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Massachusetts General, Beth Israel Deaconess hospitals testing in-home dementia care
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, Veradigm part of $45M funding round for Holmusk
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. -
UC Davis Health digital lab launches home healthcare startup
Sacramento, Calif.-based UC Davis Health has launched a home healthcare company as the first startup from its new digital health incubator. -
60% of life science investors look to increase M&A activity in 2023, report says
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. -
CVS, Cigna, Humana, Memorial Hermann back $375M home health company funding round
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. -
Atlantic Health System’s strategic partnership with Concord Health Partners supports innovative technologies and turns IP into financial gain
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 to consider innovative strategies and investments, including private equity partnerships. -
UC Davis Health aims to reduce 'pajama time' through AI documentation
Sacramento, Calif.-based UC Davis Health will document medical conversations via artificial intelligence to cut down on "pajama time" for providers. -
Mayo Clinic spending $1.86M to renovate space for new digital health team
Rochester, Minn.-based Mayo Clinic plans to spend an estimated $1.86 million to renovate a building that will house its new Unbound team focused on digital transformation, the Post Bulletin reported. -
CVS backs virtual therapy company with $25M investment
CVS Health led a $25 million financing round for virtual therapy and psychiatry company Array Behavioral Care. -
Silicon Valley Bank projects healthcare financing to fall by $15B in 2023
SVB, the parent of the Silicon Valley Bank, is projecting healthcare investment and financing to fall by $15 billion in 2023, based on how recently firms raised new funds and the pace of investment to be slower than 2021. -
CIOs work to get buy-in for AI projects
Health CIOs are working to get organizational buy-in on artificial intelligence projects as the difficulties of structuring and coalescing mass data is causing organizational confusion, The Wall Street Journal reported Jan. 5. -
Ardent Health Services launches remote monitoring across 30 hospitals, 200 care sites, 6 states
Nashville, Tenn.-based Ardent Health Services is rolling out remote patient monitoring across its 30 hospitals and 200 other care sites through a partnership with health tech company Cadence. -
5 recent Johnson & Johnson investments
From biotech to digital health, Johnson & Johnson Innovation, the venture capital arm of healthcare giant Johnson & Johnson, has made a flurry of investments in an array of companies since Sept. 27. -
KeyCare snags $27M
KeyCare, a virtual care platform built with Epic, raised $27 million in its series A financing round. -
7 ways health systems are using AI to improve patient care
From automating clinicians' tasks to predicting disease, here are seven ways hospitals and health systems are using artificial intelligence to improve patient care: -
Don't shy away from AI, says MUSC innovation leader
Arman Kilic, MD, director of the Schiller Surgical Innovation Center at the Charleston-based Medical University of South Carolina, is working on 25 different projects that utilize artificial intelligence. -
Mayo Clinic picks up stake in startup making pill-sized robot
Rochester, Minn.-based Mayo Clinic has obtained a stake in Endiatx, a startup making a pill-sized robot to diagnose digestive conditions, under a know-how licensing agreement with the company. -
How UPMC created an innovation hub in Pittsburgh
UPMC has created an innovation hub in its home base of Pittsburgh by greatly expanding its cancer research and precision medicine footprints, Pittsburgh Business Times reported Jan. 3. -
OSF's most impactful innovation projects of 2022
In 2022, OSF Innovation and OSF OnCall, the digital health divisions of Peoria, Ill.-based OSF HealthCare, launched 10 different initiatives using digital technologies and data with the aim of providing more convenient access and improved patient outcomes. -
Duke Health, Nference partner on analytics research, medical discoveries
Durham, N.C.-based Duke Health has partnered with data analytics company Nference to advance the academic health system's research and medical discoveries.
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