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Digital Health | News, Analysis, Insights - HIT Consultant

Sibel Health Raises $33M for Advanced Wearable Sensors for RPM

by Syed Hamza Sohail 08/09/2022 Leave a Comment

What You Should Know: - Sibel Health has recently closed a $33M Series B financing round, bringing Sibel's total funding to date to more than $50M. - In addition, Sibel has announced two new executive appointments. Jon Otterstatter, the former CEO and co-founder of Preventice (acquired by Boston Scientific in 2021), will join as chairman of the board. Matthew Banet, Ph.D., a world expert in advanced body-worn sensors and previously the CTO and co-founder of toSense and Sotera, joins as
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CVS Health in Talks to Acquire Signify Health

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

Signify Health Shares Soar More Than 33% in IPO, Valuing Company at Over $7.12B

What You Should Know: - Signify Health is exploring strategic alternatives including a sale, according to a Wall Street Journal report. Initial bids are due this coming week. Additional companies are also in acquisition discussions with Signfiy Health, and CVS could face competition from other managed-care providers and private-equity firms. - The potential Signify acquisition has a market value of around $4.7 B after its shares rose on the news of a potential sale. Leveraging
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Telehealth Utilization Grew 10.2% Nationally in May 2022

by Fred Pennic 08/08/2022 Leave a Comment

Telehealth Utilization Grew 10.2 Percent Nationally in May 2022

What You Should Know: - In May 2022, for the second straight month, telehealth utilization, as measured by telehealth's share of all medical claim lines, grew nationally and in every US census region (Midwest, Northeast, South, West), according to FAIR Health's Monthly Telehealth Regional Tracker. - FAIR Health reports national telehealth utilization increased 10.2 percent, from 4.9 percent of medical claim lines in April to 5.4 percent in May. Regionally, the greatest increase
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Diagnostic Robotics Raises $45M for Medical-Grade AI Triage & Clinical Predictions Platform

by Syed Hamza Sohail 08/05/2022 Leave a Comment

Diagnostic Robotics Raises $45M for Medical-Grade AI Triage & Clinical Predictions Platform

What You Should Know: - Diagnostic Robotics has announced the closing of a $45M Series B funding round led by StageOne investors, with participation from Mayo Clinic, thus becoming a Mayo Clinic Platform portfolio company. Technion – Israel Institute of Technology, as well as other existing investors such as strategic angel investor Bradley Bloom, co-founder of Berkshire Partners, participated in this funding round as well. - The new funding will be used to accelerate product development,
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Stanford Medicine Taps Komodo Health Platform to Study COVID-19 Ripple Effects

by Fred Pennic 08/04/2022 Leave a Comment

Stanford Medicine Taps Komodo Health Platform to Study COVID-19 Ripple Effects

What You Should Know: - Today, Komodo Health announced that its platform will be used in studies led by Stanford Medicine focused on the short- and long-term health impacts of COVID-19.  - Stanford’s Center for Population Health Sciences will use Komodo Health’s platform, AI analytics tools, and de-identified patient data to study the real-world effects of the pandemic on health outcomes among different patient populations. Initial research will include analyses of disparities in
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Tribun Health, Mindpeak Partner on AI Diagnostic Tool for Breast Cancer for Pathologists

by Syed Hamza Sohail 08/04/2022 Leave a Comment

Tribun Health, Mindpeak Partner on AI Diagnostic Tool for Breast Cancer for Pathologists

What You Should Know: - Tribun Health, the European leader in software development for digital pathology, is pleased to announce a strategic partnership with Mindpeak, a global leader for pathology artificial intelligence (AI) software with world-class industry experts in the development of AI algorithms to provide precision and speed in clinical pathology. - Together, Tribun Health and Mindpeak help pathologists analyze whole-slide-images (WSI) of immunohistochemically (IHC) stained human
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Homeward Raises $50M, Inks Value-Based Contract with Priority Health

by Syed Hamza Sohail 08/04/2022 Leave a Comment

Homeward Raises $50M, Inks Value-Based Contract with Priority Health

What You Should Know: - Homeward raises $50M Series B funding round co-led by ARCH Venture Partners and Human Capital. - The funding round also includes participation from General Catalyst, which led Homeward’s Series A funding, and Lee Shapiro and Glen Tullman, Co-Founders of 7wireVentures, one of the country’s most successful early-stage healthcare venture funds. Value-Based and Comprehensive Care Americans living in rural communities are experiencing increasing health disparities
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Samsung & NuEyes To Deliver Smart Glasses Augmented Reality Healthcare Solutions

by Syed Hamza Sohail 08/04/2022 Leave a Comment

Samsung & NuEyes To Deliver Smart Glasses Augmented Reality Healthcare Solutions


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KLAS Report: State of Virtual Visit Technology in the Middle East

by Syed Hamza Sohail 08/03/2022 Leave a Comment

KLAS Report: State of Virtual Visit Technology in the Middle East

What You Should Know: - The latest KLAS report examines how non-EMR-affiliated virtual visit solutions in the Middle East differ across key metrics (including product usability, implementation and training, and vendor partnership) and also summarizes common EMR vendors and their approaches to virtual visits. - KLAS reports high satisfaction with their virtual visit technology (either virtual care or video conferencing platforms), though specifics of the customer experience do vary across
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New COVID-19 Analytics Dashboards Tracks Levels of Protection Against the Virus at the County Level

by Jasmine Pennic 08/03/2022 Leave a Comment

PCCI Launches National COVID-19 Analytics Community Protection Dashboard

What You Should Know: - Data on COVID-19’s ever-changing behavior and its potential impact at the county level is now available with the release of the national Covid-19 Community Protection Dashboard.  - The dashboard, available at: https://www.civitasforhealth.org/community-protection-dashboard/; offers an aggregate Community Protection Index (CPI) for nearly all of the counties in the U.S. in the form of a score that combines multiple factors. These factors include the percent of the
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