The world we live in is becoming increasingly integrated, and as it does, the amount of data also increases. It is estimated that 2.5 quintillion bytes – that’s 2,500,00,00,000 million, for perspective – are created, captured, and shared every day, and experts predict that number will grow exponentially in the coming years. Estimates show that the healthcare industry generates about 30% of the world’s data volume. That number is expected to reach a compound annual growth rate of 36% within the
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TigerConnect
HealthQuest Capital Closes $675M for Fund IV to Invest in Transformational Healthcare Companies
What You Should Know: - HealthQuest Capital, a sector specialist capital firm focused on companies optimizing value in healthcare, today announced the close of HealthQuest Partners IV, L.P., at its hard cap of $675M . - The oversubscribed fund will enable HealthQuest to continue to invest in growth-stage companies that are revolutionizing the healthcare industry. Providing Growth Capital to Companies Transforming Healthcare Founded in 2013 by Garheng Kong, a physician, scientist, and
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Q1 2022 Digital Health Funding Reaches $6B Across 183 Deals
What You Should Know: - Rock Health report reveals Q1 2022 digital health funding closed with $6.0B across 183 deals, and an average deal size of $32.8M. - Q1 2022 digital health funding was significantly behind Q4 2021’s $7.3B and the trailing twelve month quarterly average of $7.1B. Digital health funding reached a total of $6B in Q1 2022 across 183 deals, and an average deal size of $32.8M, according to Rock Health, a full-service venture fund
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TigerConnect Acquires Hospital Middleware Solution Critical Alert – M&A
What You Should Know: - TigerConnect has announced an expansion in their suite through the acquisition of Critical Alert, a leading provider of enterprise-grade middleware for hospitals and health systems. - For the hundreds of thousands of nurses that currently use TigerConnect, these new capabilities will deliver real-time, contextual information to their mobile device or desktop to allow them to work smarter, prioritize responses, and efficiently coordinate care, all within the
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TigerText Rebrands as TigerConnect, Launches New AI Capabilities
TigerText, provider of healthcare clinical communication and collaboration (CC&C) solution, today announced that it has officially rebranded as TigerConnect. The new name more accurately reflects the solution being provided by the company to the evolving healthcare landscape that must be always-connected, fully integrated, outcomes-oriented.Effective today, the TigerConnect name and brand elements will begin formal implementation across the company’s product and services using a phased
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TigerConnect, Nuance Dragon Partner to Provide Clinical Speech Recognition for Care Providers
Secure messaging platform for healthcare developers TigerConnect, announced that developers can now enhance their secure messaging apps with the industry’s market leading speech recognition, powered by the Nuance Dragon® Medical One cloud-based platform. The partnership enables developers to build apps using speech tools that accurately translate a care provider’s voice into a rich, detailed clinical message, helping them communicate with each other and with patients. This advances
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