Kaveh Safavi, M.D., J.D., Sr. Managing Director at Accenture
In the last decade, the healthcare industry has experienced a rapid rise in digital health solutions that have promised to transform care delivery and improve outcomes. Yet, with change comes skepticism – especially in an industry that is notoriously slow to adopt new technologies and innovations. Despite the industry’s conservative reputation, we have seen an influx of global venture capital funding for digital health services,
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Corindus Vascular Robotics CEO Departure, UPMC Enterprises’ New President, Nordic Consulting’s New CIO, Other Health IT Hires
Mark Toland, Partner, Biostar Capital
Mark Toland, CEO of Corindus Vascular Robotics (acquired by Siemens for $1.1B last year), has announced his departure and will be joining BioStar Capital, a health-tech venture capital group focused on cardiovascular and orthopedic medical devices. As a partner and entrepreneur in residence, Mark will help to identify and develop innovative companies leveraging AI, deep learning, robotics, and other transformative technologies that address a wide range of
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CancerIQ Raises $5M to Expand Genetic Cancer Risk Assessment Platform
What You Should Know:
- CancerIQ raises $5M in Series A funding led by HealthXVentures to accelerate the growth of its genetic cancer risk assessment platform to identify and manage patients at high risk of cancer.
- CancerIQ’s technology enables hospitals to use genomics
to personalize the prevention and early detection of cancer.
- Two new hires recently joined CancerIQ’s newly formed
Integrated Products team from Epic, with the goal of advancing CancerIQ’s
integration with leading
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Activ Surgical Raises $15M Advance Autonomous and Collaborative Surgery
What You Should Know:
- Digital surgery pioneer Activ Surgical raises $15M in funding led by ARTIS Ventures to accelerate U.S. commercialization and European expansion efforts for its ActiveEdge platform, which enables existing surgical systems, from scopes to robots, to visualize, characterize and track tissue, in real-time beyond today’s human capability.
- ActivSight, is an easy-to-adapt, connected imaging module that seamlessly attaches to today’s laparoscopic and arthroscopic
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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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Medly Pharmacy Lands $100M to Expand Digital On-Demand Pharmacy Platform
What You Should Know:
- Medly Pharmacy raises $100M investment co-led by
Volition Capital and Greycroft to propel Medly's leadership in the $500B+
digital on-demand pharmacy market.
- Medly will use the funding to expand its digital on-demand pharmacy platform, enter new markets, and provide category-leading services to patients and partners across the country that is well-positioned to meet new customer needs.
Medly Pharmacy (Medly), an industry-leading full-service digital
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Black Lives Matter: Health IT Industry, Where Are You?
All lives truly matter. However, the world does not exist in a vacuum void of institutional racism, subconscious, and implicit bias. As a result, every life within America is not valued the same, as is evident by the recent George Floyd murder. When all lives are not treated with the same opportunities and respect, whether in matters of criminal justice, employment, housing, education, health, and healthcare evidence shows the result is that only some lives actually matter. One cannot change the
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Cedar Nabs $102M to Modernize Patient Financial Experience
What You Should Know:
- Cedar raises $102M to fuel the next phase of Cedar’s vision of evolving from a patient financial engagement solution to a comprehensive healthcare consumer engagement platform.
- Cedar combines healthcare, tech, and design to create a seamless financial experience for every patient. From pre-visit registration to post-visit billing, Cedar personalizes the care journey to take each patient to payment with ease.
- The company also announced it has partnered with
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Augmedics Lands $15M for FDA-Cleared Augmented Reality Guidance System for Surgery
What You Should Know:
- Augmented reality surgical image guidance startup Augmedics
raises $15M in Series B funding led by its U.S. staff in an effort to
secure and successfully launch the company as venture capital (VC) all but
evaporated during the COVID-19 pandemic.
- The xvision system, the first augmented reality
guidance system for surgery, allows surgeons to see the patient’s anatomy
through skin and tissue as if they have “x-ray vision,” and to accurately guide
instruments and
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OurCrowd Launches $100M Pandemic Innovation Fund to Invest in Companies on Front Lines of COVID-19
What You Should Know:
- Israeli venture capital platform OurCrowd launches $100M Pandemic Fund to invest in companies on the front lines of COVID-19.
- The fund plans to raise $100M to invest in 15-20 companies focused on prevention & containment, treatment & healing, and community & disruption mitigation technology solutions to combat current and future pandemic.
OurCrowd,
a Jerusalem, Israel-based crowdfunded-venture investment platform, today
announced the launch
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