ResMed to acquire digital therapeutics maker Propeller Health for $225 million, establishing itself as a leader in COPD management.ResMed, a provider of cloud-connected medical devices and out-of-hospital software-as-a-service (SaaS) business solutions, today announced it has entered a definitive agreement to acquire digital therapeutics startup Propeller Health for $225M. For ResMed, the acquisition will help establish the company as a leader in COPD management across all stages of the
Read More
Digital Health | News, Analysis, Insights - HIT Consultant
Robotic Process Automation Saves Steward Health Care Systems $2.75M in Operational Costs
The use of Robotic Process Automation (RPA)-a robotics precursor to artificial intelligence in the past two years has led to drastic improvements in productivity at Steward Health Choice Network (SHCN) Health Plan Division, a division of Steward Health Care Systems. Steward Health Choice Network (SHCN) implemented RPA. Within 30 days of implementing its first RPA script, SHCN began realizing an ROI. Since that time, the labor automation—Foxtrot RPA from EnableSoft—has processed 4.5 million
Read More
Biotech Startup ParaGen Technologies Raises $3M to Redefine Tissue Engineering
ParaGen Technologies, a Columbus, OH-based holding company of four tissue engineering medical device companies, announced that it raised $3 million in funding. The round was managed and organized through Ikove Venture Partners’ global network of investors (70% of the funds came from investors across 10 countries).Tissue EngineeringThe field of tissue engineering is focused on developing solutions to recreate the biological structures of the body. Generally, the synthetic products currently
Read More
Bright Health Raises $200M to Expand Care Partner Health Plan Model
Bright Health, a provider of exclusive Care Partner Health Plans for everyday individuals at competitive prices has raised $200M in Series C funding. Investors in the Series C round includes two new investors, Declaration Partners and Meritech Capital, as well as existing investors Bessemer Venture Partners, Cross Creek Advisors, Flare Capital, Greenspring Associates, Greycroft Partners, New Enterprise Associates (NEA), Redpoint Ventures, and Town Hall Ventures. The insurance tech startup plans
Read More
Lyft Appoints First VP of Healthcare to Lead Expansion of Lyft’s Healthcare Business
Today, ridesharing company Lyft is announcing the appointment of their first VP of Healthcare, Megan Callahan, to double down on growth in the healthcare sector. Lyft healthcare rides have grown 3x over the last year, and Megan will lead the strategic direction and expansion of Lyft’s healthcare business. She brings more than two decades of experience from across the healthcare industry, serving most recently as Chief Strategy Officer at Change Healthcare, and as Senior Vice President of
Read More
Ricoh Unveils Interoperable, Secured Fax Alternative for Healthcare
Today Ricoh announced RICOH Healthcare Direct Services, an interoperable, secure and reliable fax alternative. At a time when information management and collaborative technologies are surging in other fields, patients can be left wondering why healthcare providers’ communication can be unreliable, potentially resulting in rescheduled appointments, lost lab results, and other costly or time-consuming errors. The State of the Fax Machine in Today's Healthcare EnvironmentAt a time when information
Read More
How Surgical Robots are Transforming the Operating Room
During a traditional medical operation or surgery, the senior physician is at the helm with supporting doctors and nurses huddled nearby. Often, this process entails surrounding a patient who is positioned on a surgery table.Instruments will be stored in the same room, with nurses and assistants passing the necessary components to the doctor. Everyone listens, everyone works together, and it’s a close-knit, collaborative process.But that’s not how modern surgeries work anymore, at least not when
Read More
Nuance Unveils AI Marketplace for Diagnostic Imaging
Today at RSNA, Nuance announced that their AI Marketplace for Diagnostic Imaging, the first workflow-integrated marketplace, has mobilized a collaborative community of developers, researchers and technology leaders to build, test, validate, and share algorithms for radiology. This community can seamlessly create, distribute, and utilize continuously learning algorithms for 25,000 radiologists across 5,500 connected healthcare facilities.Nuance AI Marketplace for Diagnostic Imaging OverviewThe AI
Read More
Accenture Launches Life Science Open Partner Ecosystem to Advance Drug Discovery
Accenture, today announced it has created an open partner ecosystem developed in partnership with Merck and Amazon Web Services (AWS) designed to help independent software vendors (ISVs) and life sciences companies team more effectively to accelerate drug discovery efforts and, ultimately, improve patient outcomes.Life Sciences Partner Ecosystem Overview Built on Amazon Web Services and supported by ongoing work between Accenture and AWS through the Accenture AWS Business Group, the platform is
Read More
Ambra Health and Google Cloud Partner to Leverage AI with Secure Access to Medical Imaging for Researchers
Ambra Health, makers of the leading cloud-based, medical image management suite, today announced a new collaboration with Google Cloud to advance healthcare research with anonymized medical imaging data. The partnership will leverage Google Cloud’s Healthcare API for their Ambra Health Cloud PACS solution for Google Cloud allows researchers to turn data into insights by easily de-identifying patient medical imaging data for use in research studies. Anonymized Medical Imaging DataIn order for
Read More
