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Digital Health | News, Analysis, Insights - HIT Consultant

Royal Health Secures Significant Investment from HealthQuest Capital

by Fred Pennic 12/23/2024 Leave a Comment

Royal Health Secures Significant Investment from HealthQuest Capital

What You Should Know:  - Royal Health Inc., a provider of advanced radiology software and workflow solutions, announced today the closing of a minority investment led by HealthQuest Capital, a growth capital firm focused on transformative healthcare companies.  - The recapitalization represents a significant milestone for Royal Health, resulting in a near eightfold increase in enterprise valuation since its previous investment round in 2019. While the specific funding amount
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Commure Acquires Digital Care Navigation Platform Memora Health

by Fred Pennic 12/20/2024 Leave a Comment

Commure Acquires Digital Care Navigation Platform Memora Health

What You Should Know:  - Commure, a healthcare technology company, has announced the acquisition of Memora Health, a digital care navigation platform. The strategic move strengthens Commure's comprehensive suite of AI-powered solutions, further solidifying its commitment to transforming healthcare delivery. - By integrating Memora's advanced patient navigation tools with CommureOS's robust integration engine, the combined platform will empower healthcare organizations to deliver
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New Orleans Saints Partner with PatientPoint to Enhance Player Health and Performance

by Syed Hamza Sohail 12/20/2024 Leave a Comment

New Orleans Saints Partner with PatientPoint to Enhance Player Health and Performance

What You Should Know: -  The New Orleans Saints are excited to announce a new partnership with PatientPoint, the trusted leader in patient and provider digital health engagement for over 35 years. - This program will deliver customized nutrition and sports medical content through PatientPoint’s interactive devices in their practice and training facilities.  Empowering Health and Performance: PatientPoint® Partners with the New Orleans Saints and Launches Sports
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DUOS Expands Platform with AI-Driven Assistance for Government Program

by Syed Hamza Sohail 12/20/2024 Leave a Comment

DUOS Expands Platform with AI-Driven Assistance for Government Programs

What You Should Know: - DUOS, the digital health innovator empowering older adults to live independently, is proud to announce the addition of new features in its continued effort to holistically change the way the industry approaches healthcare. -With this latest innovation,  DUOS members will now have the ability to seamlessly tap into end-to-end applications for  federal and state assistance programs across all 50+ states including Supplemental Nutrition  Assistance Program (SNAP),
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Could AI Revolutionize the Physical Exam? New Study Explores LLMs as Physician Aids

by Fred Pennic 12/20/2024 Leave a Comment

Could AI Revolutionize the Physical Exam? New Study Explores LLMs as Physician Aids

What You Should Know:  - A new study published in the Journal of Medical Artificial Intelligence explores the potential of large language models (LLMs), like GPT-4, to act as valuable tools for clinicians. - Study author Marc D. Succi, MD, strategic innovation leader at Mass General Brigham Innovation, and his team investigated the use of GPT-4 in recommending physical exam instructions based on patient symptoms. For example, if a patient presented with a painful hip, GPT-4 would
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ŌURA Secures $200M to Fuel Growth and Innovation in Health Wearables

by Fred Pennic 12/19/2024 Leave a Comment

ŌURA Secures $200M to Fuel Growth and Innovation in Health Wearables

What You Should Know:  - ŌURA, the company behind the world's leading smart ring, has announced the completion of a $200 million Series D funding round, raising its valuation to $5.2B.  - This significant investment, with participation from Fidelity Management & Research Company and Dexcom, reflects ŌURA's strong momentum and its potential to transform the healthcare landscape. Driving the Future of Health Wearables ŌURA has been redefining health wearables since its
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Culina Health Raises $7.9M for Personalized, Virtual Nutrition Care

by Syed Hamza Sohail 12/19/2024 Leave a Comment

Culina Health Raises $7.9M for Personalized, Virtual Nutrition Care

What You Should Know: - Culina Health, the digital platform that makes clinical nutrition care inclusive and accessible for everyone, announced today that it has raised a $7.9 million Series A funding round on the strength of 117 percent year-over-year growth and exceptional patient engagement and clinical outcomes.   -  The round brought Culina Health’s total capital raised to $20 million, led by Healthworx, the innovation and investment arm of CareFirst. The investment underscores
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M&A: MTIP Acquires Majority Stake in Dossier Solutions

by Syed Hamza Sohail 12/19/2024 Leave a Comment

MTIP Acquires Majority Stake in Dossier Solutions

What You Should Know: - MTIP, a Swiss growth and buyout firm specializing in healthcare software, is pleased to announce the acquisition of a majority stake in Dossier Solutions, a leading healthcare competency management SaaS provider. - The acquisition aims to accelerate US market  growth, expand geographic reach, and enhance the Dossier technology platform. Transforming Healthcare Through Digital Competency Management: Dossier's Global Expansion and Strategic Partnership with
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Confido Health Raises $3M to Automate Healthcare Ops with AI Digital Workers

by Jasmine Pennic 12/19/2024 Leave a Comment

Confido Health Raises $3M to Automate Healthcare Ops with AI Digital Workers

What You Should Know:  - Confido Health, a healthcare technology company developing AI-powered digital workers for specialty practices, has secured $3M in seed funding led by Together Fund. - Confido Health was founded by serial entrepreneurs with expertise in AI-driven automation. The investment will fuel the company's mission to transform healthcare operations by automating administrative tasks and improving efficiency.  Addressing the Burden of Manual
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Amwell CFO Mark Hirschhorn Expands Leadership Role to COO

by Healthcare Executives Hires 12/18/2024 Leave a Comment

Amwell CFO Mark Hirschhorn Expands Leadership Role to COO

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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