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EnsoData Raises $9M to Accelerate Waveform AI Platform for Clinicians

by Fred Pennic 06/12/2020 Leave a Comment

EnsoData Raises $9M to Accelerate Waveform AI Platform for Clinicians

What You Should Know: - EnsoData announces its official launch and a $9M Series A funding round to accelerate analysis and understanding of human health, starting with sleep disorder diagnoses.  - Using AI, EnsoData’s technology transforms billions of waveform data points (outputs from heartbeats on an EKG, eye movement through an EOG, brain waves through an EEG, etc.) collected from sensors in medical devices and wearables into an easy-to-read report.  - EnsoData saves clinics and
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Backed by Northwell, Conversa Health Raises $12M for AI-Powered Chatbots

by Fred Pennic 06/11/2020 Leave a Comment

Backed by Northwell, Conversa Health Raises $12M for AI-Powered Chatbots

What You Should Know: - Conversa Health raises $12 million in Series B funding round to expand its AI-powered chatbots enabling health systems, payers and pharmaceutical companies to engage patients and collect patient-generated health data and patient-reported outcomes. - Conversa plans to use the funding to scale its virtual care and communication platform—97 percent of patients who have used its chatbots say they can better manage their care with Conversa.  - Murray Brozinsky
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The New Normal: Rethinking Healthcare Delivery in a Post-COVID World

by Mansoor Khan, Sc.D., co-founder and CEO of Persivia 06/11/2020 Leave a Comment

The New Normal: Rethinking Healthcare Delivery in a Post-COVID World

It’s becoming clearer that, while we are all hoping that things are going to go back to the way things were at the beginning of the year, the COVID-19 crisis will result in a new normal. That’s especially true in healthcare, due to four issues that are being wildly amplified by the COVID-19 crisis. Namely:  1. The US government has huge deficits, and healthcare is a major driver of the unsustainable increase in these deficits. 2. Addressing the demand for healthcare as a right (not a
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Cue Health Lands $100M to Scale Rapid, Portable, Point-of-Care COVID-19 Test

by Fred Pennic 06/10/2020 Leave a Comment

FDA Approves Cue Health’s Point-of-Care COVID-19 Test Using Nasal Swabs

What You Should Know: - Cue Health raises $100M to commercialize its portable, molecular diagnostic test capable of detecting SARS-CoV-2, the virus that causes COVID-19, in less than 25 minutes using a simple nasal swab.  - The test is part of the Cue Health Monitoring System, which is designed to be a portable device that can perform a molecular test and connect patients to a mobile health platform that features interventional components such as telemedicine
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Kyruus Raises $30M to Expand Provider Search and Scheduling Solutions

by Fred Pennic 06/10/2020 Leave a Comment

Kyruus

What You Should Know: - Kyruus, a provider search and scheduling solutions company raises $30 million in new funding from Francisco Partners, a technology-focused private equity firm.  - Kyruus will use the investment to expand its patient access platform to help health systems enhance the patient experience, both during and beyond the COVID-19 pandemic. Kyruus, a Boston, MA-based suite of provider search and scheduling solutions for health systems, today announced
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Report: State of Health IT Private Equity in the Era of COVID-19

by Healthcare Growth Partners (HGP) 06/05/2020 Leave a Comment

Report: State of Health IT Private Equity in the Era of COVID-19

In May, as the U.S. cautiously started to reopen amid intense controversy, HGP polled hundreds of private equity funds across all stages of investment to find out how COVID-19 has impacted deal flow.  Eighty respondents provided their perspective on topics ranging from an appetite for new investments to access to debt to the impact on portfolio companies. Respondent Demographics Effect of COVID-19 on Valuations When asked how they expect overall and Health IT valuations to behave in
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CHI Texas Health Network Partners with Innovaccer for FHIR-Enabled Data Activation Platform

by Jasmine Pennic 06/05/2020 Leave a Comment

CHI Texas Health Network Partners with Innovaccer for FHIR-Enabled Data Activation Platform

What You Should Know: - Innovaccer has recently partnered with CHI Texas Health Network to boost provider performance and population health to leverage its FHIR®-Enabled Data Activation Platform. - CHI Texas Health Network is driving improved physician performance, care coordination, and patient health outcomes. - CHI Texas Health Network is a nonprofit, faith-based health system that strives to fulfill its mission each day by creating and nurturing healthy communities across the
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Sharecare Acquires Evidence-Based Behavior Change Apps MindSciences

by Fred Pennic 06/03/2020 Leave a Comment

Sharecare Acquires Evidence-Based Behavior Change Apps MindSciences

What You Should Know: - Sharecare announced the acquisition of Boston-based MindSciences, an evidence-based behavior change suite of apps focused on mental health (anxiety, stress management), smoking cessation, and weight loss/binge eating, and more. - The acquisition rounds out Sharecare’s portfolio of mHealth-based therapeutic programs improving chronic disease risk and overall health outcomes by targeting varying aspects of well-being. - Based on the work of Dr. Judson Brewer, now
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Telehealth After COVID-19: What’s Next for the Healthcare Industry?

by Michael Morgan, CEO of Updox 06/03/2020 Leave a Comment

Telehealth After COVID-19: What's Next for the Healthcare Industry?

Like the rest of the economy, healthcare has been upended by the coronavirus. Not just emergency rooms, but primary care physicians, specialists, and long-term care facilities, too.  Struggling to continue providing care in a time of social distancing, many have turned to telehealth in record numbers. Even providers who may have previously viewed telehealth skeptically – perhaps because of the technology’s perceived complexity or reimbursement challenges before COVID-19 – have now become
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R1 Acquires Cerner RevWorks to Extend Revenue Cycle Capabilities

by Fred Pennic 06/03/2020 Leave a Comment

R1 Acquires Cerner RevWorks to Extend Revenue Cycle Capabilities

R1 RCM Inc., a provider of technology-enabled revenue cycle management services to healthcare providers, today announced that it will acquire Cerner RevWorks services business and commercial, non-federal client relationships. R1’s electronic health record-agnostic revenue cycle platform seamlessly complements a healthcare organization’s infrastructure, quickly driving transformative improvements to net patient revenue and cash flows while reducing operating costs. Integration
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