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Digital Health | News, Analysis, Insights - HIT Consultant

Modern Health Raises $74M Reaching $1.17B Valuation for Mental Health & Wellness Platform

by Jasmine Pennic 02/11/2021 Leave a Comment

Modern Health Raises $74M Reaching $1.17B Valuation for Mental Health & Wellness Platform

What You Should Know: - Modern Health raises an additional $74M in Series D funding, now valuing the company at $1.17 billion. - Modern Health’s comprehensive mental health and wellness platform combines the WHO well-being assessment, self-service wellness kits, a global network of certified coaches, and licensed therapists available in 35 languages all available in a single app. Modern Health, the mental health and wellness platform supporting 220+ enterprises globally, today
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SPAC Compute Health Acquisition Prices $750M IPO, Led by Intel Chairman

by Fred Pennic 02/05/2021 Leave a Comment

SPAC Compute Health Acquisition Prices $750M IPO, Led by Intel Chairman

What You Should Know: - Compute Health Acquisition, a SPAC company targeting the intersection of computation and healthcare announced the pricing of its $750M initial public offering (IPO) by offering 75 million units at $10.  Compute Health Acquisition Corp. (the “Company”), a SPAC “blank check” company announced today that it priced its initial public offering of 75,000,000 units at $10.00 per unit. The units will be listed on The New York Stock Exchange (“NYSE”) and trade under the
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UPMC Spinout Astrata Launches NLP Platform to Improve Value-Based Care

by Fred Pennic 02/05/2021 Leave a Comment

UPMC Spinout Astrata Launches NLP Platform to Improve Value-Based Care

What You Should Know: - UPMC spinout company Astrata launches a natural language processing (NLP) technology platform that allows health insurers to more efficiently analyze unstructured clinical data. UPMC Enterprises, the innovation and commercialization arm of UPMC has incubated and launched Astrata, a digital healthcare quality company. Astrata uses advanced analytics and natural language processing (NLP) to improve value-based care. Founded by Rebecca Jacobson, M.D., M.S. Astrata
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Verily’s Onduo Virtual Care Solution Expands to Multi-Condition Platform

by Jasmine Pennic 02/04/2021 Leave a Comment

Verily's Onduo Virtual Care Solution Expands to Multi-Condition Platform

What You Should Know: - Verily's Onduo, known for its tech-based solution for virtual diabetes management, is launching a new multi-condition platform that matches the right care to the right consumer at the right time. The expanded virtual care platform is designed to support patients managing type 2 diabetes and hypertension, with plans for further expansion into mental and behavioral health.- In addition, Onduo has introduced multi-language support to make the virtual
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Philips Launches Medical Tablet to Expand Remote Patient Management

by Jasmine Pennic 02/03/2021 Leave a Comment

Philips Launches Medical Tablet to Expand Remote Patient Management

What You Should Know: - Philips announced the launch of the Philips Medical Tablet, an end-to-end, easy-to-implement, portable monitoring kit that enables remote access to patient data and allows clinicians to care for patients outside of the hospital. - Aiming to serve larger patient populations during emergency situations like the COVID-19 pandemic, the Medical Tablet helps reduce exposure and provide continuous, quality patient care. Royal Philips, announced the launch of Philips
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Highmark BCBS Expands Access to Freespira’s Digital Therapeutic to Help Treat PTSD, Panic Attacks

by Jasmine Pennic 02/03/2021 Leave a Comment

Freespira Secures $10M for FDA-Cleared Digital Therapeutic to Eliminate Panic Attacks, PTSD Symptoms

What You Should Know: - Health insurer Highmark expands access to FDA-cleared digital therapeutic Freespira proven to reduce the symptoms of panic disorder and PTSD for members in Pennsylvania, Delaware and Virginia. - The announcement follows a pilot study finding that nearly 9 out of 10 patients using the solution were symptom-free after treatment. Highmark Inc., the fourth-largest Blue Cross Blue Shield-affiliated organization announced it is expanding access to Freespira’s
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Casana Raises $14M to Expand IoT Heart Health Toilet Seat

by Fred Pennic 02/03/2021 Leave a Comment

Casana Raises $14 Million for In-home Heart Health Monitoring Device

What You Should Know: - Casana raises $14M in Series A funding to pursue FDA clearance for its an IoT heart health toilet seat that captures clinically relevant measurements, including heart rate, blood pressure, blood oxygenation, and cardiac output. Casana, previously known as Heart Health Intelligence, Inc., a healthcare technology firm that is re-inventing in-home health monitoring, today announced that it has raised $14M in Series A funding, bringing the total capital raised to
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Capital Rx Secures $50 Million to Redefine Prescription Pricing

by Jasmine Pennic 02/02/2021 Leave a Comment

PBM Capital Rx Secures $50 Million to Redefine Prescription Pricing

What You Should Know: - Capital Rx, the fastest-growing pharmacy benefit manager in the U.S., announced today that it has raised $50 million in Series B financing. - Following the recent launch of JUDITM, the industry’s first Enterprise Pharmacy Platform, Capital Rx will continue to expand the platform’s capabilities, including leveraging AI to improve clinical care. Capital Rx, a New York City-based pharmacy benefit manager in the U.S., announced it has raised $50 million in Series B
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Premise Health Acquires Sonic Boom to Expand Digital Engagement & Wellness Capabilities

by Fred Pennic 02/02/2021 Leave a Comment

Premise Health Acquires Sonic Boom to Expand Digital Engagement & Wellness Capabilities

What You Should Know: - As healthcare access continues evolving due to the pandemic, Premise Health, the world’s largest direct health care provider, today announced an acquisition of Sonic Boom Wellness, a leading provider of corporate wellness technology. - In the last year, Premise Health has emerged as a leader in digital wellness, delivering nearly 20 products virtually through its innovative Digital Wellness Center. The addition of Sonic Boom allows Premise Health — which
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Google Cloud Launches Intelligent COVID-19 Vaccine Impact Solution with AI-Powered Forecasting, Sentiment Analysis

by Fred Pennic 02/01/2021 Leave a Comment

Google Cloud Launches Intelligent COVID-19 Vaccine Impact Solution with AI-Powered Forecasting, Sentiment Analysis

What You Should Know: - Google Cloud, today announced the launch of its Intelligent Vaccine Impact Solution, a set of core solutions to help regional and local governments deliver successful COVID-19 public health strategies, ranging from vaccine information and scheduling to distribution and analytics, to forecasting and modeling COVID-19 cases, and more. - The Intelligent Vaccine Impact solution includes forecasting and modeling COVID-19 cases to inform vaccine distribution, vaccine
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