What You Should Know:
NVIDIA and Johnson & Johnson MedTech (J&J MedTech) are teaming up to develop new AI capabilities for J&J's connected digital surgery ecosystem.
The strategic collaboration aims to boost operating room (OR) efficiency, improve clinical decision-making, and accelerate innovation in surgical AI.
Why AI is Critical for the Future of Surgery
AI is already used in surgery to analyze data collected during procedures. This new partnership takes things a step
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Despite Employer Insurance, Millions Still Struggle to Afford Care
What You Should Know:
- A new study by Paytient, a provider of healthcare affordability solutions, sheds light on the surprising struggles of many Americans with employer-sponsored health insurance.
- The study, titled "The Hidden Lives of Workplace-Insured Americans," commissioned from independent research group Nonfiction, reveals a troubling reality – millions are effectively self-insured due to high deductibles, leading to delayed care, financial strain, and a negative impact on both
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Banner Health Taps Regard to Deploy AI-Powered Clinical Automation Across Enterprise
What You Should Know:
- Regard, a provider of AI-powered clinical automation for Electronic Health Records (EHRs), today announced a significant expansion of its partnership with Banner Health.
- The enterprise-wide agreement will see Regard's technology deployed across all 33 of Banner's acute-care hospitals in six states throughout 2024.
Building on a Successful Pilot
Building upon a successful pilot program launched in June 2022 at Banner Thunderbird Medical Center, Banner Health
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Arcadia and Vim Partner to Empower Providers/Payers with Actionable AI
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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