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Digital Health | News, Analysis, Insights - HIT Consultant

Philips Appoints New CEO Amid Respiratory Device Recall

by Fred Pennic 08/16/2022 Leave a Comment

Philips Appoints New CEO Amid Respiratory Device Recall

What You Should Know: - Philips today announced that Roy Jakobs is proposed to succeed Frans van Houten as President and Chief Executive Officer, effective October 15, 2022. - The Supervisory Board and current Philips CEO Frans van Houten have agreed that with the end of his third term in sight, the time is right for the change in leadership. After a comprehensive evaluation of external and internal candidates, the Supervisory Board has unanimously decided to propose Roy Jakobs as the
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Maven Launches Menopause Care Product

by Jasmine Pennic 08/16/2022 Leave a Comment

Maven Launches Menopause Care Product

What You Should Know: - Maven Clinic, the world's largest virtual clinic for women's and family health, today announced that it has expanded its full-spectrum reproductive health platform to include a dedicated program for Menopause and Ongoing Care. Maven’s Menopause and Ongoing Care program, which already spans nearly 1 million lives across 40 employers, employers can now offer their employees a dedicated program that provides holistic and specialized support throughout every phase of
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Bicycle Health, Tele911 Partner to Bring OUD Care to Emergency Patients

by Fred Pennic 08/16/2022 Leave a Comment

Bicycle Health Secures $50M for Virtual Opioid Use Disorder Treatment

What You Should Know: - Bicycle Health, a provider of virtual opioid addiction treatment, and Tele911, a telemedicine company specializing in reducing medically unnecessary ambulance transports of stable 911 patients to hospital ERs, today announced a partnership to increase access to opioid use disorder care for patients in emergency situations. - The partnership between the two organizations will ensure that patients experiencing health crises stemming from or in addition to opioid use
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Naborforce Raises $9M to Connect Older Adults to On-Demand Support & Engagement

by Syed Hamza Sohail 08/15/2022 Leave a Comment

Aging Tech Startup Naborforce Closes $9M to Support Independent Living for Older Adults

What You Should Know: - Naborforce, a high-growth elder tech company that connects older adults to a network of trusted "Nabors" for on-demand support and social engagement, announced the closing of a $9 million Series A financing round led by Translink Capital. - Translink Capital, a global venture capital firm headquartered in Silicon Valley, is joined by  existing investors Claritas Capital The Artemis Fund, and TechStars. Naborforce will use the financing to further invest in its
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Connected Devices Selection: Considerations for A Digital-First Approach to Data Collection

by Mark Mentzer, Senior Director, Business Development, Connected Devices and eCOA, IQVIA 08/15/2022 Leave a Comment

Connected Devices Selection: Considerations for A Digital-First Approach to Data Collection

In recent years, digital health technologies (DHTs) have significantly changed the way we collect data within clinical trials. This is partially due to the overarching industry shift toward patient-centricity, but in some cases, it is also due to the commercial availability of powerful technology solutions not previously feasible for use in medical devices. In the past, nearly all patient data have traditionally been acquired by purpose-built machines manufactured by relatively small-scale
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Avenda Health Receives FDA Exemption for AI-Enabled Prostate Cancer Therapy

by Jasmine Pennic 08/12/2022 Leave a Comment

Avenda Health Receives FDA Exemption for AI-Enabled Prostate Cancer Therapy

What You Should Know: - Avenda Health, an AI healthcare company creating the future of prostate cancer care, has received FDA Investigational Device Exemption (IDE) for its FocalPoint ablation system. The IDE will allow the technology, powered by iQuest, to be used in a randomized control trial to show superiority over the standard of care for the treatment of prostate cancer.  - FocalPoint is Avenda Health’s focal laser ablation system designed to treat localized prostate cancer
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Ellipsis Health & Ceras Health Integrate to Bring Human Voice as a Biomarker for Mental Health

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

Ellipsis Health Secures $26M to Power AI-Powered Voice Biomarker for Mental Health

What You Should Know: - Ellipsis Health and Ceras Health today announced a partnership that will integrate Ellipsis Health's breakthrough technology that uses the human voice as a biomarker for mental health and wellbeing into Ceras' clinical monitoring platform. - This integration will combine Ellipsis Health's AI and deep learning technology with Ceras Health's clinical monitoring and health data analytics platform, enabling real-time severity scores for anxiety and depression to improve
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FundamentalVR Raises $20M for VR Surgical Simulation Platform

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

FundamentalVR Raises $20M for VR Surgical Simulation Platform

What You Should Know: - FundamentalVR has raised an additional $20M to significantly accelerate medical skill-transfer and increase surgical proficiency through its world-leading medical simulation platform, Fundamental Surgery. - The funding was led by EQT Life Sciences investing from the LSP Health Economics Fund 2 and joined by prior investors Downing Ventures. The new investments follow a Series A round in October 2019 and bring the
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H1 Launches AI-Powered and Evidence-Based Interactions

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

H1 Launches AI-Powered and Evidence-Based Interactions

What You Should Know: - H1, launches an update to its flagship product, HCP Universe, the daily resource for global medical affairs and medical science liaison (MSL) teams. - New features include a mobile app, Next-gen Smart Search capabilities built on an expansive knowledge graph, out-of-the-box insights tailored to inform MSL and Headquarter decisioning, and AI-powered notifications to improve and accelerate quality HCP engagement.  Establishing AI-Driven Efficient Workflows H1 is
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Abridge Secures $12.5M to Power AI-Powered Medical Conversations

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

Abridge Secures $12.5M to Power AI-Powered Medical Conversations

What You Should Know: - Abridge, the leader in medical conversation artificial intelligence (AI), today announced an oversubscribed $12.5M Series A-1 led by Wittington Ventures. - The round also had participation from all existing investors including Union Square Ventures, Bessemer Venture Partners, Pillar Venture Capital, and UPMC Enterprises, and new investors including Turing Award winner Yoshua Bengio, and Whistler Capital. Automated Solutions to Combat Physician
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