What You Should Know:
- Competition in the provider IT space shows no signs of abating: Early-stage capital, big tech, and scale EMR players continue crowding into more segments. This has significant implications for providers as they transition into a new disruptive period, for software players as they fine-tune go-to-market models for the current environment, and for private equity investors as they look to invest behind winning themes.
- A new report by KLAS Research and Bain &
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Bain Capital PE Makes Strategic Investment in CitiusTech
What You Should Know:
- CitiusTech, a leading provider of technology and consulting services to healthcare and life sciences companies, today announced a strategic growth investment from Bain Capital Private Equity (“Bain Capital”).
- Bain Capital joins Baring Private Equity Asia (“BPEA”), which acquired a majority stake in CitiusTech in 2019, as a significant shareholder to accelerate the Company’s growth. Financial terms of the private transaction were not disclosed.
Technology-Driven
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Mayo Clinic Proceedings Launches Expansion Journal Focused on Digital Health
What You Should Know:
- Mayo Clinic will launch a new Mayo Clinic Proceedings expansion journal on digital health, with the first issue to be published in early 2023. Articles will be published ahead of issue as they are accepted.
- The journal, Mayo Clinic Proceedings: Digital Health, will focus on the digital transformation that is reshaping healthcare. It will join Mayo Clinic Proceedings: Innovations, Quality & Outcomes, an open-access journal edited by Taimur
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Deloitte Report: State of AI & Adoption in Healthcare
What You Should Know:
- To provide valuable industry insight, Deloitte has released its State of AI 5th edition research report, which surveys global business leaders and executives on how businesses and industries are deploying and scaling AI.
- The report includes valuable insights into the healthcare sector’s current successes in deploying AI, including where companies are working to enhance processes around a patient’s journey.
Fuelling the AI Transformation: Four Key Actions
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Violet Reveals 3x Patient Retention Rate After Clinicians Use First-Ever Cultural Competence Framework
What You Should Know:
- Violet, the first-ever cultural competence credentialing, upskilling, and care coordination platform for clinicians, released today a new clinical research report showing the validity of a framework for standardizing and measuring cultural competence in clinicians.
- The framework was piloted with payors and providers, and garnered a 90% retention rate over industry standards of care. Developed by two academic researchers at Violet, the report explains the need
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SURGE Therapeutics Raises $26M to Accelerate Intraoperative Immunotherapy
What You Should Know:
- SURGE Therapeutics (SURGE) recently announced the completion of a $26 million Series A financing led by Camford Capital, with participation from Khosla Ventures, Intuitive Ventures, Pitango HealthTech, 8VC, Alumni Ventures, and the Cancer Research Institute.
- The funds will be used to accelerate the development of the SURGE™ intraoperative immunotherapy approach, expand the team, and initiate clinical trials for its injectable biodegradable hydrogel.
Using
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VisualDx Partners with ACEP to Build Library of Monkeypox Images
What You Should Know:
- Ahead of the American College of Emergency Physicians (ACEP) Scientific Assembly, VisualDx has announced a collaboration with ACEP to create the Monkeypox Emergency Medicine Project, a physician-sourced collection of monkeypox images. By offering access to images of varying disease presentations on real patients, VisualDx and ACEP are helping to further educate and prepare emergency physicians to test, diagnose, and treat the emergent disease.
- Images in the
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Minimizing Hospital Infections with Airflow Tech
What You Should Know:
- Phoenix Controls, a leader in precision airflow control solutions for critical environments, announced today it is working with SLD Technology, a manufacturer of fully integrated modular ceiling systems for healthcare facilities, to help create a stable zone of asepsis in operating suites through enhanced environmental controlled airflow.
- The enhanced environmentally controlled solution can help manage hospital-acquired infections (HAI) and further supports the
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Eyenuk Raises $26M for AI-Powered Eye Screening & Predictive Biomarkers
What You Should Know:
- Eyenuk, Inc., a global artificial intelligence (AI) digital health company and the leader in real-world applications for AI Eye Screening™ and AI Predictive Biomarkers™, today announced it has secured $26 million in a Series A financing round, bringing the Company’s total funding to over $43 million.
- The capital raise was led by AXA IM Alts and was joined by new and existing investors including T&W Medical A/S, A&C Foelsgaard Alternativer ApS, Kendall
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Philips Expands ClarifEye AR Surgical Navigation in Japan
What You Should Know:
- Royal Philips, a global leader in health technology, recently announced the expanded rollout of its augmented reality (AR) surgical navigation solution - ClarifEye - to Japan, highlighting positive results in the first patients treated by the International University of Health and Welfare, Mita Hospital using this innovative 3D AR solution.
- Installed on a Philips interventional X-ray system in a hybrid operating room at Mita Hospital, ClarifEye helped the
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