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Digital Health | News, Analysis, Insights - HIT Consultant

Beam Healthcare Lands Growth Funding from Decathlon Capital Partners

by Jasmine Pennic 03/10/2023 Leave a Comment

Beam Healthcare Lands Growth Funding from Decathlon Capital Partners

What You Should Know: - Clinical telemedicine company Beam Healthcare has landed a significant investment from Decathlon Capital Partners. Details of the revenue-based funding investment were not disclosed. - Beam Healthcare plans to utilize the funding toward expanding into new geographic markets and continuing its investment into the development of enhanced patient care programs. Beam Healthcare provides telemedicine services across the country to healthcare organizations and employers
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FemTech Startup Iron Health Launches with $4.5M to Empower OB/GYNs 

by Jasmine Pennic 03/09/2023 Leave a Comment

FemTech Startup Iron Health Launches with $4.5M to Empower OB/GYNs

What You Should Know: - Built at Redesign Health, Iron Health,  the tech-enabled, virtual care partner that empowers OB/GYNs and their patients today announced its official launch with $4.5 million in seed investment.  - March of Dimes both contributed funds to Iron Health as part of its seed as its first investment from its first Innovation Fund but is also a partner resource for the startup.  Iron Health addresses the fragmentation between OB/GYN, primary,
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Clarapath Acquires AI-Powered Digital Pathology Platform Crosscope

by Fred Pennic 03/09/2023 Leave a Comment

Clarapath Acquires AI-Powered Digital Pathology Platform Crosscope

What You Should Know: - Clarapath, a robotics company aimed at catalyzing change in the way pathology laboratories process human and animal tissue acquires Mountain View, CA-based Crosscope. Financial details of the acquisition were not disclosed. - Crosscope is a digital pathology company with a turnkey imaging solution providing best-in-class workflow tools and slide management along with artificial intelligence (AI) and machine learning (ML) technology to assist pathologists with better
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Risky Business of Health Trackers: What Digital Health Leaders Need to Know

by Cristina Varner, Newfront, SVP National Life Science & Healthcare Practice 03/09/2023 Leave a Comment

Risky Business of Health Trackers; What Digital Health Leaders Need to Know

Gone are the days when healthcare information was only available to us at the doctor’s office or through the office's online portals, and that’s in part due to the rapidly growing popularity of wearable technology devices. It’s estimated that 1 in 5 adults in the U.S. use a fitness or health tracker to monitor things such as heart rate, blood pressure, sleep cycle, and stress. But this information is being used beyond just monitoring specific conditions. Take me, for example; I personally use my
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Aiberry Secures $8M for AI-Powered Mental Health Screenings

by Fred Pennic 03/08/2023 Leave a Comment

Aiberry Secures $8M for AI-Powered Mental Health Screenings

What You Should Know: - Aiberry (pronounced “I” + “berry”), an AI-powered mental health screening pioneer today announced that it has secured $8M in seed funding led by Confluence Capital Group, Inc. (CCG) with participation from the VC fund Ascension AI. This brings total funding to $10M - The company plans to use the latest round of funding to accelerate the adoption of the Aiberry platform, which uses an AI-powered therapeutic assistant to conduct a conversation to detect mental health
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Opkit Launches First Insurance Verification Platform for Telehealth

by Fred Pennic 03/08/2023 Leave a Comment

Opkit Launches First Insurance Verification Platform

What You Should Know: - Y Combinator startup Opkit emerges from stealth with an automated health insurance verification platform that is purpose-built for the new telehealth companies and virtual medical clinics that are providing care for a wide range of patients across the United States. The startup has raised more than $1M from Global Founders Capital, Mischief (Plaid founder Zach Perret's fund), Socially Financed, Y Combinator and Rex Salisbury, former partner at Andreessen
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COTA and GTC Partner to Improve Precision Oncology

by Strategic Partnerships 03/08/2023 Leave a Comment

FDA Extends RCA With COTA to Explore COVID's Effect on Cancer

What You Should Know: - COTA, Inc., an oncology real-world data and analytics company, today announced a new partnership with Genomic Testing Cooperative (GTC), a molecular testing company. - GTC has a very innovative approach to genetic testing, providing molecular information which is critical to determining accurate diagnoses and determining the most appropriate treatment. GTC's tissue and liquid-biopsy testing leverages DNA and RNA sequencing, which is very rare in the
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Long-Term Care Insurtech Assured Allies Nabs $42.5M to Power Successful Aging

by Fred Pennic 03/07/2023 Leave a Comment

Long-Term Care Insurtech Assured Allies Nabs $42.5M to Power Successful Aging

What You Should Know: - Assured Allies, an insurtech company for evidence-based successful aging raises $42.5M in Series B funding round co-led by FinTLV Ventures and existing investor Harel Insurance, and was joined by new and existing investors including Lumir Ventures, Funds managed by Hamilton Lane (NASDAQ: HLNE), New Era Capital Partners, MS&AD Ventures, Core Innovation Capital, Poalim Equity, EquiTrust Life Insurance Company, Akilia Partners, and Samsung Next. The latest round
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WeightWatchers Acquires Clinical Weight Management Platform Sequence for $106M

by Jasmine Pennic 03/07/2023 Leave a Comment

WeightWatchers Acquires Clinical Weight Management Platform Sequence for $106M

What You Should Know: - WeightWatchers has entered into a definitive agreement to acquire Weekend Health, Inc., d/b/a Sequence, a subscription telehealth platform offering access to healthcare providers specializing in chronic weight management. - Sequence seamlessly integrates the patient and clinician experience for ongoing, clinical care and medication management while providing high-touch support in navigating the insurance approval process. - As part of the acquisition, WW will
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Wave Life Secures $6M to Increase Mental Health Access For Gen Z

by Fred Pennic 03/07/2023 Leave a Comment

Wave Life Secures $6M to Increase Mental Health Access For Gen Z

What You Should Know: - Wave Life, the science-backed mental health platform aimed at supporting Gen Z raises $6M in seed funding led by Santé Ventures. The seed round also included participation from Hannah Grey, Joyance Capital, Gaingels, and Telocity Ventures. - Created and led by clinical psychologist Dr. Sarah Adler, Clinical Associate Professor of Psychiatry at Stanford University, the Wave Life platform takes the best of science-backed traditional therapy and delivers it in a way
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