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Digital Health | News, Analysis, Insights - HIT Consultant

Sorcero Raises $10M for AI-Powered Medical Language Intelligence Platform

by Jasmine Pennic 09/16/2021 Leave a Comment

Sorcero Raises $10M for Medical/Technical Language Intelligence Platform

What You Should Know: - Sorcero, a provider of medical and technical Language Intelligence (LI), today announced the close of a $10M Series A financing round led by CityRock Venture Partners and Harmonix Fund. The round also included participation from Rackhouse, Mighty Capital, and Leawood VC, and joining previous investors, Castor Ventures and Worldquant Ventures, to support the increasing demand from new and existing customers. - Sorcero’s Language Intelligence platform combines the
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Rune Labs Lands $22.8M to for Neurology Precision Medicine Platform

by Jasmine Pennic 09/16/2021 Leave a Comment

Rune Labs Lands $22.8M to for Neurology Precision Medicine Platform

What You Should Know: - Today, Rune Labs, founded by the former head of Google neuroscience, announced a $22.8M Series A round for the development and delivery of precision medicine for neurodegenerative and psychiatric disorders and diseases like dementia, Alzheimer’s, and Parkinson’s, as well as neurological conditions resulting from COVID infections. The round was led by Eclipse Ventures with participation from current investors including DigiTx and Moment Ventures. Justin Butler, Partner
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Flywheel Acquires Radiologics, Raises $22M for Biomedical Research Platform

by Fred Pennic 09/16/2021 Leave a Comment

Flywheel Acquires Radiologics , Raises $22M for Biomedical Research Platform

What You Should Know: - Flywheel, a biomedical research data management platform, announced the acquisition of St. Louis-based Radiologics. The two organizations’ combined capabilities in imaging research data management and analytics provide the medical research community unrivaled end-to-end research workflow solutions—from open source to global enterprise. - In addition, the company announced a $22M Series C funding round led by 8VC with participation from investors iSelect, Argonautic
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Caresyntax Raises Additional $30M for Digital Surgery Platform

by Fred Pennic 09/16/2021 Leave a Comment

Caresyntax Raises Additional $30M for Digital Surgery Platform

- Caresyntax, a digital surgery platform, today announced a $30M extension to its Series C funding round included participation from BlackRock, ProAssurance, and Harmonix. In addition to existing investors such as the Relyens Group and IPF Partners. This extension brings the total Series C funding to $130M. - Caresyntax’s digital surgery platform uses proprietary software and artificial intelligence to analyze large volumes of real-world data in and around the operating room to deliver
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Swift Medical Launches AI Digital Wound App to Support Clinical Trials

by Jasmine Pennic 09/15/2021 Leave a Comment

Swift Medical Launches AI Digital Wound App to Support Clinical Trials

What You Should Know: Global digital wound care provider Swift Medical, today announced the launch of a new application specifically designed to help pharma and med device researchers conduct decentralized clinical trials. Since patients are now doing more trials at home, study coordinators have had trouble tracking skin side effects remotely -- or trusting patients to conduct adequate analysis and recording on themselves. - Swift Medical’s first product, Swift Skin and Wound, provides an
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IncludeHealth Launches Device Agnostic Musculoskeletal Operating System

by Jasmine Pennic 09/15/2021 Leave a Comment

IncludeHealth Launches Device Agnostic Musculoskeletal Operating System

What You Should Know: - IncludeHealth, a digital musculoskeletal (MSK) health company, launched its proprietary Musculoskeletal Operating System (MSK-OS™) in collaboration with Google and ProMedica Health System.  The MSK-OS™ is a hardware-free, device-agnostic platform combining the most accessible, measurable pose estimation technology available with proprietary clinical intelligence and tools to transform virtual MSK care delivery. - The new MSK-OS™ platform will power the next
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Tia Raises $100M to Build Modern Medical Home for Women

by Fred Pennic 09/14/2021 Leave a Comment

Tia Raises $100M to Build Modern Medical Home for Women

What You Should Know: - Women's healthcare company Tia just announced a $100M series B round, representing one of the largest raises for a woman-led startup at the series B stage. - Tia now provides whole-woman care to women throughout their entire lives via a blended virtual and in-person care model that fuses primary care, mental health, gynecological care and other wellness services like acupuncture. Backed by a care coordination team and proprietary software system, Tia delivers care
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Lightstone Ventures Raises $375M Fund to Invest in Early Stage Biotech and Medtech Companies

by Fred Pennic 09/14/2021 Leave a Comment

Lightstone Ventures Raises $375M Fund to Invest in Early Stage Biotech and Medtech Companies

What You Should Know: - Lightstone Ventures today announced the closing of Lightstone Ventures III with $375M in capital commitments, to invest in early-stage companies developing high-impact therapeutics and technologies. - The new fund was oversubscribed, exceeding the firm’s targeted raise, and included strong support from both new and existing limited partners. With the closing Fund III, Lightstone Ventures also announced the appointments of Christina Isacson, Ph.D., as Partner and
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NHS Deploys TytoCare’s Telehealth Solution to 14 Trusts Across UK

by Jasmine Pennic 09/14/2021 Leave a Comment

COVID-19 Spikes Deaconess Health Adoption of Remote Medical Exams

What You Should Know: - TytoCare, an NYC-based all-in-one modular device and examination platform for AI-powered, on-demand, remote medical exams, today announced its expanded partnership with the NHS that will see the deployment of TytoCare’s telehealth solution across 14 organizations and 26 projects in Yorkshire and Humber, including Leeds Children’s Hospital, Sheffield Children’s, and nearly 70 care homes. - The integration of the telehealth solution will allow clinicians to diagnose
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Medidata, Labcorp Partner to Expand Decentralized Clinical Trials for Digital Biomarker Discovery

by Jasmine Pennic 09/13/2021 Leave a Comment

Medidata, Labcorp Partner to Expand Decentralized Clinical Trials for Digital Biomarker Discovery

What You Should Know: - Medidata, a Dassault Systèmes company, today announced a first-of-its-kind partnership with Labcorp using the Medidata Sensor Cloud to introduce a new model to advance the use of medical-grade sensors in clinical trials and accelerate biomarker discovery. - As part of the partnership, Medidata will receive and process medical-grade sensor data within drug, vaccine and device trials across Labcorp Drug Development’s clinical trial portfolio,
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