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health innovation

TimeDoc Health Secures $48.5M to Scale Virtual Care Management Platform

by Fred Pennic 03/21/2022 Leave a Comment

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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Black Female Co-founders CancerIQ Raises $14M to Improve Cancer Early Detection and Prevention

by Jasmine Pennic 03/03/2022 Leave a Comment

CancerIQ Raises $14M to Improve Cancer Early Detection and Prevention

What You Should Know: - CancerIQ, a Chicago-based platform powering early cancer detection and prevention across broad patient populations, announced today it closed a $14M Series B financing round. - The Series B round was co-led by Merck Global Health Innovation Fund (Merck GHI) and Amgen Ventures with participation from McKesson Ventures, OSF Ventures (the investment arm of OSF HealthCare, a current CancerIQ customer), and HealthX Ventures. Inequality in
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Carta Healthcare Raises $17.3M for AI-Assisted Data Abstraction

by Fred Pennic 04/08/2021 Leave a Comment

Carta Healthcare Raises $17.3M for AI-Assisted Data Abstraction

What You Should Know: - Carta Healthcare, a provider of AI-powered clinical data abstraction technology and services, is pleased to announce a recent $17.3M Series A investment led by Storm Ventures. AI Digital Innovation Fund (affiliated with Mass General Brigham), CU Health Innovation Fund (affiliated with University of Colorado Anschutz Medical Campus), Asset Management Ventures, Maverick Ventures, Healthy Ventures, Waterline Ventures, Seven Peaks Ventures, Katalyst Ventures, and Atypical
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Executive Hires: Walgreens Appoints New CEO, Cityblock Health, Innovaccer, Others

by Jasmine Pennic 02/05/2021 Leave a Comment

Walgreens CEO Rosalind Brewer Steps Down, Interim CEO Appointed

Walgreens appoints Rosalind (Roz) Brewer as the company’s Chief Executive Officer, effective on March 15, 2021. Brewer will also join the WBA Board of Directors upon assuming the role. She succeeds Stefano Pessina who, as previously announced, will transition to the role of Executive Chairman of the Board of WBA. Brewer, 58, will become the first Black woman to lead a Fortune 500 company. Former Livongo President, Jennifer Schneider, has joined Cityblock Health’s Board of
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ATA, Hims & Hers, Others Form Telehealth Equity Coalition to Improve Access to Telehealth Among Underserved Populations

by Fred Pennic 02/02/2021 Leave a Comment

What You Should Know: - . Together with nonprofit, academic, and industry partners, the Telehealth Equity Coalition (TEC) has formed to improve access to quality and affordable healthcare by increasing adoption of telehealth, especially among those who have been left out or left behind. - Founding members of the TEC include Adaptation Health, American Telemedicine Association, BlackDoctor.org, Foley & Lardner, Grapevine Health, Hims & Hers, Howard University Dept. of Community
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MetroHealth System, CareSimple Launch Remote Patient Monitoring Program

by Fred Pennic 01/26/2021 Leave a Comment

What You Should Know: - CareSimple and MetroHealth System announced that they have entered into a strategic remote patient monitoring integration partnership. - Under the terms of the agreement, CareSimple will empower the Cleveland, Ohio public health system with simple, patient-friendly RPM solutions to improve health outcomes for their high-risk senior and chronically ill populations.  The MetroHealth System, a nationally recognized public health care system located in
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Amazon, AstraZeneca, Pfizer, Merck to Build $10M Digital Health Innovation Lab in Israel

by Fred Pennic 12/29/2020 Leave a Comment

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

by Fred Pennic 10/12/2020 Leave a Comment

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

by Fred Pennic 09/16/2020 Leave a Comment

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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Fitbit Awarded Regulatory Clearance in U.S. and Europe for ECG App to Identify AFib

by Fred Pennic 09/14/2020 Leave a Comment

Fitbit Awarded Regulatory Clearance in U.S. and Europe for ECG App to Identify AFib

What You Should Know: - Fitbit has received 510(k) clearance from the FDA, as well as CE marking in the European Union, for its ECG app to assess heart rhythm for atrial fibrillation. The Fitbit ECG App is a simple way people can take an on-the-spot reading of their heart rhythm at any time, including whenever they notice any unusual cardiac symptoms.  - Fitbit Sense is the company’s first device compatible with an ECG app that enables users to take a spot
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