What You Should Know:
- Healthie, a New York City-based infrastructure platform for digital health companies raises $16M in an oversubscribed Series A round led by Velvet Sea Ventures with participation from Greymatter Capital, Watershed, Builders VC and a customer syndicate.
- Over 60 angels with deep healthcare and tech experience also participated in the financing, including Roushan Zenooz, Executive Chairman of Primary Health, B12 CEO Nitesh Banta, Rafid Fadul, former CMO at Wheel
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Health IT | News, Analysis, Insights - HIT Consultant
Cornerstone AI Raises $5M to Solve Healthcare’s Data Problem
- Cornerstone AI, a new company solving healthcare’s data challenges to improve research and care, publicly launched its first-of-its-kind AI platform.
- The company also announced a $5M seed round led by Healthy Ventures. The funding marked the first investment for Initiate’s affiliated fund, Initiate Ventures. Healthy Ventures General Partner Anya Schiess and Initiate’s Rowan Chapman and lana Dimkova have joined Cornerstone’s board of directors. Funds will be used to further product
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Executive Roundtable: Can Innovation Alleviate Clinician Burnout?
The U.S. Surgeon General’s recent advisory about clinician burnout cited numerous societal, cultural, structural, and organizational causes—including excessive workloads, administrative burden, and lack of organizational support. The potential fallout of this trajectory is alarming: The advisory cites the Association of American Medical Colleges’ estimate on clinician demand outpacing supply, with an anticipated shortage of between
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Canvas Medical Raises $24M for EMR & Payments Platform
What You Should Know:
- Canvas Medical, the EMR that enables clinicians and developers to power the future of care delivery, has raised $24M in Series B funding led by M13 with participation from Haystack and previous investors Inspired Capital, IA Ventures, Upfront Ventures, and Irongrey.
- In addition to this funding, Canvas has achieved federal certification through the Office of the National Coordinator for Health Information Technology (ONC).
A Full-Stack Ambulatory EMR and
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Sutter Health Signs 10-Year Contract with R1 RCM for End-to-End RCM
What You Should Know:
- Sutter Health, a not-for-profit integrated health system that provides high-quality care across Northern California has signed a 10-year agreement with R1 RCM to serve as their exclusive provider of enterprise revenue cycle management services.
- The parties believe that the partnership will help improve Sutter’s overall financial performance with an estimated $400M in cost savings over the next 10 years, helping Sutter achieve more sustainable labor costs and
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Practicing for the Next Pandemic with Real-World Data
Data reporting challenges during the current pandemic relate to the lack of connectivity between public health and information technology (IT) reporting systems throughout the country. While access to real-world data (RWD) helps address this situation, the solution goes beyond simple accessibility.
Real-world data represents data collected outside of randomized clinical trials, such as patient data from electronic health records (EHRs), mobile and smart devices, claims and billing activity
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HPG Acquires HIT Consulting Services Provider HDS
What You Should Know:
- Healthcare Performance Group, Inc. (HPG) acquires Health Data Specialists, LLC (HDS), a healthcare IT consulting firm with expertise in Epic, Siemens, and Cerner platforms serving more than 300 hospitals and health systems.
- The HPG consulting team includes IT and informatics experts as well as nurses, pharmacists, lab technicians, radiology experts, certified revenue cycle professionals, medical executives, program managers and project managers. These backgrounds
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athenahealth Alums Launches Fold Health: Digital Health Tech Stack For Primary Care
What You Should Know:
- A team of serial health tech entrepreneurs who sold their mobile EHR app to athenahealth has announced the launch of ed Fold Health, the first interoperable digital health tech stack for primary care.
- Fold Health closed a round of $6M from former athenahealth CEO Jonathan Bush, SkyFlow CEO Anshu Sharma, Saama Technologies CEO Vivek Sharma along with Anand Chandrasekharan from General Catalyst, Mohanjit Jolly from Iron Pillar, Gokul Rajaram from Firebolt Ventures,
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Northwell Health Selects Google Cloud to Accelerate Digital Transformation
What You Should Know:
- Northwell Health, New York State's largest health care provider and private employer, and Google Cloud today announced a collaboration to improve patient care, clinician experiences, and to help the health and hospital network operate more efficiently.
- Privacy and security will be of the utmost importance in all aspects of this digital transformation. Through the implementation of Google Cloud's reliable infrastructure along with Northwell
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COVID-19: Addressing the Urgent Mental Health Needs of Frontline Workers
It is no secret that one by-product of the ongoing pandemic is an exacerbation of the country’s mental health crisis. According to research from Johns Hopkins, one in four Americans experience a mental health disorder in a typical year. Yet among adults in the U.S. rates of depression have steadily climbed from 8.5% before the pandemic to an alarming 32.8% in October of 2021, according to research published in The Lancet Regional Health—Americas.
While it is vital that health systems rush
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