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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant

Ambience Healthcare Secures $70M to Advance AI-Driven Healthcare Operating System

by Fred Pennic 02/08/2024 Leave a Comment

Ambience Healthcare Secures $70M to Advance AI-Driven Healthcare Operating System

What You Should Know: - Ambience Healthcare, the leading AI operating system for healthcare organizations, announced a $70M Series B funding round co-led by Kleiner Perkins and OpenAI Startup Fund. - This funding comes on the heels of Ambience's rapid commercial success, with deployments at major healthcare systems like UCSF, Memorial Hermann, and John Muir Health. Breaking Down Silos and Improving Efficiency Ambience's platform approach fosters collaboration and breaks down silos
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Stellar Sleep Raises $6M to Expand Digital Sleep Therapy Platform for Chronic Insomnia

by Fred Pennic 02/06/2024 Leave a Comment

Stellar Sleep Raises $6M for Digital Sleep Therapy Platform for Chronic Insomnia

What You Should Know: - Stellar Sleep, a San Francisco, CA-based company offering the first digital solution specifically designed for chronic insomnia management raises $6M in seed funding to expand its reach and make effective treatment more accessible. The seed funding was led by Initialized Capital with participation from Y Combinator, Lombardstreet Ventures, Switch Ventures, Moonfire Ventures, Scrum Ventures, 8vdx and Goodwater. - Stellar Sleep's innovative approach offers a beacon of
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Cohere Health Secures $50M for AI-Powered Prior Authorization Platform

by Fred Pennic 02/02/2024 Leave a Comment

Cohere Health Secures $50M for AI-Powered Prior Authorization Platform


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ArteraAI Raises $20M to Personalize Cancer Therapy With Multimodal AI

by Fred Pennic 02/01/2024 Leave a Comment

ArteraAI Raises $20M to Personalize Cancer Therapy With Multimodal AI

What You Should Know: - ArteraAI, a pioneer in multi-modal artificial intelligence (MMAI) for cancer treatment personalization, announced today an additional $20M in funding. - This latest round, backed by prominent investors like Prosperity7 Ventures, EDBI, and Wilson Sonsini Goodrich & Rosati, brings the company's total funding to $110M since its inception less than a year ago. Revolutionizing Patient Care with AI ArteraAI's MMAI platform analyzes digital pathology images and
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Radiology AI Marketplace CARPL Secures $6M to Bridge Radiologist Gap with Seamless Integration Tools

by Jasmine Pennic 02/01/2024 Leave a Comment

Radiology AI Marketplace CARPL Secures $6M to Bridge Radiologist Gap with Seamless Integration Tools

What You Should Know: - As healthcare demands rise with an aging population and growing emphasis on early disease detection, the burden on radiologists is reaching a critical point. To address this challenge, enterprise imaging AI marketplace platform CARPL has announced a $6M funding round, aiming to bridge the radiologist gap by streamlining access and integration of AI tools into clinical workflows. Navigating the Maze of AI Solutions With over 200 companies developing AI
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First Human Receives Neuralink Brain Implant, Raising Hopes and Concerns

by Fred Pennic 02/01/2024 Leave a Comment

First Human Receives Neuralink Brain Implant, Raising Hopes and Concerns

First Human Receives Neuralink Brain Implant, Raising Hopes and Concerns What You Should Know: - Elon Musk's brain-computer interface (BCI) company, Neuralink, announced a major milestone on Monday: the first human patient has successfully received a Neuralink implant and is recovering well. - The successful implantation and promising initial results represent a significant step for Neuralink. However, addressing ethical concerns, ensuring transparency, and rigorously evaluating safety
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Peloton Equity Invests in OnPoint Healthcare to Combat Physician Burnout with AI

by Jasmine Pennic 02/01/2024 Leave a Comment

Peloton Equity Invests in OnPoint Healthcare to Combat Physician Burnout with AI

What You Should Know: - Peloton Equity, a private equity firm focused on healthcare growth companies, announced a significant investment in OnPoint Healthcare Partners, a leader in AI-powered solutions for reducing physician burnout and improving administrative efficiencies. - This partnership aims to empower OnPoint to accelerate its growth and impact on healthcare delivery. With the investment, Peloton representatives and Michael Clark, President of RAAPID.AI, will join OnPoint's board
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Fabric Acquires Conversational AI Care Assistant GYANT

by Fred Pennic 01/31/2024 Leave a Comment

What You Should Know: - Fabric, a leader in healthcare experience optimization, has announced the strategic acquisition of GYANT, a company specializing in conversational AI care assistants and patient engagement suites. - The acquisition of GYANT positions Fabric as a leading force in the digital transformation of healthcare. Their comprehensive suite of solutions is already attracting progressive healthcare providers and innovators, like OSF Healthcare, who are looking to reimagine care
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State of Digital Health 2023: From Gold Rush to Consolidation in a Cooling Market

by Fred Pennic 01/29/2024 Leave a Comment

State of Digital Health 2023: From Gold Rush to Consolidation in a Cooling Market

What You Should Know: The year 2023 marked a stark shift for digital health, transitioning from the heady days of record-breaking funding to a harsh reality of tightening belts and consolidation, according to a new report from CB Insights. - The CB Insights report, State of Digital Health 2023, reveals that while the pandemic initially fueled a gold rush of innovation, the tide has turned, leaving a landscape of both challenges and opportunities. Funding Plummets, Deals Dry Up Global
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ObjectiveHealth Secures Growth Investment to Expand Innovative Clinical Research Model

by Fred Pennic 01/29/2024 Leave a Comment

ObjectiveHealth Secures Growth Investment to Expand Innovative Clinical Research Model

ObjectiveHealth, a pioneer in integrated specialty research, today announced a strategic investment from Vitruvian Partners, a renowned global growth equity firm. - This strategic investment will fuel ObjectiveHealth's expansion and its mission to revolutionize clinical research by seamlessly integrating trials into the practices of community-based physicians. Transforming Clinical Trials, One Patient at a Time: ObjectiveHealth stands out with its innovative approach. They act as a
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