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FundamentalVR Raises $20 Million To Accelerate The Growth Of Its Surgical Simulation Platform

Healthcare IT Today

The transaction was led by EQT Life Sciences investing from the LSP Health Economics Fund 2 and joined by prior investors Downing Ventures. The new investments follow a Series A round in October 2019 and bring the company’s total funding to over $30 million. About EQT Life Sciences. About FundamentalVR.

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Veradigm to Acquire ScienceIO

Healthcare IT Today

Founded in 2019, ScienceIO is a leading AI platform and foundation model provider for healthcare. Veradigm has built one of the most unique and valuable assets in the healthcare industry: a large-scale, high-quality data set that spans providers, payers, and life sciences companies.

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Language Barriers: Protecting Your Organization From A Hidden HIPAA Threat

Healthcare IT Today

The following is a guest article by Bill Young, Director of Healthcare & Life Sciences at SYSTRAN Keeping patient data confidential and secure remains a major healthcare challenge today, more than 25 years after the introduction of the 1996 Health Insurance Portability & Accountability Act or HIPAA.

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Like banks, healthcare will become digital-first in 2022, Zoom healthcare lead says

Healthcare IT News - Telehealth

Everyone from the board and the C-suite to the health IT team to doctors and nurses are talking about how digital technologies can change the industry and bring about better care and better outcomes. You predict that decentralization will become a major theme for health and life science organizations. Please elaborate.

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Accenture Invests in Virtonomy to Help Medical Technology Companies Use Digital Twin Technology to Accelerate Time to Market for Medical Devices

Healthcare IT Today

Digital twin technology, alongside data, analytics and AI, is opening the door to endless new possibilities to reinvent the life sciences industry,” said Tom Lounibos, Managing Director at Accenture Ventures. But there must always be a strong data foundation to build accurate digital twin simulations. Petra Jantzer, Ph.D.,

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Modernizing Medicine To Pay $45 Million To Settle False Claims, Kickback Allegations

Healthcare IT Today

The US Department of Justice complaint alleges that from January 2010 to July 2017, the vendor engaged in multiple kickback schemes, including creating a partnership with a clinical laboratory, Miraca Life Science, through which ModMed received payments whenever its users sent lab orders to Miraca.

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PurpleLab, Inc. Raises $40M in Funding from Primus Capital

Healthcare IT Today

Phil Molner, Managing Partner at Primus Capital, stated “Through its HealthNexus platform, PurpleLab has successfully organized and deployed real-world data to bring differentiated yet rapid commercial and clinical insights to the life sciences industry.