Innovation

Some Colorado hospitals are backing a cancer diagnostics startup as part of a $58.75 million funding round.

Consumerism has taken over healthcare. Patients are in the driver's seat, and they are demanding high-quality customer service and more personalized experiences aided by digital tools.

DarioHealth, a digital health company focusing on chronic conditions, announced the pricing of a $14.3 million private placement of stock.

An emergency room physician at OSF HealthCare Saint Francis Medical Center in Peoria, Ill., won the health system's inaugural Innovator of the Year award for advancing a handheld ultrasound technology.

John Brownstein, PhD, chief innovation officer of Boston Children's, told Becker's that the organization is hiring a prompt engineer to work on large language models such as ChatGPT so that it can identify use cases and train its workforce on…

Former executives from Salt Lake City-based Intermountain Healthcare and retail pharmacy giant Walgreens were among the entities that joined in a $15 million investment round for medtech company Kinnos.

Healthcare innovation firm Patient Square Capital launched medtech incubator Elevage Medical Technologies with $300 million to invest.

Executives at Peoria, Ill-based OSF HealthCare say their $50 million medical simulation and innovation center has brought a return on investment of much more than that — and helped advance healthcare in ways that haven't been realized yet.

Odaia, a company developing an artificial intelligence-powered pharmaceutical platform, raised $25 million in series B financing.

Biopharma investors are staying focused on the oncology and immunology sectors as major mergers fuel growth in those areas, according to an April 30 report from The Compass.