What You Should Know:
- Solace, a digital health platform connecting patients with expert healthcare advocates secures $14M in Series A funding led by Inspired Capital, with participation from existing backers Craft Ventures and Torch Capital, as well as new investors including Anne Wojcicki, the late Susan Wojcicki, RiverPark Ventures, and Coalition Operators.
- The new funding brings Solace's total funding to $21M since its founding.
Empower Patients through
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RCM M&A: Arsenal Capital Partners Acquires Knowtion Health
What You Should Know:
- Arsenal Capital Partners, a prominent private equity firm specializing in healthcare and industrial growth companies announced the acquisition of Knowtion Health. Financial details of the acquisition were not disclosed.
- Knowtion is a provider of AI-powered revenue cycle insurance claim resolution services that help hospitals and health systems optimize their operations and increase revenue.
A Strategic Investment
Arsenal's investment in Knowtion
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AI Helps Predict Cardiac Arrhythmias in Lung Cancer Patients, Research Reveals
What You Should Know:
- Researchers at Brigham and Women’s Hospital have leveraged artificial intelligence (AI) to gain a deeper understanding of the risk of specific cardiac arrhythmias in patients undergoing radiation therapy for non-small cell lung cancer (NSCLC).
- Their findings, published in JACC: CardioOncology, offer valuable insights for healthcare providers and patients.
The Impact of Radiation Therapy on the Heart
Radiation therapy, while effective in treating
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Openwater Secures $100M to Tackle Diseases at the Cellular Level
What You Should Know:
- Openwater, a pioneering healthcare technology company, today announced the acceleration of its plans to commercialize its groundbreaking platform that leverages semiconductor physics, light, and sound to diagnose and treat diseases at the cellular level.
- Founded by Mary Lou Jepsen, a former executive at Google X, Meta, and "One Laptop Per Child," Openwater has secured $100M in funding to advance its mission of making advanced medical care accessible
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American Cancer Society, Color Health to Offer Free At-Home Colorectal Cancer Screening in Underserved Rural Communities
What You Should Know:
- The American Cancer Society (ACS) and Color Health have joined forces to launch a new pilot program aimed at increasing access to colorectal cancer screening in underserved communities.
- The program, recognized by the White House Office of Science and Technology Policy, seeks to address disparities in cancer outcomes and improve early detection rates.
The Importance of Colorectal Cancer Early Detection
Colorectal cancer is highly treatable when
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CCM-KLAS: Artificial Intelligence Remains Top of Mind for Healthcare Executives
What You Should Know:
- A new survey by the Center for Connected Medicine (CCM) at UPMC reveals that artificial intelligence (AI) continues to be a top priority for senior leaders in the healthcare industry.
- For the second year in a row, executives cited AI as both the most exciting technology and the most improved, highlighting its potential to transform healthcare.
Generative AI Takes Center Stage
The Top of Mind for Top Health Systems survey, conducted in
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CancerIQ Raises Growth Capital for Personalized Cancer Detection
What You Should Know:
- CancerIQ, a Chicago, IL-based precision health platform focused on empowering healthcare providers to personalize cancer prevention and early detection announced it has secured a growth funding package from Decathlon Capital Partners.
- While specific financial details of the transaction were not disclosed, the investment will enable CancerIQ to further develop its digital tools, introduce new offerings, and strengthen partnerships with healthcare
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Critical Challenges and Solutions for Inpatient Capacity Management, Report Reveals
What You Should Know:
- LeanTaaS, a provider of AI-powered capacity management solutions for healthcare, today released its comprehensive report, The State of Inpatient Capacity Optimization.
- The report delves into the pressing challenges faced by health systems nationwide and offers insights into effective strategies for addressing these issues.
Key Findings from the Report:
Staffing Shortages: Over 90% of respondents identified staffing as a major pain point,
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PreciseDx Raises $20.7M for AI-Powered Cancer Risk Assessments
What You Should Know:
- PreciseDx, a pioneering company in oncology diagnostics utilizing artificial intelligence (AI) raises $20.7M in Series B funding led by Eventide Asset Management with participation from Labcorp, Quest Diagnostics, GenHenn Capital Venture, and existing investors. This brings the company's total funding to date to $31.5M.
- The new funding will enable PreciseDx to accelerate its growth and expand its operations. The company plans to invest in talent
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The Role of AI in Streamlining Drug Discovery and Clinical Trials: A New Era in Pharmaceutical Innovation
In the rapidly evolving world of pharmaceuticals, artificial intelligence (AI) is emerging as a game-changer. From accelerating drug discovery to enhancing the efficiency of clinical trials, AI is revolutionizing how new medicines are brought to market. This transformation is not just limited to the research and development phases; AI is also playing a critical role in ensuring that drugs meet regulatory standards.
The AI Revolution in Drug Discovery
Drug discovery has traditionally been a
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