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
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Digital Health | News, Analysis, Insights - HIT Consultant
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
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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
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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
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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
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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.
-
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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
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Telehealth Apps Named Preferred Channel for Virtual Care Delivery, J.D. Power Finds
What You Should Know:
Telehealth has undergone a transition from pandemic era lifeline to convenient outlet for routine follow-ups, treatment of minor illnesses and mental health service.Along the way, according to the J.D. Power 2023 U.S. Telehealth Satisfaction Study,SM released today, a stark generation gap has emerged between Millennials1 and Boomers, with younger patients driving the highest overall satisfaction scores and older patients experiencing significantly lower
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Wheel Launches Next-Gen Virtual Care Platform
What You Should Know:
- Wheel, an Austin, TX-based virtual care platform empowering companies to deliver consumer-centric care, announced the next generation of its virtual care platform to help enterprise organizations build seamless care experiences.
- Wheel enables enterprise organizations looking to grow their virtual care offering, drive engagement and loyalty, and deliver high-quality virtual care at scale. In just three years, the company has delivered care to over four
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Komodo Health Launches MapLab For Enterprise Healthcare Insights
What You Should Know:
Komodo Health today introduced MapLab™, the first all-in-one offering for healthcare and Life Sciences companies to generate insights into disease trends, treatment pathways, patient populations, and a host of other complex research questions.The technology ushers in a new, fully integrated insights workflow solution for the industry to more easily and rapidly unearth rich insights that will help reduce disease burden at scale. MapLab includes robust data science
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