As a physician, I’m captivated by artificial intelligence’s (AI) potential to revolutionize care, while simultaneously acknowledging the apprehensions that accompany such advancements — in particular the more topical large language models (LLMs) and generative AI.
Ready or not, there’s no question that AI will impact our industry; in fact, the market is expected to grow from $14.6 billion in 2023 to a staggering $102.7 billion in just five years.
An expanding array of use cases
In my
Read More
Digital Health | News, Analysis, Insights - HIT Consultant
FemTech: Diana Health Secures $34M to Expand Maternity Care Model
What You Should Know:
- Women's health startup Diana Health raises $34M in Series B funding round led by Norwest Venture Partners.
- The company plans to use the funding to expand its collaborative maternity care model that is improving patient care outcomes and delivering clear ROI for hospitals and health systems who typically take a loss on their Labor & Delivery department.
Pregnancy, Gynecology, and Women’s Wellness
The U.S. is facing a maternal health crisis.
Read More
Medable & Pluto Health Partner to Increase Patient Access to Clinical Trials
What You Should Know:
- Medable Inc., a technology provider for modern clinical trials forms an enterprise partnership with Pluto Health, a smart care coordination services company.
- The partnership brings together two best-in-class technology solutions in healthcare to streamline clinical trial execution, improve data quality in trials, and enhance the patient experience from study start and long after the trial is over.
Optimize Patient Experience and Improve Access
Read More
7wireVentures Launches $217M Growth & Opportunity Fund to Support Later-Stage Digital Health Investments
What You Should Know:
- 7wireVentures, one of the country’s leading digital health venture capital firms, today announced the successful completion of a $217 million Growth & Opportunity “GO” Fund, its largest to date.
- The new venture fund will support later-stage digital health investments in high-potential companies from existing portfolios as well as new opportunities. The closing of the $217M GO Fund brings the Firm’s assets under management (AUM) to over $500M.
GO
Read More
Q3 2023 Digital Health Funding Stalls at $2.5B
What You Should Know:
The digital health sector has encountered substantial declines in funding and deal volume; however, quarterly trends are now stabilizing within a fresh investment cycle, with investors directing funds toward startups engaged in exploring innovative treatment pathways and addressing nonclinical workflow challenges.Despite witnessing notable bankruptcies among former IPO success stories in 2023, the overall public market performance of the entire digital health sector has
Read More
Veradigm Invests $30M in Behavioral Health Co. Holmusk
What You Should Know:
- Veradigm Inc. (NASDAQ: MDRX), a provider of healthcare data and technology solutions, announced it has made a $30M strategic investment in Holmusk, a global behavioral health real-world evidence company. The strategic investment builds on the strengths of each company to fuel innovation in behavioral health and create the evidence needed to move the field forward.
- In this new phase of the collaboration, cohorts of millions of behavioral
Read More
The Digital Dilemma: How Social Media Impacts Youth Mental Health and What We Can Do To Help
In the current digital landscape, the impact of social media on youth mental health is becoming an increasingly pressing concern. Dr. Vivek Murthy, the U.S. Surgeon General, recently issued a call to action, urging tech companies and lawmakers to take immediate steps to safeguard the mental well-being of our children and adolescents.
This timely request is certainly necessary, but it only scratches the surface of a complicated issue.
From my perspective as a
Read More
Anumana Receives FDA Clearance for ECG-AI Algorithm to Detect Low Ejection Fraction
What You Should Know:
Today, Anumana, a nference portfolio company working in collaboration with Mayo Clinic, announced it has received its first 510(k) clearance from the U.S. FDA for its ECG-AI LEF algorithm.
- ECG-AI LEF is Anumana’s artificial intelligence (AI)-powered algorithm to detect low left ventricular ejection fraction, a significant early indicator of heart failure.
Anumana’s ECG-AI LEF Background
Developed in partnership with Mayo Clinic, Anumana’s
Read More
OM1 Launches Asthma and Chronic Rhinosinusitis Datasets to Expand RWE
What You Should Know:
- OM1, a real-world data, AI, and technology company with a focus on chronic diseases launches two new clinical datasets, Chronic Rhinosinusitis (CRS) and Asthma.
- Both datasets are derived from longitudinal follow-ups of patients seen by specialists and focus on patient characteristics, symptoms, treatments, clinical outcomes and healthcare resource utilization. Rapidly growing, the CRS and Asthma datasets each follow approximately 500,000 patients in the U.S.
-
Read More
Mayo Clinic, Phenomix Awarded First Patent for Obesity Phenotyping
What You Should Know:
- Phenomix Sciences, a precision medicine biotechnology company that brings data-driven precision medicine to obesity treatment, announced it has been awarded the first patent related to its obesity phenotyping technology.
- The patent (No. 11,740,247, titled “Methods and Materials for Assessing and Treating Obesity”) covers methods for treating obesity by identifying phenotypes through obesity analyte signatures and administering interventions, such
Read More
