What You Should Know:
- RapidClaims, a healthcare technology startup focused on automating medical coding and reducing claim denials, has officially exited stealth mode after securing a $3.1M seed funding round. The seed round was led by Together Fund, a $250 million global SaaS fund, with participation from Better Capital, Neon Fund, Peercheque, DeVC with angels and advisors coming from prominent US healthcare organizations including Oscar Benavidez (Executive Director, Mass General), Ankit
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VR Mask for PTSD Shows Promise in Decentralized Trial, Aims for FDA Breakthrough Designation
What You Should Know:
- Curavit Clinical Research, a leader in decentralized clinical trials (DCTs) for digital therapeutics (DTx), successfully completed a study for the Sana Device, a virtual reality (VR) mask aiming to reduce post-traumatic stress disorder (PTSD) symptoms.
- Overall, this study represents a significant step forward in the development of VR-based treatments for PTSD. If approved, the Sana Device could offer a valuable tool for patients struggling with this
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Xealth Digital Health Report Reveals 8 Emerging Trends for 2024
What You Should Know:
- Xealth, a leader in enabling digital health at scale, released its 2023 Digital Health Review, analyzing data from over 12 million digital health orders across nearly 30 health systems.
- The report highlights key trends and emerging areas for 2024, offering insights into the evolving digital health landscape.
Key Findings from 2023
Most Enrolled Patients: Surgery preparation and recovery programs saw the highest enrollment, reaching 1.5 million
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How Open-Source Technologies Will Transform Digital Clinical Trials
Although the traditional nearly decade-long clinical trial timelines completely collapsed during COVID, this truncating was not necessarily novel. Precedent exists for accelerating approval timelines during health emergencies such as the AIDs/HIV epidemic, where Compound S, a re-make of AZT, or azidothymidine, originally developed to fight cancer, became controversially fast-tracked after the discovery that it could block HIV activity. Likewise, when potentially lifesaving drugs are
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PathAI, Roche to Develop AI-Enabled Digital Pathology Algorithms for Companion Diagnostics
What You Should Know:
PathAI, a pioneering AI-powered precision pathology company, has just announced an exclusive collaboration with Roche Tissue Diagnostics (RTD) aimed at advancing AI-enabled interpretation for companion diagnostics.
Through this strategic partnership, PathAI will work exclusively with Roche Tissue Diagnostics to develop AI-enabled digital pathology algorithms specifically tailored for companion diagnostics.
Advance AI-enabled Interpretation for Companion
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Catalyst Solutions Appoints Aneesh Kumar as Chief Digital Innovation Officer
What You Should Know:
- Catalyst Solutions, a leader in healthcare business process outsourcing (BPO), technology, and consulting services, announces the appointment of Aneesh Kumar as Chief Digital Innovation Officer.
Kumar Bio
Kumar joins Catalyst with a 25-year record of driving transformative changes in healthcare for companies like Apple, Elevance Health, Gainwell Technologies, Cigna and Accenture. He also founded, built, and sold startups in care delivery (AzulCare) and in digital
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Beta Boom Closes $14.5M Fund to Invest in Digital Health Startups
What You Should Know:
- Beta Boom, a pre-seed and seed-stage VC firm focused on impact investing, has secured $14.5 million for its Fund II.
- Led by Managing Partners Kimmy and Sergio Paluch, the fund targets early-stage startups addressing critical needs within fast-growing, underserved communities.
Investment Thesis & Focus
Beta Boom goes beyond traditional networks and tech hubs, looking for passionate founders with grit and deep understanding of the problems they solve. They
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ModMed Appoints Joe Harpaz as Co-CEO
What You Should Know:
- ModMed, practice technology leader and EHR pioneer, announcing the appointment of Joe Harpaz to co-CEO. Since 2018, Harpaz has served as President and Chief Operating Officer at ModMed responsible for helping the company execute against its revenue targets.
- As Co-CEO, Joe will continue to help shape the company’s vision and strategic direction, alongside ModMed co-founder and co-CEO Daniel Cane,
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Samsung Galaxy Watch Receives FDA Nod for Sleep Apnea Detection
What You Should Know:
- Samsung's Galaxy Watch has received De Novo authorization from the US Food and Drug Administration (FDA) for its sleep apnea detection feature.
- This marks a significant step forward in wearable technology, making it the first of its kind to be approved by the FDA for detecting potential sleep apnea.
Defining Sleep Apnea
Sleep apnea is a common and chronic sleep disorder where breathing repeatedly stops and starts during sleep. This can lead to disruptions in
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CareSource Becomes LP with Boomerang Ventures for Co-Investment Opportunities
What You Should Know:
- Boomerang Ventures, an early-stage venture studio and venture capital fund focused on connected health solutions, has announced a strategic partnership with CareSource, a nationally recognized non-profit managed care organization.
- The strategic collaboration marks a significant step towards advancing healthcare access, quality, and equity.
Partnership Benefits
CareSource becomes a Limited Partner: This investment empowers Boomerang to expand its reach
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