The U.S. healthcare industry has hit an important inflection point. The global pandemic highlighted an increased need to deliver quality patient care. However, outdated, legacy technology is straining many health systems, and in some cases, exaggerating existing problems such as rising operational costs and high rates of attrition. Health and hospital systems must take a purposeful approach to IT modernization — which includes embracing new technologies — to ensure success. And while each IT
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Life Sciences - Pharma | News, Analysis, Insights - HIT Consultant
Genemod Raises $4.5M to Expand Central Research Platform for Biopharma Companies
What You Should Know: Genemod, a cloud-based workspace collaboration software for biopharma R&D teams, today announced it raised $4.5 million in seed funding, co-led by defy.vc and LDV Partners, with participation from Dolby Family Ventures and Vulcan/Cercano Ventures.Genemod digitizes data capture and workflows, so scientists can collaborate easily across an organization to accelerate life sciences R&D. Digitize Research Workflows in Minutes Legacy R&D software
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Cowen Healthcare Raises $556M Fund to Invest in Life Sciences Companies
What You Should Know: Cowen Healthcare Investments announced the successful close of Cowen Healthcare Investments IV ("CHI IV" or the "Fund") with total committed capital of $555.6M. CHI IV will invest primarily in mid to late-stage life sciences opportunities.Led by Kevin Raidy, Tim Anderson, and Robert Sine, Cowen Healthcare Investments supports innovation in the healthcare sectors, with a particular focus on biopharma, diagnostics, and digital health.Since its founding in 2012, the CHI
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Expectations For The Connected Care Business In The Years Ahead
Though we seldom see their use in our modern world and, even then, only in fiction, there was a time when it was common for people to actually use things like crystal balls and divining rods to try to uncover unknown yet valuable information. As unbelievable as it may seem, soothsayers peered into crystal balls aiming to help seekers look into the future for guidance, while prospectors would rely earnestly on divining rods as they attempted to locate underground riches of water or oil. While
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ODAIA Secures $25M for AI-Driven Commercial Insights Platform for Pharma
What You Should Know: ODAIA, developers of MAPTUAL, an AI-powered commercial insights SaaS platform for pharmaceutical companies, announced it raised an oversubscribed $25 Million Series B financing round, led by Threshold Ventures and co-led by Monograph Capital. Wittington Ventures also joined, with participation from existing investors Flint Capital, BDC Capital, StandUp Ventures and Graphite Ventures. Emily Melton, Managing Partner of Threshold Ventures and Charles Conn, co-founder and
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Komodo Health Launches MapEnhance; Changing the Paradigm for Health Data Utilization
What You Should Know: Komodo Health unveils MapEnhance, a network of speciality data partners that seamlessly connects new datasets — including genomic, lab, cost and clinical insights — to Komodo's Healthcare Map, to drive faster and timelier insights across healthcare and Life Sciences.With MapEnhance, Komodo is bringing the industry a more seamless way to leverage clinical intelligence and customize data inputs from a variety of real-world data sources,
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PathAI and ConcertAI Partner to Create Histopathology & Clinical RWD Solutions
What You Should Know: PathAI, a provider of AI-powered pathology, and ConcertAI, an AI software-as-a-service (SaaS) technology and real-world evidence (RWE) solutions for life sciences and healthcare, today announced a strategic partnership to launch a first-in-class quantitative histopathology and curated clinical real-world data (RWD) solution.The solution combines PathAI's PathExplore™ tumor microenvironment panel with ConcertAI's Patient360™ and RWD360™
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Salesforce Launches New Customer 360 for Health Capabilities to Deliver More Personalized Patient Experiences
What You Should Know: - Salesforce today announced new Customer 360 for Health capabilities that help healthcare providers deliver more personalized patient experiences and reduce operational costs. - Customer 360 for Health helps healthcare and life sciences organizations enhance the overall care experience with the full power of Salesforce technology, including real-time data from Data Cloud, Einstein AI, and automation with Flow. New Customer for
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4medica’s EMPI Platform Now Available on Google Cloud Marketplace
What You Should Know: 4medica®, a healthcare data quality and matching technology company, today announced that the 4medica Enterprise Master Patient Index (EMPI) platform is now available on Google Cloud Marketplace.Built on Google Cloud’s Healthcare API, 4medica’s EMPI offers healthcare organizations access to a highly scalable data management services such as referential matching and identity enrichment. Impact of Poor Healthcare Data Quality Far
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Exec Hires: COTA Appoints First Chief Commercial Officer
What You Should Know: - COTA, Inc., an oncology real-world data and analytics company, today announced the appointment of Sandy Leonard as its first Chief Commercial Officer. - As CCO, Sandy will drive COTA’s life sciences growth strategy, prioritizing customer success and experience. More specifically, she will lead a team that is laser-focused on ensuring that pharmaceutical partners have the data assets, analytics, services, and support they need to develop life-saving
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