The last two-to-three years we have seen Philips complete its transformation into a pure-play healthcare technology vendor. It has reduced its interest in its remaining non-healthcare business Philips Lighting/Signify (now owning only a 16.5% share), made 16 healthcare technology acquisitions since the start of 2017 and organized its internal business units into three core healthcare technology segments, Personal Health, Diagnosis & Treatment and Connected Care. A few weeks ago, several of
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University Hospital
FDA Clears First Smartphone-Controlled Migraine Wearable Device
Today, Theranica announced that the FDA has granted De Novo clearance for Nerivio Migra, the first-ever smartphone controlled wearable for the acute treatment of migraines. Worn on the upper arm, Nerivio Migra utilizes remote electrical neuromodulation for the acute treatment of migraine that is proven to be as effective as leading devices and drugs on the market in treating acute migraine, with fewer and more mild side effects.Migraine is the third most common disease in the world, with an
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Vital Lands $5.2M for AI-Powered Emergency Department Platform
Vital, an Atlanta, GA-based AI-powered software increasing productivity and improving patient health in hospital emergency rooms has raised $5.2M led by First Round Capital and Threshold Ventures (formerly DFJ Venture). The seed round also includes participation from Bragiel Brothers, Meridian Street Capital, Refactor Capital, and SV Angel, with angel investment from Vivek Garipalli, CEO of CloverHealth; and Nat Turner and Zach Weinberg, founders of Flatiron Health. Josh Kopelman, founder, and
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University Hospital Board Appoints John N. Kastanis CEO & President
Today, John N. Kastanis, FACHE, has been named President and CEO of University Hospital. As CEO of one of the largest employers in Newark, Kastanis will lead a workforce comprised of 3,400 full time employees and 550 medical staff, and is responsible for a $600M budget. Kastanis joins the hospital after a four-year tenure as leader of Temple University Hospital, where he is credited with enhancing core operations, developing new clinical service lines, acquiring new medical and surgical
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