Fifth Eye, a medical device software spinoff from the University of Michigan building clinical early warning patient deterioration system for hospitals has raised $11.5 million in Series A funding led by Arboretum Ventures and Cultivation Capital. Other participants in the round include were MINTS, the direct investing arm of the University of Michigan’s endowment, along with additional capital from previous investors Invest Michigan and 35 private angel investors.Why Clinicians Need A Better
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Digital Health | News, Analysis, Insights - HIT Consultant
Analysis: How Digital Health Solutions Are Disrupting Care Delivery in Hospitals
Rainer Herzog, Vice President at Research2GuidanceNew stakeholders are entering the hospital arena, contesting the hospitals’ traditional role and freedom to provide care to the community. The newcomers’ focus is on digital care delivery processes and on a digitally enabled patient experience. Hospitals will have to start now to prepare their organizations for the coming change. Creating digital partner ecosystems is one prominent way to approach this task. Hospital stays can be frightening,
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CMS Launches $1.65M Artificial Intelligence Health Outcomes Challenge
This week, the Centers for Medicare & Medicaid Services (CMS) announced the launch of their first-ever Artificial Intelligence Health Outcomes Challenge. The three-stage competition accelerates artificial intelligence (AI) solutions to better predict health outcomes such as unplanned hospital and skilled nursing facility admissions and adverse events for potential use by the Innovation Center in testing innovative payment and service delivery models under the authority of section 1115A of
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Mount Sinai Launches Institute for Digital Health to Improve Health Outcomes
The Mount Sinai Health System (MSHS) and the Hasso Plattner Institute (HPI) are teaming up to launch the Hasso Plattner Institute for Digital Health at Mount Sinai with the goal to develop digital health products with real-time predictive and preventive capabilities that empower patients and health care providers and improve health and health outcomes. Together, the new institute brings together industry leaders with combined expertise in health care delivery, health sciences, biomedical and
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Biolinq Lands $4.75M to Expand Biosensor Patch for Continuous Glucose Monitoring
Biolinq, a San Diego, CA-based digital health company developing a minimally-invasive electrochemical biosensor patch for continuous glucose monitoring (CGM) has raised $4.75 million in Series A funding led by the JDRF T1D Fund, Aphelion Capital and LifeSci Venture Partners. Existing investors in the round include M Ventures and Hikma Ventures, the corporate venture capital arm of Hikma Pharmaceuticals. The latest round brings Biolinq’s total Series A funding to $15 million.Inception of
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Life Image, swyMed Integrate to Enhance Telestroke Capabilities at Rural Hospitals
Life Image, a global network for sharing clinical and imaging data, and swyMed, a leading telemedicine provider are teaming up to enhance telestroke capabilities. Life Image’s interoperable solution, which integrates into existing workflows, orchestrates the flow of more than 10 million clinical encounters per month.Challenges with Acute Stroke TreatmentThere are several access-related challenges associated with acute stroke treatment, which are further compounded by the fact that diagnosis and
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DarioHealth Integrates Blood Glucose Data with Glytec’s Outpatient Insulin Management Solution
DarioHealth Corp., a blood glucose monitoring system has announced a joint marketing agreement with Glytec, a provider of insulin titration solutions. As part of the partnership, Dario Blood Glucose Monitoring System is now available to hospitals and health systems using Glytec’s virtual insulin titration service for outpatients with diabetes.Integration Details & BenefitsBlood glucose data from the Dario Blood Glucose Monitoring System automatically sent to the Cloud in real-time, will be
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UPS Will Use Drones to Deliver Medical Samples in North Carolina: 5 Things to Know
UPS Partners With Matternet To Transport Medical Samples Via Drone Across Hospital System In Raleigh, N.C.
UPS has announced a landmark new logistics service to deliver medical samples via unmanned medical drones through a collaboration with autonomous drone technology provider Matternet. The medical drone program will take place at WakeMed’s flagship hospital and campus in the Raleigh, N.C., metropolitan area, with oversight by the Federal Aviation Administration and North Carolina Department
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Guardant Health to Acquire Cancer Diagnostic Company Bellwether Bio
Precision oncology company Guardant Health, Inc., announced that it
has entered into a definitive agreement to acquire
Seattle-based Bellwether Bio, an
oncology startup developing next generation cancer diagnostics using cell-free
DNA. The acquisition is expected to close in April 2019. Financial terms of the
acquisition were not disclosed.
Bellwether Bio Background
Spun out of the University of Washington in 2016, Bellwether
Bio (formerly known as Haverhill Genetics) is developing
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Digital Prescribing Platform Xealth Raises $11M to Expand Digital Health Tools
Xealth, a Seattle-based digital prescribing platform has raised $11 million in Series A funding from McKesson Ventures, Novartis, Philips, and ResMed. Existing investors Threshold Ventures (formerly DFJ Venture), Providence Ventures, UPMC and Froedtert and the Medical College of Wisconsin health network also participated in the round.Xealth BackgroundSpun out of Providence St. Joseph Health in 2017, Xealth enables clinicians to prescribe and monitor digital healthcare content, apps, devices, and
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