Elon Musk’s Neuralink has raised $650 million to continue advancing its brain implants for patients with paralysis and other disorders, the company said. The series E funding round included such investors as ARK Invest, DFJ Growth, Founders Fund, G42, Human…
Innovation
Charlotte, N.C.-based Atrium Health’s $1.5 billion innovation district, The Pearl, opened June 2. The 20-acre development houses Charlotte’s first four-year medical school and aims to become a hub for biomedical research, surgical training and community development. The project is led…
Children’s Nebraska has announced a partnership with Insight Surgery, a global leader in personalized medical devices and virtual surgical planning. Promising to enhance the precision, efficiency and outcomes of complex pediatric surgeries, this partnership aims to eliminate turnaround times from…
After Philadelphia-based Penn Medicine appointed a new technology leader last year, he went about redesigning the C-suite. Mitchell Schnall, MD, PhD, was named the health system’s inaugural senior vice president for data and technology solutions in April 2024. Penn Medicine…
Rochester, Minn.-based Mayo Clinic has launched a new initiative to accelerate healthcare innovation through strategic partnerships and company creation. The program, called Mayo Venture Partner, will connect experienced entrepreneurs and investors with Mayo’s business development team and clinical leaders, according…
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Health systems continue to collaborate with Big Tech on AI and digital innovation projects. Here are six partnerships Becker’s reported on in the past month: 1. Lithonia, Ga.-based Emory Hillandale Hospital became the first U.S.-based hospital fully powered by Apple…
Health systems across the country are breaking new ground, launching technologies and programs that represent first-of-their-kind milestones in healthcare. Emory goes all in on Apple Emory Hillandale Hospital, part of Atlanta-based Emory Healthcare, has become the first hospital in the…
Cleveland Clinic is at the “tip of the scalpel” when it comes to codeveloping new technologies to solve healthcare’s biggest challenges, a leader told Becker’s. Last fall, Frank Papay, MD, was appointed the health system’s inaugural chief clinical business development…
Four health systems have invested in a startup that develops AI technology for radiologists. Here are six things to know, according to a May 20 news release: 1. Charlotte, N.C.-based Advocate Health, Houston-based Memorial Hermann Health System, Grand Rapids and…
Arlington-based Texas Health Resources is taking a loss on hospital at home to care for patients in their preferred venue, D Magazine reported May 20. “This isn’t a money maker for us,” Kathi Cox, ambulatory and virtual channel COO at…