Ivenix, a medical technology company developing the next-gen infusion system has raised $50 million in equity financing led by two new undisclosed investors, as well as participation from existing investors F-Prime Capital Partners and WuXi Healthcare Ventures, among others. The company plans to utilize the funding to pursue FDA clearance and quickly expand its team for commercial launch. Ivenix is focused on bringing its first solution to market, a new and innovative infusion system for
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PatientPing Expands Care Coordination Network in Massachusetts for Real-Time Clinical Event Notification
PatientPing, a Boston-based health technology company that connects providers to seamlessly coordinate patient care has announced an expansion of their care coordination network in their home state of Massachusetts with the addition of Tufts Medical Center. The expansion of its data-sharing initiative in the Commonwealth of Massachusetts will help facilitate higher quality care through better patient care coordination. To date, PatientPing currently partners with more than 25 hospitals, 29
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Qventus Expands Artificial Intelligence Platform to Operative Room
Qventus, an AI-based software platform that solves operational challenges across the hospital has announced the expansion of its platform to the perioperative environment, including the operating room (OR). Perioperative care generally represents 50 to 60 percent of hospital revenue. Almost 80 percent of preventable same-day surgical cancellations are due to process failures, such as patients not showing up for surgery, lack of equipment or beds and the OR behind schedule. These cancellations
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IBM Watson Health Integrates with MedyMatch’s A.I. Platform to Help Doctors Identify Head Trauma and Stroke
IBM Watson Health has inked a licensing agreement with Tel Aviv-based startup MedyMatch to integrate its MedyMatch’s A.I.-based clinical decision support app to help doctors identify instances of intracranial bleeding as a result of head trauma and stroke. As part of the integration, IBM Watson’s Health Group will distribute the MedyMatch brain bleed detection application globally through its vendor neutral sales channels. Both companies have future plans to develop further interoperability
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Accolade, Teladoc Integrate to Drive Utilization of Telehealth Services Through Personal Navigation Support
Accolade – an on-demand healthcare concierge for employers, health plans and health systems has announced a partnership with telehealth leader, Teladoc. This collaboration will help people better manage their healthcare through increased utilization of Teladoc's telehealth service and access to Accolade's solutions, ensuring people receive the information they need – when they need it – to improve the quality and affordability of their healthcare. The integrated solution is currently available
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Livongo Health Raises $52.5M to Expand Diabetes Management to International Markets
Livongo Health, a consumer digital health company that is empowering people with chronic diseases to live better has raised $52.5 million in growth funding co-led by existing investor General Catalyst and international investment company Kinnevik. Singapore-based EDBI, American Investment Holdings LLC, and Microsoft Ventures also joined the round including participation from previous investors. The company plans to utilize the funding to expand its diabetes management to international markets
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Innovaccer Launches Free Tool to Help Care Teams Track, Monitor Medicare Advantage Plans
Innovaccer Inc., a Silicon Valley- headquartered healthcare analytics company has unveiled Payor Compare, a free tool for care teams to track, monitor and analyze their performance in the Medicare Advantage Plan and overall trends. Payor Compare tool assimilates comprehensive historical and current data from over 33,000 Medicare Advantage Plans spanned over 600 payors. The new tool compliments Innovaccer's recent tools such as ‘MIPS Calculator’, ‘Hospital Compare’ and ‘ACO Compare’ for free in
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ECRI Institute Names Information Management in EHRs Top Patient Safety Concern for Healthcare Organizations
Information management in electronic health records (EHRs) has been named the top patient safety concern for healthcare organizations in 2017, according to the ECRI Institute. ECRI Institute's 2017 Top 10 Patient Safety Concerns for Healthcare Organizations report reveals that the troves of information to manage, and the advent of EHRs has brought significant presents significant challenges for healthcare providers. "But the object is still for people to have the information that they need to
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Lakeland Health Earns EMRAM Stage 7 Award
Lakeland Health has earned an initial Electronic Medical Record Adoption Model (EMRAM) Stage 7 validation for its three hospitals and 15 of its 34 ambulatory clinics. In 2013, Lakeland became the first healthcare organization in the state of Michigan, as well as in the region, to be certified at Stage 7 in less than three years from the time the EHR was first implemented. To date, only two other health systems in Michigan and seven in Indiana are certified at Stage 7.“In the last three years
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GlobalMed Acquires On-Demand Telehealth Startup TreatMD
Telehealth delivery provider GlobalMed has acquired TreatMD, a Miami, FL-based telehealth startup for an undisclosed sum. TreatMD first introduced the first International platform for Telemedicine referred to as an "On-demand Healthcare Platform" that also combines the management of office visits, in-home visits, insurance reimbursement, E-Prescribing, and mHealth devices and monitoring.Upon completion of the acquisition, GlobalMed plans to integrate TreatMD's platform with its existing
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