H|T: The Healthtech Times – How Tomi Poutanen is using AI to tackle Canadian healthcare

Tomi Poutanen
Plus: Teladoc Health lays off 300 staff.

The Healthtech Times is a weekly newsletter covering healthtech news from Canada and around the globe.

Subscribe to H|T using the form at the bottom of this page to ensure you don’t miss out on the most important healthtech news every week!

Signal 1 launches AI platform at Grand River Hospital as startup aims to create more capacity in Canada’s healthcare system (BETAKIT)

With Toronto-based Signal 1, which launched last year, Poutanen has set his sights on applying the same technology to another regulated industry with sensitive data—healthcare. To do that, the Signal 1 co-founder and CEO teamed up with economist Mara Lederman and health data scientist Muhammad Mamdani, and the company recently launched its first customer site deployment with Kitchener-Waterloo’s Grand River Hospital.

Teladoc Health lays off 300 employees, 6% of its non-clinician workforce (FIERCE HEALTHCARE)

Teladoc Health CEO Jason Gorevic attributed the cutbacks to the elimination of redundant roles born out of mergers and a companywide restructuring aimed at increasing profitability, according to a copy of the email included in a filing (PDF) with the U.S. Securities and Exchange Commission (SEC).

Harvest Builders, Headversity, among 15 recipients of $25.5 million PrairiesCan investment for Calgary businesses (BETAKIT)

The investment was made through Prairies Economic Development Canada (PrairiesCan)’s Jobs and Growth Fund, and is expected to support and create over 800 jobs across Alberta’s innovation economy.


How will you help us power the data revolution?

Fivetran, a company valued at over $5.6 billion, is the leader in the modern data movement. Our mission is to make access to data as simple and reliable as electricity.

Our Product and Engineering teams are growing and we’re hiring top tech talent to help us power the data revolution at our new R&D hub in Toronto. Help us solve exciting challenges as we move petabytes of data for 6k companies worldwide.

Come see why Deloitte Technology Fast 500™ names Fivetran one of the Fastest-Growing Companies in North America.

Join the data movement.

Exclusive: Lightrock India-Backed MediBuddy Lays Off Around 200 Employees (FIERCE HEALTHCARE)

While the sudden layoffs impacted employees across departments, the tech, product, sales, and operations team saw the maximum sackings.

What Xero learned after 15 years of building software for SMBs (BETAKIT)

Speaking with BetaKit, Xero's chief product officer Anna Curzon explained the challenges of building what she calls a “purposeful platform” for small businesses.

Jawbone Co-Founder’s health startup is sued by investor alleging fraud (BNN BLOOMBERG)

Jawbone was a Silicon Valley darling — most famous for its wireless earpieces — until the startup dramatically folded in 2017 and sold off its assets. As Jawbone was disintegrating, Rahman salvaged the company’s medical device business. The resulting startup, now called All.health, developed wearable monitoring hardware and technology for people with chronic illnesses like diabetes.

Able Innovations, Cognota, BlueDot among recipients of $14 million FedDev investment (BETAKIT)

BlueDot, which is receiving $3 million of the $14 million contribution, is using the funding to accelerate the adoption of its global epidemic intelligence and threat monitoring platform.

Akili Interactive to cut 30% of its staff (MOBIHEALTHNEWS)

The prescription digital therapeutics company will also put non-ADHD products in development on hold to "conserve capital and focus."

Alberta Innovates’ Bryan Helfenbaum on the future of energy in Canada (BETAKIT)

“The fundamental challenge is how do we maintain the prosperity that we have enjoyed while simultaneously moving into a net-zero world, and in fact, not just surviving, but thriving,” said Executive Director at Alberta Innovates, Bryan Helfenbaum.

Headspace Health joins the employee well-being platform Gympass (FIERCE HEALTHCARE)

Through the “Mind” category on Gympass, Headspace will help members address stress and burnout with over 1,000 hours of premium content including guided meditations along with sleep, focus and movement exercises.

Subscribe to The Healthtech Times

Don’t forget to subscribe to The Healthtech Times using the form below to make sure it hits your email inbox every week!

Subscribe to H|T: The Healthtech Times

* indicates required

Michael Edgar

Michael Edgar

Michael is a multimedia journalist working out of the U.K. and a staff writer for BetaKit.

0 replies on “H|T: The Healthtech Times – How Tomi Poutanen is using AI to tackle Canadian healthcare”