What You Should Know:
- Cedars-Sinai today announced the launch of a new Digital Innovation Platform, a significant initiative aimed at developing transformative solutions for some of the most critical issues facing the U.S. healthcare system.
- The platform will harness Cedars-Sinai's renowned clinical expertise, extensive infrastructure, research capabilities, and vast data resources to build innovative healthcare companies in collaboration with its staff, investors, and the
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Healthcare Innovation | News, Analysis, Insights - HIT Consultant
NYU Langone Health Makes History with Successful Whole-Eye & Partial-Face Transplant
What You Should Know:
- A surgical team at NYU Langone Health performed the world’s first whole-eye and partial-face transplant on a 46-year-old military veteran, Aaron James, who survived a high-voltage electrical accident at work.
- The 21-hour surgery was led by Dr. Eduardo D. Rodriguez, director of the Face Transplant Program at NYU Langone along with a team of more than 140 surgeons, nurses, and other healthcare professionals.. James had lost his left eye and suffered extensive facial
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OXOS Medical Raises $23M to Deliver ”Radiology Department in a Box”
What You Should Know:
OXOS Medical, the MedTech innovator developing simple and safe X-ray solutions, announced a $23 million Series A funding from Parkway Venture Capital and Intel Capital, bringing its total funding to $45 million.OXOS continues to build on its traction across outpatient clinics, the military, the Veterans Administration, sports teams, hospitals, imaging centers, and bioskills labs. To help accelerate the company’s growth, Gregg Hill, Parkway Venture Capital co-founder and
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Hybrid Healthcare and The New Normal: Biggest Adjustments for Healthcare Organizations
The adoption of virtual health has increased dramatically since March 2020, with 150 million telehealth claims in less than two years. Like other revolutionary innovations throughout history, healthcare innovation is necessitated by time — and unmet needs. So many struggled to create virtual care solutions during the pandemic, and many technology companies jumped into the telehealth space because of the unmet needs of patients. But the pandemic era is soon coming to an end, leaving telehealth to
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Digital Health Exec Hires: Transcarent Appoints CMO, Carium, Tegria, Swift Medical, GoCheckKids, Others
Transcarent appoints Dr. Randy Hawkins as Chief Medical Officer (CMO) and will report to Transcarent Chief Executive Officer, Glen Tullman. As CMO, Dr. Hawkins will oversee the organization’s clinical quality initiatives and support the organization’s health analytics strategy.
Swift Medical has appointed Brian Litten as its new Chief Executive Officer effective immediately. Litten brings decades of healthcare leadership experience across health plans, provider organizations, regulatory
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Opioid Settlements are Making Headlines; Is Now The Time to Soften Guidelines?
The United States only represents five percent of the world’s population; however, Americans consume 80 percent of the world’s opioids.1 The U.S. is the world’s leader in the use of opioid medications to cope with physical and emotional difficulties. And the recent Walgreens and Wal-Mart multi-state opioid settlement agreement disclosures have only hammered home the point. America continues to have an opioid addiction problem.
In light of all these circumstances, the recent CDC
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CodaMetrix Raises $55M for AI-Powered, Autonomous Medical Coding
What You Should Know:
- CodaMetrix, an AI technology platform transforming healthcare revenue cycle management, today announced that it closed a $55 million Series A round led by SignalFire. Frist Cressey Ventures (FCV), Martin Ventures, Yale Medicine, University of Colorado Healthcare Innovation Fund, and Mass General Brigham physician organizations also participated in the round.
- The capital injection will accelerate go-to-market with major provider organizations and health systems, as
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Dexcom Ventures Invests in MedCrypt’s Medical Device Cybersecurity Platform
What You Should Know:
- MedCrypt, the proactive cybersecurity solution provider for medical devices and manufacturers, will announce the close of a Series B extension round led by Dexcom Ventures, bringing the company's total to date to $36.4M.
- With support from three major investors, Johnson & Johnson Innovations, Intuitive Ventures, and Dexcom Ventures, MedCrypt continues to lead the way in developing cybersecurity technologies and infrastructure for life-saving medical
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22 Executive Digital Health Predictions to Watch in 2023
Jon Bloom, MD, CEO and Co-founder of Podimetrics
From a digital health perspective, 2022 was a reset year for many and a serious reality check. We went from sky high growth to the sky is falling, and in 2023 I think this market correction movement will continue forward. To me, the biggest surprise of 2022 was that despite the market tanking, digital health companies continued to truck forward with huge deals. This includes massive acquisitions like Amazon and OneMedical, as well as deals like
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Modernizing Data Access: 3 Tips for Securing Patient Data in the Cloud
There is a tremendous amount of data within the healthcare and life sciences industries. According to RBC Capital Markets, the healthcare sector accounts for 30% of the world’s data and is forecasted to grow by a compound annual growth rate of 36% in the next two and half years.
The benefit is that healthcare professionals, organizations, and analysts can use this data to improve the quality, quantity, and accessibility of healthcare. But it also carries great risk. More organizations
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