What You Should Know:
- Arcadia (arcadia.io), a healthcare data platform, and Vim, a healthcare middleware company, announced a strategic partnership today to deliver actionable AI-driven insights to payers, providers, and care teams.
- The strategic partnership paves the way for further innovation. Arcadia's data platform will serve as a foundation for the development of new applications that integrate seamlessly with existing workflows. These apps have the potential to streamline various
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FOLX Health Appoints Greg Sottolano as Chief People Officer
What You Should Know:
- FOLX Health, the first of its kind, nationwide LGBTQIA+ digital healthcare service provider, built to serve the community’s specific needs appoints Greg Sottolano as Chief People Officer.
- As Chief People Officer, Greg will be responsible for HR, L&D and Internal Communications and will be focused on developing best-in-class talent across clinical and headquarters staff and enhancing the company culture.
- The strategic hire will support FOLX Health’s
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HIMSS24 Roundup: M&A, Strategic Partnerships, Deployments, Product Launches, Funding, More
Strategic Partnerships
New Consortium Aims to Ensure Responsible Use of AI in Healthcare
A new initiative, the Trustworthy & Responsible AI Network (TRAIN), was announced at the HIMSS 2024 Global Health Conference. Through collaboration, TRAIN members will help improve the quality, safety, and trustworthiness of AI in health by sharing best practices, enabling registration of AI used for clinical care or clinical operations, providing tools to enable measurement of outcomes
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Mayo Clinic Platform Unveils Solutions Studio to Propel Digital Health Innovation
What You Should Know:
- Mayo Clinic Platform launches Solutions Studio, a groundbreaking program designed to accelerate the development, validation, and deployment of digital health solutions.
- Solutions Studio addresses a critical challenge in healthcare – bridging the gap between promising digital health innovations and their practical integration into clinical workflows.
Addressing Challenges in Digital Health
The high costs and complexities associated with bringing digital
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Northwell Forms 3-Year Partnership with Playbook Health for AI-Powered Clinical Documentation
What You Should Know:
- Playback Health, a healthcare technology company forms a three-year strategic integration partnership with Northwell Health, the largest health system in New York state.
- The partnership focuses on integrating Playback Health's innovative clinical communication platform with Northwell Health's dedication to exceptional patient care. A key component of this initiative is the introduction of Playback Health's latest AI-powered feature, Notes.
Introducing Notes:
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Better Therapeutics Shutters Operations, Terminates Employees, NASDAQ Delisting
What You Should Know:
- Better Therapeutics (BTTX), a developer of prescription digital therapeutics (PDT), announced today it is shuttering operations and terminating its employees as they explore strategic alternatives.
- The announcement follows a special meeting of the board of directors on March 13, 2024.
Strategic Crossroads
The company will explore strategic options, including:
Assignment for the Benefit of Creditors (ABC): In an ABC, an independent trustee takes
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Zephyr AI Secures $111M to Democratize Precision Medicine with Explainable AI
What You Should Know:
- Zephyr AI, a healthcare technology company pioneering explainable AI (XAI) for precision medicine, raises $111M in Series A round led by Revolution Growth, Eli Lilly & Company, Jeff Skoll, and EPIQ Capital Group.
- The company plans to use this round of funding to refine its technology to fortify its extensive collection of training and validation datasets, crucial for robust AI models, deliver results even faster, and expand its scientific and commercial
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Pi Health Secures $30M to Democratize Cancer Clinical Trials
What You Should Know:
- Pi Health, a newly independent oncology-focused clinical research company raises $30M in Series A funding led by AlleyCorp and Obvious Ventures, with additional investments from Invus Capital and leaders in oncology from across the globe.
- The company, previously incubated by BeiGene (NASDAQ: BGNE), aims to revolutionize access to innovative cancer treatments through its technology platform and global network of clinical trial sites.
Less Than 8% of
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Nursing Report Reveals Generational Divide on Nursing’s Future, Amidst Staffing Shortages
What You Should Know:
- Incredible Health, the leading healthcare career marketplace, released its 5th Annual State of US Nursing Report today. The report, based on data from one million nurses and a survey of over 3,300, offers a comprehensive look at the state of nursing in the United States.
- The report underscores the need for solutions to address staffing shortages, improve compensation, and enhance nurse safety and well-being. Collaboration between healthcare systems,
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AKASA Unveils Gen AI Assistant, Cuts Prior Authorization Time by 50%
What You Should Know:
- AKASA, a leader in generative AI (GenAI) solutions for the revenue cycle, today announced the launch of Authorization Advisor™.
- Authorization Advisor tackles the time-consuming and error-prone process of prior authorization, a major pain point for healthcare providers.
Prior Authorization Made Easy with AI
Prior authorization, a process requiring approval from insurers before delivering certain services, is a significant burden for healthcare providers. It
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