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Digital Health | News, Analysis, Insights - HIT Consultant

DarioHealth Acquires Twill for $10M, Creating a Comprehensive Digital Health Platform for Chronic Conditions

by Fred Pennic 02/22/2024 Leave a Comment

DarioHealth Acquires Twill for $10M, Creating a Comprehensive Digital Health Platform for Chronic Conditions

What You Should Know: - DarioHealth Corp. (Nasdaq: DRIO) announced the acquisition of Twill, Inc., a leader in digital-led chronic care management, in a move that positions Dario as a major player in the digital health market. - This strategic acquisition will create a comprehensive platform addressing a wide spectrum of chronic conditions, from emotional health to diabetes and heart disease. Acquisition Financial Terms Under financial terms, Dario paid $10 million in cash and issued
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Amwell Appoints Cynthia Horner, M.D. as Chief Medical Officer

by Executive Digital Health Appointments 02/22/2024 Leave a Comment

Amwell Appoints Cynthia Horner, M.D. as Chief Medical Officer

What You Should Know: - Amwell, a provider of hybrid care enablement solutions, has appointed Cynthia Horner, M.D., FAAFP, as its Chief Medical Officer. - Dr. Horner will also assume the role of President of Amwell Medical Group (AMG), the company's clinical partner and a nationwide network of virtual care clinicians exclusively on the Amwell platform. Shaping Amwell’s Product Strategy In her new dual role, Dr. Horner will collaborate with hospital systems and payers to implement
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Axle Health Secures $4.2M to Combat Home Healthcare Staffing Shortage

by Fred Pennic 02/22/2024 Leave a Comment

Axle Health Secures $4.2M to Combat Home Healthcare Staffing Shortage

What You Should Know: - Axle Health, a provider of scheduling and workforce management software for home healthcare, today announced the closing of an additional $4.2M in seed funding, bringing its total raised to $4.4M. - This latest round, led by TRAC VC with participation from existing investor Pear VC, will fuel Axle's mission to address the critical staffing shortage in the home healthcare industry through innovative technology solutions. Optimizing Care Delivery and Reducing
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Remodel Health Acquires PeopleKeep: Revolutionizing ICHRAs for Employers

by Fred Pennic 02/22/2024 Leave a Comment

Remodel Health Acquires PeopleKeep: Revolutionizing ICHRAs for Employers

What You Should Know:  - Remodel Health announced today the acquisition of PeopleKeep, a leading provider of Individual Coverage Health Reimbursement Arrangements (ICHRAs). Financial details of the acquisition were not disclosed.  - The acquisition marks a new era in employee health benefits. By combining industry-leading expertise, diverse solutions, and a commitment to personalized service, Remodel Health is positioned to revolutionize the way SMBs approach employee health and
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Reprieve Cardiovascular Nabs $42M to Expand Intelligent Fluid Management for Heart Failure

by Jasmine Pennic 02/22/2024 Leave a Comment

Reprieve Cardiovascular Nabs $42M to Expand Intelligent Fluid Management for Heart Failure

What You Should Know: - Reprieve Cardiovascular, a pioneer in personalized fluid management for acute decompensated heart failure (ADHF) emerges from stealth launching with $42M in Series A financing round. - The Series A round was co-led by Lightstone Ventures and Sante Ventures with participation from Deerfield Management, Genesis Capital, and Arboretum Ventures, will fuel the company's clinical development programs and accelerate its mission to improve patient outcomes and reduce
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XiFin Appoints Erik Sallee as Chief Financial Officer & EVP

by Executive Digital Health Appointments 02/22/2024 Leave a Comment

XiFin Appoints Erik Sallee as Chief Financial Officer & EVP

What You Should Know: - XiFin, Inc., a pioneering force in healthcare information technologies, has announced the appointment of Erik Sallee as its new Chief Financial Officer (CFO) and Executive Vice President. - With a wealth of experience in finance and a track record of success in leading organizations through transformative growth phases, Sallee's arrival marks a significant milestone for XiFin as it charts its course towards enhanced operational efficiency and market
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Fabric Raises $60M to Automate Healthcare with AI-powered Care Enablement System

by Fred Pennic 02/21/2024 Leave a Comment

Fabric Raises $60M to Automate Healthcare with AI-powered Care Enablement System

What You Should Know: - Fabric, a leading care enablement platform developer, announced today a $60 million Series A funding round led by General Catalyst, with continued participation from Thrive Capital, GV (Google Ventures), and other notable investors. - The funding will be used to fuel Fabric's mission to humanize healthcare by automating administrative and clinical tasks, empowering both patients and clinicians. Addressing Crisis-Level Clinician Burnout With provider burnout at
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HealthSnap Secures $25M to Expand Remote Patient Monitoring and Chronic Care Management Solutions

by Fred Pennic 02/21/2024 Leave a Comment

HealthSnap Secures $25M to Expand Remote Patient Monitoring and Chronic Care Management Solutions

What You Should Know: - HealthSnap, a leading provider of remote patient monitoring (RPM) and chronic care management (CCM) solutions, announced today the closing of a $25M Series B funding round by Sands Capital, with participation from new investors Comcast Ventures, Acronym Venture Capital, and Florida Opportunity Fund. - This latest funding round brings the company's total funding to $48.5M and positions it for continued growth and innovation in the rapidly expanding RPM and CCM
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Power Secures $11.9M to Democratize Clinical Trials

by Jasmine Pennic 02/21/2024 Leave a Comment

Power Secures $11.9M to Democratize Clinical Trials

What You Should Know: - Power, the company transforming the traditional clinical trial landscape, announced today the close of their $11.9M Series A funding round led by Kin, Contrary, and Footwork. - The strategic funding fuels Power's mission to democratize access to clinical trials and diversify the pool of participants, ultimately accelerating life-saving medical research. Revolutionizing Clinical Trial Participation Founded in 2021 by Brandon Li and Michael Gill, Power
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Particle Health Unveils Patient Monitoring Solution

by Syed Hamza Sohail 02/21/2024 Leave a Comment

Particle Health Unveils Patient Monitoring Solution

What You Should Know: Particle Health, an intelligent data platform that aggregates and delivers actionable patient data and insights to healthcare companies, today announced the availability of its new Patient Monitoring Solution, a purpose-built technology-enabled offering designed to give provider organizations a 360-degree view of their patient’s care journey and how they interact with the healthcare system.Particle is powering a shift from reactive to proactive care through the
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