What You Should Know: - Notable, a San Mateo, CA-based intelligent automation company for healthcare has launched expanded capabilities for comprehensive revenue cycle management (RCM) automation. - Unlike traditional point solutions that only automate siloed parts of the revenue cycle, Notable's intelligent automation platform is the only platform that combines robotic process automation (RPA), artificial intelligence (AI), patient engagement, and no-code configurability to provide the
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Led by Sequoia, Benchling Raises $200M to Accelerate R&D Cloud Platform
- Today Benchling, the leading life and sciences R&D cloud, announced a $200M Series E raise led by Sequoia Capital Global Equities and joined by Altimeter Capital, Byers Capital, and Elad Gil. This funding will be used to aggressively invest in product development and global expansion to support enterprise customers. The raise is also joined by existing investors Thrive Capital, Benchmark, Menlo Ventures, Alkeon Capital, ICONIQ, Lux Capital, Spark Capital, and Lead Edge Capital. -
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Former Hospital CIO Finds 177% Increase as Hackers Breached 21.3M Healthcare Records in 2H of 2020
What You Should Know: - As the fallout of COVID-19 continues to plague healthcare systems and hospitals, cybercriminals took a notable interest in these entities through malicious hacking incidents in the second half of 2020. In a new CI report released, Drex DeFord, former CIO at Scripps Health., Seattle Children's, Steward Healthcare, and strategic healthcare executive for CI Security, found that in the second half of the year, more than 21.3 million records were breached, an
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Theator Nabs $15.5M to Scale AI-Driven Surgical Intelligence Platform
What You Should Know: - Theator raises $15.5M in Series A funding to support the company’s mission of using AI and computer vision to eradicate disparity and variability in surgical care. - The startup plans to use this round to scale its commercial operations and partnerships with U.S. providers, grow its R&D team and cement its status as a world-leading provider of AI-powered Surgical Intelligence solutions. Theator, a Palto Alto,
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Top 5 Business Opportunities for Digital Health Companies in 2021. Where Is The Money?
For many companies, 2020 has been a devastating year due to the consequences of the COVID-19 pandemic. While the same can be said for the digital health sector, the pandemic has also paved a way for unexpected and extraordinary business opportunities in 2021. In 2020, Digital health start-ups and more established companies have suffered, as have other companies from a variety of industries. We have seen governments set up rescue funds for start-ups, including those that offer services for the
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42 Recently Launched COVID-19 Vaccine Management Solutions to Know
An in-depth look at twelve recently released COVID-19 vaccine management solutions as COVID-19 vaccines are being distributed nationwide. 1. Microsoft Microsoft
launches a COVID-19 vaccine management platform with partners Accenture and
Avanade, EY, and Mazik Global to help government and healthcare customers
provide fair and equitable vaccine distribution, administration, and monitoring
of vaccine delivery. Microsoft Consulting Services (MCS) has deployed over 230 emergency COVID-19
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Hospital Sustainability Demands that Revenue Integrity Move Front and Center
Razor-thin operational margins coupled with substantial and ongoing losses related to COVID-19 are culminating in a perfect storm of bottom-line issues for U.S. hospitals and health systems. A study commissioned by the American Hospital Association (AHA) found that the median hospital margin overall was just 3.5% pre-pandemic, and projected margins will stay in the red for at least half of the nation’s hospitals for the remainder of 2020. The reality is that an increase in
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AI Leads Way to Less False Positives on Remote Cardiac Monitoring Devices, Improved Results
What You Should Know: - Cardiac patients and their cardiologists are
experiencing a high number of false positives with remote patient monitoring
devices as a result of signal artifact providing inaccurate data, which can
lead to many complications—other than medical, such as unnecessary tests and
increased medical costs. - Ambulatory cardiac monitoring provider InfoBionic has devised a way to decrease false positives and increase efficiency. Remote cardiac monitoring’s false
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Were We Mentally Ready for COVID-19? Why It’s Time to Take Behavioral Health Seriously
As you read this, over 200,000 American deaths have been attributed to the virus. The influx of cases continues, while state and local economies are experiencing hardship, children are shuttered in their homes learning remotely, grown children are moving back home and the “new normal” disrupts nearly all of life’s plans. Yet, these issues don’t reveal all the traumas that Americans are experiencing 10 months into the pandemic. The pandemic's impact continues to be swift and brutal,
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Intermountain to Deploy AI-Powered Digital Assistants Across Clinically Integrated Network
What You Should Know: - Intermountain Healthcare announced it will scale
Notable’s AI-driven platform across the health system’s clinically integrated
network to support thousands of providers, automate administrative workflows,
streamline the check-in experience for patients, and simplify provider
follow-up. - The Notable Platform uses intelligent automation to identify and engage more patients in need of care and enables staff and clinicians to better serve patients by eliminating
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