While we may consider health largely a private concern in the United States, our nation depends on the continuity and availability of its healthcare system in a very public way, as evidenced by the current coronavirus outbreak. Our critical healthcare infrastructure is vulnerable at this time, no doubt, but it truly has been inspiring to see doctors, scientists, and other industry professionals from around the world come together to stop the spread of COVID-19. To fend off exploitative
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Intellectual Property
TeraRecon Acquired by SymphonyAI: What is the Impact for Medical Imaging Market?
On the 4th March 2020, TeraRecon announced it had signed an agreement to be acquired by the SymphonyAI Group. Here are the facts of the deal, followed by our take on the potential impact on the medical imaging market:
- The terms of the deal were not disclosed and TeraRecon will continue to operate business as usual. However, it will benefit from greater financial backing and the synergistic technologies from other companies in the Group’s portfolio.
- TeraRecon is an Advanced
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DrChrono EHR, Cognition IP Partner to Process 5 Machine Learning-based Patents
- DrChrono partners with Cognition IP to draft and file 5 new patent applications related to the company’s core technologies on machine learning.
- DrChrono patents aimed at helping physicians interact with data via machine learning algorithms in its open healthcare platform.
DrChrono Inc., the company developing the
essential platform and services for modern medical practices to make care more
informed, more interactive, and more personalized, partnered with Cognition
IP, a law firm
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MedAnswers Raises $5M for Scientifically, Clinically Validated FertilityAnswers App
MedAnswers, a health tech company has raised $5 million in seed round funding led by Special Situations’ Life Sciences Innovation (LSI) Fund, managed by David Sable, with Viking Global Investors also participating. MedAnswers is leveraging technology, genetics and other health data to match those struggling to conceive to a curated network of fertility experts and solutions to help users conceive faster. The company is a graduate of the 7th cycle of Illumina Accelerator. FertilityAnswers AppThe
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How A Hybrid Cloud Fax Solution Protects Patient Health Information
Electronic health and medical records (EHRs) enhance the patient experience and improve care coordination, but they can also put patients and providers at risk if they are not protected. Security vulnerabilities can arise from communicating via unsecured channels such as email and can result in data breaches, compromised patient records, and even identity theft. As medical records contain personal information such as social security numbers and insurance ID numbers, they are often even more
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Remote Enablement Adoption: The Key to Reshaping Patient Monitoring
The healthcare industry is facing significant pressures around costs and outcomes as it shifts to a value-based care model. To alleviate these concerns, hospitals are looking to technology to help. Over the years, technology has significantly evolved with more connectivity, advanced algorithms and introduction of machine learning and AI. These advancements have greatly improved efficiencies and outcomes in the healthcare industry, yet, along with these benefits, technology also brings a concern
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StartUp Health Adds 11 New Startups to Army of Healthcare Transformers
StartUp Health, a platform where health transformers, partners, customers, investors, patients, and caregivers connect and accelerate the progress of the health moonshots.Here is a look at the 11 new members of Startup Health’s global army of healthcare transformers:1. Cityblock Health: Iyah Romm (Co-Founder & CEO)Cityblock is a Brooklyn, NY-based company building sustainable, scalable systems that provide high-quality, cost-effective care for underserved populations with complex health
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Mayo Clinic, ASU Unveils Six Digital Health Startups for Inaugural MedTech Accelerator Cohort
The MedTech Accelerator, a collaborative effort between Mayo Clinic and Arizona State University has announced the selection of six digital health startups for its inaugural cohort. The MedTech Accelerator provides medical device and healthcare IT early-stage companies with personalized business development plans to collaborate with Mayo Clinic and ASU and accelerate go to market and investment opportunities. Benefits of Accelerator for Selected StartupsThe immersive experience will help
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Mercom: Global Digital Health/Health IT VC Funding Tops $2B in Q1 2019
Global venture capital (VC) funding in digital health/health IT, including private equity and corporate venture capital, reach $2 billion in funding in Q1 2019, according to market research firm Mercom Capital. The Q1 2019 Digital Health (Healthcare IT) Funding and M&A Report reveals $2B in funding across 149 deals compared to $1.4B across 142 deals in Q4 2018. VC funding in Q1 2019 was down 19% compared to the same quarter of last year (Q1 2018) when nearly $2.5 billion was raised in 187
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Where’s the Evidence? Barriers to Analyzing Digital Health’s Impact
The digital health industry continues to grow at an unprecedented rate. In 2018, venture funding for digital health companies approached a record $8.1B in funding, according to Rock Health. These companies are striving to address important healthcare issues by developing products and service offerings in various categories like genome sequencing, analytics, telemedicine, mobile apps, and population health management tools—all with the promise of increased insights and patient engagement, and
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