What You Should Know:
- Alto Pharmacy (“Alto”), the leader in America’s rapidly expanding digital pharmacy market, raised approximately $200 million in an oversubscribed series E financing round led by returning investor Softbank Vision Fund.
Free hand-delivery to your door
Despite the pandemic, the retail pharmacy industry has been one of the slowest to use technology to improve the customer experience. Founded in 2015, Alto is a full-service pharmacy powered by a team of experts
Read More
Digital Health | News, Analysis, Insights - HIT Consultant
Talkiatry Lands $37M to Expand In-Network Psychiatric Care
What You Should Know:
– Talkiatry, a leading provider of in-network psychiatric care raised an additional $17M from Left Lane Capital, which totals their current funding to $37M in Series A funding. The completion of this round will support Talkiatry in responsibly scaling mental health services across the United States with national insurance contracts.
- The company also appointed Samson Walla as its Vice President of Operations. Walla joins Talkiatry from Uber, where he served as
Read More
The Next Evolution of Telehealth and What It Will Take to Get There
Telehealth has been majorly beneficial to millions of patients and providers throughout the pandemic. To continue being efficient and delivering results, however, virtual care must evolve quickly. Healthcare organizations will need to implement telehealth for use cases beyond the reactive video-only model they’ve grown used to during COVID. Now, there is an innate need for telehealth to encompass a broader range of conditions and contexts across the whole care continuum.
Healthcare leaders
Read More
Honeywell Makes Strategic Investment in RapidSOS’s ER Data Platform
What You Should Know:
- Today, Honeywell announced it has made a strategic investment in RapidSOS, an NYC-based emergency response data platform, to further modernize and digitize the public safety communications process.
- In addition to the strategic investment, Honeywell Connected Life Safety System (CLSS) will integrate with the RapidSOS emergency response data platform to provide faster, more accurate communications
Read More
Philips Launches First At-Home, 12-Lead ECG Integrated Solution for Decentralized Clinical Trials
What You Should Know:
- Philips introduced the industry’s first full-service, at-home, 12-lead electrocardiogram (ECG) solution for use in decentralized clinical trials.
- The solution is the most advanced patient-centric ECG offering within the company’s cardiac monitoring portfolio, pairing data readings comparable to clinical, site-based ECGs with Philips leading cloud-based data collection and analysis services.
Patient Attrition Issues
Patient attrition is one of the biggest
Read More
Swiftarc Ventures Launches $75M Telemedicine Venture Fund
What You Should Know:
- Swiftarc Ventures, an NYC-based early and growth-stage consumer and consumer health-focused venture capital firm announced it has launched a $75M telehealth-focused venture fund.
- The telehealth fund is aimed at harnessing breakthrough innovation opportunities currently emerging from key legislative changes in healthcare delivery within the United States and globally.
Investment Thesis
In the past, the three-pillared U.S. healthcare system (Patients,
Read More
Biotricity Awarded FDA 510(k) Clearance for Cardiac Monitoring Device
What You Should Know:
- Biotricity, Inc. (NASDAQ:BTCY), a medical diagnostic and consumer healthcare technology company, today announced it has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for its Biotres Cardiac Monitoring Device, a three-lead device for ECG and arrhythmia monitoring that is intended for lower-risk patients.
- Most remote cardiac monitors are passive — they don’t record ECG and other cardiac data in real-time — and lack cross-compatibility
Read More
LifeWorks Acquires Breaking Free, Digital Substance Use Disorder Treatment Platform
What You Should Know:
- LifeWorks, a provider of comprehensive mental health, digital and in-person total wellbeing solutions, today announced the acquisition of Breaking Free, a provider of evidence-based behavioral health SaaS solutions for substance use intervention.
- The addition of Breaking Free’s solution in substance use intervention to the LifeWorks platform will result in further enhancing the mental health service clients can seamlessly access through the LifeWorks wellbeing
Read More
RecoveryOne, Cigna Offers Virtual Physical Therapy for Medicare Advantage Customers
What You Should Know:
- RecoveryOne, a digital health innovator dedicated to improving health outcomes for recovery from musculoskeletal (MSK) injuries of all types and reducing costs, announced an expansion of its partnership with Cigna to offer its virtual physical therapy and broad MSK solution for Medicare Advantage (MA) customers as an in-network benefit.
- This new benefit builds on the partnership between Cigna and RecoveryOne announced
Read More
Al-Futtaim Partners with TytoCare to Expand Digital Health Services
What You Should Know:
- TytoCare, a global all-in-one modular device and examination platform for AI-powered, on-demand, remote medical exams, announced today its partnership with Al-Futtaim Electronic-Techserve, a group company of Al-Futtaim. The partnership with TytoCare will enable Al-Futtaim to broaden its reach across the healthcare spectrum, covering all touchpoints, from specialists to local clinics.
- Al-Futtaim Group is a large
Read More
