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Biofourmis

17 Executive Hospital/Health System Predictions to Watch in 2023

by Fred Pennic 01/12/2023 Leave a Comment

6 Executive Health Data Predictions to Watch in 2023

Vijay Kedar, Co-Founder and CEO at Tomorrow Health Health systems will realize their challenges are not transitory but systemic: This year saw health systems facing a myriad of compounding threats – from historic inflation exacerbating their cost structures, front-line clinician burnout driving widespread labor shortages, and increased capacity issues that left patients in hospital facilities one full day longer than in the prior year. As the financial markets turned south, many institutions
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4th Annual UCSF Health Hub: Digital Health Awards Announced

by Jasmine Pennic 11/21/2022 Leave a Comment

4th Annual UCSF Health Hub: Digital Health Awards Announced

What You Should Know: - UCSF Health Hub and the Digital Health Awards team announces the ten Best in Class winning companies, 40 Rising Stars, three Rising Star Champions and two Hall of Fame inductees for the 2022 Digital Health Awards. - The winning companies were chosen from more than 1,200 submissions based on a rigorous judging criteria. In the first round of judging, the priority was on reviewing every aspect of
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Intel Invests $20M in Biofourmis’ Virtual Care Offerings

by Syed Hamza Sohail 08/10/2022 Leave a Comment

Biofourmis AI Analytics Engine Receives FDA Clearance for Ambulatory Physiologic Monitoring

What You Should Know: - Biofourmis, a Boston-based global leader in virtual care and digital medicine, today announced that Intel Capital, the strategic investment arm of chipmaker Intel Corporation, has joined its Series D financing in an extension that brings the total funding raised in the round to $320M. - The initial Series D funding round was announced in April and was led by global growth equity firm General Atlantic with participation by CVS Health (NYSE:CVS), Trevor
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Executive Roundtable: Can Innovation Alleviate Clinician Burnout?

by Fred Pennic 07/18/2022 Leave a Comment

Physician Burnout Report: Understanding The Impact of Burnout on Healthcare Executives

The U.S. Surgeon General’s recent advisory about clinician burnout cited numerous societal, cultural, structural, and organizational causes—including excessive workloads, administrative burden, and lack of organizational support. The potential fallout of this trajectory is alarming: The advisory cites the Association of American Medical Colleges’ estimate on clinician demand outpacing supply, with an anticipated shortage of between
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New Hospital-At-Home Study Focuses on Rural Health Deserts

by Fred Pennic 06/21/2022 Leave a Comment

New Hospital-At-Home Study Focuses on Rural Health Deserts

What You Should Know: - Appalachian Regional Healthcare (ARH), based in Lexington, Ky., will use Biofourmis’ virtual care and AI-based predictive analytics technology to support a new Rural Home Hospital program delivering acute hospital-level care inside patients’ homes--including a clinical trial studying this care model in rural areas. - ARH joins Blessing Health System—which is also using Biofourmis’ solution—as one of only two U.S. participants
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Biofourmis Secures $300M to Expand Virtual Care Offerings

by Digital Health Funding 04/26/2022 Leave a Comment

Biofourmis Secures $300M to Expand Virtual Care Offerings

What You Should Know: - Biofourmis, a global leader in virtual care and digital medicine raises $300 million in Series D investment led by leading global growth equity firm General Atlantic. CVS Health and existing investors also participated in the round, - Biofourmis also announced that former Medtronic CEO and Chairperson at Intel, Dr. Omar Ishrak, will join the company’s Board of Directors as Chairman. Transforming Patient Health Through Personalized, Predictive Care Founded in
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Powered by Biofourmis, Blessing Health System Partners Launches Home Hospital Services

by Partnerships 03/31/2022 Leave a Comment

Powered by Biofourmis Blessing Health System Partners Launches Home Hospital Services

What You Should Know: - Blessing Health System, an integrated rural health system selects Biofourmis, a virtual care and digital therapeutics provider to launch its own home hospital services. - As part of the selection, Biofourmis is supporting the health system with its turnkey, end-to-end, home hospital solution for participation in the Rural Home Hospital project.  Delivering Acute-Level Hospital Care Inside Patients’ Homes This new program allows caregivers to
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Biofourmis Earns FDA Breakthrough Device Designation for Digital Therapeutic for Heart Failure

by Fred Pennic 07/30/2021 Leave a Comment

Biofourmis Earns FDA Breakthrough Device Designation for Digital Therapeutic for Heart Failure

What You Should Know: - Biofourmis, a Boston-based global leader in virtual care and digital therapeutics, announced its BiovitalsHF® solution is the first-ever heart failure digital therapeutic to receive a Breakthrough Device designation from the U.S. Food and Drug Administration (FDA). - The Breakthrough Devices Program was created to provide patients and providers with timely access to medical devices (in this case, software as a medical device, or SaMD) by speeding up their
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30 Executives Share Top Healthcare Predictions & Trends to Watch in 2021

by Fred Pennic 12/30/2020 Leave a Comment

30 Executives Share Top Healthcare Predictions & Trends to Watch in 2021

As we close out the year, we asked several healthcare executives to share their predictions and trends for 2021. Kimberly Powell, Vice President & General Manager, NVIDIA Healthcare Federated Learning: The clinical community will increase their use of federated learning approaches to build robust AI models across various institutions, geographies, patient demographics, and medical scanners. The sensitivity and selectivity of these models are outperforming AI models
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Brigham, Biofourmis Co-Develops Tech Solution to Enable Home Hospital Care

by Jasmine Pennic 12/03/2020 Leave a Comment

Brigham, Biofourmis Co-Develops Tech Solution to Enable Home Hospital Care

What You Should Know: - Brigham is working with Biofourmis on a national rollout of their co-developed technology solution, which has been refined and scaled for use by other healthcare systems across the country seeking to establish and execute similar home hospital programs to alleviate COVID-related capacity issues and to receive 1:1 parity on payments from CMS. - The Hospital@HomeTM platform provides a turnkey, end-to-end ecosystem for any health system that wants to quickly launch
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Recent Digital Health Partnerships

Roundups: 15 Recent Digital Health Strategic Partnerships

Recent Digital Health Executive Hires & Board Appointments

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M&A: Florence Acquires Virtual Care Solution Zipnosis

M&A: Florence Acquires Virtual Care Solution Zipnosis

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UNC Health to Pilot Epic, Microsoft’s Generative AI Tool

UNC Health to Pilot Epic, Microsoft’s Generative AI Tool

Vanderbilt University Medical Center Taps Philips Reduce Carbon Footprint

Vanderbilt University Medical Center Taps Philips to Reduce Carbon Footprint

Denials Management Named Most Time-Consuming Task in RCM

Denials Management Named Most Time-Consuming Task in RCM

How AI Can Eliminate Surprise Bills, Improve Payment Integrity

AI Can Eliminate Surprise Bills, Improve Payment Integrity

Q/A: IQVIA’s Global Lead Talks Unlocking AI for Drug Repurposing

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