Arterys, a provider of cloud-based medical imaging software has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for its Arterys Software. The FDA clearance will allow Arterys' proprietary cloud platform to be used in clinical settings for the quantification of cardiac flow to collect and process very large data sets in real-time, resulting in fast, comprehensive cardiac exams. The product seamlessly integrates into clinical practice to provide comprehensive, simple and
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Revenue Cycle Management Vendor Recondo Lands $16M to Fuel Solutions Growth
Recondo Technology, a Greenwood Village, CO-based provider of cloud-based revenue cycle management solutions has raised $16 million in debt and capital funding led by Lehmi Ventures with Bridge Capital serving as the debt partner. The company plans to utilize the funding to support product development investments, particularly in areas of API-enabled revenue cycle content, expanded claims statusing, and authorization automation—all solutions designed to measurably improve financial
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Mount Sinai Launches RxUniverse for Physicians to Prescribe Health Apps to Patients
Mount Sinai researchers in the Sinai App Lab at the Icahn School of Medicine have developed RxUniverse, the first enterprise-wide digital medicine care delivery system that enables physicians to digitally prescribe evidence-based mobile health apps to patients at the point of care. With over 245,000 health apps in the Apple Store, it is hard for providers to select which ones to recommend to their patients.With RxUniverse, professionals can discover the right app from a curated, evidence-based
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9 Evidence-based Approaches to Transform Drug Development, Commercialization
Life sciences companies increasingly are seeking new models to connect expanding sets of disparate, non-identified patient-level data streams to better develop and commercialize next-generation medicines. The need for practical, evidence-based approaches is especially acute at a time when scientific advances, the growing need for new medicines, and constrained budgets for healthcare and other social services are colliding.According to a new QuintilesIMS Institute report, connected insights
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NewYork-Presbyertian Backs Telehealth Startup Avizia, Raises $6M
Avizia, an end to end telehealth solution provider has announced the completion of its Series A financing totaling $17 million. The company raised an additional $6 million to supplement the initial $11 million, which was announced in July 2016. HealthQuest Capital led the additional round which included investment from strategic partner NewYork-Presbyterian. The additional $6 million in funding from HealthQuest Capital and NewYork-Presbyterian will enable Avizia to further expand its telehealth
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Vocera Acquires Extension Healthcare for $55M to Expand Mobile Platform
Vocera Communications has acquired Fort Wayne, IN-based Extension Healthcare for approximately $55 million in an all-cash transaction. For Vocera, the acquisition will expand the company's product portfolio, differentiate its competitive position, increase its customer base, and expand it's market reach. Founded in 2009, Extension Healthcare is a provider of clinical, event-driven communication and workflow collaboration software for the hospital environment. Its clinical integration software
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Allscripts Acquires CarePort to Expand Population Health Platform
Allscripts has acquired CarePort, a Boston-based company that unlocks data from post-acute care providers to better manage care across the continuum. Due to the shift in healthcare reimbursement and legislation focused on delivering critical outcomes, managing post-acute care is now a necessary and integral component of population health strategy.The acquisition of CarePort's post-acute outcomes management platform will expand the capabilities of Allscripts comprehensive population health
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PwC Report: Most Primary Care Teams Are Not Designed to Optimize Care
Most primary care teams are not designed to optimize care or meet consumer demands for convenience and value, according to the latest report from PwC’s Health Research Institute (HRI). The PwC report reveals that a primary care dream team designed around the needs of complex chronic consumers, for example, could potentially result in $1.2 million in savings for every 10,000 patients served. Designed with consumer needs and preferences in mind, the primary care dream team can bring together
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HealthTap Launches Smart Health Search Algorithms for Doctors
HealthTap, a Global Health Practice providing 24/7 immediate access to doctors via video, text or voice has announced the launch of a new Smart Health Search feature. The latest feature will provide more tailored health information to users from the world’s largest library of doctor knowledge, through new proprietary algorithms.HealthTap’s Smart Health Search algorithms take into account a variety of factors about the user including age, gender, comorbidities, pregnancy status, and other
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Science 37 Raises $31M to Expand Virtual Clinical Trail Model
Science 37, Inc., a LosAngeles-based mobile technology and clinical trial startup that focuses on the development of networked patient-centric models for clinical research has raised $31 million in Series B funding led by Redmile Group. The Series B round also includes participation from Series A lead investors Lux Capital and dRx Capital, as well as a strategic investment from Sanofi Genzyme BioVentures. As part of the strategic investment, Sanofi’s international clinical trial development
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