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Syed Hamza Sohail

Remote Patient Monitoring: Providers Test Solutions in Rapidly Evolving Market

by Syed Hamza Sohail 06/05/2023 Leave a Comment

Remote Patient Monitoring: Providers Test Solutions in Rapidly Evolving Market

What You Should Know: Remote patient monitoring (RPM) has demonstrated promising outcomes†—including earlier intervention and reduced utilization, outcomes that are critical in value-based care arrangements. The options for RPM are rapidly evolving, with many factors for healthcare organizations to consider. Reimbursement is an ongoing question, with some healthcare organizations feeling they can’t rely solely on reimbursement from CPT codes.A new report by KLAS explores the customer
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Brazilian Health Insurance Company Sami Secures $18M

by Syed Hamza Sohail 06/01/2023 Leave a Comment

Brazilian Health Insurance Company Sami Secures $18M

What You Should Know: Sami, a health insurance startup that aims to revolutionize the Brazilian private health care system, today announced it raised $18 million USD in a Series B round led by Redpoint eventures and Mundi Ventures.Other investors participating in the round Endeavor Catalyst,Didi Digital Horizon and Tau Ventures, joining current investors monashees, Valor Capital, Kevin Efrusy (Accel), Ricardo Marino (Itaú), Mancora
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Hyro Secures $20M to Expand Generative/Conversational AI Platform

by Syed Hamza Sohail 05/31/2023 Leave a Comment

Hyro Secures $20M to Expand Generative/Conversational AI Platform

What You Should Know: Hyro, the leader in plug-and-play conversational artificial intelligence (AI), today announced that it has finalized a $20 million Series B funding round led by Macquarie Capital, with participation from Liberty Mutual Strategic Ventures, Black Opal Ventures, and existing and new investors, bringing the company’s total funding to $35 million.With this capital raise, Hyro will continue to meet the healthcare sector’s critical demand for conversational AI and automation,
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US Hospital EMR Market Share Growth Driven by Small Hospitals

by Syed Hamza Sohail 05/30/2023 Leave a Comment

US Hospital EMR Market Share Growth Driven by Small Hospitals

What You Should Know: EMR purchasing continued at a strong pace in 2022 and included a significant uptick in migrations and small-organization decisions. Improvements to clinician satisfaction, interoperability, and revenue cycle stability were the primary drivers.A new report by KLAS examines these and other trends in EMR purchases that occurred in the US from January–December 2022. Analyzing US Hospital EMR Market Share 2023 Key insights are explained as follows:  Oracle
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3 Ways Government Can Catalyze Biomedical Innovation

by Syed Hamza Sohail 05/30/2023 Leave a Comment

3 Ways Government Can Catalyze Biomedical Innovation

What You Should Know: Deloitte has published some new research about how government can advance biomedical innovation and improve public health.The report shares insights from various government leaders and biomedical industry experts on lessons learned from the COVID-19 pandemic, what’s driving innovation, the challenges and opportunities in partnerships, and the government’s role in sustaining the biomedical industry. Understanding How the Government Can Catalyze Biomedical
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UNC Health to Pilot Epic, Microsoft’s Generative AI Tool

by Syed Hamza Sohail 05/25/2023 Leave a Comment

UNC Health to Pilot Epic, Microsoft’s Generative AI Tool

What You Should Know: UNC Health will participate as early adopters of Generative AI (Artificial Intelligence) tools through a program with Epic. It will be one of the initial few healthcare systems nationwide to do so.Epic and Microsoft announced a partnership in April to develop and integrate Large Language Models into Epic’s software. Building Strong Foundational IT Systems “We are incredibly excited that UNC Health’s work to build strong foundational IT systems and our existing
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M&A: Florence Acquires Virtual Care Solution Zipnosis

by Syed Hamza Sohail 05/24/2023 Leave a Comment

M&A: Florence Acquires Virtual Care Solution Zipnosis

What You Should Know: Florence,  an innovator in healthcare enablement software, announced today its acquisition of Zipnosis, an asynchronous-first virtual care solution that creates efficiency for clinicians while making quality care more accessible and affordable for patients. Through this acquisition, Florence will broaden its product offerings with synchronous and asynchronous virtual care and further their mission to create a consumer-centric interface that
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RedDress Raises $26M to Use Patients Own Blood to Heal Wounds

by Syed Hamza Sohail 05/24/2023 Leave a Comment

RedDress Raises $26M to Use Patients Own Blood to Heal Wounds

What You Should Know: RedDress, a personalized and autologous wound management solution created from patients' own blood, today announced that it has raised a $26 million Series D round with participation from ATHOS Biopharma GmbH, and other life science investors including Investors Group of HCS Capital and the Ragnar Crossover Fund.The new proceeds will support the increased adoption of its product suite, the establishment of global partnerships, and the expansion of RedDress’ proprietary
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H1 Partners with Michael J. Fox Foundation on Parkinson’s Research

by Syed Hamza Sohail 05/24/2023 Leave a Comment

H1 Partners with Michael J. Fox Foundation on Parkinson’s Research

What You Should Know: H1, the connecting force for global healthcare provider, clinical, science, and research information, today announced the world's largest nonprofit funder of Parkinson's research, The Michael J. Fox Foundation (MJFF), has selected its Trial Landscape solution to improve and transform its education and research initiatives.With nearly one million people in the United States and over six million people worldwide affected by Parkinson's disease
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KLAS: Epic, MatrixCare, WellSky Leads Hospice Vendors

by Syed Hamza Sohail 05/22/2023 Leave a Comment

klas: Epic, MatrixCare, WellSky Leads Hospice Vendors

What You Should Know: Resource-strapped hospice leaders are looking for tools that alleviate clinician burnout by streamlining workflows and building additional point-of-care functionality. Slow vendor development on this front has led to an overall decline in customer satisfaction.A new KLAS report dives into how well hospice vendors meet provider organizations’ needs, including delivery of value, development progress, and support for when patients go through a transition of
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