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Digital Health | News, Analysis, Insights - HIT Consultant

Cornerstone AI Raises $5M to Solve Healthcare’s Data Problem

by Syed Hamza Sohail 07/18/2022 Leave a Comment

Cornerstone AI Raises $5M to Solve Healthcare’s Data Problem

- Cornerstone AI, a new company solving healthcare’s data challenges to improve research and care, publicly launched its first-of-its-kind AI platform. - The company also announced a $5M seed round led by Healthy Ventures. The funding marked the first investment for Initiate’s affiliated fund, Initiate Ventures. Healthy Ventures General Partner Anya Schiess and Initiate’s Rowan Chapman and lana Dimkova have joined Cornerstone’s board of directors. Funds will be used to further product
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ForSight Robotics Raises $55M to Develop Robotic Cataract Surgery Procedure

by Jasmine Pennic 07/18/2022 Leave a Comment

ForSight Robotics Raises $55M to Develop Robotic Cataract Surgery Procedure

What You Should Know: - Israeli-based ForSight Robotics, the pioneer in ophthalmic robotic surgery raises $55M in Series A funding to advance the world’s first surgical platform for fully robotic cataract surgery: ORYOM. The round was led by The Adani Group with existing investors Eclipse Ventures and Mithril Capital. A number of new investors, including Provenio Capital, Precision Capital, Reiya Ventures, the Ljungstrom family office, and other prominent private investors also joined the
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Zocdoc Launches its First-Ever Public API Platform: Zocdoc for Developers

by Syed Hamza Sohail 07/18/2022 Leave a Comment

Zocdoc Launches its First-Ever Public API Platform: Zocdoc for Developers

What You Should Know: - Zocdoc, the leading healthcare marketplace that makes it easy for people to find and book in-person or virtual care across +200 specialties and +12k insurance plans, announced the launch of Zocdoc for Developers, Zocdoc’s first-ever public API platform - The new public API expands Zocdoc’s unique interoperability capabilities beyond its Marketplace, positioning Zocdoc as the default infrastructure for digitizing the nation’s patient flow Zocdoc Syncs With a
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Wysa Secures $20M for AI-Powered Mental Health Chatbot

by Jasmine Pennic 07/14/2022 Leave a Comment

Wysa Secures $20M for AI-Powered Mental Health Chatbot

What You Should Know:  - Wysa, a Boston, MA-based AI digital platform for mental health, today announces it has secured $20M in financing led by HealthQuad, who along with British International Investment (BII), the UK’s development finance institution, joins earlier investors W Health Ventures, Kae Capital, Google Assistant Investments, and pi Ventures amongst others. - Funds will enable access to clinically evidenced digital therapeutics (DTx) in the US, UK, India and other global
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Blue Cross NC Expands Mental Health for Children, Underserved Areas Through Collaboration with Headway

by Syed Hamza Sohail 07/14/2022 Leave a Comment

Blue Cross NC Expands Mental Health for Children, Underserved Areas Through Collaboration with Headway

What You Should Know: - In its latest effort to address critical mental health needs in North Carolina, Blue Cross and Blue Shield of North Carolina (Blue Cross NC) today announced it is expanding its network of behavioral health providers through a collaboration with Headway, a mental healthcare company that works with insurers to deliver high-value mental healthcare.  - Together the two companies will make it easier for Blue Cross NC members to quickly access – as soon as 48 hours –
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UCI Health Partners with Luna to Expand Access to Care with In-Home Outpatient Physical Therapy

by Syed Hamza Sohail 07/14/2022 Leave a Comment

Luna Teams Up with UCI Health to Expand Access to Care with In-Home Outpatient Physical Therapy

What You Should Know: - Luna, the leading provider of in-home physical therapy, has teamed up with UCI Health, to expand access to patient care by providing in-home physical therapy across Orange County, California. - With a focus on evidence-based care, UCI Health is the only academic health system in Orange County and the clinical arm of the University of California, Irvine. Through the collaboration, UCI Health will leverage Luna’s platform to coordinate and deliver in-home physical
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COVID-19: Addressing the Urgent Mental Health Needs of Frontline Workers

by Jorge E. Palacios, MD, PhD - Senior Digital Health Scientist at SilverCloud Health 07/14/2022 Leave a Comment

COVID-19: Addressing the Urgent Mental Health Needs of Frontline Workers

It is no secret that one by-product of the ongoing pandemic is an exacerbation of the country’s mental health crisis. According to research from Johns Hopkins, one in four Americans experience a mental health disorder in a typical year. Yet among adults in the U.S. rates of depression have steadily climbed from 8.5% before the pandemic to an alarming 32.8% in October of 2021, according to research published in The Lancet Regional Health—Americas.   While it is vital that health systems rush
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Northwell Invests $10M in Brightline for Virtual Pediatric Behavioral Healthcare

by Syed Hamza Sohail 07/13/2022 Leave a Comment

Brightline Secures $72M to Expand Pediatric Behavioral Health Solution Nationally

What You Should Know: - Brightline, the category leader in virtual behavioral healthcare for children, adolescents, and families, announced a $10M investment by Northwell Health, New York's largest healthcare provider, bringing its total Series C funding to $115M. - This strategic investment and partnership will create greater access to innovative pediatric mental health services across the New York Metro area at a critical time for families. The Only National One-Stop-Shop
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$3.7 Trillion Reasons to Centralize Chronic Disease Management

by Ty Vachon M.D., Cofounder at Oatmeal Health 07/13/2022 Leave a Comment

3.7-Trillion-Reasons-to-Centralize-Chronic-Disease-Management

59% of all Americans (194 million) suffer from at least one chronic disease, and almost one in three adults has three or more chronic conditions.  Unfortunately, the problem will only get worse with time.  On the business front of chronic disease management, health care systems are already struggling with rising costs and uneven quality despite the hard work of well-intentioned, well-trained clinicians.  Health care leaders and policymakers have tried countless
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Geisinger Taps Cohere Health to Streamline Prior Authorizations

by Fred Pennic 07/13/2022 Leave a Comment

Geisinger Taps Cohere Health to Streamline Prior Authorizations

What You Should Know: - Today Geisinger Health Plan (GHP) and Cohere Health, a provider of utilization management (UM) technology, announced they are joining forces to streamline the prior authorization process for providers. - Cohere’s collaborative UM platform will help GHP support value-based care delivery, reduce administrative costs, and lead the nation in aligning quality improvement initiatives across all its lines of business, including
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