What You Should Know:
- ConcertAI, LLC (ConcertAI), the leader in enterprise AI and real-world data (RWD) solutions for life sciences and healthcare, announced the close of its $150M in Series C led by Sixth Street at a $1.9B valuation.
- From its startup just five years ago, ConcertAI has emerged as one of the fastest-growing companies providing high-value software-as-a-service (SaaS) and data solutions to life sciences and biopharma companies, leading healthcare providers, contract
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Digital Health | News, Analysis, Insights - HIT Consultant
Brightside Health Raises $50M for Personalized Anxiety & Depression Care
What You Should Know:
- Today, Brightside Health announced it raised a $50M Series B, led by ACME Capital and Mousse Partners, bringing its total funding to $75M to date.
- The funding will help Brightside expand access to high-quality mental healthcare to more people across the country, enhance the platform, forge new partnerships, and grow as a team, from about 57 now to an expected 175 later this year.
Brightside Health, a telemedicine platform that offers fast access to
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LCMC Health Delivers Remote Pregnancy Care to More Than 1,200 Mothers Through Babyscripts
What You Should Know:
- Babyscripts, a virtual care platform for managing obstetrics, announced a one-year partnership with LCMC Health, a New Orleans-based, non-profit health system.
- The partnership has provided more than 1,200 mothers with equitable access to care through the Babyscripts virtual maternity care platform and has been shown to increase patient compliance to important maternal care guidelines.
LCMC Health Delivers Remote
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Altibbi Raises $44M for Middle East AI-Based Digital Health Platform
What You Should Know:
- Altibbi, the Middle East’s largest AI-based digital health platform raises $44 million in Series B fund funding led by Foundation Holdings, Hikma Ventures and existing investors Global Ventures and DASH Ventures. The Series B round marks the largest single financing round for a regional Digital Health company.
- Raising more than $50M in funds since its founding in 2011, Altibbi’s diverse shareholder base also includes high-profile investors Endeavor Catalyst,
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What The Finance Industry Can Teach Healthcare About Digital Transformation
The COVID-19 pandemic feels like a once-in-a-lifetime event for those of us involved in healthcare, but the patterns of how the crisis affected our industry feel familiar.
Stop me if you have heard this before: incumbent players in a broad industry made very slow and fragmented technological advances for years with no real threat to their business. Then, a sudden and transformational event catapulted direct-to-consumer technologies, forcing the incumbents to fundamentally alter their business
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LG Launches LA Business Innovation Center for Medical Environments
What You Should Know:
- LG Business Solutions USA has opened its new Los Angeles Business Innovation Center, the first comprehensive LG technology and education hub to focus on commercial displays and devices designed for medical environments, led by LG’s diagnostic and clinical review monitors, digital X-ray detectors and smart hospital TVs.
- The new Los Angeles Business Innovation Center is LG’s third in the United States (the others being in Chicago and Atlanta). They serve as
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Researchers Develop AI Method for Personalized Diabetes Treatment
What You Should Know:
- Hitachi, U of U Health, and Regenstrief researchers partnered to develop and test a new AI method to improve personalized care for diabetes patients needing complex drug treatment.
- The new AI method can now be used to help determine an optimal drug regimen for a specific patient.
Hitachi, University of Utah Health, and Regenstrief Institute today announced the development of an artificial intelligence (AI) method to improve care for patients with type 2
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CPQ: Optimizing MedTech Operations and Sales to Accelerate Cash Flow
The lead-to-cash process in most B-to-B organizations––particularly those operating in the medical device industry––is often complex and lengthy. This is even more apparent when operations, sales and customer success teams operate in manual and siloed environments.
In this all-too-common scenario, not only does it slow cash flow velocity, it also leaves the organization vulnerable to inconsistencies, inaccuracies and more errors every time a handoff occurs between
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RedDress Donates FDA-Cleared Wound Care Solution to Aid Injured Ukrainians
What You Should Know:
- RedDress, a Florida-based Israeli medical company is shipping revolutionary blood-clotting wound care systems to Ukraine to help with serious injuries and severe trauma wounds.
- RedDress began shipments of 400 of their ActiGraft systems this week to multiple hospitals in Ukraine to help treat civilian casualties as a result of the indiscriminate Russian attacks.
ActiGraft: Recreating the
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COTA Promotes Miruna Sasu to President and CEO
What You Should Know:
- COTA, Inc., an oncology real-world data and analytics company, announced today that Miruna Sasu, Ph.D., MBA, has been appointed president and chief executive officer.
- Since April 2021 when she was hired as the company’s chief strategy officer, Miruna has helped spearhead a series of research collaborations focused on investigating racial disparities in cancer care and the drug development process, including partnerships with the University of Chicago
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