What You Should Know:
- Biofourmis, a Boston-based global leader in virtual care and digital medicine, today announced that Intel Capital, the strategic investment arm of chipmaker Intel Corporation, has joined its Series D financing in an extension that brings the total funding raised in the round to $320M.
- The initial Series D funding round was announced in April and was led by global growth equity firm General Atlantic with participation by CVS Health (NYSE:CVS), Trevor
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Digital Health | News, Analysis, Insights - HIT Consultant
Cybercriminals Use Bots to Steal Active Pharmacy Accounts and Resell Prescriptions
What You Should Know:
- Cybercriminals are leveraging illegal bots to steal pharmacy accounts and resell prescriptions on a secondary market for in-demand substances, like Oxycodone, according to recent research from Kasada’s threat intelligence team.
has recently shared research by its threat intelligence team about a new, illegal use of bots -.
- Researchers have also identified an acceleration in this activity: over the past 60 days, the number of stolen pharmacy accounts available
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Welcoming Patients Through The Digital Front Door
When patients contact their healthcare providers, they look for efficiency, convenience, and compassion. But often, the reality is far more clunky and impersonal when they find that an out-of-date phone system or a long hold queue are their only options.
The secret to giving patients a more user-friendly experience and increasing engagement is to take a page from the corporate playbook. Emulating the modern conveniences patients get in other parts of their lives can help ensure
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Evidence Partners Raises $20M for Automated, Evidence-Based Research
What You Should Know:
- Evidence Partners has announced a growth financing round, their first ever, for $20M, led by Thomvest Ventures.
- With their new AI product DistillerSR, Evidence Partners are changing the way Literature Reviews are conducted, making them efficient, accurate, and less labour-intensive.
AI-Driven Literature Review Software
DistillerSR is a web-based platform that allows researchers to collaborate concurrently on the same projects from anywhere, without
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Digital Front Doors Create Personalized Patient Experience
Heightened patient expectations are changing the way healthcare services are delivered, from the way patients receive care to the way they pay for services and manage their conditions. A need for greater patient-centricity is changing the way payers, providers, and healthcare services organizations do business. The digital front door is an ecosystem of technologies patients use to engage with healthcare, starting from when they detect symptoms, to when they pay or receive post-appointment care.
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Sibel Health Raises $33M for Advanced Wearable Sensors for RPM
What You Should Know:
- Sibel Health has recently closed a $33M Series B financing round, bringing Sibel's total funding to date to more than $50M.
- In addition, Sibel has announced two new executive appointments. Jon Otterstatter, the former CEO and co-founder of Preventice (acquired by Boston Scientific in 2021), will join as chairman of the board. Matthew Banet, Ph.D., a world expert in advanced body-worn sensors and previously the CTO and co-founder of toSense and Sotera, joins as
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CVS Health in Talks to Acquire Signify Health
What You Should Know:
- Signify Health is exploring strategic alternatives including a sale, according to a Wall Street Journal report. Initial bids are due this coming week. Additional companies are also in acquisition discussions with Signfiy Health, and CVS could face competition from other managed-care providers and private-equity firms.
- The potential Signify acquisition has a market value of around $4.7 B after its shares rose on the news of a potential sale.
Leveraging
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Telehealth Utilization Grew 10.2% Nationally in May 2022
What You Should Know:
- In May 2022, for the second straight month, telehealth utilization, as measured by telehealth's share of all medical claim lines, grew nationally and in every US census region (Midwest, Northeast, South, West), according to FAIR Health's Monthly Telehealth Regional Tracker.
- FAIR Health reports national telehealth utilization increased 10.2 percent, from 4.9 percent of medical claim lines in April to 5.4 percent in May. Regionally, the greatest increase
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Diagnostic Robotics Raises $45M for Medical-Grade AI Triage & Clinical Predictions Platform
What You Should Know:
- Diagnostic Robotics has announced the closing of a $45M Series B funding round led by StageOne investors, with participation from Mayo Clinic, thus becoming a Mayo Clinic Platform portfolio company. Technion – Israel Institute of Technology, as well as other existing investors such as strategic angel investor Bradley Bloom, co-founder of Berkshire Partners, participated in this funding round as well.
- The new funding will be used to accelerate product development,
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Stanford Medicine Taps Komodo Health Platform to Study COVID-19 Ripple Effects
What You Should Know:
- Today, Komodo Health announced that its platform will be used in studies led by Stanford Medicine focused on the short- and long-term health impacts of COVID-19.
- Stanford’s Center for Population Health Sciences will use Komodo Health’s platform, AI analytics tools, and de-identified patient data to study the real-world effects of the pandemic on health outcomes among different patient populations. Initial research will include analyses of disparities in
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