invest 2021 virtual

INVEST Pitch Perfect winner spotlight: Systems Oncology’s AI tech yields trove of cancer drugs

Systems Oncology has used its its artificial intelligence to discover small molecules in development under partnerships with large pharma companies. The R&D of the company, the biopharma startup winner in the Pitch Perfect contest at the recent MedCity News INVEST Conference, includes a new type of RNA drug.

Care.coach takes aim at senior loneliness with round-the-clock virtual pets

Armed with a tablet and virtual pet companion, California-based startup care.coach is aiming to alleviate senior loneliness — an issue that has worsened amid the Covid-19 pandemic. The company, which won the health IT track of the Pitch Perfect contest at MedCity INVEST, aims to fulfill seniors’ medical and social needs through access to health …

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Covid-19 serves as catalyst for effort to diversify clinical trial enrollment

Covid-19 showed how technology can upend the old ways of clinical trials. Panelists at MedCity’s INVEST conference said it’s highlighting the importance of improving clinical trial diversity so that tests of new therapies and vaccines reflect the population of patients that they will treat in the real world.

To help tackle healthcare worker burnout, start talking about it

Healthcare staff are working through immense loss, grief and uncertainty to provide care during the Covid-19 pandemic. As organizations think about how to support their staff, speakers at a MedCity INVEST panel said they must first talk about it openly and provide a safe space for workers to discuss their feelings.

Like it or not, value-based contracting is coming for drugs and medical devices

Value-based contracts covering the reimbursement of drugs and medical devices are slowly gaining acceptance. A panel at the MedCity News INVEST conference discussed the challenges and opportunities for these contracts, which aim to improve patient outcomes and control the cost of care.

Investment in healthcare is soaring, but entrepreneurs must be wary of over-capitalizing  

The Covid-19 pandemic pushed the already impressive growth in healthcare investing to new heights, with valuations on the rise and companies gaining access to vast sums of money. But speakers at a MedCity INVEST panel warned that raising more capital than needed is not always a good thing.

Virtual care’s popularity notwithstanding, patient preference will still drive healthcare delivery

It is clear that virtual care is here to stay, but it is not the availability of technology that will govern how care is delivered. Rather, patients’ preferences, along with their underlying social needs, will determine which care delivery strategy providers need to use to ensure optimal outcomes.

Providers, payers are ready to listen, root out racism and regain the trust of minorities. Here’s how.

Racism has always existed in healthcare, but the Covid-19 pandemic laid bare how entrenched the problem still is. In response, providers and payers have vowed to fight for health equity by examining the racism within their organizations, listening to minority communities and mounting strategies that take aim at widening care gaps.