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Morehouse College, Verily Announces $575k Endowed Life Sciences Scholarship to Support STEM Careers

by Fred Pennic 04/01/2021 Leave a Comment

Verily Nabs $700M to Expand Baseline, Verily Health Platforms

- Today, Verily announced a partnership with Morehouse College in Atlanta, GA, to establish an endowed award of $575,000 to fund a new Verily Scholars Program.  - The program will provide an annual scholarship to an exceptional Morehouse student majoring in STEM (Science, Technology, Mathematics, and Engineering) careers and will also fund up to three annual all-expenses paid summer internships at Verily. Verily looks forward to connecting Morehouse scholars to the biotech and
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Innovaccer Reaches $1.3B Valuation, Launches Health Cloud Platform

by Fred Pennic 02/24/2021 Leave a Comment

Innovaccer Raises Series D at $1.3 Billion Valuation, Launches Innovaccer Health Cloud to Power the Future of Health

What You Should Know: - Innovaccer closes Series D round of growth capital bringing Innovaccer at a total valuation of $1.3 billion. - In addition, the company has launched the Innovaccer Health Cloud, a platform as a service that combines the company’s Data Activation Platform and application suite with an extensive set of platform services and tools that allow customers and partners to easily develop interoperable applications that improve patient outcomes and lower
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Sharecare Acquires AI-Enabled Digital Transformation Platform doc.ai

by Fred Pennic 01/28/2021 Leave a Comment

Sharecare Acquires AI-Enabled Digital Transformation Platform doc.ai

What You Should Know: - Sharecare acquires doc.ai to expand its engineering expertise, accelerate digital transformation of healthcare through innovative AI platform for an undisclosed sum. - Founded in 2016, the company licenses AI modules and creates products for a portfolio of clients, including payers, pharma and providers. - As part of the acquisition, Anthem will now become a strategic partner with Sharecare. Sharecare, the digital health company that helps people manage all
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LeanTaaS Secures $130M for ML Platform to Help Hospitals Achieve Operational Excellence

by Fred Pennic 12/10/2020 Leave a Comment

LeenTaaS Secures $130M for ML Platform to Help Hospitals Achieve Operational Excellence

What You Should Know: - LeanTaaS raises $130 million in Series D Funding to strengthen its machine learning platform to continue helping hospitals achieve operational excellence during a time where they are facing mounting financial pressures due to COVID-19.  - LeanTaaS provides software solutions that combine lean principles, predictive analytics, and machine learning to transform hospital and infusion center operations to improve operational efficiencies, increase access, and
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Freespira Secures $10M for FDA-Cleared Digital Therapeutic to Eliminate Panic Attacks, PTSD Symptoms

by Jasmine Pennic 12/09/2020 Leave a Comment

Freespira Secures $10M for FDA-Cleared Digital Therapeutic to Eliminate Panic Attacks, PTSD Symptoms

What You Should Know: - Lightspeed Venture Partners, the VC behind Nest and GrubHub, is leading a $10 million round for Freespira, an FDA-cleared digital therapeutic proven to significantly reduce or eliminate panic attacks and PTSD symptoms by training users to normalize respiratory irregularities. - In 28 days, Freespira can reduce or eliminate panic attacks and PTSD symptoms from home with just a tablet, sensor, and custom app. There’s no medicine with possible side effects and no need
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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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Same-Day Pharmacy Delivery NowRx Raises $20M to Expand into Additional Territories

by Fred Pennic 07/16/2020 Leave a Comment

Same-Day Pharmacy Delivery NowRx Raises $20M to Expand into Additional Territories

What You Should Know: - Same day pharmacy delivery startup NowRx raises $20 Million in Series B funding to expand into new U.S. territories and accelerate its technology roadmap, transforming the way consumers get their prescriptions.  - NowRx’s competitive advantage is its proprietary pharmacy management system, which leverages AI and robotics to fill and deliver prescriptions in record time, including interfacing with insurance, checking for drug
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NexHealth Raises $15M to Expand Patient Experience Management Platform

by Jasmine Pennic 06/30/2020 Leave a Comment

NexHealth Raises $15M to Expand Patient Experience Management Platform

NexHealth, a San Francisco, CA-based patient experience management platform, announced it has raised $15M in Series A funding from some of Silicon Valley’s best investors, including product-driven founders such as Scott Belsky, founder of Behance and Chief Product Officer at Adobe, and mission-driven founders such as Josh Buckley and Naval Ravikant. Empowering Doctors to Run Thriving Businesses Patients today spend more out-of-pocket, shop for care, and have high expectations from their
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Innovaccer Launches InAPI to Build Apps on FHIR APIs to Promote Interoperability

by Jasmine Pennic 03/05/2020 Leave a Comment

Innovaccer Launches InAPI

What You Need to Know: - Innovaccer launches InAPI to build apps on FHIR APIs access for in-house development teams and third-party developers to enable seamless data. - The platform enables easy development of healthcare apps and promotes healthcare data interoperability among systems to enable care as one. Innovaccer, a Silicon Valley-based healthcare technology company, announced that it will be launching InAPI, its new technology platform for healthcare developers that
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Innovaccer Launches Unified Patient Record to Deliver Complete View of the Patient

by Fred Pennic 02/27/2020 Leave a Comment

Innovaccer Unveils InData

- Innovaccer launches its “unified patient record” as its proprietary model to eliminate the challenge of seamless data access for healthcare organizations. - The unified patient record will serve as the backbone of Innovaccer’s Data Activation Platform that uses APIs and an analytical framework to manage complexity across all patient care settings. Innovaccer Inc., a Silicon Valley-based healthcare data platform company, today announced the launch of its “unified patient record” as its
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