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Digital Health | News, Analysis, Insights - HIT Consultant

CVS Health’s Former Chief Strategy Officer Joins VC Firm, LRVHealth

by Jasmine Pennic 11/11/2022 Leave a Comment

CVS Health’s Former Chief Strategy Officer Joins VC Firm, LRVHealth

What You Should Know: - LRVHealth, the inside healthcare venture capital platform, announced that Josh Flum joined the firm as a managing partner. Prior to joining LRV Health, Flum served as Chief Strategy Officer and Business Developer Officer at CVS Health. - Flum joins a diverse team of healthcare operators, entrepreneurs, investors and insiders leading healthcare innovation and transformation alongside a network of strategic limited partners that touches half of all
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Survey: People Living with COPD Want Innovation in Care Delivery

by Jasmine Pennic 11/11/2022 Leave a Comment

Survey: People Living with COPD Want Innovation in Care Delivery

What You Should Know: - People living with Chronic Obstructive Pulmonary Disease (COPD) are enthusiastic about the promise of care innovation, according to a survey released by Wellinks, a digital healthcare company offering the first-ever integrated, virtual COPD management solution, in collaboration with the COPD Foundation. - The research assessed patient perspectives on COPD care in the United States and findings suggest the status quo is failing people living with the
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18 HLTH 2022 Predictions from Digital Health Executives to Watch

by Fred Pennic 11/10/2022 Leave a Comment

17 HLTH 2022 Predictions from Digital Health Executives to Watch

Before HLTH 2022 kicks off next week in Las Vegas, we asked 18 digital health executives for their predictions and major themes to expect at HLTH.  1. Keith Reynolds, Chief Operating Officer at Welldoc Access to care is a central focus for healthcare given several factors: a growing population being impacted with chronic conditions, increased resourcing constraints, and growing fatigue and workload among providers. A recent study indicated that it would require a PCP 26.7 hours/ day
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Northwell Holdings & Aegis Ventures Form FemTech Company for Menopause Support

by Jasmine Pennic 11/10/2022 Leave a Comment

Northwell Holdings & Aegis Ventures Form FemTech Company for Menopause Support

What You Should Know: - Northwell Holdings and Aegis Ventures inked an agreement today for the formation of Upliv, a femtech-based women's virtual care startup that aims to raise the bar for clinical menopause support. - Upliv is the joint creation of Aegis Ventures and Northwell Holdings, the for-profit investment arm of Northwell Health. In April 2022, Aegis Ventures announced the intention to invest at least $100M in seed-stage funds toward the development of joint ventures with
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BioIntelliSense and Medically Home Partner to Enhance High Acuity Hospital Care at Home

by HITC Staff 11/10/2022 Leave a Comment

BioIntelliSense and Medically Home Partner to Enhance High Acuity Hospital Care at Home

What You Should Know: - BioIntelliSense, Inc., a continuous health monitoring and clinical intelligence company, today announced it has entered into a strategic partnership with Medically Home Group, Inc., a technology-enabled services company that is at the forefront of the movement to decentralize care for serious or complex illnesses. - The collaboration further expands the availability of continuous biometric data and insights to physicians and nurses caring for patients in the
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ConcertAI CEO Talks COVID-19  & The De-Risking of Technology to Keep Trials Moving

by Fred Pennic 11/09/2022 Leave a Comment

ConcertAI CEO Talks COVID-19 & The De-Risking of Technology to Keep Trials Moving

Nothing like it had ever happened before – a global slowdown in new study starts and a massive decrease in trial accruals for open studies. The turn of events was a shock for sponsors and providers. Sudden disruptions on that scale rarely hit multiple players in an ecosystem at the same time. But that’s exactly what happened at the intersection of clinical care and clinical development during the pandemic. Researchers and clinicians were forced to change how they operated trials, and
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Fathom Secures $46M for AI Medical Coding Automation Platform

by Fred Pennic 11/09/2022 Leave a Comment

Fathom Receives Strategic Investment for Medical Coding Automation Platform

What You Should Know: - Fathom, an AI-powered medical coding automation platform raises $46M in Series B funding co-led by Alkeon Capital and Lightspeed Venture Partners with participation from Vituity’s Inflect Health, Cedars-Sinai, ApolloMD, Jonathan Bush, and other healthcare executives. - The company plans to use the funding to advance the standard in automated medical coding in response to critical challenges facing providers. The Series B round brings Fathom’s total funding to
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Salesforce Unveils Patient 360 for Health innovations to Improve Patient Outcomes

by Jasmine Pennic 11/09/2022 Leave a Comment

Salesforce Unveils Patient 360 for Health innovations to Improve Patient Outcomes

What You Should Know: - Today, Salesforce announced a new Patient 360 for Health innovations providing cost-saving automation, real-time data, and personalized intelligence for healthcare and life sciences organizations to deliver comprehensive patient engagement and equitable care with greater efficiency.- According to Salesforce’s 2022 Success Metrics Global Highlights study, healthcare and life sciences organizations using Salesforce are seeing an average of 25%* savings on operational
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TytoCare Launches the Home Smart Clinic, the First Remote Primary Care Offering for the Entire Family

by Syed Hamza Sohail 11/09/2022 Leave a Comment

TytoCare Launches the Home Smart Clinic, the First Remote Primary Care Offering for the Entire Family

What You Should Know: - TytoCare, a virtual care company enabling accessible, high-quality primary care from home, today announced the launch of the Home Smart Clinic, a multi-pronged offering delivering health plans and providers a comprehensive range of elements required to launch a truly successful virtual care program without compromises. - The Home Smart Clinic is proven to reduce the total cost of care (TCC) for health plans by 10% on average, to deliver 59% more accurate diagnoses
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Rock Health Reveals 4 2022 Digital Health M&A Trends to Watch

by Syed Hamza Sohail 11/08/2022 Leave a Comment

Rock Health Reveals 4 2022 Digital Health M&A Trends

What You Should Know: - The choppy waters of this year’s market have forced a significant slowdown in digital health investment, but buyers and builders alike are seizing the moment to consider mergers and acquisitions (M&A) as strategic opportunities. - In their latest report, Rock Health explores the sell-side and buy-side dynamics that are making conditions ripe for M&A activity and dig into four M&A approaches being pursued by acquirers in this market moment. Key
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