What You Should Know:
- Just weeks after acquiring MIM Software, a leader in medical imaging analysis and AI solutions, GE HealthCare strengthens its commitment to improving cancer care through a deeper collaboration with Elekta, a leader in precision radiation oncology.
- The strategic partnership aims to revolutionize radiation therapy workflows and ultimately benefit both patients and healthcare providers.
Addressing Challenges in Radiation Therapy
Nearly two-thirds of
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Radiation Oncology
Enzee Health Nabs $1.5M for Cloud-Based Compliance Management Platform
What You Should Know:
- Enzee Health, formerly ZapIT! Medical is announcing it has secured $1.5M in seed financing, led by Rev1 Ventures with participation from Tamarind Hill, Harbor Street Ventures, M7 NEO, Redgrave Investments, Service Provider Capital and others.
- Enzee empowers hospital personnel to easily perform and track required quality testing within departments, eliminating the inefficiencies of paper record keeping, and making it easier for administrators to assess whether
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The Fast Pace of Cancer Research is Leaving Community Clinicians Behind
We are witnessing an accelerated pace of amazing breakthroughs and advancements in cancer care today, with new treatments emerging almost weekly and unprecedented opportunities to help improve patient outcomes every day. However, if a doctor is not working in an academic setting, reading every new paper, and recruiting patients for new studies, how can they be expected to keep up with the latest treatments and approaches to specific cancers? When
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Epic, Galen Healthcare, Chartis Group Named 2020 Overall Best in KLAS Awards
What You Should Know:
- Epic was named the top Overall Software Suite for the eleventh consecutive year in the Best in KLAS 2021 Software & Services report, released today, which reports on the top vendors for 2020. Epic was also named the top Overall Physician Practice Vendor. Galen Healthcare Solutions was named the top Overall IT Services Firm. The Chartis Group earned the award of top Overall Healthcare Management Consulting Firm, edging out last year’s winner,
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2020’s Top 20 Digital Health M&A Deals Totaled $50B
Teladoc Health and Livongo Merge
The combination of Teladoc Health and Livongo creates a
global leader in consumer-centered virtual care. The combined company is
positioned to execute quantified opportunities to drive revenue synergies of
$100 million by the end of the second year following the close, reaching $500
million on a run-rate basis by 2025.
Price: $18.5B in value based on each share of Livongo
will be exchanged for 0.5920x shares of Teladoc Health plus cash consideration
of
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Thriving in a Value-Based Care Environment: Impacting Outcome-to-Cost Ratio
As the COVID-19 pandemic creates surges in acute care, many imaging departments are experiencing a decrease in volume, due to patients deferring or canceling non-urgent appointments and surgeries. The impact of this makes it painfully obvious that -- because imaging departments rely on a fee-for-service model – when the volume is down, finances suffer. As an aspect of healthcare that has historically been hyper-focused on volume, adoption of a value-based care approach in radiology has evolved
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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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RefleXion Medical Receives $60M Loan for Biology Guiding Radiotherapy Machine
RefleXion Medical, Inc., a biotargeting oncology company developing the first and only biology-guided radiotherapy (BgRT) machine* for targeted cancer treatment has received a $60M senior secured term loan from Oxford Finance LLC. The company plans to use the loan to support the completion of the FDA clearance process for its biology-guided BgRT system and its subsequent commercial launch.
Building from Positron
Emission Tomography
Positron emission tomography (PET) is an established
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Israeli Startup Alpha Tau Medical Raises $29M for Radiation Cancer Therapy
Alpha Tau Medical, an Israeli medical tech startup developer of a breakthrough alpha radiation cancer therapy, today announced it has raised $29 million in funding led by Shavit Capital. The round also included participation from OurCrowd.com, Medison Ventures and significant private investors contributed to the funding round including the preeminent international social impact VC and private equity investors, Sir Ronald Cohen and Alan Patricof, the founders of Apax Partners.Founded in 2016,
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Digital Health Startup Oncora Medical Raises $1.2M for Radiation Oncology Platform
Oncora Medical, a Philadelphia-based digital health startup developing software to transform the way physicians treat cancer with radiation has raised $1.2M in seed financing from San Francisco-based iSeed Ventures, Philadelphia-based BioAdvance, and well-known medical physicist and entrepreneur, Dr. Thomas “Rock” Mackie.
Proceeds from the financing will be used to build out their engineering team in Oncora’s Philadelphia headquarters and accelerate early product installations with leading
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