What You Should Know:
The year 2023 marked a stark shift for digital health, transitioning from the heady days of record-breaking funding to a harsh reality of tightening belts and consolidation, according to a new report from CB Insights.
- The CB Insights report, State of Digital Health 2023, reveals that while the pandemic initially fueled a gold rush of innovation, the tide has turned, leaving a landscape of both challenges and opportunities.
Funding Plummets, Deals Dry Up
Global
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Digital Health | News, Analysis, Insights - HIT Consultant
Sony Tech Powers Minnesota’s Telehealth Revolution for Medicaid Patients
What You Should Know:
- HealtheMed, a revolutionary public health utility startup, is empowering underserved Medicaid recipients in Minnesota to live healthier, more independent lives through its innovative Clinic@Home platform.
- The hybrid digital telehealth system brings healthcare directly into people's homes, overcoming barriers like transportation limitations, appointment scarcity, and anxiety. At the heart of this impactful program lies technology, and HealtheMed has found a
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53% of Psychologists Are Concerned About The Use of AI
What You Should Know:
- As artificial intelligence (AI) creeps into every corner of life, psychology faces a critical juncture, according to a new study by PsychologyJobs.com reveals a complex and often conflicted landscape among psychologists regarding AI's potential and perils in their practice.
- The study surveyed 100 psychologists across 12 different fields, and the findings paint a fascinating picture. While a quarter (25%) of psychologists surveyed are already using AI tools, and
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Smile Train and Wolters Kluwer Health Partner to Empower Global Cleft Care
What You Should Know:
- Smile Train, the world's largest cleft-focused organization, and Wolters Kluwer Health, a leading provider of clinical information solutions, have joined forces to bridge this knowledge gap.
- Through their innovative collaboration, Smile Train partners and affiliates globally will gain full online access to select medical journals, empowering them to deliver better cleft care for children in need.
Breaking Down Barriers to Knowledge
Cleft care requires
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ObjectiveHealth Secures Growth Investment to Expand Innovative Clinical Research Model
ObjectiveHealth, a pioneer in integrated specialty research, today announced a strategic investment from Vitruvian Partners, a renowned global growth equity firm.
- This strategic investment will fuel ObjectiveHealth's expansion and its mission to revolutionize clinical research by seamlessly integrating trials into the practices of community-based physicians.
Transforming Clinical Trials, One Patient at a Time:
ObjectiveHealth stands out with its innovative approach. They act as a
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Swift Medical Secures $8M to Power AI-Driven Wound Care
What You Should Know:
- Swift Medical, a digital health leader in AI-powered wound care, has announced a successful $8M funding round co-led by BDC Capital's Women in Technology Venture Fund and funds managed by Virgo Investment Group.
- The strategic investment will fuel the company's mission to revolutionize chronic and acute wound care through advanced technology and artificial intelligence.
The Future of Wound Care
Swift Medical boasts a proven track record, serving as the
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Motif Neurotech Raises $18.75M for Implantable Device for Treatment-Resistant Depression
What You Should Know:
- Motif Neurotech, a pioneer in minimally-invasive bioelectronics for mental health, announced today an impressive $18.75 million Series A funding round. Led by Arboretum Ventures, the investment saw participation from prominent players like KdT Ventures, Satori Neuro, and Dolby Family Ventures, alongside existing supporters Divergent Capital and PsyMed Ventures.
- Motif Neurotech's innovative approach represents a potential paradigm shift in mental health treatment.
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Precision Psychiatry: Circular Genomics Secures $8.3M to Tackle Depression with CircRNA Test
What You Should Know:
- Circular Genomics, a pioneer in unlocking the secrets of circular RNA (circRNA) for precision psychiatry and neurology, has secured $8.3 million in a Series A funding round. Led by Mountain Group Partners, this vital investment brings on board new partner UNM Rainforest Innovations and bolsters support from existing investors like Cottonwood Technology Fund and Tramway Venture Partners.
- The new funding will empower Circular Genomics to build and scale commercial
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Physician Burnout and Depression Rates Decline, Medscape Report Reveals
What You Should Know:
- For the first time in years, a glimmer of hope has emerged in the fight against physician burnout and depression.
- The latest Medscape Physician Burnout & Depression Report reveals a significant decline in the rates among U.S. doctors, suggesting a potential shift in the overall mental well-being of this critical workforce.
Burnout Rates Dip, but Challenges Remain
The Medscape Physician Burnout & Depression Report 2024, titled "We Have
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Democratizing AI: NSF Launches AI Pilot for National Research Resource
What You Should Know:
The U.S. National Science Foundation (NSF), alongside a diverse coalition of government agencies, industry leaders, and non-profit organizations, has launched the National Artificial Intelligence Research Resource (NAIRR) pilot.
The NAIRR pilot marks a significant step towards a future where AI benefits everyone. By democratizing access to critical resources, fostering collaboration, and prioritizing responsible development, the NAIRR has the potential to unlock
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