What You Should Know:
– Ibex Medical Analytics (Ibex), a provider of AI-powered cancer diagnostics raises $55M in Series C financing round led by 83North.
- The round also included participation from Sienna Venture Capital and existing investors in the company, Octopus Ventures, aMoon, Planven Entrepreneur Ventures and Dell Technologies Capital. The financing brings total funding to over $100M since Ibex’s inception in 2016.
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Concord Health Invests in NeuroFlow’s Behavioral Health SaaS Platform
What You Should Know:
- Concord Health Partners, a healthcare-focused investment firm, announced their investment in NeuroFlow, the market-leading behavioral health SaaS platform.
- NeuroFlow's platform combines AI-driven analytics, care collaboration enablement, and enterprise consumer-grade activation to reduce the risks of identifying, managing, and monitoring complex behavioral health and substance use populations.
- Concord's investment will provide NeuroFlow with capital to
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TeleVox Acquires Odeza Patient Engagement Business from Ensemble Health Partners
What You Should Know:
- TeleVox announced it has acquired the Odeza patient engagement business from Ensemble Health Partners (Ensemble), a revenue cycle management company for hospitals, health systems and physician practices. Financial terms of the acquisition were not disclosed.
- The acquisition will make TeleVox’s technology available to Ensemble’s customers, offering healthcare providers a comprehensive solution from patient acquisition to discharge and beyond.
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M&A: Accenture Acquires UK Digital Health Firm Nautilus
What You Should Know:
- Accenture announced it has acquired Nautilus Consulting, a digital healthcare consultant firm in the U.K. that specializes in Electronic Patient Record (EPR) solutions. Financial terms of the acquisition were not disclosed.
- The acquisition will enhance Accenture’s digital transformation, implementation, and optimization capabilities across the U.K. and global healthcare space. As part of the acquisition, Nautilus will join Accenture’s Health Strategy
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Walgreens CEO Rosalind Brewer Steps Down, Interim CEO Appointed
What You Should Know:
- Walgreens Boots Alliance (WBA) CEO Rosalind Brewer is stepping down as CEO and a member of the board after only two years, as of August 31, 2023. Roz Brewer served as Chief Executive Officer of WBA since March 2021.
- The Board of Directors has appointed Ginger Graham, current Lead Independent Director of WBA, as the Company’s interim CEO. Ms. Brewer has agreed to continue to advise WBA while the Company conducts a search for a permanent CEO.
Rosalind Brewer
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Better Life Partners Raises $26.5M to Expand Virtual SUD Platform
What You Should Know:
- Better Life Partners, a virtual and in-person, community-embedded, whole-health solution for individuals and populations with substance use disorders (SUD) raises $26.5M in Series B funding round.
- The round is co-led by aMoon and existing investor F-Prime Capital with participation from existing investor, .406 Ventures. Better Life Partners has raised $38M to date.
- Better Life Partners plans to use the new capital to further develop and scale its effective,
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Biofourmis’ Founder Steps Down As CEO, Amidst Company Layoffs
What You Should Know:
- Biofourmis founder and CEO Kuldeep Singh Rajput has quietly resigned as CEO, according to the company’s spokesperson. The company has appointed private equity investor General Altantic's Ben Wanamaker as interim CEO.
- Rajput’s abrupt exit comes after the Boston-based virtual care and digital medicine company laid off 120 employees.
- Founded in 2015, Biofourmis discovers, develops, and delivers clinically validated software-based therapeutics to provide better
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QuantHealth Secures $15M for AI-Powered Clinical Trial Design
What You Should Know:
- QuantHealth, an Israeli-based AI-powered clinical trial design startup raises $15M in a Series A funding round co-led by Bertelsmann Investments and Pitango HealthTech, with participation from existing investors Shoni Top Ventures and Nina Capital.
- The round also includes participation from previous investors including Boston Millennia Partners, Atooro Fund, and Renegade Ventures. The latest round of funding brings QuantHealth to $20M in funding to
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Wellstar and Augusta University Launches Unified Health System
What You Should Know:
- Wellstar Health System and Augusta University Health System (AUHS) announced the launch of its unified health system.
- AUHS will now be known locally as Wellstar MCG Health with the vision of enhancing the well-being of communities across Georgia.
- This partnership represents a powerful alliance between Wellstar Health System, the University System of Georgia, Wellstar MCG Health and Augusta University’s Medical College of Georgia (MCG), to propel medical
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HCA Healthcare Collaborates with Google Cloud to Bring Generative AI to Hospitals
What You Should Know:
- HCA Healthcare and Google Cloud today announced a new collaboration designed to use generative AI technology to improve workflows on time-consuming tasks such as clinical documentation, so physicians and nurses can focus more on patient care.
- This expanded work with Google Cloud is part of a strategic partnership announced in 2021 that includes safeguards to protect patient privacy and the security of data.
Optimizing Clinical Documentation
As part of a
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