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Digital Health | News, Analysis, Insights - HIT Consultant

PathologyWatch Lands $25M for Digital Dermpath Lab Platform

by Jasmine Pennic 11/16/2021 Leave a Comment

PathologyWatch Lands $25M for Digital Dermpath Lab Platform

What You Should Know:  - Digital lab and pathology platform PathologyWatch, today announced $25 million in Series B funding with participation from Ceros Capital Markets, Rock Creek Capital,Springtide Capital, Spark Growth Ventures, Blueprint Health, Blackbrook Management Group, and existing investors. - AI in diagnostic services grew by 80% in 2020, largely in response to the COVID-19 pandemic, which also brought to our attention the need for more equitable and accessible healthcare. With
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Femtech Startup Rosy Wellness Secures $2M for Women’s Sexual Health

by Jasmine Pennic 11/16/2021 Leave a Comment

Femtech Startup Rosy Wellness Secures $2M for Women's Sexual Health

What You Should Know:  - Femtech startup Rosy Wellness, the app changing the sex lives of women across the country, announced today it raised an additional $2 million in seed funding led by Austin-based True Wealth Ventures with additional participation from Portfolia's Femtech II Fund and Mindshift Capital. The company will use the funding to support further development of its flagship platform, grow the team, and facilitate original research in women's sexual health.  - Founder
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AppliedVR Awarded FDA Approval for VR Therapeutic for Lower Back Pain

by Jasmine Pennic 11/16/2021 Leave a Comment

AppliedVR Secures $36M to Scale Therapeutic Virtual Reality Platform for Pain Management

What You Should Know:  - AppliedVR, an L.A.-based advancing the next generation of immersive therapeutics, today announced that the U.S. Food and Drug Administration (FDA) has granted de novo approval for its flagship immersive therapeutic, EaseVRx, to treat chronic low back pain, which previously received breakthrough device designation in 2020. The news also comes on the heels of AppliedVR announcing its $36M series B funding round, bringing its total funding to $71M. - Following
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Decentralized Clinical Research Will Be A Paradigm-Shifting Trend

by Zeenia Framroze, Director of Strategy and Business Operations at Sharecare 11/12/2021 Leave a Comment

The future of clinical research has arrived

The field of clinical research is on the precipice of change, and for good reason. Traditional clinical trials and processes are primarily confined to sterile, isolated clinical settings that are often narrow in scope and provider-centric. Researchers of tomorrow, however, already are identifying accurate and effective new methods to conduct and draw meaning from their work, after concluding that current models for clinical research are not capturing participants’ real-world, lived experiences
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Top 5 Digital Transformation Priorities for Healthcare Leaders

by Jasmine Pennic 11/11/2021 Leave a Comment

Top 5 Digital Transformation Priorities for Healthcare Leaders

What You Should Know: - Today Innovaccer Inc., the Health Cloud company, released the 2021 edition of “The Science of Digital Transformation in Healthcare and Why It’s Vital for Payer-Provider Collaboration.” - The survey report assessed more than 4,000 survey responses from healthcare professionals over the first six months of 2021 for their insights into healthcare organizations’ progress toward digital transformation. It also explores how cloud computing fits into payers’ and providers’
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AppliedVR Secures $36M to Scale Therapeutic Virtual Reality Platform for Pain Management

by Fred Pennic 11/11/2021 Leave a Comment

AppliedVR Secures $36M to Scale Therapeutic Virtual Reality Platform for Pain Management

What You Should Know: - AppliedVR, a Los Angeles, CA-based company advancing the next generation of immersive therapeutics, today announced $36 million in series B funding, bringing its total funding to $71M. The round, which included investments from F-Prime Capital, JAZZ Venture Partners, Sway Ventures and SVB Ventures, set up AppliedVR for rapid growth as it prepares for its decision from the FDA on its first de novo submission. - Virtual reality provides an immersive experience that
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Rad AI Nabs $25M to Automate Radiology Impressions, Save Time, Reduce Burnout, Improve Patient Care

by Jasmine Pennic 11/11/2021 Leave a Comment

Rad AI Raises $4M to Automate Repetitive Tasks for Radiologists Through Machine Learning

What You Should Know: - Rad AI, a Berkely, CA-based radiologist-led AI company, today announced $25M in Series A funding led by ARTIS Ventures with participation by several existing investors, including OCV Partners, Kickstart Fund, and Gradient Ventures (Google's AI-focused fund). - Rad AI Omni automatically generates a customized impression from the findings and clinical indication dictated by the radiologist, using the most advanced neural networks. It learns each
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Notable Labs Launches by Acquiring Rights to Volasertib – Will Use Data, AI to Fast-Track Cancer Treatment

by Fred Pennic 11/11/2021 Leave a Comment

What You Should Know: - Coming out of stealth, Notable Labs, a pioneer and developer of predictive precision medicines, is acquiring worldwide development and commercial rights to volasertib, a PLK-1 inhibitor in acute myeloid leukemia (AML) from Oncoheroes. - Notable will leverage its high-fidelity Predictive Precision Medicines Platform to identify and select volasertib-responsive patients prior to their treatment and fast-track volasertib’s clinical development
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Cue Health Launches DTC Virtual Health Platform Featuring COVID-19 Self Test

by Fred Pennic 11/11/2021 Leave a Comment

Cue Health Launches DTC Virtual Health Platform Featuring COVID-19 Self-Test

What You Should Know: - Cue Health (Nasdaq: HLTH), a healthcare technology company, launches its direct-to-consumer (DTC) virtual health platform, making its first-of-its-kind molecular COVID-19 test available to people across the United States. Cue helps keep NBA players safe both on and off the court, supports the well-being of Google’s employees wherever they are, and keeps front-line workers well informed at the Mayo Clinic. - Beyond COVID-19 testing needs, Cue’s virtual platform
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4 Hurdles On The Road to Hybrid Healthcare – Digital Transformation

by Larry English, President & cofounder of Centric Consulting 11/11/2021 Leave a Comment

4 Hurdles On The Road to Hybrid Healthcare - Digital Transformation

COVID-19 forced healthcare organizations to make a huge leap forward in their digital transformation roadmaps. Although many companies had plans on the books to advance telemedicine, the crisis revealed that virtual care is not only possible but in many cases is also preferred by patients. Virtual care also offers an opportunity to enhance the patient experience, improve population health, reduce costs and improve the work-life of healthcare providers -- the quadruple aim of
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