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Digital Health | News, Analysis, Insights - HIT Consultant

Why Verily Raised $300M to Become an Independent Precision AI Health Giant

by Fred Pennic 03/19/2026 Leave a Comment

Verily and Vanderbilt Extend Partnership to Power NIH's All of Us Researcher Workbench

What You Should Know The Funding: Verily has closed a $300M investment round led by Series X Capital, a venture fund specifically established to scale Google X "moonshot" technologies into independent companies.The Restructuring: The company has officially transitioned its legal structure from an LLC to a corporation, newly named Verily Health Inc.Alphabet's New Role: In a massive corporate shift, Alphabet (Google's parent company) will remain a "significant minority investor" but will no
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Perplexity and b.well Connected Health Partner for AI-Powered Medical Records Search

by Jasmine Pennic 03/19/2026 Leave a Comment

Perplexity and b.well Connected Health Parnter for AI-Powered Medical Records Search

What You Should Know The Partnership: AI search engine Perplexity has partnered with b.well Connected Health to allow consumers to securely link their complete medical records directly into their AI search experience.The Data Network: b.well operates one of the largest connected health data networks in the U.S., enabling secure access across more than 2.4 million providers and 350+ health plans and labs.The Clinical Upgrade: Instead of relying on generic internet scraping to answer health
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Imperative Care Secures $100M to Automate Stroke Treatment, Develop Endovascular Robotics Platform

by Fred Pennic 03/19/2026 Leave a Comment

Imperative Care Secures $100M to Automate Stroke Treatment, Develop Endovascular Robotics Platform

What You Should Know The Financing: Imperative Care, a commercial-stage medical technology company, has closed an oversubscribed $100M convertible note financing round.The Investors: The round was co-led by new investors Elevage Medical Technologies (a Patient Square Capital platform) and Perceptive Advisors, alongside existing investor Catalio Capital Management. Notably, Dr. Evan Melrose, CEO of Elevage, will join Imperative Care's Board of Directors.The Core Business: Imperative Care
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Why 57% of Hospital Tech Pilots Fail (And What CFOs Are Buying Instead)

by Fred Pennic 03/19/2026 Leave a Comment

Why 57% of Hospital Tech Pilots Fail (And What CFOs Are Buying Instead)

What You Should Know The Data Source: SmartSense by Digi, an IoT sensing-as-a-service provider, has released its 2026 Hospital CFO Technology Outlook Report, surveying 150 U.S.-based hospital financial leaders.Budgets Are Up, Timelines Are Down: While 73% of CFOs expect their technology budgets to increase in 2026, the required payback period has been brutally slashed. Historically, hospitals accepted a 3-year ROI window. Today, 51% of CFOs require returns to exceed 110% within 18 months, and
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M&A: MedArrive Acquires Inbound Health Assets, Names Ophir Lotan CEO to Scale Hospital-at-Home Logistics

by Jasmine Pennic 03/18/2026 Leave a Comment

MedArrive Acquires Inbound Health Assets, Names Ophir Lotan CEO to Scale Hospital-at-Home Logistics

What You Should Know The Acquisition: MedArrive, a technology platform that optimizes in-home care logistics, has acquired assets from Inbound Health. Financial details of the acquisition were not disclosed. The Tech Acquired: The acquisition specifically brings Inbound Health's AI-backed patient-navigation capabilities into the MedArrive ecosystem. This technology uses AI scoring models to analyze clinical data and identify exactly when a patient is ready to transition from a hospital
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Doximity Releases 2026 Report on Physician AI Adoption Across 15 Medical Specialties

by Fred Pennic 03/18/2026 Leave a Comment

Doximity Releases 2026 Report on Physician AI Adoption Across 15 Medical Specialties

What You Should Know The Data Source: Doximity, the massive digital networking platform used by over 85% of U.S. physicians, has released its 2026 State of AI in Medicine Report, based on surveys of 3,151 physicians across 15 specialties.Massive Adoption Spike: AI usage is no longer niche. A staggering 94% of physicians report they are either currently using AI or are interested in doing so. Actual daily usage jumped from 47% in early 2025 to 63% by early 2026.The Top Users: Neurologists lead
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Mount Sinai Health System to Deploy Midstream Health’s AI-Powered Financial Platform

by Fred Pennic 03/18/2026 Leave a Comment

Mount Sinai Health System to Deploy Midstream Health's AI-Powered Financial Platform

What You Should Know The Collaboration: The Mount Sinai Health System has announced a strategic collaboration with Midstream Health, an AI-powered financial action platform backed by a16z and CommonSpirit Ventures.The Initial Deployment: Mount Sinai is first deploying the AI platform specifically within its supply chain system. The health system spends "well in excess of $1 billion a year" on supplies, equipment, and services.The Core Problem: Large healthcare organizations suffer from
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How AI Vocal Biomarkers Are Turning Speech Into a Vital Sign

by Kang Hsu, Jr., MD, Chief Medical Officer CMO of Canary Speech 03/17/2026 Leave a Comment

Combatting Patient Aggression: How Vocal Biomarkers Can Protect Hospital Staff

Early detection has always been one of medicine’s most powerful tools. The sooner we can identify cognitive, behavioral, or neurological conditions, the greater the potential benefit for patients, their caregivers, and their providers. That truth is even more pressing today. Thanks to rapid advances in artificial intelligence and speech analysis, vocal biomarkers have emerged as a fast, accurate, and non-invasive way to screen for a growing range of conditions. The ability to
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Turquoise Health Secures $40M for AI-Powered Healthcare Pricing Platform

by Fred Pennic 03/17/2026 Leave a Comment

Turquoise Health Secures $40M for Healthcare Pricing Platform

What You Should Know The Funding: Turquoise Health, a multi-sided healthcare pricing and payment platform, has closed a $40M Series C funding round led by Oak HC/FT, with participation from a16z, Adams Street Partners, and Yosemite.The Macro Crisis: The financial infrastructure of U.S. healthcare is fundamentally broken, resulting in nearly $1 trillion in annual administrative waste. Opaque, paper-based contracts lead to massive revenue leakage, claim denials, and surprise patient billing.The
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Conduit Health Secures $17M for AI-Powered Medical Supply Platform

by Fred Pennic 03/17/2026 Leave a Comment

Conduit Health Secures $17M for AI-Powered Medical Supply Platform

What You Should Know The Funding: Conduit Health, a consumer-oriented provider of insurance-covered medical supplies, has closed a $17M Series A led by Drive Capital, bringing its total funding to $22 million.The Problem: Roughly 50 million Americans rely on insurance-covered home medical supplies (Durable Medical Equipment or DME). However, navigating the shifting payer rules, physician documentation, and prior authorizations often turns a straightforward Medicare/Medicaid benefit into a
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