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Digital Health | News, Analysis, Insights - HIT Consultant

Vori Health Secures $53M for Value-Based Musculoskeletal Care

by Syed Hamza Sohail 03/13/2025 Leave a Comment

Vori Health Secures $53M for Value-Based Musculoskeletal Care

What You Should Know: -  Vori Health, the nation's pioneering physician-led solution for musculoskeletal care, is making waves in the healthcare industry and just announced a $53 million Series B funding round. -  Led by NEA and with continued support from AlleyCorp, Intermountain Health's Intermountain Ventures, Echo Health Ventures, and Max Ventures, this heavily oversubscribed round is a testament to Vori Health's rapid growth and innovative care model. In just 18 months, the company
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AI Accelerates Cancer Research: ACS Partners with Layer Health for LLM Data Extraction

by Jasmine Pennic 03/13/2025 Leave a Comment

American Cancer Society and Yosemite Award $6M in Research Grants to Innovative Cancer Scientists

What You Should Know:  - The American Cancer Society (ACS) and Layer Health, an innovator in AI-driven healthcare technology, have announced a multi-year collaboration aimed at accelerating cancer research. This partnership will leverage large language models (LLMs) to streamline the extraction of vital clinical data from patient medical records. - This collaboration builds upon a successful pilot program that focused on breast cancer patients. The pilot demonstrated the platform's
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GeneDx Launches Multiscore: AI-Powered Tool for Genetic Analysis

by Fred Pennic 03/13/2025 Leave a Comment

GeneDx Launches AI Tool to Fuel Rare Disease Drug Discovery

What You Should Know:  - GeneDx, a leader in delivering improved health outcomes through genomic insights launches Multiscore, an advanced AI-powered decision support tool.  - Multiscore is designed to revolutionize genetic analysis by improving diagnostic efficiency, streamlining workflows, and enhancing clinical insights. Advanced Decision Support System Enhances Diagnostic Efficiency  Embedded into GeneDx’s interpretation platform, Multiscore acts as a decision
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Tempus Acquires Precision Research Platform Deep 6 AI

by Syed Hamza Sohail 03/13/2025 Leave a Comment

Tempus Acquires Precision Research Platform Deep 6 AI

What You Should Know: - Tempus AI, Inc. (NASDAQ: TEM), a technology company leading the adoption of AI to advance precision medicine and patient care, today announced it has acquired Deep 6 AI, a leading AI-powered precision research platform for healthcare organizations and life sciences companies. - Deep 6 AI enables healthcare organizations to de-risk clinical trials, accelerate recruitment, and generate real-world evidence (RWE) with speed and precision. Its AI-powered software matches
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moveUP.care Acquires Deep Structure: Expanding AI-Driven Orthopedic Care

by Syed Hamza Sohail 03/13/2025 Leave a Comment

moveUP.care Acquires Deep Structure: Expanding AI-Driven Orthopedic Care

What You Should Know: -moveUP.care, the Belgian and US-based leader in digital orthopedics acquires Deep Structure, a US-based digital health company revolutionizing orthopedic care delivery through AI-driven surgery planning and rehabilitation. -This strategic move allows moveUP to integrate Deep Structure's cutting-edge technology and outstanding team to drive greater efficiency in orthopedic practices across the US. It also means that all of moveUP's customers will soon benefit from
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Motivity Secures $27M to Advance AI-Driven ABA Therapy Solutions

by Fred Pennic 03/12/2025 Leave a Comment

Motivity Secures $27M to Advance AI-Driven ABA Therapy Solutions

What You Should Know:  - Motivity, a provider of clinical SaaS solutions for Applied Behavior Analysis (ABA) providers serving children with autism secures a $27M investment from Five Elms Capital, a prominent software investment firm.  - The funding will accelerate Motivity's product innovation, expand its team, and enhance support for ABA providers worldwide. Global Reach and Strategic Partnership Today, Motivity serves over 550 organizations across seven countries,
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CoachCare Acquires VitalTech, Expanding RPM and Virtual Care Capabilities

by Fred Pennic 03/12/2025 Leave a Comment

CoachCare Acquires VitalTech, Expanding RPM and Virtual Care Capabilities

What You Should Know:  - CoachCare, a provider of remote patient monitoring (RPM) and care management platforms has acquired VitalTech, a provider of comprehensive enterprise solutions across the care continuum.  - The strategic acquisition, advised by Hyde Park Capital, represents CoachCare's eighth acquisition since 2023 and significantly enhances its virtual care capabilities. VitalTech Background VitalTech, founded in 2019, brings unique software and AI expertise to
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elea Raises $4.3M AI-Powered Pathology Operating System

by Jasmine Pennic 03/12/2025 Leave a Comment

elea Raises $4.3M AI-Powered Pathology Operating System

What You Should Know:  - elea, an innovative AI platform designed to supercharge healthcare professionals' ability to deliver life-saving diagnoses and care, has announced a $4.3M (€4M)funding round led by Fly Ventures and Giant Ventures.  - The company has also secured a milestone partnership with one of Germany's largest and most critical Medizinische Versorgungszentrum (MVZ) hospital groups. Addressing the Healthcare Crisis with AI elea was founded to address the growing
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PatchMD Introduces New GLP-1 Support Patches for Individuals on Weight Loss Medications

by Jasmine Pennic 03/12/2025 Leave a Comment

PatchMD Introduces New GLP-1 Support Patches for Individuals on Weight Loss Medications

What You Should Know:  - PatchMD, a pioneer in transdermal nutrient delivery, has unveiled its new GLP-1 Support Patch Collection, designed to provide essential support for individuals using GLP-1 receptor agonist medications such as Ozempic, Wegovy, and Mounjaro for weight management.  - GLP-1 receptor agonists have revolutionized medical weight loss, but they often come with side effects like nausea and appetite suppression, and can lead to nutrient deficiencies.  Why
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ReferWell Appoints Kevin Healy as New CEO to Drive Growth

by Healthcare Executive Hires 03/12/2025 Leave a Comment

ReferWell Appoints Kevin Healy as New CEO to Drive Growth

What You Should Know:  - ReferWell, a digital healthcare company specializing in navigating care access, has announced the appointment of Kevin Healy as its new Chief Executive Officer, effective April 1, 2025.  - In 2025, ReferWell aims to identify new opportunities to leverage its care scheduling platform and care concierge service to break down barriers to care. The company is committed to connecting data and empathy to positively impact patient health outcomes and drive
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