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Digital Health | News, Analysis, Insights - HIT Consultant

Sempre Health Secures $15M for Behavior-Based Healthcare Pricing Platform

by Fred Pennic 06/15/2021 Leave a Comment

Sempre Health Raises $8M for Behavior-based Healthcare Pricing Platform

What You Should Know: - Sempre Health, a behavior-based healthcare pricing platform to insurers to offer large prescription copay discounts to members for filling on time (to promote more medication adherence) today announced it has raised $15M in Series B funding led by Blue Venture Fund. Sempre has raised $26.5 million to date. - Sempre Health works with leading health plans and pharmaceutical companies to reduce out-of-pocket costs for patients who refill their prescriptions on
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ZS Acquires Digital Health Consulting Firm Medullan – M&A

by Fred Pennic 06/15/2021 Leave a Comment

ZS Acquires Digital Health Consulting Firm Medullan – M&A

What You Should Know: - Evanston-based global consulting firm ZS today who signed an agreement to acquire Medullan, an innovator in digital health strategy, experience design, technology enablement, compliance and research. Through the acquisition, ZS also gains Medullan’s pioneering virtual care platform, VARA™. Financial details of the acquisition were not disclosed. - The deal brings together two established leaders in professional services for the life sciences
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Doximity’s Medical Social Network Launches Announces IPO at $4B Valuation

by Fred Pennic 06/15/2021 Leave a Comment

Social Network for Medical Professionals Doximity Launches IPO

What You Should Know: -  Doximity, a leading digital platform for U.S. medical professionals announced its initial public offering (IPO) of 23,300,000 shares of its Class A common stock.  - The initial public offering price is expected to be between $20.00 and $23.00 per share. Doximity's Class A common stock is expected to trade on the New York Stock Exchange under the symbol "DOCS." - Founded in 2010, Doximity is the leading digital platform for U.S.
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Lyra Health Completes $200M at $4.6B Valuation for Digital Mental Health Platform

by Fred Pennic 06/14/2021 Leave a Comment

Lyra Raises Massive $187M at $2.3B Valuation for Digital Mental Health Platform

What You Should Know: - Lyra Health, a provider of comprehensive mental health care benefits for employers, today announced it has completed a $200M financing led by Coatue and joined by new investor Sands Capital, along with existing investors. - Lyra plans to accelerate its delivery of evidence-based mental health benefits for companies with employees located around the world. Smarter Mental Health Benefits, Better Outcomes Accessing and receiving mental healthcare is
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The Role of Digital Mental Health in the Healthcare Journey

by Alison Darcy, PhD, President and Founder, Woebot Health 06/14/2021 Leave a Comment

The Role of Digital Mental Health in the Healthcare Journey

With more than 20,000 apps available to address myriad mental health challenges with varying degrees of support, it’s clear that digital mental health is experiencing a boom. But there seems to be little consensus regarding the true role that digital therapeutics can and should play within the greater context of a patient’s mental health care journey. In order to better articulate this role, we need to take a person-centered view and understand how digital therapeutics can help people not just
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Wolters Kluwer Launches Telemedicine Value Sets for Health Insurance Claims

by Fred Pennic 06/11/2021 Leave a Comment

Wolters Kluwer Launches Telemedicine Value Sets for Health Insurance Claims

What You Should Know: - Wolters KluwerHealth released telehealth-specific value sets for use in health insurance claims processing, coordination of care, and benefits systems. - The company developed the value sets to meet the needs of payers and providers that are working to develop and refine long-term virtual care strategies. The timing for the value sets is crucial as payers and providers alike
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Linux Foundation Public Health creates the Global COVID Certificate Network

by Jasmine Pennic 06/11/2021 Leave a Comment

Linux Foundation Public Health creates the Global COVID Certificate Network (GCCN)

What You Should Know: - Linux Foundation Public Health (LFPH) announced a new collaborative network, the Global COVID Certificate Network, to facilitate the safe and free movement of individuals globally during the COVID pandemic. - The new collaboration will establish a global trust registry network that enables interoperable and trustworthy exchanges of COVID certificates among countries for safe reopening and provide related technology and guidance for implementation. - The
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Transcarent Raises $58M for Consumer-Directed Care Platform for Self-Insured Employers

by Jasmine Pennic 06/10/2021 Leave a Comment

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

What You Should Know: - Transcarent, a San Francisco, CA-based provider of consumer-directed healthcare to self-insured employers, just announced $58M in Series B funding led by many of the top health and tech investors, bringing its total funding to $98M. - Led by CEO Glen Tullman, an industry veteran who previously led Livongo and Allscripts, Transcarent is overhauling the self-insured healthcare industry - a market that is long overdue for disruption. Despite numerous efforts and
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Valo Health and Khosla Ventures Merge to Go Public in $2.8B SPAC Deal

by Fred Pennic 06/09/2021 Leave a Comment

Valo Health and Khosla Ventures Merge to Go Public in $2.8B SPAC Deal

What You Should Know: Valo Health, the technology company using human-centric data and artificial intelligence (AI) powered computation to transform the drug discovery and development process, and Khosla Ventures Acquisition Co. ("KVAC") (NASDAQ: KVSA), a special purpose acquisition (SPAC), announced today that they have entered into a definitive merger agreement. - The SPAC deal represents a pro forma market value of approximately $2.8B for the combined company. The combined company is
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Medable, Aural Analytics Partner to Develop Remote Cancer Digital Solutions

by Fred Pennic 06/09/2021 Leave a Comment

Medable Raises $78M to Expand Decentralized Clinical Trials Platform for Patient-Centered Drug Development

What You Should Know: - Medable announced today that it is now partnering with Aural Analytics to test and develop remote digital data tools and harmonization methods designed to assess the wellbeing of patients undergoing cancer treatment. - The addition of Aural Analytics’ speech biomarkers application improves outcomes data with important speech and language-based information about motor, cognitive, and respiratory function furthering the scope of digital measures which can be captured
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