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Digital Health | News, Analysis, Insights - HIT Consultant

Philips Launches First At-Home, 12-Lead ECG Integrated Solution for Decentralized Clinical Trials

by Jasmine Pennic 01/26/2022 Leave a Comment

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
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Swiftarc Ventures Launches $75M Telemedicine Venture Fund

by Fred Pennic 01/25/2022 Leave a Comment

Swiftarc Ventures Launches $75M Telehealth 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,
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Biotricity Awarded FDA 510(k) Clearance for Cardiac Monitoring Device

by Jasmine Pennic 01/24/2022 Leave a Comment

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
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LifeWorks Acquires Breaking Free, Digital Substance Use Disorder Treatment Platform

by Fred Pennic 01/24/2022 Leave a Comment

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
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RecoveryOne, Cigna Offers Virtual Physical Therapy for Medicare Advantage Customers

by Fred Pennic 01/24/2022 Leave a Comment

RecoveryOne, Cigna Offers Virtual Physical Therapy for Medicare Advantage for Seniors

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
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Al-Futtaim Partners with TytoCare to Expand Digital Health Services

by Jasmine Pennic 01/24/2022 Leave a Comment

COVID-19 Spikes Deaconess Health Adoption of Remote Medical Exams

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
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Implementing Responsible AI to Drive Innovation in Clinical Research & Precision Medicine

by Prakriteswar Santikary, Ph.D., VP of Engineering and Technology at ConcertAI 01/24/2022 Leave a Comment

Implementing Responsible AI to Drive Innovation in Clinical Research & Precision Medicine

Researchers might be skeptical and, with people’s lives at stake, that’s understandable. Here’s how to take advantage of the advances while ensuring safeguards are in place. As artificial intelligence (AI) and machine learning drive innovation and disruption in clinical trials and precision medicine, questions around the responsible use of AI have moved to the forefront of debates among healthcare stakeholders – patients, providers, regulatory authorities, payors and sponsors. To what extent,
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Casana Raises $30M for Effortless Home Health Monitoring

by Fred Pennic 01/21/2022 Leave a Comment

Casana Raises $14 Million for In-home Heart Health Monitoring Device

What You Should Know: - Casana, a healthcare technology firm that is reinventing in-home health monitoring announced it has raised $30M in Series B funding, bringing the total capital raised to $46 million led by Morningside with participation from Matrix Partners, as well as Series A investors General Catalyst and Outsiders Fund. - The Series B funding will allow Casana to accelerate FDA submission of the Heart Seat with the goal to obtain FDA approval and bring this important new device
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Capital Rx, Independa, and LG TV Partner to Bring Discount Prescription Meds to Older Adults

by Jasmine Pennic 01/21/2022 Leave a Comment

Capital Rx, Independa, and LG TV Partner to Bring Discount Prescription Meds to Older Adults

What You Should Know: - Capital Rx is partnering with Independa, a telehealth engagement platform for seniors, to bring its prescription savings card to the older adult population via LG TVs. - Independa, a provider of TV-based remote engagement, education and care, and LG Electronics, a global leader in TV manufacturing, together launched the Independa Health Hub™ Ecosystem of Healthy Offerings on LG TVs at the 2022 Consumer Electronics Show. In introducing the Capital Rx Advantage
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Alphabet’s Verily + L’Oréal Partner to Advance Precision Skin Health

by Fred Pennic 01/20/2022 Leave a Comment

Alphabet’s Verily + L’Oréal Partner to Advance Precision Skin Health

What You Should Know: - Today, Alphabet’s Verily, a world leader in personalized medicine, and L’Oréal, the world leader in beauty, joined forces to lead a new era of precision skin health. - The first-of-its-kind partnership in the beauty industry aims to break down barriers to dermatology care and bring new insights to dermatologists that can help improve health outcomes for the nearly two billion people worldwide with skin issues. Strategic Partnership Addresses Unmet Need in
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