Red, white, and glue
Clinical practice is a complex dance of balancing clinical, financial, and administrative tasks, and it’s hard to do gracefully. Physicians spend an average of 16 minutes during each patient visit logging data into an EHR (hello, burnout!), and the likelihood of clinicians leaving their organizations has been correlated to dissatisfaction with their IT systems. But as a perfect storm of factors collide—with health systems and insurers working to meet Cures Act requirements; tech players like Oracle stepping in with the acquisition of EHR vendor Cerner; plus investors loading health data infrastructure and interoperability startups with a record $2.2B in funding in 2021—the times may finally be a-changin’ for data innovation. Check out our latest piece for a summary of the current interoperability landscape (with a huge hat tip to interoperability pioneers, from FHIR warriors to Blue Button champions and beyond), and a look toward the opportunities that health data transformation opens for new business models and improved care delivery.
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Headlines
How Supreme Court Decision Could Trigger Investment
Navigating new legal landscape creates opportunity for innovation and disruption Axios
HIPAA Won't Protect You If Prosecutors Want Your Reproductive Health Records
+ Genetic screening results just got harder to handle STAT
The Promise Of Digital Health: Then, Now, And The Future
Conditions and priorities to ensure digital health fulfills its potential National Academy of Medicine
Merck Launches Healthcare Startup Incubator For AI Developers
Funding and resources available for 12 AI/ML startups Fierce Biotech
Flawed Design Is Why Hospitals Are Not Complying With Price Transparency Rules
Digital health companies can help hospitals meet requirements MedCity News
Recent Funding
- Healthcare jobs marketplace Nomad Health locks in $105M
- PicnicHealth snags $60M to help patients access their healthcare data
- Home health coordinator Tomorrow Health collects $60M
- Cognito Therapeutics secures $50M to advance treatments in cognitive decline
- Faeth, a precision nutrition program for cancer patients, raises $47M
- Socially Determined lands $26M for its social determinants of health platform
- Ria Health, a virtual clinic for alcohol use disorder treatment, adds $18M
- Healthcare administration software Regard pulls in $15.3M
- Risk adjustment software startup ForeSee Medical grabs $6.7M
- STRIVE closes on $6M for its athletic performance-tracking wearables
- Patient engagement software LifeLink Systems locks in $5.7M
- Mindera Health raises $3.5M to identify dermatology biomarkers and predict conditions