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Silicon Valley

Take Command Acquires Technology from Savvy to Expand Benefits Platform

by Fred Pennic 06/02/2022 Leave a Comment

Take Command Acquires Technology from Savvy to Expand Benefits Platform

What You Should Know: - Take Command, a tech-enabled service that offers HRA administration, has acquired innovative HRA intellectual property assets from Savvy, a San Francisco-based, VC-backed healthcare company founded in 2019. Financial terms of the deal were not disclosed. - The acquisition signifies the market growth of Individual Coverage HRAs (ICHRAs, a new model of reimbursing employees for health insurance rather than buying it for them). What's an ICHRA? The
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Ordr Secures $40M for Real-Time Connected Device Security Platform

by Jasmine Pennic 06/01/2022 Leave a Comment

Ordr Secures $40M to

What You Should Know: - Ordr, a company making the complex problem of securing every connected device  — from traditional IT devices to newer and more vulnerable IoT, IoMT or OT — simple, today announced it has raised an additional $40M. The funding round was co-led by Battery Ventures and Ten Eleven Ventures, with participation from new investor Northgate Capital and continuing investors Wing Venture Capital, Unusual Ventures, Kaiser Permanente Ventures, and Mayo Clinic.
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VDI: Promising Approach for Healthcare IT to Ease Endpoint Management?

by Emanuel Pirker, Founder and CEO, Stratodesk 04/14/2022 Leave a Comment

VDI – The Cure For What Ails Healthcare IT?

Healthcare IT has always faced unique challenges.  Among these challenges are the increasing mobility of healthcare workers. Healthcare providers are always on the move throughout hospitals. Still, they need to access the same apps and data, and their own unique workspace, wherever they are, quickly and securely.  Additionally, strict legal requirements and internal policies govern exactly how confidential patient data can be stored and accessed. Not to mention the need for
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Why The Future of Healthcare Interfaces is Fluid

by Sajjad Kamal, Healthtech Partner at Global Ventures & Nazmus Saquib, HCI & Interfaces Expert 02/23/2022 Leave a Comment

The Future of Healthcare Interfaces is Fluid

Tools we use to do our daily work have rapidly evolved following deep human-computer interaction (HCI) research.  However, when it comes to healthcare, the HCI research has not found its way to healthcare practice. Most healthcare professionals still rely on memory, experience, pen & paper and difficult-to-use healthcare software. The future of medical tools needs to be catalytic as opposed to a hindrance. In this piece, we attempt to untangle the set of tools used in healthcare today
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7 Burning Questions from Life Sciences Companies on Using AI Agents

by Troy Lase, Associate Director, Commercial Strategic Planning, IQVIA and Richard Marcil, Chief Customer Officer, ConversationHEALTH 01/19/2022 Leave a Comment

7 Burning Questions from Life Sciences Companies on Using AI Agents

Each day life science companies respond to numerous medical information inquires – many of which are similar in nature or can be simply addressed. However, as we have seen in the news reports with the Great Resignation and many workers searching for new careers, the number of individuals interested in working in a medical information contact center may be waning. When you combine this with the rising volume of inquiries or medical inquiries and patient expectations for a real-time response to
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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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