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☆ Suki just raised $70 million for its healthcare AI assistant to beat out rival Abridge. See the 17-slide pitch deck it used.
▼ + stars: | 2024-10-10 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +4 min

Suki just raised $70 million in Series D funding led by Hedosophia for its medical AI assistant. It's competing with hot startups like Abridge as VCs scramble to place their bets in healthcare AI. The startup just landed a $70 million Series D round led by Hedosophia, a secretive UK-based VC firm led by Ian Osborne. Suki's biggest competitor is healthcare AI startup Abridge, which raised a $150 million Series C at a $850 million valuation in February and is backed by big names like Lightspeed Venture Partners and CVS Health Ventures. Here's the pitch deck Suki used to raise $70 million from Hedosophia.

Persons: Suki, Hedosophia, —, Punit Singh Soni, It's, Ian Osborne, transcribes, Kleiner Perkins, Abridge, Soni, EHR, he's Organizations: Service, Flare, Breyer Capital, InHealth Ventures, Fund, Suki's, Lightspeed Venture Partners, CVS Health Ventures, Veterans Health Administration Locations: Abridge, Hedosophia

Abridge: AI transcription for doctors and providersMarisa Bass (left) is a principal at Primary, and Shravan Narayen is a partner at IVP. Primary; IVPStartup: AbridgeRecommended by: Marisa Bass, Primary Venture Partners; Shravan Narayen, IVPRelationship: Primary has no financial interest in Abridge. IVP is an investor in Abridge. Total funding: $212.5 millionWhat it does: Abridge's generative AI tech transcribes patient-doctor interactions and documents those visits in electronic health records. Narayen and Bass highlighted Abridge's partnership with EHR giant Epic, which could help the startup gain more traction with hospitals this year.

Persons: Marisa Bass, Shravan, Abridge, Bass Organizations: IVP, Primary Venture Partners Locations: Abridge

☆ A journey inside Epic Systems' mythical and sprawling campus, a world away from Wall Street
▼ + stars: | 2024-09-01 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +11 min

The Oz office building on Epic's campus. Touring Epic's campus, it's clear that the company exists a universe away from Wall Street. They're clustered into mini-campuses, with names like Prairie Campus, Farm Campus, Central Park Campus, Wizards Academy Campus and Storybook Campus. Around 750 acres of Epic's campus are active farmland sprinkled with 42 sheep, 14 cows and a donkey. The campus' buildings are connected via a network of tunnels and enclosed skyways, so people don't have to step outside to travel between them.

Persons: Epic Systems Dorothy Gale, Judy Faulkner, Faulkner, Oracle's, Cerner, Epic Systems Faulkner, Harry Potter, Sherlock Holmes, Ken Glueck, Seth Hain, Epic's, Hain, " Hain Organizations: Epic Systems, Academy, Systems, Oracle, Wizards Academy Campus, skyways, Systems Employees, Academy Campus, Health, Cosmos Locations: Kansas, Verona , Wisconsin, Madison, Verona, U.S, San Francisco, Seattle, New York, Prairie, Park, Epic's

☆ ‘It’s putting patients’ lives in danger’: Nurses say ransomware attack is stressing hospital operations
▼ + stars: | 2024-05-29 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +9 min

“It’s putting patients’ lives in danger,” said a nurse who works at Ascension Providence Rochester Hospital, a 290-bed facility about 25 miles north of downtown Detroit. The health care sector reported 249 ransomware attacks to the FBI last year, more than any other sector, with some cases affecting patient records. And, perhaps more than any other sector, health care firms hold an enormous volume of sensitive data that is ripe for targeting and extortion schemes. The hack cut off health care providers from billions of dollars of revenue and snarled service at pharmacies across the US. (She said her firm had no specific insights into the Change Healthcare or Ascension ransomware attacks.)

Persons: cyberattack, “, ”, cybercriminals, Mac Walker, Walker, ” Walker, Ascension’s, Ascension, Dina Carlisle, “ There’s, Andrew, ” Sezaneh Seymour, ” Bryan Vorndran, Vorndran Organizations: CNN, Ascension Providence Rochester Hospital, “, FBI, Biden, White House, Department of Health, Services, OPEIU, University of Minnesota School of Public Health, Change Healthcare, UnitedHealth, Healthcare Locations: Detroit, Birmingham , Alabama, St, Louis, Rochester , Michigan, ” OPEIU

☆ Inside Oracle's Deadly Gamble on Cerner and Electronic Health Records
▼ + stars: | 2024-05-20 | by ( Ashley Stewart | Blake Dodge | ) www.businessinsider.com time to read: +29 min

That was the promise of Cerner, the medical-records company Oracle bought in 2021 for $28.3 billion — Oracle's biggest acquisition. At the time, Cerner managed the electronic health records for a quarter of all American hospitals, including those run by the Pentagon and the Department of Veterans Affairs. Larry EllisonCerner's electronic records, in short, were a deadly disaster for the VA. Never mind the futuristic, AI-driven healthcare system Ellison envisioned. In 2015, it beat out Epic, its main competitor, for a $4.3 billion contract to handle electronic health records for the Defense Department. It had agreed to process tens of millions of crucial medical records, but it couldn't handle the subsequent deluge of data.

