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
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Patient Care| Health IT, Digital Health Impact | News, Analysis, Insights - HIT Consultant
BioIntelliSense Launches New BioButton® Rechargeable Wearable Device for Continuous Medical Grade Monitoring
What You Should Know:
- BioIntelliSense, a continuous health monitoring and clinical intelligence company, expands its commitment to creating a new standard of remote patient care with the commercial launch of its medical grade BioButton® Rechargeable wearable device.
- The new BioButton Rechargeable device allows for continuous multi-parameter monitoring of a broad range of 20+ vital signs and physiologic biometrics for up to 30 days on a single charge, based on configuration. The
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House Rx Secures $30M to Optimize the Specialty Pharmacy Experience for Patients and Their Care Teams
What You Should Know:
- Today House Rx, a health technology platform that empowers oncology and rheumatology physician practices with medically integrated dispensing, announced they’ve secured $30 million in financing.
- Founded by two former Flatiron Health executives, Ogi Kavazovic and Tesh Khullar the company has partnered with four medical practices and 30 prescribers since March 2021.
House Rx, a health technology platform focused on improving
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Precision Medicine Startup Prenosis Raises $20M for Acute Care Solutions, Starting with Sepsis
What You Should Know:
- Prenosis, Inc., a precision medicine company, announced a venture investment from PACE Healthcare Capital, an early-stage investment firm committed to improving health outcomes. This investment brings total funding in the company to over $20 million, including partnerships with Foxconn, Roche Diagnostics, the Defense Threat Reduction Agency, and others.
- Precision medicine company will use the funding to
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How to Make The Transition to Rules-Based Nurse Scheduling Software
In today’s complex and fast-paced healthcare landscape, the benefits of rules-based nurse scheduling software are undeniable. First, consider the challenges nurses face: they comprise the largest percentage of healthcare professionals, and their role is one of the most demanding. According to a recent study by management consulting firm McKinsey & Company, 22% of nurses are considering leaving their jobs, 60% of which said they were more likely to do so since the beginning of the pandemic.
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LG and Amwell Partner Co-Develop Digital Health Service Solutions
What You Should Know:
- LG announced its partnership to Amwell to expand the boundaries of virtual care. By combining LG's broad innovation portfolio with Amwell's deep digital health care experience, the two companies plan to jointly develop new device-based service solutions designed to make it easier for patients to access care, whether in a hospital or at home.
- This new alliance represents a key part of LG's strategic vision for creating new products and services for the next
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MediView XR Secures $9.9M for Augmented Reality Surgical Navigation Platform
What You Should Know:
- MediView XR, Inc., raises $9.9M in SAFE financing syndicated by Inside View Investments, LLC, a private investment firm. MediView has raised approximately $14.4MM in total funding to date.
- Investment will support key technology development, commercialization and regulatory submissions.
MediView XR Inc., a Cleveland-based medtech company that leverages augmented reality, remote connectivity and spatial computing data to create revolutionary surgical
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Medtronic Taps Vizient to Offer AI-Powered Surgical Video Management & Analytics Platform for OR
What You Should Know:
- Medtronic announced a new contract with Vizient, a leading healthcare performance improvement company for more than half the nation’s healthcare providers, to offer Touch Surgery™️ Enterprise, the first AI-powered cloud-based video management and analytics platform for the OR.
The latest offering from Medtronic’s Surgical Robotics portfolio, Touch Surgery™ Enterprise makes it easy to capture and analyze surgical video and ensures data privacy compliance with AI that
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Flume Health Secures $30M for Health Plan Administration Platform
What You Should Know:
- Flume Health, an NYC-based Health-Plan-as-a-Service platform announced today a $30M round of Series A funding led by Optum Ventures with participation from Cigna Ventures is participating, bringing its total raise to date at $40M.
- Flume gives all U.S. health insurers the option to build personalized healthcare plans–what Stripe or Plaid did for digital banking is what Flume is doing for digital health.
Launch Next Generation Health Plans in
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How Health Systems Can Use AI to Optimize Resources and Maximize Patient Satisfaction
Over the past several years, nearly all of the leading health systems in the United States have adopted some form of AI, such as machine learning (ML) or natural language processing (NLP), to assist in managing healthcare operations. The unprecedented growth and development of AI has been instrumental in transforming health system administration, healthcare data analytics and patient diagnosis and treatment.
Despite this growth, health systems have yet to maximize the potential of AI to
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