New venture firm launches with $21M to invest in digital health
Create Health Ventures, which will focus on investing in payer- and pharma-facing early-stage digital health companies with founders with experience in the healthcare industry, announced its launch after closing its first fund of $21 million. The VC firm will invest in startups offering B2B platforms focused on payers and pharmaceutical companies that aim to improve patient engagement and the patient care journey, including clinical trial recruitment and retention. "We’ve heard firsthand from payers, providers and pharmaceutical companies that their business goals are to elevate the patient experience, facilitate better health outcomes and improve access to care for all, especially those with health disparities," Emma Cartmell, cofounder and managing partner of Create Health Ventures, said
Amedisys and UnitedHealth Group to divest some home health assets, clearing path for $3.3B Optum deal
Amedisys, a large home health provider, plans to divest a number of care centers to an affiliate of VitalCaring Group in advance of its planned merger with UnitedHealth Group later this year. VitalCaring also acquired some UnitedHealth Group care centers in the deal, according to a filing with the U.S. Securities and
Private equity firm Altaris plans to take Sharecare private in $518M acquisition deal
Digital health company Sharecare has agreed to be acquired by private equity firm Altaris for $1.43 in cash per share, or about $518 million. The merger consideration of $1.43 per share represents a premium of approximately 85% over the closing price of Sharecare on June 20, 2024. Altaris plans to take Sharecare
New Immersive Technology Suites Giving Students A Hands-On Learning Experience
Coventry University has made a significant investment in immersive technology with a £3 million upgrade, enhancing its healthcare and engineering training facilities. The university’s School of Health and Care and College of Engineering, Environment and Science have each received state-of-the-art technology funded by a £5 million grant from the Office for Students. The School of Health and Care has introduced a VR Cave Automatic Virtual Environment (CAVE), a sophisticated simulation tool supplied by Animmersion UK. This CAVE features a large simulation screen that wraps around three walls, allowing students to experience various healthcare settings and interact with simulated patients using 3D headsets. The technology supports clinical practice in a safe environment where students can
Kaiser Permanente, Walgreens' CareCentrix back Vesta Healthcare's $65M round
Virtual care provider Vesta Healthcare announced the close of $65 million in series C funding with new debt financing. The round brings the company to a total of $160 million raised since 2019. Vesta Healthcare, a digital health support company for seniors, specializes in at-home care support and acts as the connective
U.S. Health Industry Projected to Surpass GDP Growth Over the Next Decade
As the U.S. economy continues to expand, the health industry is forecasted to grow at a pace that exceeds the growth of the gross domestic product (GDP). During the projection period from 2023 to 2032, national health expenditures are expected to average a growth rate of 5.6%, significantly outpacing the nominal GDP
New Rapid Test for Toxoplasma Gondii Infection Shows Promise in Preventing Fetal Transmission and False Positives
A breakthrough in the detection of infections caused by the parasite Toxoplasma gondii offers an inexpensive and highly accurate diagnostic test that can deliver results within 30 minutes from a finger-prick in a doctor's office or within an hour from a small blood sample tested in a local laboratory. This new test, developed by LDBIO Diagnostics of Lyon, France, is designed to identify false positives in other commercial diagnostic tests for toxoplasmosis, providing quick reassurance to uninfected pregnant women and their doctors and enabling timely interventions to protect fetuses in acutely infected mothers. These findings are highlighted in a study led by toxoplasmosis specialist Dr. Rima McLeod, Professor of Ophthalmology and Visual Science and Pediatrics at the University of Chicago,
