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Digital Health | News, Analysis, Insights - HIT Consultant

Adventist Health Selects The Garage’s Bridge Platform to Advance Value-Based Care Initiatives

by Fred Pennic 06/28/2024 Leave a Comment

Adventist Health Selects The Garage's Bridge Platform to Advance Value-Based Care Initiatives

What You Should Know:  - The Garage, a leading population health management technology company, announced a strategic partnership with Adventist Health, a prominent non-profit integrated health system. Adventist Health will leverage The Garage's Bridge platform to further its value-based care initiatives across its diverse patient population. - The Garage, headquartered in Orlando, Florida, is a population health management leader dedicated to improving healthcare delivery. By
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ONWARD Medical Secures $56.6M Loan to Advance Spinal Cord Stimulation Therapies

by Fred Pennic 06/28/2024 Leave a Comment

ONWARD Medical Secures $56.6M Loan to Advance Spinal Cord Stimulation Therapies

What You Should Know:  - ONWARD Medical N.V. (Euronext: ONWD), a leading medical technology company specializing in innovative spinal cord stimulation therapies, announced the signing of a loan agreement of up to €52.5M ($56.6M) with Runway Growth Capital LLC, a U.S.-based lender. - This strategic partnership will provide vital funding for the company's continued growth and advancement of life-changing SCS therapies for people with spinal cord injury (SCI). - ONWARD Medical is a
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Mayo Clinic Receives $20M Gift to Propel AI and Cancer Research

by Fred Pennic 06/27/2024 Leave a Comment

Mayo Clinic Receives $20M Gift to Propel AI and Cancer Research

What You Should Know:  - Mayo Clinic has announced a generous $20M gift from Dwight and Dian Diercks that will significantly advance key elements of Mayo Clinic's vision, including the Mayo Clinic Platform and the application of artificial intelligence (AI) for early cancer detection and intervention.  - In recognition of this support, Mayo Clinic will establish the Dwight and Dian Diercks President, Mayo Clinic Platform, and create the Heidi Diercks Krause Fund in AI Innovation
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Google and TikTok Ban Done Global Ads Amid Telehealth Adderall Controversy

by Fred Pennic 06/27/2024 Leave a Comment

Google and TikTok Ban Done Global Ads Amid Telehealth Adderall Controversy

What You Should Know:  - Following federal investigations into Done Global's Adderall prescribing practices, Google and TikTok have banned the telehealth company from advertising on their platforms. - A spokesperson for LegitScript declined to comment on the specific situation regarding Done Global. Adderall and ADHD Treatment Under Scrutiny Adderall, a stimulant medication commonly used to treat Attention Deficit Hyperactivity Disorder (ADHD), is at the center of the
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Xealth Launches Digital Health Benchmarking Tool, Dewey

by Jasmine Pennic 06/27/2024 Leave a Comment

Xealth Launches Digital Health Benchmarking Tool, Dewey

What You Should Know:  - Xealth, a leading force in scaling digital health solutions, has unveiled Dewey, a performance-based, digital health benchmarking tool. - Incorporating more than 20 million assets and programs distributed from more than 400 hospitals to more than five million patients over seven years, Dewey calculates engagement benchmarks from nearly 1000 digital health programs. - Additionally, the platform will incorporate AI-powered features that personalize
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VenoStent Raises $20M for Dialysis Solution, Secures $3.6M NIH Grant for U.S. Dialysis Therapeutic Clinical Trial

by Fred Pennic 06/27/2024 Leave a Comment

VenoStent Raises $20M for Dialysis Solution, Secures $3.6M NIH Grant for U.S. Dialysis Therapeutic Clinical Trial

What You Should Know:  - VenoStent, Inc., a medical device company pioneering a new approach to improve dialysis patient outcomes, announced the successful completion of its Series A funding round. The round closed at $20M, with Norwest Venture Partners contributing an additional $4M to join Good Growth Capital and IAG Capital Partners as co-leads. - VenoStent also welcomes Dr. Zack Scott, Norwest General Partner, and Dr. Ehi Akhirome, Norwest Investor, to its board of
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Philips Expands Cloud-Based Imaging with IntelliSpace Radiology on AWS

by Fred Pennic 06/27/2024 Leave a Comment

Philips Expands Cloud-Based Imaging with IntelliSpace Radiology on AWS

What You Should Know:  - Philips, a leader in health technology, announced today a significant advancement for its IntelliSpace Radiology platform. Existing customers in North America will now have the option to transition to a cloud-based version hosted on Amazon Web Services (AWS).  - This strategic expansion positions Philips at the forefront of cloud-based healthcare solutions, offering improved efficiency, enhanced security, and powerful AI integration. Benefits of
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Abbott Unveils FreeStyle Libre 3 Plus: World’s Smallest CGM Sensor with Future AID Compatibility

by Jasmine Pennic 06/27/2024 Leave a Comment

Abbott Unveils FreeStyle Libre 3 Plus: World's Smallest CGM Sensor with Future AID Compatibility

What You Should Know:  - At the American Diabetes Association conference, Abbott unveiled a new addition to its FreeStyle Libre portfolio – the FreeStyle Libre 3 Plus sensor.  - The sensor boasts the distinction of being the world's smallest, thinnest, and most discreet continuous glucose monitoring (CGM) sensor available. Unmatched Design and Performance The FreeStyle Libre 3 Plus sensor offers a unique combination of user-centric features: Unmatched Discreetness: The
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Sidecar Health Secures $165M to Disrupt Employer-Sponsored Healthcare

by Fred Pennic 06/27/2024 Leave a Comment

Sidecar Health Secures $165M to Disrupt Employer-Sponsored Healthcare

What You Should Know:  - Sidecar Health, a health insurance provider for businesses raises $165M in a Series D funding round led by Koch Disruptive Technologies with participation from new and existing investors such as GreatPoint Ventures, BOND, Cathay Innovation, Drive Capital, Duke University, Menlo Ventures, and Morpheus. - Sidecar Health's $165 million funding round and strategic partnership with Koch Industries position them as a major disruptor in the employer-sponsored health
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Fighting Rectal Cancer with AI: Researchers Secure $2.78M Grant

by Fred Pennic 06/27/2024 Leave a Comment

Black and Hispanic Patients Face Higher Liver Cancer ED Visits

What You Should Know:  - A glimmer of hope emerged today for rectal cancer patients as a collaborative effort between Case Western Reserve University (CWRU), Cleveland Clinic, and University Hospitals (UH) received a $2.78 million grant over five years from the National Institutes of Health and National Cancer Institute. This grant will fuel research leveraging artificial intelligence (AI) to personalize treatment for rectal cancer patients. - The new research effort signifies a
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