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Digital Health | News, Analysis, Insights - HIT Consultant

Hospital Telehealth Vendor Financials Round Up – Teladoc Health, Amwell & SOC Telemed

by Arun Gill, Senior Analyst at Signify Research 05/20/2022 Leave a Comment

Hospital Telehealth Vendor Financials Round Up – Teladoc Health, Amwell & SOC Telemed

Several hospital telehealth vendors enjoyed great success in 2020 as they benefitted from unprecedented demand for their IT and services during the pandemic. But as lockdown restrictions were lifted and the strain on hospitals’ in-house capacity across the ICU and other acute care wards eased into the second half of 2021, were the vendors able to maintain their growth? With full-year results from several of the leading hospital telehealth vendors now published, here’s our take on the recently
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Polygon to Partner with MSP on Healthcare Blockchain Initiative

by Jasmine Pennic 05/20/2022 Leave a Comment

Polygon to Partner with MSP on Healthcare Blockchain Initiative

What You Should Know: - Today, Polygon Networks, a leading blockchain and scaling solution, announced a partnership with Tokenology and MSP Recovery to deliver LifeChain - a new healthcare claims platform. - LifeChain will leverage blockchain technology to solve healthcare's biggest problems, including fraud, inefficiency in payments and antiquated processes. Tokenize Healthcare Claims On-Chain LifeChain will be developed by MSP Recovery and Tokenology as a fully tokenized Medicare,
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Tempus Launches Psychiatric Real-World Data Collaboration

by Fred Pennic 05/20/2022 Leave a Comment

Tempus Launches Pathology-Driven AI Platform

What You Should Know: - Tempus, an $8B precision medicine company, announced the launch of a new psychiatric real-world data program to leverage real-world data to inform mental health treatment.  - Tempus N+ is a collaboration between provider institutions across the country and Tempus to build an infrastructure for data-driven research – providers can seamlessly and securely contribute molecular and clinical data, and in turn, their clinicians and researchers can access a
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Amwell Launches Comprehensive Behavioral Health Program

by Jasmine Pennic 05/19/2022 Leave a Comment

Amwell Launches Comprehensive Behavioral Health Program

What You Should Know: - Digital care delivery company Amwell launches Amwell Comprehensive Behavioral Health Program, an evidence-based, comprehensive and scalable behavioral health solution that can be tailored to meet specific population needs across the full spectrum of care. - Designed to address the growing mental health crisis, the Amwell program enables payers and providers to deliver integrated solutions including virtual therapy and psychiatry, coaching, and digital mental health
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Solve.Care Launches First Crypto Healthcare Device Marketplace

by Fred Pennic 05/19/2022 Leave a Comment

Solve.Care Launches First Crypto Healthcare Device Marketplace

What You Should Know: - Solve.Care, the global healthcare blockchain technology company, has announced the world's first crypto-enabled marketplace dedicated to healthcare. - Care.Marketplace will allow for the purchase of domestic healthcare devices across the United States. This first-of-its-kind development will work to influence the use of domestic healthcare devices Crypto-Enabled Marketplace Solve.Care is creating innovative solutions to long-standing access challenges within
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Pfizer and Sidekick Health Launches Digital Therapeutics Solution for Eczema

by Jasmine Pennic 05/19/2022 Leave a Comment

Pfizer and Sidekick Health Launches Digital Therapeutics Solution for Eczema

What You Should Know: - Sidekick Health today announces the launch of an integrated digital therapeutics solution for improving the outcomes of patients with Atopic Dermatitis (AD) in conjunction with Pfizer Inc., one of the world's premier innovative biopharmaceutical companies. - Sidekick and Pfizer will be rolling out their integrated digital therapeutics offering, launching first in the UK, followed by Belgium, Norway, the Netherlands, Sweden, France, Ireland, and Japan later in 2022.
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HealthQuest Capital Closes $675M for Fund IV to Invest in Transformational Healthcare Companies

by Fred Pennic 05/18/2022 Leave a Comment

HealthQuest Capital Closes $675M for Fund IV to Invest in Transformational Healthcare Companies

What You Should Know: - HealthQuest Capital, a sector specialist capital firm focused on companies optimizing value in healthcare, today announced the close of HealthQuest Partners IV, L.P., at its hard cap of $675M . - The oversubscribed fund will enable HealthQuest to continue to invest in growth-stage companies that are revolutionizing the healthcare industry. Providing Growth Capital to Companies Transforming Healthcare Founded in 2013 by Garheng Kong, a physician, scientist, and
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Eli Lilly Partners with Yseop to Expedite Drug Approval Process

by Strategic Partnerships 05/18/2022 Leave a Comment

Eli Lilly Partners with Yseop to Expedite Drug Approval Process

What You Should Know: - Eli Lilly and Company partners with Yseop, an AI software company and pioneer in Natural Language Processing (NLP) to deploy Yseop’s world-class enterprise automation platform, Augmented Analyst, to accelerate bringing Lilly’s medicines to patients. - Yseop’s platform uses Natural Language Generation (NLG) to augment human analysis with automated insights. With Yseop’s powerful AI automation technology, teams can shorten the time spent on specialist medical reports
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Character Biosciences Raises $18M to Expand Precision Medicine Platform for Diseases of Aging

by Fred Pennic 05/17/2022 Leave a Comment

Character Biosciences Raises $18M to Expand Precision Medicine Platform for Diseases of Aging

What You Should Know: - Character Biosciences (“Character”), a precision medicine platform for diseases of aging raises $18M in a new funding round led by Innovation Endeavors, alongside leading life sciences investors Section 32 and Catalio Capital Management. Formerly known as Clover Therapeutics, the company’s data-driven approach integrates genomics, deep phenotyping and machine learning for target and biomarker discovery. - The company will use the funding to advance the frontiers of
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Delivering Patient-Centered Care Means Decluttering the Digital Health Landscape

by Simon Mathews, MD, Chief Medical Officer, Pager 05/17/2022 Leave a Comment

Delivering Patient-Centered Care Means Decluttering the Digital Landscape

Digital health companies (DHCs) and their solutions continue to grow at a rapid pace. This is in part being fueled by the record funding for DHCs, with over $29 billion for US-based companies in 2021 alone. As a result, patients are inundated with solutions from every direction – from employers, health plans, and directly through consumer-oriented apps and wearables. Physicians are also getting into the mix by directly prescribing digital therapeutics. On the surface, the blossoming of the
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