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Digital Health | News, Analysis, Insights - HIT Consultant

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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NTT DATA Survey Reveals Lack Of Awareness Around Healthcare-At-Home Options & Preference for Telehealth

by Jasmine Pennic 03/07/2023 Leave a Comment

NTT DATA Survey Reveals Lack Of Awareness Around Healthcare-At-Home Options & Preference For Telehealth

What You Should Know: - A new NTT DATA survey reveals that 52% of U.S. adults did not know that healthcare providers are testing or working towards providing in-home medical care as opposed to requiring an in-office or hospital visit. Of those respondents, more than one out of three (35%) noted they currently would prefer to receive care in their home. - Garnering responses from 1,000 U.S.-based adults, the survey data uncovers that while the general consumer population is
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Is Education is the Catalyst to Increased Adoption of Handheld Ultrasound?

by Mustafa Hassan, Market Analyst at Signify Research 03/07/2023 Leave a Comment

Education is the Catalyst to Increased Adoption of Handheld Ultrasound

Handheld ultrasound has not yet reached mainstream adoption but the market is still forecast to reach over $500 million by 2026. Signify Research’s newly published Handheld Ultrasound Deep Dive Report 2022 shows that market revenues are estimated to have grown by approximately 30% in 2021, driven by strong growth in the US, the biggest market for handheld ultrasound. Despite the global challenges for handheld ultrasound vendors in 2022, such as rising inflation and supply chain disruptions, the
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Transcarent Acquires 98point6 AI-Powered Virtual Care Platform and Care Business

by Fred Pennic 03/06/2023 Leave a Comment

Transcarent Acquires 98point6 AI-Powered Virtual Care Platform and Care Business

What You Should Know: - Transcarent, a health and care experience company that makes it easy for people to access high-quality, affordable care announced it will acquire AI-powered virtual care platform and care business of on-demand primary care company, 98point6.  Financial details of the acquisition were not disclosed; however, insiders expect the deal to be valued at $100M. - As part of the acquisition, hundreds of 98point6 enterprise customers including Boeing, Kindercare and
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IDS Taps Veta Health to Expand Virtual Care Offerings

by Strategic Partnerships 03/03/2023 Leave a Comment

IDS Taps Veta Health to Expand Virtual Care Offerings

What You Should Know: - Veta Health and Indiana-based Interactive Digital Solutions (IDS) announced their strategic partnership to expand IDS's virtual care offerings through an exclusive reseller agreement. - The adoption of telehealth and virtual care has surged since the Covid-19 pandemic and the demand for solutions that extend beyond virtual visits is high. The partnership enables hospitals and health systems to contract with a single organization to provide a
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Surgo Health Launches RWD-Driven Socio-Behavioral Analytics Platform

by Jasmine Pennic 03/03/2023 Leave a Comment

Surgo Health Launches RWD-Driven Socio-Behavioral Analytics Platform

What You Should Know: - Surgo Health, a new healthcare technology company dedicated to personalized care announced its official launch in Washington, D.C. - Formed as a public benefits company (PBC), Surgo Health is building on the analytics and proprietary data assets from Surgo Ventures and is developing a revolutionary socio-behavioral analytics platform and generating novel, real-world data to enable a greater understanding of the complex factors that influence how individuals engage
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Generative AI Enters Healthcare with First Major Rollout that will Support 140+ Hospitals and 15,000+ Physicians

by Syed Hamza Sohail 03/02/2023 Leave a Comment

What You Should Know: - Abridge, the leader in AI-powered medical documentation, announced a partnership with The University of Kansas Health System that will mark the most significant rollout to date of generative AI in healthcare. - Abridge has already helped more than 2,000 clinicians and served more than 200,000 patients. By delivering a solution that optimizes patient-provider communication, the new partnership has the potential to serve and support more than 1,500 practicing
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Ryse Health Secures $6.5M for Type 2 Diabetes Care

by Fred Pennic 03/02/2023 Leave a Comment

Ryse Health Secures $6.5M for Type 2 Diabetes Care

What You Should Know: - Ryse Health, a healthcare technology company that’s committed to pursuing a world free from chronic diseases and raising the bar on Type 2 Diabetes care raises $6.5M in Series A funding led by Route 66 Ventures. The round also included support from W Health and Healthworx, the innovation and investment arm of CareFirst BlueCross BlueShield. - The company plans to use the funding to enable Ryse to continue to grow its team, strengthen its business operations, partner
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