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Digital Health | News, Analysis, Insights - HIT Consultant

TytoCare Report Reveals Providers’ Key to Virtual Care Adoption

by Syed Hamza Sohail 05/08/2023 Leave a Comment

Report Reveals Providers Key to Virtual Care Adoption

What You Should Know: A new report released by TytoCare, a virtual care company enabling accessible, high-quality primary care from home, revealed insights into how health plans and organizations can drive virtual care engagement.While key elements that patients value in virtual care offerings include cost and time savings, and the ability to reduce Emergency Department (ED) or urgent care visits, people want to see doctors they trust or and are more likely to adopt virtual care when
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Inbox Health Raises $22.5M for Patient Billing Communications Platform

by Fred Pennic 05/04/2023 Leave a Comment

Inbox Health Raises $22.5M for Patient Billing Communications Platform

What You Should Know: Inbox Health, a New Haven, CT-based patient billing communications platform raises $22.5M in a Series B financing round, led by fintech-focused Ten Coves Capital. The Series B announcement follows news that Inbox Health's billing technology was awarded a patent by the U.S. Patent and Trademark Office in April 2023. The new growth capital will further accelerate Inbox Health’s strategic growth as it continues to improve and modernize the billing, support, and payment
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AmerisourceBergen Launches Pharmacy Telehealth Pilot with SteadyMD

by Fred Pennic 05/04/2023 Leave a Comment

AmerisourceBergen Launches Pharmacy Telehealth Pilot with SteadyMD

What You Should Know: AmerisourceBergen (AB), a global healthcare company, has announced a strategic partnership with SteadyMD, a B2B telehealth infrastructure provider for the co-creation of a telehealth solution focused on Test to Treat opportunities. The solution is being offered as a pilot to independent community pharmacies across the US.In addition to the commercial partnership, AmerisourceBergen has also made a minority investment in SteadyMD through its venture fund AB Health
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Patient Square Capital Forms Elevage Medical Technologies to Partner with Growth-Stage Medical Device Companies

by Venture Capital & Private Equity 05/04/2023 Leave a Comment

Patient Square Capital Forms Elevage Medical Technologies to Partner with Growth-Stage Medical Device Companies

What You Should Know: Healthcare investment firm Patient Square Capital ("Patient Square") forms Elevage Medical Technologies ("Elevage"), a new portfolio company to support the growth of promising medical device companies by providing capital and deep strategic expertise. Elevage will deliver financial and strategic growth support to a broad set of medical device technology companies that are at the forefront of transforming health care through cutting-edge devices that enhance health
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Healthy.io Secures $50M to Expand Smartphone Kidney Test

by Fred Pennic 05/03/2023 Leave a Comment

Healthy.io Secures $50M to Expand Smartphone Kidney Test

What You Should Know: Healthy.io, the global leader in transforming the smartphone camera into a clinical-grade device, raises $50M in a Series D funding round led by Schusterman Family Investments and is joined by Aleph and other existing shareholders. This investment, together with a previously unannounced $45 million February 2022 investment, comprises the company’s Series D.The Series D round will support Healthy.io’s expansion across the U.S. market, where Minuteful Kidney™, the
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Magenta Medical Raises $55M for World’s Smallest Heart Pump

by Syed Hamza Sohail 05/03/2023 Leave a Comment

Magenta Medical Raises $55M for World’s Smallest Heart Pump

What You Should Know: Magenta Medical, the developer of the world’s smallest heart pump, announced today a $55M financing round led by global healthcare investment manager OrbiMed, with participation from existing investors New Enterprise Associates (NEA), Pitango VC, and ALIVE - Israel HealthTech Fund.The financing will be used, among other things, to advance the clinical programs of the company’s product in the United States toward its first FDA
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Kinnos Secures $15M to Expand Colorizing Disinfection Platform

by Fred Pennic 05/03/2023 Leave a Comment

Kinnos Secures $15M to Expand Colorizing Disinfection Platform

What You Should Know: Kinnos, the maker of Highlight®, a novel technology that colorizes disinfectants raises $15M led by a group of current and former industry leaders. The company also named healthcare veteran Steve Fanning as Chief Executive Officer and a member of the Board of Directors.Founded during the Ebola outbreak in West Africa, Kinnos is pioneering ways to more optimally employ proven disinfectants for a safer healing environment amidst a rising tide of infections globally.This
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45% of U.S. Adults Say AI In Healthcare Is Trustworthy, 20% Note Privacy Of Health Data Violated

by Jasmine Pennic 05/03/2023 Leave a Comment

45% of U.S. Adults Say AI In Healthcare Is Trustworthy, 20% Note Privacy Of Health Data Violated

What You Should Know: Healthcare.com polled over 1,000 U.S. adults in a healthcare tech survey and found: 20% of Americans say the privacy of their health data has been violated45% say AI in Healthcare is TrustworthyAmong 8 possible AI uses in healthcare, the top three reported by pollees are :Virtual health assistants (33%), targeted treatments (30%), and diagnosis of blood diseases (21%)Among 12 possible
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Improving Non-Emergency Medical Transportation: Driving Better Outcomes for Patients and Health Plans

by Andy Auerbach, Chief Revenue Officer of SafeRide Health 05/02/2023 Leave a Comment

Improving Non-Emergency Medical Transportation: Driving Better Outcomes for Patients and Health Plans

As the healthcare industry continues to evolve, there is a growing need for innovative solutions that not only improve the quality of care but also make care more accessible. Non-emergency medical transportation (NEMT) plays a crucial role in helping patients get to where care is delivered. As healthcare reform efforts continue to gain momentum, transportation benefits have become an increasingly critical component of providing equitable care to patients. NEMT helps close the health equity gap
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Morgan Health Invests $25M in Fertility Network Kindbody

by Jasmine Pennic 05/02/2023 Leave a Comment

Morgan Health Invests $25M in Fertility Network Kindbody

What You Should Know: Morgan Health, the JPMorgan Chase & Co. business unit announced a $25M investment in Kindbody, a fertility clinic network and global family-building benefits provider for employers offering the full-spectrum of reproductive care from preconception to postpartum through menopause. Kindbody is a technology-driven fertility clinic network and family-building benefits provider for employers offering virtual and in-person care supporting 112 leading employers, covering
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