What You Should Know:
- Lone View Capital, a growth-oriented private equity firm has acquired a majority ownership stake in healthcare workforce platform Smartlinx.
- Lone View’s investment and deep operational expertise will support Smartlinx’s Healthcare Workforce Platform as the Company expands its innovative workforce management software and human capital solutions to address the rapidly changing needs of the long-term care, post-acute and adjacent senior care industries.
Healthcare
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Pager’s Virtual Care Platform Now Available on Google Cloud Marketplace
What You Should Know:
- Pager Inc. today announced that its virtual care navigation and collaboration platform, which serves 23 million members, is now available on Google Cloud Marketplace, effective immediately.
- This new offering includes additional benefits for Pager clients who have a Google Cloud account. Purchases made on Google Cloud Marketplace count toward a dollar-for-dollar drawdown on any Google Cloud committed spend.
- In addition, these clients enjoy
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How Private Equity Firms Raided Safety Net Hospitals, Leading to Closures, Layoffs
What You Should Know:
- A new investigation by the Private Equity Stakeholder Project (PESP) reveals, for the first time, private equity (PE) investors were behind a safety net hospital closure in the Chicago area after making broken promises to regulators.
- The report, “How private equity raided safety net hospitals: Volume 2—Pipeline Health,” written by PESP researcher Mary Bugbee, highlights the pitfalls of private equity ownership of hospitals, including the monetization of
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ALZpath Secures Funding for Blood-Based Biomarker Testing for Alzheimer’s Disease Detection
What You Should Know:
- ALZpath, a developer of blood-based diagnostic biomarker testing for Alzheimer's disease detection receives funding from the Alzheimer’s Drug Discovery Foundation (ADDF)’s Diagnostics Accelerator to accelerate the clinical availability of ALZpathDx as a laboratory developed test (LDT).
- ALZpathDx is a novel, proprietary assay for blood-based measurement of phosphorylated tau at threonine 217 (pTau217), a highly accurate, diagnostic biomarker for
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What to Look for in a True Enterprise Healthcare Scheduling Solution
Not all enterprise scheduling solutions are created equal.
Before highlighting the features that every health system should include when implementing an enterprise scheduling solution, it makes sense to level set on the topic. Using the term “enterprise” to describe a scheduling solution means that the system must be designed to access all venues of care across the full spectrum of a patient’s healthcare journey. This means consumers will be presented with an integrated scheduling platform
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Aevice Health Secures FDA Clearance for Smart Stethoscope Wearable for Respiratory Monitoring
What You Should Know:
- Aevice Health, a Singapore-based provider of remote respiratory monitoring solutions today announced that its AI-powered, smart stethoscope wearable, the AeviceMD, has received clearance from the U.S. Food and Drug Administration (FDA) as a Class II medical device under the 510(k) route.
- This clearance empowers the company to market and provide their novel remote monitoring platform to health systems across the country, expanding access to a
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SiPhox Health Secures $27M for Lab-Grade Home Health Testing with Silicon Photonics
What You Should Know:
- Today, SiPhox Health, a Burlington, MA-based company building the next generation of lab-grade home health testing with silicon photonics raises $27M in funding, including a $10M Seed led by Khosla Ventures and Y Combinator, and a $17M Series A led by Intel Capital.
- The SiPhox Home and Health testing systems offer innovative and efficient blood collection solutions for consumers, healthcare systems, pharmaceutical companies, and research teams focusing on
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Teladoc Health & Microsoft Expands Generative AI Integration
What You Should Know:
- Teladoc Health today announced an integration expansion with Microsoft, leveraging AI to help minimize administrative burden and identify potential hazards.
- The integrated solutions will enhance the power of our Solo platform for hospitals and health systems to better support the clinical workforce. These innovations powered by Microsoft AI tools will minimize administrative burden by automating clinical documentation during virtual and in-patient care.
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Peterson Center on Healthcare Launches $50M Institute to Evaluate Digital Health
What You Should Know:
- The Peterson Center on Healthcare today launched the Peterson Health Technology Institute (PHTI), an independent non-profit that provides rigorous, evidence-based assessments of digital health technologies.
- Launched with a commitment of $50M, PHTI will analyze clinical benefits and economic impact, as well as the technologies’ effects on health equity, privacy, and security.
- PHTI will monitor the evolving pipeline of emerging digital health
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UK Startup OrganOx Secures $32.6M for Liver Transplantation Device
What You Should Know:
- OrganOx, a United Kingdom-based medical technology company committed to making every donated organ count with metra®, a fully automated normothermic machine perfusion (NMP) device for liver transplantation raises £25M ($32.6M USD) in a growth round led by Lauxera Capital Partners (“Lauxera”) with support from existing investors.
- The proceeds from the funding will enable OrganOx to significantly expand its commercial footprint across strategically key areas
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