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Digital Health | News, Analysis, Insights - HIT Consultant

Catalyst by Wellstar Launches $100M Digital Health Venture Fund

by Fred Pennic 05/18/2023 Leave a Comment

Catalyst by Wellstar Launches $100M Digital Health Venture Fund

What You Should Know: Catalyst by Wellstar, an innovation company and venture firm created by one of the largest health systems in Georgia launches a $100M digital health venture fund to shape the future of healthcare by creating better care and market value.The venture fund aims to make more than 50 direct investments in early-stage digital health startups, Pre-seed to Series A, over the next five years and invest indirectly in 150+ startups through limited partner investments with venture
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Included Health Launches Virtual-to-Home, Care Model

by Jasmine Pennic 05/18/2023 Leave a Comment

HLTH21: Grand Rounds Health, Doctor On Demand Rebrand as Included Health

What You Should Know: Included Health announced a new partnership with a national provider of high acuity and complex in-home care, DispatchHealth to launch a new virtual-to-home, care model.Included Health and DispatchHealth will supplement care that begins online with on-demand, in-home support. This augmented offering will activate the home as a setting to treat everything from common to complex injuries, illnesses and disease, and offers great promise when it comes to reducing
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How AI Can Improve the Human Connections of Healthcare

by Dr. Nele Jessel, Chief Medical Officer, athenahealth 05/18/2023 Leave a Comment

How AI Can Improve the Human Connections of Healthcare

ChatGPT is the latest artificial intelligence (AI) advancement making waves. Nearly every industry is evaluating the advantages and disadvantages associated with incorporating this technology into their processes. In healthcare specifically, ChatGPT’s AI capabilities are far away from true disruption, but there is a sharp lens on its future potential for improving healthcare operations and delivery of care. Looking more broadly, we are at a pivotal moment in time with the AI and machine learning
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LRVHealth Raises $200M Fund V Focused on Care Anywhere

by Digital Health Venture Capital Funding 05/17/2023 Leave a Comment

LRVHealth Raises $200M Fund V Focused on Care Anywhere

What You Should Know: Today, LRVHealth announced that it raised $200M in its fifth fund to accelerate its track record of driving transformational change in healthcare. In addition, the firm has expanded its team of healthcare operators and insiders to focus on a core investment strategy for this new fund that’s anchored around a central theme: Care Anywhere. The LRVHealth team has partnered with leading entrepreneurs and helped build many of the healthcare industry’s
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Neura Health Raises $8M to Expand Virtual Neurology Clinic

by Digital Health Venture Capital 05/17/2023 Leave a Comment

Neura Health Raises $2.2M to Expand Virtual Neurology Clinic

What You Should Know: Neura Health, a virtual neurology clinic, announced it has raised $8 million in seed funding to support its newly expanded go-to-market approach. With the funding, Neura will be able to move beyond the consumer market to bring the company’s neurology care offering to the enterprise sector, initially focusing on employers and health plans.Neura’s end-to-end solution offers those living with neurological conditions, starting with headaches and migraine, unlimited online
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PatientsLikeMe & MGH Partner to Support ALS Research

by Jasmine Pennic 05/17/2023 Leave a Comment

UnitedHealth Group Acquires Personalized Health Network PatientsLikeMe

What You Should Know: PatientsLikeMe (PLM), announced a partnership with the Neurological Clinical Research Institute (NCRI) at Massachusetts General Hospital (MGH) to share de-identified patient data that can improve research outcomes for ALS.The company’s outcomes-rich data is now freely available to the international research community and will be a significant addition to Pooled Resource Open-Access ALS Clinical Trials (PRO-ACT) database comprising anonymized data from 29
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Health Tech: Why Design Matters and Ease of Use is Everything

by Jon Zimmerman, CEO of Holon Solutions 05/17/2023 Leave a Comment

Health Tech: Why Design Matters and Ease of Use is Everything

Today, patient data and patient information are essential components of delivering the best care. As healthcare expands beyond physical clinical settings and into digital channels, the need for data-driven, analytics-enabled, context-rich decision-making is only growing. Because of this, healthcare staff deal with ever-increasing amounts of data. In fact, health data proliferates so quickly, it doubles in volume every 73 days. How can our overburdened workforce keep up? Information systems,
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Hippocratic AI Launches with $50M for Safety Large Language Model for Healthcare

by Fred Pennic 05/16/2023 Leave a Comment

Hippocratic AI Launches with $50M for Safety Large Language Model for Healthcare

What You Should Know: Today, Hippocratic AI launched out of stealth to announce the first Large Language Model (LLM) designed specifically for healthcare, as well as a $50M seed round co-led by General Catalyst and Andreessen Horowitz.Co-founded by Munjal Shah and Meenesh Bhimani MD, Hippocratic AI is building the first LLM for healthcare, with an initial focus on non-diagnostic, patient-facing applications. It has outperformed existing language models (e.g. GPT-4) on 100+ healthcare tests
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How AI Can Deliver Benefits in Healthcare Manufacturing and Patient Device Usage

by Michael Tay, Platform Lead, Rockwell Automation 05/16/2023 Leave a Comment

How AI Can Deliver Benefits in Healthcare Manufacturing and Patient Device Usage

According to Grand View Research, the global artificial intelligence (AI) in healthcare market size was valued at USD 15.4 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 37.5% from 2023 to 2030, to reach an estimated USD 208.2 billion. That’s an impressive growth rate, indicating the expected value delivery to a mostly early-phase adoption of AI in the healthcare marketplace. With such aggressive predicted growth, many health industry professionals may ask
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Validic Acquires Connected Health Platform Trapollo

by Healthcare Mergers & Acquisitions 05/15/2023 Leave a Comment

Validic Acquires Connected Health Platform Trapollo

What You Should Know: Validic has acquired the assets of Trapollo LLC, a connected health, technical support, and device logistics provider that helps healthcare organizations care for patients at home. Trapollo is a wholly-owned subsidiary of Cox Communications, Inc.With the acquisition of these Trapollo assets, Validic rounds out its core capabilities to make personalized healthcare a practical reality for patients and clinicians. Validic's EHR-integrated healthcare app ingests remotely
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