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Digital Health | News, Analysis, Insights - HIT Consultant

Exec Hires: UCM Digital Health Names Rondi Rabuse as President & COO

by Jasmine Pennic 01/13/2023 Leave a Comment

Exec Hires: UCM Digital Health Names Rondi Rabuse as President & COO

What You Should Know: - UCM Digital Health, a digital health and telehealth provider, including a 24/7 emergency medicine triage, treatment, and navigation service, announced Rondi Rabuse as its newest president and chief operations officer. - With over three decades of experience in the healthcare field, Rabuse will help drive and accelerate UCM’s strategic growth plans, further enhancing UCM’s mission to improve the patient experience by removing barriers to access and improving
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Startup Velsera Launches to Advance Precision Health Through Data-Driven Solutions

by Fred Pennic 01/13/2023 Leave a Comment

Startup Velsera Launches to Advance Precision Health Through Data-Driven Solutions

What You Should Know:  -  New company Velsera was announced at the J.P. Morgan Healthcare Conference supported by thematic-focused impact fund Summa Equity (“Summa”). - Velsera sets out to amplify the impact of clinicians, researchers and scientists for the benefit of patients around the world. Velsera creates a software platform out of science, technology, and informatics, making data actionable, accelerating the pace and potential of multi-omics. - Velsera, headquartered in
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SmartRx Launches Prescription Discount Cards, with Premium Savings Options

by Syed Hamza Sohail 01/12/2023 Leave a Comment

SmartRx

What You Should Know: - Higher prices across most health-related goods and services have consumers reeling to find better options to save money. - Starting today, these consumers have access to SmartRx, the newest prescription discount card. While designed to compete directly with GoodRx, SingleCare, Carecard, SmartRx(a division ofSmarty) acts as a premium health savings that goes beyond prescription drugs.  Offering Consumers a One-Stop For Premium Health Savings On
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M&A: OpenLoop Acquires Reliant.MD’s Practice Group

by Fred Pennic 01/11/2023 Leave a Comment

OpenLoop Acquires Reliant.MD’s Practice Group

What You Should Know: - OpenLoop Health, a leader in white-label telehealth support services powering virtual and hybrid care across the country, today announced its acquisition of Reliant.MD's practice group. Financial details of the acquisition were not disclosed. - The acquisition enables OpenLoop to continue to expand the depth of its clinical services and further confirms its place as a leader in digital and hybrid healthcare delivery. - For Reliant Immune Diagnostics, Inc. the
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Walmart and Avanlee Care Team Up to Aid Caregivers

by Fred Pennic 01/11/2023 Leave a Comment

Walmart and Avanlee Care Launch Program to Aid Caregivers

What You Should Know: - Avanlee Care, a digital health tool for today’s caregivers is teaming up with Walmart to support the 65 million Americans currently caring for aging family members. As a part of Walmart’s “New Year Reset” program, the Avanlee Care app will be displayed and promoted at supercenter locations throughout Florida in the pharmacy and grocery sections of the stores. - This collaboration is the first of its kind for both brands. The partnership serves to educate and
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The Continuing Rise of AI in the Healthcare Sector in 2023

by Melissa Powell, COO of Genesis HealthCare 01/11/2023 Leave a Comment

The Continuing Rise of AI in the Healthcare Sector in 2023

The announcement in September 2022 that the health tech company Iodine Software was entering into a partnership with the software platform TruCode “to upend clinical administration using artificial intelligence” serves as one of the more recent reminders of AI’s considerable impact on the healthcare sector. Certainly, it will be felt not just in the administrative realm, but also in the clinical and operational aspects as well. And given the challenges presented by a rapidly aging population,
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90% of Americans Used Telehealth in The Past Year, Survey Finds

by Syed Hamza Sohail 01/11/2023 Leave a Comment

90% of Americans Used Telehealth in The Past Year, Survey Finds

What You Should Know: - Independa, an award-winning TV-based platform providing remote engagement, education and care, recently announced the results of their latest commissioned survey examining behaviors and attitudes of smart TV users and their experiences surrounding telehealth - Results from the November 2022 study found that over 90% of Americans used telehealth services in the last year, and that 90% enjoyed their experience. Some of these services included doctors appointments,
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Exec Hires: Former WebMD Exec Joins ODAIA as New Chief Commercial Officer

by Digital Health Executive Hires 01/11/2023 Leave a Comment

Exec Hires: Former WebMD Exec Joins ODAIA as New Chief Commercial Officer

What You Should Know: - ODAIA, the company empowering pharma’s next generation of engagement with healthcare professionals through predictive analytics announces the appointment of Dr. Eric Trépanier (Pharm.D, CFA) as its new Chief Commercial Officer.  - As Chief Commerical Officer, Trépanier will drive sales of ODAIA’s MAPTUAL Sphere and MAPTUAL Field products, which aim to expand and deepen relationships between physicians and the commercial teams and sales reps at pharma
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Digital Health Funding Reaches $15.3B in 2022 Across 572 Deals, Rock Health Reports

by Syed Hamza Sohail 01/10/2023 Leave a Comment

Digital Health Funding Reaches $15.3B in 2022 Across 572 Deals, Rock Health Reports

What You Should Know: - In a downtrodden market climate, things don’t need to feel doom and gloom, according to Rock Health’s Annual 2022 digital health funding report. 2022 was a necessary reminder that investment is cyclical and that strong players build resilience in weathering funding climate changes. - Analysts expect that 2023 will be built up on slow, steady, and maybe even boring strategies for healthcare startups and enterprises alike: managing cash, restructuring to accommodate
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2022 Healthcare Investment, M&A, IPO Market Trends/Insights

by Syed Hamza Sohail 01/10/2023 Leave a Comment

2022 Healthcare Investment, M&A, IPO Market Highlights/Trends

What You Should Know: - The latest edition of SVB's Healthcare Investments and Exits report provides information on VC fundraising, investments and M&A and IPO trends - along with subsector analysis and video commentary for each. - Healthcare trends indicate US healthcare VC investment was healthy in 2022 despite an economic downturn. There's plenty of dry powder to deploy; however, investments and exits are slowing due to the volatile market. Trends and Insights – Healthcare
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