OpenEvidence, which has been called “ChatGPT for doctors,” is raising $250 million in equity financing at a $12 billion valuation, The Information reported. The three-year-old company, which secured $200 million in October to be valued at $6 billion, generates annual…

A coalition led by Alphabet life sciences arm Verily that includes Nashville, Tenn.-based Vanderbilt University Medical Center has secured a $9.2 million National Institutes of Health award extension to advance a biology data analysis tool. The FAIRplex platform allows researchers…

Health systems are increasingly spinning off technologies and innovation arms into standalone companies, a shift aimed at accelerating innovation, creating new revenue streams and extending their influence beyond their own organizations. In recent months, several large systems have launched independent…

As smart glasses become more common, healthcare leaders are beginning to ask how the technology fits, or conflicts, with patient privacy expectations inside hospitals and health systems. The question has gained urgency as consumer technology companies push smart glasses closer…

Marietta, Ga.-based Wellstar Health System has launched a new company that uses AI to help health systems comply with constantly shifting regulatory requirements. The 11-hospital system’s innovation and venture capital arm, Catalyst by Wellstar, spun off Polysight with $1 million…

HCA Healthcare UK has implemented Meditech Expanse, a cloud-based EHR system, across its 11 acute care facilities and dozens of outpatient locations. The unified platform provides clinicians with a consolidated view of patients’ health records, enhancing safety and improving workflow…

Shadow AI is not a “fringe problem” and has gone “mainstream” at health systems, Black Book Market Research reported. Here are five things to know about shadow AI, or the unapproved or informal use of the technology, according to the…

Raleigh, N.C.-based WakeMed Health & Hospitals will open four Rezilient with WakeMed CloudClinics in January through a partnership with hybrid care provider Rezilient Health. The clinics will offer same-day primary and specialty care consults using Rezilient’s telehealth-enabled CloudClinic model, which…

Virtual care use surged during the January 2025 Los Angeles-area wildfires, according to research from Pasadena-based Kaiser Permanente Southern California and Seattle-based University of Washington. “Researchers concluded that virtual care played a critical role in meeting health needs during the…

St. Louis-based Ascension Ventures and Labcorp have invested in a strategic financing round for Cofactor Genomics. The company’s flagship test, OncoPrism, uses machine learning to analyze tumors and predict how they will respond to immunotherapy drugs. “We partner with companies…