What You Should Know:
- Outpace Bio, a pioneering cell therapy company raises $144M in oversubscribed Series B financing round led by RA Capital Management with participation from both new and existing investors, including Qatar Investment Authority, Surveyor Capital, Sheatree Capital, Black Opal Ventures, Alexandria Venture Investments, and several others. Outpace has now raised a total of approximately $200M to date.
- Jake Simson, Partner at RA Capital Management, will join
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The Sequoia Project Launches Pharmacy Workgroup to Enhance Patient Care Through Interoperability
What You Should Know:
- The Sequoia Project, a leading advocate for health information technology (health IT) interoperability, announced the launch of a new Pharmacy Workgroup as part of its Interoperability Matters program.
- The strategic initiative aims to improve patient care by fostering collaboration between pharmacies and the broader healthcare ecosystem. Launching and growing the pharmacy community of practice is a monumental undertaking for The Sequoia Project, made
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Ochsner Health to Deploy DeepScribe’s Ambient AI to 4700 Clinicians
What You Should Know:
- Ochsner Health, a prominent healthcare provider in the Gulf South announced a strategic partnership with DeepScribe, a leader in ambient AI clinical documentation,
- The strategic collaboration will see DeepScribe's AI-powered technology implemented across Ochsner Health's network of 46 hospitals and 370 health and urgent care centers.
Deploying Ambient AI Across Enterprise
DeepScribe's technology automatically transcribes and documents patient
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Mindera Health Secures $14M to Advance Commercialization of Psoriasis Precision Medicine Test
What You Should Know:
- Mindera Health, a leading developer of precision medicine solutions for dermatology, raises $14M convertible note financing led by Mountain Group Partners.
- The funding will accelerate the commercialization of Mindera’s flagship product, Mind.Px™, a groundbreaking test that predicts patient response to psoriasis treatments.
Revolutionizing Psoriasis Treatment
Mind.Px™ is a proprietary biomarker test that analyzes a patient’s skin sample to determine the
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AI Seen as Key Weapon Against Physician Burnout, Survey Finds
What You Should Know:
- eClinicalWorks, a leading provider of cloud-based electronic health records (EHR) for ambulatory care, has released the results of a recent survey examining healthcare professionals' perceptions of artificial intelligence (AI) in the healthcare industry.
- The survey aimed to understand how AI-powered solutions can help address critical challenges like physician burnout, patient data management, and clinical documentation.
Burnout Relief Through
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VitalHub Acquires MedCurrent for $34M to Enhance Healthcare Efficiency
What You Should Know:
- VitalHub Corp., a leading provider of healthcare operations software and services, announced the acquisition of MedCurrent Corporation, a clinical decision support (CDS) company.
- The acquisition will integrate MedCurrent's OrderWise platform with VitalHub's existing Patient Flow software suite to create a comprehensive solution for managing healthcare resources.
Financial Details of the Acquisition
VitalHub will acquire MedCurrent for up to
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Smith+Nephew and HOPCo Partner to Enhance Musculoskeletal Care
What You Should Know:
- Smith+Nephew, a global leader in medical technology, has announced a strategic partnership with Healthcare Outcomes Performance Company (HOPCo), the world’s largest musculoskeletal (MSK) value-based care and outcomes management company. This collaboration aims to improve patient outcomes and efficiency in ambulatory surgery centers (ASCs) through the integration of advanced digital technologies.
AI-powered Analytics for Musculoskeletal Procedures
The
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TRIPP Launches Kōkua XR, AI-Powered Meditation in VR
What You Should Know:
- TRIPP, a wellness technology company, announced the launch of Kōkua XR, an AI-powered meditation guide available in virtual reality.
- Building on the success of its mobile version, Kōkua XR leverages TRIPP’s vast dataset of user experiences to deliver highly personalized and interactive meditation sessions.
Kōkua XR: A Personalized Wellness Experience
Named after the Hawaiian concept of selfless care and support, Kōkua XR analyzes users’ mood data
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RansomHub Leaks 175GB of Data from Clinical Research Institute
What You Should Know:
- The Baim Institute for Clinical Research, a leading non-profit academic research organization, has fallen victim to a significant ransomware attack, according to Safety Detective’s cybersecurity team. The cyberattack, perpetrated by the RansomHub group, resulted in the theft and subsequent leak of 175 GB of sensitive data.
- The stolen data includes a wide range of confidential information, including clinical trial programs, financial data, patient information, and
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AvaSure Acquires Ouva’s Smart Room Solutions to Enhance AI-Powered Virtual Care Platform
What You Should Know:
- AvaSure, a provider of acute virtual care, announced today the acquisition of Ouva's smart room solutions. This strategic move aims to accelerate the development of AI-powered virtual care solutions for hospitals.
- By integrating Ouva's advanced AI capabilities into its Intelligent Virtual Care Platform, AvaSure will significantly expand its offerings and enhance patient care. Financial details of the acquisition were not disclosed.
Expanding
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