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Partners

Redox Partners With Georgia’s Tech Incubator to Help Health IT Startups Scale

by Fred Pennic 07/16/2019 Leave a Comment

Redox Partners With Georgia's Tech Incubator to Help Health IT Startups Scale

Healthcare interoperability provider Redox, today announced it has partnered with Advanced Technology Development Center (ATDC), Georgia’s technology incubator, to help health technology startups scale their business. Startups in ATDC's HealthTech Program get access to Redox's full-service integration platform. By working with Redox, startups in the program can overcome the industry's interoperability challenge, and focus on developing and establishing new technologies that will benefit
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Siemens Healthineers, UM System, MU Health Care Forms $133M Alliance for Precision Health

by Fred Pennic 07/12/2019 Leave a Comment

University Hospital with the Staff for Life Helicopter at dusk.[/caption]Siemens Healthineers and the University of Missouri System (UM System), including all four universities, and University of Missouri Health Care (MU Health Care), has established the Alliance for Precision Health that will leverage their joint expertise to transform healthcare delivery, promote education in the fields of technology and engineering, and develop groundbreaking research initiatives.As part of the alliance,
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Healium Partners with XRHealth to Power VR With Emotions

by Fred Pennic 07/11/2019 Leave a Comment

Healium Partners with XRHealth to Power VR With Emotions

XRHealth, formerly known as VRHealth, a provider of extended reality and therapeutic applications announced it is opening their platform to third-party developers to create robust VR healthcare experiences.  A noteworthy partnership created through the open platform is Healium that enables patients to “see” and power VR technology through their emotions.Healium: Powering VR With EmotionsApproximately 75% to 90% of all doctor visits are due to stress-related issues. Healium developed a
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Medsphere Integrates CloudMedx AI Engine With CareVue EHR Platform

by Fred Pennic 07/10/2019 Leave a Comment

Medsphere Lands $32M to Expand its Suite of SaaS Health IT Solutions and Support Future Acquisitions

Medsphere Systems Corporation, the leading provider of affordable and interoperable healthcare information technology (IT) solutions and services, announced the integration of Artificial Intelligence (AI) capabilities to the company’s comprehensive CareVue electronic health record (EHR) platform. CareVue’s complete clinical and financial suite of applications now include an AI engine developed by CloudMedx that gives clinicians and administrators the power to pull meaningful and actionable
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Cigna Leads $23M Series D in Specialized AI Company, GNS Healthcare

by Fred Pennic 07/09/2019 Leave a Comment

Cigna Leads $23M Series D in Specialized AI company, GNS Healthcare

Today, Cigna Ventures (CV), the corporate venture fund of global health service company Cigna, announced that it’s leading a $23M Series D round of funding in GNS Healthcare (GNS), a highly specialized AI company that turns millions of data streams into personalized insights that precisely match the appropriate clinical care/treatment intervention to the right patient at the right time.Cigna joins other leading carriers and health plans and GNS investors, including Cambia Health Solutions, Echo
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Procyrion Raises $30M to Support Clinical Trials of its Percutaneous Blood Pump Device

by Jasmine Pennic 07/09/2019 Leave a Comment

Procyrion

Procyrion, Inc., a Houston-based medical device firm developing the first catheter-deployed, intra-aortic pump initially for use in cardiorenal syndrome patients announced it has raised $30 million in Series D funding led by Bluebird Ventures. The round also includes participation from existing investors Fannin Partners, Scientific Health Development, the State of Texas, and an undisclosed strategic investor.The company is developing its AortixTM system, a percutaneous blood pump initially
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Providence St. Joseph Health & Microsoft Form Alliance to Deliver Healthcare Innovations

by Fred Pennic 07/08/2019 Leave a Comment

IPA, IHANY, Fidelis Care Partner to Address Social Determinants of Health in Upstate New York AzHHA Taps PatientPing to Improve Care Coordination Across State of Arizona

Providence St. Joseph Health (PSJH), one of the nation’s largest health systems, announced today that it will enter into a multi-year strategic alliance with Microsoft that will enable PSJH to bring new solutions to the market to address clinical and operational needs, which will ultimately streamline and improve the patient and caregiver experience. This alliance will result in an innovative facility that will showcase cloud technology, AI and data, and analytics to increase the chances of more
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Avaap Acquires Navigator Management Partners to Expand Depth in IT Advisory & Management Consulting

by Jasmine Pennic 07/08/2019 Leave a Comment

Avaap Acquires Navigator Management Partners to Expand Depth in IT Advisory & Management Consulting

Avaap, an industry-focused IT advisory and management consulting firm, today announced its acquisition of Navigator Management Partners, a cross-platform management and technology consulting firm specializing in ERP systems, business intelligence (BI), and change management. The combined organization creates a depth and breadth of services for the major ERP platforms for organizations in healthcare, retail, higher education, non-profit, government, manufacturing, and other commercial
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Analysis: Philips’ Evolution to a Pure-play Healthcare Technology Vendor

by Alex Green, Steve Holloway, Simon Harris and Michael Liberty, Signify Research 07/02/2019 Leave a Comment

Analysis: Philips’ Evolution to a Pure-play Healthcare Technology Vendor

 The last two-to-three years we have seen Philips complete its transformation into a pure-play healthcare technology vendor. It has reduced its interest in its remaining non-healthcare business Philips Lighting/Signify (now owning only a 16.5% share), made 16 healthcare technology acquisitions since the start of 2017 and organized its internal business units into three core healthcare technology segments, Personal Health, Diagnosis & Treatment and Connected Care. A few weeks ago, several of
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Cedars-Sinai Accelerator Reveals 5th Class of 11 Digital Health Startups

by Fred Pennic 07/02/2019 Leave a Comment

Cedars-Sinai Accelerator Reveals 5th Class of 11 Digital Health Startups

Cedars-Sinai Accelerator, today announced 11 new digital health startups selected to participate in its fifth class from across the United States and Europe. From artificial intelligence to a smart brace for knee replacement patients, these innovative healthcare-focused startups are working to transform health and healthcare delivery as part of the Los Angeles-based accelerator program. Through their innovations, the companies seek to address some of healthcare’s most pressing challenges,
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