What You Should Know:
- General Catalyst (GC), a global venture capital firm, has announced a significant milestone with the raise of $8B in new capital consisting of $6B for GC’s latest fund - Fund XII - and $2B in separately managed accounts)..
- The substantial investment will accelerate GC's mission to advance health assurance and drive transformative innovations across various sectors, including AI, healthcare, and global resilience.
$750M Allocated to Health Assurance
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Digital Health | News, Analysis, Insights - HIT Consultant
Abbott Launches Clinical Trial to Optimize Heart Failure Treatment with AI-Powered Monitoring
What You Should Know:
- Abbott, a global healthcare leader, has announced a new clinical trial, TEAM-HF, designed to improve outcomes for patients with worsening heart failure.
- The first-of-its-kind trial will leverage AI and Abbott's CardioMEMS™ HF System to identify patients who may benefit from earlier intervention with advanced therapies, such as a HeartMate 3™ left ventricular assist device (LVAD).
Addressing the Challenges of Advanced Heart Failure
Heart
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Dyania Health Secures $10M for AI-Powered Chart Review
What You Should Know:
- Dyania Health, an AI-powered healthcare data company, today announced the close of its $10 million Series A funding round led by HealthX Ventures with Tech Square Ventures and Cleveland Clinic Ventures, along with significant participation from existing investors.
- Dyania’s Series A is driven by the growing demand for innovative solutions that address inefficiencies in healthcare data management and clinical research, positioning Dyania Health as a leader in
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Counsel Health Launches with $11M to Deliver Physician-Led, AI-Powered Medical Advice
What You Should Know:
- Counsel Health announces $11M in Seed funding led by Andreessen Horowitz (a16z) Bio + Health, with participation from Asymmetric Capital Partners, Floodgate Fund and Pear VC.
- The funding will support Counsel's national expansion and coverage extension to millions more members.
Counsel: Revolutionizing Access to Healthcare Through Asynchronous Medicine
The U.S. healthcare system faces a significant access-to-care crisis, with 60 million Americans experiencing
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Philips, Medtronic Neurovascular Partner to Advocate for Improved Stroke Care
What You Should Know:
- Philips and Medtronic Neurovascular, an innovator in neurovascular therapies, have announced a strategic partnership to advocate for improved stroke care worldwide.
- Recognizing the critical need for timely diagnosis and treatment of stroke, the two companies are joining forces to raise awareness, improve access to care, and leverage technology to enhance stroke outcomes.
The Global Burden of Stroke
Stroke is a leading cause of disability and
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mPATH Health Secures $3M to Enhance Cancer Screening and Equity
What You Should Know:
- mPATH® Health, a digital health company dedicated to improving cancer screening, is thrilled to announce the successful closure of $3 million in funding, which will accelerate the company's mission to enhance cancer prevention and improve health equity.
- This funding includes a $2 million Small Business Technology Grant from the National Cancer Institute (NCI) and a $1 million equity investment led by Oncology Ventures, an oncology-focused venture capital
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Report: The State of AI During the Great Burnout in Healthcare
What You Should Know:
- Innovaccer Inc., a healthcare AI company, has released a new research report, "The State of AI During the Great Burnout in Healthcare," shedding light on the increasing role of AI in addressing the challenges faced by healthcare professionals.
- The report, based on a survey of 568 healthcare professionals, reveals that AI is being embraced as a crucial tool for reducing administrative burden, improving operational efficiency, and mitigating clinician
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HCA Healthcare, Commure to Deploy Ambient AI Platform Across Enterprise
What You Should Know:
- HCA Healthcare, one of the nation's largest healthcare providers has selected Commure to develop and deploy an ambient AI platform across its vast network of healthcare professionals.
- By automating clinical documentation and streamlining workflows, this innovative platform has the potential to transform healthcare delivery and improve patient outcomes across HCA Healthcare's vast network of facilities.
Transforming Healthcare Through
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Children’s National Hospital Awarded $8M to Advance AlgometRx Nociometer
What You Should Know:
- Children's National Hospital has received a $8M award from the Advanced Research Projects Agency for Health (ARPA-H) to further develop the AlgometRx Nociometer, a device designed to objectively measure pain.
- Led by Dr. Julia Finkel, a pediatric anesthesiologist at Children's National, aims to transform pain management and address the unmet needs of patients, particularly women, who often experience disparities in pain assessment and
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The Rise of AI in Telemedicine: Enhancing Efficiency and Accessibility
One of the silver linings of the COVID-19 pandemic was the rise of telemedicine. The constraints imposed by the pandemic sparked a lasting trend of patients willing and able to seek healthcare solutions virtually. Since the pandemic, the rise of AI and its integration with telemedicine and digital health has seen significant investment growth, leading to enhanced patient care and reduced operation costs for healthcare providers and systems.
The global AI market in healthcare was
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