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Syapse Lands $68M to Expand Global Precision Oncology Data Sharing Network

by Fred Pennic 02/02/2021 Leave a Comment

FDA, Syapse Expand Research to Generate Real-World Data Related to COVID-19 and Cancer

What You Should Know: - Syapse raises 68M in equity investment  led by Ally Bridge Group (ABG), with Northpond Ventures to expand delivery of real-world evidence  through Syapse’s Learning Health Network. - The Syapse Learning Health Network is a global precision oncology data sharing network, improving cancer care across communities by using real-world data to support clinical decisions. Syapse, a San Francisco, CA-based real-world evidence company accelerating the delivery
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Modern Health Acquires Mental Health Startup Kip to Expand Data-Driven Capabilities

by Jasmine Pennic 02/01/2021 Leave a Comment

Modern Health Acquires Mental Health Startup Kip to Expand Data-Driven Capabilities

What You Should Know: - Modern Health acquires San Francisco-based mental health startup Kip to expand the data-driven capabilities of its mental health and wellness platform supporting 200+ enterprises globally. - Founded in 2015, Kip connects users with qualified therapists and arms them with the tools to track observations, feedback, and outcomes about their mental health journey. By combining therapy with a mobile app that allows patients to engage with resources and maintain
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Illumina, Sequoia Capital China Launches Genomics Incubator in China

by Fred Pennic 02/01/2021 Leave a Comment

Illumina, Sequoia Capital China Launches Genomics Incubator in China

What You Should Know: - Illumina and Sequoia Capital will collaborate to build an ecosystem for life science startup companies advancing breakthrough applications in genomics. - Sequoia Capital China Intelligent Healthcare Genomics Incubator, Powered by Illumina will leverage the expertise of Illumina for Startups in building genomics companies with the unparalleled track record of Illumina Accelerator in San Francisco Bay Area and Cambridge, UK. - Sequoia Capital China will dedicate to
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2020’s Top 20 Digital Health M&A Deals Totaled $50B

by Fred Pennic 12/31/2020 Leave a Comment

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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Pair Team Emerges Out of Stealth with $2.7M to Automate Primary Care Operations

by Fred Pennic 12/09/2020 Leave a Comment

Pair Team Emerges Out of Stealth with $2.7M to Automate Primary Care Operations

What You Should Know: - San Francisco-based digital health startup Pair Team emerges out of stealth with $2.7M in seed funding backed by Kleiner Perkins, Craft Ventures, & YC. - Pair Team provides both a remote team and AI that automates workflows, provides infrastructure & improves medical practices — efficiencies and billing as you’d expect, but all driving toward value-based, quality patient care. - Pair’s wrap-around technology tripled the rate of annual wellness visits
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COVID-19: How Hospitals Can Create Better Inpatient Bed Capacity through Math

by Dr. Pallabi Sanyal-Dey, Associate Professor of Medicine at UCSF 12/08/2020 Leave a Comment

COVID-19: How Hospitals Can Create Better Inpatient Bed Capacity through Math

Since the beginning of the COVID-19 pandemic, key elements of hospital operations such as managing inpatient bed capacity, and access to ventilators and PPE have taken center stage. The general public got a crash course on what hospitals need in order to function successfully when disaster hits, and daily news and discussions were centered around ICU bed capacity as cases accelerated across the country. The nightmarish predictions and reality led to the development of creative measures to
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CommonHealth App Connects to 230 Health Systems to Share Health Data – including COVID Test and Vaccine Status

by Fred Pennic 12/04/2020 Leave a Comment

What You Should Know: - CommonHealth has connected to 230 health systems in the United States, allowing patients to gather, manage and share their health and test data, including COVID test and vaccination status. By the end of this month, CommonHealth will connect to more than 340 health systems - CommonHealth extends the health data portability and interoperability model pioneered by Apple Health to the 55 percent of Americans with Android devices (85 percent globally) The Commons
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Recent Executive Hires: CVS Health New President, Cleveland Clinic/Amwell Joint Venture Leadership, Others

by Fred Pennic 11/25/2020 Leave a Comment

Recent Executive Hires: CVS Health New President, Cleveland Clinic/Amwell Joint Venture Leadership, Others

CVS Health Corporation names Neela Montgomery Executive Vice President and President of CVS Pharmacy/Retail, effective November 30, 2020. Montgomery will oversee the company's 10,000 pharmacies across the United States. Montgomery, currently a Board Partner at venture capital firm Greycroft, most recently served as chief executive officer of furniture retailer Crate & Barrel and has nearly 20 years of global retail experience. The Cleveland Clinic and Amwell joint venture appoint
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GE Healthcare Unveils First X-Ray AI Algorithm to Assess ETT Placement for COVID-19 Patients

by Fred Pennic 11/24/2020 Leave a Comment

Why GE Healthcare Won’t Sell its Health IT Business

What You Should Know: - GE Healthcare announced a new artificial intelligence (AI) algorithm to help clinicians assess Endotracheal Tube (ETT) placements, a necessary and important step when ventilating critically ill COVID-19 patients. - The AI solution is one of five included in GE Healthcare’s Critical Care Suite 2.0, an industry-first collection of AI algorithms embedded on a mobile x-ray device for automated measurements, case prioritization, and quality control. GE Healthcare
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CareAsOne Summit 2020 Kicks Off Discussing Healthcare Transformation

by HITC Staff 11/17/2020 Leave a Comment

CareAsOne Summit 2020 Kicks Off Discussing Transformation in Healthcare

This three-day virtual summit hosts over 40 industry experts discussing the challenges and transformation in healthcare. CareAsOne, a virtual healthcare professional community, officially kicked off its first-ever, global CareAsOne Summit. With Microsoft and AWS as technology partners, the community’s conference joins healthcare experts from all over the world to discuss the most healthcare pressing issues of today and perhaps tomorrow.   Speakers started sharing their wins, challenges,
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Chipiron Secures $17M to Transform MRI Access with Portable Scanner

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Abbott to Integrate FreeStyle Libre Glucose Data with Epic EHR

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iCAD, GE HealthCare Integrate to Advance Breast Cancer Detection with AI

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