- Providence Ventures, the innovation arm of Renton, Wash.-based Providence, expanded its partnership with clinical decision support platform RxRevu through a new investment that will allow the company to expand its decision support capabilities and product portfolio.
- Providence’s health tech investment portfolio Tegria acquired KenSci, a company that provides artificial intelligence platforms and tools to healthcare providers, payers and medical device companies.
- Pittsburgh-based Highmark Health’s innovation arm, Highmark Ventures, participated in an $85 million series C funding round for Sword Health, a virtual musculoskeletal care platform.
- The venture capital arms for Salt Lake City-based Intermountain Healthcare and St. Louis-based Ascension participated in a series A funding round that raised more than $50 million for Vori Health, a company that provides digital and in-person musculoskeletal care.
- University of California San Diego Health will begin construction on its new $70 million, seven-story innovation center in August.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
