Oncology Analytics, an Atlanta-based digital health startup that provides health plans, providers and patients with an evidence-based, analytics focused approach to utilization management for oncology, today announced it has raised $21 million in Series B funding. The Series B round was led by Oak HC/FT and was joined by new investor McKesson Ventures along with returning investors Blue Cross Blue Shield Venture Partners and Sandbox Advantage Fund. The startup plans to use the capital to expand
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Digital Health | News, Analysis, Insights - HIT Consultant
[Un]hyping AI In Healthcare: Why Marketing Hype is Dangerous
![[un]hyping AI In Healthcare](https://hitconsultant.net/wp-content/uploads/2018/11/allisonlowery-225x194.png)
Artificial intelligence has been one of the most important — and perhaps most jarring — technological advances of the 21st century. Lines of code have been trained to drive cars, detect faces, and decode complex radiological images, and the recent explosion of AI utilizations has created a jagged divide in societal perception. On the one hand, there are those who fear the robot apocalypse, with entrepreneur Elon Musk himself claiming that “AI is a fundamental risk to the existence of
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Visla Labs Raises $3M for AI Medical Diagnostics Platform for Radiology
Visla Labs, a San Francisco, CA-based AI medical diagnostics platform for radiology has raised $3M in seed funding led by Lux Capital with participation from former Twitter CEO and COO Dick Costolo and Adam Bain, as well as prominent healthcare experts and advisors. Founded in 2018 by serial entrepreneurs Kevin Quennesson, Wei-En Tan and Alessandro Sabatelli, Visla is collaborating with major hospitals, industry veterans, and award-winning physicians to re-invent the imaging experience with
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Syapse to Utilize NCCN Biomarkers Compendium for More Personalized Care
New partnership between National Comprehensive Cancer Network and Syapse will augment health information technology around cancer care. The National Comprehensive Cancer Network(NCCN) announced a new agreement with Syapse, a precision medicine company, to expand the use of best practices in precision medicine when treating people with cancer. Syapse delivers solutions for scaling enterprise precision oncology programs. For Syapse, the data contained in theNCCN Biomarkers Compendium will
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IntelyCare Nabs $10.8M to Expand On-Demand Nurse Staffing Management Platform
IntelyCare raises $10.8M to cure nationwide nursing shortage with Intelligent Workforce Management to streamline administration and improve care.Solving the nursing shortage that’s expected to reach 1.2 million RN vacancies by 2022 (according to the Bureau of Labor Statistics) will take a multi-faceted approach. Part of the solution will be better allocating nursing professionals in a way that considers the needs of both nurses and local facilities. IntelyCare, a digital health startup announced
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1DROP Raises $4.25M to Support Commercialization of Portable Medical Diagnostics Platform
1DROP, a life sciences startup developing and commercializing an easy to use laboratory quality, portable medical diagnostic testing platform has raised $4.25 million in Series A funding led by led by Christian Wildmoser (former partner CVC Capital Partners & Swiss Startup Group Investor). The round also included participation from private investors of the Swiss Startup Group including Dr. Hans-Peter Strebel (owner of On Your Marks), Beat Schillig (IFJ Institute for Young Entrepreneurs) and
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WellSpan Health, Sweetch Partner to Deploy AI-Driven App for Diabetes Prevention
WellSpan Health partners with Sweetch to deploy its AI-based app to deliver large-scale prediction and prevention of diabetes to augment its employee wellness program.Diabetes is an epidemic, and our health systems are paying the price. With one in 11 adults affected globally and costs for people suffering from diabetes over 2x higher than those without the disease, it’s a pressing issue – and the latest technologies can help alleviate it.Today, integrated healthcare system WellSpan Health
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98point6 Lands $50M to Expand On-Demand Text-Based Primary Care App
98point6, a Seatle-based digital health startup focused on reimaging primary care today announced it has raised $50 million in Series C funding led by Merchant Banking Division of Goldman Sachs and existing investors. Founded in 2015, the on-demand primary care platform combines innovative AI technology with board-certified physicians to deliver affordable and high-quality care right to a patient’s smartphone.The funding will enable 98point6 to scale and fulfill the strong commercial demand of
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Shore Group Pumps $6M in Healthcare AI Data Startup H1 to Accelerate Growth
H1, an NYC-based healthcare AI startup arming healthcare organizations with live data insights to help fight diseases, announced today that Shore Group has invested $6M to accelerate H1’s growth. H1 empowers stakeholders at healthcare and life science companies to make smarter scientific decisions by providing access to critical data through an intuitive interface.Healthcare Data AnalysisH1 has built a technology infrastructure grounded in machine intelligence that enables it to quickly find
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FundamentalVR Inks 3-Year Partnership with Mayo Clinic to Co-Develop Surgical VR Simulations, Raises Additional $1.4M
FundamentalVR, a London-based virtual reality (VR) training, and data analysis technology startup, today announced a three-year strategic partnership with Mayo Clinic to co-develop new VR simulations leveraging haptic (sense of touch) technology for general surgical procedures, patient-specific modeling and emerging interfaces for robotic surgery.Additional $1.4M in FundingIn addition, the company has raised an additional $1.4 million in funding from existing investor Tern Plc. The company plans
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