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Digital Health | News, Analysis, Insights - HIT Consultant

a16z Bio+ Health Partners with Bassett Health to Bring Digital Health Solutions to Rural New York

by Fred Pennic 11/07/2022 Leave a Comment

a16z Bio+ Health Partners with Bassett Health to Bring Digital Health Solutions to Rural New York

What You Should Know: - Andreessen Horowitz (a16z) Bio + Health fund today announced a strategic partnership with Bassett Healthcare Network, an integrated healthcare system in central New York state. - The strategic partnership aims to leverage digital healthcare technologies from a16z’s portfolio companies to address the inequities and systemic challenges of delivering high-quality healthcare to rural patient populations through Bassett Healthcare Network. Leveraging Digital Health to
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Willingness to Use Video Telehealth Increased During Pandemic, Study Finds

by Syed Hamza Sohail 11/07/2022 Leave a Comment

Willingness to Use Video Telehealth Increased During Pandemic, Study Finds

What You Should Know: - Americans’ use and willingness to use video telehealth has increased since the beginning of the COVID-19 pandemic, rising most sharply among Black Americans and people with less education, according to a new RAND Corporation study. - Following a representative survey panel of Americans from March 2019 through March 2021, researchers found that the willingness to use video telehealth increased overall from 51% in February 2019 to 62% in March 2021. Rising
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Hemanext Raises $18M to Expand Blood Storage and & Transfusion Tech

by Jasmine Pennic 11/07/2022 Leave a Comment

Hemanext Raises $18M to Expand Blood Storage and & Transfusion Tech

What You Should Know: Hemanext, a Lexington, MA-based blood processing, storage, and transfusion technology company raises $18M in Series B funding from noted global private investors with deep finance and healthcare expertise. To date, the company has raised approximately $130M (inclusive of $8M in grant funding from the National Institutes of Health). RBC Processing and Storage System The company's research and development efforts center on the study of hypoxically stored red blood
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Forrester Unveils 5 Healthcare Predictions for 2023

by Syed Hamza Sohail 11/04/2022 Leave a Comment

Forrester Unveils 5 Healthcare Predictions for 2023

What You Should Know: - A new dawn is on the horizon in healthcare. Equipped with new digital capabilities and pressured by new consumer expectations for personalized, convenient experiences, healthcare organizations face a predicament — act now and stay afloat, fail to act and get consumed by the competition, or risk financial ruin. - Market research leader Forrester’s latest report explores 5 key predictors for healthcare in 2023. Healthcare in the Era Post-Covid COVID-19
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Apple Adds Medication Tracking to iPhone. How Will It Impact The Specialty Patient Journey?

by Yishai Knobel, CEO and co-founder of RxWare 11/04/2022 Leave a Comment

Apple Adds Medication Tracking to iPhone. How Will It Impact The Specialty Patient Journey?

Imagine visiting your doctor’s office. Instead of swiping a copay card and filling out a paper form by hand, the receptionist says, “We take Apple Health.” You wave your iPhone over a digital kiosk, instantly uploading your current medical record and insurance information. Your copay is then deducted from a health savings account. Voila! The doctor will see you now. This scenario is no longer relegated to the distant future.
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SEMCAP Launches Investment Strategy to Address Healthcare Market Opportunity

by Fred Pennic 11/04/2022 Leave a Comment

SEMCAP Launches Investment Strategy to Address Healthcare Market Opportunity

What You Should Know: - Growth equity investor SEMCAP is launching SEMCAP Health, its healthcare investment strategy to address the significant opportunities at this unprecedented time in the healthcare industry. - SEMCAP Health takes influential minority or majority positions in high-growth healthcare tech and tech-enabled services business. The most recent example is SEMCAP Health’s investment in
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Transcarent Selects Prescryptive Health to Power Integrated Pharmacy Experience

by Jasmine Pennic 11/04/2022 Leave a Comment

Transcarent Selects Prescryptive Health to Power Integrated Pharmacy Experience

What You Should Know: - Transcarent and Prescryptive Health announced today a partnership to provide the industry’s most immersive, intelligent, and individualized pharmacy care experience. - Transcarent Pharmacy Care empowers Transcarent Members and their families with an entirely different consumer-directed experience that truly transforms their health and care journey and provides, for the first time, employers and health systems with maximum control over their formulary, benefit
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Ascensia Launches Diabetes Management and Analytics Platform in the U.S

by Syed Hamza Sohail 11/04/2022 Leave a Comment

Ascensia Launches Diabetes Management and Analytics Platform in the U.S

What You Should Know: - Ascensia Diabetes Care, a global diabetes care company, maker of the CONTOUR® blood glucose monitoring (BGM) system portfolio and exclusive distributor of Eversense® Continuous Glucose Monitoring (CGM) Systems, has launched its online diabetes management and analytics platform GlucoContro.online in the United States. - Now available in more than 15 countries globally and in the process of further expansion, GlucoContro.online support diabetes management by
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AI ‘s Role in Drug Discovery: Separating the Hype from the Hope

by Jonathan Montague, President & CEO at HotSpot Therapeutics 11/03/2022 Leave a Comment

Jonathan Montague, President & CEO at HotSpot Therapeutics

Forecasting the influence that artificial intelligence (AI)/machine learning technologies will have on the future of healthcare has created a cottage industry in the hype. From the overzealous aspirations of IBM’s Watson Health initiative to the inclusion of AI on Gartner’s 2021 Hype Cycle at the “Peak of Inflated Expectations,” so much noise has been made around AI/machine learning in healthcare that it can be difficult to appreciate the current impact of these technologies on drug discovery,
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Report: Virtual Care Still in ‘Wild West’ Days Sparking Confusion, High Optimism, Investment

by Syed Hamza Sohail 11/03/2022 Leave a Comment

Report: Virtual Care Still in ‘Wild West’ Days Sparking Confusion, High Optimism, Investment

What You Should Know: - A new "State of Virtual Care" report by Omada Health and Digital Medicine Society, in collaboration with Rock Health, reveals that buyers today are inundated with vendors labeling themselves “virtual care providers,” regardless of the care model they’re selling. This phenomenon is blurring their perception of V1C’s potential impact, and what that means for improvements in healthcare delivery and outcomes. - V1C solutions like Omada Health are changing the market,
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