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Digital Health | News, Analysis, Insights - HIT Consultant

Digital Health Apps Graveyard: Why 53% Fail and How to Succeed

by Shameem C Hameed, Founder and CEO of blueBriX 04/11/2024 Leave a Comment

Digital Health Apps Graveyard: Why 53% Fail and How to Succeed

The digital market is flooded with health apps. Over 90,000 offers were introduced to patients and healthcare providers alike in 2020 alone, with this number continuing to rise in response to mounting healthcare system pressures.  It therefore comes as little surprise to learn that 53% of all digital health apps are uninstalled within 30 days of download. People are more than happy to trial them but fail to achieve continued adherence, oftentimes because the app hasn’t provided them with
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Xealth & Locus Health Partner to Deliver Remote Monitoring for Kids at Children’s Wisconsin

by Syed Hamza Sohail 04/11/2024 Leave a Comment

Xealth & Locus Health Partner to Deliver Remote Monitoring for Kids at Children's Wiscon

What You Should Know: Xealth, a pioneer in facilitating digital health on a large scale, revealed today that Children’s Wisconsin, the sole independent healthcare system in Wisconsin focused solely on children's health, has adopted Xealth's digital health platform system wide. This integration allows care teams to virtually connect with pediatric patients' post-hospital discharge through Locus Health's remote patient monitoring (RPM) solution.Children’s Wisconsin, Wisconsin’s
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MD Revolution & Dexcom Integrate Remote Glucose Monitoring

by Syed Hamza Sohail 04/11/2024 Leave a Comment

MD Revolution & Dexcom Integrate Remote Glucose Monitoring

What You Should Know: - MD Revolution, known for its remote care management solutions, collaborates with Dexcom to integrate cutting-edge continuous glucose monitoring systems into its platform. - Dexcom, a global leader in real-time continuous glucose monitoring, serves over 537 million individuals worldwide living with diabetes. Through wearable devices synced with smartphones, patients' glucose data becomes accessible to clinicians via MD Revolution's care management platform,
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Bayer & Google Cloud to Develop AI-Powered Health Apps for Radiologists

by Jasmine Pennic 04/10/2024 Leave a Comment

Bayer & Google Cloud to Develop AI-Powered Health Apps for Radiologists

What You Should Know:  - At Cloud Next '24, Bayer and Google Cloud are teaming up to develop artificial intelligence (AI) solutions that empower radiologists and ultimately improve patient care. - This collaboration centers on expanding Bayer's innovation platform, designed to streamline the development and deployment of AI-powered applications specifically for radiology. By leveraging Google Cloud's technology, including generative AI (gen AI) tools, Bayer aims to overcome common
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Cedars-Sinai Expands Virtual Healthcare for Children & Spanish Speakers

by Syed Hamza Sohail 04/10/2024 Leave a Comment

Cedars-Sinai Expands Virtual Healthcare for Children & Spanish Speakers

What You Should Know: Cedars-Sinai is expanding virtual healthcare for children and Spanish speakers in California through its mobile app Cedars-Sinai Connect, a fast-growing online option that allows patients to quickly access top healthcare professionals for acute, chronic and preventive care. Innovative Healthcare Solutions: Expanded Access for Children and Spanish Speakers at Cedars-Sinai Children aged 3-17 can now conveniently access urgent healthcare services from
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Q1 2024 Digital Health Funding: A Reset & Refocus on Outcomes

by Fred Pennic 04/09/2024 Leave a Comment

Q1 2024 Digital Health Funding: A Reset & Refocus on Outcomes

What You Should Know: - Q1 2024 Digital health funding in the U.S. reached $2.7B across 133 deals, with an average deal size of $20.6M, according to Rock Health’s Q1 2024 Digital Health Funding Report.  - The report reveals the digital health funding landscape has undergone a significant shift in Q1 2024, marking a transition from a period of rapid growth to a more measured environment focused on long-term sustainability. This signals a shift towards smaller check sizes, indicating a more
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Augmedix, Andor Health Integrate to Enhance Virtual Care with AI-Powered Documentation

by Fred Pennic 04/09/2024 Leave a Comment

Augmedix, Andor Health Integrate to Enhance Virtual Care with AI-Powered Documentation

What You Should Know:  - Augmedix (AUGX), a leader in AI-powered medical documentation, and Andor Health, a cloud-based platform for virtual care communication, have announced a strategic partnership to streamline workflows and improve patient care.  - The strategic integration aims to revolutionize virtual care by leveraging ambient AI to automate note creation within the Andor Health platform, ThinkAndor®. Focus on Clinician Efficiency and Patient Care Augmedix's AI
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Combatting Physical Therapy Burnout: Can Digital Health Help?

by Patrick Tarnowski, Chief Commercial Officer, OneStep 04/09/2024 Leave a Comment

Combatting Physical Therapy Burnout: Can Digital Health Help? Addressing the 15K Person Challenge How Unique Technologies Support a Shrinking yet Essential PT Workforce

The physical therapy profession, encompassing both Physical Therapists (PTs) and Physical Therapist Assistants (PTAs), is navigating through a period of unprecedented challenge. Recent data highlights concerning trends - not only did the sector see the departure of 15,000 PTs, or 11% of the existing workforce, between 2021 and 2022, but there has also been a consistent 5% annual decrease in applicants to PT programs over the last three to four years. These developments signal an urgent need for
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Define Ventures Appoints Frank Williams as Venture Partner

by Executive Hires 04/09/2024 Leave a Comment

Define Ventures Appoints Frank Williams as Venture Partner

What You Should Know:  - Define Ventures, the leading early-stage investor in digital health companies, announced today the appointment of Frank Williams as Venture Partner.  - Williams, a seasoned entrepreneur and healthcare executive, brings a wealth of experience to the firm, playing a key role in supporting and scaling their portfolio companies. Williams Bio/Background Williams boasts an impressive career in healthcare, highlighted by his co-founding role at Evolent
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Vista Equity Partners Acquires Model N for $1.25B

by Fred Pennic 04/08/2024 Leave a Comment

Vista Equity Partners Acquires Model N for $1.25B

What You Should Know:  - Model N (NYSE: MODN), a leading provider of revenue optimization and compliance solutions for the life sciences and high-tech industries, has announced a definitive agreement to be acquired by Vista Equity Partners ("Vista"). - Under the terms of the agreement, Vista will acquire all outstanding shares of Model N common stock for $30.00 per share in an all-cash transaction valued at approximately $1.25 billion. - The transaction is expected to close in
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