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Digital Health | News, Analysis, Insights - HIT Consultant

Why Telemedicine Isn’t A Temporary Fix — It’s The Future

by Doug McDonald, Director of Technology in the Office of the CTO at Extreme Networks 03/30/2022 Leave a Comment

Why Telemedicine Isn’t A Temporary Fix — It’s The Future

In March 2020, many office workers packed up their bags under the mandate of their employers, assuming they’d be working from home for a few weeks so the coronavirus could “blow over.” Fast-forward two years: many of those same employees have yet to step foot back into their old offices, and some never will again.  A similar trend is playing out in healthcare. When COVID-19 started, many health systems rapidly adopted virtual care models as a matter of necessity to keep as many non-COVID
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Invitae Launches Genomics-Forward Digital Health Platform

by Fred Pennic 03/30/2022 Leave a Comment

Invitae Launches Genomics-Forward Digital Health Platform

What You Should Know: - Invitae launches a seamless digital platform to enhance patient and provider experiences and further bring genetics to mainstream medicine. - Offering seamless integrations with EHR solutions, Invitae Digital Health will provide healthcare systems with a customizable suite of tools in a single, intuitive platform. Invitae, a San Francisco, CA, based medical genetics company, announced the launch of Invitae Digital Health—a connected
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ConcertAI Raises $150M at $1.9 Billion Valuation for RWD Platform

by Fred Pennic 03/29/2022 Leave a Comment

ConcertAI Raises $150M at $1.9 Billion Valuation for RWD Platform

What You Should Know: - ConcertAI, LLC (ConcertAI), the leader in enterprise AI and real-world data (RWD) solutions for life sciences and healthcare, announced the close of its $150M in Series C led by Sixth Street at a $1.9B valuation. - From its startup just five years ago, ConcertAI has emerged as one of the fastest-growing companies providing high-value software-as-a-service (SaaS) and data solutions to life sciences and biopharma companies, leading healthcare providers, contract
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Brightside Health Raises $50M for Personalized Anxiety & Depression Care

by Jasmine Pennic 03/29/2022 Leave a Comment

Brightside Health Raises $50M for Personalized Anxiety & Depression Care

What You Should Know: - Today, Brightside Health announced it raised a $50M Series B, led by ACME Capital and Mousse Partners, bringing its total funding to $75M to date. - The funding will help Brightside expand access to high-quality mental healthcare to more people across the country, enhance the platform, forge new partnerships, and grow as a team, from about 57 now to an expected 175 later this year.  Brightside Health, a telemedicine platform that offers fast access to
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LCMC Health Delivers Remote Pregnancy Care to More Than 1,200 Mothers Through Babyscripts

by Jasmine Pennic 03/29/2022 Leave a Comment

LCMC Health Delivers Remote Pregnancy Care to More Than 1,200 Mothers Through Babyscripts

What You Should Know: - Babyscripts, a virtual care platform for managing obstetrics, announced a one-year partnership with LCMC Health, a New Orleans-based, non-profit health system.  - The partnership has provided more than 1,200 mothers with equitable access to care through the Babyscripts virtual maternity care platform and has been shown to increase patient compliance to important maternal care guidelines. LCMC Health Delivers Remote
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Altibbi Raises $44M for Middle East AI-Based Digital Health Platform

by Jasmine Pennic 03/28/2022 Leave a Comment

Altibbi Raises $44M for Middle East AI-Based Digital Health Platform

What You Should Know: - Altibbi, the Middle East’s largest AI-based digital health platform raises $44 million in Series B fund funding led by Foundation Holdings, Hikma Ventures and existing investors Global Ventures and DASH Ventures. The Series B round marks the largest single financing round for a regional Digital Health company. - Raising more than $50M in funds since its founding in 2011, Altibbi’s diverse shareholder base also includes high-profile investors Endeavor Catalyst,
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What The Finance Industry Can Teach Healthcare About Digital Transformation

by Mike Serbinis, Co-Founder and CEO of League 03/28/2022 Leave a Comment

What The Finance Industry Can Teach Healthcare About Digital Transformation

The COVID-19 pandemic feels like a once-in-a-lifetime event for those of us involved in healthcare, but the patterns of how the crisis affected our industry feel familiar. Stop me if you have heard this before: incumbent players in a broad industry made very slow and fragmented technological advances for years with no real threat to their business. Then, a sudden and transformational event catapulted direct-to-consumer technologies, forcing the incumbents to fundamentally alter their business
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LG Launches LA Business Innovation Center for Medical Environments

by Fred Pennic 03/25/2022 Leave a Comment

LG Launches LA Business Innovation Center for Healthcare Tech

What You Should Know: - LG Business Solutions USA has opened its new Los Angeles Business Innovation Center, the first comprehensive LG technology and education hub to focus on commercial displays and devices designed for medical environments, led by LG’s diagnostic and clinical review monitors, digital X-ray detectors and smart hospital TVs. - The new Los Angeles Business Innovation Center is LG’s third in the United States (the others being in Chicago and Atlanta). They serve as
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Researchers Develop AI Method for Personalized Diabetes Treatment

by Jasmine Pennic 03/25/2022 Leave a Comment

Researchers Develop AI Method for Personalized Diabetes Treatment

What You Should Know: - Hitachi, U of U Health, and Regenstrief researchers partnered to develop and test a new AI method to improve personalized care for diabetes patients needing complex drug treatment. - The new AI method can now be used to help determine an optimal drug regimen for a specific patient. Hitachi, University of Utah Health, and Regenstrief Institute today announced the development of an artificial intelligence (AI) method to improve care for patients with type 2
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CPQ: Optimizing MedTech Operations and Sales to Accelerate Cash Flow

by Chris Lekander, VP of delivery at Wilco Source 03/25/2022 Leave a Comment

CPQ: Optimizing MedTech Operations and Sales to Accelerate Cash Flow

The lead-to-cash process in most B-to-B organizations––particularly those operating in the medical device industry––is often complex and lengthy. This is even more apparent when operations, sales and customer success teams operate in manual and siloed environments.  In this all-too-common scenario, not only does it slow cash flow velocity, it also leaves the organization vulnerable to inconsistencies, inaccuracies and more errors every time a handoff occurs between
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