twoXAR, Inc., an artificial intelligence (AI)-driven biopharmaceutical company, announced today that it has raised $10 million in Series A financing led by SoftBank Ventures including follow-on participation from seed investor Andreessen Horowitz. The biotech startup plans to use the funding to build the company’s drug pipeline through partnerships and accelerate preclinical development of existing candidates. Traditional drug discovery and development is estimated to take 10-15 years and
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Digital Health | News, Analysis, Insights - HIT Consultant
USC Keck School of Medicine Joins TriNetX, Increases Clinical Trial Opportunities
The challenges facing researchers in designing protocols for clinical trials are numerous; missed opportunities for collaboration, difficult user interfaces, and difficulty streamlining patient queries are just a few of those obstacles . The University of Southern California Keck School of Medicine, one of the preeminent research-intensive medical schools in the United States, today announced that they have joined the TriNetX Global health research network to help increase its clinical trial
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Digital Health Could Serve As Valuable Asset for Pharma Industry
Digital health is proving to be a valuable asset for the pharma industry, as it points to a more streamlined and more cost-effective drug development process, according to GlobalData, a leading data and analytics company.Recent years have seen a large increase in investment towards digital health – a multifaceted segment of the industry that can combine software-based therapies into various aspects of the drug development process.Rahael Maladwala, Healthcare Analyst at GlobalData, notes:
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Tea Leaves Health Launches Decisionology Platform
Tea Leaves Health, a Welltok company and leading provider of a SaaS-based analytics and marketing technology platform, today announced the launch of its new high-growth platform, Decisionology. Decisionology is a new enterprise-level healthcare business development and market intelligence platform that empowers and informs hospital and health system executives’ strategic business decisions. Decisionology gathers all of a health organization’s critical data in one place to clearly identify
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Blue Cross Expands Partnership with Lyft, Collabs with CVS & Walgreens to Send Patients to Pharmacies
In an effort to address the community effects of social determinants of health, the Blue Cross Blue Shield Association (BCBSA) today announced a first nationwide partnership with Lyft to ensure Americans are not missing vital health care appointments simply because they lack reliable transportation.This partnership exemplifies Blue Cross and Blue Shield’s (BCBS) commitment to bringing private and public entities together to improve community health in a manner that a health care organization
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UMMC Selects SnapMD as Virtual Care Technology Partner
SnapMD, a full-service telehealth technology innovator and solutions provider, announced that the National Center for Telehealth at the University of Mississippi Medical Center (UMMC) has chosen SnapMD’s Virtual Care Management (VCM) software as its system-wide telehealth technology platform. As a telehealth trailblazer that has been providing high-quality health care through virtual visits for over 14 years, UMMC brings deep experience and knowledge to the telehealth marketplace, specifically
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Backed by Ashton Kutcher, Medinas Health Raises $1M for Data-driven Healthcare Marketplace
Medinas Health , a data-driven marketplace startup helping healthcare organizations safely and securely buy and sell their surplus and short-date medical supplies and equipment – announced today that it has raised $1M in its oversubscribed seed round. The round was co-led by Ashton Kutcher & Guy Oseary's Sound Ventures and General Catalyst’s Rough Draft Ventures, additional investors included: Precursor Ventures, Trammell Ventures and Angels.With the seed round closed, Medinas Health plans
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Survey: Majority of Americans Have No Clue Where Their Medical Data is Stored
Majority of Americans have no knowledge as to where their medical data is stored and who has access to it, according to a new survey conducted by Australian start-up ScalaMed, a blockchain based mobile prescription system. The recent research of 800 patients reveals a number of key issues Americans face when it comes to managing their prescribed medication, while also highlighting how consumers know about where their medical records are stored and who has access to their health data.In fact,
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Four Use Cases to Apply Blockchain in Healthcare
There is a lot of buzz around Bitcoin and other forms of cryptocurrency as a new kind of payment technology and how it can change our future. I am going to take a different spin on what is really interesting about cryptocurrency. There is much more behind cryptocurrency and Bitcoin than being a new way to make a payment. The technology that Bitcoin is built on is extremely interesting and has many other applications. The underlying tech that drives cryptocurrency is called blockchain which is a
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Cooper University Health Taps Bernoulli for Medical Device Integration into Epic EHR
Bernoulli Health, the developer of the advanced Bernoulli One clinical surveillance, medical device integration (MDI), and real-time data analytics platform, announced today that Cooper University Health Care (NJ) has selected Bernoulli for enterprise-wide medical device integration into their Epic EHR.Cooper will leverage Bernoulli across all critical care units, emergency departments, perioperative suites, select telemetry and oncology units, and off-campus surgical centers, replacing an
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