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Digital Health | News, Analysis, Insights - HIT Consultant

Exec Hires: Elucid Appoints Andrew Miller as CTO

by Digital Health Executive Appointments 03/29/2023 Leave a Comment

Exec Hires: Elucid Appoints Andrew Miller as CTO

What You Should Know: - Elucid, Inc., a medical technology company providing physicians with AI-powered imaging analysis software to assess cardiovascular disease, has hired Andrew Miller as its chief technology officer (CTO). - As CTO, Andrew will lead the technology strategy and oversee the engineering team’s execution. Elucid’s software is the only FDA-cleared non-invasive tool able to accurately characterize arterial plaque, simulating what pathologists would see under a microscope and
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Zorro Launches with $11.5M to Revolutionize Employee Health Benefits

by Fred Pennic 03/29/2023 Leave a Comment

Zorro Launches with $11.5M to Revolutionize Employee Health Benefits

What You Should Know: - Zorro, a digital health company optimizing the health benefits experience for employees, employers and brokers, announced its launch out of stealth with $11.5M seed funding round co-led by Pitango and 10D. - The process of offering employee benefits is complicated, opaque and burdensome. For employers and brokers, offering benefits often results in unpredictable budgets, endless administration, and a distraction from the core business. For employees, health
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DW Healthcare Partners Closes $210M Fund to Invest in Healthcare Companies

by Fred Pennic 03/28/2023 Leave a Comment

DW Healthcare Partners Closes $210M Fund to Invest in Healthcare Companies

What You Should Know: - DW Healthcare Partners (“DWHP”), a healthcare-focused private equity firm, announced the closing of  DW Healthcare Partners Small Cap, L.P. (“Founders Fund”), a $210M fund focused on lower middle market healthcare investments. This new fund brings DWHP’s total capital under management to USD $1.3 billion. - The Founders Fund will invest in companies that are $3M to 6M EBITDA.  The fund currently has two investments: TubeWriter and DermLite.
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5 AI-Driven Healthcare Trends and Solutions in 2023

by Dmitrii Evstiukhin, Director of Managed Services at Provectus 03/28/2023 Leave a Comment

AI-Driven Healthcare Trends and Solutions in 2023

Enterprise-level healthcare is a massive business sector with seemingly infinite moving parts. With patients’ lives at stake, liability is huge, leaving little room for error. Yet human error is common in healthcare, and minor mistakes can cost millions in legal fees and lawsuits, not to mention risks to patient health. Healthcare enterprises are quickly embracing artificial intelligence solutions to mitigate loss, streamline operations, improve efficiency, and enhance customer
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Exploring The Value of Metaverse Use Cases in Life Sciences

by Pratik Maroo, VP - Products, Indegene & Brooke Anderson, Marketing Manager, Omnichannel Activation and Emerging Biotech, Indegene 03/27/2023 Leave a Comment

Exploring The Value of Metaverse Use Cases in Life Sciences

What once seemed like science fiction, interacting with people across the world has become the new normal. While we have become increasingly accustomed to video calls and instant communication in recent years, forays into virtual worlds and extended realities are still relatively novel.  In a post-Covid world, it seems strange to think that video conferences and calls were not the norm only three years ago. But the value created by virtual interactions during the last several years has
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Exec Hires: Trusted Health Appoints Sue Nallapeta as CTO

by Digital Health Executive Appointments 03/24/2023 Leave a Comment

Trusted Health Appoints Sue Nallapeta as CTO

What You Should Know: - Trusted Health, the leading career marketplace for healthcare professionals announced the appointment of Sue Nallapeta as its new Chief Technology Officer. Nallapeta is the fourth woman to join Trusted as a C-level executive in the last year, and eighty percent of the company’s senior leadership is now women. - Nallapeta is a seasoned engineering leader with more than 15 years of experience leading teams across a variety of consumer-facing
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Survey Reveals Accelerating Use of AI to Overcome Workforce Challenges 

by Syed Hamza Sohail 03/24/2023 Leave a Comment

Survey by The Health Management Academy Reveals Accelerating Use of AI to Overcome Workforce Challenges

What You Should Know: - Given the severity of labor shortages and staffing constraints facing health systems nationwide, C-suite executives are turning to artificial intelligence (AI) to fill gaps and improve productivity, according to a recent survey conducted by The Health Management Academy (The Academy) with support from Outbound AI. - Almost half of executives (47.5%) report their health system is currently using AI solutions for the workforce, while all others
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Flume Health Launches Tool to Remedy Health Insurers’ Fatigue

by Jasmine Pennic 03/24/2023 Leave a Comment

Flume Health Launches Tool to Remedy Health Insurers’ Fatigue

What You Should Know: - Flume Health, a healthcare technology company for payer operations launches Flume Relay to systematize the complex solution integration process involved in designing, launching, and administering a health plan. - Flume Relay aims to solve payers’ greatest limitation: the integrations and real-time data exchange with the plethora of vendors and systems that make up a health plan. Health Plan Vendor Fatigue Health plans are experiencing vendor fatigue at an
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Vital Secures $24.7M for AI-Driven Solutions for Hospitals, Health Systems

by Fred Pennic 03/23/2023 Leave a Comment

Vital Secures $24.7M for AI-Driven Solutions for Hospitals, Health Systems

What You Should Know: - Vital, an artificial intelligence (AI)-driven digital health company improving the patient experience, today announced that it has raised $24.7M in Series B funding to fuel expansion and support the rapid growth of its modern software. The investment round led by Transformation Capital, with support from Threshold Ventures, strategic health system investors and Vital CEO / Mint.com creator Aaron Patzer, brings Vital’s total funding to over
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Ribbon Health Enables Access to Provider Appointment Booking, Eliminating Barriers to Care

by Jasmine Pennic 03/23/2023 Leave a Comment

Ribbon Health Enables Access to Provider Appointment Booking, Eliminating Barriers to Care

What You Should Know: - Ribbon Health (Ribbon), a leader in healthcare provider data technology and management launches new platform features that will increase access to care through provider scheduling. - Enabled by partnerships with leading booking marketplaces, these new platform capabilities empower patients to easily search for providers that both fit their needs and are accepting new patients, and book appointments with those providers for high-quality care across primary,
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