Simoctocog Alfa Proves Effective in Managing Severe Hemophilia A in Children: Recent Studies Highlight Efficacy and Safety
Recent studies published in Therapeutic Advances in Hematology have highlighted the efficacy and safety of simoctocog alfa in preventing and treating bleeding episodes in children with severe hemophilia A. Notably, these studies reported low rates of inhibitor development, an important consideration in managing this
Revolutionizing Radiology: The Impact of AI Integration in Healthcare
In recent years, artificial intelligence (AI) has made significant inroads into various sectors, with healthcare being one of the most promising fields for its application. One of the most notable advancements in this domain is the integration of AI in radiology, where innovative solutions are transforming diagnostic
The Wellness Cube: A Breakthrough in Personal Health Monitoring
In the fast-evolving landscape of health technology, a revolutionary device has emerged to empower individuals in monitoring and managing their well-being: the Wellness Cube. Developed by a team of biomedical engineers and healthcare experts, this compact and versatile device represents a leap forward in personalized health monitoring and management. Introducing the Wellness Cube The Wellness Cube is a portable, all-in-one health monitoring device designed to provide comprehensive insights into various aspects of personal health. Its sleek design integrates advanced sensors and cutting-edge technology to measure vital health parameters accurately and non-invasively. Key Features and Functionalities Real-Time Health Monitoring: The Wellness Cube continuously tracks vital signs such as heart
The Evolution of Dentistry: From Barber-Surgeons to AI-Driven Innovations
Dentistry, an integral part of healthcare, has undergone a remarkable transformation from its crude and often painful beginnings to the advanced, technology-driven practices of today. This evolution is marked by significant milestones and pioneering figures who have shaped the field into its current state,
Aston University Collaborates with PFE Medical to Enhance Endoscope Cleaning and Patient Safety
In a groundbreaking initiative aimed at revolutionizing endoscope cleaning procedures, Aston University has embarked on a collaborative venture with PFE Medical, a leading medical products company based in Stoke-on-Trent. The partnership, facilitated through a Knowledge Transfer Project (KTP), seeks to address the
Smart Meter Launches Advanced iGlucose Plus for Enhanced Diabetes Management
Smart Meter, a leading supplier of cellular remote patient monitoring (RPM) solutions, has announced the release of iGlucose Plus, the latest iteration of its patented cellular-connected glucose meter. This new device is designed to improve diabetes management for both patients and healthcare providers by offering real-time blood glucose monitoring and multi-language capabilities. iGlucose Plus simplifies diabetes management by eliminating the need for synching, pairing, or dependence on smartphones and Wi-Fi. It features built-in cellular technology that automatically transmits blood glucose readings to healthcare providers, facilitating real-time tracking of glucose levels from any location. The device boasts a color LED screen, enhancing user experience by providing clear instructions
YPrime Introduces Revolutionary Glucometer Functionality to Enhance Clinical Trials
YPrime, a leading provider of innovative solutions for clinical trials, has recently unveiled a groundbreaking glucometer functionality integrated into its electronic Clinical Outcome Assessment (eCOA) platform. This innovative feature, developed in collaboration with diabetes patients, aims to revolutionize the
Breakthrough Robotic Bronchial Endoscopic System Reduces Medical Staffing Needs in Airway Emergencies
In a collaborative effort between the Korea Institute of Machinery and Materials (KIMM) and Chungnam National University Hospital, a pioneering robotic bronchial endoscopic system has been developed, promising to revolutionize emergency interventions for airway blockages in individuals ranging from infants to the
