Half of hospital leaders plan to invest in artificial intelligence (AI) and robotic process automation (RPA) solutions by 2021, according to a new study conducted by Olive AI that reveals AI adoption healthcare is still in its infancy. The study explores how hospital leaders are responding to the imperative to drive efficiency and reduce costs through strategic investments in non-clinical technologies. Conducted in partnership with Sage Growth Partners, the survey respondents included 115
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Digital Health | News, Analysis, Insights - HIT Consultant
Genneve Raises $4M for Telemedicine Clinic for Women with Menopause
Genneve, a Seattle-based digital health company for women in midlife & menopause has raised $4M in seed funding led by BlueRun Ventures including participation from Maven Ventures and Startup Health. The latest round brings the startup’s total funding to date to $5.3 million, GeekWire first reports.Telemedicine Clinic for MenopauseEvery woman will experience menopause which lasts 4-10 years, costing her on average $20k through trial-and-error spending on prescriptions, doctor visits,
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Fitbit Launches New Research Pledge to Address Evolving Privacy Risks
Fitbit launches Researcher Pledge and updates to their Terms of Service to help educate the research community on user privacy risks. In response to these evolving user privacy issues, Fitbit has developed a new Researcher Pledge and updates to their Terms of Service to help educate the research community on these risks and specify the commitments we require from researchers to help protect the privacy of our users. The new Research Pledge outlines best practices to help ensure research study
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SHUH, Syapse to Build South Korea’s First Real-World Data Sharing Network for Precision Oncology Hospitals
SNUH and Syapse will collaboratively work towards building South Korea’s first real-world data-sharing network for leading precision oncology hospitals in the region. Syapse, a company accelerating precision medicine through insights derived from its global health system network, and Seoul National University Hospital (SNUH), a South Korea-based hospital, today announced that they have extended their partnership with a new multi-year agreement. As part of their partnership, SNUH and Syapse will
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Axia Women’s Health to Power Pregnant Patients With Babyscripts Prenatal App During Their Prenatal Journey
Axia Women’s Health, the nation’s largest independent, physician-led women’s health network, today announced a partnership with Babyscripts, a virtual care platform for managing obstetrics. With nearly 300 providers and more than 115 health centers across New Jersey and Pennsylvania., Axia will provide their pregnant patients access to the Babyscripts app during the entirety of their prenatal journey and beyond. Babyscripts Program Offered Through Axia Women’s HealthThe Babyscripts program
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Ethical Concerns of AI in Healthcare: Can AI Do More Harm Than Good?
The AI doctor can see you now, but it shouldn't treat you until ethics are in place. Professor Timothy Casey explains.
Artificial Intelligence (AI) and ethics—once mythical adversaries only on-screen like in “The Terminator” circa 1984— are now actually at virtual odds in 2019. This time, there are no catchy slogans like Arnold Schwarzenegger’s “I’ll be back,” but the moral question has returned:
Does AI’s transformative power have the ability to do more harm to humankind than good?
That is the
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Research: July Digital Health IPOs, M&A Activity, Public Company Performance Summary
Summary of Health IT/digital IPOs, merger & acquisition (M&A) activity, and public company performance during the month of July.
Digital Health IPOs in July
Breaking the digital health IPO drought, there were four initial public offerings (IPOs) during a five-week period from late June to late July, including Livongo, Health Catalyst, Phreesia, and Change Healthcare. The last health IT companies to reach IPO were iRhythym Technologies and Tabula Rasa Healthcare in late 2016 -
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Kaiser Appoints First Chief Digital Officer, Teladoc’s New COO, Castlight Health CEO, Other Health IT Appointments
Kaiser Permanente has appointed Prat Vemana as its first chief digital officer for Kaiser Foundation Health Plan and Hospitals. In this newly created role, Vemana will lead the ongoing development and execution of Kaiser Permanente's digital vision and strategy, in collaboration with internal health plan, hospital, and medical group teams.
Atlantic Health System has named Dr. Sylvia Romm as Chief Innovation Officer. In her new role, Romm will be responsible for building new partner
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FCC Strengthens Rural Telehealth Program: 5 Things to Know
The Federal Communications Commission (FCC) on Thursday took action to promote telehealth in rural America through reforms to the Rural Health Care Program that ensure limited program funds are disbursed efficiently and equitably, promote transparency and predictability in the program’s administration, and strengthen safeguards against waste, fraud, and abuse.
The announcement revises the rules governing the Telecom Program to simplify calculation of the urban rate—the amount health care
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OSF Ventures Closes $75M Sophomore Venture Fund to Focus on Emerging Technologies
OSF Ventures, the corporate venture capital arm of Peoria, Ill.-based OSF HealthCare, has announced the closing of its sophomore venture capital fund of $75M. The sophomore fund will focus on investing in new technology, devices, and services that offer improved and more cost-efficient healthcare.Investment PhilosophyOSF focuses on investing in companies seeking funding at all post-seed stages and has invested primarily in Series A and B rounds. In addition, OSF Ventures is open to
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