General Catalyst
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Artificial Intelligence, Consumer / Employer, Health Tech, Payers, Startups
11 HLTH Announcements You Don’t Want to Miss
This year’s HLTH conference brought a bevy of news announcements — from partnerships to new product features to acquisitions and more. In this list, MedCity News compiled short summaries for 11 of the conference’s most notable announcements.
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3 Questions This Healthcare Investor Finds Herself Asking Startups All The Time
At HLTH, General Catalyst Principal Candace Richardson discussed some of the questions she frequently asks startups during investment meetings. Some of these include “Do you stratify your outcomes data by different populations to ensure your model works well for everyone?” and “Is serving Medicaid populations on your roadmap?”
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Jorie Healthcare CEO Shares Why Automation is Critical to Revenue Cycle Management
The revenue cycle management business is using AI tools to automate cumbersome tasks to help hospitals operate more efficiently. It’s beginning to attract the attention of major healthcare organizations.
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Venture Capital Firm Shares Ambitious Value-Based Care Strategy: Buy a Health System
The opening day of the HLTH 2023 event offered a surprising announcement from venture capital firm General Catalyst. Weight Watchers CEO called for a change in how we talk about obesity. ENGAGE at HLTH offered compelling discussions around retail health, prescription drug prices and investment trends.
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How Can LLMs Be Deployed Safely in Healthcare?
Healthcare technology experts have confidence that the industry will put the right guardrails up around LLMs as it continues to develop and deploy these AI tools, they said Sunday during a panel discussion at Engage at HLTH.
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Equip Expands Care to Adults, Banks Investment From General Catalyst
San Diego-based Equip, which was founded in 2019, previously focused on those ages 6 to 24. The startup is now expanding to serve people of all ages, it announced Tuesday.
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Meet the Startup Promising to Deliver the 1st Healthcare-focused Generative AI Model
Hippocratic AI emerged from stealth, as well as announced $50 million in seed funding through a round co-led by General Catalyst and Andreessen Horowitz. The Palo Alto-based startup bills itself as the first large language model designed specifically for healthcare.
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Paradigm Launches with $203M to Transform Clinical Trial Recruitment
Paradigm, a new startup co-incubated by ARCH Venture Partners and General Catalyst, recently launched with $203 million in Series A funding. The company is focused on improving equitable access to trials by creating a less fragmented and more efficient clinical research ecosystem.
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Mental health startup for seniors rakes in $32M from General Catalyst, Mass General Brigham Ventures, others
There is a dearth of professionals with licenses and training to provide care for seniors’ mental and behavioral health challenges — such as Alzheimer’s and other dementias, anxiety and depression. Seattle-based Rippl Care is seeking to change this. The startup just closed a $32 million seed funding round led by ARCH Venture Partners and General Catalyst.
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Health IT, Health Tech, Hospitals, SYN
With new $670M healthcare fund, General Catalyst seeks more health system partners
General Catalyst recently launched a $670 million healthcare investment fund. The fund, called Health Assurance Fund II, seeks to carry on the mission of the venture capital firm’s first healthcare-focused fund, but with a new focus on health system partnerships.
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Navigating Healthcare’s Data Revolution: Priorities, Opportunities, and Challenges for Health Systems
Arcadia recently partnered with HIMSS Market Insights to survey executives, IT, technology, and clinical leaders. Here’s what we found.
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General Catalyst VC: This type of collaboration with Intermountain is why we were put on earth
The Utah-based nonprofit health system will be able to tap into the venture capital firm’s network of tech-enabled companies that are aiming to realize the digital transformation of healthcare.
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StartUPDATES: New developments for healthcare startups
Read about news from Seven Bridges, HealthMine, Redi.Health, Xealth, and more.
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Health IT, Artificial Intelligence
Mayo, General Catalyst lead $24M investment in data-sharing company
They led an investment in TripleBlind, a Kansas City-based startup looking to support collaboration between healthcare companies without the need to share raw data.
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INVEST Digital Health preview: Where does the gush of investment dollars in digital health go?
The healthcare conference, held in a virtual format due to Covid-19, brings together innovative investors across the healthcare spectrum, prominent industry players and the most promising digital health startups.
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Startups, Artificial Intelligence
Startup making AI tools to assist radiologists gets $66M
Aidoc, a Tel Aviv-based startup building a suite of decision support tools for radiologists, raised $66 million in funding. The company plans to use the funds to build out and market its suite of radiology solutions.
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Digital physical therapy company Sword raises $85M
Sword Health, a startup that uses virtual visits with physical therapists and sensors to guide people through exercises, raised $85 million in funding. The company plans to use the new funds to grow its business through partnerships with health plans.