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Digital Health | News, Analysis, Insights - HIT Consultant

Foresite Capital Closes $900M Fund Targeting Precision Medicine & Innovation

by Fred Pennic 06/12/2024 Leave a Comment

Foresite Capital Secures $900M Fund Targeting Precision Medicine & Innovation

What You Should Know:  - Foresite Capital, a San Francisco, CA-based healthcare and life sciences investment firm, announced today the successful closing of its sixth fund with a significant $900M in capital commitments. This new fund fuels Foresite's mission to invest in groundbreaking technologies across the healthcare spectrum. - Fund VI attracted a diverse group of limited partners, including university endowments, charitable foundations, medical institutions, pension funds,
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NeuroFlow Acquires Owl, Creating Behavioral Health Measurement Powerhouse

by Fred Pennic 06/12/2024 Leave a Comment

NeuroFlow Acquires Owl, Creating Behavioral Health Measurement Powerhouse

What You Should Know:  - NeuroFlow, a provider of behavioral health technology infrastructure, announced the acquisition of Owl, a measurement-based care (MBC) technology company.  - The strategic acquisition positions NeuroFlow as a leader in behavioral health measurement and engagement, offering a comprehensive suite of solutions for a wider range of healthcare settings. - While expanding its reach and service offerings, NeuroFlow remains dedicated to customer collaboration
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Wheel Launches AI-Powered Platform for Virtual Care, Horizon

by Syed Hamza Sohail 06/12/2024 Leave a Comment

Wheel Launches AI-Powered Platform for Virtual Care, HorizonWheel Launches AI-Powered Platform for Virtual Care, Horizon

What You Should Know: -              Wheel, a leading provider of telehealth and virtual care solutions, announces the launch of its AI-driven Horizon™ platform. -              Horizon sets a new standard in care delivery by using AI to provide health plans, digital health solution providers, and life sciences companies with an 'easy button' to instantly scale
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University Hospitals Deploys Aidoc’s AI-Enabled Solutions Across Enterprise

by Fred Pennic 06/12/2024 Leave a Comment

What You Should Know:  - University Hospitals (UH) is revolutionizing patient care with the implementation of Aidoc's comprehensive AI platform (aiOS™) across its entire healthcare network.  - By integrating Aidoc's AI platform, UH minimizes technical hurdles and fosters a collaborative environment for ongoing AI optimization. This empowers UH to prioritize its core mission – exceptional patient care. With the aid of AI technology, UH can ensure every patient receives the most
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DexCare Secures Strategic Investments from Tampa General, Community Health Network, Texa Health

by Fred Pennic 06/12/2024 Leave a Comment

DexCare Secures Strategic Investments from Tampa General, Community Health Network, Texa Health

What You Should Know:  - DexCare, Inc., a provider of care orchestration platforms for health systems, announced today the addition of three strategic investors: Community Health Network, Tampa General Hospital, and Texas Health Resources.  - These new partners join DexCare's impressive roster of existing health system investors, including Providence, Kaiser Permanente, and Mass-General Brigham. Industry Backing Fuels Growth This strategic investment, led by ICONIQ Growth
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First Successful Implant of FDA-Approved Duo Venous Stent System Offers New Hope for Chronic Venous Insufficiency Patients

by Fred Pennic 06/12/2024 Leave a Comment

First Successful Implant of FDA-Approved Duo Venous Stent System Offers New Hope for Chronic Venous Insufficiency Patients

What You Should Know:  - A new era in the treatment of chronic venous insufficiency (CVI) began on June 11th, 2024, with the successful implantation of the Philips Duo Venous Stent System outside of a clinical trial setting.  - Dr. Erin Murphy, a leading vascular surgeon at Atrium Health's Sanger Heart & Vascular Institute, performed the procedure, marking a significant milestone for patients suffering from this debilitating condition. CVI: A Common Yet Complex
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Komodo Health Unveils Integrated Patient Insurance Dataset for Life Sciences

by Jasmine Pennic 06/12/2024 Leave a Comment

Komodo Health Unveils Integrated Patient Insurance Dataset for Life Sciences

What You Should Know:  - Komodo Health, a provider of real-world healthcare data and analytics, today announced the launch of Komodo Patient Insurance™ (KPI).  - The new offering delivers the most comprehensive view of patient insurance status available, encompassing over 200 million de-identified U.S. patient lives. KPI: Unprecedented Depth and Accuracy KPI surpasses traditional solutions by providing in-depth insights into a patient's pharmacy and medical insurance
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Cerebral Settles FTC Charges Over Data Privacy and Deceptive Practices

by Fred Pennic 06/11/2024 Leave a Comment

Cerebral Settles FTC Charges Over Data Privacy and Deceptive Practices

What You Should Know:  - The Department of Justice (DOJ), in conjunction with the Federal Trade Commission (FTC), announced a settlement with Cerebral Inc., a telehealth company, resolving allegations of data privacy violations, deceptive practices, and misleading cancellation procedures.  - The government, however, is continuing its case against Cerebral's former CEO and other executives, along with separate telehealth companies founded by the former CEO. Cerebral Settles
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HEALWELL AI Acquires VeroSource for $24.5M to Bolster AI-Powered Preventative Care Platform

by Fred Pennic 06/11/2024 Leave a Comment

HEALWELL AI Acquires VeroSource for $24.5M to Bolster AI-Powered Preventative Care Platform

What You Should Know:  - HEALWELL AI (TSX: AIDX), a leader in AI-powered preventative healthcare, announced today it has agreed to acquire VeroSource Solutions Inc., a healthcare technology company focused on data solutions and digital healthcare platforms.  - The acquisition, valued at approximately $24.5M, is expected to significantly enhance HEALWELL's capabilities in early disease detection and improve patient outcomes. By combining HEALWELL's AI expertise with VeroSource's data
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Omniscient Secures Series C Funding to Expand AI-Powered Brain Mapping

by Fred Pennic 06/11/2024 Leave a Comment

Omniscient Closes Series C Funding to Expand AI-Powered Brain Mapping

What You Should Know:  - Omniscient (o8t®), a Sydney, Australia-based global leader in applying AI to unlock the secrets of the human brain, announced today the successful conclusion of its Series C funding round. This round brings the company's total capital raised to US$60M , marking a significant milestone in its growth trajectory. - The funding round highlights the confidence of prominent Australian investors, including Will Vicars and Gina Rinehart, in Omniscient's vision and
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