Persons: Larry Ellison's, Ellison, Cerner, I'm, Larry Ellison, Neal Patterson, Cerner's, Patterson, Ellison's, they're, David Shulkin, Margaret Albaugh, Cerner couldn't, Charlie Bourg, —, Larry, Marc Benioff, Ellison protégé, Mike Wilson, David Agus, oncologist, Agus, he'd, Steve Jobs, Sensei, We've, Georges De Keerle, Cerner —, hadn't, Mike Sicilia, Sicilia, Oracle, Anthony Jones Jr, Jones, Donald Remy, didn't, Seema Verma, Neil Evans, Sara Vaezy, Ed Meagher, haven't, Charlie Monroe —, it's, Charlie Bourg —, Bourg, Charlie Monroe, Monroe, Cathy McMorris Rodgers, grandkids, We're, there's Organizations: Oracle's, Oracle, Pentagon, Department of Veterans Affairs, Cerner, RAND Corporation, RAND, Big Tech, GE, Siemens, Cerner Corporation, Defense Department, Department of Defense, Business, Spokane, Ellison Institute of Technology, Microsoft, Agency, Health, Amazon, Veterans ' Affairs, Oracle Health, Navy, Columbus VA, BI, Life Sciences, Intermountain Health, UPMC, DOD, Seabees Locations: Las Vegas, antiaging, Silicon Valley, Spokane , Washington, Cerner, VistA, Bourg, Washington, Sicilia, Ohio, Columbus, Providence, Spokane, Monroe, CloudWorld

☆ Health records giant Epic cracks down on startup for unauthorized sharing of patient data
▼ + stars: | 2024-04-12 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Epic Systems, the largest provider of software for managing medical records, says a venture-backed startup called Particle Health is using patient data in unauthorized and unethical ways that have nothing to do with treatment. Epic told customers in a notice on Thursday that it cut off its connection to Particle, hindering the company's ability to tap a system with more than 300 million patient records. Particle is one of several companies that acts as a sort of middleman between Epic and the organizations — typically hospitals and clinics — that need the data. Patient data is inherently sensitive and valuable, and it's protected by the Health Insurance Portability and Accountability Act, or HIPAA, a federal law that requires a patient's consent or knowledge for third-party access. To join the network, organizations are vetted and have to agree to abide by clear "Permitted Purposes" for the exchange of patient data.

Persons: Carequality Organizations: Systems, Health, CNBC, KLAS Research, Oracle Locations: Wisconsin, U.S

☆ 2 General Catalyst health-data startups are joining forces to create a $6 billion AI colossus and lay the groundwork for an IPO
▼ + stars: | 2023-10-09 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +4 min

The General Catalyst-backed startups Commure and Athelas are merging in a deal to bring more artificial-intelligence tech to hospitals and health systems. The new company, which is keeping the name Commure, plans to stack Athelas' software on top of Commure's data platform for health systems. General Catalyst is investing $70 million in the new firm at a $6 billion valuation, and Tanay Tandon, the founder and CEO of Athelas, will lead the combined company. Commure will consider companies making those tools in a range of categories, including credentialing, contracting, and patient engagement, he said. The company has about 100 open positions, Tandon said, and expects to hire hundreds more people in 2024.

Persons: Tanay Tandon, Hemant Taneja, Tandon, Commure, Catalyst, Athelas Organizations: Catalyst, General

☆ A top digital health investor predicts that a big tech company like Amazon or Salesforce will buy a mountain of patient health records in 2023
▼ + stars: | 2022-12-28 | by ( Blake Dodge | ) www.businessinsider.com time to read: +4 min

She said that next year, a tech giant will buy an electronic medical records company. Missy Krasner, who oversaw several health efforts at Google and Amazon, predicts that a large technology firm will buy a mountain of patient medical records in 2023. EHR companies provide software that doctors use to store and analyze medical records and other kinds of patient data. The timing is right for big tech to make a play for patient dataThe timing may be right for a big tech company to buy its way into owning patient data. Tech companies have made seismic investments in this area.

In this light, artificial intelligence (AI) and emerging technology have become increasingly prevalent, propelling efforts to improve patient care, solutions, and overall healthcare outcomes. These groups have clinical, operational, and technology experts working together to identify actual healthcare delivery and operational problems that can be addressed using AI, emerging technologies, and digital health tools. The hospital established specialized and certified applied healthcare AI programs tailored to healthcare staff for promoting AI and emerging technology capabilities and their applications in healthcare. As a result, multiple value-driven AI and emerging technology systems built in-house have been deployed in various clinical and operational units. Constant progress: Healthcare providers need to set clear boundaries for adopting AI and emerging technology as tools for supporting evidence-based medicine.

☆ (foto) Ritualul și cultura ceaiului în diverse zone geografice
▼ + stars: | 2015-09-21 | by ( Onixmedia Srl | ) diez.md time to read: +4 min

Cultura ceaiului este o tradiție care, în pofida trecerii timpului, s-a păstrat și este valorificată până în prezent. Africa de Est„Multe dintre ceaiuri sunt cultivate în Malawi și Kenya și au un parfum bogat, neobișnuit și distinctiv“. Prospețimea oferă ceaiului o nuanță suplimentară și sporește căldura și senzualitatea lui“. „Ceaiul în sine este o combinație între ceai verde și o mulțime de mentă uscată sau proaspătă, cu zahăr după gust. „Ceremonia ceaiului a fost, inițial, între oamenii de elită, o ceremonie care a furnizat un forum de creare a legăturilor sociale pentru conducătorii antici ai Japoniei.

Persons: Heidi Johannsen Stewart, Stewart ., Earl Grey, Regina Organizations: Rusia Locations: China, Yunnan, Africa de Est, Malawi, Kenya, Africa, britanici, India, Indiei, Brooklyn, Maroc, Britanice, Regatul Unit, Japonia, Occident, Japoniei

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