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Digital Health | News, Analysis, Insights - HIT Consultant

Ensuring Healthcare AI/ML Models Aren’t “Failed Science Fair Projects”

by Andrew Eye, CEO & Founder of ClosedLoop.ai 07/18/2023 Leave a Comment

Ensuring Healthcare AI/ML Models Aren’t “Failed Science Fair Projects”

Artificial Intelligence has become a board-level priority, dominating healthcare technology conversations. However, despite widespread interest in the technology, the healthcare industry is still lagging when it comes to deploying and maintaining successful AI and machine learning (ML) models.  According to a survey by the Society of Actuaries, 93% of healthcare organizations (HCOs) believe leveraging predictive analytics is key to the future of their business, but a staggering
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UK Startup OrganOx Secures $32.6M for Liver Transplantation Device

by Fred Pennic 07/17/2023 Leave a Comment

UK Startup OrganOx Secures $32.6M for Liver Transplantation Device

What You Should Know:  - OrganOx, a United Kingdom-based medical technology company committed to making every donated organ count with metra®, a fully automated normothermic machine perfusion (NMP) device for liver transplantation raises £25M ($32.6M USD) in a growth round led by Lauxera Capital Partners (“Lauxera”) with support from existing investors. - The proceeds from the funding will enable OrganOx to significantly expand its commercial footprint across strategically key areas
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FemTech: Herself Health Raises $26M To Power Primary Care for Women 65+

by Jasmine Pennic 07/17/2023 Leave a Comment

FemTech: Herself Health Raises $26M To Power Primary Care for Women 65+

What You Should Know:  - Herself Health, a New York City-based healthcare company providing comprehensive primary care to women 65+raises $26M in Series A fuding led by Michael Cline of Accretive serving as the lead investor. The company has raised $33 million to date. Juxtapose also participated in the Series A. - Founded in 2022, Herself Health provides value-based care to women 65+ with a focus on helping women feel seen and heard as they age in a way that the current healthcare
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Chatbot Care Managers? ACOs Should Be Cautious in AI Adoption

by Theresa Hush, CEO and Co-founder of Roji Health Intelligence 07/14/2023 Leave a Comment

Chatbot Care Managers? ACOs Should be Cautious in AI Adoption

Given Artificial Intelligence’s potential to improve patient care and reduce costs, it’s no surprise that AI applications are gaining momentum in health care. As your organization explores the benefits of AI in your journey towards Value-Based Care, however, you need to carefully assess the implications, for better and worse. Evaluating AI implications can be tricky. Healthcare AI varies widely, with clinical technology paving the way for advancements in diagnostics and treatment. But
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Israel Innovation Authority to Invest $31M to Establish R&D Infrastructure Center for Bio-Chips-Based Bio-Devices

by Fred Pennic 07/12/2023 Leave a Comment

Israel Innovation Authority to Invest $31M to Establish R&D Infrastructure Center for Bio-Chips-Based Bio-Devices

What You Should Know:  The Israel Innovation Authority announced today a NIS 113M ($31M USD) investment for the establishment of a center that will provide research and development (R&D) infrastructure for bio-devices based on bio-chips. The investment is part of the National Bio-Convergence Program.Bio-convergence represents the integration of biology and life sciences with engineering and software technologies. The investment is directed at companies dedicated to developing key
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Affect Therapeutics Secures $16M to Expand App for Drug and Alcohol Addiction

by Fred Pennic 07/12/2023 Leave a Comment

Affect Therapeutics Secures $16M to Expand App for Drug and Alcohol Addiction

What You Should Know:  Today, Affect Therapeutics - a McLean, VA-based company reimagining alcohol and drug addiction treatment with smartphone apps that put an integrated treatment program into the pocket of its members raises $16M in Series A funding led by ARTIS Ventures. The funding also included additional participation from previous investors AlleyCorp and CityLight, as well as new investments from LifeArc Ventures, Samsung Next, and What If Ventures. Founded in 2020, Affect
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Fold Health Lands $6M for Optimization Platform for VBC Primary Care

by Fred Pennic 07/12/2023 Leave a Comment

Fold Health Lands $6M for Optimization Platform for VBC Primary Care

What You Should Know:  - Fold Health,a San Francisco, CA-based platform supporting value-based primary care raises $6M in funding from Iron Pillar and global angel investors.  - Fold partners with leading value-based primary care groups, ACOs, health systems, health plans and digital health companies, to 10x the reach and effectiveness of collaborative care teams in their mission to radically improve outcomes. Supercharge Primary Care Despite the rapid shift to value-based
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Prenosis Awarded $4.8M in NIH Grants to Enable Precision Medicine for Sepsis

by Jasmine Pennic 07/12/2023 Leave a Comment

Prenosis Awards $4.8M in NIH Grants to Enable Precision Medicine for Sepsis

What You Should Know:  Prenosis, Inc., a Chicago, IL-based AI company enabling precision medicine in acute care, announced today that it has been awarded two Phase 2 SBIR grants totaling $4.8M in funding by the National Institute of General Medical Sciences (NIGMS), a division of the National Institute of Health (NIH). The grants will study the use of Prenosis's Immunix™ Artificial Intelligence platform for acute immune states. Prenosis has built a collection of artificial
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Digital Health Apps Can Legally Sell Your Health Data

by Syed Hamza Sohail 07/12/2023 Leave a Comment

Digital Health Apps Can Legally Sell Your Health Data

What You Should Know: ClearDATA®, the first and most comprehensive provider of healthcare-specific managed cloud, compliance and defense services, recently announced the results of its Digital Health and Data Privacy Survey.The survey, conducted online by The Harris Poll on behalf of ClearDATA, polled over 2,000 U.S. adults aged 18 and older, revealing the relationship Americans have with digital health services, including their digital care preferences and how concerned they are about health
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French FemTech Startup Sonio Raises $14M for Augmented Prenatal Ultrasounds

by Syed Hamza Sohail 07/11/2023 Leave a Comment

French FemTech Startup Sonio Raises $14M for Augmented Prenatal Ultrasounds

What You Should Know: Sonio, a French medtech specializing in pregnant people and children's health raises $14M following the initial commitment of the EIC Fund (European Innovation Council) last December. This round is led by Cross Border Impact Ventures, a North American impact fund dedicated to the health of women and children, and the Elaia funds, French Tech Seed managed on behalf of the State by Bpifrance in the framework of France 2030, OneRagtime, as well as business angels very
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