What You Should Know:
- Orbita raises $9M for conversational AI-powered voice and chatbot platform co-led by Philips Health Technology Ventures and HealthX Ventures along with investors Cultivation Capital and Newark Venture Partners.
- Orbita's powerful conversational AI platform enables healthcare organizations to cost-effectively create and manage HIPAA-compliant virtual healthcare assistants for consumer and clinical applications that increase patient engagement, reduce cost of care,
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Innovaccer Launches Care As One Campaign to Express Solidarity during COVID-19
What You Should Know:
Innovaccer has launched the Care As One campaign to raise
funds to donate to Feeding America, the nation’s largest domestic hunger-relief
organization, working to connect people with food and end hunger.
The campaign features a collection of stories from all
over the world that people have shared as examples of heroism and acts of
kindness they have witnessed during the pandemic.
The COVID-19 pandemic has shown the
human race some of its worst days
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Premier & 15 Health Systems Acquires Minority Stake in PPE Company to Address Shortage from COVID-19
What You Should Know:
- Premier and 15 of its members acquired a minority stake in Prestige Ameritech, the nation’s largest domestic producer of face masks, as well as other personal protective equipment (PPE) to address shortage due to COVID-19 pandemic.
- The minority stake represents a long-term strategy to invest in or partner with PPE suppliers that source from multiple regions as well as domestic markets to help ensure that a greater proportion of healthcare products are
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Philips Awarded FDA Clearance for Wearable Biosensor to Monitor COVID-19 Patients
What You Should Know:
Wireless wearable biosensor (Philips Biosensor BX100) receives 510(k) clearance from the FDA and CE mark to help monitor COVID-19 patients in the hospital, with the first install at OLVG Hospital in the Netherlands
Philips Biosensor BX100 enhances Philips portfolio of devices, software, and services for identifying patients at risk for deterioration while limiting exposure to help improve staff and patient safety and preserve valuable personal protective equipment.
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Oncology Analytics Lands $28M to Expand Oncology Capabilities
What You Should Know:
- Oncology Analytics raises $28M in Series C funding led by Baird Capital to expand its oncology-focused capabilities, accelerate real-world data and analytics solutions for health plans, and increase the market share of its technology-enabled utilization management solution.
- Oncology Analytics' prior authorization platform is used by physicians to support 5 million health plan members in the US and Puerto Rico and covers the full spectrum of therapeutics, across
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Intelligent Care Robot Could Detect COVID-19 Symptoms in Under 10 Seconds
What You Should Know:
- Vayyar and Meditemi partner to create a more intelligent care robot that could detect early-stage COVID-19 symptoms in under 10 seconds.
- The solution will be used to soften social distancing, restore public confidence in the workplace, and care for people in homes.
Vayyar Imaging an Israeli-based provider of 4D imaging sensor technology and Berlin-based Meditemi (JV of Ogawa and Medisana) a pioneer in robotic healthcare
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BHE Partners with Premier for Access to All-Payer Database Including COVID-19 Data
What You Should Know:
Boston Health Economics (BHE) inks partnership Premier Inc.
to streamline data analytics and more quickly uncover strategies to
improve patient care.
Researchers and data scientists will have on-demand
access to the all-payer database, including recent COVID-19 data, and the
capability to complete analyses 85% faster and at higher quality than
traditional custom programming.
Boston Health Economics (BHE),
a healthcare
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2020 H1 Deep Dive on the Global Digital Health Sector Landscape Report
What You Should Know:
Global venture capital firm White Capital publishes its first series of sector reports diving into the global digital health sector focusing on virtual care, mobile health, software, and communication, while also exploring the outlook of the sector from North America, Europe, and Asia.
In Q1 of 2020, $9.8bn of new VC capital was invested in digital health globally, which is 12% more than what was invested in Q1 2019. The COVID-19 pandemic has provided an accelerated
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2020 MedTech Breakthrough Award Winners Announced
What You Should Know:
- MedTech Breakthrough announces 2020 MedTech Breakthrough Award Winners that recognizes the top companies, people, platforms, and products in the health, fitness, and medical technology industries today.
- The 2020 MedTech Breakthrough Awards program is open to all individuals, companies, and organizations involved in producing digital health and medical technology products and services.
MedTech
Breakthrough, a market intelligence organization that recognizes
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COVID-19 Testing Every Nursing Home & Staff Would Cost $440M Nationwide
The American Health Care Association and National Center for Assisted Living (AHCA/NCAL) has released a state by state breakdown of the estimated cost to COVID-19 test every nursing home resident and staff just once, which would cost $440 million nationwide. As this shows, the cost of ongoing COVID-19 testing of nursing home residents and staff is unsustainable without additional funding and support from federal and state governments. Even the CDC’s recent recommendation to test all nursing
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