- New Mercom Capital annual report reveals global venture capital (VC) funding in digital health declined 6% at $8.9B compared to $9.5B in 2018. - Total corporate funding into Digital Health – including VC funding, debt, and public market funding - dropped 18% to $10.6 billion in 2019 compared to $13 billion in 2018.- Five digital health IPOs brought in a total of $1.4 billion in 2019Global venture capital (VC) funding in digital health, including private equity and corporate venture, declined
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data analytics
DrFirst’s Patent-Pending AI-Based Tech Solves Major Hurdles to Medication Reconciliation
- DrFirst announced a pending patent for AI technology today that breaks down the “prescription language barriers” between different EHRs – a crucial step in the process to avoid adverse drug events – solving a once intractable problem faced by hospitals. - The new U.S. patented tech uses an advanced approach for applying AI to unstructured medical information to process free text into appropriate data fields of the EHRs, infer missing prescription elements based on context, and convert free
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Accenture Names 11 Finalists from Accenture HealthTech Innovation Challenge
- Accenture names 11 company finalists from the Accenture HealthTech Innovation Challenge, which seeks to support innovative approaches and solutions for improving the way people access, manage and finance healthcare in North America. - Selected finalists presented to an exclusive panel of judges comprised of senior executives from globally recognized health companies at one of two regional events. One was held in Boston on Nov. 7 and the second in San Francisco on Dec. 5. For those selected as
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Partners HealthCare Launches $100M, 5-Year Digital Health Initiative to Reshape the Patient Experience
- Partners HealthCare launches $100M, five-year digital health initiative focused on patient experience, clinical transformation, scaling research and development, and streamline hospital operations. - The digital health initiative will incubate innovative programs under development with the goal of expanding programs that show provider adoption and patient impact.Partners HealthCare today announced it has launched a five-year digital health initiative to improve the patient experience, boost
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UNC Health Care Adopts CarePort’s Care Coordination Platform Across 12 Hospitals
- CarePort, a provider of care coordination and management solutions is collaborating with North Carolina’s statewide health information exchange, NC HealthConnex.- The partnership allows for all 12 hospitals in the UNC Health Care system to improve efficiency and ultimately improve patient outcomes as the not-for-profit health system builds a more effective care coordination program between hospitals.- CarePort’s platform provides real-time patient data, alerts for critical patient events (e.g.
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DrChrono Launches Certified Developers Program Leveraging DrChrono’s API
- DrChrono launches its Certified Developers Program, a healthcare partner platform marketplace with new resources for physicians. - The new Certified Developers Program is creating an ecosystem where a customer can work directly with one of the qualified developers that can layer custom features on top of the DrChrono EHR platform at their request.DrChrono Inc., the company enabling the medical practice of the future, announced today a new Certified Developers Program comprised of partners that
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Despite Deployment Challenges, Healthcare Cloud Adoption Is On The Rise
- Cloud adoption in healthcare is accelerating amid deployment challenges, according to the results of a recent survey conducted by HIMSS Media in collaboration in Perficient and Red Hat. - The blinded HIMSS Technology Outlook Survey: The Outlook for Cloud finds healthcare organizations are already deploying or planning to deploy a significant share of their healthcare information technology (HIT) workload to the cloud.Cloud adoption continues to accelerate in healthcare, a fact reflected in the
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3 Underfunded Areas Essential To The Success of Value-Based Care
- Third annual Top of Mind for Top Health Systems survey from the Center for Connected Medicine (CCM) reveals value-based care depends on three underfunded technologies. - KLAS Research shows patient engagement, data analytics, and precision medicine drives better treatments, but barriers remain.As healthcare continues to shift toward value-based care, technology that boosts patient engagement, harnesses all available data for informed decision-making and enables more effective treatments will
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Humana, Epione Health Form Value-Based Care Agreement for Humana Medicare Advantage Members
- Humana and Epione Health team up to offer a patient-centered experience for Humana Medicare Advantage members in Oklahoma. - Humana Medicare Advantage HMO and PPO plan patients will benefit from this relationship as the support offered by Humana enables Epione’s doctors to focus on patient care.Humana Inc., today announced it has collaborated with Epione Health of Oklahoma, LLC on a value-based care agreement designed to offer a coordinated, patient-centered experience to help Humana Medicare
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Google’s ‘Project Nightingale’ with Ascension Has Been Secretly Collecting Millions of Patient Records
What You Need to Know - Google has been secretly working with St. Louis-based Ascension on an initiative code-named “Project Nightingale” to gather millions of patient records across 21 states since last year, reports The Wall Street Journal. - The collected data includes patient names, date of birth (DOB), lab results, doctor diagnoses and hospitalization records to provide a complete health history. - After the WSJ article, Ascension officially announced its collaboration with
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