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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Healthcare Innovation | News, Analysis, Insights - HIT Consultant
Banner Health, WellSpan, Others Invest in Virtual Maternity Care Platform Babyscripts
What You Should Know: - Virtual maternity care platform Babyscripts announced a
new round of investments from Banner Health, CU Healthcare Innovation Fund, The
Froedtert & Medical College of Wisconsin Health Network, and WellSpan
Health - Using internet-connected devices for remote monitoring,
Babyscripts offers risk-specific experiences to allow providers to manage up to
90% of pregnancies virtually, allowing doctors to detect risk more quickly and
automate elements of
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Israeli Digital Health VC Firm OTV Closes $170M Venture Fund
What You Should Know: - OTV (formerly Olive Tree
Ventures), Israel’s ‘digital health first’ venture capital firm closes $170
million venture fund to support innovative digital health companies worldwide. - OTV also announced today a new China
office and the appointment of Jose Antonio Urrutia Rivas as Head of Asia
Pacific. OTV (formerly Olive Tree Ventures), Israel’s ‘digital health first’ venture capital firm, today announced the closing of a fund with a total value of
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Recent Executive Hires: CVS Health New President, Cleveland Clinic/Amwell Joint Venture Leadership, Others
CVS Health Corporation names Neela Montgomery Executive Vice President and President of CVS Pharmacy/Retail, effective November 30, 2020. Montgomery will oversee the company's 10,000 pharmacies across the United States. Montgomery, currently a Board Partner at venture capital firm Greycroft, most recently served as chief executive officer of furniture retailer Crate & Barrel and has nearly 20 years of global retail experience. The Cleveland Clinic and Amwell joint venture appoint
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Microsoft Launches Dedicated HealthTech Startup Program in India
What You Should Know: - Microsoft launches a dedicated HealthTech Startup Program and partners with startup incubator Social Alpha to accelerate the growth of healthtech startups in India. - Selected startups into the program will benefit from
focused healthcare industry teams, co-innovation and collaboration, and
Microsoft AI for healthcare. Today, Microsoft has announced the launch of a
dedicated healthtech
startup program to drive healthcare innovation in India. India faces
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Tampa General to Launch Healthcare Innovation Venture Fund in Q1 2021
What You Should Know: - Tampa General Hospital announces its plan to launch a new
healthcare innovation venture fund to improve the quality and access to care
across the Tampa/St. Pete metro area in Q1 2021. - Through TGH InnoVentures, Tampa General will partner
with Embarc Collective, Tampa Bay's innovation hub and education nonprofit
dedicated to helping startups grow into scalable, thriving businesses. Today, Tampa General Hospital
President and Chief Executive Officer John
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Johnson & Johnson Innovation Launches 3 Collaborations to Advance Healthcare in China
What You Should Know: - Johnson & Johnson Innovation announces three strategic
collaborations with a focus on advancing healthcare solutions in China. - The three strategic collaborations are focused on leveraging advances in science and technology to address areas of high unmet medical need across several areas, including discovery science, lung cancer, and medical devices Johnson & Johnson Innovation, a division of Johnson & Johnson (China) Investment Limited, today
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Intuitive Launches $100M Venture Fund to Accelerate Future of Minimally Invasive Care
What You Should Know: - Technology leader Intuitive forms $100M
inaugural fund to invest in the future leaders of minimally invasive care. - The venture fund will invest in innovative early-stage companies across digital, medical device, therapeutic, and diagnostic domains. that will support independent initiatives in the direct and adjacent fields of minimally invasive care. Intuitive,
a Sunnyvale, CA-based technology leader in minimally invasive care and the
pioneer of
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Holy Name, Sheba Medical Center Partner to Develop Digital Health Solutions
What You Should Know: - Holy Name Medical
Center based in New Jersey and Israel’s Sheba Medical Center, the largest
medical center in the Middle East announced a strategic partnership to develop
digital health and telehealth solutions, The
Times of Israel reports. - As part of the partnership, Holy Name’s team will Sheba’s ARC (Accelerate, Redesign, Collaborate) Innovation
Center with the focus of identifying clinical needs and developing
solutions to medical challenges. - ARC
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Humana Taps Cohere Health to Modernize Prior Authorizations for Musculoskeletal Treatment
What You Should Know: - Cohere Health partners with health insurer Humana to modernize
the prior authorization process for musculoskeletal treatment across 12 states. - In addition, the company has closed an additional $10M
in funding led by Flare Capital Partners and Define Venture, bringing the
company’s total funding to $20M. Health insurer Humana has signed an agreement with healthcare collaboration company Cohere Health to improve the prior authorization process for
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