The pandemic disrupted many industries, but few experienced the level of change seen in healthcare. During the pandemic, the healthcare industry evolved from slowly adopting technology to implementing new technology strategies virtually overnight to continue patient care, most notably through telehealth. Moreover, during the pandemic, government deregulation helped drive a surge in virtual care, which was especially critical for patients with chronic conditions and at high risk if they were to
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Digital Health | News, Analysis, Insights - HIT Consultant
Clinician Burnout, Nursing Staffing Shortage: 7 Exec Predictions to Watch
From clinician burnout to nursing staffing shortages, we asked executives to share their clinical predictions to watch in 2022 and beyond.
Angie Franks, CEO of ABOUT
Health system leaders will be focused on addressing dangerously high rates of clinician burnout and labor shortages across all roles, coupled with continued revenue and margin pressure. So it will be more important than ever for healthcare organizations to operate as a system and leverage all of their resources to ensure
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Uber Health Hires First Chief Medical Officer, Aledade’s New CEO, Other Digital Health Appointments
Uber Health, Uber’s healthcare arm, announced its first Chief Medical Officer, Dr. Michael Cantor. Dr. Cantor will enable Uber Health to continue building innovative solutions that address the needs of patients, clinicians, and care coordinators. As a board-certified geriatrician, his experience designing clinical programs for older adults and vulnerable populations gives him unique insights into the most pressing gaps in care–and how technology can provide the flexible solutions needed to
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Alto Pharmacy Raises $200M to Expand Full-Service Pharmacy Delivery
What You Should Know:
- Alto Pharmacy (“Alto”), the leader in America’s rapidly expanding digital pharmacy market, raised approximately $200 million in an oversubscribed series E financing round led by returning investor Softbank Vision Fund.
Free hand-delivery to your door
Despite the pandemic, the retail pharmacy industry has been one of the slowest to use technology to improve the customer experience. Founded in 2015, Alto is a full-service pharmacy powered by a team of experts
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Talkiatry Lands $37M to Expand In-Network Psychiatric Care
What You Should Know:
– Talkiatry, a leading provider of in-network psychiatric care raised an additional $17M from Left Lane Capital, which totals their current funding to $37M in Series A funding. The completion of this round will support Talkiatry in responsibly scaling mental health services across the United States with national insurance contracts.
- The company also appointed Samson Walla as its Vice President of Operations. Walla joins Talkiatry from Uber, where he served as
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The Next Evolution of Telehealth and What It Will Take to Get There
Telehealth has been majorly beneficial to millions of patients and providers throughout the pandemic. To continue being efficient and delivering results, however, virtual care must evolve quickly. Healthcare organizations will need to implement telehealth for use cases beyond the reactive video-only model they’ve grown used to during COVID. Now, there is an innate need for telehealth to encompass a broader range of conditions and contexts across the whole care continuum.
Healthcare leaders
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Honeywell Makes Strategic Investment in RapidSOS’s ER Data Platform
What You Should Know:
- Today, Honeywell announced it has made a strategic investment in RapidSOS, an NYC-based emergency response data platform, to further modernize and digitize the public safety communications process.
- In addition to the strategic investment, Honeywell Connected Life Safety System (CLSS) will integrate with the RapidSOS emergency response data platform to provide faster, more accurate communications
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Philips Launches First At-Home, 12-Lead ECG Integrated Solution for Decentralized Clinical Trials
What You Should Know:
- Philips introduced the industry’s first full-service, at-home, 12-lead electrocardiogram (ECG) solution for use in decentralized clinical trials.
- The solution is the most advanced patient-centric ECG offering within the company’s cardiac monitoring portfolio, pairing data readings comparable to clinical, site-based ECGs with Philips leading cloud-based data collection and analysis services.
Patient Attrition Issues
Patient attrition is one of the biggest
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Swiftarc Ventures Launches $75M Telemedicine Venture Fund
What You Should Know:
- Swiftarc Ventures, an NYC-based early and growth-stage consumer and consumer health-focused venture capital firm announced it has launched a $75M telehealth-focused venture fund.
- The telehealth fund is aimed at harnessing breakthrough innovation opportunities currently emerging from key legislative changes in healthcare delivery within the United States and globally.
Investment Thesis
In the past, the three-pillared U.S. healthcare system (Patients,
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Biotricity Awarded FDA 510(k) Clearance for Cardiac Monitoring Device
What You Should Know:
- Biotricity, Inc. (NASDAQ:BTCY), a medical diagnostic and consumer healthcare technology company, today announced it has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for its Biotres Cardiac Monitoring Device, a three-lead device for ECG and arrhythmia monitoring that is intended for lower-risk patients.
- Most remote cardiac monitors are passive — they don’t record ECG and other cardiac data in real-time — and lack cross-compatibility
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