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Healthcare Innovation | News, Analysis, Insights - HIT Consultant

HealthQuest Capital Closes $440M Fund to Invest in Innovative Growth-Stage Companies

by Fred Pennic 04/03/2019 Leave a Comment

HealthQuest Capital Closes $440M Fund to Invest in Innovative Growth-Stage Companies

HealthQuest Capital, a Silicon Valley-based growth capital firm has closed a $440 million fund to invest growth-stage companies delivering innovation across all sectors of the healthcare industry to improve patient outcomes, enhance efficiency and reduce costs. Fund III was oversubscribed and closed at a hard cap. Target markets for Fund III include growth- and commercial-stage companies focusing on medical technologies, diagnostics, digital health, and innovative services.HealthQuest Capital
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Research: Doctors More Likely to Prescribe Therapies Using EMR Dashboards

by Fred Pennic 04/01/2019 Leave a Comment

Research: Doctors More Likely to Prescribe Therapies Using EMR Dashboards

Purely educating doctors about the importance of prescribing certain therapies may not be enough to make a meaningful impact, according to a new Penn Medicine study published in the Joint Commission Journal on Quality and Patient Safety. Using acid suppression therapy--an effective method of reducing the risk of gastrointestinal bleeding in vulnerable cardiac patients--Penn researchers tested interventions that utilized both education and an EMR dashboard to provide doctors with up-to-date
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CMS Launches $1.65M Artificial Intelligence Health Outcomes Challenge

by Fred Pennic 03/29/2019 Leave a Comment

CMS Launches $1.65M Artificial Intelligence Health Outcomes Challenge

This week, the Centers for Medicare & Medicaid Services (CMS) announced the launch of their first-ever Artificial Intelligence Health Outcomes Challenge. The three-stage competition accelerates artificial intelligence (AI) solutions to better predict health outcomes such as unplanned hospital and skilled nursing facility admissions and adverse events for potential use by the Innovation Center in testing innovative payment and service delivery models under the authority of section 1115A of
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Mount Sinai Launches Institute for Digital Health to Improve Health Outcomes

by Fred Pennic 03/29/2019 Leave a Comment

Mount Sinai and Hasso Plattner Institute Launches Digital Health Institute

The Mount Sinai Health System (MSHS) and the Hasso Plattner Institute (HPI) are teaming up to launch the Hasso Plattner Institute for Digital Health at Mount Sinai with the goal to develop digital health products with real-time predictive and preventive capabilities that empower patients and health care providers and improve health and health outcomes. Together, the new institute brings together industry leaders with combined expertise in health care delivery, health sciences, biomedical and
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CHLA Innovation Studio Launches Gamifying Pediatrics Hackathon

by Jasmine Pennic 03/27/2019 Leave a Comment

Gamifying Pediatrics Hackathon

The Innovation Studio at Children’s Hospital Los Angeles (CHLA) is launching the first-ever Gamifying Pediatrics Hackathon taking place April 12-14, 2019 at BCG Digital Ventures (BCGDV), the global corporate venture and incubation arm of the Boston Consulting Group. By bringing together physicians and nurses on the front lines of pediatric medicine with engineers, developers, and experts in virtual reality (VR), augmented reality (AR) and gaming, the Hackathon’s aim is to encourage development,
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HLTH, Boston Children’s Partner to Explore Impact of Voice Technology in Healthcare

by Fred Pennic 03/21/2019 Leave a Comment

HLTH, Boston Children’s Partner to Explore Impact of Voice Technology in Healthcare

HLTH, a conference focused on health innovation, today announced a partnership with Boston Children's Hospital to explore the impact of voice technology in healthcare. As part of the partnership, HLTH will feature a Voice.HLTH track, a voice hackathon as part of HACK/HLTH and a showcase exploring the impact of voice technology in healthcare.The Voice Technology in Healthcare Initiative, born out of Boston Children's Hospital Innovation & Digital Health Accelerator, seeks to accelerate the
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Hackensack Meridian Health Expands $25M Healthcare Innovation Program to all Network Hospitals

by Fred Pennic 03/20/2019 Leave a Comment

Hackensack Meridian Health Expands Healthcare Innovation Program to all Network Hospitals

  Hackensack Meridian Health, New Jersey’s largest and most integrated health network is expanding their healthcare innovation program, Bear’s Den, to all hospitals to encourage the network’s 34,000 team members to bring forth their best ideas to transform care delivery and enhance patient satisfaction.   Bear's Den Overview   Launched in 2017, Bear’s Den features a panel of experts, including CEO Robert C. Garrett, leading physicians, key network executives, venture capitalists,
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Cedars-Sinai Selects Alexa for Smart Hospital Room Pilot to Enhance Patient Experience

by Jasmine Pennic 02/25/2019 Leave a Comment

Cedars-Sinai Selects Alexa for Smart Hospital Room Pilot

Los Angeles-based health system Cedars-Sinai, today announced a new smart hospital room pilot that will allow patients to use an Alexa-powered platform known as Aiva to interact hands-free with nurses and control their entertainment. The aim of the pilot project is to move patient interaction into the 21st century when hospital rooms will need more intelligence and convenience to accommodate changing patient needs."Patients young and old are now used to voice-activated devices in their homes.
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Providence Ventures Closes $150M Fund to Foster Healthcare Innovation

by Fred Pennic 01/09/2019 Leave a Comment

Providence Ventures Closes $150M Fund to Foster Healthcare Innovation

Providence Ventures, the Venture capital arm of Providence St. Joseph Health (PSJH) has announced a second $150 million healthcare venture capital and growth equity fund. Founded in 2014, Providence Ventures manages $300 million in venture capital funds on behalf of Providence St. Joseph Health (PSJH), the nation's third-largest health system.  Providence Ventures Second Health Fund Focus AreasProvidence Venture's investment strategy is focused on identifying the best opportunities that align
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LSU Health New Orleans Joins Vantedge Ventures to Support Physician-Led Innovation

by Jasmine Pennic 10/29/2018 Leave a Comment

LSU Health New Orleans Joins Vantedge Ventures to Support Physician-Led Innovation

LSU Health New Orleans announced that it has joined Vantedge Venture's Innovation Alliance (VIA), a collective of health systems seeking to innovate and create physician-led innovation developed by their network of clinicians and physicians. The Alliance will help LSU Health New Orleans Office of Technology Management vet and validate the commercial viability of inventions of LSU Health New Orleans clinical physician-scientists. As part of the alliance, Vantedge Ventures Fund will work with
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