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Healthcare Innovation | News, Analysis, Insights - HIT Consultant

Recent Executive Hires: CVS Health New President, Cleveland Clinic/Amwell Joint Venture Leadership, Others

by Fred Pennic 11/25/2020 Leave a Comment

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

by Fred Pennic 11/19/2020 Leave a Comment

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

by Fred Pennic 11/06/2020 Leave a Comment

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

by Fred Pennic 11/06/2020 Leave a Comment

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

by Jasmine Pennic 10/29/2020 Leave a Comment

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

by Fred Pennic 10/23/2020 Leave a Comment

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

by Fred Pennic 10/22/2020 Leave a Comment

Cohere Health Launches with $10M to Increase Transparency Across Care Journey

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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Geisinger, OSF, Presbyterian Double Down on Digital Transformation with AVIA

by Jasmine Pennic 10/14/2020 Leave a Comment

Geisinger, OSF, Presbyterian Double Down on Digital Transformation with AVIA

What You Should Know: - AVIA, a healthcare innovation network comprised of 50+ health systems and other healthcare stakeholder groups, today announced that Geisinger, Presbyterian Healthcare Services, and OSF HealthCare have renewed or expanded their partnerships with the organization to accelerate digital transformation within their individual systems. - While hospital spending has steeply declined due to the COVID-19 pandemic, today’s announcement indicates that AVIA Members value
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Cleveland Clinic Names Top 10 Medical Innovations For 2021

by Jasmine Pennic 10/08/2020 Leave a Comment

Cleveland Clinic Names Top 10 Medical Innovations For 2021

Cleveland Clinic’s top clinicians and researchers present the top 10 medical innovations transforming medical advancements and new awards to recognize healthcare innovation. The list of breakthrough technologies was selected by a committee of Cleveland Clinic subject matter experts, led by Will Morris, M.D., executive medical director for Cleveland Clinic Innovations, and Akhil Saklecha, M.D., managing director of Cleveland Clinic Ventures. Here is a look at the top 10 medical
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Backed by Kaiser, Osso VR Raises $14M for VR Surgical Training Platform

by Jasmine Pennic 09/21/2020 Leave a Comment

Led by Kaiser, Osso VR Raises $14M for VR Surgical Training Platform

What You Should Know: - Osso VR raises $14M in Series A funding led by Kaiser Permanente Ventures (KPV) to expand its virtual reality (VR) surgical training platform. - Using immersive VR technology, Osso VR’s scalable platform offers a realistic, hands-on training environment that leads to real-world performance gains and ultimately improved patient outcomes. Osso VR, a Palo Alto, CA-based validated Virtual Reality (VR) surgical training platform, today announced it has raised $14M
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