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Digital Health | News, Analysis, Insights - HIT Consultant

Backed by $5M Grant, Butterfly Network Deploys 500 Devices to Healthcare Workers in Kenya

by Fred Pennic 09/22/2022 Leave a Comment

Backed by $5M Grant, Butterfly Network Deploys 500 Devices to Healthcare Workers in Kenya

What You Should Know: - Butterfly Network announce the deployment of 500 Butterfly iQ+ devices, the world’s only handheld, whole-body ultrasound probe, to healthcare practitioners in Kenya to advance maternal and fetal health. - This deployment is part of a $5 million grant from the Bill & Melinda Gates Foundation to expand access to medical imaging across Sub-Saharan Africa. Why It Matters According to the World Health Organization Regional Office for Africa1, about 830 women
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UnitedHealthcare and Peloton Expand Relationship to Reach 10 Million Members

by Fred Pennic 09/21/2022 Leave a Comment

UnitedHealthcare and Peloton Expand Relationship to Reach 10 Million Members

What You Should Know: - UnitedHealthcare and Peloton have renewed and expanded their relationship to help more people get or stay active and improve their overall well-being. - Since originally launching the offer in 2021, UnitedHealthcare members are collectively completing over 1 million Peloton classes per month; among enrollees who have taken at least one class during a given month, members are taking an average of over three classes each week. Provide Millions of More People With
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Virtual Reality Therapy May Serve as Effective Adjunct To Anesthesia For Surgical Procedures

by Syed Hamza Sohail 09/21/2022 Leave a Comment

XRHealth Launches Virtual Reality Telehealth Clinic in Israel

What You Should Know: - The results of a clinical trial using software from XRHealth, developer and operator of virtual treatment rooms in the metaverse,  published in PLOS ONE demonstrated that virtual reality therapy may serve as an effective adjunct to anesthesia for surgical procedures. The trials were conducted with XRHealth’s immersive virtual reality software. - The results of the trial showed that the majority of patients (13/17) using the XRHealth VR technology did not need
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Naveris Raises $51M for Early Detection of Viral-Driven Cancers

by Syed Hamza Sohail 09/21/2022 Leave a Comment

Naveris Raises $51M for Early Detection of Viral-Driven Cancers

What You Should Know: - Naveris, Inc., a commercial-stage life sciences company dedicated to improving patient care through earlier detection of viral-driven cancers, recently announced a $33.4M expansion of its Series A financing, bringing the total investment in Naveris to $51M. - The financing was led by Gurnet Point Capital, joined by TechU Ventures and BrightEdge, the impact and venture capital arm of the American Cancer Society. Using DNA Fragmentomics Technology to Detect
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BrightInsight & bioMérieux Partner to Develop Clinical Digital Solution for Diagnostics

by Syed Hamza Sohail 09/21/2022 Leave a Comment

BrightInsight & bioMérieux Partner to Develop Clinical Digital Solution for Diagnostics

What You Should Know: - BrightInsight, Inc., provider of the leading global platform for biopharma and medtech regulated digital health solutions and bioMérieux, a world leader in the field of in vitro diagnostics, announced today a partnership to develop and bring to market a Clinical Digital Solution for diagnostics enabling clinical decision support for disease areas across their diagnostic tests. - bioMérieux will launch a digital solution for diagnostics leveraging the compliant
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OurCrowd Launches $200M Global Health Equity Fund

by Fred Pennic 09/20/2022 Leave a Comment

OurCrowd Launches $200M Global Health Equity Fund

OurCrowd Launches $200M Global Health Equity Fund What You Should Know: - Global venture firm OurCrowd launches the $200M Global Health Equity Fund (GHEF) in collaboration with the WHO Foundation. - The fund team will be led by OurCrowd CEO, Jon Medved, and OurCrowd Managing Partner, Dr. Morris Laster, with the support of the WHO Foundation’s Chief Impact Investment Officer, Geetha Tharmaratnam. It will be managed by an OurCrowd team of clinical experts with decades of experience in
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Lyfegen Raises $8M for Value-Based Contracting for High-Cost Drugs

by Jasmine Pennic 09/20/2022 Leave a Comment

Lyfegen Raises $8M for Value-Based Contracting for High-Cost Drugs

What You Should Know: - Lyfegen, a global health tech SaaS company driving the world’s transition from volume to value-based healthcare for high-cost drugs raises $8M in Series A financing round led by aMoon, with additional participation from APEX Ventures and others. - Lyfegen’s value-based contracting software is used by healthcare payers and leading pharma companies, including Novartis, Roche, MSD, Bristol Myers Squibb (BMS) and Johnson & Johnson. Value-Based
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Eko Lands $2.7M NIH Grant to Train Pulmonary Hypertension AI

by Syed Hamza Sohail 09/20/2022 Leave a Comment

Eko Lands $2.2M NIH Grant to Train Pulmonary Hypertension AI

What You Should Know: - Eko, a digital health company applying machine learning in the fight against heart and lung disease, today announced that it was awarded a $2.7M Small Business Innovation Research (SBIR) Direct Phase II grant by the National Institutes of Health’s (NIH) Department of Health and Human Services (HHS). - The grant will fund the development of a machine learning algorithm that detects and stratifies pulmonary hypertension (PH) using phonocardiogram (PCG) and
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Zócalo Health Raises $5M to Launch Primary Care Services for Latinos

by Fred Pennic 09/19/2022 Leave a Comment

Zócalo Health Raises $5M to Launch Primary Care Services for Latinos

What You Should Know: Zócalo Health, a Latino-founded healthcare service designed for Latino patients, announced that it’s closed on $5M in seed funding to support its launch of virtual primary care services in California, Texas, and Washington this year. The seed funding was co-led by Animo Ventures, Virtue, and Vamos Ventures. The round includes other notable investors including Necessary Ventures, Able Partners, and angel investors Toyin Ajayi, Freada Kapor Klein, Nikhil
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4 Factors Driving Healthcare Transformation in 2022 to Watch

by Anish Sebastian, CEO and Co-founder, Babyscripts 09/19/2022 Leave a Comment

Bullshit Metrics: Is Patient Engagement Real?

As the healthcare industry becomes more interconnected in response to a wide range of economic and societal factors, the landscape is changing for all parties involved, including payers, providers, and patients.  In a dynamic time for the industry, here are four of the main factors driving the changes and what they mean for the primary stakeholders: The lines between traditional and digital are blurring As startups and traditional providers race to meet their patient's
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