Venture Capital, Private Equity Funding
Maven Clinic Secures $90M to Advance End-to-End Family Care Platform
Maven Clinic, the largest virtual clinic in women’s and family health raises $90 million Series E funding bringing its total funding to $300M. Maven plans to use the latest round of funding to advance its end-to-end family care platform to enable deeper personalization to meet the diverse needs of women and families everywhere.
Curavit Raises $5M for Digital Therapeutics
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Artificial Intelligence in Healthcare | News, Analysis, Insights - HIT Consultant
HLTH22: Nuance and NVIDIA Bring Medical Imaging AI Models Directly into Clinical Settings
What You Should Know:
- Peter Durlach, Chief Strategy Officer at Nuance Communications, announced on-stage at HLTH a partnership with NVIDIA that will put artificial intelligence (AI)-based diagnostics tools directly in the hands of radiologists and other clinicians at scale for the first time.
- The partnership will enable the validation, deployment, and evaluation of medical imaging AI models with the combined power of the Nuance Precision Imaging
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5 Factors to Consider When Developing a Health Data Platform
The conversation around whether a healthcare startup should build a data platform or buy one isn’t anything new. In fact, this has been a debate since cloud-based technologies rose to popularity—we’re just now seeing more startups enter the space and opt to build their platforms internally.
Startups choose to build their data platforms for several compelling reasons. For example, it could give them greater control over their data security and architecture or they feel they know their data
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18 HLTH 2022 Predictions from Digital Health Executives to Watch
Before HLTH 2022 kicks off next week in Las Vegas, we asked 18 digital health executives for their predictions and major themes to expect at HLTH.
1. Keith Reynolds, Chief Operating Officer at Welldoc
Access to care is a central focus for healthcare given several factors: a growing population being impacted with chronic conditions, increased resourcing constraints, and growing fatigue and workload among providers. A recent study indicated that it would require a PCP 26.7 hours/ day
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Fathom Secures $46M for AI Medical Coding Automation Platform
What You Should Know:
- Fathom, an AI-powered medical coding automation platform raises $46M in Series B funding co-led by Alkeon Capital and Lightspeed Venture Partners with participation from Vituity’s Inflect Health, Cedars-Sinai, ApolloMD, Jonathan Bush, and other healthcare executives.
- The company plans to use the funding to advance the standard in automated medical coding in response to critical challenges facing providers. The Series B round brings Fathom’s total funding to
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3 Questions Healthcare IT Leaders Should Ask Before Implementing AI in Their Operations
Artificial intelligence (AI) and automation are no longer nice-to-have technologies for healthcare providers. They are mission-critical tools for addressing significant challenges many health systems and hospitals face today — from volatile patient volumes to ballooning labor costs and staffing shortages to low operating margins. Many of these challenges are macro-level economic trends that will continue to prevail for the foreseeable future.
According to research from Kaufman Hall,
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Overcoming the Healthcare Staffing Shortage Through Back-Office Automation
Today’s healthcare staffing shortage, fueled by the COVID-19 pandemic but years in the making, has left many hospitals and health systems scrambling.
To date, the shortage of front-line healthcare workers has received most of the attention, and for good reason: By 2025, the U.S. is likely to face a shortage of 446,300 home health aides; 95,000 nursing assistants; and 29,400 nurse practitioners, according to a report from consulting firm Mercer.
However, what is less appreciated
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AI ‘s Role in Drug Discovery: Separating the Hype from the Hope
Forecasting the influence that artificial intelligence (AI)/machine learning technologies will have on the future of healthcare has created a cottage industry in the hype. From the overzealous aspirations of IBM’s Watson Health initiative to the inclusion of AI on Gartner’s 2021 Hype Cycle at the “Peak of Inflated Expectations,” so much noise has been made around AI/machine learning in healthcare that it can be difficult to appreciate the current impact of these technologies on drug discovery,
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Numares Health & Mayo Clinic Expands AI-Enabled Diagnostic Testing Collaboration
What You Should Know:
- Mayo Clinic and Numares Health have expanded their collaboration recently to develop AI-enabled diagnostic testing that is more accurate and reliable than current U.S. tests for patients with chronic diseases, including kidney, cardiovascular, liver and neurologic conditions.
- The expanded collaboration builds on Mayo Clinic's clinical research support for Numares Health to include an innovative convertible equity investment.
AI-Enabled
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Diagnosis: EHR Avoidance Syndrome
If you’ve read the healthcare IT trade press recently, you’ve no doubt seen stories about the clinical usability of EHRs and how it can be improved. When you look at the issue closely there are, ultimately, two approaches to “breaking the usability barrier” of these systems:
1. Provide EHR users with instant access to relevant clinical information for any condition a patient presents. This information should be connected to clinically responsive workflows that mirror the way physicians and
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