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Ardent Health launches innovation studio
Nashville, Tenn.-based Ardent Health Services partnered with SwitchPoint Ventures to launch an innovation studio focused on healthcare delivery and administration. -
Northwell rolls out AI chatbot for pregnant patients
New Hyde Park, N.Y.-based Northwell Health has rolled out Northwell Health Pregnancy Chats, an artificial intelligence-powered chatbot designed to provide medical advice to pregnant patients. -
3 emerging digital health funding rounds
The digital health world is constantly changing, and investors never know which startup will be next to hit unicorn status. -
Robot pills and telenutrition: The startups Northwell, Mayo and Memorial Hermann are investing in
Large health systems are fueling healthcare innovation by making their own investments in biotech, therapeutics and health tech by supporting intriguing new startups. -
Ballad, Cedars-Sinai, MemorialCare back $9M financing round for healthcare risk management company
The venture capital arm of Fountain Valley, Calif.-based MemorialCare led a $9 million financing round for healthcare risk management company Censinet, in a round that saw additional participation from Los Angeles-based Cedars-Sinai, Johnson City, Tenn.-based Ballad Health and Raleigh, N.C.-based UNC Health Rex. -
Allina Health, Qventus using AI to automate operating room scheduling
Allina Health has partnered with software company Qventus to use its artificial intelligence-based tool to automate operating room scheduling processes. -
Mayo Clinic Laboratories, Helix collaborate on drug discovery
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. -
Memorial Hermann invests in telenutrition company
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. -
NYU Langone Health spins off therapeutics startup in $30M deal
New York City-based NYU Langone Health has spun off a cancer therapeutics company thanks to a $30 million investment in the startup. -
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.
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