What You Should Know:
- Foundation Medicine (FMI) announced today a partnership to integrate its comprehensive genomic testing services into Epic’s electronic medical record (EMR) platform, making it easier for oncologists to order comprehensive genomic tests (CGP), review results, continually access clinical and genomic information and share among their care teams in order to develop personalized treatment plans quickly and efficiently for their patients. See the full release
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Olive Launches In-House Venture Studio for Digital Health Startups
Olive Launches In-House Venture Studio for Digital Health Startups
What You Should Know:
- Olive, the $4B healthcare automation company, today announced Olive Ventures, a new in-house venture studio that works hand-in-hand with early-stage entrepreneurs to create digital health companies through Olive’s platform.
- Olive Ventures offers visionaries a secure, compliant tech environment (i.e. Olive’s tech stack) that’s designed to rapidly validate, deploy, distribute and
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Ginger and Headspace Merge to Form Headspace Health to Support Mental Health
What You Should Know:
-Headspace, a global leader in mindfulness and meditation, and Ginger, a leader in on-demand mental healthcare, today announced they have entered into a definitive agreement to merge.
- The combined entity, Headspace Health, will provide the full spectrum of proven, effective virtual support - from mindfulness and meditation to text-based behavioral health coaching, to video-based therapy and psychiatry - for all types of patient populations (consumers, employees,
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UPS Launches First COVID-19 Vaccine Drone Deliveries at Atrium Health Wake Forest
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
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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
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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
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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
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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
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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
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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
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