What You Should Know:– Portfolia, the world’s most powerful community of women investors, has officially announced a significant investment in Xandar Kardian from the firm’s Active Aging I and Active Aging II funds. Portfolia’s investment represents…
Continue Reading
Spectrum.Life, a leading provider of mental health and wellbeing services for insurers, employers, employees, and students is pleased to announce the successful completion of a €5 million raise, resulting in a total of €9…
Continue Reading
System C acquires leading health tech business, Clevermed
Edinburgh-based Clevermed, the pioneering health tech company, today confirmed its acquisition by System C, one of the UK’s leading providers of hospital-wide software for the NHS. The…
AbbVie turned to Capsida Biotherapeutics two years ago for help delivering gene therapies into the brain. That partnership is ongoing, but the pharmaceutical giant now wants to leverage its partner’s technology for delivery of…
Continue Reading
Axena Health, which makes a women’s pelvic health digital therapeutic, announced it had raised a $25 million Series A investment from XA IM Alts.WHAT THEY DO
Axena offers the Leva Pelvic Health System, a prescription digital therapeutic aimed at treating urinary incontinence and chronic fecal incontinence in women. The system, which has…
Editor’s note: This story is based on discussions at Abarca Forward, a conference in San Juan, Puerto Rico, hosted by Abarca, a pharmacy benefit manager. MedCity News’ Editor-in-Chief Arundhati Parmar and Senior Reporter Katie Adams were invited to attend and speak at the conference. All travel and related expenses for the team were covered by Abarca. However, company officials had no input in editorial coverage.
In order for the U.S. healthcare system to operate smoothly, various stakeholders must cooperate with one another and share data seamlessly. But this notion is far from being achieved — the industry is still seriously plagued by…
What You Should Know:– Deloitte Centre for Health Solutions releases its thirteenth annual report, ‘Seize the Digital Momentum: Measuring the return from pharmaceutical innovation 2022’ that explores the performance of the biopharmaceutical industry (bio Pharma) and its ability to generate returns from investment in innovative new medicines.– Since 2021, much of the world has successfully adjusted to life where COVID-19 is more endemic as vaccines and treatments reduced the risk and severity of illness, however geopolitical turmoil and a global cost-of-living crisis have continued to drive serious instability in the health landscape.Pharmaceutical Innovation – Trends and Insights At a GlanceThis is…
Continue Reading
Healthcare analytics company MDI Health scored $20 million in Series A funding, bringing the company’s total funding to $26 million.Intel Capital led the round, with participation from Maverick Ventures Israel, alongside existing investors Fresh.Fund, Arc Impact, Hanaco Ventures, Jumpspeed Ventures, former Optum senior vice president Richard Montwill, Welltech Ventures and Basad Ventures.
Yoni Greifman, Intel Capital’s investment director, will join MDI’s board of directors.
WHAT IT DOES
Israel-based MDI offers an AI-enabled tool that provides medication risk analysis based on a patient’s medical records with the aim of preventing adverse drug reactions.
The funds will help the company scale its U.S. and Israeli research and…
Oracle has signed a contract with Accenture to improve the training clinicians receive on using the Department of Veterans Affairs (VA) Cerner EHR platform, according to reporting from FedScoop. Oracle-owned Cerner had determined it…
Continue Reading
A new survey report in India has gauged the stances of healthcare leaders on their use of technology in an effort to yield operational efficiencies, enhance service delivery, and improve health outcomes. More than 50 respondents, who are mostly chief executives of multi-site hospitals based in metropolitan cities, were polled by Grant Thornton Bharat and the Association of Healthcare Providers (India) in the said report titled “Technology transformation for future-ready healthcare.”
FINDINGS
The survey revealed that around eight in 10 respondents are increasing their digital and technology budget in the next 12 months. One major area of investment is 5G technology, which is noted for…
