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Digital Health | News, Analysis, Insights - HIT Consultant

BillionToOne Raises $125M to Expand Genetic Testing Platform

by Jasmine Pennic 03/30/2022 Leave a Comment

BillionToOne Raises $125M to Expand Genetic Testing Platform

What You Should Know: - BillionToOne, a next-generation molecular diagnostics company with a mission to create powerful and accurate tests that are accessible to all raises $125M in Series C funding co-led by Adams Street Partners and existing investor Hummingbird Ventures with significant participation from Baillie Gifford, Neotribe Ventures, Norwest Venture Partners, Civilization Ventures, Fifty Years VC, Pacific 8 Ventures, Time BioVentures, and Libertus Capital, among others. - This
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VivoSense Raises $25M for Wearable Sensor Biomarkers to Advance Clinical Trials

by Fred Pennic 03/30/2022 Leave a Comment

VivoSense Raises $25M for Wearable Sensor Biomarkers to Advance Clinical Trials

What You Should Know: - VivoSense, an agile end-to-end scientific solutions company developing novel digital endpoints from wearable sensor data raises $25 Million in Series A funding. - The financing will accelerate the development of novel digital biomarkers and improve digital clinical outcome assessments. VivoSense will also use this financing to expand and refine its informatics platform for data analysis from wearable and connected technologies to deliver validated digital
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Hims & Hers & Carbon Health Partner to Expand Care Options for California Customers

by Strategic Partnerships 03/30/2022 Leave a Comment

Hims & Hers & Carbon Health Partner to Expand Care Options for California Customers

What You Should Know: - Hims & Hers & Carbon Health partnership adds the seventh U.S. state to the Hims & Hers provider network, which enables seamless care for a wide range of conditions. - Collaboration advances Hims & Hers efforts to transform healthcare by adding another high-quality provider to its growing network of provider relationships. Hims & Hers Health, the multi-specialty telehealth platform focused on providing modern personalized health and wellness
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Why Telemedicine Isn’t A Temporary Fix — It’s The Future

by Doug McDonald, Director of Technology in the Office of the CTO at Extreme Networks 03/30/2022 Leave a Comment

Why Telemedicine Isn’t A Temporary Fix — It’s The Future

In March 2020, many office workers packed up their bags under the mandate of their employers, assuming they’d be working from home for a few weeks so the coronavirus could “blow over.” Fast-forward two years: many of those same employees have yet to step foot back into their old offices, and some never will again.  A similar trend is playing out in healthcare. When COVID-19 started, many health systems rapidly adopted virtual care models as a matter of necessity to keep as many non-COVID
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Invitae Launches Genomics-Forward Digital Health Platform

by Fred Pennic 03/30/2022 Leave a Comment

Invitae Launches Genomics-Forward Digital Health Platform

What You Should Know: - Invitae launches a seamless digital platform to enhance patient and provider experiences and further bring genetics to mainstream medicine. - Offering seamless integrations with EHR solutions, Invitae Digital Health will provide healthcare systems with a customizable suite of tools in a single, intuitive platform. Invitae, a San Francisco, CA, based medical genetics company, announced the launch of Invitae Digital Health—a connected
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ConcertAI Raises $150M at $1.9 Billion Valuation for RWD Platform

by Fred Pennic 03/29/2022 Leave a Comment

ConcertAI Raises $150M at $1.9 Billion Valuation for RWD Platform

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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Brightside Health Raises $50M for Personalized Anxiety & Depression Care

by Jasmine Pennic 03/29/2022 Leave a Comment

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

by Jasmine Pennic 03/29/2022 Leave a Comment

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

by Jasmine Pennic 03/28/2022 Leave a Comment

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

by Mike Serbinis, Co-Founder and CEO of League 03/28/2022 Leave a Comment

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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