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Syed Hamza Sohail

IntelyCare Launches The IntelyHeart Foundation, Committing $2M to Support Healthcare Professionals

by Syed Hamza Sohail 09/28/2022 Leave a Comment

IntelyCare Launches The IntelyHeart Foundation, Committing $2M to Support Healthcare Professionals

What You Should Know: - IntelyCare, a healthcare workforce management platform in the United States, today announced the launch of The IntelyHeart Foundation, a charitable not-for-profit organization. - The IntelyHeart Foundation, with support from IntelyCare, will provide need-based grants to healthcare professionals who apply and meet established criteria. IntelyCare intends to commit up to $2 million over the next two years to fund grants to those who need short-term financial
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New athenahealth Research Finds that Telehealth Fills Care Gaps

by Syed Hamza Sohail 09/28/2022 Leave a Comment

$17B athenahealth PE Firm Buyout Deal Near Closing - Health M&A

What You Should Know: - Increased usage of telehealth, driven by COVID-19, not only remains substantially above pre-pandemic levels but has also emerged as both a key diagnostic tool and treatment vehicle, according to new research from athenahealth. - The findings, announced today by athenahealth, a leading provider of network-enabled software and services for medical groups and health systems nationwide, suggest that telehealth is now integrated across the care continuum. The findings
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Geneial Receives $2.3M NIH Grant for Decentralized Biomedical Data Platform

by Syed Hamza Sohail 09/22/2022 Leave a Comment

Geneial Receives $2.3M NIH Grant for Decentralized Biomedical Data Platform

What You Should Know: - Digital health company Geneial announces a $2.3M grant from the National Human Genome Research Institute to fund the development of their secure, decentralized platform. - Geneial will use $2.3M NIH award to build private, decentralized data platform facilitating research of genetic diseases. Geneial's platform will connect researchers of rare genetic diseases with relevant data while preserving patient privacy. Geneial's platform aims to help researchers leverage
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Assisted Polyp Detection Device Receives FDA Clearance

by Syed Hamza Sohail 09/22/2022 Leave a Comment

AI-Assisted Polyp Detection Device Receives FDA Clearance

What You Should Know: - Iterative Scopes, a pioneer in precision medicine technologies for gastroenterology, and Provation, the premier software and SaaS provider of clinical productivity and workflow automation solutions, announced recently that SKOUT™ has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for adults undergoing colorectal cancer screening or surveillance. - The device was evaluated in the largest U.S.-based multicenter clinical study for a
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Virtual Reality Therapy May Serve as Effective Adjunct To Anesthesia For Surgical Procedures

by Syed Hamza Sohail 09/21/2022 Leave a Comment

XRHealth Launches Virtual Reality Telehealth Clinic in Israel

What You Should Know: - The results of a clinical trial using software from XRHealth, developer and operator of virtual treatment rooms in the metaverse,  published in PLOS ONE demonstrated that virtual reality therapy may serve as an effective adjunct to anesthesia for surgical procedures. The trials were conducted with XRHealth’s immersive virtual reality software. - The results of the trial showed that the majority of patients (13/17) using the XRHealth VR technology did not need
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KLAS Report Explores EHR Satisfaction by Provider Specialty

by Syed Hamza Sohail 09/21/2022 Leave a Comment

KLAS Explores EHR Satisfaction by Provider Specialty

What You Should Know: - One of the ways organizations can target improvements for those who are less satisfied is to look at EHR satisfaction by specialty—there is currently a gap of about 30 points between the most satisfied specialty (hospital medicine) and the least satisfied specialty (ophthalmology). - The goal of this new report from the KLAS Arch Collaborative, "Exploring EHR Satisfaction by Provider Specialty," is to help readers understand this variation and learn some ways the
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Naveris Raises $51M for Early Detection of Viral-Driven Cancers

by Syed Hamza Sohail 09/21/2022 Leave a Comment

Naveris Raises $51M for Early Detection of Viral-Driven Cancers

What You Should Know: - Naveris, Inc., a commercial-stage life sciences company dedicated to improving patient care through earlier detection of viral-driven cancers, recently announced a $33.4M expansion of its Series A financing, bringing the total investment in Naveris to $51M. - The financing was led by Gurnet Point Capital, joined by TechU Ventures and BrightEdge, the impact and venture capital arm of the American Cancer Society. Using DNA Fragmentomics Technology to Detect
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BrightInsight & bioMérieux Partner to Develop Clinical Digital Solution for Diagnostics

by Syed Hamza Sohail 09/21/2022 Leave a Comment

BrightInsight & bioMérieux Partner to Develop Clinical Digital Solution for Diagnostics

What You Should Know: - BrightInsight, Inc., provider of the leading global platform for biopharma and medtech regulated digital health solutions and bioMérieux, a world leader in the field of in vitro diagnostics, announced today a partnership to develop and bring to market a Clinical Digital Solution for diagnostics enabling clinical decision support for disease areas across their diagnostic tests. - bioMérieux will launch a digital solution for diagnostics leveraging the compliant
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Pretzel Therapeutics Launches With $72.5M to Pioneer Mitochondrial Therapies

by Syed Hamza Sohail 09/20/2022 Leave a Comment

Pretzel Therapeutics Launches With $72.5M to Pioneer Mitochondrial Therapies

What You Should Know: - Pretzel Therapeutics, a biotechnology company harnessing the intricacies of mitochondrial biology to develop groundbreaking therapies, launched today with $72.5M in Series A financing to pioneer novel therapies to modulate mitochondrial function. - The financing was led by ARCH Venture Partners and Mubadala Capital with participating investors HealthCap, Cambridge Innovation Capital, Cambridge Enterprise, Angelini Ventures, GV, Invus, Eir Ventures, GU Ventures, and
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Eko Lands $2.7M NIH Grant to Train Pulmonary Hypertension AI

by Syed Hamza Sohail 09/20/2022 Leave a Comment

Eko Lands $2.2M NIH Grant to Train Pulmonary Hypertension AI

What You Should Know: - Eko, a digital health company applying machine learning in the fight against heart and lung disease, today announced that it was awarded a $2.7M Small Business Innovation Research (SBIR) Direct Phase II grant by the National Institutes of Health’s (NIH) Department of Health and Human Services (HHS). - The grant will fund the development of a machine learning algorithm that detects and stratifies pulmonary hypertension (PH) using phonocardiogram (PCG) and
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