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Digital Health | News, Analysis, Insights - HIT Consultant

EarlySense Sells Contact-Free Monitoring IP to Hilrom for $30M

by Fred Pennic 02/01/2021 Leave a Comment

EarlySense Sells Contact-Free Monitoring IP to Hilron for $30M

What You Should Know: - Today, health AI/predictive analytics company EarlySense announced that it has sold its proprietary contact-free continuous monitoring technology intellectual property (IP) to Hillrom for a cash consideration of $30 million, potential payments based on the achievement of certain commercial milestones, and a portion of Hillrom’s equity investment in EarlySense. - As part of the agreement, EarlySense will receive licensing for
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Humana Taps DispatchHealth to Power Hospital-Level Care in the Home

by Jasmine Pennic 02/01/2021 Leave a Comment

DispatchHealth Raises $135.8M to Expand On-Demand In-Home Care Model

What You Should Know: - Humana Inc. and DispatchHealth, a provider of in-home medical care, today announced an agreement to provide Humana members with access to an advanced level of care in the home – to help enhance patients’ experience and health outcomes. The Dispatch-Humana agreement is believed to be the country’s first program to provide hospital-level care involving a national payer. - The agreement will provide members living with multiple chronic conditions – such as cellulitis,
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Modern Health Acquires Mental Health Startup Kip to Expand Data-Driven Capabilities

by Jasmine Pennic 02/01/2021 Leave a Comment

Modern Health Acquires Mental Health Startup Kip to Expand Data-Driven Capabilities

What You Should Know: - Modern Health acquires San Francisco-based mental health startup Kip to expand the data-driven capabilities of its mental health and wellness platform supporting 200+ enterprises globally. - Founded in 2015, Kip connects users with qualified therapists and arms them with the tools to track observations, feedback, and outcomes about their mental health journey. By combining therapy with a mobile app that allows patients to engage with resources and maintain
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DarioHealth Acquires Musculoskeletal Solution Upright for $31M

by Fred Pennic 01/27/2021 Leave a Comment

DarioHealth Acquires Musculoskeletal Solution Upright for $31M

What You Should Know: - DarioHealth, a Livongo competitor acquires musculoskeletal startup Upright for $31 million to expand their chronic condition management capabilities focused on driving behavior change rather than treating the acute problem. This move will more than double revenue and create one of the largest integrated digital health companies in the space. In addition, DarioHealth rasiess $70 million through a private placement of its common stock priced at the market pursuant to
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Concentra Transitions Telemed Offering from Amwell to eVisit Virtual Care Platform

by Fred Pennic 01/26/2021 Leave a Comment

Concentra Transitions Telemed Offering from Amwell to eVisit Virtual Care Platform

What You Should Know: -  Concentra recently transitioned their three-year-old Concentra Telemed® offering from Amwell to the eVisit Virtual Care platform. - The eVisit Virtual Care platform is supporting all of Concentra’s telemedicine requirements, including its industry-leading 24/7/365 Concentra Telemed offering and Concentra Telerehab®, conducting more than 8,000 virtual visits a month. - eVisit was founded six years ago and is already in use at more than 100
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Hurdle Secures $5M for Digital Mental Health Platform for People of Color

by Fred Pennic 01/25/2021 Leave a Comment

Hurdle Secures $5M for Digital Mental Health Platform for People of Color

What You Should Know: - Washington, D.C.-based Hurdle raises $5M in seed funding to accelerate its digital mental health platform for people of color. - Hurdle aims to provide an innovative teletherapy solution for employers and insurers; aims to remove barriers to mental health care for People of Color by rooting its services in evidence-based methods of cultural humility. Hurdle (formerly Henry Health), a Washington, D.C.-based innovative digital mental health platform company,
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West Virginia Launches Nation’s First Statewide COVID-19 Vaccine Distribution

by Fred Pennic 01/25/2021 Leave a Comment

West Virginia Launches Nation’s First Statewide COVID-19 Vaccine Distribution Deployment

What You Should Know: - West Virginians will now have access to a COVID-19 vaccination pre-registration tool available statewide.  - West Virginia is the first state in the nation to deploy this new system through Everbridge, a global provider of critical event management technologies. The tool enables West Virginians to pre-register for COVID-19 vaccination and receive updates through text, phone, and/or email.  President Joe Biden has made it his priority to tackle COVID-19
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Top 5 Business Opportunities for Digital Health Companies in 2021. Where Is The Money?

by Ralf-Gordon Jahns, Managing Director of R2G 01/25/2021 Leave a Comment

op 5 business opportunities for digital health companies in 2021. Where is the money?

For many companies, 2020 has been a devastating year due to the consequences of the COVID-19 pandemic. While the same can be said for the digital health sector, the pandemic has also paved a way for unexpected and extraordinary business opportunities in 2021. Good ideas with a business loan from online lenders such as Biz2Credit are the ingredients for a successful business venture in this pandemic. In 2020, Digital health start-ups and more established companies have suffered, as have other
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Augmedix Launches National Roll-Out of Tech-Enabled Virtual Scribes to Assist Busy ED Clinicians

by Fred Pennic 01/22/2021 Leave a Comment

Augmedix Launches National Roll-Out of Tech-Enabled Virtual Scribes to Assist Busy ED Clinicians

What You Should Know: - Augmedix, a provider of remote medical documentation and live clinical support launches the national rollout of a transformative tech-enabled medical documentation service powered by virtual scribes and created specifically for busy Emergency Department (ED) environments. - Augmedix trains remotely-located scribes in emergency medicine documentation to alleviate the administrative burden for clinicians, which is especially important today as these clinicians are on
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Boston Scientific Acquires Remote Cardiac Monitoring Company Preventice Solutions for $1.2B

by Fred Pennic 01/21/2021 Leave a Comment

Boston Scientific Acquires Preventice Solutions for $925M in Cash

What You Should Know: - Boston Scientific announces an agreement to acquire Preventice Solutions, a leading developer of mobile health solutions and remote monitoring services that connect patients and caregivers for $1.2B. - The acquisition of external cardiac monitoring technologies and services providers will expand Boston Scientific’s rhythm management diagnostics portfolio and capabilities. Boston Scientific today announced that it has acquired Preventice Solutions, Inc., a
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