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Digital Health | News, Analysis, Insights - HIT Consultant

AI’s Transformative Power in Health, Wellness, and Supplements

by Fred Pennic 05/28/2024 Leave a Comment

AI's Transformative Power in Health, Wellness, and Supplements

The integration of Artificial Intelligence (AI) technologies into various sectors has been a game-changer, and the health and wellness industry is no exception. As we progress further into the digital age, AI is poised to revolutionize the way we approach our well-being, offering unprecedented opportunities for personalized care, predictive analytics, and targeted solutions. AI in Healthcare: Revolutionizing Patient Care In the realm of healthcare, AI has already made significant strides
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Boulder Care Secures $35M to Expand Telehealth Addiction Treatment for Underserved Communities

by Fred Pennic 05/24/2024 Leave a Comment

Boulder Care Secures $35M to Expand Telehealth Addiction Treatment for Underserved Communities

What You Should Know:  - Boulder Care, a leading provider of high-quality addiction treatment, announced today the successful closing of an oversubscribed $35M Series C funding round led by Advance Venture Partners (AVP), joined by Stripes and existing investors, including First Round Capital, Qiming Venture Partners, and Laerdal Million Lives Fund. - Boulder Care will invest in developing even more robust services tailored to address the specific needs of high-need patients and plans
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Carallel Launches Personalized Digital Toolkit for Family Caregivers

by Jasmine Pennic 05/24/2024 Leave a Comment

Carallel Launches Personalized Digital Toolkit for Family Caregivers

What You Should Know:  - Carallel, a provider of support for family caregivers, has unveiled the all-new Carallel Companion app.  - The user-friendly app marks a significant evolution in Carallel's offerings, providing a personalized digital experience designed to lighten the load for family caregivers and maximize their critical role in the healthcare system. Empowering Family Caregivers with Personalized Support The Carallel Companion app is the next generation of
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Providence, Microsoft, UW Develop AI-Powered Pathology Model

by Fred Pennic 05/23/2024 Leave a Comment

Providence, Microsoft, and UW Develop AI-Powered Pathology Model

What You Should Know:  - A collaborative effort between Providence, Microsoft, and the University of Washington has yielded a breakthrough in cancer diagnostics with the development of an AI-powered pathology model, Prov-GigaPath. - Prov-GigaPath is an AI-powered pathology model designed to improve patient care and transform cancer diagnostics. It analyzes entire pathology slides to identify patterns, leading to more accurate mutation predictions and effective cancer subtyping. The
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OncoveryCare Secures $4.5M to Launch Novel Cancer Survivorship Model

by Syed Hamza Sohail 05/23/2024 Leave a Comment

OncoveryCare Secures $4.5M to Launch Novel Cancer Survivorship Model

What You Should Know: -       OncoveryCare (formerly VivorCare) has closed an oversubscribed $4.5 million seed financing to launch its novel cancer survivorship care model. -       The fundraise was led by .406 Ventures alongside the McKay Institute for Oncology Transformation at Tennessee Oncology. Tennessee Oncology, which treats half of Tennessee’s cancer patients at 35 sites, is also a founding member of OneOncology, a
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Tempus AI Files for IPO, Eyes Over $600M in Funding for AI-Powered Precision Medicine

by Fred Pennic 05/23/2024 Leave a Comment

Tempus AI Files for IPO, Eyes Over $600M in Funding for AI-Powered Precision Medicine

What You Should Know:  - Tempus AI, a leader in artificial intelligence (AI)-powered precision medicine, filed with the Securities and Exchange Commission (SEC) on Monday to raise up to $100M in an initial public offering (IPO). Industry analysts, however, believe this figure might be a placeholder, with the actual target amount closer to $600M. - Founded in 2015 and headquartered in Chicago, Illinois, Tempus AI reported $562M in revenue for the fiscal year ending March 31,
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Tuesday Health Launches Supportive Care Solution with $60M

by Fred Pennic 05/23/2024 Leave a Comment

Tuesday Health Launches Supportive Care Solution with $60M

What You Should Know:  - Tuesday Health, a leader in value-based care for the seriously ill, has launched its innovative supportive care solution with $60M in partnership with Valtruis, Blue Venture Fund, Mass General Brigham Ventures, and CareSource.  - Tuesday Health's mission is to make the end-of-life journey clearer and more supportive for patients and families. With this significant investment and a committed team, they are well-positioned to achieve their goals and
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Avel eCare Launches Clinical Workflow Platform for Telemedicine Services

by Fred Pennic 05/23/2024 Leave a Comment

Avel eCare Launches Clinical Workflow Platform for Telemedicine Services

What You Should Know:  - Avel eCare, a leading provider of clinician-to-clinician telemedicine services, has announced the launch of Avel eSync.  - The innovative platform is designed to revolutionize telemedicine by streamlining workflows and empowering healthcare organizations to seamlessly integrate these services into their operations. Optimizing the Clinician Experience Avel eSync's core strength lies in its advanced workflow capabilities. This clinician-centric
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Click Therapeutics Acquires Better Therapeutics, Expands into Obesity and Cardiometabolic Disease

by Fred Pennic 05/22/2024 Leave a Comment

Click Therapeutics Acquires Better Therapeutics, Expands into Obesity and Cardiometabolic Disease

What You Should Know:  - Click Therapeutics, a leader in prescription digital therapeutics (DTx), announced today the acquisition of key assets from Better Therapeutics.  - Click's expansion into cardiometabolic disease follows successful DTx development efforts in other areas, including migraine prevention, depression, schizophrenia, and opioid use disorder.   Strengthening the DTx Pipeline The acquisition includes several key assets from Better
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Virtual Reality Relief for Workers’ Compensation: AppliedVR Launches RelieVRx® Program

by Jasmine Pennic 05/22/2024 Leave a Comment

AppliedVR Releases Clinical Trial Results from In-Home Virtual Reality Program for Chronic Lower Back Pain

What You Should Know:  - AppliedVR, a leader in immersive therapeutic solutions, has announced the launch of their flagship product, RelieVRx®, into the workers' compensation market. This FDA-authorized virtual reality (VR) program is the first of its kind to offer comprehensive, non-pharmacological treatment for chronic lower back pain (CLBP - AppliedVR's RelieVRx® program signifies a significant advancement in pain management for workers' compensation claims.   A
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