Category: digital health

Digital health funding dips: Report

U.S. digital health startups secured $10.1 billion across 497 deals in 2024, slightly below 2023 figures, a Jan. 13 report from Rock Health found.

Independence Health to create data platform

Independence (Pa.) Health is teaming up with Mitsui & Co. to create Avehealth USA, a new data platform designed to improve patient care by analyzing medical and performance data, Trib Live reported Jan. 12. 

Providence spins out venture capital arm, invests $150M in 3rd fund

Providence’s venture capital arm has spun off from the health system and rebranded as Allumina Ventures.

Intermountain sells analytics model

Salt Lake City-based Intermountain Health has sold its proprietary behavioral health analytics model to Philadelphia-based NeuroFlow, a behavioral health technology company, to expand the model’s reach and impact.

3 healthcare unicorns in '24

Despite a mixed year for venture capital investment in healthcare, three digital health companies became “unicorns” in 2024.

AtlantiCare sees 80% adoption of Oracle's AI agent

AtlantiCare is seeing success with the implementation of Oracle Health’s Clinical AI Agent (CAA), formerly known as the Oracle Clinical Digital Assistant.

Houston Methodist's digital health institute debuts

Rice University and Houston Methodist have partnered to establish the Digital Health Institute, a multiyear initiative aimed at leveraging technology and collaborative expertise to advance healthcare.

9 health systems launch Center of Digital Excellence

Nine health systems have joined the American Telemedicine Association’s Center of Digital Excellence as founding members.

UPMC Enterprises sells portfolio company

UPMC Enterprises, the innovation, commercialization and venture capital arm of Pittsburgh-based UPMC, sold a portfolio company to Carta Healthcare.

Lawsuit against Olive AI dropped

An Ohio economic development organization has dropped a lawsuit against defunct health IT company Olive AI, Columbus Business First reported Dec. 4.