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Digital Health | News, Analysis, Insights - HIT Consultant

Wheel Secures $50M for White-Labeled Virtual Care Platform

by Fred Pennic 05/19/2021 Leave a Comment

Wheel Secures $50M for White-Labeled Virtual Care Platform

Wheel is Powering the Virtual Care Industry from Wheel on Vimeo. What You Should Know: - Wheel, a Austin, TX-based virtual care company, today announced a $50M series B round led by Lightspeed Ventures with participation from existing investors CRV, Silverton Partners, Tusk Venture Partners and J.P. Morgan. The round brings its total funding to $66M to date. - Today Wheel provides its white-labeled service to companies across a wide variety of industries, including publicly-traded
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Ro Acquires Modern Fertility to Integrate With Primary Care Platform

by Jasmine Pennic 05/19/2021 Leave a Comment

Ro Acquires Modern Fertility to Integrate With Primary Care Platform

What You Should Know: - Ro, today announced the acquisition of Modern Fertility, one of the fastest growing companies in women’s health. - This acquisition, one of the largest deals in women's health tech yet, will accelerate Ro's position as a leader in women's health and bring Modern Fertility’s fertility tests and reproductive health tools to our vertically integrated primary care platform. - Like Ro's patient-centric approach, Modern Fertility makes fertility more proactive,
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CommonHealth Integrates with 150 Providers to Power Secure Access to Personal Health Records

by Fred Pennic 05/19/2021 Leave a Comment

CommonHealth Integrates with 150 Providers to Power Secure Access to Personal Health Records

What You Should Know: - The Commons Project Foundation announced this morning that more than 150 new hospital providers have joined CommonHealth, the Android equivalent of Apple Health, including the VHA, Mass General Brigham, ChristianaCare, and UC San Diego Health. - CommonHealth, which is free and available for download on the Google Play Store, was developed by The Commons Project Foundation in collaboration with UCSF, Cornell Tech and Sage Bionetworks to give people more control over
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Cynerio Raises $30M to Expand Healthcare IoT Cybersecurity Platform

by Fred Pennic 05/19/2021 Leave a Comment

Cynerio Raises $30M to Expand Healthcare IoT Cybersecurity Platform

What You Should Know: - Cynerio, a leading provider of Healthcare IoT cybersecurity and asset management solutions, today announced it has secured $30 million in Series B funding led by ALIVE Israel HealthTech Fund, Israel's pioneering HealthTech investment fund. Existing investors, global VC Accelmed, RDC, Elron’s joint venture with Rafael, and Swiss-based growth investor, MTIP, also participated in the funding round. - Notably, the COVID-19 pandemic caused a nearly 50% increase in the
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MITRE Proposes a National Strategy for Digital Health

by Jasmine Pennic 05/19/2021 Leave a Comment

MITRE Proposes a National Strategy for Digital Health

What You Should Know: - MITRE has published a draft National Strategy for Digital Health that identifies a set of national priorities and guides the government and industry toward common goals. - MITRE has researched and identified candidate actions in the full version of the strategy, which leaders may consider for achieving each of these goals. Six Strategic Goals for a Healthier Population The six strategic goals MITRE has identified to revolutionize the health and well-being of
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Wellstar Health System Launches Global Digital Health And Innovation Center

by Jasmine Pennic 05/19/2021 Leave a Comment

Wellstar Health System Launches Global Digital Health And Innovation Center

What You Should Know: - Wellstar Health System has launched Catalyst by Wellstar, a global digital health and innovation center to connect and collaborate with industry-leading corporations, enterprise startups, and universities to fuel innovation. - To foster meaningful discussion, action, and philanthropy around healthcare innovation, the Catalyst by Wellstar leadership team will participate in a Wellstar Foundation-hosted Innovation Series virtual event on June 15. - The first
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DarioHealth Acquires Digital Behavioral Health Platform wayForward for $30M

by Fred Pennic 05/18/2021 Leave a Comment

DarioHealth Acquires Digital Behavioral Health Platform wayForward for $30M

What You Should Know: - DarioHealth Corp., a pioneer in the global digital therapeutics market, today announced it has entered into an agreement to acquire PsyInnovations, Inc. (dba wayForward), a behavioral health digital platform that includes AI-enabled screening to triage and navigate members to specific interventions, digital Cognitive Behavioral Therapy (CBT), self-directed care, expert coaching and access to in-person and telehealth provider visits.  - The wayForward platform
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7WireVentures Launches $150M Connected Consumer Health Fund

by Fred Pennic 05/18/2021 Leave a Comment

7WireVentures Launches $150M Connected Consumer Health Fund

What You Should Know: - Digital health venture capital firm 7WireVentures today announced it has closed a $150M Connected Consumer Health Fund to invest in early-stage digital health businesses that empower an Informed Connected Healthcare Consumer. - In addition to the fund, 7WireVentures announced the addition of new healthcare organizations to the Connected Consumer Health Coalition, a partnership of top health plans, health systems, employers, and life science organizations. Select
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Cue Health Raises $235M to Scale Connected, Molecular Diagnostic System

by Fred Pennic 05/13/2021 Leave a Comment

Cue Health

 What You Should Know: - Cue Health Inc., a health technology company, today announced the closing of a $235 million private financing round. The investment includes participation from new investors Perceptive Advisors, MSD Capital, and Koch Strategic Platforms, a subsidiary of Koch Industries, existing investors Johnson & Johnson Innovation – JJDC, Inc. (JJDC), Decheng Capital, CAVU Ventures, ACME Capital, and others. - In March, the FDA granted Emergency Use Authorization for
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CVS Health Expands Return Ready Vaccine Clinics to Accommodate Small Business & Schools

by Fred Pennic 05/12/2021 Leave a Comment

CVS Health Expands Return Ready Vaccine Clinics to Accommodate Small Business & Schools

What You Should Know: - Today, CVS Health announced that it will expand Return Ready, the company’s comprehensive COVID-19 solution that helps employers and schools return and maintain healthy communities, with scalable vaccine clinics to accommodate smaller workplaces/communities and schools given the Food and Drug Administration (FDA) emergency use authorization of the Pfizer-BioNTech vaccine for adolescents ages 12 to 15. - Small businesses and schools with more than
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