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Digital Health | News, Analysis, Insights - HIT Consultant

Cosmos Health Acquires Telemedicine Platform ZipDoctor – M&A

by Health M&A 03/20/2023 Leave a Comment

Cosmos Health Acquires Telemedicine Platform ZipDoctor

What You Should Know: - Cosmos Health Inc., a global healthcare group with proprietary lines of nutraceuticals and distributor of pharmaceuticals, branded generics, OTC medications and medical devices, announced today that it has entered into a definitive agreement to acquire ZipDoctor Inc. from American International Holdings Corp (AMIH) for an undisclosed sum. - ZipDoctor Inc., a wholly owned subsidiary of American International Holdings Corp. (AMIH), is a direct-to-consumer
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MedArrive, Ouma Partner to Bring In-Home Maternal Care to Vulnerable Medicaid Members

by Jasmine Pennic 03/20/2023 Leave a Comment

MedArrive, Ouma Partner to Bring In-Home Maternal Care to Vulnerable Medicaid Members

What You Should Know: - MedArrive today announced its collaboration with Ouma, one of the most mission-driven maternal health companies in the nation, which has the largest DTC network of maternal-fetal medicine providers (and other care specialists). - The collaboration aims to improve the health of pregnant women and their newborns, especially those at high risk, by adding a vital service to MedArrive’s growing ecosystem of specialty care providers that managed
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Exec Hires: Hinge Health Appoints James Budge as Chief Financial Officer

by Digital Health Executive Appointments 03/20/2023 Leave a Comment

Hinge Health Appoints James Budge as Chief Financial Officer

What You Should Know: - Today, Hinge Health, a digital MSK clinic for neck, back & joint pain, announced the appointment of James Budge as chief financial officer.  - In this role, he will be responsible for the company’s financial strategy, driving quarterly performance, and stewarding sustainable growth to make high-quality care more accessible and affordable.  James Budge Bio James brings 25 years of CFO experience across a range of public and private
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Accelerating Clinical Trials Through AI-Enabled Precision Oncology

by Marie E. Lamont, Global RWE Data Strategy, Access & Enablement at IQVIA and General Manager 03/17/2023 Leave a Comment

Accelerating Clinical Trials Through AI-Enabled Precision Oncology

The American Cancer Society’s Cancer Statistics 2023 report highlighted a few major accomplishments within oncology, such as decreased cancer mortality rates and increased trial diversity. However, there is still much work to be done. Especially with the multiple types of new and ongoing challenges clinicians and staff members are facing - such as high turnover rates, decreased budgets and increased feelings of burnout - taking the necessary steps to enhance clinical trial procedures is crucial
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Accenture: Data Collaboratives Hold Great Promise for Accelerated Healthcare Progress and Precision Medicine

by Syed Hamza Sohail 03/16/2023 Leave a Comment

Accenture: Data Collaboratives Hold Great Promise for Accelerated Healthcare Progress and Precision Medicine

What You Should Know: - Accenture published Fast-Forwarding Healthcare through Data Collaboratives Report to discover how best health ecosystem players access data to fast-forward healthcare. - Data generated by technical and scientific advances, like connected health devices, consumer health and medical-grade digital apps, individual multi-omics profiling data and the move to cloud storage, holds great promise for accelerated healthcare progress and precision medicine, and data
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ObvioHealth Launches Decentralized Clinical Trial for Migraine Treatment Device

by Fred Pennic 03/16/2023 Leave a Comment

ObvioHealth Launches Decentralized Clinical Trials for Migraine Treatment Device

What You Should Know: - ObvioHealth and Mi-Helper, Inc. announce a partnership to conduct a decentralized clinical trial for a non-invasive neuromodulation device for the treatment of migraines. The randomized controlled trial will be fully remote, enabling data capture from home—where the device is intended to be used. - Mi-Helper has been developed to meet a massive unmet need for effective, targeted, and drug-free pain management of migraines, a condition which impacts 1 billion
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Amboy Street Ventures Launches $20M Fund to Support Femtech Startups

by Jasmine Pennic 03/15/2023 Leave a Comment

Amboy Street Ventures Launches $20M Fund to Support Femtech Startups

What You Should Know: - Amboy Street Ventures, the world's first venture capital firm focused on women's health and sexual health for all genders, closed its debut $20 million fund. - Amboy Street plans to invest in the Seed and Series A stages of women’s health and sexual health startups to both lift associated stigmas and usher forward a new world of inclusive health and wellbeing.  Investment Thesis & Portfolio The world is undergoing a massive social reformation
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OpenLoop Secures $15M for White-Label Telehealth Support

by Syed Hamza Sohail 03/15/2023 Leave a Comment

OpenLoop Secures $15M for White-Label Telehealth Support

What You Should Know: - OpenLoop, a leader in white-label telehealth support services powering virtual and hybrid care across the country, today announced it has raised a $15M Series A funding. - The round was led by Nava Ventures, with participation from new investors UnityPoint Health Ventures and PrimeTime Ventures, and existing investors SpringTide Ventures and ManchesterStory. The company also announced a new nationwide insurance payer network that allows clients to offer reimbursable
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Protai Raises $20M to Build an Oncology Drug Discovery Pipeline

by Syed Hamza Sohail 03/15/2023 Leave a Comment

Protai Raises $20M to Build an Oncology Drug Discovery Pipeline

What You Should Know: - Protai, a proteomics and AI-powered drug discovery startup revolutionizing the way new drugs are discovered, today announced a $12 million extension of its seed round, bringing the total amount to $20M. - The round includes existing investors Grove Ventures and Pitango Healthcare and was joined by Copenhagen-based Maj Invest Equity Fund. The additional funding will be used to build Protai’s oncology drug discovery pipeline, expand data
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TytoCare Receives FDA Clearance for AI-Powered Tyto Insights for Wheeze Detection

by Syed Hamza Sohail 03/15/2023 Leave a Comment

TytoCare and Overlake Partner to Expand Virtual Care Offerings

- TytoCare, a virtual care company enabling accessible, high-quality primary care from home, today announced that it received FDA clearance for its Tyto Insights for Wheeze Detection, paving the way for its rollout in the US. - The wheeze detection algorithm expands the company’s existing AI-powered Tyto Insights™ smart diagnostic capabilities, filling the quality gaps currently experienced with traditional telehealth and alleviating challenges imposed by the ongoing shortage of healthcare
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