January - 2022

The HSB Blog

6 min

Virtual Care May Be One Answer to Healthcare’s Labor Shortages-The HSB Blog 1/31/22

Our Take: Leveraging virtual care is one way to deal with a number of the issues that healthcare’s workforce shortages have brought to light due to the Pandemic. Following huge spikes in demand in almost every part of the country as it deals with COVID, the industry had had to deal with countless labor issues and shortages due to burnout and the overwhelming physical and mental demands placed on caregivers. While healthcare workers are experiencing elevated levels of stress,

4 min

Scouting Report-Casana: Integrating Remote Patient Monitoring into Our Everyday Lives

The Driver: Casana recently raised $30 million from investors in its series B fundraising round for its smart toilet seat. With this product, the Heart Seat, Casana could change the way we see home health devices. Casana was founded by Nicholas Conn in 2018 after he developed a prototype of the seat during his Ph.D. work at the Rochester Institute of Technology. The product is focused on capturing clinical grade vital signs via heart health monitoring devices that keeps them

3 min

What Sports Analytics Can Teach Us About Integrating AI Into Care-Special Issue:The HSB Blog 1/24/22

Note: Several weeks ago, our founder, Jeff Englander presented on a panel at the AI Summit NY entitled, “Operationalizing AI in Healthcare-Bringing Analytics and AI Into the Clinical Setting”. One of the topics of the panel was how to increase clinician’s interaction with AI technologies. During the panel, he referenced an article he had written in May of 2018 on “What Steph & LeBron Can Teach Business About Analytics” and how sports demonstrates many practical ways to gain a

4 min

Scouting Report-Wheel: Moving Virtual Care Forward Toward True Omnichannel Care

The Driver: This week Wheel raised a $150M series C round bringing its total raised to $216M since the company was founded in 2018, and follows the company’s $50M series B just last May. Wheel’s fundraising round was led by Lightspeed Ventures and Tiger Global with participation from existing investors CRV, Silverton Partners, and Tusk Venture Partners. New investors Coatue and Salesforce Ventures also joined the round. According to the company, it will use the funds to conti

5 min

Digitizing Healthcare Supply Chain is Essential for Value-Based Care-The HSB Blog 1/10/22

Our Take: Digitizing the healthcare supply chain can bring significant gains in cost-effectiveness for healthcare organizations enhancing their ability to optimize operations while lowering the costs and improving the quality of care in real-time. While a great deal of attention has been focused on digitizing healthcare’s front-end (ex: the patient experience), digital transformation extends into the supply chain as well. In fact, digitizing the supply chain may is a good way

4 min

Scouting Report-Suki.AI:Helping Reduce Burnout with Clinical Voice Assistants

The Driver: Suki.AI is a digital voice-based clinical assistant that uses AI technology to help doctors and healthcare workers with administrative tasks like generating accurate notes. Recently, it raised $55M from March Capital, Philips Ventures, Venrock, Flare Capital, Breyer Capital and inHealth Ventures. Some of the funders are leading figures in technology, healthcare and finance, including the Gaingels Group, Pankaj Patel (ex-chief development officer of Cisco), Andrew