Today, Twine Health, a four-year-old spinoff of the MIT Media Lab has raised $1.5 million in Series A1 funding led by Qiming Venture Partners USA. The company plans to used the latest round of funding to accelerate the development of its AI-powered health coaching platform, continued market expansion in the US, and early international sales, including in China. Twine has received a total of $8.3 million in venture funding to date including investment fromKhosla Ventures, Provenance Venture
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Artificial Intelligence in Healthcare | News, Analysis, Insights - HIT Consultant
Analytics 4 Life Lands $25M to Advance AI-Driven Cardiac Imaging Apps
Analytics 4 Life, a digital health startup using artificial intelligence to develop medical imaging solutions has raised $25 million in Series B funding supported by an international syndicate of accredited investors, including physicians, healthcare professionals, and medical device experts. The company will use the latest round of funding to advance its proprietary imaging technology designed to assess coronary artery disease in a revolutionary way. The Series B round brings the Analytics 4
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Nuance Unveils AI-Powered Virtual Assistant to Improve the Patient/Physician Experience
Nuance Healthcare unveiled a new AI-powered virtual assistant solution aimed at optimizing the experience healthcare providers have with their EHRs and allowing physicians to spend more time focusing on the patient. This latest offering from Nuance builds upon their award winning platform – which 500,000 clinicians use to communicate more than 300 million patient stories a year – delivering a seamless transition of conversational dialogues to actionable information for doctors. Additionally,
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Backed by Premera Blue Cross, Cardinal Analytx Raises $6.1M for Predictive Analytics Platform
Cardinal Analytx, a Palo Alto, CA-based digital health startup using machine learning and artificial intelligence to improve care and reduce healthcare costs for patients has raised $6.1 million in Series A funding. Spun out of Stanford University, Cardinal Analtyx Solutions was founded by Stanford professors Drs. Arnie Milstein and Nigam Shah, who created the company with lead investor Cardinal Partners. Other investors include the Stanford-StartX Fund and Premera Blue Cross, which also
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Innovaccer Launches Care Intelligence System to Empower Care Teams for Value-based Care
Innovaccer Inc., a Silicon Valley-based healthcare platform company, today announced the launch of Care Intelligence System to become the bedrock of value-based care. The new platform is designed for care teams to streamline their workflows, reduce IT dependency and yet reach more of their at-risk patients.Innovaccer realized the need for a new value-based care platform while working with multi-hospital systems like Mercy ACO, Osler, Compass, CHI, and Catalyst. CMS has introduced many payments
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doc.ai Raises $2.3M in Pre-ICO for Blockchain-Enabled NLP for Quantified Biology
doc.ai Incorporated (“doc.ai”), a San Francisco, CA-based digital health startup building an advanced natural language processing technology platform for quantified biology has raised $2.3 million in pre-ICO (initial coin offering) or initial sale of Simple Agreements for Future Tokens ("SAFTs"). A total of ten purchasers acquired SAFTs led by Pantera Capital.The early pre-sale of doc.ai's SAFTs, which are convertible into digital tokens named Neurons ("NRNs"), was limited to existing investors
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doc.ai Launches First Blockchain-Enabled NLP for Quantified Biology
doc.ai Incorporated ("doc.ai"), a San Francisco, CA-based digital health startup has announced the launch of its blockchain-enabled natural language processing (NLP) platform for quantified biology. Founded by the entrepreneurial Walter De Brouwer in 2016, doc.ai utilizes the blockchain to timestamp its datasets and decentralize artificial intelligence to generate insights from combined medical data.doc.ai is building a new platform for established medical companies to enable patients to have
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Why The Mental Health Industry Is Ripe For Innovation
Technology has been tested and proven effective in many advanced and innovative industries, and is now extending and applying its benefits to more regulated industries such as healthcare. According to Mary Meeker's Internet Trends 2017 report, healthcare is “at a digital inflection point.” She recognized and attributed this change in part to the increase of data collection from fitness trackers and health apps as well as the increase of hospitals sharing healthcare data with patients.As part of
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Buoy Health Lands $6.7M to Expand AI-Powered Symptom Checker to Providers, Payers
Buoy Health, a Boston, MA-based digital health startup has raised $6.7M in Series A funding led by F-Prime Capital Partners and an undisclosed strategic investor. The round also included participation from FundRx, Jack Connors, and other angel investors.Formed out of the Harvard Innovation Laboratory in 2014, Buoy Health’s artificial intelligence-powered online symptom and cure checker leverages an intelligent algorithm backed by medical data to diagnose patients. Designed to resemble an
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Why Data Governance Is The Backbone to Artificial Intelligence’s Potential
A recent contributor to HIT Consultant made a bold, yet not too far fetched statement about the data analytics space. He noted that applied artificial intelligence (AI) is here to stay, and that the more common form of healthcare analytics will slowly but surely be replaced. For a quick IT lesson, applied AI refers to the intersection of artificial intelligence and machine learning, where the best of human intelligence is brought together with the best of computing capabilities.Related: Why
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