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Digital Health | News, Analysis, Insights - HIT Consultant

BioIntelliSense and Medically Home Partner to Enhance High Acuity Hospital Care at Home

by HITC Staff 11/10/2022 Leave a Comment

BioIntelliSense and Medically Home Partner to Enhance High Acuity Hospital Care at Home

What You Should Know: - BioIntelliSense, Inc., a continuous health monitoring and clinical intelligence company, today announced it has entered into a strategic partnership with Medically Home Group, Inc., a technology-enabled services company that is at the forefront of the movement to decentralize care for serious or complex illnesses. - The collaboration further expands the availability of continuous biometric data and insights to physicians and nurses caring for patients in the
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ConcertAI CEO Talks COVID-19  & The De-Risking of Technology to Keep Trials Moving

by Fred Pennic 11/09/2022 Leave a Comment

ConcertAI CEO Talks COVID-19 & The De-Risking of Technology to Keep Trials Moving

Nothing like it had ever happened before – a global slowdown in new study starts and a massive decrease in trial accruals for open studies. The turn of events was a shock for sponsors and providers. Sudden disruptions on that scale rarely hit multiple players in an ecosystem at the same time. But that’s exactly what happened at the intersection of clinical care and clinical development during the pandemic. Researchers and clinicians were forced to change how they operated trials, and
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Fathom Secures $46M for AI Medical Coding Automation Platform

by Fred Pennic 11/09/2022 Leave a Comment

Fathom Receives Strategic Investment for Medical Coding Automation Platform

What You Should Know: - Fathom, an AI-powered medical coding automation platform raises $46M in Series B funding co-led by Alkeon Capital and Lightspeed Venture Partners with participation from Vituity’s Inflect Health, Cedars-Sinai, ApolloMD, Jonathan Bush, and other healthcare executives. - The company plans to use the funding to advance the standard in automated medical coding in response to critical challenges facing providers. The Series B round brings Fathom’s total funding to
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Salesforce Unveils Patient 360 for Health innovations to Improve Patient Outcomes

by Jasmine Pennic 11/09/2022 Leave a Comment

Salesforce Unveils Patient 360 for Health innovations to Improve Patient Outcomes

What You Should Know: - Today, Salesforce announced a new Patient 360 for Health innovations providing cost-saving automation, real-time data, and personalized intelligence for healthcare and life sciences organizations to deliver comprehensive patient engagement and equitable care with greater efficiency.- According to Salesforce’s 2022 Success Metrics Global Highlights study, healthcare and life sciences organizations using Salesforce are seeing an average of 25%* savings on operational
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TytoCare Launches the Home Smart Clinic, the First Remote Primary Care Offering for the Entire Family

by Syed Hamza Sohail 11/09/2022 Leave a Comment

TytoCare Launches the Home Smart Clinic, the First Remote Primary Care Offering for the Entire Family

What You Should Know: - TytoCare, a virtual care company enabling accessible, high-quality primary care from home, today announced the launch of the Home Smart Clinic, a multi-pronged offering delivering health plans and providers a comprehensive range of elements required to launch a truly successful virtual care program without compromises. - The Home Smart Clinic is proven to reduce the total cost of care (TCC) for health plans by 10% on average, to deliver 59% more accurate diagnoses
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Rock Health Reveals 4 2022 Digital Health M&A Trends to Watch

by Syed Hamza Sohail 11/08/2022 Leave a Comment

Rock Health Reveals 4 2022 Digital Health M&A Trends

What You Should Know: - The choppy waters of this year’s market have forced a significant slowdown in digital health investment, but buyers and builders alike are seizing the moment to consider mergers and acquisitions (M&A) as strategic opportunities. - In their latest report, Rock Health explores the sell-side and buy-side dynamics that are making conditions ripe for M&A activity and dig into four M&A approaches being pursued by acquirers in this market moment. Key
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PointClickCare & Pfizer Launches Real World Data Collaboration

by Jasmine Pennic 11/08/2022 Leave a Comment

PointClickCare & Pfizer Launches Real World Data Collaboration

What You Should Know: - PointClickCare announced a collaboration with Pfizer Inc. to provide real-world insights for vulnerable populations at high risk of age-related disorders (including Cachexia) – further enhancing PCC’s mission to protect and support the senior population. - With coverage approaching 70% of the long-term and post-acute care (LTPAC) market, PointClickCare is uniquely positioned to provide life sciences companies, like Pfizer, with outcomes-based evidence through
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a16z Bio+ Health Partners with Bassett Health to Bring Digital Health Solutions to Rural New York

by Fred Pennic 11/07/2022 Leave a Comment

a16z Bio+ Health Partners with Bassett Health to Bring Digital Health Solutions to Rural New York

What You Should Know: - Andreessen Horowitz (a16z) Bio + Health fund today announced a strategic partnership with Bassett Healthcare Network, an integrated healthcare system in central New York state. - The strategic partnership aims to leverage digital healthcare technologies from a16z’s portfolio companies to address the inequities and systemic challenges of delivering high-quality healthcare to rural patient populations through Bassett Healthcare Network. Leveraging Digital Health to
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Willingness to Use Video Telehealth Increased During Pandemic, Study Finds

by Syed Hamza Sohail 11/07/2022 Leave a Comment

Willingness to Use Video Telehealth Increased During Pandemic, Study Finds

What You Should Know: - Americans’ use and willingness to use video telehealth has increased since the beginning of the COVID-19 pandemic, rising most sharply among Black Americans and people with less education, according to a new RAND Corporation study. - Following a representative survey panel of Americans from March 2019 through March 2021, researchers found that the willingness to use video telehealth increased overall from 51% in February 2019 to 62% in March 2021. Rising
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Hemanext Raises $18M to Expand Blood Storage and & Transfusion Tech

by Jasmine Pennic 11/07/2022 Leave a Comment

Hemanext Raises $18M to Expand Blood Storage and & Transfusion Tech

What You Should Know: Hemanext, a Lexington, MA-based blood processing, storage, and transfusion technology company raises $18M in Series B funding from noted global private investors with deep finance and healthcare expertise. To date, the company has raised approximately $130M (inclusive of $8M in grant funding from the National Institutes of Health). RBC Processing and Storage System The company's research and development efforts center on the study of hypoxically stored red blood
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