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Digital Health | News, Analysis, Insights - HIT Consultant

When Innovation Isn’t Enough: Pharma’s Next Frontier

by Michael Sheeley, Co-founder & CEO of Nurse-1-1 12/14/2022 Leave a Comment

Michael Sheeley, Co-founder & CEO of Nurse-1-1

I met Mark Cuban once. Our conversation didn’t last very long. It was at a medical conference a few years ago. Cuban felt like a great guy to approach with an idea for a healthcare startup. We were both investors in an automation software startup called Zoba, and I of course knew him from his role on the popular entrepreneurial reality TV series Shark Tank. A few seconds into our conversation, Cuban paused. “Healthcare is hard,” he sighed. That was his way of politely telling me: for that
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BehaVR & Oxford VR Merge, Raises $13M for VR Delivery Platform

by Fred Pennic 12/13/2022 Leave a Comment

BehaVR & Oxford VR Merge, Raises $13M for VR Delivery Platform

What You Should Know: - Virtual reality mental and behavioral health companies BehaVR and OxfordVR today announced their merger, supported by an initial $13M in Series B funding led by Optum Ventures and Oxford Science Enterprises, with participation from Confluent Health, Accenture Ventures, Chrysalis Ventures and Thornton Capital. - Uniting under the BehaVR brand, digital therapeutic companies BehaVR and OxfordVR will deliver comprehensive virtual reality-based treatments for mental and
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Ardent Health Services to Deploy AI-Powered, Virtual Nursing Program

by Jasmine Pennic 12/13/2022 Leave a Comment

Ardent Health Services to Deploy AI-Powered, Virtual Nursing Program

What You Should Know: - Ardent Health Services today announced a partnership with AI-powered ambient monitoring platform care.ai to implement care.ai’s Virtual Nursing solution at Lovelace Medical Center, Ardent’s Albuquerque, New Mexico-based affiliate. - Ardent, which operates 30 hospitals and nearly 200 sites of care across six states, is among the first of care.ai’s partners to introduce AI-powered nursing. Virtual Nursing Solution Driving Improved Clinical
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Analysis: RSNA 2022: Predictions vs Reality

by Steve Holloway, Director at Signify Research 12/13/2022 Leave a Comment

RSNA 2022: Predictions vs Reality

Much has already been written about attendance at RSNA, but from a first-hand perspective, RSNA 2022 could be regarded as a step back toward “normal”. Amongst mostly bustling halls, vendors reported very positive feedback on the volume and quality of customer meetings, with one prominent global imaging vendor citing “We’re signing deals here at the show again – things are looking up”.  Against this positive backdrop, however, the stark challenges facing radiology in a post-COVID world were
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How My Telehealth Company Used Revenue-Based Financing – not VC – to Get Mental Health Services to Underserved Seniors

by Jen Amis, President & CEO of Encounter Telehealth 12/13/2022 Leave a Comment

Jen Amis, President & CEO of Encounter Telehealth

Beyond just the impact of COVID-19, the need for tele-mental healthcare and telepsychiatry services continues to expand, especially for rural communities. With the unpredictable venture capital market, startups offering telehealth services increasingly find themselves evaluating alternative financing options. I’ve noticed a number of alternatives have emerged in the last several years. These can be especially helpful for startups that need quick decisions and have predictable revenue growth
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Brightside Health Launches Telehealth Program to Combat Suicide Epidemic

by Fred Pennic 12/12/2022 Leave a Comment

Brightside Health Launches Telehealth Program to Combat Suicide Epidemic

What You Should Know: - Brightside Health today announced Crisis Care, a telehealth program treating individuals with elevated suicide risk. With the addition of Crisis Care, the company will expand its services to individuals experiencing acute suicidal thoughts and behaviors. - While telehealth has improved access to mental healthcare, the majority of virtual mental health services only treat patients with low-to-moderately severe conditions. This
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AI/ML Used for Clinical Trial-Site Identification Simultaneously Improves Enrollment Rates and Diversity

by Lucas Glass, VP of the Analytics Center of Excellence (ACOE), IQVIA 12/12/2022 Leave a Comment

AI/ML Used for Clinical Trial-Site Identification Simultaneously Improves Enrollment Rates and Diversity

Ethnic and racial minorities are commonly underrepresented in clinical trials. This problem is so severe that in April, the U.S. Food and Drug Administration (FDA) expanded upon existing guidance to further emphasize recommendations to sponsors developing treatments to increase enrollment from underrepresented populations in the U.S., including African-American, Hispanic, Asian and other persons of color, in clinical trials. In the updated guidance, the FDA provided details on what sponsors
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AHI Acquires Canadian-based wellteq Digital Health Inc.

by Jasmine Pennic 12/12/2022 Leave a Comment

What You Should Know: - Advanced Health Intelligence Ltd acquires Canadian health technology company wellteq Digital Health Inc. This transaction follows the acquisition of South Africa based Vertica Health (Pty) Ltd in August, a biomathematical health risk modelling platform. Financial details of the acquisition were not disclosed. - The 3-company combination creates the only company globally capable of offering biometric health screening, health risk stratification, triage into telehealth and e-health programs from the digital-health-as-a-service platform, using just a smartphone. - Once fully integrated, the combination of AHI, wellteq and Vertica technology will deliver a biometrically-driven triage solution, all accessible on and via a smartphone. With these advanced technologies, AHI will help its partners escalate customers, subscribers, or patients into right-care pathways for proactive health management.

What You Should Know: - Advanced Health Intelligence Ltd acquires Canadian health technology company wellteq Digital Health Inc. This transaction follows the acquisition of South Africa based Vertica Health (Pty) Ltd in August, a biomathematical health risk modelling platform. Financial details of the acquisition were not disclosed. - The 3-company combination creates the only company globally capable of offering biometric health screening, health risk stratification, triage into
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Serena Williams-Backed Juno Medical Raises $12M to Expand Tech-Enabled Healthcare Clinics

by Fred Pennic 12/09/2022 Leave a Comment

Serena Williams-Backed Juno Medical Raises $12M to Expand Tech-Enabled Healthcare Clinics

What You Should Know: -  Juno Medical, the modern doctor's office that's designed for the 99% raises $12M in Series A funding co-led by Julian Eison, Managing Partner at NEXT VENTURES, and Serena Williams, Managing Partner at Serena Ventures. Other notable participants include Vast Ventures, which led Juno’s seed round, Empire State Development’s New York Ventures, TXV Partners, Genius Guild, Gaingels, and previous investors Atento Capital and Humbition. - Juno’s products and services are
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VA Provides Veterans with Immersive, VR Treatment for Chronic Lower Back Pain

by Fred Pennic 12/09/2022 Leave a Comment

VA Provides Veterans with Immersive, VR Treatment for Chronic Lower Back Pain

What You Should Know: - AppliedVR, an immersive therapeutics (ITx) pioneer advancing a novel, virtual reality-based approach to medicine, today announced a contract with the U.S. Department of Veterans Affairs (VA) to provide its FDA-authorized RelieVRx (formerly EaseVRx) solution to select Veterans impacted by chronic lower back pain (CLBP). - AppliedVR was awarded the contract with the VHA Innovation Ecosystem, a division of the VA that discovers, evaluates, and
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