-Based Care
Intermountain Healthcare and Oxeon have announced the formation and launch of health IT startup Empiric Health, an independent company that activates evidence-based healthcare delivery to improve both clinical outcomes and operational efficiency. Its technology-enabled service has proven success in addressing variation in cost and outcomes for clinicians and health system administrators.Unlike traditional solutions, Empiric Health evaluates actual clinical and patient outcomes data, structured
Read More