New Drug Shows Promise in Preventing Sepsis-Related Organ Failure, Study Finds
Researchers from The University of Queensland (UQ) and the Queensland Children’s Hospital (QCH) have reported significant progress in the fight against sepsis-related organ failure, unveiling a groundbreaking drug designed to restore the health of blood vessels. In a pioneering study, Dr. Mark Coulthard from UQ and the QCH’s Paediatric Intensive Care Unit, along with his team, successfully tested the first-in-class drug in mice. The drug aims to counteract the damage caused by sepsis to endothelial cells, the lining of blood vessels, which become leaky during the condition, leading to abnormal fluid shifts and eventual shutdown of the blood supply to vital organs. Dr. Coulthard emphasized the importance of addressing the root cause of organ failure in sepsis patients, noting that previous
New Study Reveals Groundbreaking Reversible Anticoagulant
A recent study published in Nature Biotechnology has introduced a novel anticoagulant with on-demand reversibility, marking a significant advancement in the field of blood-thinning medications. This innovative drug, developed by researchers at the University of Sydney and the University of Geneva, could revolutionize
UC San Diego Researchers Develop AI Algorithm Accelerating Drug Discovery
Scientists at the University of California, San Diego (UC San Diego) have unveiled a groundbreaking machine learning algorithm designed to revolutionize early-stage drug discovery processes. The innovative technology, detailed in a study published in Nature Communications, holds promise for expediting drug development
Engineering extracellular vesicles for potential treatment of type 1 diabetes
Within each of us lies an army of cells whose topmost duty is protecting against external pathogens and internal threats such as proliferating cancer cells. Yet, immune cells can sometimes erroneously attack the body, causing autoimmune diseases like type 1 diabetes. Texas A&M researchers recently received an RO1 grant from the National Institutes of Health to develop a strategy to deliver immune-suppressing proteins generally produced by specialized stem cells. Such an approach could potentially help reduce the immune system's attack on the insulin-producing beta-cells in the pancreas and open doors to a novel treatment for type 1 diabetes. "We are excited that the NIH will be supporting us in our research in this area, which has implications for not just type 1 diabetes but also other
The Evolution of Health Data Analytics: Transforming Patient Care and Outcomes
Health data analytics is rapidly evolving, playing a crucial role in transforming patient care and improving outcomes. By harnessing vast amounts of healthcare data, analytics tools provide actionable insights that drive more informed decisions, enhance patient management, and optimize healthcare delivery. Here’s a
Breakthrough study uncovers TIP60’s role in DNA access and disease mechanisms
To transcribe the information contained in our genes or to repair the dozens of breaks that occur daily in our DNA, our enzymes must be able to directly access the DNA to perform their functions. However, in the cell nucleus, this access is limited because the DNA strands are often tightly coiled and packed around
The Health Benefits and Risks of Soursop: An In-Depth Look at Annona muricata Lin.
Soursop, scientifically known as Annona muricata Lin., is a tropical fruit from the custard apple (Annonaceae) family. Known for its distinctive sweet and sour flavor and creamy texture, soursop is also commonly referred to as graviola, guanabana, or Brazilian paw-paw. This fruit, covered in spiny skin, is not only a popular food source but also a significant component of traditional medicine used to treat various conditions such as arthritis, nervous disorders, and diarrhea. This article provides a comprehensive overview of soursop, its nutritional profile, potential health benefits, and associated risks. Nutritional Profile of Soursop Soursop is a nutrient-dense fruit that provides a variety of health-supportive components. A one-cup serving of raw soursop contains: Calories: 148
Does coconut oil offer promise of glaucoma cure?
