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Digital Health | News, Analysis, Insights - HIT Consultant

Lynx Launches with $17.5M for API-Connected Healthcare Payments

by Fred Pennic 03/03/2022 Leave a Comment

Lynx Launches with $17.5M for API-Connected Healthcare Payments

What You Should Know: - Lynx, a Boston-based API-connected healthcare payments, banking, and e-commerce platform announced today that it has emerged from stealth with $17.5M in equity financing led by Obvious Ventures and .406 Ventures with participation from Frist Cressey Ventures. Other investors include Winter Street Ventures (an investment subsidiary of Commonwealth Care Alliance), Shields Capital, and Huntington Avenue Ventures. - Lynx’s goal is to introduce modern fintech to
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DarioHealth Forms $30M Strategic Agreement with Sanofi U.S.

by Jasmine Pennic 03/03/2022 Leave a Comment

HLTH21: DarioHealth Unveils its Digital Musculoskeletal Solution

What You Should Know: - DarioHealth Corp., a provider of global digital therapeutics (DTx), announced it has entered into a $30M multi-year, strategic agreement with Sanofi U.S., an innovative global healthcare company. The multi-year, $30 million-dollar agreement will help accelerate commercial adoption of Dario's full suite of digital therapeutics and drive the expansion of digital health solutions on the Dario platform.  - As part of the strategic agreement, Dario and Sanofi will
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Massachusetts General Hospital to Co-Develop VR Digital Therapeutic for Stem Cell Patients

by Jasmine Pennic 03/02/2022 Leave a Comment

Massachusetts General Hospital to Co-Develop VR Digital Therapeutic for Stem Cell Patients

What You Should Know: - Massachusetts General Hospital ("MGH") announced a research agreement with Rocket VR Health, an emerging digital therapeutics company developing clinically validated virtual reality therapies that enhance the quality of life of cancer patients, their families and their caregivers. - The research will study the effects of daily Virtual Reality Therapy's effect on patients during their entire hospital stay. Partnership Details The
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Bamboo Health & Bicycle Health Partner to Enhance Telehealth Opioid Use Disorder Treatment

by Fred Pennic 03/02/2022 Leave a Comment

Bamboo Health & Bicycle Health Partner to Enhance Telehealth Opioid Use Disorder Treatment

What You Should Know: - Bamboo Health today announced an expanded partnership with Bicycle Health to enhance care collaboration for treating opioid use disorder (OUD) treatment, ahead of their upcoming participation at ViVE and HIMSS. - Bicycle Health will leverage the company’s Pings™ and Spotlights™ solutions for real-time insights into the emergency department (ED) and acute inpatient care utilization for improved outcomes, as well as to understand the impact of
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Cedars-Sinai Establishes New Division: Artificial Intelligence in Medicine (AIM)

by Jasmine Pennic 03/01/2022 Leave a Comment

Cedars-Sinai Establishes New Division: Artificial Intelligence in Medicine

What You Should Know: - Today, the department of Cedars-Sinai announced it has established a new division to explore how artificial intelligence (AI) can be applied to help solve complex medical problems and enhance clinical care. - The new division, Artificial Intelligence in Medicine, or AIM will be led by Sumeet Chugh, MD, an associate director of the Smidt Heart Institute and a prominent expert in sudden cardiac arrest, who has long relied on technology and population-wide data to help
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GTCR Acquires Majority Stake in Experity to Drive On-Demand Care

by Jasmine Pennic 03/01/2022 Leave a Comment

DocuTAP and Practice Velocity Merge to Form Experity

What You Should Know: - Experity, the national leader in on-demand care solutions, today announced a strategic growth investment from GTCR, a private equity firm with significant experience in healthcare technology and services. Existing investor Warburg Pincus will retain a minority interest in the company - The strategic growth investment from GTCR, along with the combined capability of two world-class investors (including Warburg Pincus) will provide industry-leading innovation and
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Butterfly Launches System-Wide Ultrasound w/AI-Guided Option

by Jasmine Pennic 02/28/2022 Leave a Comment

Butterfly Launches System-Wide Ultrasound w/AI-Guided Option

What You Should Know: - Butterfly Network today launched Butterfly Blueprint, a system-wide platform that supports scaled deployment of ultrasound across hospitals and health systems. - Blueprint integrates ultrasound information into health systems’ clinical and administrative systems and workflows. That means clinicians across all disciplines now have a tool that allows them to see and know results sooner to drive better care
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XRHealth Secures $10M to Expand Virtual Reality Treatment in the Metaverse

by Fred Pennic 02/28/2022 Leave a Comment

XRHealth Launches Virtual Reality Telehealth Clinic in Israel

What You Should Know: - XRHealth, the gateway to the healthcare metaverse,  announced today that they raised $10M in funding to expand virtual healthcare treatment in the Metaverse. The funding was backed by HTC, Bridges Israel impact investment fund, AARP, and crowdfunding on StartEngine.com and existing investors. - XRHealth’s platform is FDA and CE registered and provides an immersive experience for users, transporting them to a virtual world for comprehensive
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Teladoc Health and Amazon Team Up to Launch Teladoc on Alexa

by Fred Pennic 02/28/2022 Leave a Comment

Teladoc Health Launches Chronic Condition Management Solution

What You Should Know: - Whole-person virtual care provider Teladoc Health, today announced a first of its kind experience with Amazon Alexa with the launch of voice-activated general medical virtual care on supported Echo devices. - Customers in the U.S. will now be able to connect with a Teladoc care provider 24/7 from supported Echo devices for general medical needs. First of its Kind Alexa Experience Provides Hands-Free Access at Home to General Medical Care To get started,
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Crisis in the U.S. Healthcare Workforce: Why It’s Time to introduce AI

by Andrew Pucher, CEO of Dascena, Inc. 02/28/2022 Leave a Comment

Crisis in the U.S. Healthcare Workforce: Time to introduce AI

One of the many acute challenges during the pandemic has been the departure of approximately 18% of the U.S. healthcare workforce,4 resulting in staffing shortages in hospitals. This has impacted the well-being of the remaining healthcare practitioners 5 as well as their patients – many of whom are deferring care that is vital to disease management and overall maintenance of health,6,7 or who do not have access to timely emergency care.1 Though such challenges may be perceived as insurmountable
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