Software
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Decentralized clinical trials platform Medable now valued at $2.1B
Medable recently raised $304 million, its fourth funding round in the past two years. The company’s software can be used to virtually consent patients into clinical trials and run telehealth visits as part of a trial.
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Why Virgin Pulse bought Welltok
The merger of the two patient engagement companies will create an organization with more than 2,000 employees. The deal would expand Virgin Pulse’s channels for communicating with patients and help it expand into some new markets.
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Jorie Healthcare CEO Shares Why Automation is Critical to Revenue Cycle Management
The revenue cycle management business is using AI tools to automate cumbersome tasks to help hospitals operate more efficiently. It’s beginning to attract the attention of major healthcare organizations.
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Health IT, Health Tech, Pharmacy
Report: Walgreens considers acquiring health IT company Evolent
Walgreens is considering buying Evolent Health, which makes software to help providers manage their value-based care programs, according to a recent report by Bloomberg. Evolent’s stock rose more than 18% on the news of the potential deal.
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Clinical trials vendor TrialSpark raises $156M to transform into a drug company
TrialSpark, a startup whose software manages various aspects of clinical trials, is becoming a drug developer. Led by CEO and cofounder Benjamine Liu, the company now plans to to acquire or partner on drug candidates, and to invest in biotech companies.
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Startups, Health Tech, Patient Engagement
Solv raises $45M to build network of same-day appointments
The startup, founded by several former Trulia executives, builds software to help healthcare providers with administrative tasks, including scheduling, registration and price transparency.
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What Google Cloud learned about interoperability from Mayo Clinic
Google is piloting its healthcare data engine, a tool intended to build longitudinal patient records and pull in data from multiple sources. Early work with Mayo Clinic served as a foundation for the technology.
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Israel-based startup raises $6M to help payers better understand member behavior
The startup, called Medorion, raised $6 million in a Series A funding round. The company provides tools to create a database of “electronic behavior records” that can help payers measure and enhance member engagement.
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Health IT, Hospitals, Artificial Intelligence
Prisma Health, Siemens strike 10-year partnership
Per the partnership, Prisma Health will deploy new technologies from Siemens across all its sites of care. Further, they will leverage analytics and AI tools to improve clinical decision-making and operational workflow.
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Navigating Healthcare’s Data Revolution: Priorities, Opportunities, and Challenges for Health Systems
Arcadia recently partnered with HIMSS Market Insights to survey executives, IT, technology, and clinical leaders. Here’s what we found.
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After getting FDA clearance for video game therapeutic, Akili faces next level: insurance coverage
Akili Interactive, a digital health company that got FDA clearance last year for its video game as treatment for ADHD, recently brought in $160 million in funding. It plans to use the funds to ramp up coverage of its flagship treatment and to develop digital treatments for other cognitive conditions.
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Artificial Intelligence, Health Tech
Google unveils tool for checking skin conditions
Google is making its first foray into patient-facing healthcare tools with a dermatology symptom-checker. Users take an image of the spot they’re concerned about and receive three potential “matches” for likely results.
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Startups, Devices & Diagnostics, Health Tech
After his own experience, Tomorrow Health founder looks to make home care easier to navigate
Tomorrow Health, a startup looking to streamline the process of getting medical equipment and supplies for home care, raised $25 million in funding led by Andreessen Horowitz.
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500,000+ Trinity Health patients affected in widespread Accellion data breach
Several healthcare entities that used Accellion’s file transfer software now find themselves the victims of a data breach, including Trinity Health. The software had vulnerabilities that were exploited by cybercriminals, resulting in the exposure of personal health information.
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KKR buys majority stake in health software company Therapy Brands
Global investment firm KKR plans to acquire a majority stake in health software company Therapy Brands. PSG, a previous investor in the company, will remain a minority shareholder.
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Billing software startup Inbox Health raises $15M
Medical payments platform Inbox Health raised $15 million in series A funding. The company works with third-party billing companies to better communicate with patients and make bills clearer.