automation

A doctor reviewing a patient's scan
By  Adam Ang 03:42 am June 27, 2024
Cloudphysician, a provider of ICU technology solutions in India, has scored $10.5 million in a funding round led by Peak XV Partners.  The round was also joined by Panthera Peak and Elevar Equity – from which it also raised $4 million in Series A funding in 2021.  WHAT IT DOES Established in 2017, the startup offers a smart ICU and emergency department system called RADAR. It features four AI-...
A laptop showing Heidi Clinician's AI-powered features
By  Adam Ang 01:58 am November 15, 2023
Melbourne-based health tech startup Heidi Health has raised A$10 million ($6.5 million) in a Series A funding round led by Blackbird Ventures.  Hostplus, Hesta, Wormhole Capital, Archangel Ventures, Possible Ventures and Saniel Ventures also participated in this investing round.  This brings its total investments to date to A$15 million ($9.7 million); Blackbird Ventures also led its seed funding...
Automation
By  Parth Desai and Eric Bowman 09:35 am November 5, 2021
As healthcare organizations continue to navigate the impacts of the COVID-19 pandemic, they face a new operating reality. Labor displacement, financial uncertainty and new production demands have disrupted day-to-day operations.  Healthcare providers, payers and life sciences are seeking technology to help improve workforce productivity. The search has boosted tailwinds for the adoption of...
Screenshot of the Beamtree landing page
By  Thiru Gunasegaran 05:49 am August 27, 2021
Australian healthcare technology company Beamtree, formerly known as Pacific Knowledge Systems, has announced the acquisition of healthcare analytics firm Ainsoff for A$1 million ($725,000). The company also announced the appointment of international health service leader Dr Mark Britnell as chair of its new advisory board. WHAT IT'S ABOUT According to a press release, the company will absorb...
Dollar bills rolled into tubes
By  Dave Muoio 05:10 pm December 9, 2020
Blueprint, a Chicago-based startup building patient data collection software for mental health clinicians, has announced a $3.4 million seed funding round, bringing its lifetime raise to $4.7. Bonfire Ventures led the latest investment, which also included Lightbank and other unnamed angel investors. WHAT IT DOES Blueprint (not to be confused with the healthcare IT accelerator Blueprint Health)...
By  Dave Muoio 03:12 pm December 1, 2020
Olive, an artificial intelligence startup aiming to lessen the burden of healthcare administration tasks, announced today that investors have added another $225.5 million to its coffers, bringing its nine-month and lifetime fundraising totals to $385 million and $448 million, respectively. Tiger Global led the latest investment, which also saw participation from returning backers General Catalyst...
By  Dave Muoio 03:38 pm August 10, 2020
Lumeon, a Boston- and London-based care-management-automation startup, has announced $30 million in new Series D funding. Optum Ventures and Endeavour Vision co-led the raise, which also included LSP, MTIP, IPF Partners, Gilde and Amadeus Capital Partners. WHAT IT DOES Lumeon's primary offering is its EHR-integrated Care Pathway Management platform. The tool incorporates clinical and...
By  Dave Muoio 02:55 pm April 27, 2020
Implementation of either an automated or semi-automated deep learning system for diabetic retinopathy screening could lead to cost savings at the health-system level, according to an economic analysis modeling study recently published in The Lancet Digital Health. Backed by Singapore's Ministry of Health, the investigation looked at data from a national diabetic retinopathy screening program...
By  Dave Muoio 04:18 pm April 8, 2020
Healthcare may be bracing for a major shortage of providers and services in the coming years, but even now the industry is straining to meet an ever-growing demand for personalized, patient-friendly care. Artificial intelligence has often been touted as the panacea for this challenge, with many pointing to finance, retail and other industries that have embraced automation. But the consumerism...
By  Dave Muoio 03:01 pm March 31, 2020
Olive, an artificial intelligence company tackling healthcare administration tasks, has closed $51 million in a funding round led by General Catalyst. Also participating in the raise were the company's existing backers Drive Capital, Oak HC/FT, Ascension Ventures and other unnamed investors. WHAT THEY DO Olive's "AI Workforce" is designed to automate a selection of tedious, high-volume...