Genoox, the genomic analysis company making it easier for doctors, clinicians, and researchers to analyze and act on genetic sequencing data has raised $6 million in funding led by Inimiti Capital Partners and Glilot Capital Partners. With this investment, Genoox will also be expanding their genomic services into the U.S. healthcare market, providing medical facilities with innovative solutions to help solve real and pressing healthcare problems. Genoox has an international footprint, with a
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Digital Health | News, Analysis, Insights - HIT Consultant
15 Reasons Why 2017 Will Be A Banner Year for Digital Health Funding
Digital health funding reached a record-breaking total of $3.5B across a total of 188 digital health deals in the first half of 2017, according to a new report from Rock Health, a full-service venture fund dedicated to digital health. The findings reveal that despite the recent election and upcoming repeal of the ACA, the spike in digital health investments are not an anomaly, but an indication of increased interest in the digital health sector.The Digital Health Funding Midyear Update report
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The Most Surprising Health Wearables Trend of Q2 2017?
One of the stories that is gaining traction in the health wearables space is the reality that sensors are becoming less expensive and increasingly commoditized. It’s no longer enough for health wearables makers to leverage better sensors to attract consumer interest. Instead, they must develop more holistic offerings with software that makes wearables smarter and more useful.This is one reason why wearables makers in the United States, India and other parts of the world are focusing increasingly
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Why Applied Artificial Intelligence Is Here to Replace Healthcare Analytics
Editor's Note: Gurjeet Singh, PhD, CEO and co-founder of Ayasdi, an enterprise-grade artificial intelligence platform lets you create intelligent business applications and make fundamental discoveries with big data. The combination of electronic medical records, financial data, clinical data, and advanced analytics promised to revolutionize healthcare. It hasn’t happened. The common excuse is that healthcare wasn’t really prepared for the enormity and complexity of the data challenge and that,
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Stanford Researchers Develop Algorithm to Diagnose Heart Arrhythmias
Stanford researchers from the Machine Learning Group have developed an algorithm that is able to outperform cardiologists in arrhythmia detection, according to research published on arXiv. The new deep learning algorithm can diagnose 14 types of heart rhythm defects, called arrhythmias and has the ability to sort through data from rural locations where people do not have routine access to cardiologists. Traditionally, patients suspected to have an arrhythmia will often get an electrocardiogram
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StartUp Health: Digital Health Funding Reaches $6.5B in First Half of 2017
Digital health funding reached $6.5 billion over 306 digital health deals in the first half of 2017, according to the recent StartUp Health Insights Funding Rankings 2017 Midyear Report. The report reveals 2017 has already surpassed previous years in overall funding and the number of new and unique investors focused on digital health. In Q2 2017 digital health funding reach a total of $3.8B, which marks it as the biggest quarter for digital health funding ever.The Startup Health insights tracks
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Telehealth Monitoring Provider VRI Acquires Healthcom
Valued Relationships, Inc.(VRI), a provider of telehealth monitoring solutions to seniors has acquired Sullivan, Illinois-based Healthcom to expand its footprint in senior care market. Founded in 1992 by CEO Ralph Kirk, Healthcom partners with healthcare providers to provide services that enhance the standard of care.From medical alert services and medication management to telehealth solutions and care transitions, Healthcom offers an integrated service to help reduce readmissions, improve
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Dr. Patrick Soon-Shiong’s Nantworks Acquires Majority Stake in St. Vincent & 5 Other California Hospitals
Billion physician Dr. Patrick Soon-Shiong announced that his company NantWorks, LLC, has acquired a majority stake in Integrity Healthcare, LLC, Verity Health System’s management company. Verity Health is a nonprofit healthcare system employing more than 6,000 staff statewide. For Nantworks, acquiring a majority stake creates a unique opportunity for collaboration to make Verity Health a leader in innovative healthcare delivery, including personalized patient-centered healthcare solutions for
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New AI Device for Diabetes Eye Screening to Complete FDA Clinical Trial
IDx, an early-stage medical device company focused on developing software-based algorithms that can identify disease in medical images is currently conducting an FDA clinical trial to obtain clearance for its first product, IDx-DR by the end of summer 2017. IDx-DR is a screening solution for diabetic retinopathy. IDx also has algorithms in development for the detection of macular degeneration, glaucoma, Alzheimer’s disease, cardiovascular disease, and stroke risk. “I’ve worked on this for so
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University of California San Diego, Tempus Partner on Personalized Medicine Initiative
Tempus, a technology company focused on helping doctors personalize cancer care by collecting, sorting and analyzing clinical and molecular data, will provide Moores Cancer Center at UC San Diego Health with molecular sequencing, analysis and decision support tools to enable further research on immune checkpoint inhibitors across cancer types. Tempus provides molecular sequencing and clinical analytic solutions to top academic centers, hospital systems, associations, and healthcare
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