OSF Ventures, the investment arm of OSF HealthCare has joined a $35M Series B funding round to support medical device startup Exo Imaging that’s developing a breakthrough handheld, AI ultrasound device that will allow healthcare providers to make critical, real-time diagnostic decisions.Performance Ultrasound PlatformFounded in 2015, Exo (pronounced “Echo”) is bringing diagnostic-grade medical imaging to the pocket of every caregiver and clinician worldwide. The company is developing an
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Health Data Security: Validic Receives ISO 27001 Certification
Validic, a provider of health data solutions for remote monitoring and virtual engagement, today announced it has received the ISO/IEC 27001: 2013 security certification. The certification follows a rigorous third-party auditing process and underscores Validic's dedication to maintaining the most comprehensive, industry-leading data security standards.As the incidence of data breaches increases both in frequency and severity, it is critical that organizations handling sensitive data have secure,
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Health Innovation Think Tank IV: Experts Share Key Takeaways
The Health Innovation Think Tank, a diverse group of healthcare leaders, innovators and policymakers has announced the availability of key takeaways and actionable best practices for healthcare organizations from one of their five recent events.
Health Innovation Think Tank Overview
Formed in 2017 by Justin Barnes, the Health Innovation Think Tank includes nearly 200 cross-industry thought leaders. The group provides guest discussion catalysts, public policy updates, executive education
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Medable Joins the American Heart Association’s Center for Health Technology & Innovation Innovators Network
Medable Inc., a provider of digitally-enabled and data-driven clinical trials, will join the American Heart Association’s Center for Health Technology & Innovation (the Center) Innovators Network. The Center is focused on building health-tech relationships to drive innovative and scalable solutions across the health continuum.American Heart Association’s Center for Health Technology & Innovation Innovators NetworkThe Center helps members of its Innovators Network in the healthcare
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HLTH & ATA Partner Up to Highlight Telehealth Solutions, Virtual Care Adoption
HLTH, the largest and most important conference for healthcare innovation announced a new partnership with ATA, the premier organization working to accelerate the adoption of telehealth, to showcase innovations in virtual care that will change the way care is ultimately delivered.Telehealth solutions include digital health, artificial intelligence (AI), virtual care, remote monitoring, and digital therapeutics (DTx), as well as 'store-and-forward' or asynchronous technologies that securely
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Rite Aid’s New CEO, CommonSpirit Health Appoints First Chief Information and Digital Officer, Geisinger’s Chief Nursing Exec, Other Health IT Appointments
Rite Aid Corporation appoints Heyward Donigan as Chief Executive Officer (CEO) and a member of the Board, effective immediately. John Standley will step down from his role as chief executive officer. Prior to joining Rite Aid, Donigan served as the president and chief executive officer of Sapphire Digital (formerly Vitals), which designs and develops omnichannel platforms that help consumers choose their best-fit healthcare providers.
Since 2015, Donigan lead Sapphire Digital's strategy and
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Evolent Health: Investment Firms Increase Their Stock Positions in EVH
A large number of institutional investors and hedge funds have recently added to or reduced their stakes in Evolent Health Inc. (NYSE: EVH), a company providing an integrated value-based care platform to the nation’s leading provider organizations. The company debuted on the New York Stock Exchange on 6/5/15, raising $195M, and closed above a $1 billion market cap. Here is a look at recent institutional investments in Evolent Health:1. CWM Advisors LLC grew its position in Evolent Health by
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PE Firm Backs Nation’s Largest Care Coordination Company ChartSpan
Blue Heron Capital, a growth private equity (PE) firm based in Richmond, Virginia has announced its investment in a Series A round of funding in ChartSpan, the largest healthcare managed service provider of chronic care management. The firm is part of a five-investor syndicate.Impact of Chronic Conditions on Patient Health OutcomesAn alarming 75% of Americans over the age of 65 live with multiple chronic conditions that require ongoing medical attention and often impact their ability to live
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Report: Health Systems Are Struggling to Simplify Patient Billing & RCM Processes
Today’s health systems are prioritizing patient financial experiences, yet many still struggle to simplify patient billing and align it with revenue cycle management (RCM), according to an in-depth study, commissioned by patient payment and engagement platform Cedar and conducted by The Health Management Academy (The Academy). The Cedar and Academy study examined practices at 20 of the top 100 U.S. health systems including qualitative and quantitative analyses of 23 senior executives
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K Health Integrates with Health Gorilla’s API to Power Lab Orders
K Health, a digital health company that offers free personalized healthcare, and Health Gorilla, a leader in secure interoperability solutions announced an integration collaboration to power new clinical functionality to improve the primary care experience. With the new integration, K Health can now leverage Health Gorilla's FHIR-based APIs to place orders with diagnostic vendors.Integration BenefitsK Health’s AI-driven primary care solution allows users to see how doctors diagnose and treat
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