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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Unite Us Partners with Healthix and Regional Social Care Networks
What You Should Know:
Today Unite Us, a leading software company enabling cross-sector collaboration to improve people's health and well-being, announced a partnership with Healthix, the largest public health information exchange (HIE) in the nation serving New York City and Long Island.Healthix and Unite Us will provide technology to enable communication between healthcare systems and social care networks. Together, they aim to address social drives of health such as food, housing,
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Accenture Federal Services Wins $98M Defense Health Agency Contract
What You Should Know:
Accenture Federal Services was awarded a $98 million Defense Health Agency contract to operate and enhance the Joint Medical Common Operating Picture (MedCOP), which provides medical command and control situational awareness for the DoD, combatant commands and the military services.The specific capabilities and services Accenture Federal Services will deliver include cloud, cybersecurity, DevSecOps, agile software development, field service engineering, user
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Nearly 60% of Healthcare Providers Experienced a Data Breach Since 2021
What You Should Know:
Nearly 60% of healthcare providers experienced one or more security breaches and 45% experienced a data breach from an outside source or distributed denial-of-service since 2021, according to a new report from SOTI. The annual report, The Technology Lifeline: Charting Digital Progress in Healthcare explores the evolving landscape of healthcare technology adoption, its impact on patient satisfaction and the top security risks that every IT leader should
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Abbott Receives FDA Approval for World’s First Dual Chamber Leadless Pacemaker
What You Should Know:
The U.S. Food and Drug Administration (FDA) approves Abbott’s AVEIR™ dual chamber (DR) leadless pacemaker system, the world's first dual chamber leadless pacing system that treats people with abnormal or slow heart rhythms.Abbott’s breakthrough technology enables the world's first beat-to-beat, wireless communication and synchronization between two leadless pacemakers, which are smaller than a AAA batteryLeadless pacemakers provide a new minimally invasive option
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FemTech: Oova Launches New Fertility Membership Model
What You Should Know:
Femtech solutions company OOVA launches its brand NEW fertility membership model designed to support and empower women by providing advanced at-home hormone testing and full-circle assistance along their fertility journey with unmatched ease, for only $99/mo. OOVA, the first and only OTC hormone test that quantitatively measures two essential hormones in a single, at-home urine test, provides women with insights into their ovulation patterns to increase the
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Virgin Pulse, Headspace Tackle Employee Mental Health for Health Plans
What You Should Know:
Virgin Pulse and Headspace expand their relationship to make it easier for employers and health plans to provide high-quality, affordable mental health resources.Organizations using the Virgin Pulse health and wellbeing platform have access to the full suite of Headspace offerings as part of Virgin Pulse’s partner ecosystem, including behavioral health coaching, therapy, psychiatry, and EAP services. Also, Virgin Pulse will provide Headspace offerings to its
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Hospitals’ Financial Performance Fails to Reach Pre-Pandemic Levels
What You Should Know:
Hospital finances showed signs of stabilizing in May, amid slightly improving operating margins, declining expenses and notable increases in outpatient visits, according to the latest National Hospital Flash Report from Kaufman Hall.
The National Hospital Flash Report draws on data from more than 1,300 hospitals from Syntellis Performance Solutions.
Analysis Shows Slow Increases in Margins
Key findings of the report include:
The median
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