What You Should Know:
- Inovalon, an innovator in cloud-based healthcare data solutions, announced a strategic partnership with the MEDITECH Alliance.
- The strategic collaboration empowers thousands of healthcare providers using MEDITECH's electronic health record (EHR) systems to leverage Inovalon's end-to-end revenue cycle management (RCM) solutions.
Optimizing Reimbursement and Reducing Errors
The partnership tackles a significant challenge in healthcare: inefficient
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Adventist Health Selects The Garage’s Bridge Platform to Advance Value-Based Care Initiatives
What You Should Know:
- The Garage, a leading population health management technology company, announced a strategic partnership with Adventist Health, a prominent non-profit integrated health system. Adventist Health will leverage The Garage's Bridge platform to further its value-based care initiatives across its diverse patient population.
- The Garage, headquartered in Orlando, Florida, is a population health management leader dedicated to improving healthcare delivery. By
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ONWARD Medical Secures $56.6M Loan to Advance Spinal Cord Stimulation Therapies
What You Should Know:
- ONWARD Medical N.V. (Euronext: ONWD), a leading medical technology company specializing in innovative spinal cord stimulation therapies, announced the signing of a loan agreement of up to €52.5M ($56.6M) with Runway Growth Capital LLC, a U.S.-based lender.
- This strategic partnership will provide vital funding for the company's continued growth and advancement of life-changing SCS therapies for people with spinal cord injury (SCI).
- ONWARD Medical is a
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Mayo Clinic Receives $20M Gift to Propel AI and Cancer Research
What You Should Know:
- Mayo Clinic has announced a generous $20M gift from Dwight and Dian Diercks that will significantly advance key elements of Mayo Clinic's vision, including the Mayo Clinic Platform and the application of artificial intelligence (AI) for early cancer detection and intervention.
- In recognition of this support, Mayo Clinic will establish the Dwight and Dian Diercks President, Mayo Clinic Platform, and create the Heidi Diercks Krause Fund in AI Innovation
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Google and TikTok Ban Done Global Ads Amid Telehealth Adderall Controversy
What You Should Know:
- Following federal investigations into Done Global's Adderall prescribing practices, Google and TikTok have banned the telehealth company from advertising on their platforms.
- A spokesperson for LegitScript declined to comment on the specific situation regarding Done Global.
Adderall and ADHD Treatment Under Scrutiny
Adderall, a stimulant medication commonly used to treat Attention Deficit Hyperactivity Disorder (ADHD), is at the center of the
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Arcadia Acquires CareJourney to Enable High-Performing Networks
What You Should Know:
- Arcadia has acquired CareJourney®, a leading provider of clinically relevant healthcare data and AI-powered insights.
- The deal strengthens Arcadia's position as a trusted partner for leading healthcare brands like Southwestern Health Resources, Tandigm, Castell, Rush Health, and Beth Israel Lahey Health.
- With the acquisition, Arcadia's customer portfolio grows to nearly 200, encompassing providers, payers, government agencies, and life
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VenoStent Raises $20M for Dialysis Solution, Secures $3.6M NIH Grant for U.S. Dialysis Therapeutic Clinical Trial
What You Should Know:
- VenoStent, Inc., a medical device company pioneering a new approach to improve dialysis patient outcomes, announced the successful completion of its Series A funding round. The round closed at $20M, with Norwest Venture Partners contributing an additional $4M to join Good Growth Capital and IAG Capital Partners as co-leads.
- VenoStent also welcomes Dr. Zack Scott, Norwest General Partner, and Dr. Ehi Akhirome, Norwest Investor, to its board of
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Philips Expands Cloud-Based Imaging with IntelliSpace Radiology on AWS
What You Should Know:
- Philips, a leader in health technology, announced today a significant advancement for its IntelliSpace Radiology platform. Existing customers in North America will now have the option to transition to a cloud-based version hosted on Amazon Web Services (AWS).
- This strategic expansion positions Philips at the forefront of cloud-based healthcare solutions, offering improved efficiency, enhanced security, and powerful AI integration.
Benefits of
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Sidecar Health Secures $165M to Disrupt Employer-Sponsored Healthcare
What You Should Know:
- Sidecar Health, a health insurance provider for businesses raises $165M in a Series D funding round led by Koch Disruptive Technologies with participation from new and existing investors such as GreatPoint Ventures, BOND, Cathay Innovation, Drive Capital, Duke University, Menlo Ventures, and Morpheus.
- Sidecar Health's $165 million funding round and strategic partnership with Koch Industries position them as a major disruptor in the employer-sponsored health
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Fighting Rectal Cancer with AI: Researchers Secure $2.78M Grant
What You Should Know:
- A glimmer of hope emerged today for rectal cancer patients as a collaborative effort between Case Western Reserve University (CWRU), Cleveland Clinic, and University Hospitals (UH) received a $2.78 million grant over five years from the National Institutes of Health and National Cancer Institute. This grant will fuel research leveraging artificial intelligence (AI) to personalize treatment for rectal cancer patients.
- The new research effort signifies a
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