Earlier this month Oracle closed its $28.3B acquisition of Cerner and shortly after Oracle founder and CTO, Larry Ellison, outlined Oracle’s vision for Healthcare IT post-acquisition. The key elements of this vision included: - Developing a solution for a national EHR database. - Leveraging this solution, and similar smaller-scale connected EHR initiatives, to provide life science, pharma and other users with a rich environment for research, clinical trials and drug
Read More
Is Telehealth Healthcare’s Biggest Cyber Threat?
It’s time to get used to seeing your doctor from a digital screen, as virtual care is projected to expand well into the future. And while telehealth technology has proven to be highly beneficial in supporting the shift to virtual healthcare, it has also introduced a host of new vulnerabilities and opportunities for security breaches. Cybercriminals have always preyed on the healthcare industry, but with this virtual transition, the substantial increase in connectivity and network exposure has
Read More
BestLife Holdings Raises $50M+ Portfolio Expansion with Cenegenics
What You Should Know: - BestLife Holdings, a portfolio of personalized preventative healthcare and age management solutions, announces its formation with a combined equity round of over $50M. Notable investors have partnered with BestLife including PrimeTime Partners’ founders, Abby Levy, the co-founder of Thrive Global with Arianna Huffington, and Alan Patricof, founder of Greycroft Partners and Apax Partners, who also joined the board as an observer. Consumer and digital health
Read More
Analysis: Seeking Balance in the Hyperactive Mental Health Tech Market
The prevalence of mental and behavioral health conditions has been on the rise in recent decades, further aggravated by the pandemic in the last two years. Social isolation, grief from the loss of loved ones, fear of contracting the virus, and financial worries were all major stress factors that increasingly affected the mental wellbeing of the population, and the resulting statistics are startling: the average share of adults with symptoms of anxiety or depressive disorders jumped from 1
Read More
Can Automation Drive Health System Outcomes?
The United States spends about $1 trillion per year on healthcare administration. 95% of healthcare workforce growth since 1990 has been administrative. But adding administrative staff hasn’t helped health systems stay on top of the increase in manual work queues, and it certainly hasn’t been improving outcomes for patients. So when asked if automation can drive better health system outcomes, through my work in healthcare technology, I know for a fact that it already is. Research has
Read More
FundamentalVR Adds Endovascular Surgery Procedures to Haptic VR Medical Simulations
What You Should Know: - FundamentalVR, global pioneers in immersive VR surgical simulations, today announces the addition of endovascular surgery to its suite of haptic VR medical simulations. In addition, it’s also showcasing its new virtual showroom that would accelerate the ability of medical device manufacturers and life science companies to get new endovascular products into the hands of sales representatives and clinicians. Creating High-Fidelity Simulations In creating
Read More
Podimetrics Secures $45M for SmartMat to Prevent Diabetic Amputations in High-Risk Patients
What You Should Know: - Podimetrics raises $45M to help at-risk providers and health plans prevent diabetic amputations in high-risk patients. - With this latest round of funding, Podimetrics plans to focus on hiring to build out their product development and research teams, while also expanding the breadth of services delivered by their nurse support team. Podimetrics, a care management company with the leading solution to help prevent costly and deadly diabetic foot ulcer (DFUs)
Read More
HIMSS22 Day 2 Roundup: Google Partners with MEDITECH, Microsoft’s Health Cloud Strategy Expansions
Mergers & Acquisitions (M&A) Activity OptimizeRx Acquires EvinceMed, a Specialty Drug Prescription Initiation Platform OptimizeRx, a provider of point-of-care technology solutions helping patients start and stay on therapy announced a definitive agreement to acquire the EvinceMed platform and related assets. EvinceMed is a provider in delivering end-to-end automation for specialty pharmaceutical transactions. The acquisition includes the full Market Access Management Platform
Read More
Clarify Health Acquires Embedded Healthcare, Behavior Change Platform
What You Should Know: - Clarify Health, leading cloud analytics and value-based payments platform company, just announced its acquisition of Embedded Healthcare - a behavior change platform company created by notable healthcare leaders such as Dr. Ezekiel Emanuel to scale value-based care for health plans. - The announcement marks the company’s second acquisition in 6 months and represents Clarify Health’s deep commitment to further build out its technology and cement its
Read More
MUSC Deploys Notable’s Intelligent Automation Platform to Transform Patient Experience
What You Should Know: South Carolina's only comprehensive academic health sciences center deploys Notable’s intelligent automation platform to expand access to high-quality, equitable care. Notable, the leading intelligent automation company for healthcare, today announced an innovation partnership with The Medical University of South Carolina (MUSC Health) to create a digital experience for patients throughout their care journey. MUSC Health will leverage
Read More
