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Diagnostic Robotics Raises $45M for Medical-Grade AI Triage & Clinical Predictions Platform

by Syed Hamza Sohail 08/05/2022 Leave a Comment

Diagnostic Robotics Raises $45M for Medical-Grade AI Triage & Clinical Predictions Platform

What You Should Know: - Diagnostic Robotics has announced the closing of a $45M Series B funding round led by StageOne investors, with participation from Mayo Clinic, thus becoming a Mayo Clinic Platform portfolio company. Technion – Israel Institute of Technology, as well as other existing investors such as strategic angel investor Bradley Bloom, co-founder of Berkshire Partners, participated in this funding round as well. - The new funding will be used to accelerate product development,
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Homeward Raises $50M, Inks Value-Based Contract with Priority Health

by Syed Hamza Sohail 08/04/2022 Leave a Comment

Homeward Raises $50M, Inks Value-Based Contract with Priority Health

What You Should Know: - Homeward raises $50M Series B funding round co-led by ARCH Venture Partners and Human Capital. - The funding round also includes participation from General Catalyst, which led Homeward’s Series A funding, and Lee Shapiro and Glen Tullman, Co-Founders of 7wireVentures, one of the country’s most successful early-stage healthcare venture funds. Value-Based and Comprehensive Care Americans living in rural communities are experiencing increasing health disparities
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Samsung EVP Outlines Vision for Digital Health and Wellness

by Fred Pennic 08/03/2022 Leave a Comment

Samsung EVP Outlines Vision for Digital Health and Wellness

What You Should Know: - This week, TaeJong Jay Yang, EVP and Head of Health R&D for Samsung outlined the company’s vision health and wellness. - Samsung’s health and wellness vision is focused on setting new standards for health experiences through our Galaxy Watch series, and across our broader product portfolio.  Pillars of Samsung’s Health & Wellness Vision Samsung has established three key pillars to help consumers reach their own goals:  1.
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A Hybrid, Technology-Driven Approach to Overcome Coding and RCM Staff Shortages

by Cheryl Cruver, Chief Revenue Officer, AGS Health 08/03/2022 Leave a Comment

A Hybrid, Technology-Driven Approach to Overcome Coding and RCM Staff Shortages

Exacerbated by pandemic-induced burnout, resignations, and even terminations1, chronic coding and revenue cycle management (RCM) staffing shortages have healthcare organizations struggling to find ways to keep revenue flowing despite a lack of qualified professionals to handle critical processes. It is a situation that has been brewing for years, as too few qualified professionals are entering professions that are expanding more rapidly than ever before. According to the American Hospital
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Brave Health & MedArrive Partner to Power Virtual Mental Health

by Syed Hamza Sohail 08/02/2022 Leave a Comment

- Brave Health, a virtual-first behavioral health provider focused on serving Medicaid and Medicare populations, today announced an innovative referral partnership with MedArrive. - Through this collaboration, if MedArrive identifies an eligible health plan member in need of mental health support, MedArrive’s field providers can immediately refer that member to Brave Health’s behavioral health providers in real time and schedule care within 72 hours. Conversely, if Brave Health identifies an
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Doceree Partners with Tealium to Enrich Precision Targeting of HCPs

by Jasmine Pennic 08/02/2022 Leave a Comment

Doceree Partners with Tealium to Enrich Precision Targeting of HCPs

What You Should Know: - Doceree, a global platform building unprecedented solutions for HCP programmatic marketing with proprietary data tools is teaming up with Tealium, the world’s largest independent customer data platform (CDP) to advance Doceree’s capabilities to collect, collate and analyze data sets, ultimately helping with the company's mission of reducing healthcare costs.  - US healthcare costs grew by 9.7 percent in 2020 alone, highlighting the need for healthcare providers
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How Medical Researchers Can Leverage Tech to Help Streamline Biospecimen Matchmaking and Procurement

by Christopher Ianelli, MD, Ph.D., Founder & CEO of iSpecimen 08/02/2022 Leave a Comment

How Medical Researchers Can Leverage Tech to Help Streamline Biospecimen Matchmaking and Procurement

Many medical advancements – from life-saving vaccines and treatments to new diagnostic tests like liquid biopsies – are built on research that involves human biospecimens. Biofluids, tissue and cells are indispensable resources for the medical researcher, yet the process of sourcing these biospecimens can be woefully frustrating and inefficient. These challenges can have a direct, negative impact on the pace of discovery, creating urgency for improved access to the biospecimens researchers need
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3 Barriers to Advance Care Planning for Sexual and Gender Minority People

by Syed Hamza Sohail 08/02/2022 Leave a Comment

3 Barriers to Advance Care Planning for Sexual and Gender Minority People

What You Should Know: - In a national survey and in interviews, sexual and gender minority people reported experiencing discrimination in healthcare and concerns about support for their end-of-life decisions   - Advance care planning (ACP) can help support patients in making decisions and promoting better care at the end of life. But sexual and gender minority (SGM) patients are likely being left out of conversations around ACP, a new study suggests. Eliminating Fear and
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Can We Reach Health 4.0 in the Next 3-5 Years?

by Syed Hamza Sohail 08/01/2022 Leave a Comment

Can We Reach Health 4.0 in the Next 3-5 Years?

What You Should Know: - According to a new report from Allison + Partners, 57% of respondents said it will be possible to achieve “Health 4.0” in the next 3-5 years - The report illustrates that the biggest hurdles include legislative and regulatory policy, lack of tech talent, and little understanding of health technologies and that the opportunities outweigh the challenges Health 4.0: Barriers and Solutions During the pandemic, there was a record-breaking infusion of capital into
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Analysis: 2022 Semi-Annual Health IT Market Review

by Healthcare Growth Partners 07/29/2022 Leave a Comment

HGP Releases its July 2022 Semi-Annual Health IT Market Review

Executive Summary Act III of COVID: Navigating the Crosscurrents of Post-Inflation 2022 ushered in Act III of the market’s latest transitionary period: The Post-Inflation Era. Since 2008, the US economy functioned with remarkably low inflation and interest rates. As the cost of capital went lower and lower during the decade, valuations steadily rose. Between 2010 and 2020, the NASDAQ experienced a 17.1% annual growth rate, with no small share of the growth a result of expanding valuation
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