What You Should Know:
- Story Health, a health technology and services company that extends specialty care into patient’s homes raises $22.6M in Series A funding co-led by Northpond Ventures and B Capital Group. The round also included participation from new investor LRVHealth and existing investors Define Ventures and General Catalyst, bringing the company’s total funding to approximately $27M.
- The Story Health platform empowers specialists through intelligent embedded clinical software
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Decision Support | Healthcare Data | Health IT | News, Analysis, Insights - HIT Consultant
Deploying Advanced Decision Support for Better Sepsis Management
As the leading cause of hospital deaths in the United States, sepsis is a significant concern for patients and providers alike. In a 2020 study, the World Health Organization found a 46% mortality rate for patients treated in the ICU for sepsis. Sepsis care is expensive, costing the US healthcare system an estimated $33 billion per year. Data shows a single admission for sepsis care can cost anywhere between $22,000 and $70,000, making it the most expensive infection for hospitals, and
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Innovaccer, Roche Partner to Develop Clinical Decision Support Solutions
What You Should Know:
- Innovaccer Inc. the Health Cloud company, announced it has entered into a three-year collaboration with Roche to partner in the development of innovative clinical decision support solutions on the InnovaccerⓇ Health Cloud for the U.S. market.
- As part of the strategic collaboration, the Innovaccer Health Cloud and its core Data Activation Platform will be used to integrate disparate data from EHRs, labs, claims, pharmacy—virtually any healthcare data
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Mayo Clinic, Verily Partner to Develop Clinical Decision Support Solutions
What You Should Know:
- Today, Mayo Clinic and Verily, an Alphabet company announced a strategic two-year collaboration to develop clinical decision support solutions. This modular, evidence-based decision support solution, will provide contextualized and validated knowledge on disease management, care guidelines, and treatment to help clinicians make decisions.
- The clinical decision support tool will be developed based on a broad range of health-relevant data sources, including
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Q1 2021 Health IT/Digital Health PC/VE, M&A, IPOs/ SPACs Activity
The first quarter of 2021 has been one of investor optimism as the vaccine rollout continues ahead of expectations and economic activity begins to accelerate in response. Within the Health IT industry, the already strong investment and M&A trends seen in 2020 have only accelerated. Over the course of the quarter, we observed $7 billion in private equity and venture capital investment across 158 companies.
By comparison, Q1 of 2020 saw $3.2 billion and 127 investments. Health IT
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Cardinal Health and Deep Lens Collaborate for AI-based Oncology Clinical Trial Matching
What You Should Know:
- Today, Deep Lens and Cardinal Health announced a strategic collaboration that will integrate Deep Lens’ AI-based clinical trial matching solution, VIPER, into community-based oncology practices throughout the Cardinal network. VIPER will be a part of Cardinal Health’s new Navista advanced suite of technology solutions designed to help oncologists improve outcomes, provide high quality care at the best possible cost and select the right care plan at the onset of
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Key Lessons from COVID-19 & How We Can Better Support our Healthcare Provider
COVID-19 has been a novel pandemic in many ways beyond the actual virus itself – from the irreparable impacts it’s having on society, to the immense strain it’s put on the healthcare industry. A recent report stated that 93% of healthcare professionals reported experiencing stress, 86% reported experiencing anxiety, and 76% reported exhaustion and burnout [1]. Considering that the virus will continue to have an impact in 2021 and the reality that COVID-19 will likely not be the last epidemic we
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Yale New Haven Health Deploys Virtual Clinic for Pediatric Patients with Diabetes
What You Should Know:
- After taking part in proving the clinical benefit of using AI-based decision support tools, as was recently published in Nature Medicine, Yale New Haven Health System and DreaMed Diabetes announced a collaboration that will explore what it would take to adopt such a solution into a real-world health system.
- As part of the collaboration, Yale New Haven will utilize DreaMed’s Advisor Pro platform to create a virtual clinic, this real-world evaluation will assess the
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First Databank Clinician Addresses COVID-19 Vaccine Skepticism – Q/A
As the Biden administration ramps up its efforts to increase the access of COVID-19 vaccines to more Americans, there are a large number of Americans who are skeptical about of the COVID-19 vaccine. About 1 in 3 Americans stated they definitely or probably won’t get the COVID-19 vaccine, according to a recent poll from the Associated Press-NORC Center for Public Affairs Research.
The poll reveals while 67% of Americans plan to get vaccinated or have already done so, 15% are certain they
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Emory Healthcare Taps Rimidi to Create FHIR-Based Apps for Orthopedic Surgery and Deep Brain Stimulation
What You Should Know:
- Rimidi, a cloud-based software platform that enables personalized management of health conditions across populations, today announced a strategic collaboration with Emory Healthcare to develop new patient and provider-facing FHIR apps.
- Specifically, the apps will create a more collaborative and transparent experience for patients undergoing orthopedic surgery, as well as for those referred to the deep brain stimulation (DBS) program for Parkinson’s and other
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