Notable, a San Francisco, CA-based company redefining cancer treatment with a clinically validated platform that rapidly advances cancer drug development has raised $40M in Series B funding. The Series B round is co-led by B Capital Group and LifeForce Capital. LifeForce is a returning investor, joined by new investors B Capital and Industry Ventures. This latest round brings Notable’s total funding to over $55M.Notable was founded in 2017 by Matt De Silva after helping his own father Marc, who
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Boston University, Sharecare to Build Community Well-Being Index With SDoH & Real-Time Datasets
The Boston University School of Public Health (SPH) and Sharecare, the digital health company helping people manage all their health in one place has formed a strategic partnership to build the most comprehensive and dynamic measure of well-being across the United States.Community Well-Being Index (CWI) OverviewThe Community Well-Being Index (CWI) from SPH and Sharecare will contextualize the critical impact that environment has on one’s access to health resources, readiness to change and
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Global Digital Health VC Funding Breaks $5.1B in First Half of 2019
Global venture capital (VC) funding in digital health/health IT, including private equity and corporate venture capital, reach $5.1 billion in the first half of 2019, according to market research firm Mercom Capital. The 1H and Q2 2019 Digital Health (Healthcare IT) Funding and M&A Report reveals $5.1B in funding across 318 deals compared to $4.9B across 383 deals in 1H 2018. Q2 2019 VC funding held strong at $3.1 billion in 169 deals following the $2 billion raised in 149 deals in Q1 2019.
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Redox Partners With Georgia’s Tech Incubator to Help Health IT Startups Scale
Healthcare interoperability provider Redox, today announced it has partnered with Advanced Technology Development Center (ATDC), Georgia’s technology incubator, to help health technology startups scale their business. Startups in ATDC's HealthTech Program get access to Redox's full-service integration platform. By working with Redox, startups in the program can overcome the industry's interoperability challenge, and focus on developing and establishing new technologies that will benefit
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Why Clinician Burnout Is A Public Health Crisis Demanding Urgent Action
Clinician burnout is a public crisis that demands urgent action, according to a new Spok survey on the prevalence of clinician burnout. In April 2019, Spok asked 474 clinical staff members at hospitals and health systems across the U.S. their insights on clinician burnout. The survey reveals 92% of clinicians called burnout “a public health crisis,” yet many report their organizations are not implementing recommended strategies to address it.Understand The Impact of Clinician BurnoutBurnout is
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Boston Children’s Hospital Taps Premier to Power Its Supply Chain Portfolio
Pediatric medical center Boston Children’s Hospital has partnered with Premier Inc. (PINC), a healthcare improvement company, to foster optimal management of its supply chain portfolio across the enterprise. The hospital signed a multi-year agreement with Premier for access to its industry-leading supply chain services, including Premier’s group purchasing organization (GPO) and PremierConnect® supply chain analytics.As part of the implementation, Boston Children’s will leverage Premier’s vast
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Only 15% of US Consumers Used A Telecare Service in Past 12 Months
As consumers integrate connected devices and services ever more deeply into their lifestyles, they bring the same expectation and desire to their health and wellbeing. New research from Parks Associates reveals 15% of US broadband households have used a telecare service in the past 12 months. The new report quantifies the adoption and use of consumer wearables and other connected fitness devices and evaluates consumer usage patterns and desire for new features.It also examines the growing
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ACO Investment Model Reduced CMS Expenditures by $48M
The Accountable Care Organization (ACO) Investment Model (AIM) saved the Centers for Medicare & Medicaid Services (CMS) more than $48M in its first year while promoting improved health care in rural and underserved areas, according to a new study from Abt Associates.The new study reveals that after accounting for the $82.4 million provided to ACOs, AIM reduced CMS expenditures by $48.6 million. Decreases in the number of hospitalizations and use of institutional post-acute care contributed
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Siemens Healthineers, UM System, MU Health Care Forms $133M Alliance for Precision Health
University Hospital with the Staff for Life Helicopter at dusk.[/caption]Siemens Healthineers and the University of Missouri System (UM System), including all four universities, and University of Missouri Health Care (MU Health Care), has established the Alliance for Precision Health that will leverage their joint expertise to transform healthcare delivery, promote education in the fields of technology and engineering, and develop groundbreaking research initiatives.As part of the alliance,
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FCC Approves $100M 3-Year Rural Telehealth Pilot: 4 Things to Know
The FCC voted on Wednesday to approve a $100 million connected care pilot program that aims to provide telehealth services to low-income patients in rural America. The telehealth program will facilitate the effective treatment of chronic conditions outside of the doctor’s office, at significant savings for patients and health care providers.Here are four things to know about the $100M rural telehealth pilot program:1. The proposed Connected Care Pilot would provide an 85% discount on
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