What You Should Know:
- UPS, together with its UPS Flight Forward (UPSFF) subsidiary, announced it is now making COVID-19 vaccine deliveries via drone for Atrium Health Wake Forest Baptist in Winston-Salem, North Carolina, using new cold chain packaging developed specifically for drones.
- The announcement marks the first COVID-19 vaccine drone delivery in the U.S. and is an extension of current work for Atrium Health Wake Forest Baptist. UPS’s drone airline received first-of-kind approval
Read More
Antidote Health Raises $12M to Build First Virtual HMO in the U.S.
What You Should Know:
- AntidoteHealth, a New York City-based telehealth provider making quality healthcare accessible to all Americans, today announced it has raised $12 million in seed funding to build an AI-based virtual Health maintenance organization (HMO). The seed round was led by iAngels, Well-Tech Ventures, and Flint Capital, along with other angel investors.
- Antidote is an HMO, which means it cuts out the middleman, connecting simply patients to doctors. By offering a more
Read More
Accenture Invests in Virtual Diagnostic Testing Platform ixlayer
What You Should Know:
- Accenture Ventures announced a strategic investment in ixlayer, a leader in healthcare IT-focused on providing technology-based solutions for diagnostic testing. Terms of the investment were not disclosed.
- Aimed at making lab testing more efficient, the company’s platform lies at the nexus of doctors, researchers, patients and medical facilities, providing healthcare providers, payors and governments with the cloud-based IT infrastructure to scale products and
Read More
Delta Variant Raises New Uncertainties for Hospitals Nationwide
What You Should Know:
- In May, U.S. hospitals, health systems, and physician groups were beginning to recover from COVID-19’s impact on their operations, but the dramatic spread of the Delta variant and an increase in COVID-19 cases and hospitalizations caused new setbacks, according to two reports from Kaufman Hall.
- Hospitals and health systems experienced setbacks in July as the variant drove dramatic spikes in new COVID-19 cases and hospitalizations. Margins and volumes both fell
Read More
Connect America Acquires Remote Patient Monitoring Platform 100Plus
What You Should Know:
- Connect America LLC, a provider of digital health and connected care for seniors and vulnerable populations, today announced it has signed a definitive agreement to acquire 100Plus, the remote patient monitoring (RPM) platform that uses artificial intelligence (AI).
- Connect America, a portfolio company of Detroit-based Rockbridge Growth Equity, is adding complimentary digital health products and technologies to enable both passive monitoring of patients in
Read More
AllStripes Secures $50M to Advance Global Rare Disease Research Platform
- AllStripes, a San Francisco-based healthcare technology company dedicated to unlocking treatments for people affected by rare diseases, today announced it has raised $50 million in Series B funding led by Lux Capital, a current investor, joined by JAZZ Venture Partners, Spark Capital, Medidata Solutions, McKesson Ventures, and Maveron. The round also included participation from angel investors including Arif Nathoo, CEO of Komodo Health, and Leila Zegna, Director
Read More
UPMC Launches Drug Discovery Company Novasenta to Develop Targeted Immunotherapy Drugs for Cancer
What You Should Know:
- UPMC today announced the launch of Novasenta, a drug discovery and development company seeking novel and effective treatments for cancer. Co-founded in late 2018 by Robert Ferris, M.D., Ph.D., Dario Vignali, Ph.D., and Greg Delgoffe, Ph.D., all of the UPMC Hillman Cancer Center and Pitt, Novasenta is currently focused on T-cell targets and rapidly advancing programs with the goal of launching its first clinical trial by the end of 2023.
- Based on years
Read More
Optellum, Johnson & Johnson Collaborate on AI-Powered Lung-Health Initiative
What You Should Know:
- Optellum, a lung-health medtech startup that is pioneering the use of AI to improve diagnostic accuracy and clinical decision-making announce a strategic collaboration with Johnson & Johnson’s Lung Cancer Initiative. This announcement accelerates Optellum’s market entry, building on its FDA clearance earlier this year and deployments underway at hospitals in the USA and ongoing clinical trials in the United Kingdom.
- As part of the collaboration, Optellum will
Read More
Provider Adoption of Automated Revenue Cycle Operations On The Rise
What You Should Know:
- 78 percent of health systems are currently using or are in the process of implementing automation in their revenue cycle operations, according to recent survey results from AKASA, a South San Francisco-based revenue cycle management automation company. The key findings signal automation in healthcare is no longer an emerging trend but is mission-critical for driving efficiency and cost-effectiveness in revenue cycle operations.
- According to the
Read More
MiSalud Launches Digital Health and Wellness Platform for the Underserved US Hispanic Community
What You Should Know:
- MiSalud Inc., a San Francisco-based digital health startup has raised $5M and is launching the beta version of their digital health and wellness platform led by Pivotal Ventures, a Melinda French Gates company, with Magnify Ventures. MiSalud, which means My Health in Spanish, aims to make healthcare more inclusive by offering personalized healthcare services to US Hispanics through its mobile app and platform.
- MiSalud offers a unique combination of personalized
Read More
