Based on last year's research by PWC, the majority of health services organizations have already transitioned to the cloud or are in the process of doing so. The study claims that 81% of health services executives confirmed that they have adopted the cloud in most or all parts of their business to enhance patient care, clinical workflows, safety and more. However, with 79% of all reported data breaches during the first 10 months of 2020 targeting the healthcare sector and recent spotlights on
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Tempus AI Files for IPO, Eyes Over $600M in Funding for AI-Powered Precision Medicine
What You Should Know:
- Tempus AI, a leader in artificial intelligence (AI)-powered precision medicine, filed with the Securities and Exchange Commission (SEC) on Monday to raise up to $100M in an initial public offering (IPO). Industry analysts, however, believe this figure might be a placeholder, with the actual target amount closer to $600M.
- Founded in 2015 and headquartered in Chicago, Illinois, Tempus AI reported $562M in revenue for the fiscal year ending March 31,
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Tuesday Health Launches Supportive Care Solution with $60M
What You Should Know:
- Tuesday Health, a leader in value-based care for the seriously ill, has launched its innovative supportive care solution with $60M in partnership with Valtruis, Blue Venture Fund, Mass General Brigham Ventures, and CareSource.
- Tuesday Health's mission is to make the end-of-life journey clearer and more supportive for patients and families. With this significant investment and a committed team, they are well-positioned to achieve their goals and
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Avel eCare Launches Clinical Workflow Platform for Telemedicine Services
What You Should Know:
- Avel eCare, a leading provider of clinician-to-clinician telemedicine services, has announced the launch of Avel eSync.
- The innovative platform is designed to revolutionize telemedicine by streamlining workflows and empowering healthcare organizations to seamlessly integrate these services into their operations.
Optimizing the Clinician Experience
Avel eSync's core strength lies in its advanced workflow capabilities. This clinician-centric
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ONC Brief Reveals Current State of Hospital Data Interoperability
What You Should Know:
- A new report by the Office of the National Coordinator for Health Information Technology (ONC) examines the current state of electronic health information exchange among hospitals in the United States. The findings reveal progress in interoperability but also highlight areas where improvement is needed.
- In addition, this brief describes the breadth of electronic information exchange between hospitals and other providers across the care continuum
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Click Therapeutics Acquires Better Therapeutics, Expands into Obesity and Cardiometabolic Disease
What You Should Know:
- Click Therapeutics, a leader in prescription digital therapeutics (DTx), announced today the acquisition of key assets from Better Therapeutics.
- Click's expansion into cardiometabolic disease follows successful DTx development efforts in other areas, including migraine prevention, depression, schizophrenia, and opioid use disorder.
Strengthening the DTx Pipeline
The acquisition includes several key assets from Better
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Wysa Awarded $3.4M Grant to Develop Personalized Mental Health Support for Chronic Pain
What You Should Know:
- Wysa, a leading provider of digital mental health platforms, has been selected as a sub-awardee for a $3.4M grant from the National Institute of Mental Health (NIMH), part of the National Institutes of Health (NIH).
- The 4-year project, led by Washington University in St. Louis with Duke University as another sub-awardee, aims to develop personalized pathways for individuals managing mental health conditions alongside chronic pain.
Just-in-Time
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WearLinq Acquires AMI Cardiac Monitoring, Raises $6.7M for FDA-Cleared 6-Lead ECG Device
What You Should Know:
- WearLinq, a leader in wearable health monitoring, announced a strategic acquisition of AMI Cardiac Monitoring, LLC, a seasoned player in ambulatory cardiac monitoring.
- The acquisition, coupled with a recent $6.7M funding round, positions WearLinq to significantly expand access to their innovative eWave 6-lead ECG monitor and revolutionize the fight against atrial fibrillation (AFib), which recently received FDA 510(k) clearance.
Tackling the
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Sanofi, Formation Bio, OpenAI Partner on AI-Powered Drug Discovery
What You Should Know:
- Sanofi, a global pharmaceutical leader, Formation Bio, an AI-powered drug developer, and OpenAI, a leading research and development company in artificial intelligence, have announced a groundbreaking collaboration. The first-of-its-kind partnership in the pharma and life sciences industries aims to leverage AI to accelerate drug development and bring new medicines to patients faster.
- Sanofi, Formation Bio, and OpenAI believe this collaboration will be
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Videra Health Secures 5.6M for AI-Powered Mental Health Screening & Monitoring
What You Should Know:
- Videra Health, a frontrunner in AI-powered mental health assessments raises $5.6M in Seed II funding led by Peterson Ventures, with participation from Mercato Partners, Epic Ventures, and Philo Ventures.
- Videra Health aims to tackle these challenges by offering widespread, streamlined mental health screening and monitoring powered by AI technology.
Transforming Mental Health Screening with Video Technology
Videra Health leverages cutting-edge
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