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Digital Health | News, Analysis, Insights - HIT Consultant

Faro Health Secures $20M to Streamline Smart Clinical Trials

by Fred Pennic 02/08/2023 Leave a Comment

Faro Health Secures $20M to Streamline Smart Clinical Trials

What You Should Know: - Faro Health, a cloud-computing company that is developing digital infrastructure for smart clinical trials raises $20M in Series A funding led by General Catalyst to help scale the digital transformation of clinical trials––essentially making it easier and quicker for drug developers to greatly reduce the cost and time of trials. - The round also included participation from previous investors Section 32, Polaris Partners, Zetta Ventures, and Northpond Ventures.
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Southern Illinois Healthcare Selects Xealth to Digitally Engage Patients

by Jasmine Pennic 02/08/2023 Leave a Comment

Digital Prescribing Platform Xealth Raises $11M to Expand Digital Health Tools

What You Should Know: - Today, Southern Illinois Healthcare (SIH) announced that it’s using Xealth’s digital health platform system-wide to automate digital programs, starting with smoking cessation. SIH plans to add additional digital health programs to deliver operational efficiencies while enhancing the patient experience. - The Xealth digital health platform is designed to help clinicians integrate, prescribe and monitor digital health tools for patients from one
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Why Researchers Should Explore New Apps of Machine Learning

by Michael Munsell, Director of Research at Panalgo 02/08/2023 Leave a Comment

Why Researchers Should Explore New Apps of Machine Learning

As the amount of real-world data (RWD) in the pharmaceutical industry continues to grow, so does the usage of machine learning (ML) to analyze that data and gain insights. In fact, in a recent survey, 95% of life sciences executives said they expect to utilize ML in the next few years to generate real-world evidence (RWE) from this data.  With such a large and growing volume of data available, researchers may be wondering how they can take advantage of all of it to enhance and expand the
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Memora Health & Virtua Health Partner to Streamline Patient Experience

by Fred Pennic 02/07/2023 Leave a Comment

Memora Health & Virtua Health Partner to Streamline Patient Experience

What You Should Know: - Memora Health, an intelligent platform for virtual care delivery and complex care management partners with Virtua Health, the largest health system in South Jersey, to streamline care delivery and improve the patient experience. - The partnership will leverage Memora’s clinical intelligence platform across specialties to automate clinicians’ routine care tasks and streamline care management operations with the goal of removing unnecessary barriers and making it
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TytoCare and Overlake Partner to Expand Virtual Care Offerings

by Jasmine Pennic 02/07/2023 Leave a Comment

TytoCare and Overlake Partner to Expand Virtual Care Offerings

What You Should Know: - Virtual care company TytoCare has partnered with Overlake Medical Center & Clinics, a nonprofit regional medical center offering a full range of advanced medical services to the Puget Sound region, to enhance their virtual care offerings. - Overlake Clinics is introducing the TytoHome device into its Concierge Care medical service to enhance the care providers’ ability to diagnose and treat patients with comprehensive physical exams during virtual visits. -
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Blue Shield of California, Virta Health Partners to Reverse Type 2 Diabetes in California

by Jasmine Pennic 02/07/2023 Leave a Comment

Blue Shield of California, Virta Health Partners to Reverse Type 2 Diabetes in California

What You Should Know: - Blue Shield of California has expanded its partnership with Virta Health to help reverse the human and financial impact of type 2 diabetes in the state.  - The partnership marks Blue Shield as the first health plan in California to implement a digital diabetes reversal solution across multiple lines of business. Blue Shield is first health plan in California to implement digital diabetes reversal solution across multiple lines of business. As part of Blue
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KLAS Report Reveals Key Challenges from Provider Organizations

by Syed Hamza Sohail 02/07/2023 Leave a Comment

Digital Health Investment Symposium Reveals Key Challenges from Provider Organizations

What You Should Know: - In September 2022, KLAS hosted the sixth annual Digital Health Investment Symposium (DHIS). Executives from healthcare provider organizations, HIT companies, investors, and innovators came together to collaborate on important developments in healthcare technology. - Drawing on insights from a pre-summit survey as well as insights shared at the summit in small-group discussions, KLAS published a white paper highlighting core challenges identified by summit
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5 Key Trends in Women’s Health Technology for 2023 to Watch

by Sylvia Kang, co-founder and CEO of Mira 02/07/2023 Leave a Comment

key trends in women’s health technology for 2023

Women's healthcare faces an uphill battle after centuries of being ignored. Yet, ironically enough, women currently share half of the consumerism market, hold power over 80% of household financial decisions, and make 70% of healthcare-related choices in their families. Despite this, their access to proper healthcare often comes up short. But with the market for women's healthcare predicted to be worth over $47 billion, changes are starting to occur. And with the recent attacks and laws on
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ShiftMed Raises $200M to Expand Nurse Staffing Marketplace

by Fred Pennic 02/06/2023 Leave a Comment

ShiftMed Raises $200M to Expand Digital Healthcare Labor Marketplace

What You Should Know: - Today ShiftMed, one of the largest W-2 healthcare workforce management platforms, announced $200M in funding led by Panoramic Ventures with participation from Blue Heron Capital and Audacious Capital.  - ShiftMed plans to use the latest round of funding to help solve healthcare workforce issues across a variety of care settings, with an emphasis on expanding into health systems.  Flexible Solution for Staffing Shortage Historically, traditional
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Simple HealthKit Raises $8M to Transform Health Diagnostics and Follow-Up Care

by Fred Pennic 02/06/2023 Leave a Comment

Simple HealthKit Raises $8M to Transform Health Diagnostics and Follow-Up Care

What You Should Know: - Simple HealthKit raises $8M in Series A funding led by Initialized Capital to address health inequity with the first human-centric, end-to-end healthcare platform that builds and delivers diagnostics, treatment and follow-up care for all - The Series A round also included participation from seed investors Kleiner Perkins, Kapor Capital and Quest Venture Partners, bringing Simple HealthKit’s total funding to date to $12M. End-to-End Diagnostics and Digital Health
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PHTI Report: Virtual OUD Solutions are Effective, But Don't Substantially Reduce Costs

PHTI Report: Virtual OUD Solutions are Effective, But Don’t Substantially Reduce Costs

Bayer Exits Radiology AI Market, Discontinuing Calantic and Blackford

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Oracle Health Launches AI Center of Excellence for Healthcare

Particle Health Addresses Integration to Epic Data Despite Dispute

US Court Allows Particle’s Antitrust Claims Against Epic to Proceed

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