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Digital Health | News, Analysis, Insights - HIT Consultant

Sesame Raises $27M to Expand Its National Healthcare Marketplace

by Fred Pennic 06/17/2022 Leave a Comment

Sesame Raises $27M to Expand Its National Healthcare Marketplace

What You Should Know: Sesame, the only company proven to lower the price of medical care for American consumers raises $27M in Series B financing to expand its national marketplace of high-quality, ultra-affordable medical care for all Americans, whether they are insured or not.  - The round was led by GV (formerly Google Ventures) with participation from TeleSoft Partners and FMZ Ventures, alongside existing investors General Catalyst, Industry Ventures, Coefficient Capital, Giant
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Walgreens Launches New Clinical Trial Business to Address Access & Diversity

by Fred Pennic 06/16/2022 Leave a Comment

The Walgreens-VA Partnership Demonstrates the Benefits of EHRs

What You Should Know: - Walgreens today announced the launch of its clinical trial business to redefine the patient experience and increase access and retention in sponsor-led drug development research. - Walgreens flexible clinical trial model combines the company’s vast foundation of patient insights, partner-enabled health and technology capabilities and in-person and virtual care options to break through barriers to engaging broader and more diverse communities. Patient Recruitment
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How IoT Data Integration Helps Deliver Improved At-Home Healthcare in 2022

by Patricia (Pat) Black, Director of Technical Solutions at Cardinal Peak 06/16/2022 Leave a Comment

How IoT Data Integration Helps Deliver Improved At-Home Health Care in 2022

When it comes to your health and treatment, hospitals leverage a variety of sensors and instruments to collect the necessary information to monitor and diagnose your health status. With essential health data integrated into one platform, healthcare professionals are able to quickly and easily monitor critical care parameters, which allows them to make decisions and deliver the best possible patient care.  Comprehensive big-picture insight into various health parameters, such as a patient’s
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Sanofi Taps Yseop to Accelerate Medical Writing and Reporting Processes

by Fred Pennic 06/16/2022 Leave a Comment

Sanofi Taps Yseop to Accelerate Medical Writing and Reporting Processes

What You Should Know: - Yseop, an artificial intelligence (AI) software company and pioneer in Natural Language Processing (NLP), today announced that Sanofi, the global healthcare company, has chosen to scale its natural language generation (NLG) capabilities with Yseop.  - Sanofi will use the platform to accelerate its clinical study submission processes and bring new treatments to patients faster. - Sanofi plans to continue to expand the use of the Yseop
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Intelerad & DiA Imaging Analysis Partner to Empower Echocardiography Labs with AI

by Jasmine Pennic 06/16/2022 Leave a Comment

Intelerad & DiA Imaging Analysis Partner to Empower Echocardiography Labs with AI

What You Should Know: - Intelerad Medical Systems and DiA Imaging Analysis, a leading global provider of AI-based ultrasound software solutions, today announced a new partnership to offer DiA’s LVivo Seamless AI-based cardiac ultrasound software solution as part of Intelerad’s cardiac imaging solutions, IntelePACS.  - This collaboration will empower Intelerad’s 2,000 global customers to access critical key measurement results for their echo studies, as well as will improve the
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bttn Raises $20M to Expand Next-Gen Healthcare Supply Distribution

by Fred Pennic 06/15/2022 Leave a Comment

bttn Raises $20M to Expand Next-Gen Healthcare Supply Distribution

What You Should Know: - bttn, a company building next-generation healthcare supply distribution, announced a $20 million Series A led by Tiger Global with participation from seed investor Fuse.  - Born out of the COVID-19 pandemic, bttn was created to help solve the lack of medical supplies facing healthcare workers and improve access. The company has one lofty goal: to digitally transform the massive, antiquated $250B/year medical supply
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Unlocking Interoperability with a Blockchain-Powered Network

by Mary Butler-Everson, SVP of Healthcare Product Innovations for PNC Treasury Management 06/15/2022 Leave a Comment

Unlocking Interoperability with a Blockchain-Powered Network

Achieving fluid data interoperability has been a complex and challenging goal for the U.S. healthcare system. The result of which has led to excessive administrative costs, delays in providing care, and significant patient frustration.  According to the Centers for Medicare and Medicaid Services, U.S. healthcare spending grew 9.7% in 2020, reaching $4.1 trillion, or $12,530 per person. This is forecasted to grow to $6.2 trillion by 2028, which will only exacerbate the current spending
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Proscia Raises $37M for AI-Enabled Pathology Platform

by Jasmine Pennic 06/14/2022 Leave a Comment

JPC Taps Proscia to Modernize World's Largest Human Tissue Repository

What You Should Know: - Proscia, a Philadelphia-based provider of digital and computational pathology solutions raises $37M to advance the way we understand and treat diseases like cancer. The round includes participation from Highline Capital Management, Triangle Peak Partners, and Alpha Intelligence Capital as well as existing investors including Scale Venture Partners, Hitachi Ventures, ROBO Global, Emerald Development Managers, and Razor's Edge Ventures. This investment brings Proscia's
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ResMed Acquires MEDIFOX DAN for $1B, Expands Healthcare SaaS Business

by Fred Pennic 06/14/2022 Leave a Comment

ResMed Acquires MEDIFOX DAN for $1B, Expands Healthcare SaaS Business

What You Should Know: - ResMed acquires MEDIFOX DAN, a German leader in software solutions for home health, nursing home, and outpatient therapy providers, for $1 billion. This acquisition marks ResMed’s largest SaaS acquisition to date and expands its SaaS business outside of the U.S. for the first time.    - As part of the acquisition, MEDIFOX DAN will integrate into ResMed’s SaaS business, allowing ResMed to serve new settings: outpatient therapy services, and youth
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Wavemaker Three-Sixty Health Closes $64M Fund to Invest in Early-Stage Startups

by Fred Pennic 06/14/2022 Leave a Comment

Wavemaker Three-Sixty Health Closes $64M Fund to Invest in Early-Stage Startups

What You Should Know: - Wavemaker Three-Sixty Health (Wavemaker 360), the nation’s leading venture fund focused on early-stage (primarily seed) healthcare disruptors and innovators, recently announced its Fund II news, closing at $64M, surpassing its first fund nearly four times over. - The goal for Fund II is to invest into 40-50 early-stage companies, with several investments already made into some of the most compelling healthcare start-ups in the areas of health-tech, digital health,
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