US hospital systems validate the safety, clinical utility, and robustness of newly FDA-approved devices, 510(k) cleared, before adopting them into clinical practice. This work occurs alongside evaluating how to integrate the medical device into the hospital system’s diagnostic paradigms, including in relation to quality improvement programs. Companies can have a role but there are 415 US hospital systems (comprising ~5,000 hospitals), and each has a bespoke process and ever-changing set of
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Digital Health | News, Analysis, Insights - HIT Consultant
Headway Expands to California for In-Network Mental Healthcare
What You Should Know:
- Headway, a tech-enabled company that has built the easiest way for people to get quality in-network mental health care, announced it is available in California.
- Headway patients can attend a virtual or in-person appointment in as little as 48 hours, and on average patients attend their first appointment less than 6 days after online booking; this is compared to the national average of two to three weeks, if not months.
Mental Health Crisis in
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Bain Capital PE Makes Strategic Investment in CitiusTech
What You Should Know:
- CitiusTech, a leading provider of technology and consulting services to healthcare and life sciences companies, today announced a strategic growth investment from Bain Capital Private Equity (“Bain Capital”).
- Bain Capital joins Baring Private Equity Asia (“BPEA”), which acquired a majority stake in CitiusTech in 2019, as a significant shareholder to accelerate the Company’s growth. Financial terms of the private transaction were not disclosed.
Technology-Driven
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Mayo Clinic Proceedings Launches Expansion Journal Focused on Digital Health
What You Should Know:
- Mayo Clinic will launch a new Mayo Clinic Proceedings expansion journal on digital health, with the first issue to be published in early 2023. Articles will be published ahead of issue as they are accepted.
- The journal, Mayo Clinic Proceedings: Digital Health, will focus on the digital transformation that is reshaping healthcare. It will join Mayo Clinic Proceedings: Innovations, Quality & Outcomes, an open-access journal edited by Taimur
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Prenuvo Raises $70M for Whole Body MRI Scans
What You Should Know:
- Prenuvo, an Redwood City, CA-based advanced, radiation-free whole body imaging for early detection of cancer and other diseases raises $70M in Series A equity and debt funding led by Felicis, with participation from existing investors including Tony Fadell, NYT bestseller author and founder of Nest; Dr. Timothy A. Springer, Lasker award recipient; Anne Wojcicki, CEO of 23&Me; Steel Perlot, with Eric Schmidt as chairman; entrepreneur Rande Gerber; and wellness
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BioIntelliSense Acquires Patient Monitoring Company AlertWatch
What You Should Know:
- BioIntelliSense, Inc. acquires AlertWatch, an FDA-cleared, clinically proven patient monitoring solution. AlertWatch uniquely provides robust integration, data analysis and a patented intuitive display of contextual patient data for more efficient, actionable clinical decisions.
- As part of the recently announced strategic partnership with Medtronic, its Patient Monitoring business will distribute AlertWatch to hospitals throughout the U.S.
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Viome Raises $67M to Expand Microbiome & At-Home Test Kits
What You Should Know:
- Viome Life Sciences, a mission-driven digital health company, announced additional $67M in funding toward its Series C round.
- Led by Bold Capital Group, the $67M raise brings the company’s total funding to over $150M and will be used to support the development of its at-home tests that leverage precision nutrition to improve health and increase longevity by addressing the epidemic of chronic diseases, cancers, and aging.
- Viome will expand its proprietary mRNA
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EngagedMD Raises $11MM for Modern Fertility Treatment
What You Should Know:
- EngagedMD, Inc., a global technology company serving both clinics and patients in the fertility space raises $11M led by MonCap.
- As part of the investment, EngagedMD welcomes Jonathan Sockol, Managing Partner of MonCap, to the Company's Board.
Modern Fertility Treatment
EngagedMD offers the leading eLearn and eSign solutions for the fast-growing fertility sector, supporting the journeys of more than half of all fertility patients in the
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Deloitte Report: State of AI & Adoption in Healthcare
What You Should Know:
- To provide valuable industry insight, Deloitte has released its State of AI 5th edition research report, which surveys global business leaders and executives on how businesses and industries are deploying and scaling AI.
- The report includes valuable insights into the healthcare sector’s current successes in deploying AI, including where companies are working to enhance processes around a patient’s journey.
Fuelling the AI Transformation: Four Key Actions
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SURGE Therapeutics Raises $26M to Accelerate Intraoperative Immunotherapy
What You Should Know:
- SURGE Therapeutics (SURGE) recently announced the completion of a $26 million Series A financing led by Camford Capital, with participation from Khosla Ventures, Intuitive Ventures, Pitango HealthTech, 8VC, Alumni Ventures, and the Cancer Research Institute.
- The funds will be used to accelerate the development of the SURGE™ intraoperative immunotherapy approach, expand the team, and initiate clinical trials for its injectable biodegradable hydrogel.
Using
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