What You Should Know:
K4Connect, a Raleigh, NC-based mission-centered healthtech company and provider of enterprise operations tech for the senior living communities raises $8.9M in funding co-led by Bryce Catalyst and AXA Venture Partners, with continued support from existing investors, including Intel Capital, Forté Ventures, Topmark Partners, and the Ziegler-Linkage Fund.This latest round brings the company’s total funding raised to $39M and will be used to drive further adoption in
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M&A: Axxess Acquires Home Health EHR Complia Health
What You Should Know:
- Home healthcare technology provider Axxess announced it has acquired Complia Health, a provider of EMR solutions, technology and services for home care, home health and hospice agencies.
- The acquisition will help both organizations combine resources to help clients accelerate outcomes and provide world-class care team and consumer experiences.Financial details of the acquisition were not disclosed. In addition, the acquisition adds more clients,
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Generative AI Can Transform Public Health, but Guardrails by Design Needed
What You Should Know:
- The next generation of ethical generative artificial intelligence (GenAI) provides new hope to transform public health; however, advances in technology must never come at the cost of patient rights, according to a recent webinar.
- The insights were the consensus amongst top African and American health AI experts who participated in a recent webinar about the impact of GenAI on healthcare hosted by Vantage Health Technology, a social enterprise focussed on
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Wearable Sensor Measures Sweat Lactate Levels During Exercise
What You Should Know:
- A team of Japanese researchers has developed a wearable device that can measure how hard one is exercising by analyzing their sweat.
- Their findings have been published in the journal ACS Sensors. The device continuously monitors the level of lactate in our sweat, which is a good indicator of exercise intensity. This technology can be valuable for athletes and fitness enthusiasts to manage their training and monitor their overall health.
Leveraging
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M&A: Ventra Health Acquires ArcMed
What You Should Know:
- Ventra Health, a business solutions provider for hospital-based clinicians, announced today the acquisition of ArcMed, an India-based billing and automation services organization. This acquisition will strengthen Ventra Health’s service performance and quality, optimize operational efficiencies, and provide added scale for automation and growth.
- Ventra Health's new operating model, predictive analytics platform, and intelligent process automation will enable
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M&A: Capsa Healthcare Acquires MASS Medical Storage
What You Should Know:
- Capsa Healthcare, a provider of healthcare workflow solutions, announced the acquisition of MASS Medical Storage, a prominent manufacturer of high-quality medical storage and endoscope cabinet drying systems.
- The strategic acquisition strengthens Capsa Healthcare's global position as a premier provider of innovative and efficient workflow solutions for hospitals, clinics, and surgery centers.- With this acquisition, Capsa Healthcare gains access to MASS
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FemTech: Herself Health Raises $26M To Power Primary Care for Women 65+
What You Should Know:
- Herself Health, a New York City-based healthcare company providing comprehensive primary care to women 65+raises $26M in Series A fuding led by Michael Cline of Accretive serving as the lead investor. The company has raised $33 million to date. Juxtapose also participated in the Series A.
- Founded in 2022, Herself Health provides value-based care to women 65+ with a focus on helping women feel seen and heard as they age in a way that the current healthcare
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U.S. News & World Report Integrates 3M AM-PPCs with Best Hospitals Specialty Rankings
What You Should Know:
U.S. News & World Report will incorporate the 3M™ Ambulatory Potentially Preventable Complications (3M AM-PPCs) software in the analysis of its 2023-2024 Best Hospitals Specialty rankings.Developed to address patient safety and quality oversight for procedures performed in hospital outpatient departments or ambulatory surgery centers, 3M AM-PPCs uses sophisticated classification logic and allows providers and payers to identify and analyze complications in
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Paytient Raises $7.5M in Venture Debt for Health Payment Platform
What You Should Know:
Paytient, the Health Payment Account (HPA) that helps plan members access affordable health care, officially announced Silicon Valley Bank has finalized a $7.5M venture debt facility. To date, the company has raised $55.5M in equity from leading investors including Mercato, Bertelsmann Investments, Lightbank, Felicis Ventures, Box Group, Lachy Groom, Left Lane Capital, Commerce Bank, Crossbeam Ventures, Cultivation Capital, and Inspired
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Prenosis Awarded $4.8M in NIH Grants to Enable Precision Medicine for Sepsis
What You Should Know:
Prenosis, Inc., a Chicago, IL-based AI company enabling precision medicine in acute care, announced today that it has been awarded two Phase 2 SBIR grants totaling $4.8M in funding by the National Institute of General Medical Sciences (NIGMS), a division of the National Institute of Health (NIH). The grants will study the use of Prenosis's Immunix™ Artificial Intelligence platform for acute immune states. Prenosis has built a collection of artificial
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