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Syed Hamza Sohail

Paradigm Launches with $203M to Improve Clinical Research Access

by Syed Hamza Sohail 01/27/2023 Leave a Comment

Paradigm Launches with $203M to Improve Clinical Research Access

What You Should Know: - Paradigm, a healthcare technology company focused on improving access to clinical research for patients, launched with $203 million in Series A funding. - Conceived by ARCH Venture Partners, and co-incubated by ARCH and General Catalyst, Paradigm is rebuilding the clinical research ecosystem by creating a technology-forward clinical trial platform that enables equitable access for all patients by enhancing trial efficiency and reducing the barriers to participation
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Pearl Health Raises $75M to Expand Value-Based Care Innovation

by Syed Hamza Sohail 01/26/2023 Leave a Comment

Pearl Health Raises $55M to Expand Value-Based Care Innovation

What You Should Know: - Pearl Health, a leading technology company focused on physician enablement and risk-bearing in value-based care, today announced that it has raised $75M in its oversubscribed Series B funding round, led by Andreessen Horowitz’s Growth Fund and Viking Global Investors, with participation by AlleyCorp, SV Angel’s Growth Fund, and other leading investors. This round brings Pearl’s total funding to date to more than $80M. Value-Based Care Innovation for
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Study: AI-Guided Solution Improves MRI Scan Times & Adoption Rates

by Syed Hamza Sohail 01/26/2023 Leave a Comment

Study: AI-Guided Solution Improves MRI Scan Times & Adoption Rates

What You Should Know: - Vista.ai, a pioneer and leader in automated MRI solutions, today announced results from a clinical adaptation study on the company’s One Click MRI™ software, led by Dr. Raymond Kwong, Director, Cardiac Magnetic Resonance Imaging for Harvard-affiliated Brigham and Women's Hospital. - The findings show that Vista.ai’s AI-guided image acquisition software improves cardiac MRI (CMR) scan times and achieves high adoption rates by hospital imaging staff. Clinical
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Study: Increased Transparency Between Payers and Providers at the Point-of-Care Improves Risk Capture and Quality Measures

by Syed Hamza Sohail 01/25/2023 Leave a Comment

Study: Increased Transparency Between Payers and Providers at the Point-of-Care Improves Risk Capture and Quality Measures

What You Should Know: - IllumiCare, a pioneer in point-of-care healthcare information technology, today released a new report detailing how increased data transparency between health plans and providers on care and coding gaps results in higher compliance, process improvement, and positive behavior changes among network providers.  - The report demonstrates, across multiple plans, that placing previously unavailable yet actionable information on quality gaps, HCC (Hierarchical
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Health Gorilla Launches Pharmacy Data, Powered by DrFirst

by Syed Hamza Sohail 01/25/2023 Leave a Comment

Health Gorilla Launches Pharmacy Data, Powered by DrFirst

What You Should Know: - Health Gorilla, a Health Information Network (HIN) and leading interoperability platform launches Pharmacy Data, a new product enabling seamless access to complete medication history data from most major pharmacies. - Pharmacy Data is powered by a new partnership with DrFirst and its MedHx Population Risk Management (PRM) solution to provide deduplicated medication history from local and national data sources, including prescribing data, pharmacy
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60% of Consumers Lack Immediate Access to Their Medical Records

by Syed Hamza Sohail 01/25/2023 Leave a Comment

What You Should Know: - Carta Healthcare®, a pioneer in harnessing the power of clinical data, have announced the results of a survey regarding patient healthcare data access in the United States. - The results reveal that 60% of consumers don’t have immediate access to their medical records, and another 17% don’t know if they do. Furthermore, 66% of respondents indicate they don’t know where their data goes after they leave their healthcare provider’s office. Insights regarding data
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Healthcare Profit Pools to Reach $790B by 2026, Report Reveals

by Syed Hamza Sohail 01/24/2023 Leave a Comment

Healthcare Profit Pools to Reach $790B by 2026, Report Reveals

What You Should Know: - Healthcare profit pools are expected to grow 4 percent annually resulting from $654 billion in 2021 to $790 billion in 2026, according to a new McKinsey report. - The report reveals inflation is not transitory and the economic outlook has meaningfully darkened due to a healthcare worker shortage and endemic COVID-19.   What to expect in US healthcare in 2023 and beyond The US healthcare industry faces demanding conditions in 2023, including
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How Will The Inflation Reduction Act Impact Healthcare in 2023? 6 Trends to Know

by Syed Hamza Sohail 01/23/2023 Leave a Comment

How Will The Inflation Reduction Act Impact Healthcare in 2023? 6 Trends to Know

What You Should Know: - As the world prepares for the Inflation Reduction Act’s landmark policy changes, healthcare stakeholders realize that its wide-ranging effects will require new approaches to drug pricing, health plan design, and investment. - Avalere’s ‘2023 Healthcare Industry Outlook’ examines how community-wide healthcare will be affected by a recent court ruling, and consider data’s role in addressing health disparities. Key Trends in Healthcare in 2023 The main insights
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AI Mental Health Chatbot Predicts Disorders with 93% Accuracy

by Syed Hamza Sohail 01/23/2023 Leave a Comment

AI Mental Health Chatbot Diagnoses Disorders with 93% Accuracy

What You Should Know: - London-headquartered digital health startup, Limbic, has announced that its psychological assessment tool, Limbic Access, has achieved Class IIa UKCA medical device certification – making it the first and only AI mental health chatbot in the world to earn this status for its clinical effectiveness, safety and risk management. - The certification confirms that its mental health e-triage chatbot, which is able to predict mental health disorders with an accuracy rate
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Intermountain and Story Health Partner on Specialty Care for Patients with Heart Failure

by Syed Hamza Sohail 01/19/2023 Leave a Comment

Intermountain and Story Health Partner on Specialty Care for Patients with Heart Failure

What Should Know: - Intermountain Healthcare and Story Health, a health technology and services company that provides scalable specialty care beyond the clinic, have entered into a strategic partnership to improve access to specialty care for patients with heart failure. - The partnership combines Intermountain's leadership in clinical quality improvement and excellence in healthcare delivery with Story Health's specialty care platform solution to extend access to the high-quality heart
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