What You Should Know: - Withings Health Solutions partners with athenahealth through the company’s Marketplace program to simplify the remote patient monitoring experience for both physicians and patients. - As part of the athenahealth Marketplace, Withings RPM will now be available to athenahealth’s growing network of healthcare providers delivering a patient-focused remote patient monitoring experience. Integration Benefits for Physicians & Patients With this
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Inspire Medical Systems Invests in AI Startup EnsoData
What You Should Know: - Inspire Medical Systems has announced its investment in EnsoData, an artificial intelligence (AI) healthcare company helping clinicians uncover disease while patients sleep. - EnsoData’s technology helps address some of the most intractable problems in healthcare: access and affordability for patients and clinician burnout. By letting doctors and other clinicians use powerful AI to automatically analyze and diagnose diseases while a patient sleeps, EnsoData
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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
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PE Firm Acquires Intelligent Medical Objects (IMO) for $1.5B+
What You Should Know: - Thomas H. Lee Partners, a premier private equity firm investing in growth companies, announced today that it has entered into an agreement to acquire a majority interest in Intelligent Medical Objects, a healthcare data enablement company and market leader in clinical terminology solutions in a $1.5B + deal. - Founded in 1994, IMO manages more than 5 million clinical terms and maps to all major coding systems. Its suite of software products, which is used by over
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Why Mainstream Precision Medicine Hinges on Healthcare HPC Storage
The healthcare industry is experiencing a data deluge, and it shows no sign of slowing down. In 2020, estimates reported that healthcare data comprised a staggering 30% of the world’s total data volume; projections for 2025 bump that number up to 36%, a growth rate outpacing every other industry. This is promising news for precision medicine, the data-driven healthcare initiative that promotes the right treatment for the right patient at the right time. Precision (or personalized)
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Canopy Launches Out of Stealth with $13M for Intelligent Care Platform for Oncology
What You Should Know: - Today, Canopy announced it is launching out of stealth with $13 million in funding to work with leading oncology practices all over the country to help deliver high-quality care to cancer patients when they aren’t in the doctor’s office. - Canopy works with leading oncology practices nationwide to drive the best possible outcomes for over 50,000 cancer patients. Canopy, a Palo Alto, CA-based Intelligent Care Platform (ICP) for oncology, today
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Memora Health Nabs $40M to Scale Virtual Care Delivery Platform
What You Should Know: - Memora Health, a San Francisco, CA-based technology platform for virtual care delivery and complex care management, today announced the completion of a $40 million financing led by Transformation Capital with participation from Andreessen Horowitz, Frist Cressey Ventures, Edward Elmhurst Health, AlleyCorp, and others. As part of the financing, Todd Cozzens, Managing Partner at Transformation Capital, will join Memora's board. - Memora continues to rapidly grow with
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Greenway Health Launches Customizable RCM Solution
What You Should Know: - Greenway Health announced the launch of its new Greenway Revenue Services offering, GRS Select™, a customizable revenue cycle management (RCM) offering designed to meet the unique, individualized needs of healthcare practices as they rebuild and improve the profitability of their practices a year after the onset of the COVID-19 pandemic. - In contrast to most RCM services, Greenway Revenue Services partners with practices’ current staff to help them improve
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Philips Acquires Medical Device Integration Platform Capsule for $635M
What You Should Know: - Philips announces the acquisition of Capsule, a leading vendor-neutral Medical Device Integration Platform with a software-as-a-service business model - The Capsule acquisition is a strong fit with Philips’
strategy to transform the delivery of healthcare along the health continuum
with integrated solutions. Philips, today announced that it has signed an agreement to acquire Capsule Technologies, Inc., an Andover, MA-based provider of medical device
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Transforming Care Delivery Through AI-Powered Predictive Surveillance
Since the onset of the COVID-19 pandemic, hospitals and health systems have pushed forward with innovative technology solutions with great expediency and proficiency. Healthcare organizations were quick to launch telehealth solutions and advance digital health to maintain critical patient relationships and ensure continuity of care. Behind the scenes, hospitals and health systems have been equally adept at advancing technology solutions to support and enhance clinical care delivery. This
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