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Digital Health | News, Analysis, Insights - HIT Consultant

Sheba Medical Center’s ARC Innovation Center Raises Over $110M in 2021

by Fred Pennic 12/15/2021 Leave a Comment

Holy Name, Sheba Medical Center Partner to Develop Digital Health Solutions

What You Should Know: - Sheba Medical Center, Israel’s largest hospital, today announced that over $110 million was raised in 2021 by six companies from its ARC Innovation Center. All companies are based on technology invented and developed out of Sheba, with Sheba MedTech startups raising over one billion dollars over the last decade.  ARC Innovation Center
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Bayhealth Taps Syapse’s Real-World Data Platform to Optimize Oncology Data

by Fred Pennic 12/15/2021 Leave a Comment

Bayhealth Taps Syapse’s Real-World Data Platform to Optimize Oncology Data

What You Should Know: - Syapse, a real-world evidence company that informs cancer care, announced a partnership with Bayhealth – central and southern Delaware’s largest healthcare system. - Bayhealth will leverage Syapse’ multi-source real-world data platform to bring the latest in cancer diagnostics and treatments to Delaware patients, so that they can receive evidence-based care and match to potentially life-saving clinical trial opportunities. Bringing Data-Driven Approach to
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Wheel Integrates with GoodRx for Real-Time Medication Pricing & Discounts

by Jasmine Pennic 12/15/2021 Leave a Comment

Wheel Integrates with GoodRx for Real-Time Medication Pricing & Discounts

What You Should Know: - Wheel, the digital health company putting great care within everyone’s reach, today announced a new integration with GoodRx, America’s digital resource for healthcare, to help people save on their prescription costs and follow their treatment plans. Now Wheel clients and their millions of patients can seamlessly access discounts on medications at more than 70,000 pharmacies nationwide. One-third of US residents have trouble paying their medical bills and turn to
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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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