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Digital Health | News, Analysis, Insights - HIT Consultant

Report: Virtual Care Still in ‘Wild West’ Days Sparking Confusion, High Optimism, Investment

by Syed Hamza Sohail 11/03/2022 Leave a Comment

Report: Virtual Care Still in ‘Wild West’ Days Sparking Confusion, High Optimism, Investment

What You Should Know: - A new "State of Virtual Care" report by Omada Health and Digital Medicine Society, in collaboration with Rock Health, reveals that buyers today are inundated with vendors labeling themselves “virtual care providers,” regardless of the care model they’re selling. This phenomenon is blurring their perception of V1C’s potential impact, and what that means for improvements in healthcare delivery and outcomes. - V1C solutions like Omada Health are changing the market,
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Numares Health & Mayo Clinic Expands AI-Enabled Diagnostic Testing Collaboration

by Fred Pennic 11/03/2022 Leave a Comment

Numares Health & Mayo Clinic Expands AI-Enabled Diagnostic Testing Collaboration

What You Should Know: - Mayo Clinic and Numares Health have expanded their collaboration recently to develop AI-enabled diagnostic testing that is more accurate and reliable than current U.S. tests for patients with chronic diseases, including kidney, cardiovascular, liver and neurologic conditions. - The expanded collaboration builds on Mayo Clinic's clinical research support for Numares Health to include an innovative convertible equity investment. AI-Enabled
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Parkview Health Launches Virtual Care Offering, Powered by Veta Health

by Syed Hamza Sohail 11/03/2022 Leave a Comment

Parkview Health Launches Virtual Care Offering, Powered by Veta Health

What You Should Know: - Veta Health announced today the launch of its virtual care offering at Parkview Health (Parkview), a not-for-profit, Indiana-based network of 10 hospitals and more than 100 clinics. - In partnership with Veta Health, Parkview will offer its patients virtual care programs designed to support patient recovery and self-management at home. The initial focus is utilizing Veta Health’s patient engagement, device-based monitoring, and telehealth tools to manage patients
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Valera Health Secures $45M to Increase Mental Health Access for High Acuity Patients

by Fred Pennic 11/02/2022 Leave a Comment

Valera Health Secures $45M to Increase Mental Health Access for High Accuity Patients

What You Should Know: Valera Health, a virtual mental health provider serving high acuity patients raises $44.5M in growth equity raise led by Heritage Group. The round also included participation from Cigna Ventures, Horizon Healthcare Services and existing investors, which include Windham Ventures, AXA Venture Partners, Aquiline Technology Partners, Trinnovate Ventures (BCBS AZ), Figure Eight Investments, Watershed VC, and Alsora Capital. Care that is comprehensive, inclusive, and
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Carta Healthcare Secures $20M for AI-Enabled Clinical Data Solutions

by Jasmine Pennic 11/02/2022 Leave a Comment

Carta Healthcare Secures $20M for AI-Enabled Clinical Data Solutions

What You Should Know: - Carta Healthcare, a pioneer in harnessing the power of clinical data, today announced it closed a $20 million series B round led by South Korean firm Paramark Ventures. Other contributors to the round include Memorial Care Innovation Fund (MCIF) and Frist Cressey Ventures, led by heart surgeon, incoming chair of The Nature Conservancy’s Board of Directors and former U.S. Senate Majority Leader Bill Frist.- Carta will use the
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JPMorgan Establishes Life Sciences Private Equity Division

by Fred Pennic 11/02/2022 Leave a Comment

JPMorgan Establishes Life Sciences Private Equity Division

What You Should Know: - J.P. Morgan Asset Management announced the establishment of a new life sciences private equity team, Life Sciences Private Capital. - The new team will focus on investing in both early and growth-stage healthcare companies across multiple strategies aligned to specific market opportunities, with a focus on novel therapeutics and technologies in several target areas including Genetic Medicine, Oncology, Neurodegenerative Disease, Rare Diseases, Autoimmunity,
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Research: Proscia AI Predicts Diagnostic Agreement for Melanoma

by Syed Hamza Sohail 11/02/2022 Leave a Comment

JPC Taps Proscia to Modernize World's Largest Human Tissue Repository

What You Should Know: - Proscia® a provider of digital and computational pathology solutions, has released study results on new artificial intelligence (AI) that predicts diagnostic agreement for melanoma, the deadliest form of skin cancer. - The findings, which were presented at the European Conference on Computer Vision (ECCV) 2022, highlight the potential of the technology to improve diagnostic accuracy for melanoma and other diseases with low pathologist concordance. Findings
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Mount Sinai Develops Employee Health Contact Tracing Database to Mitigate COVID-19 Spread

by Jasmine Pennic 11/01/2022 Leave a Comment

Mount Sinai Develops Employee Health Contact Tracing Database to Mitigate COVID-19 Spread

What You Should Know: - Mount Sinai researchers have developed an Employee Health COVID-19 REDCap Registry to address the need for contact tracing and agile exposure investigations to mitigate the spread of COVID-19 among hospital staff. - Employee Health COVID-19 REDCap Registry is a cloud-based digital framework using the Research Electronic Data Capture web application—to track and reduce the spread of the virus across the Mount Sinai Health System including 8 hospitals and more than
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MedCrypt Raises $25M for Medical Device Cybersecurity Platform

by Fred Pennic 11/01/2022 Leave a Comment

MedCrypt Raises $25M for Medical Device Cybersecurity Platform

What You Should Know: - Today, MedCrypt, the proactive cybersecurity solution provider for medical devices and manufacturers raises $25M in Series B funding led by Intuitive Ventures and Johnson & Johnson Innovation.  - The round included participation from institutional investors Section 32, Eniac Ventures, Anzu Partners, and Dolby Family Ventures. This round of funding brings the company's total to date to $34.4M. Rising Need for Medical Device Cybersecurity This round stems
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Consumers Prefer Telehealth Over In-Office Visits for Routine Care 

by Syed Hamza Sohail 11/01/2022 Leave a Comment

Consumers Prefer Telehealth Over In-office Visits for Routine Care

What You Should Know: - The popularity of telehealth remains strong – and even the top choice among consumers needing routine medical care, according to a recent survey of individuals who previously had at least one telehealth visit. - Regardless of the type of virtual care, nearly all participants of the survey, sponsored by KeyCare, stated it was important that both their regular doctor and their telehealth provider had access to their health records for sharing critical data such
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