Years ago, you’d ask your doctor during his house call, “What’s in your black bag?” and you’d get to peek inside.Old Faithful: The Medical “Black Bag”Now that MD has been replaced by a telehealth practitioner who arrives by video. And the “black bag” is virtual, attracting many providers and executives who are beginning to use it. It’s harder to peek in, but a more relevant question is, “How will the new technologies inside drive value-based care for providers and health plan payers alike?”It
Read More
Healthcare Data Analytics
Intermedix Acquires WPC Healthcare to Optimize Revenue Cycle Through Predictive Analytics
Intermedix Corporation, a provider of data analytics and cloud-based technology has acquired healthcare data analytics provider WPC Healthcare. The Nashville, TN-based data analytics company uses machine learning to make predictions about health care conditions providing early notification to health care providers and, ultimately, saving lives while decreasing costs. Financial details of the acquisition were not disclosed. In 2015, Intermedix announced the creation of its analytics business
Read More
Novartis Selects Cota Healthcare’s Data Analytics Platform to Develop Therapies for Breast Cancer Patients
Novartis Pharmaceuticals Corporation has signed a multi-year agreement with Cota Healthcare, a data and technology platform for value-based precision medicine to help improve clinical and cost outcomes for breast cancer patients. As part of this multi-year agreement, Novartis will leverage Cota's research-grade, real-world evidence, web-based analysis and visualization tools, and be supported by Cota's medical, data science, and technology experts. Utilizing the real-world evidence and
Read More
African Hospitals Adopt Artificial Intelligence to Advance Clinical Genomics
Sophia Genetics, a provider of data-driven medicine, today unveiled the list of African hospitals that have started integrating SOPHiA, the company’s artificial intelligence, into their clinical workflow to advance patients’ care across the continent. Medical institutions at the forefront of innovation already using SOPHiA in Africa include:· PharmaProcess in Casablanca, Morocco;· ImmCell in Rabat, Morocco;· The Al Azhar Oncology Center in Rabat, Morocco;· The Riad Biology Center in Rabat,
Read More
Aetion Raises $11.2M for Real-World Evidence Data Analytics Platform
Aetion, a NYC-based healthcare technology company that delivers the real-world analytics and evidence needed for value-based healthcare has raised $11.2 million in Series A funding led by Flare Capital Partners and joined by Lakestar. The company plans to utilize the funding to extend the capabilities of its real-world evidence platform, as well as expand and commercialize its solutions for the benefit of the healthcare ecosystem. The platform enables payers and providers to collaborate in
Read More
Arcadia Healthcare Solutions Raises $30M to Expand Data Analytics Platform
Burlington-based Arcadia Healthcare Solutions has raised $30 million in capital growth from the Merck Global Health Innovation Fund, GE Ventures, and existing investors Peloton Equity, Zaffre Investments, and Morgan Stanley Alternative Investment Partners. The EHR data aggregation/analytics company will utilize the funding to to accelerate its robust product development plans in the core Arcadia Analytics platform and expand population heath management market activities.Founded in 2002, the
Read More
3 Trends Driving Healthcare Data Analytics Over The Next 3-5 Years
The road to improving healthcare is paved with analytics, but where exactly will all that data take providers? LexisNexis Health Care’s Jeff Klein shares his insights.Data—it’s the undeniable force disrupting and changing everything in healthcare. Still, the question remains: how will investing in HIT to make use of all that data pay off for providers? Well, for one thing, it will prevent providers from having to pay the ultimate price of doing nothing. However, not just any old data platform
Read More
SHYFT Analytics Lands $12.5M Backed by McKesson Ventures, Medidata
SHYFT Analytics, a provider of cloud data and analytics for the global life sciences industry has raised $12.5 million in Series B funding. SHYFT Management opted for an all strategic collaboration, which included investments from McKesson Ventures, Medidata Solutions and other healthcare and technology industry leaders. SHYFT will use the investment to continue its rapid growth and expansion and further advance its leading healthcare cloud analytics platform. Existing investors, Health
Read More
