Artificial Intelligence (AI) will disrupt healthcare's destiny for good. Here are five steps digital health startups can take to find the premier talent to get the job done. Not too long ago, AI was the topic of futuristic movies. What was once a fictional draw at the Box Office is now a reality in offices worldwide. AI is everywhere and rapidly transforming the way we work. What remains scarce though is the technical talent in healthcare to see this tech revolution through. AI
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Life Sciences - Pharma | News, Analysis, Insights - HIT Consultant
ARTIS Ventures Announces 2021 Class of Healthcare and Life Sciences Fellows
What You Should Know: - ARTIS Ventures (“AV”), a venture firm focused on pioneering investments in biotech, health, and life sciences, today announced the candidates chosen for the AV Fellows program. The year-long program includes a diverse group of nine fellows from across the world, chosen from more than 150 applicants currently enrolled in a Ph.D. or MD program (or postdoc/residency) with technical expertise ranging from computational biology, synthetic biology, microbiome engineering,
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Qualio Secures $50M for Quality Management System Platform for Life Sciences
What You Should Know: - Qualio — the trusted cloud quality management system software for the entire life sciences ecosystem announced their $50M Series B funding round led by Tiger Global. Menlo Ventures also joined this round, alongside the following current Qualio investors: Frontline Ventures, MHS Capital, Operator Partners, Sorenson Ventures, and Storm Ventures. - This latest round of funding will support Qualio’s efforts to expand accessibility of their electronic quality management
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Komodo Health Launches Next-Gen AI to Accelerate Innovation and Close Gaps in Care
What You Should Know: - Today, Komodo Health is capping off a month-long flurry of activity by announcing the launch of its Prism and Sentinel solutions — opening up access to its Healthcare Map to drive the next generation of AI innovation. - Prism and Sentinel allows life sciences teams to tap into detailed patient behaviors and treatment patterns based on the real-world patient journeys of more than 325 million patients. The breakthrough software also allows life sciences teams to
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Q1 2021 Health IT/Digital Health PC/VE, M&A, IPOs/ SPACs Activity
The first quarter of 2021 has been one of investor optimism as the vaccine rollout continues ahead of expectations and economic activity begins to accelerate in response. Within the Health IT industry, the already strong investment and M&A trends seen in 2020 have only accelerated. Over the course of the quarter, we observed $7 billion in private equity and venture capital investment across 158 companies. By comparison, Q1 of 2020 saw $3.2 billion and 127 investments. Health IT
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Why the Digital-First, Patient-Centered Care is Critical to Healthcare
In the turmoil of one of the hardest years the healthcare industry has experienced, many healthcare organizations innovated nearly overnight, transforming bedside tablets into virtual care providers and parking garages into field hospitals. Through the help of agile, flexible technology, healthcare has empowered providers to support patient care anywhere. The pandemic created a tipping point: The healthcare industry must accelerate its drive toward a digital-first mentality.
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Dedalus Completes Acquisition of DXC’s Provider Healthcare Business – M&A Analysis
What You Should Know: Last week saw Dedalus complete the purchase of DXC’s healthcare provider business for $450M, a deal that was originally announced in July 2020. - DXC was created in 2017 via the merger of CSC and the Enterprise Services business of Hewlett Packard Enterprise (HPE) - Dedalus has been through a rapid acquisition program over the last ten years acquiring a majority position with France-based Medasys/Noemalife in 2016 and then acquiring the EHR and integrated care
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Biospecimen Procurement for R&D Needs to Look More Like an Online Marketplace
As healthcare digitizes everything from insurance claims to clinical decisions, some functions remain frustratingly analog, old school, and inefficient. One such function is the distribution of human biospecimens necessary for medical research. Specimens are essential in providing much of the data that researchers examine, EHRs capture, and scientific databases aggregate. Unfortunately, the distribution of specimens and their data to researchers is woefully outdated and inefficient. Frankly,
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Morehouse College, Verily Announces $575k Endowed Life Sciences Scholarship to Support STEM Careers
- Today, Verily announced a partnership with Morehouse College in Atlanta, GA, to establish an endowed award of $575,000 to fund a new Verily Scholars Program. - The program will provide an annual scholarship to an exceptional Morehouse student majoring in STEM (Science, Technology, Mathematics, and Engineering) careers and will also fund up to three annual all-expenses paid summer internships at Verily. Verily looks forward to connecting Morehouse scholars to the biotech and
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COVID Exposed The Dire Need for Real-Time Healthcare Data Sharing
In a world where technology and Big Data can provide us with instantaneous access to our banking transactions, and our financial information and credit reports can be retrieved with a few keystrokes when applying for a mortgage -- trying to get access to our own healthcare data is exasperating. Beyond exasperating, is the frightening situation when the inability to access up-to-date and accurate information, can result in an aggravated medical condition or even death. Before the
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