What You Should Know:
- Olive, the AI healthcare company, announced today the adoption of Amazon Web Services, Inc. (AWS) as its preferred cloud provider, now leveraging AWS’s computing capabilities to improve healthcare efficiency and reduce costs for patients and organizations.
- Olive’s workflow automation solution will run on AWS to connect the disparate systems used by healthcare organizations to help automate and optimize administrative tasks for healthcare providers, freeing them to
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AMA Forms External Advisory Group to Advance Equity in Healthcare Innovation
What You Should Know:
- The American Medical Association (AMA) today announced the creation of an external advisory group, the Equity and Innovation Advisory Group dedicated to advance equity in healthcare innovation.
- The advisory group plans to recommend strategies that will help drive equitable resources to health solutions created by marginalized innovators and include marginalized patients’ voices in health innovation development processes – with a target of ultimately reaching a
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Reify Health Secures $220M to Go Beyond Decentralized Clinical Trials
What You Should Know:
- Reify Health, a Boston-based company paving the way to faster, predictable, and more accessible clinical trials, today announced it has raised $220M in a Series C funding round led by Coatue Management, joined by ICONIQ Growth and Adams Street Partners, as well as existing investors Sierra Ventures and Battery Ventures. This latest funding brings the company’s valuation to $2.2B.
- Reify Health has built a new foundation for how clinical trials are run through its
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Elektra Health Raises $3.75M for Evidence-Based Menopause Care
What You Should Know:
- Elektra Health, a new women’s health tech company on a mission to smash the menopause taboo, is announcing $3.75M in seed funding co-led by Alexis Ohanian’s Seven Seven Six and Flare Capital Partners, with participation from City Light Capital, January Ventures, Human Ventures, The Fund, Community Fund, and notable angels including Hannah & Guy Raz, Claire Diaz-Ortiz, Jenny Fielding, and others.
- With a mission to smash the menopause taboo, Elektra is the first
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Nanox Acquires Medical Imaging Platform Zebra Medical Vision for $200M
What You Should Know:
- Nanox, the innovative medical imaging company, today announced the acquisition of Zebra Medical Vision, the deep-learning medical imaging analytics company.
- In a deal valued at up to $200M, the medical imaging pioneers will leverage Zebra-Med’s industry-leading team, cutting-edge AI technology, and cloud capabilities, and unprecedented regulatory framework to form the next-generation Medtech juggernaut.
- Nanox also announced today that it has
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ConsenSys Health Acquires FHIRBlocks to Enable Control of Their Confidential Health Data
What You Should Know:
ConsenSys Health, a Las Vegas-based provider delivering next-generation infrastructure for healthcare and life sciences, today agreed to acquire FHIRBlocks, an innovative developer of advanced solutions to support self-sovereign patient-directed fine-grained sharing of their protected personal health information.
- The acquisition includes the transfer of FHIRBlocks’ technological and other IP, as well as key executives and staff, business activities, and
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Raintree Systems Mourns the Passing of its CEO, Richard Welty
What You Should Know:
- Raintree Systems, a software development company that provides value-based solutions for the healthcare industry, announces the passing of the company's Founder and CEO, Richard Welty. The company is mourning this loss and extends our condolences to his wife, their children, and the entire Welty family.
- Terrence Sims, former Chief Operating Officer and current President of Strategic Growth & Marketing has been appointed Interim CEO.
"Richard was full of
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M&A: Healthcare Data Startup H1 Acquires Carevoyance
What You Should Know:
- H1, a global healthcare platform that connects healthcare professionals has acquired Portland, Oregon based Carevoyance, which offers the best targeting, sales enablement, and physician segmentation platform to medical device sellers. Financial details of the acquisition were not disclosed.
- The acquisition enables H1 to expand its presence in the medical device market, and allows Carevoyance - which will continue to operate independently, as a subsidiary of H1 -
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GE Healthcare Unveils AI-Enabled, Cloud Imaging Solution
What You Should Know:
- GE Healthcare unveils its next-generation, cloud-based Picture Archive and Communication System (PACS) designed to address the acute shortage of radiologists and growing demand for imaging scans has put radiology departments under increased strain. Edison True PACS is a transformative system, offering AI-enabled decision support to help radiologists adapt to higher workloads and increased exam complexity, and improve diagnostic accuracy.
- Through a web-based
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Tegria, Cedar Partner to Humanize the Patient Financial Experience
What You Should Know:
- Tegria, a Seattle-based healthcare technology, and services company, and Cedar, a New York City-based healthcare financial technology platform, announced the formation of a strategic partnership. The partnership will bring Cedar's consumer-facing financial engagement platform to Tegria customers and deliver Tegria's robust revenue cycle management expertise to Cedar's extensive client base, enabling a seamless, intuitive, and dependable financial experience for both
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