Innovation

Mayo Clinic Laboratories, a reference lab at the Rochester, Minn.-based health system, is partnering with genomics company Helix to assist the biopharma industry with drug discovery.

Houston-based Memorial Hermann Health System is investing an undisclosed amount in telenutrition company Foodsmart and is joining the company's Foodscript Network as a founding member.

New York City-based NYU Langone Health has spun off a cancer therapeutics company thanks to a $30 million investment in the startup.

Boston-based Massachusetts General Hospital and Beth Israel Deaconess Medical Center are among the hospitals and academic institutions testing artificial intelligence-powered tech solutions to help with in-home care of diseases such as Alzheimer's and dementia.

Northwell Holdings, the venture capital arm of New Hyde Park, N.Y.-based Northwell Health, and EHR vendor Veradigm (formerly Allscripts) are among the funders pouring $45 million into data analytics company Holmusk.

Sacramento, Calif.-based UC Davis Health has launched a home healthcare company as the first startup from its new digital health incubator.

Despite a murky economic forecast, 60 percent of healthcare and life science investors are looking to increase their merger and acquisition activity in 2023, according to a new report from KPMG.

The venture capital arms of CVS Health, Cigna, Humana and Houston-based Memorial Hermann participated in a $375 million funding round for Monogram Health, an in-home healthcare company specializing in providing care and benefit management services to patients with polychronic conditions. 

Hospitals and health systems across the U.S. are facing a tough financial year as revenue and margins dipped to historic lows in recent months. Staffing and supply shortages coupled with the increasing cost of doing business are driving healthcare executives…

Sacramento, Calif.-based UC Davis Health will document medical conversations via artificial intelligence to cut down on "pajama time" for providers.