What You Should Know:
- Today, Hinge Health, a digital MSK clinic for neck, back & joint pain, announced the appointment of James Budge as chief financial officer.
- In this role, he will be responsible for the company’s financial strategy, driving quarterly performance, and stewarding sustainable growth to make high-quality care more accessible and affordable.
James Budge Bio
James brings 25 years of CFO experience across a range of public and private
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Digital Health | News, Analysis, Insights - HIT Consultant
Accelerating Clinical Trials Through AI-Enabled Precision Oncology
The American Cancer Society’s Cancer Statistics 2023 report highlighted a few major accomplishments within oncology, such as decreased cancer mortality rates and increased trial diversity. However, there is still much work to be done. Especially with the multiple types of new and ongoing challenges clinicians and staff members are facing - such as high turnover rates, decreased budgets and increased feelings of burnout - taking the necessary steps to enhance clinical trial procedures is crucial
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Accenture: Data Collaboratives Hold Great Promise for Accelerated Healthcare Progress and Precision Medicine
What You Should Know:
- Accenture published Fast-Forwarding Healthcare through Data Collaboratives Report to discover how best health ecosystem players access data to fast-forward healthcare.
- Data generated by technical and scientific advances, like connected health devices, consumer health and medical-grade digital apps, individual multi-omics profiling data and the move to cloud storage, holds great promise for accelerated healthcare progress and precision medicine, and data
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ObvioHealth Launches Decentralized Clinical Trial for Migraine Treatment Device
What You Should Know:
- ObvioHealth and Mi-Helper, Inc. announce a partnership to conduct a decentralized clinical trial for a non-invasive neuromodulation device for the treatment of migraines. The randomized controlled trial will be fully remote, enabling data capture from home—where the device is intended to be used.
- Mi-Helper has been developed to meet a massive unmet need for effective, targeted, and drug-free pain management of migraines, a condition which impacts 1 billion
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Amboy Street Ventures Launches $20M Fund to Support Femtech Startups
What You Should Know:
- Amboy Street Ventures, the world's first venture capital firm focused on women's health and sexual health for all genders, closed its debut $20 million fund.
- Amboy Street plans to invest in the Seed and Series A stages of women’s health and sexual health startups to both lift associated stigmas and usher forward a new world of inclusive health and wellbeing.
Investment Thesis & Portfolio
The world is undergoing a massive social reformation
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OpenLoop Secures $15M for White-Label Telehealth Support
What You Should Know:
- OpenLoop, a leader in white-label telehealth support services powering virtual and hybrid care across the country, today announced it has raised a $15M Series A funding.
- The round was led by Nava Ventures, with participation from new investors UnityPoint Health Ventures and PrimeTime Ventures, and existing investors SpringTide Ventures and ManchesterStory. The company also announced a new nationwide insurance payer network that allows clients to offer reimbursable
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Protai Raises $20M to Build an Oncology Drug Discovery Pipeline
What You Should Know:
- Protai, a proteomics and AI-powered drug discovery startup revolutionizing the way new drugs are discovered, today announced a $12 million extension of its seed round, bringing the total amount to $20M.
- The round includes existing investors Grove Ventures and Pitango Healthcare and was joined by Copenhagen-based Maj Invest Equity Fund. The additional funding will be used to build Protai’s oncology drug discovery pipeline, expand data
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TytoCare Receives FDA Clearance for AI-Powered Tyto Insights for Wheeze Detection
- TytoCare, a virtual care company enabling accessible, high-quality primary care from home, today announced that it received FDA clearance for its Tyto Insights for Wheeze Detection, paving the way for its rollout in the US.
- The wheeze detection algorithm expands the company’s existing AI-powered Tyto Insights™ smart diagnostic capabilities, filling the quality gaps currently experienced with traditional telehealth and alleviating challenges imposed by the ongoing shortage of healthcare
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Lucid Hearing and Independa Launch World’s First Smart TV-Based Hearing Assessment on LG Smart TVs
What You Should Know:
- Lucid Hearing, a provider of holistic hearing healthcare, and Independa, an award-winning software platform providing remote engagement, education, and care, today announced the launch of the world's first smart TV-based hearing assessments. The announcement marks the first-of-a-kind offering to improve accessibility and promote better hearing health for all Americans.
- The partnership's breakthrough technology is
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