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Digital Health | News, Analysis, Insights - HIT Consultant

Rockley Photonics Develops Smaller, Powerful Chip for Health Wearables

by Syed Hamza Sohail 09/28/2022 Leave a Comment

Rockley Photonics Develops Smaller, Powerful Chip for Health Wearables

What You Should Know: - Rockley Photonics Holdings Limited, a global leader in photonics-based health monitoring and communications solutions, recently announced that it has developed what it believes to be the world’s first micro-transfer-printed (mTP) silicon-photonics-based laser for commercial applications. - This groundbreaking achievement is expected to allow Rockley to further increase the density and reduce the size of its high-density spectrophotometer chips — which are already
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New athenahealth Research Finds that Telehealth Fills Care Gaps

by Syed Hamza Sohail 09/28/2022 Leave a Comment

$17B athenahealth PE Firm Buyout Deal Near Closing - Health M&A

What You Should Know: - Increased usage of telehealth, driven by COVID-19, not only remains substantially above pre-pandemic levels but has also emerged as both a key diagnostic tool and treatment vehicle, according to new research from athenahealth. - The findings, announced today by athenahealth, a leading provider of network-enabled software and services for medical groups and health systems nationwide, suggest that telehealth is now integrated across the care continuum. The findings
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Fitbit & Google Cloud Launches Device Connect for Fitbit

by Fred Pennic 09/27/2022 Leave a Comment

Fitbit & Google Cloud Launches Device Connect for Fitbit

What You Should Know: - Today, Fitbit Health Solutions and Google Cloud are introducing Device Connect for Fitbit, which empowers healthcare and life sciences enterprises with accelerated analytics and insights to help people live healthier lives. - Fitbit data from their consenting users is made available through the Fitbit Web API, providing users with control over what data they choose to share and ensuring secure data storage and protection. Unlocking
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Optellum Raises $14M for AI-Enabled Lung Cancer Diagnosis

by Fred Pennic 09/27/2022 Leave a Comment

Optellum Raises $14M for AI-Enabled Lung Cancer Diagnosis

What You Should Know: - Optellum, an Oxford-based digital health company that provides a breakthrough AI platform to diagnose and treat early-stage lung cancer raises $14M in Series A funding led by Mercia, with additional investors Intuitive Ventures and Black Opal Ventures. Existing investors, including St John's College in the University of Oxford, IQ Capital, and the family office of Sir Martin & Lady Audrey Wood, also participated in this round. - The investment will enable
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Tavros Therapeutics Raises $7.5M to Develop Targeted Cancer Therapies

by Fred Pennic 09/27/2022 Leave a Comment

Tavros Therapeutics Raises $7.5M to Develop Targeted Cancer Therapies

What You Should Know: - Tavros Therapeutics, a precision oncology platform company leading the new frontier of targeted therapies exploiting tumors’ genetic vulnerabilities raises $7.5 million in Seed II financing co-led by existing investor Piedmont Capital Investments and new investor KdT Ventures, with participation from Alexandria Venture Investments. - Tavros launched in 2020 with a $3 million seed financing by Piedmont Capital Investments and a strategic collaboration with Zentalis
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Memorial Sloan Kettering Cancer Center Launches Telemedicine Platform

by Fred Pennic 09/26/2022 Leave a Comment

Memorial Sloan Kettering Cancer Center Launches Telemedicine Platform

What You Should Know: - Today, Memorial Sloan Kettering Cancer Center (MSK) announced it has collaborated with Accenture and Microsoft over the last 12 months to help develop and refine MSK Telemedicine. MSK Telemedicine was created to provide patients access to care during the COVID-19 pandemic and into the future, allows MSK patients and families to virtually interact with their entire care team, seamlessly replicating an in-clinic visit. - With the combined resources of Accenture,
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Digiceuticals: Driving Growth Through Digital Health Services

by Subhro Mallik, SVP & Head of Life Sciences at Infosys 09/26/2022 Leave a Comment

Digiceuticals: Driving Growth through Digital Health Services

There was tremendous interest in telemedicine before 2020. However, the COVID-19 pandemic made it a reality triggering unprecedented disruption across the industry. For instance, digital-first healthcare aggregators had been testing programs for telemedicine but, since 2020, the demand for telehealth services has exploded across the globe. Despite stabilizing forces such as vaccine rollouts, telehealth utilization remains 38 times higher than it was in the years before the pandemic (1). Health
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AWS Distributes $14M to 90 Organizations Through Health Equity Initiative

by Fred Pennic 09/23/2022 Leave a Comment

AWS Distributes $14M to 90 Organizations Through Health Equity Initiative

What You Should Know: - Amazon Web Services (AWS) announced that it has awarded $14 million in cloud services and technical expertise to help nearly 90 organizations around the world, ranging from startups and nonprofits to large enterprises, to address health equity challenges through the Health Equity Initiative. - AWS also introduced a new pillar of the program today to improve global equity in access to diagnostics. As non-communicable medical conditions account for 70 percent of
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American Diabetes Association Launches Amputation Prevention Alliance

by Jasmine Pennic 09/23/2022 Leave a Comment

American Diabetes Association Launches Amputation Prevention Alliance

What You Should Know: - The American Diabetes Association® announced a new initiative designed to address the urgent public health challenge of preventable amputation called the Amputation Prevention Alliance. Over 135,000 amputations occur every year in the United States, with the majority of those procedures being preventable, but due to challenges in accessing quality care, patients are forced into unnecessary amputations and even death.  - The Amputation
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Geneial Receives $2.3M NIH Grant for Decentralized Biomedical Data Platform

by Syed Hamza Sohail 09/22/2022 Leave a Comment

Geneial Receives $2.3M NIH Grant for Decentralized Biomedical Data Platform

What You Should Know: - Digital health company Geneial announces a $2.3M grant from the National Human Genome Research Institute to fund the development of their secure, decentralized platform. - Geneial will use $2.3M NIH award to build private, decentralized data platform facilitating research of genetic diseases. Geneial's platform will connect researchers of rare genetic diseases with relevant data while preserving patient privacy. Geneial's platform aims to help researchers leverage
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