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
Read More
Techstars Relaunches Healthcare Accelerator in Los Angeles
What You Should Know: - Techstars, a global investment business that provides access to capital, one-on-one mentorship, and customized programming for early-stage entrepreneurs announces today the relaunch of Techstars Healthcare sponsored by Cedars-Sinai, Point32Health, UCI Health, and UnitedHealthcare. - The consortium-led accelerator program will be based in Los Angeles and select 12 high-growth startups to participate in its intensive 13-week program. Startups will receive capital,
Read More
AI More Accurate for Cardiac Diagnosis than Echocardiogram Assessments
What You Should Know: - In a first-of-its-kind randomized clinical trial led by researchers at the Smidt Heart Institute and the Division of Artificial Intelligence in Medicine at Cedars-Sinai, artificial intelligence (AI) proved more successful in assessing and diagnosing cardiac function when compared to echocardiogram assessments made by sonographers. - The results, announced during a late-breaking presentation at the European Society of Cardiology Congress 2022, have immediate
Read More
Cedars-Sinai Accelerator Adds 10 New Digital Health Startups
What You Should Know: - Cedars-Sinai Accelerator, today announced its eighth accelerator class of ten new digital health startups. - From digital health mental health services to wearable devices to manage chronic asthma, these innovative healthcare-focused startups are working to transform health and healthcare delivery as part of the Los Angeles-based accelerator program. Cedars-Sinai Accelerator Overview During the three-month term, company representatives collaborate with
Read More
Diligent Robotics Secures $30M for Robots to Assist Hospital Staff with Routine Tasks
What You Should Know: - Diligent Robotics raises over $30M to deploy its collaborative robots to healthcare systems across the nation. - Company plans to use the funding will accelerate product development to meet the demand for healthcare service robots and enhance interoperability, integrations and efficiency in healthcare institutions. Diligent Robotics, an Austin, TX-based robotic automation company today announced it has closed over $30 million in Series B funding led by Tiger
Read More
GHX Names The Top 50 Hospitals for Supply Chain Excellence
What You Should Know: GHX today announced its annual list of the Best 50 supply chains, which recognizes the highest performing healthcare provider organizations in North America. These honorees set the standard for supply chain excellence by improving operational performance while driving down costs through supply chain automation. Healthcare Providers Modernizing Supply Chain Operations Selected among more than 4,100 hospitals connected to the GHX digital trading network (Exchange) in
Read More
Cedars-Sinai Establishes New Division: Artificial Intelligence in Medicine (AIM)
What You Should Know: - Today, the department of Cedars-Sinai announced it has established a new division to explore how artificial intelligence (AI) can be applied to help solve complex medical problems and enhance clinical care. - The new division, Artificial Intelligence in Medicine, or AIM will be led by Sumeet Chugh, MD, an associate director of the Smidt Heart Institute and a prominent expert in sudden cardiac arrest, who has long relied on technology and population-wide data to help
Read More
Cedars-Sinai Cancer Launches ‘Molecular Twin’ Initiative for Precision Cancer Treatment
What You Should Know: - Cedars-Sinai Cancer and Tempus, a provider of artificial intelligence and precision medicine, are harnessing the power of big data and AI to design personalized cancer treatment options by creating virtual replicas of patients' DNA, RNA, protein and other information to help identify the most effective approach to each individual's disease. - By creating these "molecular twins," scientists can genetically classify cancer genes and proteins of particular tumors
Read More
AppliedVR Lands $29M for VR Platform to Treat Chronic Pain
What You Should Know: - AppliedVR, a Los Angeles, CA-based company advancing the next generation of digital medicine, today announced $29 million in Series A funding, bringing its total funds raised to date to $35 million. The round, which includes key investors F-Prime Capital, JAZZ Venture Partners, Sway Ventures, GSR Ventures, Magnetic Ventures and Cedars-Sinai, will fuel the company’s growth as it pursues full FDA approval over the next year. - Founded in 2015, AppliedVR provides
Read More
Vytalize Health to Acquire Patient Financial Experience Platform MedPilot
What You Should Know: - Vytalize Health to acquire patient financial experience platform MedPilot to accelerate data-driven engagement technology to its ACO's Medicare population. - An alumnus of the Cedars-Sinai Accelerator, MedPilot’s platform has already helped over 1 million patients to date and boasts a 97% patient satisfaction score. Vytalize Health, a leading provider of value-based healthcare announced it is acquiring MedPilot, a Cleveland-based patient financial
Read More
