What You Should Know:
- Amwell, a provider of digital healthcare solutions, has announced that its Chief Financial Officer (CFO), Mark Hirschhorn, will assume an expanded role as Chief Operating Officer (COO), effective January 1, 2025.
- The alignment reflects Amwell's focus on streamlining operations and scaling its business to meet the increasing demand for digital healthcare services.
Expanded Responsibilities for CFO
In his new role, Hirschhorn will oversee Amwell's
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Scripta Insights Raises $17M for AI-Powered Pharmacy Navigation
What You Should Know:
- Scripta Insights, an AI-powered pharmacy navigation platform, has secured $17M in Series B funding led by Aquiline, a private investment firm specializing in financial services and technology.
- The latest investment brings Scripta's total funding to $42M and supports its mission to address the rising cost of prescription drugs in the United States.
Addressing the Prescription Drug Affordability Crisis
The cost of prescription drugs is a significant
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Benchstrength Closes $62M Early-Stage VC Fund with Healthcare Focus
What You Should Know:
- Benchstrength, a New York City-based venture capital firm, has announced the close of its first $62M fund, focused on investing in high-potential, early-stage technology companies.
- The $62M fund has attracted a diverse group of investors, including prominent foundations, institutional investors, and individual investors.
Investing in Transformative Technologies
Led by former General Catalyst investors Ken Chenault Jr. and John Monagle,
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BrightInsight, Sanofi to Build Drug Companion Apps for its Major Specialty Therapies
What You Should Know:
- BrightInsight, Inc., a provider of regulated digital health solutions, has announced an expanded multi-year partnership with Sanofi, a global biopharmaceutical company. This expanded partnership builds on a successful collaboration that began in 2022 when Sanofi selected the BrightInsight Platform to accelerate the development of a SaMD for one of its specialty care medicines.
- The goal of the collaboration aims to accelerate Sanofi's drug development timeline and
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Wellpath to Deploy Awell to Enhance Care Delivery Across Network
What You Should Know:
- Wellpath, the largest provider of medical, dental and behavioral healthcare to correctional facilities has partnered with Awell, a care operations platform, to improve the quality and efficiency of care delivery across its vast network.
- The collaboration aims to leverage data-driven insights and AI-powered tools to optimize care pathways and enhance patient outcomes.
Streamlining Operations and Enhancing Efficiency
Awell's CareOps platform
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The Role of AI in Streamlining Cannabis Dosage Recommendations
The use of medical cannabis is gaining traction for managing a wide range of conditions, from pain to stress. However, determining the right dosage remains a significant challenge.
Factors such as individual metabolism, tolerance levels, and body composition can influence how product potency affects individuals. While you can use these factors to make an educated guess on dosage, pinpointing the ideal potency level often takes experimentation.
However, artificial intelligence
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Digital Health at a Crossroads: Navigating Challenges and Opportunities in 2025
What You Should Know:
- The digital health industry is at a critical juncture, facing both challenges and opportunities as it navigates a shifting financial landscape and prepares for growth in 2025.
- A new report, “Digital Health Go-to-Market Report” from Summit Health Advisors, based on a survey of 103 senior leaders in the digital health sector, provides valuable insights into the current state and future outlook of the industry.
Digital Health Investment Landscape
The
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SailPoint Acquires Imprivata’s IGA Business
What You Should Know:
- SailPoint, a leader in identity security has acquired Imprivata's Identity Governance and Administration (IGA) business, expanding its portfolio of solutions for healthcare organizations.
- In addition, SailPoint and Imprivata will collaborate as strategic partners in the healthcare market, offering integrated identity security and access management solutions.
Support for Imprivata IGA Customers
As part of the acquisition, Imprivata will promote
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Promise of Value-Based Care Through Engagement and Outreach
The transformation of the healthcare landscape is undeniable. With the industry moving toward value-based care, the emphasis has shifted from volume of services to the actual value or outcome of care delivered. And while value-based care holds providers more accountable for results, it also grants resources and time to provide better, more patient-centric care.
But even years into the shift, no comprehensive guidebook for success remains. While providers are rewarded for higher-quality
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Zocdoc Report Reveals 2024 Insights into Patient Preferences and Behaviors
What You Should Know:
- Zocdoc, a healthcare marketplace connecting patients with providers, has released its second annual "What Patients Want: 2024 Insights into Patient Preferences and Behaviors" report, providing valuable insights into patient preferences and behaviors in 2024.
- The report analyzes millions of interactions on the Zocdoc platform to identify key trends shaping the healthcare landscape.
Social Media's Influence on Healthcare
The report highlights
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