Dentist gone digital. On Friday CareStack, a cloud-based technology company that caters to the dental industry, announced that it scored $16 million in funding. The round was led by Accel, F-Prime Capital Partners, and Eight Roads Ventures.
“CareStack is helping dental practices across the country gain better control of their operations, which is leading to better patient care. We are excited to partner with leading firms like Accel, F-Prime Capital Partners, and Eight Roads Ventures, along with our existing investors, as we continue to expand the development of our cloud-based enterprise platform and grow our network of dental practices using the platform,” Ben Walling, chief product officer of CareStack, said in a statement.
The company will also be opening a new technology development office in Cambridge, Massachusetts. Its platform manages dental offices clinical, financial, and administrative workflows.
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I learn better through Netflix. Educational videos could be a key to improving patient consent, according to an Emory University study. The study showed that the videos significantly improved the understanding of the risks, benefits, and procedure.
Doctors who were involved in the study also believed that they spent less face-to-face time answering consent questions if a patient watched the video first. Researchers noted that this could save doctors time and improve physician burnout rates.
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Sloan Kettering responds to Paige.AI relationship criticisms. A ProPublica and New York Times report describing exclusive data sharing between Memorial Sloan Kettering Cancer Center and Paige.AI, a healthcare AI company led by heads of the hospital, have raised concerns among employees and the public on appropriate financial relationships between the nonprofit hospital and for-profit startup. Since the story broke, the hospital defended its partnership in a companywide email to employees describing “mischaracterizations included in the article,” such as the specifics of which patient data was being shared and a reaffirmation that the relationship was vetted by independent members of its board and management.
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For doctors on the go. Last week saw the launch of Tempus Labs, an app that allows physicians to more conveniently access secure patient information. Specifically, the app can display patients’ reports, structured clinical information, molecular alterations, potential therapies, and relevant clinical trial options, according to a statement.
“We live in a mobile society where people have access to incredible amounts of data at their fingertips every day,” Eric Lefkofsky, founder and CEO at Tempus, said in a statement. “Our new app is a big step in the right direction to bring some of the advantages of that technology to physicians as they treat patients.”