What You Should Know:
- Cascala Health, a healthcare technology company based in Boston secures $8.6M in seed financing co-led by Flare Capital Partners and Eniac Ventures, with additional backing from Omega Healthcare Investors, Ziegler Link-age Fund, Tau Ventures, and Digital Health Venture Partners. This brings the company's total funding to $11.23M since its launch in mid-2024.
- The new capital will be used to accelerate product development, expand the company’s clinical
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Non-Invasive URIS® Device from Stimvia Delivers Promising Results for Parkinson’s Symptoms
What You Should Know:
- Stimvia, a Czech medtech company, has successfully completed a clinical study on its URIS® device for the treatment of Parkinson’s disease symptoms.
- The study, which was published in the medical journal Clinical Parkinsonism & Related Disorders, confirms the safety of the non-invasive treatment and indicates a positive impact on both symptom relief and patients’ quality of life.
Impact of Parkinson's Disease
Parkinson's disease, the second
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ARC and Revealense Collaborate on Joint Venture to Deliver At-Home AI-Based Neurological Diagnostics
What You Should Know:
- ARC, the innovation arm of the world-renowned Sheba Medical Center, and Revealense, a creator of a neurological-AI engine, have announced a joint venture.
- The collaboration will focus on delivering an advanced neurological diagnostic solution that uses a standard webcam to provide precise, clinically validated diagnoses for a wide range of neurological, cognitive, and developmental conditions in a patient's home.
Addressing a Major Clinical
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M&A: CitiusTech Acquires Health Data Movers to Enhance Epic Systems and AI Integration
What You Should Know:
- CitiusTech, a provider of healthcare technology and solutions, has announced the acquisition of Health Data Movers, a healthcare technology services firm known for its expertise in platforms like Epic Systems, Workday, and ServiceNow. Financial terms of the acquisition were not disclosed.
- Founded in 2012, Health Data Movers is a U.S.-based firm with a mission to empower patients and providers by leveraging healthcare data and technology. The company brings
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M&A: TigerConnect Acquires eVideon to Unify Hospital Communications
What You Should Know:
- TigerConnect, a leading clinical collaboration platform, has announced its acquisition of eVideon, a leader in hospital smart room technology and digital patient engagement.
- The strategic acquisition marks a significant step in TigerConnect's mission to unify healthcare communications across the care continuum. By combining TigerConnect’s clinical communication tools with eVideon’s smart room solutions, the companies aim to create a seamless and
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OSPRI Launches as Vertically-Integrated Biotech Company with $30M
What You Should Know:
- Community Direct DX (CDx), Scienetix, and the R&D division of Advanta Genetics have merged to form OSPRI, a new biotechnology company specializing in polymerase chain reaction (PCR)-based infectious disease detection.
- The merger creates one of the world's first fully vertically-integrated molecular testing platforms.
Addressing Cost and Complexity in PCR Testing
OSPRI will develop and deliver advanced tools to improve access to high-quality
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New Trilliant Health Report Exposes Widespread Price Variation in U.S. Healthcare
What You Should Know:
- Trilliant Health, a healthcare analytics firm, has released a new report that leverages data from the Transparency in Coverage (TiC) final rule to expose significant variations in commercial healthcare prices across the United States.
- The analysis, which includes data from 2,659 hospitals and 3,491 ambulatory surgery centers, highlights a "startling spread in prices" for the same procedures.
Information Asymmetry
The U.S. healthcare system
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Medallion Raises $43M to Streamline Healthcare Provider Networks with AI
What You Should Know:
- Medallion, a provider of AI-powered provider network infrastructure, today announced it has raised $43M in new funding led by Acrew Capital, with participation from Washington Harbour Partners and returning investors including Sequoia Capital, GV, and Spark Capital. The funding brings the company’s total raised to $130M, reinforcing its mission to eliminate administrative waste and streamline healthcare operations.
- The company plans to automate thousands of
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Healthcare’s Shift to Proactive Cybersecurity Measures
Health insurance payers, healthcare providers, and their associated contractors who handle patient data have all been forced to reckon with heightened cybersecurity concerns. For the entire industry, a proactive approach — rather than a reactive approach — is more important than ever.
The data around expensive security breaches and other cyberattacks do not tell the complete story of what’s happening in healthcare. Payers and providers are being inundated with alerts — almost all of which
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CentralReach Acquires SpectrumAi and AI.Measures to Expand AI-Powered Autism Care
What You Should Know:
- CentralReach, a software provider for autism and intellectual and developmental disabilities (IDD) care, has announced the acquisitions of SpectrumAi and AI.Measures. These strategic moves significantly expand CentralReach's platform to enable and accelerate outcomes-based care (OBC) for the autism and IDD field.
- The two companies bring cutting-edge capabilities in clinical assessment, video data capture, and predictive analytics that will enhance
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