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Syed Hamza Sohail

PE Firm Invests in Pyx Health

by Syed Hamza Sohail 07/20/2023 Leave a Comment

PE Firm Invests in Pyx Health

What You Should Know: Pyx Health, a tech-enabled services company that provides health plans and their members an innovative, scalable solution that uniquely reduces loneliness and social isolation, today announced a majority growth investment fromTT Capital Partners (TTCP).The company’s innovative app-based technology, paired with timely human interventions, improves patient and member outcomes in vulnerable populations, reduces financial burdens on the health care system, and promotes
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Lifebit Partners with Latin American Innovators to Assist Genomic Diversity

by Syed Hamza Sohail 07/19/2023 Leave a Comment

Lifebit Partners with Latin American Innovators to Assist Genomic Diversity

What You Should Know: London-based precision medicine software provider Lifebit has agreed partnerships with two innovative population genomic initiatives in Mexico and Brazil to help diversify genomic research and reduce health inequality in Latin America.​​The use of Lifebit’s federated technology will allow researchers around the world to connect with and securely access the valuable and sensitive genomic data held by gen-t (headquartered in Sao Paolo) and Omica.bio (based in
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UMC Health System Deploys AI-Based Gun Detection to Deter and Mitigate Gun-Related Violence

by Syed Hamza Sohail 07/19/2023 Leave a Comment

UMC Health System Deploys AI-Based Gun Detection to Deter and Mitigate Gun-Related Violence

What You Should Know: ZeroEyes, the creators of the only AI-based gun detection video analytics platform that holds the US Department of Homeland Security SAFETY Act Designation, and UMC Health System today announced the deployment of ZeroEyes’ software to protect the facility’s patients, employees and visitors against gun-related violence.  With gun-related workplace violence rising in the US, hospitals face new security challenges. Healthcare workers, who served and
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NeuroFlow Acquires Behavioral Health Tech Firm Capital Solution Design

by Syed Hamza Sohail 07/18/2023 Leave a Comment

NeuroFlow Acquires Behavioral Health Tech Firm Capital Solution Design

What You Should Know: NeuroFlow, the leading provider of behavioral health technology infrastructure, today announced that it has acquired Capital Solution Design (CSD), parent company to Behavioral Health Lab (BHL) and BHL Touch, a leading provider of measurement-based care solutions for the U.S. Department of Veterans Affairs (VA) and other healthcare organizations.The acquisition makes CSD a wholly-owned subsidiary, bringing BHL and BHL Touch and the company’s talent to
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NextGen to Pay $31M Settlement for False Claims Act Allegations

by Syed Hamza Sohail 07/14/2023 Leave a Comment

NextGen to Pay $31M Settlement for False Claims Act Allegations

What You Should Know:  EHR vendor NextGen Healthcare has agreed to pay $31M to settle allegations that NextGen violated the False Claims Act (FCA) by misrepresenting the capabilities of certain versions of its EHR software and providing unlawful remuneration to its users to induce them to recommend NextGen’s software. The civil settlement includes the resolution of claims brought under the qui tam or whistleblower provisions of the False Claims Act by Toby Markowitz and Elizabeth
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Digital Health Apps Can Legally Sell Your Health Data

by Syed Hamza Sohail 07/12/2023 Leave a Comment

Digital Health Apps Can Legally Sell Your Health Data

What You Should Know: ClearDATA®, the first and most comprehensive provider of healthcare-specific managed cloud, compliance and defense services, recently announced the results of its Digital Health and Data Privacy Survey.The survey, conducted online by The Harris Poll on behalf of ClearDATA, polled over 2,000 U.S. adults aged 18 and older, revealing the relationship Americans have with digital health services, including their digital care preferences and how concerned they are about health
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French FemTech Startup Sonio Raises $14M for Augmented Prenatal Ultrasounds

by Syed Hamza Sohail 07/11/2023 Leave a Comment

French FemTech Startup Sonio Raises $14M for Augmented Prenatal Ultrasounds

What You Should Know: Sonio, a French medtech specializing in pregnant people and children's health raises $14M following the initial commitment of the EIC Fund (European Innovation Council) last December. This round is led by Cross Border Impact Ventures, a North American impact fund dedicated to the health of women and children, and the Elaia funds, French Tech Seed managed on behalf of the State by Bpifrance in the framework of France 2030, OneRagtime, as well as business angels very
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Digital Health Funding Reaches $6.1B in First Half of 2023

by Syed Hamza Sohail 07/10/2023 Leave a Comment

Digital Health Funding Reaches $6.1B in First Half of 2023

What You Should Know: Digital health funding in H1 2023 shows fewer deals, lower check sizes, and a smaller cohort of sector investors, according to the latest Rock Health report. Founders, investors, and healthcare innovators are adjusting to the new status quo, with some startups pursuing unlabelled raises, seasoned investors looking for the next big startups, and companies making decisions to sunset their businesses while their assets may continue as acquisitions or relaunched
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UPMC Researchers Create Algorithm that Accurately Identifies High-Risk Surgical Patients

by Syed Hamza Sohail 07/10/2023 Leave a Comment

UPMC Researchers Create Algorithm that Accurately Identifies High-Risk Surgical Patients

What You Should Know: Researchers and physicians at the University of Pittsburgh and UPMC used machine learning to create and deploy an accurate and flexible model for predicting patients at high-risk for complications after surgery, according to a new study published recently in JAMA Network Open.Before the COVID-19 pandemic, the third leading cause of death globally was complications 30 days after surgery, killing about 4.2 million people each year. Identifying patients who are at
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RCM: Average Length of Clinical Notes Continues to Increase

by Syed Hamza Sohail 07/07/2023 Leave a Comment

RCM: Average Length of Clinical Notes Continues to Increase

What You Should Know: In 2021, the Centers for Medicare and Medicaid Services (CMS) implemented changes to evaluation and management (E/M) CPT billing codes aimed to reduce the administrative documentation burden on providers.Epic Research just came out with a new study that shows the average length of clinical notes has continued to increase over the last three years. Understanding Why Clinical Notes Remain ‘Bloated’ The study evaluated 1.7 billion clinical notes written by 166,318
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