Lumiata raises $11M from Khosla Ventures, BlueCross BlueShield Venture Partners, and Intel Capital to fuel transformation of healthcare across insurers, providers and employers through predictive analytics. Lumiata, a San Mateo, CA-based provider of AI-powered health analytics for managing cost and risk, today announced it has raised $11 million in funding co-led by Khosla Ventures and BlueCross BlueShield Venture Partners. The investment was secured under the leadership of Dilawar Syed, who was
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Healthcare Data Analytics
The 3 F’s for Care Innovations— Flow, Feasibility, Flexibility
Recently, I came across a story on a high-end care facility situated in Philadelphia. The said center was equipped with highly advanced machines, served high-income patients, and their services were fairly ‘integrated.’ A patient could visit a PCP on one floor and get diagnostic imaging done on another. However, any two systems did not connect. An X-ray image had to be first printed, faxed, and then again scanned in the physician’s desktop— taking a fair amount of time, and image quality was
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5 Key Components of A Results-Driven AI Platform for Hospitals and Health Systems in the Era of Value-based Care
Value-based reimbursement is forcing hospitals and health systems to reduce costs and to improve outcomes. Whether they are trying to manage population health or to improve clinical pathways in hospitals, healthcare organizations need a way to understand and harness the huge amounts of data that could potentially be applied to achieving these goals. Artificial intelligence (AI) systems offer an approach that can derive actionable insights from large, complex datasets at the scale required by
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Innovaccer Launches InGraph to Transform Healthcare Analytics
To assist organizations facing the challenge of fragmented data and limited insights, Silicon Valley-based Innovaccer today announced the launch of their Population Health and Networks Analytics Solution, InGraph today. Built on our healthcare data platform, InGraph provides holistic population health and network analyses and offers a strong foundation to power efficient care management and cost-effective quality improvement.Efforts to improve care for a population or system have driven care
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Protenus Lands $11M to Expand AI-Driven Compliance Analytics Platform
Baltimore, MD-based Protenus, a provider healthcare compliance anlaytics has raised $11 million in Series B funding co-led by F-Prime Capital Partners and Kaiser Permanente Ventures, with participation from Arthur Ventures, Lionbird Venture Capital, and Cognosante Ventures. The company plans to use the funding to accelerate sales and customer support hiring, as well as R&D to expand platform capabilities.Founded in 2014, the Protenus platform makes an analytical assessment of every digital
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Healthcare Data Tsunami: Organizing Data in the Internet of Things Age
If you’re of a certain age, you had the opportunity to experience life before the Internet – the days before email, Facebook, and online shopping. If you wanted to send a note to your old buddy from high school, you’d pen a letter, stick a 15-cent stamp on an envelope and drop it in the mail. You might make a few purchases from a mail-order catalog, but do most of your shopping at a brick-and-mortar store.The Internet allows us to find just about everything we’ve ever wanted within one or two
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10 Trends You Can Expect from Healthcare in 2018
With 2017 almost in the rear-view mirror, it is time to look forward to 2018 and how healthcare will evolve in this year. The last year has been an eventful one for healthcare, from the uproar in healthcare regulations to potential mega-mergers. Needless to say, it’s a time of transition, and healthcare is in a very fluid state- evolving and expanding. There are certainly going to be new ways to keep healthcare providers and health IT pros stay engaged and excited, and here are our top 10
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Truveris Raises $25M for Data-Driven Platform to Transform Prescription Benefits Ecosystem
Truveris, a provider of cloud-based data analytics solutions for the prescription benefits industry has raised $25 million in Series D funding led by McKesson Ventures, and included Canaan Partners, New Leaf Venture Partners, Tribeca Venture Partners, and New Atlantic Ventures. The company plans to use the latest round of funding to advance the company’s data and insights capabilities, which help manage rising prescription drug costs.Founded in 2009, Truveris aggregates data and insights from
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Why Data Governance Is The Backbone to Artificial Intelligence’s Potential
A recent contributor to HIT Consultant made a bold, yet not too far fetched statement about the data analytics space. He noted that applied artificial intelligence (AI) is here to stay, and that the more common form of healthcare analytics will slowly but surely be replaced. For a quick IT lesson, applied AI refers to the intersection of artificial intelligence and machine learning, where the best of human intelligence is brought together with the best of computing capabilities.Related: Why
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Accenture, Roche to Develop Data-Driven Analytics Platform for Diabetes Patients
Accenture is collaborating with Roche to develop a data-driven core analytics platform for Roche’s digital diabetes ecosystem. Under the terms of a five-year agreement, the new platform will be built on the Accenture Intelligent Patient Platform and offered to diabetes patients across North American, Europe and Asia, will allow Roche to gather and analyze data in a secure environment, generate new patient insights, and easily collaborate and integrate with its ecosystem partners and devices. At
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