What You Should Know:
- DreaMed Diabetes AI, developer of the AI-powered Advisor Pro Clinical Decision Support System and expert-care platform for diabetes, announced today the expansion of its commercial relationship with the Pediatric Endocrinology Clinic at the University of Florida in Gainesville.
- The clinic will begin using the Advisor Pro Decision-Support System for people with Type 2 and Type 1 diabetes, enhancing its offering to healthcare practitioners and patients.
- Advisor
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Digital Health | News, Analysis, Insights - HIT Consultant
Personalized Screening is Key to Breast Imaging AI Market Reaching $205M by 2025
As October draws to a close, so does Breast Cancer Awareness Month (BCAM), or National Breast Cancer Awareness Month (NBCAM) as it is known in the US. Breast imaging AI vendors are heavily promoting this initiative to raise awareness of the disease and highlight the importance of women attending breast cancer screening appointments. Breast cancer screening programs are an important public health intervention, and initiatives like the BCAM may prompt eligible women to attend their screening
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Blue Shield of CA Adds Headspace App to Wellvolution Program to Improve Mental Wellbeing
What You Should Know:
- Blue Shield of California announced that mindfulness and meditation app Headspace is now available to its members through the nonprofit health plan’s Wellvolution program.
- Headspace offers hundreds of tools and more than 1,000 exercises to reduce stress and improve one’s mental wellbeing. The app joins the extensive resources offered on Blue Shield’s Wellvolution, a digitally based lifestyle medicine and health platform provided in collaboration with Solera Health
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Livongo Exec Launches FemTec Health with $38M to Transform Healthcare Experience for Women
What You Should Know:
- Today, former Livongo executive Dr. Kimon Angelides announced the launch of FemTec Health, a women's health sciences and beauty company with $38M in funding focused on using technology and data to transform the total healthcare experience for women.
- Investors, capital and shareholders include Longmont Capital, Ithaca LifeSciences, Unilever Ventures, Estee Lauder, Shiseido, e.Ventures, Viking Global, and Trinity Capital with more than $38M raised to date.
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Hinge Health Reaches $6.2B Valuation with $600M for Digital Musculoskeletal Care Solution
What You Should Know:
- Hinge Health, a San Francisco, CA-based digital musculoskeletal (MSK) solution, today announced $400 million Series E financing led by Tiger Global and Coatue Management with Alkeon and Whale Rock acquiring ownership as part of a $200 million secondary investment. At a $6.2 billion-dollar valuation, Hinge Health is now one of the most valuable companies in digital health.
- Hinge Health reduces MSK pain, surgeries, and opioid use by pairing advanced wearable
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Bayer, One Drop Launches AI-Enabled Cardiovascular Disease Prevention Solution
What You Should Know:
- One Drop, an AI powered chronic condition management platform, and pharma giant Bayer - their strategic partner/investor released their co-developed digital, AI-enabled, cardiovascular disease (CVD) prevention module.
- The digital-first approach to CVD prevention provides a holistic set of digital tools and coaching placing One Drop members on a healthier path by personalizing care, gathering data, and
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NorthShore Integrates with TytoCare to Expand Telehealth Offerings
What You Should Know:
- NorthShore University HealthSystem, today announced a new partnership with on-demand, remote medical exam provider TytoCare to expand its telehealth offerings. In May 2021, NorthShore launched an initial pilot with over 280 NorthShore employees that offered them Immediate Care with the TytoCare device and platform. The pilot exceeded target goals and allowed NorthShore employees to share their feedback to help shape the future of NorthShore patient care and refine the
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Healthcare SPAC Deep Medicine Acquisition Announces Pricing of $110M IPO
What You Should Know:
- Deep Medicine Acquisition Corp. (the “Company”), a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses announced today that it priced its upsized initial public offering of 11,000,000 units at $10.00 per unit.
- The units are expected to be listed on The Nasdaq Global Market (“Nasdaq”) and trade under the ticker
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Medable Secures $304M at $2.1B Valuation for Decentralized Clinical Trials Platform
What You Should Know:
- Decentralized Clinical Trials (DCT) leader Medable, today announced a $304M Series D funding round today – the company’s largest and fourth funding round in 18 months, bringing total capital raised to $521M – and valuation to $2B+. The funding round was co-led by new investors Blackstone Growth and Tiger Global and existing investor GSR Ventures. The round also includes follow-on investment from existing investors Sapphire
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Brave Health Raises $10M for Virtual Behavioral Health for Medicaid
What You Should Know:
- Brave Health, a Miami-based virtual behavioral health provider for Medicaid, today announced it has closed a $10M Series B round ($20.75M in total) led by City Light Capital, Union Square Ventures and Able Partners, bringing its total funding to $20.75M.
- Today, access to basic behavioral health services for the nation’s most vulnerable populations is a public health crisis. The percentage of psychiatrists accepting
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