What You Should Know:
- Senseonics Holdings, a medical technology company specializing in implantable continuous glucose monitoring (CGM) systems, has announced a Memorandum of Understanding (MOU) with Ascensia Diabetes Care to transition all global commercialization and distribution of its Eversense 365 and future products to Senseonics. Since 2020, Ascensia, a member of PHC Group, has held the exclusive worldwide distribution rights for Eversense products.
This strategic move is
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Digital Health | News, Analysis, Insights - HIT Consultant
NewDays Secures $7M to Expand AI-Powered Cognitive Health Program to Texas
What You Should Know:
- NewDays, a company offering a science-backed cognitive health treatment program, has announced an oversubscribed $7M seed funding round from General Catalyst and Madrona.
- The company is also expanding its services to Texas, following a successful pilot phase in California, Washington, and Florida. The expansion aims to address the significant challenge of cognitive impairment in the U.S., where 1 in 3 people over the age of 65 have a serious cognitive
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ArcaScience Raises $7M to Advance AI-Powered Drug Benefit-Risk Evaluation
What You Should Know:
- ArcaScience, a Paris, France-based AI Healthtech startup, has announced a $7M seed funding round led by The Moon Venture, with participation from Pléiade Venture, Plug&Play Ventures, Bpifrance, and AKKA Technologies. This marks the company's first institutional funding round, following a €1.3 million pre-seed raise.
- The new funds will be used to expand operations in the U.S. and U.K., launch the company’s first patient-facing solution, and strategically
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WellSpan Health and General Catalyst Partner to Transform Healthcare Delivery
What You Should Know:
- WellSpan Health and General Catalyst’s Health Assurance Transformation Company (HATCo) have announced an expanded collaboration.
- The new initiative builds on a strategic partnership that began in 2023, with WellSpan Health becoming the first Transformation Partner to HATCo. The two organizations will work together to modernize and transform healthcare delivery through the development of new AI technologies.
Targeting Three Critical Areas of
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Medable Launches Agent Studio, the First Agentic AI Platform for Life Sciences
What You Should Know:
- Medable, a technology provider for clinical development, has launched Agent Studio, which it calls the industry's first agentic AI platform purpose-built for life sciences.
- Agent Studio is a no-code agent-builder that allows clinical teams to quickly custom-configure AI agents. Medable also introduced CRA Agent, a pre-built agent designed for clinical trial monitoring that runs on the Agent Studio platform. Both Agent Studio and CRA Agent are intended
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PurpleLab Acquires KAID Health to Create AI-Powered Healthcare Intelligence Platform
What You Should Know:
- PurpleLab, a healthcare analytics company, has acquired KAID Health, an AI-powered clinical analytics and care management company. Financial details of the acquisition were not disclosed.
- The acquisition combines PurpleLab’s large-scale structured claims data with KAID Health’s artificial intelligence (AI) and natural language processing (NLP) technology. This creates a more complete view of patient journeys across both structured and unstructured data
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Meroka Launches With $6M to Fight Healthcare Corporate Consolidation with Employee-Owned Practices
What You Should Know:
- Meroka, a company focused on restoring humanity in healthcare, has publicly launched with a $6M in seed funding round led by Better Tomorrow Ventures and Slow Ventures, with participation from 8VC and other investors.
- Meroka's unique approach combines an employee ownership model with technology that reduces the administrative burden of running a practice. The company's mission is to help independent care teams focus on what they do best: caring for
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Philips SpeechLive Partners with Corti to Integrate Ambient AI for Clinical Documentation
What You Should Know:
- Speech Processing Solutions (SPS), the global leader behind Philips SpeechLive, has announced a strategic partnership with Corti, an AI infrastructure company for healthcare.
- The partnership will introduce ambient clinical documentation directly into the SpeechLive platform. By integrating Corti's real-time medical reasoning engine, the SpeechLive AI Assistant will transform the dictation platform into a "fully AI-powered documentation ecosystem".
Transforming
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Evernorth Health Services Invests $3.5B in Shields Health Solutions
What You Should Know:
- Evernorth Health Services, a subsidiary of The Cigna Group, has announced a $3.5B investment in Shields Health Solutions, a specialty pharmacy management company.
- The investment coincides with Shields' establishment as a private standalone company following its acquisition by Sycamore Partners, a private equity firm.
- Evernorth's investment is in the form of preferred stock and is not expected to have a material impact on The
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Predoc Raises $30M to Launch AI-Native Platform for Health Information Management
What You Should Know:
- Predoc, a new AI-native platform for Health Information Management secures $30M in Series A and seed funding led by Base10 Partners, with additional participation from Northzone, ENIAC Ventures, and Entrepreneurs Roundtable Accelerator (ERA). The seed funding also included angel investments from founders of notable healthcare companies like Flatiron Health and Datavant.
- Founded by Nishant Hari, Dr. Kaushal Kulkarni, Dr. Priya Mehta, and Alex Daniels, Predoc
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