Innovation

Rochester, Minn.-based Mayo Clinic is the lead investor in a $1 million bridge financing round for the Patient Co., which is developing a patient-moving tool licensed from Grand Rapids, Mich.-based Spectrum Health, MiBiz reported Oct. 9.

Grand Rapids, Mich.-based Spectrum Health has a venture capital arm that invests in companies aligned with its strategic vision that can enhance its clinical operations, focusing on those with experienced management teams and revenue streams of $1 million or more.

Digital health company Virgin Pulse launched VP Navigate as a solution to help patients find care.

Biotechnology company Replimune has secured a $200 million debt financing loan from Hercules Capital.

A recent study from digital patient scheduling company Relatient found that nearly half of healthcare providers prioritize patient scheduling as the most important factor for delivering a positive patient experience.

Cyber insurance startup Elpha Secure has raised $20 million in series A funding.

Cleveland Clinic has been selected as a founding partner and the leading healthcare system in the Healthcare Quantum Innovation Hub based in greater Washington, D.C.

The White House released its artificial intelligence bill of rights on Oct. 4, which lays out voluntary guidelines that companies developing or deploying AI can follow to safeguard people from misuse or abuse, The Wall Street Journal reported. 

Medtech company Xenter is rolling out the health-focused wireless network XenFI.

A new Sentara hospital in Elizabeth City, N.C., will feature a digital hub that will allow patients to connect with clinicians virtually, according to Oct. 4 reporting in The Daily Advocate.