At every state of development, the unique complexities of the healthcare industry stall progress. Innovators can start by partnering with existing entities that already have robust access to healthcare expertise, distribution, networks and funding, along with demonstrated capability to conduct real-world pilots.
Why start with innovation? Because it’s where the products, tools, solutions, and ideas that will change the status quo are born. Without diversity of thought, experience, and perspective, the end result of innovation only serves those already at the table.
Rehovot Science Park What You Should Know: – Pfizer, AstraZeneca, Merck, and Teva, and Amazon Web Services (AWS) has been selected by the Israel Innovation Authority to establish an innovation lab in the fields of digital health and computational biology. – The innovation lab located… Read More »Amazon, AstraZeneca, Pfizer, Merck to Build $10M Digital Health Innovation Lab in Israel
What You Should Know: – Virtual maternity care platform Babyscripts announced a new round of investments from Banner Health, CU Healthcare Innovation Fund, The Froedtert & Medical College of Wisconsin Health Network, and WellSpan Health – Using internet-connected devices for remote monitoring, Babyscripts offers risk-specific… Read More »Banner Health, WellSpan, Others Invest in Virtual Maternity Care Platform Babyscripts
What You Should Know: – OTV (formerly Olive Tree Ventures), Israel’s ‘digital health first’ venture capital firm closes $170 million venture fund to support innovative digital health companies worldwide. – OTV also announced today a new China office and the appointment of Jose Antonio Urrutia Rivas… Read More »Israeli Digital Health VC Firm OTV Closes $170M Venture Fund
Recent Executive Hires: CVS Health New President, Cleveland Clinic/Amwell Joint Venture Leadership, Others
Neela Montgomery, EVP & President at CVS Pharmacy/Retail CVS Health Corporation names Neela Montgomery Executive Vice President and President of CVS Pharmacy/Retail, effective November 30, 2020. Montgomery will oversee the company’s 10,000 pharmacies across the United States. Montgomery, currently a Board Partner at venture capital… Read More »Recent Executive Hires: CVS Health New President, Cleveland Clinic/Amwell Joint Venture Leadership, Others
What You Should Know: – Microsoft launches a dedicated HealthTech Startup Program and partners with startup incubator Social Alpha to accelerate the growth of healthtech startups in India. – Selected startups into the program will benefit from focused healthcare industry teams, co-innovation and collaboration, and… Read More »Microsoft Launches Dedicated HealthTech Startup Program in India
What You Should Know: – Tampa General Hospital announces its plan to launch a new healthcare innovation venture fund to improve the quality and access to care across the Tampa/St. Pete metro area in Q1 2021. – Through TGH InnoVentures, Tampa General will partner with… Read More »Tampa General to Launch Healthcare Innovation Venture Fund in Q1 2021
Front row (left to right): Jian Chen, Vice President, Xian Janssen Pharmaceuticals; Dan Wang, Head, Johnson & Johnson Innovation, Asia Pacific; Sharona Tao, Leader, Communications & Public Affairs, Johnson & Johnson China; Jennifer Yang, Head, Lung Cancer Initiative China, Johnson & Johnson Back row (left… Read More »Johnson & Johnson Innovation Launches 3 Collaborations to Advance Healthcare in China
Sheba ARC Innovation Center What You Should Know: – Holy Name Medical Center based in New Jersey and Israel’s Sheba Medical Center, the largest medical center in the Middle East announced a strategic partnership to develop digital health and telehealth solutions, The Times of Israel… Read More »Holy Name, Sheba Medical Center Partner to Develop Digital Health Solutions
What You Should Know: – Cohere Health partners with health insurer Humana to modernize the prior authorization process for musculoskeletal treatment across 12 states. – In addition, the company has closed an additional $10M in funding led by Flare Capital Partners and Define Venture, bringing… Read More »Humana Taps Cohere Health to Modernize Prior Authorizations for Musculoskeletal Treatment
What You Should Know: – AVIA, a healthcare innovation network comprised of 50+ health systems and other healthcare stakeholder groups, today announced that Geisinger, Presbyterian Healthcare Services, and OSF HealthCare have renewed or expanded their partnerships with the organization to accelerate digital transformation within their… Read More »Geisinger, OSF, Presbyterian Double Down on Digital Transformation with AVIA
Cleveland Clinic’s top clinicians and researchers present the top 10 medical innovations transforming medical advancements and new awards to recognize healthcare innovation. The list of breakthrough technologies was selected by a committee of Cleveland Clinic subject matter experts, led by Will Morris, M.D., executive medical… Read More »Cleveland Clinic Names Top 10 Medical Innovations For 2021