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Digital Health | News, Analysis, Insights - HIT Consultant

Free Market Health Secures $13.5M for Advance Specialty Pharmacy Ecosystem

by Fred Pennic 04/19/2022 Leave a Comment

What You Should Know: Free Market Health, a Pittsburgh-based healthcare technology company transforming the specialty pharmacy ecosystem with a care-driven marketplace platform, today announced its $13.5M in Series A financing led by Alta Partners and with participation from existing investors Highmark Ventures and 653 Investment Partners. - The capital will enable the company’s team of specialty pharmacy industry experts to scale beyond the hundreds of millions of dollars in specialty
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Analysis: The Role of Compact Systems in Today’s Ultrasound Market

by Mustafa Hassan, Market Analyst at Signify Research 04/19/2022 Leave a Comment

Analysis: The Role of Compact Systems in Today’s Ultrasound Market

Much of the focus in the ultrasound market in the last few years has been on the handheld market. This is justified, considering its role in the response to the COVID-19 pandemic and the spate of innovation in the sector, both in terms of new product releases and partnerships.  As a result, there is less mention of the other ultrasound product segments, especially the compact market. However, the compact market has also been active, with the release of Fujifilm SonoSite’s SonoSite LX in February
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Blue Spark Technologies Raises $40M for AI-Based Remote Patient Monitoring

by Jasmine Pennic 04/18/2022 Leave a Comment

Blue Spark Technologies Raises $40M for AI-Based Remote Patient Monitoring

What You Should Know: - Blue Spark Technologies, Inc., a Cleveland, OH-based provider of wearable remote patient monitoring solutions, announced that it has raised $40 million in growth funding led by Ghost Tree Partners with support from Aon. - The funding will go towards scaling the company’s sales and marketing functions and the continued advancement of Blue Spark’s wearable remote patient monitoring solutions. Continuous, Real-Time Body Temperature Monitoring System TempTraq®,
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Suki Adds “Show Me” Command to its Voice-Enabled Digital Assistant

by Fred Pennic 04/18/2022 Leave a Comment

Suki Secures $55M for Voice-Enabled Clinical Assistants to Relive Physician Burnout

What You Should Know: Suki, a provider of voice artificial intelligence (AI) technology for healthcare launches new “show me” commands for its voice artificial intelligence (AI) technology for healthcare. - The commands allow clinicians to quickly retrieve a wide set of patient information, including vital signs, medications, allergies, and medical and surgical histories -- untethered from the electronic health record (EHR) -- enabling them to be more present with their patients. The
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Therapeutic Alliance: Building Relationships With AI Therapy Chatbots

by Fred Pennic 04/15/2022 Leave a Comment

Therapeutic Alliance: Building Relationships With AI Therapy Chatbots

What You Should Know: - Can we build relationships with AI therapy bots as well as we can with other human beings? This research says yes.  - A recent peer-reviewed study in Frontiers of  Wysa, an advanced conversational AI for mental health, shows people develop an emotional bond with its chatbot in much the same way people bond with a human therapist. This ‘therapeutic alliance’ is crucial in helping people meet the goals of treatment, the study found. Peer-reviewed study reveals
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Vital Start Health Launches Virtual Reality-Enabled Telemedicine Platform for Maternal Mental Health

by Jasmine Pennic 04/14/2022 Leave a Comment

Vital Start Health Launches Virtual Reality-Enabled Telemedicine Platform for Maternal Mental Health

What You Should Know: - Vital Start Health, a University of Pennsylvania startup and a member of Microsoft for Startups, has launched COURAGE as the next-generation, virtual reality, multi-lingual coaching and psychotherapy telehealth platform for maternal well-being support across the pre-pregnancy, pregnancy and postpartum stages. - The platform empowers patients with experiential practice and immersive psychoeducation, with the goal of driving better diagnoses, and
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FundamentalVR Adds Endovascular Surgery Procedures to Haptic VR Medical Simulations

by Fred Pennic 04/14/2022 Leave a Comment

FundamentalVR Adds Endovascular Surgery Procedures to Haptic VR Medical Simulations

What You Should Know: - FundamentalVR, global pioneers in immersive VR surgical simulations, today announces the addition of endovascular surgery to its suite of haptic VR medical simulations. In addition, it’s also showcasing its new virtual showroom that would accelerate the ability of medical device manufacturers and life science companies to get new endovascular products into the hands of sales representatives and clinicians. Creating High-Fidelity Simulations In creating
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Salignostics Raises $8M for Rapid Saliva-Based Test Kits That Detect Pregnancy, COVID-19, Cardiac Risk, and Malaria

by Fred Pennic 04/14/2022 Leave a Comment

Salignostics Raises $8M for Rapid Saliva-Based Test Kits That Detect Pregnancy, COVID-19, Cardiac Risk, and Malaria

What You Should Know: - Israeli startup Salignostics, the developer and provider of rapid saliva-based tests for early pregnancy detection, as well as COVID-19, cardiac risk, malaria, and other diseases, has closed an $8 million Series A funding round from private investors headed by angel investor Avigdor Orlinsky. - The company has raised $16M to date to support development, commercialization, and marketing efforts for the tests in Israel and overseas. It will also support the launch of
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9am.Health Nabs $16M to Expand Virtual Diabetes Clinic Nationwide

by Fred Pennic 04/13/2022 Leave a Comment

9am.Health Nabs $16M to Expand Virtual Diabetes Clinic Nationwide

What You Should Know: - 9am.health, a San Diego, CA-based virtual diabetes clinic that delivers personalized, affordable, and compassionate care directly to consumers raises $16M in Series A funding co-led by 7Wire Ventures and Human Capital and included participation from new investors StartUp Health, Leaps by Bayer, and existing investors Define Ventures and Founders Fund. The latest round brings its total funding to date to nearly $20M. - Innovative virtual care provider is now
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Vivalink Expands Use of its Biometrics Data Platform

by Jasmine Pennic 04/12/2022 Leave a Comment

Vivalink Launches RWE Biometrics Data Platform

What You Should Know: - Vivalink, a leading provider of digital healthcare solutions, has expanded its Biometrics Data Platform - which delivers uninterrupted streams of real-world physiological data - to enable faster algorithm development for disease detection and diagnosis.  - More than 100 digital healthcare application companies and customers in 32 countries are already developing a wide range of medical applications for remote patient monitoring and clinical trials based on the
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