Rock Health Q1 2019 report reveals digital health funding breaks $986M and signals end of the digital health IPO drought.
Digital health funding reached $986M across 61 digital health deals in Q1 2019, according to Rock Health, a full-service venture fund dedicated to digital health. The Q1 2019 funding represents about half of the $1.62B that was raised a year ago in Q1 2018 but in line with 2017 and 31% below 2016.
Compared to the $1.2B in Q4 2018, quarterly funding has averaged $1.4B
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Hartford HealthCare Taps Innovaccer’s Healthcare Data Platform to Connect Over 70 Ambulatory Practice Sites
Hartford HealthCare, Connecticut’s most comprehensive healthcare network, has partnered with the leading San Francisco-based healthcare data platform company, Innovaccer Inc., to leverage data as a source of innovation in healthcare.Due to the siloed nature of traditional clinical systems, connecting practice sites within a dispersed health system has always been incredibly challenging. As organizations strive to improve efficiency and outcomes, the inability to link systems is proving to be a
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Why AI’s Impact on Healthcare Will Be Far-Reaching Beyond Cost Savings
According to a recent report, the market for artificial intelligence in healthcare was worth over $600 million in 2014. By 2021, this figure is expected to rise by 11 times to $6.6 billion. Healthcare is widely regarded as one of the premier industries destined for AI-led transformation. The reasoning is simple: AI is widely prescribed as an antidote for healthcare’s high costs and an enabler for better health outcomes and experiences.However, the industry has been slow to realize the
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drchrono, Nimblr Partner to Automate Two-Way Texting for Patients and Practices
Mobile EHR provider drchrono, today announced a new partnership with Nimblr, developers of Holly, an Artificial Intelligence (AI) assistant who automates healthcare appointments in sync with a practice’s practice management platform.Holly is the first AI virtual assistant focused on front desk tasks for a physician’s practice, and through its integration with drchrono, will give healthcare providers using the practice management platform two-way conversational texting between practices and its
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Chilmark: Healthcare Analytics Vendors Are Struggling to Exploit New Sources of Data
Analytics vendor solutions have matured; however, vendors are struggling to exploit new sources of data in a rapidly transforming industry, according to the latest report from Chilmark Research. The report, 2017 Healthcare Analytics Market Trends Report, assess critical changes in vendor solutions and how well they map to provider needs. Chilmark finds that analytics solutions and care management applications are more tightly linked now and show promise for moving analytics-derived insights
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Why Applied Artificial Intelligence Is Here to Replace Healthcare Analytics
Editor's Note: Gurjeet Singh, PhD, CEO and co-founder of Ayasdi, an enterprise-grade artificial intelligence platform lets you create intelligent business applications and make fundamental discoveries with big data. The combination of electronic medical records, financial data, clinical data, and advanced analytics promised to revolutionize healthcare. It hasn’t happened. The common excuse is that healthcare wasn’t really prepared for the enormity and complexity of the data challenge and that,
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OM1 Raises $15M to Expand Healthcare Outcome Analytics Platform
OM1(formerly known as Better Outcomes), a Boston, MA-based healthcare outcome analytics company has raised $15M in Series A funding led by General Catalyst with participation from Glikvest, 7wire Ventures and Wanxiang Healthcare Investments. The company plans to utilize the funding to build out its tech platform that leverages big data and artificial intelligence (AI) to provide stakeholders with an analytics platform to have a holistic view and better understanding of real-world healthcare
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Three Cornerstones for Healthcare Analytics Success
Editor's Note: Nora Lissy, RN, BSN, MBA is the Director of Healthcare Information at Dimensional InsightAnalytics plays an important role for many healthcare organizations, from reducing operational costs, optimizing IT systems and infrastructure, and helping clinicians make the best decisions for their patients.Though, for many in the healthcare industry, the problem is that managing a successful analytics program can easily become overwhelming. For starters, analytics either requires a
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NTT Data, Oracle Collaborate to Bring Healthcare Big Data to the Cloud
NTT DATA, Inc. announced the expansion of its existing relationship with Oracle to include end-to-end cloud capabilities for Oracle’s Healthcare Foundation, a unified healthcare analytics platform. The platform provides data integration and warehousing of clinical, financial, administrative and -omics modules in a cloud solution to customers worldwide. The healthcare cloud offering will provide organizations the ability to easily unify, grow or replace their existing healthcare data warehouse
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3 Keys to Achieving Clinically Actionable Precision Medicine for Providers
Oracle’s Jonathan Sheldon shares his perspective on precision medicine and explains how providers can prepare for the transformation that lies ahead.The term personalized healthcare may seem like a buzzword, but it’s real and developing faster than imagined in the form of precision medicine. Using a patient’s genetic profile in conjunction with lifestyle and environmental variables to create individual treatment plans—what could be more personal than that?Thanks to technology, we are starting to
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