Menlo Park, CA based venture capital firm Andreessen Horowitz is launching a new $200 million fund focused on funding companies software companies in the bio space led by Vijay Pande, the firm's first professor in residence from Stanford University, where he was a professor of chemistry, computer science, and structural biology.
The new software-focused bio fund will focus on investments in three emerging areas:
1. Digital health & therapeutics - digital therapeutics for chronic
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CVS Health Unveils New Digital Health Pharmacy Tools
Today, CVS Health is introducing a suite of new digital health pharmacy tools by CVS Health that will help customers manage their health with more ease and efficiency. Since the opening of the CVS Health Digital Innovation Lab in June, the company has been focused on developing digital services and personalized capabilities. The company is already seeing the impact of its digital strategy on other parts of the business in five short months.
Research Shows Digitally Engaged Patients have
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Consortium Unveils ‘Cookbook’ for Large-Scale Telehealth Deployments
A Philips-led consortium of leading companies, universities, hospitals and healthcare authorities has unveiled a 'cookbook' for large-scale deployment of coordinated care and telehealth. The cookbook is the result from a two-and-a-half year scientific evaluation of data from different connected health programs in five European regions. It provides new insights that apply across the EU on why certain telehealth programs are more successful than others.
Connected care is seen by many
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CareCloud: 6 Recent Trends Impacting Physician Practice Profitability
CareCloud, a provider of cloud-based software and services for medical groups, has announced the results of its annual Practice Profitability Index (PPI), one of the largest national efforts to study the operational health and profitability outlooks of U.S. medical practices. Leading the findings in the 2015 study is a mild upswing in projections for profitability among the more than 5,000 physicians surveyed.
The PPI was conceived as part of a partnership between CareCloud and QuantiaMD, an
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McKesson Ventures Invests in Home Care Platform ClearCare
Today, McKesson Ventures announced an undisclosed strategic investment in cloud-based home care platform ClearCare. The latest round of strategic funding follows an $11 million funding round in 2014, led by Bessemer Venture Partners (BVP), with participation from Cambia Health Solutions and existing investors Voyager Capital, Qualcomm Ventures and Harbor Pacific Capital. Prior to this strategic investment by McKesson Ventures, ClearCare raised $15.5 million.
As 90 percent of people over
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Nuance Adds Reporting, Advanced Lung Cancer Screening Registry to Radiology Solution
Today, Nuance announced it has added several new innovations to its PowerScribe 360 version 3.5 diagnostic imaging solution designed to help radiologists enhance patient care. These include multimedia reports, advanced lung cancer screening registry reporting and enhanced quality guidance content for radiologists at the point of interpretation.
Multimedia Reporting
Nuance PowerScribe 360 version 3.5 enables relevant PACS images to be embedded into reports for sharing of multimedia reports
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AMIA Urges CMS to Rethink Informatics Policies as New Models of Care Emerge
In comments submitted to the Centers for Medicare & Medicaid Services (CMS), the nation’s leading data scientists in healthcare urged federal officials to use new payment policies to reassess how providers are required to use informatics tools, and rethink how quality is measured in a digital world. Officials from the American Medical Informatics Association (AMIA) said new and novel ways to deliver care will rely on dynamic uses of information technology (IT) and other informatics tools, so
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UCSF, Voalte Partner to Develop Social-based Clinical Communication Platform
Sarasota, FL-based healthcare communication company, Voalte is partnering with the Center for Digital Health Innovation (CDHI) at University of California, San Francisco (UCSF) in 2016 to develop Voalte Story, a product based on CareWeb, a clinician facing interactive patient wall that caregivers may access to post and link texts or alarms to a specific patient.
Built upon Voalte Platform, the company’s new communication solution, Voalte Story utilizes “enterprise social-based communication”
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4 Reasons Why Fossil Acquired Misfit for $260M
On Thursday, watch maker giant Fossil Group, Inc. entered into a definitive agreement to acquire wearable technology company Misfit, Inc.for $260 million. The purchase price, which includes transaction costs, will be funded through a combination of cash on hand and bank debt.
Fossil Group expects the acquisition to close before the end of fiscal 2015, subject to customary closing conditions and regulatory approval. Misfit founder and CEO Sonny Vu will now serve as president and chief
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Practice Fusion Appoints Tom Langan as Permanent CEO
Practice Fusion, the cloud-based EHR platform has appointed Tom Langan as its permanent Chief Executive Officer. Langan has been interim CEO of Practice Fusion since August of this year, replacing Ryan Howard who assumed the position of Chairman of the Board. This also follows Langan’s appointment as a member of Practice Fusion’s Board of Directors in September of this year, a role which he will continue to fill following his appointment as permanent CEO.
“Practice Fusion has been a
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