What You Should Know:
- Flare Capital Partners, a Boston-based healthcare technology venture capital firm closes its third fund with $350M, which follows up on its prior two funds raised in July 2019 and the inaugural fund raised in April 2015, respectively.
- The most recent fund, establishes Flare Capital Partners as one of the largest, independent, early-stage venture capital firms dedicated to healthcare technology.
“When we started the firm in 2014, over $4.5 billion was invested
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Inspire Medical Systems Invests in AI Startup EnsoData
What You Should Know:
- Inspire Medical Systems has announced its investment in EnsoData, an artificial intelligence (AI) healthcare company helping clinicians uncover disease while patients sleep.
- EnsoData’s technology helps address some of the most intractable problems in healthcare: access and affordability for patients and clinician burnout. By letting doctors and other clinicians use powerful AI to automatically analyze and diagnose diseases while a patient sleeps, EnsoData
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NotiSphere Raises $3.6M to Scale Medical Recall Platform
What You Should Know:
- NotiSphere, a healthcare technology startup focused on transforming the medical recall alert process by directly connecting suppliers to recall coordinators at healthcare organizations, today announced a $3.6 million Series Seed round led by Royal Street Ventures, with participation from Okapi Ventures, Stage Venture Partners, Revolution's Rise of the Rest Seed Fund, Coelius Capital, Supernode Ventures and Cedars Sinai Health Ventures. This latest financing brings
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Philips and Prisma Health Partner to Drive Enterprise Interoperability & Imaging Solutions
What You Should Know:
- South Carolina’s largest health system Prisma Health adopts Philips software solutions for patient monitoring and enterprise imaging, helping to drive interoperability and data analytics, and deliver on Quadruple Aim.
- The partnership reflects today’s growing trend of long-term strategic partnerships (LSPs) within hospitals and health systems to better manage the cost and complexity of their technology investments over a defined period of time while expanding
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CareCloud Adds Chronic Care Management Service to its Digital Health Portfolio
What You Should Know:
- CareCloud, Inc., a healthcare technology solutions provider for medical practices and health systems nationwide, has announced its new offering, CareCloud Wellness for chronic care management as part of its growing suite of digital health solutions that help providers enhance patient care and revenue streams.
- CareCloud Wellness gives practices the means to easily participate in the government’s
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Fathom Receives Strategic Investment for Medical Coding Automation Platform
What You Should Know:
- Fathom, the first medical coding automation company to receive an investment from a national physician group, Inflect Health the innovation hub of Vituity and one of the largest physician-led provider groups in the United States.
- Fathom will also leverage Vituity’s expertise in the revenue cycle as it refines the Fathom platform to alleviate staffing challenges, reduce denials and mitigate audit risk. Fathom is the only medical coding platform that can fully and
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DiA Imaging Analysis Partners with Intel to Improve Ultrasound Analysis by 40%
What You Should Know:
- DiA Imaging Analysis Ltd, a global provider of AI-powered ultrasound analysis software, has teamed up with Intel to streamline artificial intelligence (AI) solutions used by echocardiography (Echo) labs.
- DiA’s AI-based software, LVivo Seamless™, automatically analyzes cardiac ultrasound images using the Intel® Distribution of OpenVINO™ toolkit, to optimize processing time by over 40% percent while maintaining accuracy.
Accelerating Processing Times for AI-Based
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Enlyt Health Secures $10M to Expand Healthcare Digital Front Door
Transform Patient Engagement with a Digital Front Door from Ryan Blachly on Vimeo.
What You Should Know:
- Enlyt Health, a St. Petersburg, FL-based low code platform for healthcare digital front door raises $10M in Series A funding led by Meritage Partners. Enlyt Health has several well-known Health Systems already live on the platform providing patients the needed access and tools to better their overall health journey.
- Enlyt Health helps organizations build Digital Front Doors
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BCBS of Michigan Launches Joint Venture with Honest Medical Group
What You Should Know:
- Blue Cross Blue Shield of Michigan (BCBSM) today announced a joint venture with Nashville-based Honest Medical Group to offer physicians comprehensive operational, clinical, and financial support for shared accountability Medicare contracts.
- The joint venture is the first of its kind for BCBSM and aligns with the organization's continued expansion of Blueprint for Affordability, its member-focused, value-based care and payment
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Mayo Clinic Partners with VUNO to Develop AI-Driven Precision Oncology Solutions
What You Should Know:
- Mayo Clinic has signed a research agreement with VUNO, a global medical artificial intelligence (AI) company to develop advanced AI-driven precision oncology solutions to deliver precision oncology care.
- Through this research agreement, VUNO will establish a collaboration with Mayo Clinic to develop innovative AI and machine learning solutions for more precise diagnosis, prognosis and treatment stratification in cancer.
- This collaborative agreement combines
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