What You Should Know:
- PayZen, the fintech company tackling healthcare affordability with personalized, no-cost patient financing solutions raises a $220 million growth round. The round is composed of $20 million in equity financing and a $200 million credit facility led by 7wireVentures, while Viola Credit provided a $200 million warehouse credit facility to support continued market expansion.
- PayZen will use the funds to scale its operations and product development as the interest in
Read More
What Has COVID Ever Done For Us? Here 9 Examples
The early 2020s will be studied by historians as a time of global uncertainty when an unknown pathogen caused a public health emergency that brought the world to the brink.
It may also be remembered as a time of unparalleled cooperation and advancement in technologies, prompted by the Covid pandemic, that provided enduring benefits for generations to come.
Just as the two world wars of the 20th Century were the deadliest and most attritional in history, they also triggered developments in
Read More
care.ai Secures $27M for AI-Powered Smart Patient Rooms
What You Should Know:
care.ai, a Orlando, FL-based first and only AI-powered ambient monitoring platform in healthcare raises $27M in funding from Crescent Cove Advisors.
- The company plans to use the funding to accelerate growth and scale deployments of the industry's first smart care facility platform throughout the U.S.
AI-Powered Smart Patient Rooms
care.ai’s Smart Care Facility Platform™ transforms healthcare settings, such as hospitals and nursing homes, into
Read More
Osso VR and American College of Cardiology to Develop Immersive Training for Cardiovascular Professionals
What You Should Know:
- Osso VR, a virtual reality (VR) company in healthcare, and the American College of Cardiology (ACC), a global nonprofit dedicated to transforming cardiovascular care announced a new collaboration to develop an immersive, VR-enabled training program for cardiovascular professionals.
- The collaboration builds upon the ACC’s long tradition of educational excellence and will support more than 56,000 cardiovascular professionals with state-of-the-art
Read More
CHIME/symplr Report Reveals Hospital Exec Priorities and 2023 Initiatives
What You Should Know:
- symplr, a provider of enterprise healthcare operations software, has announced the findings of its 2022 symplr Compass Survey.
- The research captured sentiments from decision makers at top U.S. health systems to obtain insights about healthcare operations technology at their organizations, including effectiveness, challenges, and areas of opportunity. The results are published in the 2022 symplr Compass Survey Report, “From Disparate to Dynamic: Opportunities and
Read More
DirectTrust and EHNAC Announce Merger Agreement
What You Should Know:
- DirectTrust and the Electronic Healthcare Network Accreditation Commission (EHNAC) today announced an agreement to merge EHNAC with and into DirectTrust, effective January 4, 2023.
- DirectTrust is a non-profit healthcare industry alliance created to support secure, identity-verified electronic exchanges of protected health information. EHNAC is a non-profit standards development organization and accrediting body for organizations that electronically
Read More
Edifecs Partners with Empowered-Home to Deliver Automated Prior Authorizations
What You Should Know:
- Edifecs and Empowered-Home announced a partnership to provide automated prior authorizations to medical associations, Accountable Care Organizations (ACOs), Independent Physician Associations (IPAs), medical groups, and home health care agencies.
- The Edifecs prior authorization solution combined with the clinical decision support system of patient management software company, Privis Health, forms the backbone of Empowered-Home’s ecosystem. Empowered-Home is
Read More
Vivalink Integrates with Garmin, Other Wearables to Address RPM Interoperability
What You Should Know:
- Vivalink is addressing these RPM interoperability challenges by announcing today that leading wearables and medical-grade devices are integrating with the company’s Biometrics Data Platform.
- Now, leading pulse oximeters, blood glucose monitors and sleep monitors by companies like Garmin and Roche are available alongside the Platform to accelerate development and deployment of novel healthcare applications and research.
Why It Matters
Integration and
Read More
Haystack Oncology Launches with $56M for Post-Op Cancer Detection Tech
What You Should Know:
- Haystack Oncology ("Haystack"), an oncology company that applies the next generation of circulating tumor DNA (ctDNA) detection technology raises $56M in Series A financing led by Catalio Capital Management ("Catalio"), which co-founded Haystack through its private equity and structured equity investment vehicles. Additional investors include Bruker, Exact Ventures, the venture arm of Exact Sciences and Alexandria Venture
Read More
Patent Awarded for Saliva-Based Test to Help Diagnose Concussion
What You Should Know:
- Quadrant Biosciences announced today that the U.S. Patent and Trademark Office (USPTO) has awarded the company and two of its academic partners, the State University of New York Research Foundation and the Penn State Research Foundation, with U.S. Patent No.11,453,914 for the analysis and prediction of mild traumatic brain injury (mTBI) and concussion symptoms.
- This research was first mentioned on CNN back in 2017.
Read More