In a health landscape saturated with conventional wisdom, former glaucoma sufferer Joe Lovett has emerged as a harbinger of change, boldly claiming that he successfully cured his debilitating eye condition with the humble yet versatile coconut oil. This revelation challenges established medical norms surrounding
Discover the incredible ways cinnamon boosts your health
There are different types of cinnamon All cinnamon is not created equal. There are distinct types, with Cassia containing a compound called coumarin that can be risky in large amounts. On the other hand, Ceylon cinnamon, often called “true” cinnamon, has lower coumarin levels, making it a safer choice. While Cassia is
Recent moves by Epic, Carequality mark a major shift in interoperability, health IT experts say
Electronic health records giant Epic recently announced plans to transition its customers to a new government-backed data exchange by the end of next year. "By the end of 2024, our goal is that the full Epic community will have committed to transition to TEFCA with plans to be live by the end of 2025," the EHR vendor wrote in an Aug. 16 news release. The Trusted Exchange Framework and Common Agreement (TEFCA) is a nationwide network to exchange patient data that was mandated by the 21st Century Cures Act back in 2016. TEFCA, which went live in December, was designed to create an infrastructure to enable data sharing between health information networks. TEFCA marks a critical step in establishing universal connectivity across providers and establishes universal governance, policy and a
Advanced Robotic Surgery System Sets New Standards for Precision and Recovery
In a groundbreaking advancement for surgical technology, the latest robotic surgery system, named SurgiMaster X1, has been unveiled, setting new standards for precision and patient recovery. Developed by MedTech Robotics, this state-of-the-art system integrates advanced robotics, artificial intelligence, and real-time
3D Printing in Healthcare: Customization and Innovation
3D printing technology has revolutionized healthcare by enabling the creation of custom-made medical devices, prosthetics, and even tissues and organs. This innovative approach allows for precise customization tailored to individual patient needs, enhancing treatment outcomes and improving quality of life. One of the
Canadian Physicians Embrace Digital Tools, But System Integration Still Lags
The 2024 National Survey of Canadian Physicians highlights the growing adoption of digital tools among Canadian physicians, aimed at enhancing patient care. However, the report stresses the need for better integration within the health system to fully realize the benefits of these technologies. The survey shows a significant increase in the use of electronic tools, particularly driven by challenges like the COVID-19 pandemic and ongoing health human resources (HHR) shortages. Key findings indicate progress in reducing administrative burdens and improving patient care through digital adoption. Currently, 95 percent of physicians use electronic records for entering and retrieving patient notes, a notable rise from 87 percent in 2021, 82 percent in 2017, and only 39 percent in 2010.
TriNetX Achieves High-Level ENS Certification for Healthcare Data Protection in Spain
CAMBRIDGE, Mass., Sept. 18, 2024 /PRNewswire/ -- TriNetX®, a global leader in real-world data and evidence insights, has announced that its TriNetX LIVE™ platform has received high-level certification from Spain’s National Security Scheme (Esquema Nacional de Seguridad, ENS). This certification signifies TriNetX's
Zydus Life Gains Approval from COFEPRIS to Market Mamitra in Mexico
Zydus Lifesciences Ltd, a prominent pharmaceutical company, has achieved a significant milestone in its operations in Mexico. The company’s shares saw an uptick of 2.45%, reaching an intraday high of Rs 1,248.60 on July 31, following the announcement that it received approval from COFEPRIS, the Mexican health
Arab Health anticipates 3,000 companies from 70 countries for its next edition in January
The 2023 edition of Arab Health will return to the Dubai World Trade Centre from 30th January – 2nd February under the show's theme, 'Innovation and Sustainability in Healthcare', the organizers said. Exhibitor companies are also anticipated to rise, increasing from 2,828 to over 3,000 from 70 countries, according to Informa Markets. Arab Health has underscored its position as the epicenter of healthcare trade and reaffirmed its support for global businesses and governments by securing AED2.8 billion worth of healthcare industry-related contracts, according to a GRS Explore Exhibitor Survey during the 2022 edition, which was held in Dubai in January. The exhibition plays an integral role in supporting UAE Government initiatives such as ‘Make it in the Emirates’, a platform for developing
Oman Health Exhibition & Conference returns from 26-28 September 2022 at the Oman Convention & Exhibition Centre, Muscat, Oman.
The demand for healthcare facilities and medical supplies has drastically increased in the Sultanate of Oman, as the nation witnessed a rapid recovery from the COVID-19 pandemic. To give impetus to the healthcare industry, the 13th edition of Oman Health Exhibition & Conference (OHEC) will be held in-person from 26-28
New era: Healthcare 5.0 technologies at Healthcare Automation and Digitalization Congress 2022
New era: Healthcare 5.0 technologies at Healthcare Automation and Digitalization Congress 2022 Healthcare 5.0 technologies and smart healthcare services are presented at Healthcare Automation and Digitalization Congress (AUTOMA+ Healthcare) Switzerland on September 26 - 27, 2022. The Congress gathers industry leaders