Prognos, a New York City-based healthcare Artificial Intelligence (AI) startup that has been steadfastly building its AI capabilities with the goal of predicting disease has raised $20.5 million in Series C funding. Particpatnts in the round include Cigna, GIS Strategic Ventures (the venture capital arm of the Guardian Life Insurance Company), Hermed, Hikma Ventures, Maywic, Merck Global Health Innovation Fund (GHI), and Safeguard Scientifics.Prognos plans to use the funding to expand Prognos’
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Empiric Health Raises $3M to Expand Evidence-based Care Delivery Platform
Empiric Health, a health IT startup that activates evidence-based healthcare delivery to improve both clinical outcomes and operational efficiency has raised $3M in seed funding from Intermountain Helathcare. The company plans to use the seed funding to to commercialize and expand the company's service offering and workflow optimization tools, which will help health systems uncover and address variations in procedures and improve outcomes.Formed by Intermountain Healthcare and Oxeon earlier this
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Accenture Makes Strategic Investment in Quantum Computing Startup 1QBit
Accenture has announced a new strategic alliance and minority investment in 1QBit, a leading quantum computing firm that builds quantum and quantum-inspired software to help organizations solve their most demanding computational challenges. The alliance will allow Accenture to develop new quantum-inspired analytics capabilities to solve healthcare and life sciences challenges through Accenture Analytics and scale pilot opportunities identified through the Accenture Labs. Terms of the transaction
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Optum Launches $250M Innovation Fund to Invest in Early-Stage Digital Health Startups
UnitedHealth Group’s healtcare service business has announced the launch of Optum Ventures,a $250 million healthcare innovation fund dedicated to investing in early-stage digital health starutps. Funded by Optum, Optum Ventures will focus in investing in digital health startups that use data and insights to help improve consumers’ access to health care services and how care is delivered and paid for, and that make the health care system more reliable and easier to navigate.By leveraging Optum’s
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MedTech Startup Launches AI Platform to Help Radiologists Diagnose Stroke Faster Using CT Brain Scans
Infervision, the medtech company which uses Artificial Intelligence and Deep Learning to improve medical image analysis and significantly speed radiologists' reading of scans and X-rays, today is launching a artificial intelligence (AI) platform to help radiologists diagnose strokes quickly using CT brain scans. This will help patients get faster treatment, possibly saving lives and reducing the impact of the stroke. The new AI-CT Stroke Screening System is the first of the Infervision AI-CT
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NTT DATA, MD.ai Partner to Accelerate Adoption of AI for Medical Imaging
NTT DATA Services today announced a partnership with MD.ai, an emerging company in imaging research and artificial intelligence (AI) delivery for the clinical imaging space. Through this partnership, NTT DATA clients now have the ability to dive deeper into their imaging data with algorithms and automation tools that will improve workflow and provide better patient care.MD.ai brings a unique combination of semi-automated tools for imaging research, collaborative data annotation software, as well
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Philips Acquires Startup Analytics Informatics to Expand Radiology Solutions
Philips has announced the acquisition of startup company Analytical Informatics, Inc., complementing its own innovation initiatives to expand its current offerings and accelerate the roadmap for Philips Radiology Solutions. Founded in 2011, Analytical Informatics’ products and capabilities, which include vendor-agnostic, advanced workflow tools and applications, strengthen Philips’ PerformanceBridge portfolio of operational performance solutions to optimize assets, uptime, utilization, practice,
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Startupbootcamp Digital Health Miami Launches 2018 Cohort of 13 Startups
Startupbootcamp Digital Health Miami, an innovation program and fund has announced 13 startups that will be joining their second cohort after an intensive two-day evaluation and selection process on November 17-18.Teams pitched their businesses to over 100 healthcare executives, investors and mentors industry experts from Startupbootcamp’s corporate partners such as Nicklaus Children’s Hospital and Accenture as well as representatives from Marsh, Towers Watson, Philips, UnitedHealthCare, Zaffre
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Why GE Won’t Sell its Health IT Business
As John Flannery, the new CEO of GE takes on the task of sweeping cost-cutting at the industrial behemoth, recent market speculation has suggested he may be looking to offload GE’s Healthcare IT business. Here's why we think this won’t happen.Crumbling, but not to the coreGE's health IT portfolio has been compiled from many acquisitions, creating a complex and sometimes disjointed product set. At its center is a core set of software and services focused on clinical IT. GE’s products that support
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Roche Acquires Lab Data Analytics Platform Viewics
Roche, a pharmaceuticals and diagnostics focused on advancing science has announced an agreement to acquire Viewics, Inc., a laboratory business analytics platform. Under the terms of the agreement, Roche is acquiring all shares of the company. Financial details of the acquisition were not disclosed. As part of the acquisition, Viewics, Inc. will become an integral part of Roche and add further digital capabilities on top of Roche Diagnostics’ Integrated Core Lab offering to make faster
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