What You Should Know:
- Aidoc, a Tel Aviv-based provider of artificial intelligence (AI) solutions for medical imaging, announced it has raised $65M in Series C funding led by General Catalyst, bringing its total funding to $140M.
- This Series C round comes on the heels of a surge in demand for Aidoc’s AI-driven solutions, including the largest clinical deployment of AI in healthcare through its partnership with Radiology Partners.
- Founded in 2016, Aidoc’s solutions aid
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Axuall Raises $10.4M to Expand Workforce Intelligent Network for Healthcare
What You Should Know:
- Axuall, a Cleveland, OH-based workforce intelligent network that enables healthcare providers to share their authenticated credentials and qualifications in real-time has raised $10.4M in Series A funding led by Flare Capital Partners. The round also included participation from co-investors Intermountain Ventures, University Hospitals Ventures, MedStar Health, Epsilon Health, InHealth Ventures, AV8 Ventures, JumpStart, M25 Ventures, and North Coast Ventures.
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Banjo Health Lands $5M for AI-Driven Prior Authorization Platform
What You Should Know:
- Banjo Health, a Washington-based provider of AI-driven prior authorization ("PA") solutions, announced today it has raised in excess of $5 million in Series A financing led by Epsilon Health Investors, with participation from Spark Growth Ventures and Tau Ventures. Epsilon Health Investors Co-Founder and General Partner, Gregory Epstein, will be joining Banjo Health's Board of Directors.
- Banjo Health is focused on bringing transparency and automation to PA through
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AMA Assigns CPT Code for FDA-Cleared Solution to Treat Amblyopia (Lazy Eye)
What You Should Know:
- RevitalVision today announced that a new CPT reimbursement code for its solution means millions of U.S. adults with amblyopia can now receive the therapeutic vision training they have needed for years. This software is FDA-cleared and clinically proven to improve vision in adult amblyopia.
- CPT code numbers provide the most widely recognized pathway to report medical procedures and services for processing claims, conduct research, evaluate
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Solve.Care Launches the First Open Global Blockchain Telehealth Network in 20 Countries
What You Should Know:
-Solve.Care, the blockchain healthcare platform that is redefining the way healthcare is administered, has announced the launch of the first blockchain enabled tele-consultation network, Global Telehealth Exchange (GTHE), in 20 countries across Europe, Americas, Asia, Africa, Middle East, and Oceania with plans for further global expansion to cover almost all other countries.
- GTHE is a secure, peer-to-peer, decentralized network that facilitates teleconsultation
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Philips, Cognizant Partner to Develop Digital Health Solutions to Providers, Researchers and Patients
What You Should Know:
- Cognizant and Phillips announced a strategic collaboration to develop digital health solutions intended to improve patient care and accelerate the clinical trials process by increasing connectivity across patients, providers and clinical researchers.
- The strategic alliance brings together Philips HealthSuite, a cloud-based platform and Cognizant’s digital engineering expertise
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Imprivata Acquires Privileged Access Management Provider Xton Technologies
What You Should Know:
- Imprivata, the digital identity company for healthcare, today announced the acquisition of Xton Technologies, an innovative provider of privileged access management (PAM) solutions.
- Founded in 2017, Xton Technologies takes a modern approach to enterprise PAM. The company’s Xton Access Manager (XTAM) software, deployed in just hours, combines all the features of a traditional enterprise-grade solution in one platform with greatly simplified execution and at a
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Intermountain Closes 25 Retail Pharmacies & Transition to CVS Pharmacy
What You Should Know:
- Intermountain Healthcare announced it its plan to close 25 retail pharmacies and has entered into an agreement to transfer prescriptions and inventory to CVS Pharmacy in Utah, starting August 2021.
- The closures will affect Intermountain retail pharmacies located in Utah with low usage by area residents.
- Intermountain will continue to offer medication management services and medication assistance and financial support services.
Transition Plan
CVS
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State Farm Taps Included Health to Improve Healthcare Equity for LGBTQ+ Employees
What You Should Know:
- Today, State Farm announced that it is elevating care for LGBTQ+ employees through a new partnership with Included Health. As a free healthcare benefit, State Farm employees and their families now have access to a dedicated care coordinator who can help them find supportive, affirming healthcare providers and navigate healthcare challenges.
- Discrimination is rampant in the LGBTQ+ community, with more than 40% say they have experienced discrimination by a
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Healthix and The Garage to Launch Specialized Population Health Platform
What You Should Know:
- Healthix, the nation’s largest public HIE, just revealed that it has partnered with tech company, The Garage, to launch a specialized population health management platform for its membership. Called “Municipal,” this turnkey platform will serve to organize, manage and analyze Healthix’s vast repository of patient data (over 20 million patients), and more. Beginning this fall, Municipal will be
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