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Digital Health | News, Analysis, Insights - HIT Consultant

2020’s Top 20 Digital Health M&A Deals Totaled $50B

by Fred Pennic 12/31/2020 Leave a Comment

2020’s Top 20 Digital Health M&A Deals Totaled $50B

Teladoc Health and Livongo Merge The combination of Teladoc Health and Livongo creates a global leader in consumer-centered virtual care. The combined company is positioned to execute quantified opportunities to drive revenue synergies of $100 million by the end of the second year following the close, reaching $500 million on a run-rate basis by 2025. Price: $18.5B in value based on each share of Livongo will be exchanged for 0.5920x shares of Teladoc Health plus cash consideration of
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30 Executives Share Top Healthcare Predictions & Trends to Watch in 2021

by Fred Pennic 12/30/2020 Leave a Comment

30 Executives Share Top Healthcare Predictions & Trends to Watch in 2021

As we close out the year, we asked several healthcare executives to share their predictions and trends for 2021. Kimberly Powell, Vice President & General Manager, NVIDIA Healthcare Federated Learning: The clinical community will increase their use of federated learning approaches to build robust AI models across various institutions, geographies, patient demographics, and medical scanners. The sensitivity and selectivity of these models are outperforming AI models
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Amazon, AstraZeneca, Pfizer, Merck to Build $10M Digital Health Innovation Lab in Israel

by Fred Pennic 12/29/2020 Leave a Comment

Amazon, AstraZeneca, Pfizer, Merck to Build $10M Digital Health Innovation Lab in Israel

What You Should Know: - Pfizer, AstraZeneca, Merck, and Teva, and Amazon Web Services (AWS) has been selected by the Israel Innovation Authority to establish an innovation lab in the fields of digital health and computational biology. - The innovation lab located in the Rehovot Science Park will receive a government budget of $10M over the next five years and is slated to start operations in 2021. Pfizer, AstraZeneca, Merck, and Teva, as well as the Israel Biotech Fund and tech
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3 Common Missteps for Manufacturers to Avoid When Securing Medical Devices

by Dan Lyon, Sr. Principal Security Consultant at Synopsys 12/29/2020 Leave a Comment

Over the last several years of my career, I’ve had the opportunity to work with a variety of global medical device manufacturers.  Recently, I have also started working with some new organizations that are not yet global in scale.  A theme that I have discovered is that these organizations haven’t yet established true ownership for security within the organization, even though there is increasing regulatory pressure for building security, evidenced by updated FDA guidance and recognition of
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Amazon, CVS Health, Thermo Fisher Scientific Form Alliance for Employer-based COVID-19 Testing

by Jasmine Pennic 12/23/2020 Leave a Comment

Amazon, CVS Health, Thermo Fisher Scientific Form Alliance for Employer-based COVID-19 Testing

What You Should Know: - Amazon, CVS Health, Thermo Fisher Scientific join forces to promote employer-based testing As part of a comprehensive COVID-19 testing strategy. - The coalition, named Workplace Employers Alliance for COVID-19 Testing (WE ACT), believes that employer-based testing programs are essential to keeping employees safe during the current public health emergency. - WE ACT aims to advance a comprehensive national testing strategy that includes clear guidance for the
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Lyft Launches 60M Ride COVID-19 Vaccine Access Campaign with Anthem, Chase, Epic, United Way, Others

by Fred Pennic 12/23/2020 Leave a Comment

Lyft, Launches 60M Ride COVID-19 Vaccine Access Campaign with Anthem, Chase, Epic, United Way, Others

What You Should Know: - In partnership with JP Morgan Chase; United Way; top healthcare organizations including Anthem, Centene, One Medical and Epic; and other non-profit and community partners, Lyft’s goal is to facilitate 60M safe rides to vaccination sites. - Lyft’s vaccine access campaign will help the communities who need it most safely travel to receive the vaccine. These rides will be facilitated through its business segment, Lyft Healthcare, and social impact initiative LyftUp.
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Humana Taps Vida Health to Power Virtual Diabetes Management for Kentucky’s Medicaid Population

by Jasmine Pennic 12/23/2020 Leave a Comment

Humana Taps Vida Health to Power Virtual Diabetes Management for Kentucky’s Medicaid Population

What You Should Know: -  Humana Healthy Horizons™ in Kentucky announced it has selected Vida Health’s virtual diabetes management program to serve Kentucky’s Medicaid population. - Vida’s diabetes management program achieves lasting results for participants. Because chronic conditions like diabetes, obesity, and hypertension often occur simultaneously, Vida’s unique program was built from the ground up to treat multiple conditions at the same time. - The new partnership, which will
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DoD Awards $2.8M to Philips & BioIntelliSense to Validate Wearable for Early COVID-19 Detection

by Jasmine Pennic 12/23/2020 Leave a Comment

DoD Awards $2.8M to Philips & BioIntelliSense to Validate Wearable for Early COVID-19 Detection

What You Should Know: - Philips and BioIntelliSense has been selected by the U.S. Army Medical Research and Development Command (USAMRDC) to receive nearly $2.8M from the U.S. Department of Defense (DoD) to validate BioIntelliSense’s FDA-cleared BioSticker device for the early detection of COVID-19 symptoms. - Working with the University of Colorado Anschutz Medical Campus, the clinical study will consist of 2,500 eligible participants with a recent, known COVID-19 exposure and/or a
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Human API CEO Talks Data Privacy Concerns in Employee Wellness Programs

by Fred Pennic 12/23/2020 Leave a Comment

Human API CEO Talks Data Privacy Concerns in Employee Wellness Programs

A recent BBC article discusses the rise in employee health tracking via wearable devices and highlights a number of concerns around data privacy. To try and prevent health tracking schemes from crossing ethical lines, and eroding trust between employee and employer, some industry figures believe that organizations need to work with third-party vendors who specialize in managing wellbeing data. These vendors would hold the data independently under strict privacy rules, and work with employees
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Carrot Enters Global Market for Tobacco Cessation with it’s CE Marked Breath Sensor

by Jasmine Pennic 12/22/2020 Leave a Comment

Carrot Enters Global Market for Tobacco Cessation with it’s CE Marked Breath Sensor

What You Should Know: - Digital health company Carrot has obtained CE Mark Certification for its breath sensor, marking its official entry into the global market for tobacco cessation. - Clinically proven to increase the motivation to quit, the company’s device is the first-ever FDA-cleared breath sensor for consumer use. Carrot, a Redwood City, CA-based digital health company that delivers clinically proven, behavioral science-based solutions that empower people to take control of
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