OSF Ventures, the corporate venture capital arm of Peoria, Ill.-based OSF HealthCare, has announced the closing of its sophomore venture capital fund of $75M. The sophomore fund will focus on investing in new technology, devices, and services that offer improved and more cost-efficient healthcare.Investment PhilosophyOSF focuses on investing in companies seeking funding at all post-seed stages and has invested primarily in Series A and B rounds. In addition, OSF Ventures is open to
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Primary Care | News, Analysis, Insights - HIT Consultant
5 Steps to an Efficient Data-Driven Transfer Center
Empowered teams, standardized processes, reliable insight, automation, and measurement will improve operations, decrease leakage and improve the patient experience.
High-performance transfer centers are becoming mandatory components for any health system operating in competitive healthcare markets, which are only becoming more competitive and consolidated. That is because high-performance transfer centers help align patients with the right care, in the right location at the right time, which
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3 Takeaways From The 2019 HIMSS & Health 2.0 European Conference
The HIMSS & Health 2.0 European Conference attracted over 2,600 delegates from 64 countries to Helsinki in June 2019. While there was a strong focus on healthcare in the Nordics, the conference brought with it a wide variety of vendors from across the globe all looking for new opportunities on the show floor. Our key takeaway – the goal to change mindsets in Europe towards how healthcare can be improved through the use of technology. We look at a few examples below, namely:- Developing
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UCLA Spin Out DEARhealth Lands $6M for AI-Powered Pathways for Chronic Care
DEARhealth, a health IT spin-out
from the University of California, Los Angeles (UCLA) has raised $6.8 million
in Series A funding to expand its AI-powered pathway platform for chronic care.
Participants in the Series A funding round include Philips Health Technology
Ventures, Vesalius Biocapital III and Health Innovations.
DEARhealth was founded in
2011 by Daniel Hommes as a research project when a team of UCLA specialists
designed a value-based care program for the management of chronic
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OSF Healthcare In Talks To Merge With Little Company of Mary Hospital, Expected to Close Early 2020
OSF HealthCare and Little Company of Mary Hospital and Health Care Centers have entered into a period of exclusive negotiations for a full merger. Over the next several months, the two healthcare organizations finalizing agreements and seeking the necessary regulatory and canonical approvals. Expected to finalize in early 2020, the merger would allow OSF HealthCare and Little Company of Mary to share services, develop and expand academic partnerships, and create strategies to meet the unique
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Intermountain Launches Value-based Care Spinout Castell
Intermountain Healthcare has formed a new comprehensive health platform company named Castell that will enable other organizations to accelerate their transition from volume to value-based systems of care, while keeping care more affordable and accessible. Rajesh Shrestha has been named as the president and CEO of Castell. In addition to leading Castell, Shrestha serves as vice president and chief operating officer of Community Based Care for Intermountain Healthcare. He has more than two
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University of Arkansas Launches Statewide Digital Health Spine Clinic
The University of Arkansas for Medical Sciences (UAMS) has launched a new statewide digital health spine clinic that will allow patients with spinal disorders, and spinal cord tumors to see a specialist at the closest location to their homes without visiting Little Rock. The UAMS Institute for Digital Health & Innovation and the UAMS Jackson T. Stephens Spine & Neurosciences Institute recently held the first digital spine clinic consultations in Arkansas in April. The virtual spine
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Children’s Mercy Kansas City Taps Innovaccer to Advance Pediatric Value-Based Care
Children’s Mercy Integrated Care Solutions (CMICS), one of the most advanced pediatric health networks in the country and a wholly owned subsidiary of Children’s Mercy Kansas City, partnered with Innovaccer to power its pediatric population health management initiatives for Children’s Mercy’s Pediatric Care Network and Children’s Health Network. CMICS manages nearly 200,000 value-based patients, which is approximately 34% of the pediatric population in the Kansas City area and includes over 60
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Eko Unveils Investigational Aortic Stenosis (AS) Detection Algorithm
Eko, a Berkeley-based digital health company applying artificial intelligence and machine learning in the fight against heart disease unveiled an investigational Aortic Stenosis (AS) detection algorithm at the American Society of Echocardiography (ASE) 2019 Scientific Sessions aimed to assist healthcare providers in the early detection of clinically significant AS. The algorithm represents a major step forward toward Eko’s mission to empower healthcare providers with tools to more accurately
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Best Buy Expands TytoCare’s On-Demand Medical Exam to Select Stores in CA, OH, ND, SD
Tyto Care, an Israeli-based telehealth platform for on-demand, remote medical exams, today announced the expanded availability of TytoHome at select Best Buy stores in California, Ohio, North Dakota and South Dakota. TytoHome is already available for all U.S. customers on BestBuy.com and in select Minnesota Best Buy locations. The expansion into the four additional states brings Tyto Care’s telehealth solution to a total of 30 Best Buy locations nationwide to date.TytoHome: How It WorksTytoHome,
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