What You Should Know: - In a downtrodden market climate, things don’t need to feel doom and gloom, according to Rock Health’s Annual 2022 digital health funding report. 2022 was a necessary reminder that investment is cyclical and that strong players build resilience in weathering funding climate changes. - Analysts expect that 2023 will be built up on slow, steady, and maybe even boring strategies for healthcare startups and enterprises alike: managing cash, restructuring to accommodate
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Digital Health Innovation
Q/A: Podimetrics CEO Talks Preventing Diabetic Amputations
Diabetes prevention is one of the biggest challenges in the healthcare industry as more than 37 million Americans (11.3% of the population) suffer from this debilitating chronic disease. As we close the year out, we sat down with Jon Bloom, MD, CEO and Co-founder of diabetic healthcare tech company Podimetrics to learn how the industry and his company are working to implement health equity change to serve patients living with advanced diabetes. The company’s FDA-cleared SmartMat provides a
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HLTH22 Day 1 News Summary: Google, Maven, Highmark, LG, Others
Venture Capital, Private Equity Funding Maven Clinic Secures $90M to Advance End-to-End Family Care Platform Maven Clinic, the largest virtual clinic in women’s and family health raises $90 million Series E funding bringing its total funding to $300M. Maven plans to use the latest round of funding to advance its end-to-end family care platform to enable deeper personalization to meet the diverse needs of women and families everywhere. Curavit Raises $5M for Digital Therapeutics
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HLTH22: LG Launches Virtual Care Solution with Amwell to Address Hospital Workforce Shortages
What You Should Know: - Global innovator LG Electronics announced its first joint solution with digital healthcare enablement leader Amwell®, designed to expand the boundaries of digital health innovation and address a major issue faced by hospitals across the country – workforce shortages. - Showcased at HLTH 2022, a Carepoint™ TV Kit, by LG and powered by the Amwell Converge™ platform, leverages existing LG healthcare TVs in patient rooms to allow providers to remotely engage,
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Quality vs. Quantity: The Case for Clinician-Centric Technology
Care providers continue to face mounting pressures – from increasing staffing shortages to balancing patient needs across in-person and virtual settings and managing pent-up patient demand. Rather than navigating through fragmented digital solutions that feed care providers disparate data, more and more clinicians now rely on connected technology to access the care context, i.e. the right patient data translated into reliable actionable insights at the right point in their workflow. To truly
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TimeDoc Health Secures $48.5M to Scale Virtual Care Management Platform
What You Should Know: - TimeDoc Health, a Chicago-based provider of virtual care management activation, today announced it has closed a $48.5M Series B round led by Aldrich Capital Partners. - Founded in 2015, TimeDoc Health partners with PCPs and healthcare organizations to automate record-keeping for clinician/patient interactions (in-person and virtual), sending the reports to CMS for reimbursement. - During the pandemic, the company has been instrumental in helping providers
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Amazon, AstraZeneca, Pfizer, Merck to Build $10M Digital Health Innovation Lab in Israel
What You Should Know: - Pfizer, AstraZeneca, Merck, and Teva, and Amazon Web Services (AWS) has been selected by the Israel Innovation Authority to establish an innovation lab in the fields of digital health and computational biology. - The innovation lab located in the Rehovot Science Park will receive a government budget of $10M over the next five years and is slated to start operations in 2021. Pfizer, AstraZeneca, Merck, and Teva, as well as the Israel Biotech Fund and tech
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UCSF, Fortanix, Intel, Microsoft Team Up to Accelerate Development of Clinical AI Algorithms by 1000X
What You Should Know: - UCSF, in partnership with Fortanix, Intel, and Microsoft, will announce BeeKeeperAI, a Privacy-Preserving Analytics Platform that will accelerate the development of clinical AI algorithms by 1000X (from 30 months to 1 day). - This will help get life-saving clinical applications to all patients faster, such as predicting the need for blood transfusions or detecting tumors on X-rays, while maintaining patient privacy using Confidential Computing technology. UC
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Redox Interoperability Platform Now Available in AWS Marketplace
What You Should Know: - Today, Redox announced the availability of the Redox EHR Integration in AWS Marketplace. Now, healthcare providers and vendors can access the largest package of pre-built EHR integrations and achieve value from applications more quickly and easily. - The digital transformation of healthcare has gained momentum this year, and AWS is one of many tech giants working to spur innovation in healthcare. AWS Marketplace is a platform that helps healthcare organizations
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Siemens Healthineers and Geisinger Ink 10-Year to Drive Digital Health Innovation
What You Should Know: -Siemens Healthineers and Geisinger announced a 10-year agreement to drive digital health collaborations, including artificial intelligence-enabled applications. - The partnership will make better health easier throughout Pennsylvania and in all communities that Geisinger serves. Siemens Healthineers and Geisinger have established a 10-year Value Partnership to advance and support elements of Geisinger’s strategic priorities related to continually improving
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