What You Should Know:
- Swiftarc Ventures, an NYC-based early and growth-stage consumer and consumer health-focused venture capital firm announced it has launched a $75M telehealth-focused venture fund.
- The telehealth fund is aimed at harnessing breakthrough innovation opportunities currently emerging from key legislative changes in healthcare delivery within the United States and globally.
Investment Thesis
In the past, the three-pillared U.S. healthcare system (Patients,
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Digital Health | News, Analysis, Insights - HIT Consultant
Biotricity Awarded FDA 510(k) Clearance for Cardiac Monitoring Device
What You Should Know:
- Biotricity, Inc. (NASDAQ:BTCY), a medical diagnostic and consumer healthcare technology company, today announced it has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for its Biotres Cardiac Monitoring Device, a three-lead device for ECG and arrhythmia monitoring that is intended for lower-risk patients.
- Most remote cardiac monitors are passive — they don’t record ECG and other cardiac data in real-time — and lack cross-compatibility
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LifeWorks Acquires Breaking Free, Digital Substance Use Disorder Treatment Platform
What You Should Know:
- LifeWorks, a provider of comprehensive mental health, digital and in-person total wellbeing solutions, today announced the acquisition of Breaking Free, a provider of evidence-based behavioral health SaaS solutions for substance use intervention.
- The addition of Breaking Free’s solution in substance use intervention to the LifeWorks platform will result in further enhancing the mental health service clients can seamlessly access through the LifeWorks wellbeing
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RecoveryOne, Cigna Offers Virtual Physical Therapy for Medicare Advantage Customers
What You Should Know:
- RecoveryOne, a digital health innovator dedicated to improving health outcomes for recovery from musculoskeletal (MSK) injuries of all types and reducing costs, announced an expansion of its partnership with Cigna to offer its virtual physical therapy and broad MSK solution for Medicare Advantage (MA) customers as an in-network benefit.
- This new benefit builds on the partnership between Cigna and RecoveryOne announced
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Al-Futtaim Partners with TytoCare to Expand Digital Health Services
What You Should Know:
- TytoCare, a global all-in-one modular device and examination platform for AI-powered, on-demand, remote medical exams, announced today its partnership with Al-Futtaim Electronic-Techserve, a group company of Al-Futtaim. The partnership with TytoCare will enable Al-Futtaim to broaden its reach across the healthcare spectrum, covering all touchpoints, from specialists to local clinics.
- Al-Futtaim Group is a large
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Implementing Responsible AI to Drive Innovation in Clinical Research & Precision Medicine
Researchers might be skeptical and, with people’s lives at stake, that’s understandable. Here’s how to take advantage of the advances while ensuring safeguards are in place.
As artificial intelligence (AI) and machine learning drive innovation and disruption in clinical trials and precision medicine, questions around the responsible use of AI have moved to the forefront of debates among healthcare stakeholders – patients, providers, regulatory authorities, payors and sponsors. To what extent,
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Casana Raises $30M for Effortless Home Health Monitoring
What You Should Know:
- Casana, a healthcare technology firm that is reinventing in-home health monitoring announced it has raised $30M in Series B funding, bringing the total capital raised to $46 million led by Morningside with participation from Matrix Partners, as well as Series A investors General Catalyst and Outsiders Fund.
- The Series B funding will allow Casana to accelerate FDA submission of the Heart Seat with the goal to obtain FDA approval and bring this important new device
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Capital Rx, Independa, and LG TV Partner to Bring Discount Prescription Meds to Older Adults
What You Should Know:
- Capital Rx is partnering with Independa, a telehealth engagement platform for seniors, to bring its prescription savings card to the older adult population via LG TVs.
- Independa, a provider of TV-based remote engagement, education and care, and LG Electronics, a global leader in TV manufacturing, together launched the Independa Health Hub™ Ecosystem of Healthy Offerings on LG TVs at the 2022 Consumer Electronics Show. In introducing the Capital Rx Advantage
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Alphabet’s Verily + L’Oréal Partner to Advance Precision Skin Health
What You Should Know:
- Today, Alphabet’s Verily, a world leader in personalized medicine, and L’Oréal, the world leader in beauty, joined forces to lead a new era of precision skin health.
- The first-of-its-kind partnership in the beauty industry aims to break down barriers to dermatology care and bring new insights to dermatologists that can help improve health outcomes for the nearly two billion people worldwide with skin issues.
Strategic Partnership Addresses Unmet Need in
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DarioHealth Acquires Physimax, AI-Powered Musculoskeletal Self-Assessment and Optimization Platform
What You Should Know:
- Global digital therapeutics (DTx) company DarioHealth Corp. (Nasdaq: DRIO), a leader in the market (the Company), announced it has entered into an agreement to purchase all of the right, title and interest in certain assets of Physimax Technologies Ltd. ("Physimax"), a leading provider of computer vision (CV) technology for Musculoskeletal (MSK) functional screening and predictive risk of injury assessment.
- This acquisition complements DarioHealth’s existing MSK
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