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Digital Health | News, Analysis, Insights - HIT Consultant

Bain Capital PE Makes Strategic Investment in CitiusTech

by Syed Hamza Sohail 10/20/2022 Leave a Comment

Bain Capital PE Makes Strategic Investment in CitiusTech

What You Should Know: - CitiusTech, a leading provider of technology and consulting services to healthcare and life sciences companies, today announced a strategic growth investment from Bain Capital Private Equity (“Bain Capital”). - Bain Capital joins Baring Private Equity Asia (“BPEA”), which acquired a majority stake in CitiusTech in 2019, as a significant shareholder to accelerate the Company’s growth. Financial terms of the private transaction were not disclosed. Technology-Driven
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Mayo Clinic Proceedings Launches Expansion Journal Focused on Digital Health

by Syed Hamza Sohail 10/19/2022 Leave a Comment

New Mayo Clinic Proceedings Launches Expansion Journal Focused on Digital Transformation

What You Should Know: - Mayo Clinic will launch a new Mayo Clinic Proceedings expansion journal on digital health, with the first issue to be published in early 2023. Articles will be published ahead of issue as they are accepted.   - The journal, Mayo Clinic Proceedings: Digital Health, will focus on the digital transformation that is reshaping healthcare. It will join Mayo Clinic Proceedings: Innovations, Quality & Outcomes, an open-access journal edited by Taimur
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Prenuvo Raises $70M for Whole Body MRI Scans

by Fred Pennic 10/18/2022 Leave a Comment

Prenuvo Raises $70M for Whole Body MRI Scans

What You Should Know: - Prenuvo, an Redwood City, CA-based advanced, radiation-free whole body imaging for early detection of cancer and other diseases raises $70M in Series A equity and debt funding led by Felicis, with participation from existing investors including Tony Fadell, NYT bestseller author and founder of Nest; Dr. Timothy A. Springer, Lasker award recipient; Anne Wojcicki, CEO of 23&Me; Steel Perlot, with Eric Schmidt as chairman; entrepreneur Rande Gerber; and wellness
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BioIntelliSense Acquires Patient Monitoring Company AlertWatch

by Fred Pennic 10/18/2022 Leave a Comment

BioIntelliSense Acquires AlertWatch to Expand Continuous Patient Monitoring Solutions

What You Should Know: - BioIntelliSense, Inc. acquires AlertWatch, an FDA-cleared, clinically proven patient monitoring solution. AlertWatch uniquely provides robust integration, data analysis and a patented intuitive display of contextual patient data for more efficient, actionable clinical decisions. - As part of the recently announced strategic partnership with Medtronic, its Patient Monitoring business will distribute AlertWatch to hospitals throughout the U.S.
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Viome Raises $67M to Expand Microbiome & At-Home Test Kits

by Jasmine Pennic 10/18/2022 Leave a Comment

Viome Raises $67M to Expand Microbiome & At-Home Test Kits

What You Should Know: - Viome Life Sciences, a mission-driven digital health company, announced additional $67M in funding toward its Series C round. - Led by Bold Capital Group, the $67M raise brings the company’s total funding to over $150M and will be used to support the development of its at-home tests that leverage precision nutrition to improve health and increase longevity by addressing the epidemic of chronic diseases, cancers, and aging. - Viome will expand its proprietary mRNA
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EngagedMD Raises $11MM for Modern Fertility Treatment

by Fred Pennic 10/18/2022 Leave a Comment

EngagedMD Raises $11MM for Modern Fertility Treatment

What You Should Know: - EngagedMD, Inc., a global technology company serving both clinics and patients in the fertility space raises $11M led by MonCap. - As part of the investment, EngagedMD welcomes Jonathan Sockol, Managing Partner of MonCap, to the Company's Board. Modern Fertility Treatment EngagedMD offers the leading eLearn and eSign solutions for the fast-growing fertility sector, supporting the journeys of more than half of all fertility patients in the
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Deloitte Report: State of AI & Adoption in Healthcare

by Syed Hamza Sohail 10/18/2022 Leave a Comment

Deloitte State of AI and Adoption in Healthcare

What You Should Know: - To provide valuable industry insight, Deloitte has released its State of AI 5th edition research report, which surveys global business leaders and executives on how businesses and industries are deploying and scaling AI. - The report includes valuable insights into the healthcare sector’s current successes in deploying AI, including where companies are working to enhance processes around a patient’s journey.  Fuelling the AI Transformation: Four Key Actions
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SURGE Therapeutics Raises $26M to Accelerate Intraoperative Immunotherapy

by Syed Hamza Sohail 10/18/2022 Leave a Comment

SURGE Therapeutics Raises $26M to Accelerate Intraoperative Immunotherapy

What You Should Know: - SURGE Therapeutics (SURGE) recently announced the completion of a $26 million Series A financing led by Camford Capital, with participation from Khosla Ventures, Intuitive Ventures, Pitango HealthTech, 8VC, Alumni Ventures, and the Cancer Research Institute. - The funds will be used to accelerate the development of the SURGE™ intraoperative immunotherapy approach, expand the team, and initiate clinical trials for its injectable biodegradable hydrogel. Using
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VisualDx Partners with ACEP to Build Library of Monkeypox Images

by Syed Hamza Sohail 10/18/2022 Leave a Comment

Science 37 and VisualDx Partner on Patient-First Approach to Decentralized Clinical Research

What You Should Know: - Ahead of the American College of Emergency Physicians (ACEP) Scientific Assembly, VisualDx has announced a collaboration with ACEP to create the Monkeypox Emergency Medicine Project, a physician-sourced collection of monkeypox images. By offering access to images of varying disease presentations on real patients, VisualDx and ACEP are helping to further educate and prepare emergency physicians to test, diagnose, and treat the emergent disease. - Images in the
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Minimizing Hospital Infections with Airflow Tech

by Syed Hamza Sohail 10/17/2022 Leave a Comment

Minimizing Hospital Infections with Airflow Tech

What You Should Know: - Phoenix Controls, a leader in precision airflow control solutions for critical environments, announced today it is working with SLD Technology, a manufacturer of fully integrated modular ceiling systems for healthcare facilities, to help create a stable zone of asepsis in operating suites through enhanced environmental controlled airflow. - The enhanced environmentally controlled solution can help manage hospital-acquired infections (HAI) and further supports the
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