What You Should Know:
- Ubie, Inc., a Tokyo-based healthcare startup, announced it has closed its Series C round at $45M by raising $19M in an extension round. The new funding will enable Ubie to accelerate its growth and strengthen its presence in the U.S., following strong interest and traction in that market. To date, Ubie has raised $76 million in total.
- With AI as its core technology, Ubie provides AI symptom checker Ubie as the gateway to medical care. It will also focus on
Read More
interview
PE Firms Rebrand Prison Healthcare Companies, But Care Issues Continue
What You Should Know:
- A new report, “Private Equity Firms Rebrand Prison Healthcare Companies, But Care Issues Continue,” by the Private Equity Stakeholder Project (PESP) focuses on healthcare company Wellpath and the regulatory risks that the company continues to take in local jails and prisons.
- Wellpath is owned by private equity firm H.I.G. Capital and is among the largest healthcare companies serving U.S. prisons and jails. Wellpath has had a litany of staffing and access to
Read More
Specialty Pharma’s Next Big Opportunity: It’s Time for Patient Access to Adopt an Open Protocol
In January 2020, the financial conglomerate Visa announced it was acquiring a relatively unknown startup, Plaid, for $5.3 billion. Corporate acquisitions like these are not uncommon, but someone at the United States Department of Justice took notice of this announcement. Visa had established a stranglehold on financial transactions. The Justice Department moved to stop the acquisition on grounds that Plaid posed “a threat to this monopoly: it has been developing an innovative
Read More
Suki Releases Mini-Doc on Physician Burnout Challenges and Solutions
What You Should Know:
- Suki, a voice artificial intelligence (AI) technology company for healthcare, announced the release of a mini-documentary that features the real-life challenge of a family physician facing burnout and how a voice assistant helped alleviate the negative impact of administrative burden.
- “From Burnout to Balance” is an intimate view into Dr. Elizabeth Goff’s struggles with work-life balance and how the use of a voice assistant provided the margin needed to keep
Read More
Mount Sinai Develops Employee Health Contact Tracing Database to Mitigate COVID-19 Spread
What You Should Know:
- Mount Sinai researchers have developed an Employee Health COVID-19 REDCap Registry to address the need for contact tracing and agile exposure investigations to mitigate the spread of COVID-19 among hospital staff.
- Employee Health COVID-19 REDCap Registry is a cloud-based digital framework using the Research Electronic Data Capture web application—to track and reduce the spread of the virus across the Mount Sinai Health System including 8 hospitals and more than
Read More
Clinical Reasoning Tool Proves Better Than Symptom Checkers, Study Shows
What You Should Know:
- Kahun, an evidence-based clinical reasoning tool for physicians, announces the publication in the International Journal of Medical Informatics (IJMI) of a first-of-its-kind study assessing the data-gathering function of currently available chatbot symptom-checkers. Out of eight symptom-checkers—K Health, Babylon, ADA, Buoy, Kahun, Mediktor, Symptomae, and Your.MD.
- Kahun demonstrated the best overall performance in finding the most pertinent
Read More
Kahun Secures $8M for Clinical Reasoning Engine
What You Should Know:
- Kahun, an evidence-based clinical reasoning tool for physicians, raises $8 million in a seed funding round led by LocalGlobe with the participation of European Innovation Council (EIC) Fund as part of the EIC Accelerator program and The Founders Kitchen (TFK).
- Kahun will leverage the funding to continue building the largest ever map of evidence-based medical knowledge powered by AI. The funds will be used to continue adding new sub-specialties beyond primary
Read More
Japanese Startup Ubie Secures $26M for AI-Powered Symptom Checker
What You Should Know:
- Ubie, a Japan-based digital health startup raises $26.2 M in Series C funding to bring unprecedented medical experience by strengthening partnerships with pharmaceutical companies in Japan and the US.
- Led by a team of talented developers and medical doctors, Ubie uses a machine-learning algorithm and offers Ubie AI Symptom Checker, allowing patients to check on their symptoms and determine the next appropriate course of action for free.
AI-Powered Symptom
Read More
Connecticut Abandons $20M Health Information Exchange They Built In-House
What You Should Know:
- In 2017, the University of Connecticut created a new unit called UConn Analytics and Information Management Solutions—UConn AIMS for short—to do the work of planning its health information network.
- Today, UConn AIMS is out of business, 20 people are out of jobs and the system developed for Connie at the cost of about $20 million has been discarded and dismantled.
An Abandoned Health Information Network Worth $20M
The effort to create a Connecticut health
Read More
Axuall’s CEO Talks Why Health Administrators Should Adopt Robotic Process Automation
Axuall’s CEO & Founder, Charlie Lougheed shares why health administration teams should embrace the power of robotic process automation (RPA).
Built with leading healthcare systems, Axuall is a workforce intelligence company powered by a national real-time practitioner data network. The technology enables healthcare systems, staffing firms, telehealth, and health plans to dramatically reduce onboarding and enrollment time while also providing unique, powerful data insights for network
Read More
