Digital health funding reached $6.5 billion over 306 digital health deals in the first half of 2017, according to the recent StartUp Health Insights Funding Rankings 2017 Midyear Report. The report reveals 2017 has already surpassed previous years in overall funding and the number of new and unique investors focused on digital health. In Q2 2017 digital health funding reach a total of $3.8B, which marks it as the biggest quarter for digital health funding ever.The Startup Health insights tracks
Read More
Dr. Patrick Soon-Shiong’s Nantworks Acquires Majority Stake in St. Vincent & 5 Other California Hospitals
Billion physician Dr. Patrick Soon-Shiong announced that his company NantWorks, LLC, has acquired a majority stake in Integrity Healthcare, LLC, Verity Health System’s management company. Verity Health is a nonprofit healthcare system employing more than 6,000 staff statewide. For Nantworks, acquiring a majority stake creates a unique opportunity for collaboration to make Verity Health a leader in innovative healthcare delivery, including personalized patient-centered healthcare solutions for
Read More
New AI Device for Diabetes Eye Screening to Complete FDA Clinical Trial
IDx, an early-stage medical device company focused on developing software-based algorithms that can identify disease in medical images is currently conducting an FDA clinical trial to obtain clearance for its first product, IDx-DR by the end of summer 2017. IDx-DR is a screening solution for diabetic retinopathy. IDx also has algorithms in development for the detection of macular degeneration, glaucoma, Alzheimer’s disease, cardiovascular disease, and stroke risk. “I’ve worked on this for so
Read More
University of California San Diego, Tempus Partner on Personalized Medicine Initiative
Tempus, a technology company focused on helping doctors personalize cancer care by collecting, sorting and analyzing clinical and molecular data, will provide Moores Cancer Center at UC San Diego Health with molecular sequencing, analysis and decision support tools to enable further research on immune checkpoint inhibitors across cancer types. Tempus provides molecular sequencing and clinical analytic solutions to top academic centers, hospital systems, associations, and healthcare
Read More
Arizona Care Network Taps par8o to Manage Referrals For Over 170k Patients
Arizona Care Network (ACN) is a physician-led, physician-governed clinically integrated network has announced a strategic partnership with referral management provider par8o. As part of the partnership, ACN’s primary care doctors will utilize par80’s cloud-based software platform to refer patients to ACN specialists who share their commitment to improving care and outcomes. par8o's Care Compass dashboard produces a selection of in-network specialists based on each patient's insurance among other
Read More
Nightingale Health Obtains CE Mark for Blood Analysis Platform
Finnish biomedical startup Nightingale Health has obtained CE marking for its blood biomarker analysis platform. The CE mark enables the clinical use of the analysis service and the analysed measures of creatinine and glucose in the EU region.Nightingale Health's blood biomarker analysis platform is based on NMR (Nuclear Magnetic Resonance) spectroscopy. It captures over 228 metabolic biomarkers from a single blood sample, transforming the possibility to understand molecular mechanisms and
Read More
Cleveland Clinic Lands $3.4M NIH Grant to Develop Prediction Tool for Epilepsy Surgery
Cleveland Clinic has been awarded a $3.4 million 5-year grant from The National Institutes of Health (NIH) to develop a prediction tool for individual outcomes in epilepsy surgery. Led by Lara Jehi, M.D., the project is five-year collaboration between the Cleveland Clinic Neurological Institute's Epilepsy Center and the Cleveland Clinic Lerner Research Institute's Quantitative Health Sciences team with Mayo Clinic and the University of Campinas.Epilepsy currently affects 3 million people in the
Read More
Fitango Health, Intersystems Partner to Develop Post-Acute Care Solutions
Fitango Health, an innovative provider of patient health management has partnered with Intersystem technologies to develop post-acute solutions for patients. Fitango Health has developed a Patient Health Management app, a post-discharge platform designed to improve recovery outcomes and reduce costs for providers and patients in the home setting.The platform enables patients to be guided through their recovery process through interactive action plans and supports a consistent connection to their
Read More
Survey: Less Than 1 in 4 Physicians Are Well Prepared to Meet MACRA Requirements
Fewer than one in four physicians involved in decision making related to quality reporting (QPP) were well prepared to meet MACRA requirements this year, according a joint report from KPMG and the American Medical Association. The KPMG/AMA report is based on a survey of 1,000 physicians about MACRA and their overall readiness to comply with the law that will change how many doctors get paid. What is MACRA?January 1, 2017 marked the beginning of the first performance year of the Quality Payment
Read More
PatientPoint Lands $140M to Expand Patient Education & Engagement Solutions
PatientPoint, a provider of patient and physician engagement solutions at the point of care has raised $140 million in funding from Searchlight Capital Partners and Silver Point Capital. The company plans to use the funding to expand the digital footprint of its point-of-care networks.PatientPoint programs provide engaging content through a host of delivery channels including digital waiting room screens in physician offices and hospitals and interactive touchscreens in the exam room. Unlike
Read More
