- Rad AI raises $4M in seed funding led by Gradient Ventures, Google’s AI-focused venture fund to transform radiology with the latest advances in AI to save radiologists 60+ minutes a day.
- By streamlining existing workflow and automating repetitive manual tasks, Rad AI increases daily productivity while reducing radiologist burnout.
- Rad AI provides more consistent radiology reports for ordering clinicians, and higher accuracy for the patients it serves.
Berkeley-based Rad AI, a
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Cone Health Launches Innovation Center to Develop & Launch Ideas
- Cone Health forms an innovation center named Cone Health Ventures to serve as a testing ground for new products and services focused on health and wellness. - Cone Health Ventures will serve as the innovation framework bringing together entrepreneurial insight, healthcare expertise and a human-centered approach to innovation.Cone Health, a Greensboro, NC-based integrated not-for-profit network of providers serving people in central North Carolina has announced the launch of Cone Health
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Presidium Health Raises $3.5M to Expand On-Demand Care Platform
- Presidium Health raises $3.5M to expand optimized in-home medical services based on geo-proximity to the medically complex and underserved population utilizing a home-based model of careThe company's flagship platform, STAT (Secure Text Activated Triage) is a simple user interface that provides patients with a medical alert device that allows for two-way communication, real-time transmission of vitals and personal health records to a HIPAA-compliant text platformPresidium Health, a San Diego,
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GenapSys Nabs $90M to Commercialize Its Breakthrough Electronic Gene Sequencer
- GenapSys launches first-of-its-kind electronic gene sequencer as well as the completion of a $90M series C funding round led by top biotech investor Foresite Capital. - GenapSys is the first & only to use direct electronic sequencing -- this allows for a simpler workflow, dramatically reduced costs, turnaround time and device size.- The GenapSys Sequencer is exceptionally accurate and 100x smaller and more affordable than current high-throughput sequencers and will significantly expand
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Wellframe Raises $20M to Accelerate Digital Care Management Solution for Care Teams
- Wellframe raises $20M in Series C funding to support company growth, including hiring in its Boston office, and accelerate its leadership in the Digital Health Management market.Wellframe translates evidence-based, peer-reviewed guidelines and literature into an interactive daily checklist delivered to patients through the Wellframe mobile app.The additional funding announced today will also enable Wellframe to accelerate the next phase of its Digital Health Management solutions, Digital
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Heathify Raises $16M to Expand Social Determinants of Healthcare Platform for Value-Based Care
- NYC-based Healthify raises $16M led by SV Health to fuel the company’s growth to integrate social determinants of health in the era of value-based care. - Healthify provides an intuitive SDoH referral platform that enables collaboration between network partners.- The funding will support the company’s rapid growth as it continues to bring healthcare and social service organizations together in accountable networks.Healthify, an NYC-based company integrating the social determinants of health
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FundamentalVR Lands $5.67M for VR Surgical Training Simulation Platform
- FundamentalVR lands $5.67M to expand its virtual reality (VR) surgical training simulation platform with haptics (the sense of touch). - Platform is deployed with a number of medical institutions across seven countries, including Mayo Clinic and UCLA in the U.S., UCLH in the U.K., and Sana in Germany with initial training packages focused on the orthopedic surgical disciplines.FundamentalVR, developers of immersive training technology for the surgical community has raised $5.67M in Series A
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Twistle Raises $16M to Expand Patient Engagement Platform
- Seattle-based health IT innovator Twistle raises $16M in Series A funding from two major healthcare investors: Health Enterprise Partners (HEP) and MemorialCare Innovation Fund (MCIF). - The funding investors are healthcare-centric: MCIF is a strategic healthcare investment fund wholly-owned by a healthcare system and HEP is a private equity firm that invests exclusively in healthcare services and IT companies.- The funding will accelerate the delivery of personalized care guidance through
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InsureTech Chatbot Platform Sensely Raises $15M to Modernize Member Experience
- Digital health and InsureTech chatbot platform Sensely announced it has raised $15M in funding led by Aflac Corporate Ventures, the venture arm of Aflac Inc. - The funding brings expanded commercial pathways to Sensely, with markets serving over 60 million members and representing over $200MM in annual recurring revenue opportunities. Today, at HLTH 2019, Sensely, a San Francisco, CA-based digital health and InsureTech platform that modernizes member experience while lowering costs,
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Amazon Acquires Health Navigator to Become Part of Amazon Care Services
- Amazon acquires Chicago-based Health Navigator platform, a comprehensive clinical vocabulary, and decision-support system.- The announcement marks Amazon’s second acquisition in the healthcare space after acquiring online pharmacy market PillPack for $750M last year. - CNBC confirms Health Navigator will not renew existing contracts with their customers moving forward and will become part of Amazon Care, it's pilot healthcare service program for employees.Amazon has acquired Health Navigator,
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