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Digital Health | News, Analysis, Insights - HIT Consultant

Ophelia Raises $50M to Expand Its Novel Approach to Opioid Addiction Treatment

by Fred Pennic 12/14/2021 Leave a Comment

Ophelia Raises $50M to Expand Its Novel Approach to Opioid Addiction Treatment

What You Should Know: - Ophelia announced its $50 million Series B funding round, led by Tiger Global to expand access to medication-assisted treatment (the CDC’s recommended first-line treatment) to more people with opioid use disorder. - Funding will enable Ophelia to become a national provider, integrate with additional payors and partners, and grow its clinician support platform. Ophelia, an NYC-based digital provider of medication-assisted treatment (MAT) for opioid use disorder
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UpLift Raises $8M to Integrate Psychiatry with Mental Healthcare Delivery Platform

by Jasmine Pennic 12/14/2021 Leave a Comment

UpLift Raises $8M to Integrate Psychiatry with Mental Healthcare Delivery Platform

What You Should Know: - UpLift, a vertically integrated mental healthcare delivery platform raises $8M in secondary funding which they plan to allocate to expand their hybrid model services to include psychiatric treatments in an effort to close the behavioral healthcare gap and optimize the appropriate plan of care. UpLift, the first vertically integrated mental healthcare delivery system, announced their expansion into psychiatry as well as the closing of $8M in secondary funding led
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XIFIN Acquires OmniSYS to Expand into Pharmacy Market – M&A

by Jasmine Pennic 12/14/2021 Leave a Comment

XIFIN Acquires OmniSYS to Expand into Pharmacy Market

What You Should Know: - XIFIN enters the pharmacy market with the acquisition of OmniSYS to support the healthcare industry shift to more convenient, cost-effective care settings; provides a technology-driven connection between pharmacies, diagnostic providers, and payors. - The XIFIN/OmniSYS transaction is aligned with this activity and will support retail pharmacies as they move in this direction. Driven by the COVID-19 pandemic on top of the increasing consumerization of healthcare and
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Clearlake Capital-Backed Dude Solutions Acquires Facility Health Inc.

by Fred Pennic 12/14/2021 Leave a Comment

Clearlake Capital-Backed Dude Solutions Acquires Facility Health Inc.

What You Should Know: - Dude Solutions, a Clearlake-backed software company acquires Facility Health (FHI), a technology that helps healthcare organizations manage assets and facilities.  Today, Dude Solutions, the leading SaaS provider of cloud-based operations management solutions, backed by Clearlake Capital Group, L.P. (together with its affiliates “Clearlake”), today announced it has acquired Michigan-based Facility Health, Inc.
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Xandar Kardian Raises $10M for Contactless Health Monitoring

by Fred Pennic 12/14/2021 Leave a Comment

Xandar Kardian Raises $10M for Contactless Health Monitoring

What You Should Know: - Toronto-based startup Xandar Kardian raises $10M to empower digital automation of building control and contactless measurement of vital biomarkers. Xandar Kardian, a Toronto-based digital health startup announced today that it closed a $10 million Series A funding round led by Phoenix Venture Partners, Portfolia Active Aging & Longevity Fund and Taronga Ventures. Digital Automation with Radar Accuracy The occupancy sensor market is
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How the Powerful Forces of COVID-19 Changed the Healthcare Industry

by Ofir Paldi, CEO of Shamaym 12/14/2021 Leave a Comment

How the Powerful Forces of COVID-19 Changed the Healthcare Industry

As pressure eases, fundamental changes will last far beyond the pandemic As COVID-19 began surging across the globe in the early months of 2020, it almost immediately flooded health care providers with challenges and demands the industry had never before seen. Suddenly doctors’ offices were closed to patients, hospital emergency departments and ICUs were running out of beds, and healthcare workers were battling a new and unknown disease. Today, in the waning months of 2021, some of these
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Fraud Schemes in a Telehealth Era: What Healthcare Payers Should Know

by Fred Pennic 12/10/2021 Leave a Comment

Fraud Schemes in a Telehealth Era: What Healthcare Payers Should Know

What You Should Know: - Report from Codoxo that finds 10-15% of telehealth claims fall outside of approved CMS codes and indicates a high potential for rapidly increasing fraud schemes (and provider coding errors) in a new telehealth era. Codoxo, a provider of healthcare artificial intelligence solutions for healthcare payers and agencies, today released a new study revealing that among the 41% of provider specialties showing statistically significant increases for telehealth adoption,
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M&A: Quartet Health Acquires InnovaTel Telepsychiatry

by Fred Pennic 12/09/2021 Leave a Comment

M&A: Quartet Health Acquires InnovaTel Telepsychiatry

What You Should Know: - Quartet acquires InnovaTel Telepsychiatry, a provider of virtual mental healthcare services with a differentiated expertise in treating complex conditions. - The partnership lays the foundation for a comprehensive, nationwide solution to help all people — including those with complex needs — and focuses on speed to high-quality mental health care. Quartet Health, a tech-enabled mental health care company that works with health plans, systems, and provider
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Ksana Health Joins Novo Nordisk’s Global Prevention Accelerator

by Jasmine Pennic 12/09/2021 Leave a Comment

Ksana Health Joins Novo Nordisk’s Global Prevention Accelerator

What You Should Know: -Ksana Health, a digital behavioral health company that uses technology to provide continuous objective measurement, personalized insights and interventions to improve mental health care, announced its selection by Novo Nordisk’s Global Prevention Accelerator. Organizations were selected based on a set of criteria including the ability to make a global impact and provide scalable digital solutions that can be adapted for local populations. - Ksana Health will pilot
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AT&T, Samsung and Qure4u Partner to Deliver Remote Patient Monitoring

by Jasmine Pennic 12/09/2021 Leave a Comment

AT&T, Samsung and Qure4u Partner to Deliver Remote Patient Monitoring

What You Should Know: AT&T, Samsung and Qure4u team up to deliver remote patient monitoring with FirstNet® for high-risk patients. Qure4u, a provider of digital health solutions, today announced a strategic collaboration with with AT&T and Samsung to provide remote patient monitoring (RPM) for patients with high blood pressure. As part of this collaboration, Qure4u chose FirstNet®, Built with AT&T, to provide reliable and highly secure connectivity to
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