In IBM’s 2022 Cost of a Data Breach report, the company revealed that the global average cost of a data breach was $4.35 million. In the healthcare sector, however, that number skyrocketed to $10.1 million. Why is an attack on a healthcare organization so much more costly? While part of this comes down to the fact that healthcare organizations often have big budgets, and so might be able to pay big ransoms, the biggest part of the answer is consequences. In there, real lives are at stake. Downed
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Techstars
Techstars Relaunches Healthcare Accelerator in Los Angeles
What You Should Know:
- Techstars, a global investment business that provides access to capital, one-on-one mentorship, and customized programming for early-stage entrepreneurs announces today the relaunch of Techstars Healthcare sponsored by Cedars-Sinai, Point32Health, UCI Health, and UnitedHealthcare.
- The consortium-led accelerator program will be based in Los Angeles and select 12 high-growth startups to participate in its intensive 13-week program. Startups will receive capital,
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Naborforce Raises $9M to Connect Older Adults to On-Demand Support & Engagement
What You Should Know:
- Naborforce, a high-growth elder tech company that connects older adults to a network of trusted "Nabors" for on-demand support and social engagement, announced the closing of a $9 million Series A financing round led by Translink Capital.
- Translink Capital, a global venture capital firm headquartered in Silicon Valley, is joined by existing investors Claritas Capital The Artemis Fund, and TechStars. Naborforce will use the financing to further invest in its
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Femtech Startup Ruth Health Secures $2.4M to Transform Telehealth Approach to Pregnancy Care
What You Should Know:
- Femtech startup Ruth Health providing progressive telehealth and comprehensive care platform built for women by women announced it has raised $2.4M seed funding round led by Giant Ventures, with participation from Citylight VC, Cleo Capital Scout Fund, Crista Galli Ventures, Duro VC, Emmeline Ventures, Gaingels, Global Founders Capital, Pentas Ventures, SOMA Capital, Techstars, Torch Capital, YCombinator, and various strategic angels. This brings Ruth Health’s
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Techstars Launches Future of Longevity Accelerator 2021 Class
What You Should Know:
- Techstars, today announce the 2021 class of the Techstars Future of Longevity Accelerator, run in partnership with Pivotal Ventures, an investment and incubation company created by Melinda French Gates to advance social progress in the United States.
- The 13-week program focuses on innovative solutions to address the unmet needs of older adults and their caregivers. Program themes include aging in place, caregiver support, care coordination, financial wellness,
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OpenLoop Raises $3M to Expand Digital Health Marketplace for Clinicians
What You Should Know:
- Techstars-backed OpenLoop raises $3M in funding to expand digital health marketplace to connect certified clinicians to telehealth opportunities.
- The company plans to use the funding to This financing enables OpenLoop to expedite the development of their marketplace technology and grow their team of experts.
OpenLoop, a Des Moines, Iowa-based virtual health company based in today announced their oversubscribed seed round financing of $3 million led by an
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Vytalize Health to Acquire Patient Financial Experience Platform MedPilot
What You Should Know:
- Vytalize Health to acquire patient financial experience platform MedPilot to accelerate data-driven engagement technology to its ACO's Medicare population.
- An alumnus of the Cedars-Sinai Accelerator, MedPilot’s platform has already helped over 1 million patients to date and boasts a 97% patient satisfaction score.
Vytalize Health, a leading provider of value-based healthcare announced it is acquiring MedPilot, a Cleveland-based patient financial
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KēlaHealth Lands $12.9M to Expand AI-Powered Surgical Intelligence Platform
What You Should Know:
- KēlaHealth
announced their Series A round (combined seed and Series A) of $12.9M led by
Sante Ventures and new innovation VC, Intuitive Ventures.
- KēlaHealth, is a surgical intelligence engine that
applies a dynamic cycle of patient-specific predictions, stratified
interventions, and outcomes tracking to reduce surgical complications
- KēlaHealth is the first investment for Intuitive
Ventures, a new innovation fund spun out of Intuitive Surgical,
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Techstars’ UnitedHealthcare Accelerator Launches 2020 Class of 10 Startups
What You Should Know:
- Techstars announces the second class of 10 startups for
the UnitedHealthcare Accelerator Powered by Techstars.
- This year’s class represents a diversity of ideas, geographies, capabilities, and technologies and are tackling challenges in areas such as health equity, care delivery model innovation, telemedicine, remote patient monitoring, mental health, behavioral economics, and more.
Today, Techstars announce the 10 startups joining the second class of
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GYANT Raises $13.6M for AI-Enabled Digital Front Door Solution to Drive Patient-Doctor Engagement
What You Should Know:
- GYANT raises $13.6M in Series A funding for AI-enabled digital front door solutions to drive meaningful patient-doctor engagement.
- The investment will enable GYANT to scale up its product development to meet rapidly increasing market demand and support its exponential customer growth.
- Current customers include Intermountain Healthcare, OSF
Healthcare, Adventist Health, Health First, Integris, etc.
GYANT, a San Francisco, CA-based care navigation
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