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Digital Health | News, Analysis, Insights - HIT Consultant

77% of Healthcare Apps Contain Vulnerabilities, Report Reveals

by Syed Hamza Sohail 09/30/2022 Leave a Comment

Can Healthcare Withstand Hacking? Healthcare Apps Contain Vulnerabilities

What You Should Know: - Veracode recently unveiled key findings on the healthcare sector's cybersecurity efforts from its annual State of Software Security v12 report. The analysis of data from 20 million scans across half a million applications shows that healthcare is leading the way for fix rate of software security flaws, at 27%, which is higher than any other sectors, including financial services, retail, and government. - But there is still work to be done, as 77%
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Wellframe and Linkwell Health Launch Wellsquared to Close the Gap Between Health Plans and their Members

by Syed Hamza Sohail 09/29/2022 Leave a Comment

HealthEdge Acquires Wellframe to Enter Member Engagement Market

What You Should Know: - Wellframe and Linkwell Health have announced the launch of Wellsquared, a new product designed to deepen engagement with members and help health plans deliver the modern healthcare experience members expect. - Wellsquared is a partnership between Wellframe, the market leader in member experience solutions for health plans, and Linkwell Health, the premier consumer engagement technology and content company serving health plans and health services
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Grow Therapy Raises $75M to Expand Insurance Coverage for Mental Healthcare Nationwide

by Fred Pennic 09/29/2022 Leave a Comment

Grow Therapy Raises $75M to Expand Insurance Coverage for Mental Healthcare Nationwide

What You Should Know: - Behavioral health company, Grow Therapy secures $75 million in series B funding to expand insurance coverage including Medicare and Medicaid in all 50 states. - This round of funding was led by TCV, co-led by Transformation Capital, with support from existing backers SignalFire and SVB. Medicare/Medicaid Coverage Expansion Specifically, the areas that the company will focus on are: expanding commercial insurance and Medicare and Medicaid coverage (which are
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3M, Epicore Biosystems, Innovize Partner to Scale Sweat-Sensing Wearable Tech

by Syed Hamza Sohail 09/29/2022 Leave a Comment

Epicore & Denka Partner to Tackle Dehydration Crisis in Asia via Sweat-Sensing Wearable

What You Should Know: - Epicore Biosystems, a digital health company developing advanced sweat-sensing wearables to provide real-time personalized hydration insights for performance and safety, today announced a new collaboration with 3M’s Health Care Business, a manufacturer and distributor of medical products and solutions, and Innovize Inc. (Innovize), a custom medical device manufacturer. - Leveraging 3M’s leading skin-interfacing materials and Innovize’s manufacturing capabilities,
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Kahun Secures $8M for Clinical Reasoning Engine

by Syed Hamza Sohail 09/29/2022 Leave a Comment

Kahun Secures $8M for Clinical Reasoning Engine

What You Should Know: - Kahun, an evidence-based clinical reasoning tool for physicians, raises $8 million in a seed funding round led by LocalGlobe with the participation of  European Innovation Council (EIC) Fund as part of the EIC Accelerator program and The Founders Kitchen (TFK). - Kahun will leverage the funding to continue building the largest ever map of evidence-based medical knowledge powered by AI. The funds will be used to continue adding new sub-specialties beyond primary
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Qnovia Secures $17M to Advance Inhalable Therapeutics Pipeline

by Jasmine Pennic 09/28/2022 Leave a Comment

Qnovia Secures $17M to Advance Inhalable Therapeutics Pipeline

What You Should Know: - Qnovia (formerly Respira Technologies)—a pharma company developing inhaled therapeutics with an initial focus on nicotine replacement therapy (NRT) and cardiopulmonary diseases—has raised $17M in Series A funding led by Blue Ledge Capital and included DG Ventures, Evolution VC Partners, Gaingels, TL Capital, and Vice Ventures. - Qnovia will use the Series A proceeds to advance its NRT drug candidate through an IND submission with the FDA and begin human
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Rippl Launches with $35M to Transform Mental Health for Seniors

by Fred Pennic 09/28/2022 Leave a Comment

Rippl Launches with $35M to Transform Mental Healthcare for Seniors

What You Should Know: - Rippl, a new mental health startup focused on caring for seniors with dementia and other neurocognitive conditions, launched today with $32M in seed round funding led by ARCH Venture Partners and General Catalyst. The round also includes investment from GV, F-Prime Capital, and Mass General Brigham Ventures. - Rippl will use its seed funding to hire and train a team of clinicians, build technology, and open a Washington state-based clinical support center to launch
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BrightInsight Adds Xealth, Woebot Health and Claritas Rx to the BrightInsight Ecosystem

by Syed Hamza Sohail 09/28/2022 Leave a Comment

BrightInsight Adds Xealth, Woebot Health and Claritas Rx to the BrightInsight Ecosystem

- BrightInsight, Inc., a global platform for biopharma and medtech regulated digital health solutions, recently announced the expansion of its recently launched BrightInsight Ecosystem, a network of the world’s leading healthcare and technology companies collaborating to solve healthcare’s biggest challenges to drive digital innovation, adoption and engagement. - In addition, BrightInsight is proud to be a part of General Catalyst’s Health Assurance network—comprised of healthcare technology
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Rockley Photonics Develops Smaller, Powerful Chip for Health Wearables

by Syed Hamza Sohail 09/28/2022 Leave a Comment

Rockley Photonics Develops Smaller, Powerful Chip for Health Wearables

What You Should Know: - Rockley Photonics Holdings Limited, a global leader in photonics-based health monitoring and communications solutions, recently announced that it has developed what it believes to be the world’s first micro-transfer-printed (mTP) silicon-photonics-based laser for commercial applications. - This groundbreaking achievement is expected to allow Rockley to further increase the density and reduce the size of its high-density spectrophotometer chips — which are already
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New athenahealth Research Finds that Telehealth Fills Care Gaps

by Syed Hamza Sohail 09/28/2022 Leave a Comment

$17B athenahealth PE Firm Buyout Deal Near Closing - Health M&A

What You Should Know: - Increased usage of telehealth, driven by COVID-19, not only remains substantially above pre-pandemic levels but has also emerged as both a key diagnostic tool and treatment vehicle, according to new research from athenahealth. - The findings, announced today by athenahealth, a leading provider of network-enabled software and services for medical groups and health systems nationwide, suggest that telehealth is now integrated across the care continuum. The findings
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