What You Should Know:
- Maryland State Legislature has passed inaugural legislation, mandating the state-designated health information exchange (HIE), CRISP, to operate as the state-designated health data utility (HDU) beginning Oct. 1.
- Effective October 1, 2022, state law will require the state-designated HIE to provide data in real-time to individuals and organizations involved in the treatment and care coordination of patients and to public health officials to support public
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Optellum Raises $14M for AI-Enabled Lung Cancer Diagnosis
What You Should Know:
- Optellum, an Oxford-based digital health company that provides a breakthrough AI platform to diagnose and treat early-stage lung cancer raises $14M in Series A funding led by Mercia, with additional investors Intuitive Ventures and Black Opal Ventures. Existing investors, including St John's College in the University of Oxford, IQ Capital, and the family office of Sir Martin & Lady Audrey Wood, also participated in this round.
- The investment will enable
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Tavros Therapeutics Raises $7.5M to Develop Targeted Cancer Therapies
What You Should Know:
- Tavros Therapeutics, a precision oncology platform company leading the new frontier of targeted therapies exploiting tumors’ genetic vulnerabilities raises $7.5 million in Seed II financing co-led by existing investor Piedmont Capital Investments and new investor KdT Ventures, with participation from Alexandria Venture Investments.
- Tavros launched in 2020 with a $3 million seed financing by Piedmont Capital Investments and a strategic collaboration with Zentalis
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AGS Health Launches AI-Powered Revenue Cycle Platform
What You Should Know:
- AGS Health, a revenue cycle management (RCM) solutions provider and strategic growth partner to some of the largest healthcare systems in the U.S., announces the launch of the AGS AI Platform, a connected solution that blends artificial intelligence (AI) and automation with award-winning human-in-the-loop services and expert support to maximize revenue cycle performance.
- The platform allows healthcare organizations to gain enhanced visibility into day-to-day
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Memorial Sloan Kettering Cancer Center Launches Telemedicine Platform
What You Should Know:
- Today, Memorial Sloan Kettering Cancer Center (MSK) announced it has collaborated with Accenture and Microsoft over the last 12 months to help develop and refine MSK Telemedicine. MSK Telemedicine was created to provide patients access to care during the COVID-19 pandemic and into the future, allows MSK patients and families to virtually interact with their entire care team, seamlessly replicating an in-clinic visit.
- With the combined resources of Accenture,
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Kaufman Hall Acquires Claro Healthcare
What You Should Know:
- Kaufman, Hall & Associates, LLC (Kaufman Hall) has entered into a definitive agreement to acquire healthcare management consulting firm Claro Healthcare.
- Claro Healthcare is the leading clinical documentation, hospital operations, and mid-revenue cycle improvement platform, blending technology, professional services, and domain expertise to deliver significant return on investment to providers across financial, quality, and compliance metrics.
-
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AWS Distributes $14M to 90 Organizations Through Health Equity Initiative
What You Should Know:
- Amazon Web Services (AWS) announced that it has awarded $14 million in cloud services and technical expertise to help nearly 90 organizations around the world, ranging from startups and nonprofits to large enterprises, to address health equity challenges through the Health Equity Initiative.
- AWS also introduced a new pillar of the program today to improve global equity in access to diagnostics. As non-communicable medical conditions account for 70 percent of
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Bicycle Health Nabs $5M to Scale Its Virtual Opioid Use Disorder Treatment
What You Should Know:
- Bicycle Health, a Boston, MA-based provider of virtual opioid addiction treatment secures $5M from Cobalt Ventures to further accelerate the expansion of its telehealth opioid use disorder (OUD) treatment.
- The additional capital extends Bicycle Health’s Series B venture capital financing, bringing the company’s total funding to date to $83M.
Evidence-based, online suboxone treatment for opioid addiction
Founded in 2017, Bicycle
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Surge Raises $2.6M for Blood Test to Predict Post-Surgery Complications
What You Should Know:
- Biotech and medical AI innovator Surge announced a $2.6M round co-led by HCVC, a global early-stage fund dedicated to high-potential technology startups, and Boutique Venture Partners, a leading fund based in the Silicon Valley . Veteran angel investors, including Nicolas Godin, the COO/CFO of Cardiologs, also participated in the round.
- Based on an exclusive license to Stanford's patented postoperative complication prediction technology, Surge's flagship product
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XpertDox Secures $1.5M to Automate Medical Coding Process
What You Should Know:
- Today, XpertDox, LLC., a Birmingham, AL-based revenue cycle company specializing in autonomous medical coding powered by artificial intelligence raises $1.5M from TN3, LLC, an Arizona based Private Equity Capital firm.
- XpertDox's XpertCoding solution harnesses the power of artificial intelligence in order to autonomously code medical claims faster, more accurately, and cheaper than traditional manual processes. XpertDox is utilizing the funding to
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