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Digital Health | News, Analysis, Insights - HIT Consultant

Headspace Acquires AI Mental Health Startup Sayana

by Fred Pennic 01/12/2022 Leave a Comment

Headspace Acquires AI Mental Health Startup Sayana

What You Should Know: - Headspace Health, today announced the acquisition of Sayana, an AI-driven mental health and wellness company. With this acquisition, Headspace Health is expanding its ability to provide highly-personalized mental health care and content to its millions of users in 190+ countries.  - The acquisition comes approx. 6 months after the $3B merger of Headspace and Ginger, and will add further AI capabilities to what is the most accessible and comprehensive digital
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First Stop Health Launches Virtual Primary Care for Access to Urgent Care

by Jasmine Pennic 01/12/2022 Leave a Comment

First Stop Health Adds Virtual Primary Care as Whole-Person, Digital-First Service

What You Should Know: - First Stop Health® (FSH), a virtual care provider in the areas of telemedicine and virtual mental health, today announced the availability of Virtual Primary Care for its clients and members throughout the U.S.  - Virtual Primary Care gives members convenient, fast and affordable access to high-quality care while helping to lower healthcare costs for employers. How FSH Virtual Primary Care Features FSH Virtual Primary Care is available via app, website or
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Digital Health Funding Tops $29.1B Across 729 Deals in 2021

by Fred Pennic 01/11/2022 Leave a Comment

Rock Health Digital Health Funding Tops $29.1B Across 729 deals in 2021

What You Should Know: - Digital health funding in the U.S. reached $29.1 billion across 729 deals, according to latest research from Rock Health, a full-service venture fund dedicated to digital health. The total nearly doubles 2020’s $14.9B record with an average deal size of $39.9M. - The findings signal both the cause and effect of trends in the healthcare landscape as the digital health sector deals with major changes to its infrastructure, business models, and talent pool
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Transcarent Raises $200M to Expand Care Platform for Self-Insured Employers

by Fred Pennic 01/11/2022 Leave a Comment

Transcarent Raises $58M for Consumer-Directed Care Platform for Self-Insured Employers

What You Should Know: - Transcarent, a new and different health and care experience company for employees of self-insured employers and their families, today announced a $200M Series C round led by Kinnevik and Human Capital, with participation from Ally Bridge Group and leading health systems including Northwell Health, Intermountain Healthcare, and Rush University Medical Center. - The funding round also included participation from existing investors, including General Catalyst,
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Femtech Startup Diana Health Launches with $11M to Redesign Maternity and Women’s Health Programs

by Fred Pennic 01/11/2022 Leave a Comment

Diana Health Launches with $11M to Redesign Maternity and Women’s Health Programs

What You Should Know: - Diana Health, the healthcare provider redesigning maternity and women’s health in partnership with leading health systems, today announced $11M in Series A financing and collaboration with TriStar StoneCrest Medical Center, part of HCA Healthcare, one of the largest hospital systems in the U.S. - The funding, co-led byLRVHealthand.406 Ventures, with participation from existing investorAlleyCorp, will be used to launch Diana Health’s first locations in
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J&J Medical Devices Partner with Microsoft to Expand Digital Surgery Solutions

by Fred Pennic 01/10/2022 Leave a Comment

J&J Medical Devices Partner with Microsoft to Expand Digital Surgery Solutions

What You Should Know: Johnson & Johnson Medical Devices Companies (JJMDC) announced a strategic partnership with Microsoft to further enable our digital surgery solutions.  The Johnson & Johnson Medical Devices Companies (JJMDC) today announced that it will collaborate with Microsoft to further enable and expand JJMDC’s secure and compliant digital surgery ecosystem. The Microsoft Cloud will help JJMDC realize its vision of
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Castlight Health and Vera Whole Health Merge in $370M Deal

by Jasmine Pennic 01/07/2022 Leave a Comment

Castlight Health and Vera Whole Health Merge in $370M Deal

What You Should Know: - Castlight Health and Vera Health announce merger, the combined company will integrate Castlight’s market-leading navigation technology with Vera’s best in class advanced primary care model to expand access to care, reduce healthcare costs, and improve outcomes. Castlight Health, Inc. (“Castlight”) (NYSE: CSLT), a healthcare data and navigation company, and Vera Whole Health, Inc. (“Vera”), a pioneer in advanced primary care, jointly announced a merger agreement
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We Recall Drugs with Adverse Effects, So Why Not Recall AI Algorithms with Racial Bias?

by Ed Ikeguchi, MD, Chief Executive Officer, AiCure 01/07/2022 Leave a Comment

We Recall Drugs with Adverse Effects, So Why Not Recall AI Algorithms with Racial Bias?

Over the last decade, AI has transformed from a futuristic, hype-driven tool, to now being a daily part of our lives. We use AI for everything from unlocking our smartphones, to evaluating our credit scores, to helping clinicians make patient care decisions. In particular, the potential of AI to transform drug development and patient care is unparalleled – its ability to gather objective insights can help elevate a clinical trial’s data and bring potentially life-saving drugs to people in need
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Little Otter Raises $22M to Expand Pediatric Mental Health Platform

by Fred Pennic 01/06/2022 Leave a Comment

Little Otter Raises $22M to Expand Pediatric Mental Health Platform

What You Should Know: - Little Otter today announced a $22 million Series A raise - one of the largest rounds for a children’s mental health company at this stage - led by CRV. - The mental health startup provides a full umbrella of services to children and their families in a number of states and will use the investment to scale nationally by 2023. Little Otter, a San Francisco, CA-based digital mental health company to provide tools and treatment for both children and their
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What Are Digital Wallets and What Do They Mean for Healthcare?

by Curtis Bauer, Chief Product Officer, Sphere 01/06/2022 Leave a Comment

What Are Digital Wallets and What Do They Mean for Healthcare

Digital wallets are a payment option that continues to gain traction among consumers due to their simplicity and ease. Many providers, however, may be unfamiliar with the technology and how it can benefit their practices and patients.  At the most basic level, a digital wallet is a digital, mobile version of patients’ financial accounts that is easily accessible via a computer or smartphone, eliminating much of the need to carry an actual wallet. Digital wallets can be used by consumers
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