What You Should Know:
- Texas County Memorial Hospital, a hospital in rural Missouri has selected RapidAI to deploy its core stroke imaging and workflow products.
- As a Level III stroke center, TCMH’s closest Level I facility is over 90 miles away, posing a significant barrier to timely treatment for stroke patients in the community.
- With Rapid’s technology, TCMH will now be able to analyze high-res CT scans in real-time, detect suspected ICH and LVO more effectively and make
Read More
RadiantGraph Launches with $5M to Bring AI Personalization to Health Plans
What You Should Know:
- RadiantGraph, a platform using machine learning and artificial intelligence to drive consumer engagement for health plans, today announced its launch today after raising $5 million in Seed funding in a round led by True Ventures and XYZ Ventures, with participation from Remus Capital.
- The company plans to use the funding to accelerate growth, which includes partnering with new healthcare organizations and advancing their enterprise health and
Read More
Israel Defense Forces to Utilize UltraSight’s PoCUS Devices in Combat
What You Should Know:
- UltraSight – an AI-powered micro-ultrasound company that is revolutionizing cardiac sonography to enable more accurate and timely clinical decisions – is now offering its services to the Israel Defense Forces (IDF). The device has FDA clearance and is now available in Israel, the UK, and the US.
- Many of the IDF soldiers will now have an ultrasound in their pocket. The PoCUS devices – powered by UltraSight’s software - deliver
Read More
OrbiMed Secures $4.3B to Invest in Healthcare Startups Globally
What You Should Know:
- OrbiMed, a global healthcare investment firm raises $4.3B in commitments across its four investment funds: OrbiMed Private Investments IX, OrbiMed Asia Partners V and OrbiMed Royalty & Credit Opportunities IV.
- The $4.3B will be used to invest globally, from the seed stage for start-ups incubated by OrbiMed through growth capital opportunities. Investors in these new funds include a broad range of medical institutions, university endowments, foundations,
Read More
Hospital Leaders: Workforce Shortages Persist Amid Stabilization
What You Should Know:
- Hospitals and health systems are seeing some signs of stabilization and margin improvement, but challenges around workforce, expenses and patient access persist according to Kaufman Hall’s 2023 State of Healthcare Performance Improvement report.
- Kaufman Hall experts expect that it will be a slow climb for hospitals to return to the 3-4% operating margins that help ensure long-term sustainability. While staffing and capacity issues have clear
Read More
UnitedHealthcare, RUSH Health Form Medicare Advantage Relationship
What You Should Know:
- UnitedHealthcare and RUSH Health announced a new relationship that will give UnitedHealthcare Medicare Advantage plan members network access to all RUSH Health locations in Illinois for the first time, effective immediately.
- The multi-year agreement, effective Oct. 1, provides UnitedHealthcare Medicare Advantage plan members with enhanced access to quality care and provides a new option as they choose which health plan best meets their healthcare needs
Read More
M&A: PicnicHealth Acquires Rare Disease Platform AllStripes
What You Should Know:
- Patient-centered health data company PicnicHealth today announced it has acquired AllStripes, a healthcare technology company dedicated to unlocking new treatments for people with rare diseases. Financial terms of the transaction are not disclosed.
- Founded in 2017, AllStripes has developed a technology platform that generates research-ready evidence to accelerate rare disease research and drug development, as well as a patient application that empowers
Read More
DHA Awards Amwell & Leidos $180M Contract to Power Military Hybrid Care Program
What You Should Know:
- Amwell and Leidos have been awarded a “next-generation contract” by the U.S. Defense Health Agency (DHA) to deliver a hybrid care platform to power the DHA’s Digital First transformation. This initial 22-month contract is valued at up to $180M; the project will start at five initial sites followed by a phased enterprise-wide rollout.
- While this task order is for the first phase of the program, the DHA Digital First program will support the entire
Read More
Exec Hires: Anumana Appoints Maulik Nanavaty as CEO
What You Should Know:
- Anumana, an nference portfolio company, announced it has appointed Maulik Nanavaty as chief executive officer (CEO) and member of the Board of Directors.
As CEO, Nanavaty will lead Anumana through a period of growth as the company begins deploying and commercializing its multi-indication ECG-AI platform technology.
- Anumana’s ECG-AI platform represents a breakthrough approach to ECG interpretation, enabling the identification of hidden
Read More
6 Digital Health Executives Share Key Takeaways from HLTH23
We reached out to six digital health executives for their key takeaways and reflections from attending the recent HLTH23 conference.
Patches Seely MBA, BSN, RN, Executive Vice President of Clinical Solutions, Carenet Health
"The energy of everyone I connected with was very encouraging. These are difficult times in healthcare, but I often heard people saying, "I'm not sure how exactly we will partner, but let's figure it out." The collaborative atmosphere spurred productive conversations
Read More
