What You Should Know:
- Define Ventures, the leading early-stage investor in digital health companies, announced today the appointment of Frank Williams as Venture Partner.
- Williams, a seasoned entrepreneur and healthcare executive, brings a wealth of experience to the firm, playing a key role in supporting and scaling their portfolio companies.
Williams Bio/Background
Williams boasts an impressive career in healthcare, highlighted by his co-founding role at Evolent
Read More
UnitedHealth Faces New Ransomware Threat After Alleged $22M Payment Failure
What You Should Know:
- UnitedHealth Group is embroiled in a new ransomware saga, just as it recovers from a February attack, according to a blog post from threat intelligence firm SOCRadar.
- A hacking group called RansomHub claims to possess 4 terabytes of stolen data from UnitedHealth's subsidiary, Change Healthcare and is demanding a ransom to prevent its release.
RansomHub's Demands and Allegations
This data supposedly includes the personal details and medical records of
Read More
Vista Equity Partners Acquires Model N for $1.25B
What You Should Know:
- Model N (NYSE: MODN), a leading provider of revenue optimization and compliance solutions for the life sciences and high-tech industries, has announced a definitive agreement to be acquired by Vista Equity Partners ("Vista").
- Under the terms of the agreement, Vista will acquire all outstanding shares of Model N common stock for $30.00 per share in an all-cash transaction valued at approximately $1.25 billion.
- The transaction is expected to close in
Read More
Epic & Press Ganey Integrate to Streamline Nursing Quality Data
What You Should Know:
- Press Ganey, a provider of healthcare experience measurement and data analysis, announced a collaboration with Epic to integrate nurse-sensitive indicators (NSIs) and outcomes directly into Press Ganey's National Database of Nursing Quality Indicators (NDNQI).
- The strategic integration partnership will significantly improve efficiency for nursing leaders and ultimately enhance patient care.
What is the NDNQI?
The NDNQI is a comprehensive database
Read More
UCLA, PreciseDx to Develop AI-Powered Breast Cancer Recurrence Tool for Early Detection
What You Should Know:
- PreciseDx®, a leader in AI-powered diagnostics for oncology, announces a crucial collaboration with UCLA's Department of Pathology and Laboratory Medicine.
- The research initiative focuses on evaluating PreciseDx's innovative tool, PreciseBreast™, for its ability to accurately assess the risk of recurrence in patients diagnosed with triple-negative breast cancer (TNBC).
Why Focus on Triple-Negative Breast Cancer?
TNBC Challenges: Accounting for
Read More
Verily Powers Otsuka’s Longitudinal Registry to Advance Mental Health Research
What You Should Know:
- Otsuka Pharmaceutical Development & Commercialization, Inc. (Otsuka), a global pharmaceutical company, and Verily Life Sciences LLC (Verily), a precision health technology company, have teamed up to launch a groundbreaking research initiative called "My Mental Health Journey."
- The longitudinal registry study aims to significantly enhance our understanding of depression and other mental health conditions.
The Power of Real-World Data
My Mental
Read More
Osso VR and ACC to Develop Cardiac Procedure Training with VR
What You Should Know:
- Osso VR, the leader in immersive procedural training, announces a groundbreaking collaboration with the American College of Cardiology (ACC) to develop a state-of-the-art training curriculum for left atrial appendage occlusion (LAAO) procedures.
- The strategic partnership marks a significant leap forward in the field of medical education, leveraging virtual reality (VR) technology to enhance interventional cardiologists' training.
The Focus: Left
Read More
Commure Unveils Free AI Scribe to Enhance Automated Documentation
What You Should Know:
- Commure, a leader in healthcare communication solutions unveils Commure Scribe, a free, AI-powered tool that automates documentation and generates SOAP notes directly within existing Electronic Medical Records (EMRs).
- With this release, hundreds of thousands of providers across 350+ locations and 40 major health systems gain access to Commure's cutting-edge technology.
Commure Scribe Key Features
Free and Accessible: Unlike many scribing solutions,
Read More
HealthArc Secures $5M for Advanced Care Management Platform
What You Should Know:
- HealthArc, a virtual healthcare company secures $5M in funding led by ScOp Venture Capital to transform healthcare through its advanced care management platform.
- HealthArc provides a comprehensive suite of virtual care programs and ensures seamless integration with existing systems to empower healthcare providers to deliver exceptional care to their patients.
Unified Care Management Platform
HealthArc's Unified Care Management Platform offers a
Read More
Biolinq Secures $58M to Advance Continuous Glucose Monitoring Patch
What You Should Know:
- Biolinq, a provider of precision wearable biosensors for metabolic health secures $58M led by Alpha Wave Ventures. The round will include participation from Niterra’s corporate venture capital fund jointly operated with Pegasus Tech Ventures and existing investors RiverVest Venture Partners, AXA IM Alts, Global Health Investment Corporation, Aphelion Capital, Senvest Management, Features Capital and Taisho Pharmaceutical. J.P. Morgan served as a placement agent to
Read More
