Medically Home Group, Inc., a Boston, MA-based technology-enabled services company has raised $10 million in Series B funding led by Cardinal Health and other investors. This strategic investment for Medically Home from Cardinal Health and other investors illustrates the rapid movement in the market for innovative value-based models. The company plans to use the latest round of funding to support scaling efforts and to realize a common vision of enabling cost-effective, patient-centric
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urology
Why The Handheld Ultrasound Market Is Poised for Next Wave of Growth
This year marks the tenth anniversary of the launch of the first handheld ultrasound scanner, GE Healthcare’s Vscan, yet the market has largely failed to live up to expectations. In 2018, sales of handheld ultrasound accounted for less than 2% of the $6.9 billion global markets for ultrasound equipment. The relatively high cost and limited performance of early generation handhelds were limiting factors. Steady product improvements over the years, coupled with fresh innovation from new market
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Urology Startup Urotronic Raises $20M to Expand Innovative Optilume Device
Plymouth based Urotronic, today announced it has raised $20 million in Series B funding led by HM (Hillhouse & Mayo Clinic) Ventures. Additional investments were made by CDBI Partners, OCXPROURO Limited andLegend Capital. The investments will support the growth of the innovative device called Optilume which combines balloon dilation with the delivery of an anti-proliferative drug to inhibit recurrence of blockages in the urinary tract.A minimally invasive urethral stricture treatment, the
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Mount Sinai Establishes Robotics Institute to Accelerate Robotic Surgery
Mount Sinai Health System announced this week it has established the Mount Sinai Robotics Institute (MSRI) to advance patient care and augment research and training. Since the first minimally invasive robotic surgery to treat head and neck cancer at Mount Sinai in 2008 surgeons at Mount Sinai have been on the forefront of pioneering robotic surgery techniques. Groundbreaking work such as new techniques and refinements, and complication reduction programs in these areas has distinguished MSRI as
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