What You Should Know:
- Fay, a provider of digital nutritional therapy announced a $50M Series B funding round led by Goldman Sachs, valuing the company at $500 million.
- Existing investors General Catalyst and Forerunner also participated in the round, bringing Fay's total funding to $75M.
Personalized Nutrition and Lifestyle Counseling
Fay's mission is to revolutionize how people think and feel about food by connecting them with insurance-covered Registered Dietitians
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Montefiore Health System Selects AWS as Strategic Cloud Provider
What You Should Know:
- Montefiore Health System, a healthcare provider in New York announced a strategic collaboration with Amazon Web Services (AWS) to enhance its digital healthcare ecosystem and improve patient care.
- This initiative will leverage AWS's cloud capabilities to modernize Montefiore's technology infrastructure, enhance data security, and drive innovation in healthcare delivery.
Montefiore plans to transition a majority of its technology portfolio, including
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Candid Health Raises $52.5M for Autonomous Revenue Cycle Automation Platform
What You Should Know:
- Candid Health, a provider of autonomous revenue cycle automation solutions for healthcare providers raises $52.5M in a Series C funding round led by Oak HC/FT.
- The latest investment brings the company's total funding to $99.5M and plans to expand its customer relationships with multi-site provider groups across the United States.
AI-Powered Platform Reduces Administrative Costs and Improves Efficiency
Revenue cycle management (RCM) is a
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41% of Third-Party Breaches in 2024 Targeted Healthcare Orgs
What You Should Know:
- The healthcare industry continues to be the most heavily targeted sector, accounting for 41.2% of third-party breaches in 2024, according to new report from Black Kite.
- Black Kite’s sixth annual Third Party Breach Report reveals a concerning trend in cybersecurity: the rise of "silent breaches." These hidden vulnerabilities within interconnected ecosystems wreaked havoc across industries in 2024, with threat actors exploiting trusted vendor
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Survey: 83% of Clinical Data Abstractors Believe AI Can Reduce Clinician Workload
What You Should Know:
- Carta Healthcare, a provider of clinical data solutions, recently conducted a survey of clinical data abstractors to understand their perspectives on the use of AI in their profession.
- The results reveal a mix of optimism and concerns, highlighting the need for a balanced approach that combines AI's efficiency with human oversight to ensure data quality and accuracy.
The Need for Human-in-the-Loop AI
The survey results highlight the importance of
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Harrison.ai Secures $112M to Expand AI-Powered Medical Diagnostics
What You Should Know:
- Harrison.ai, a global healthtech company, today announced the completion of a $112M in Series C funding round co-led by Aware Super, ECP, and existing investor Horizons Ventures. New investors, including Australia's National Reconstruction Fund Corporation (NRFC), Ord Minnett, and Wollemi Capital Group, also participated, along with existing investors Blackbird Ventures and Alpha JWC Ventures. This brings Harrison.ai's total capital raised to date to over
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Drive Health Appoints Alexander Sicular as Chief Technology Officer
What You Should Know:
- Drive Health, a digital health startup revolutionizing healthcare access and delivery, today announced the appointment of Alexander Sicular as its Chief Technology Officer (CTO).
- Sicular brings over 25 years of experience in medical informatics and technology leadership to his new role at Drive Health.
Sicular Bio/Background
Sicular joins Drive Health after a distinguished career at Google, where he most recently served as Head of Healthcare
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Aledade Adds 500 New Primary Care Practices to Value-Based Care Network
What You Should Know:
- Aledade, the nation's largest network of independent primary care providers, announced the addition of over 500 new primary care practices, clinics, and community health centers to its network.
- The expansion brings the total number of supported organizations to more than 2,400, serving nearly 3 million patients through value-based care programs across the United States.
Fueling Nationwide Adoption of Value-Based Care Models
Aledade
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41% of Third-Party Breaches in 2024 Targeted Healthcare Orgs
What You Should Know:
- The healthcare industry continues to be the most heavily targeted sector, accounting for 41.2% of third-party breaches in 2024, according to new report from Black Kite.
- Black Kite’s sixth annual Third Party Breach Report reveals a concerning trend in cybersecurity: the rise of "silent breaches." These hidden vulnerabilities within interconnected ecosystems wreaked havoc across industries in 2024, with threat actors exploiting trusted vendor
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Medidata Integrates UK Costing Data into Grants Manager, Streamlining Clinical Trial Budgeting
What You Should Know:
- Medidata, a Dassault Systèmes brand and a leading provider of clinical trial solutions, today announced the integration of data from the UK interactive Costing Tool (iCT) into its Grants Manager platform.
- The collaboration with the National Institute for Health and Care Research (NIHR) provides life sciences organizations with a streamlined and standardized approach to clinical trial budgeting, enhancing efficiency and transparency in research
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