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Digital Health | News, Analysis, Insights - HIT Consultant

ZocDoc Appoints Edward Liu as Chief Financial Officer

by Jasmine Pennic 08/02/2021 Leave a Comment

ZocDoc Appoints Edward Liu as Chief Financial Officer

What You Should Know: - ZocDoc, a healthcare marketplace, today announced the appointment of Edward Liu as its Chief Financial Officer. - During his 20+ year tenure at Morgan Stanley, Liu advised CEOs, CFOs, and boards on their most important strategic and financing decisions, including hundreds of transactions for prominent internet and software companies. - At ZocDoc, Liu will oversee all financial operations and help further scale the company amid its rapid growth. He joins the
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Eko Appoints Renee Gaeta as Chief Financial Officer

by Fred Pennic 08/02/2021 Leave a Comment

Eko Appoints Renee Gaeta as Chief Financial Officer

What You Should Know: - Eko, a cardiopulmonary digital health company, today announced the appointment of Renee Gaeta as Chief Financial Officer (CFO) and member of the executive leadership team. In her new role, Mrs. Gaeta will execute on the Eko’s priorities, accelerate growth and enhance value. - Prior to joining Eko, Mrs. Gaeta previously served as CFO and member of the executive team at Establishment Labs Holdings, Inc. (NASDAQ: ESTA), where she played a key role in the company’s
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Withings Devices Integrates with One Drop App for Multi-Condition Employer Program

by Jasmine Pennic 07/30/2021 Leave a Comment

Withings Devices Integrates with One Drop App for Multi-Condition Employer Program

What You Should Know: - One Drop and Withings have announced a strategic partnership to integrate One Drop’s AI-powered chronic condition management platform with Withing’s suite of smart medical device. Through this integration partnership, members enrolled in the One Drop employer program can qualify to receive a Withings Body smart scale or a Withings BPM Connect smart blood
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Biofourmis Earns FDA Breakthrough Device Designation for Digital Therapeutic for Heart Failure

by Fred Pennic 07/30/2021 Leave a Comment

Biofourmis Earns FDA Breakthrough Device Designation for Digital Therapeutic for Heart Failure

What You Should Know: - Biofourmis, a Boston-based global leader in virtual care and digital therapeutics, announced its BiovitalsHF® solution is the first-ever heart failure digital therapeutic to receive a Breakthrough Device designation from the U.S. Food and Drug Administration (FDA). - The Breakthrough Devices Program was created to provide patients and providers with timely access to medical devices (in this case, software as a medical device, or SaMD) by speeding up their
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Medtronic Awarded FDA Clearance for 2 AI Algorithms for Cardiac Monitoring

by Fred Pennic 07/30/2021 Leave a Comment

medtronic

What You Should Know: - Medtronic announced U.S. Food and Drug Administration (FDA) clearance for two AccuRhythm™ AI algorithms for use with the LINQ II™ insertable cardiac monitor (ICM) – and the presentation of AccuRhythm AI validation data this week at Heart Rhythm 2021. - AccuRhythm AI applies artificial intelligence (AI) to heart rhythm event data collected by LINQ II, improving the accuracy of information physicians receive so they can better diagnose and treat abnormal heart
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PE Firm Aquiline Capital Partners Acquires Telemedicine Provider Avera eCare

by Jasmine Pennic 07/30/2021 Leave a Comment

PE Firm Aquiline Capital Partners Acquires Telemedicine Provider Avera eCare

What You Should Know: - Telemedicine services provider Avera eCare announced it has been acquired by private equity firm Aquiline Capital Partners with $6.4B in assets under management. As part of the acquisition, Aquiline will execute the carve-out of Avera eCare and rename the company Avel eCare. Closing is expected to occur in the fourth quarter of 2021. - Avel eCare’s more than 230 employees will continue to work for Avel eCare, and its headquarters
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Exo Raises $220M to Commercialize Handheld, Point-of-Care Ultrasound Device

by Fred Pennic 07/29/2021 Leave a Comment

Exo Raises $22M to Commercialize Handheld, Point-of-Care Ultrasound Device

What You Should Know: - Exo (pronounced “echo”), a pioneering health information and devices company, announced it has raised $220M in Series C investment round led by RA Capital Management and joined by BlackRock, Sands Capital, Avidity Partners and Pura Vida Investments. - The funding will fund the commercialization of its patented handheld medical device and its intuitive point-of-care ultrasound workflow solution, Exo Works. This brings Exo’s total funding to more than $320M. Exo
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Health Tech VC Firm Nina Capital Launches $47.4M Second Fund, Closes 5 Investments

by Fred Pennic 07/29/2021 Leave a Comment

Health Tech VC Firm Nina Capital Launches $47.4M Second Fund, Closes 5 Investments

What You Should Know: - Nina Capital, a health tech venture capital (VC) firm, announced its last five investments of its first fund and the launch of its second fund, Nina Capital Fund II FCRE, with an investment goal of EUR 40 ($47.4M). - Nina Capital was founded in 2019 with its inaugural fund, Nina Capital Fund I FCRE, which reached its maximum size of EUR 18 million (USD 21.3 million). In less than two years, Nina Capital has created an international portfolio of 23 companies in the
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3 Ways IoT is Empowering Modern Healthcare Industry Today

by Ajay Rane, VP of Global Ecosystem Development at Sigfox 07/29/2021 Leave a Comment

How the IoT Can Be Used to Monitor the Elderly

Today’s healthcare systems are nothing like their predecessors of even a decade ago, and their growth is due, in large part, to the rapid evolution of technology. In recent years, e-health—the digital services that make it possible to improve the well-being of individuals, whether to prevent, diagnose or treat illnesses—has grown exponentially, with estimates that it will reach $234.5 billion by 2023.  In order for e-health devices to demonstrate their full value, healthcare networks
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HealthLinc Deploys Greenway Telehealth to Expand Virtual Care Offerings

by Fred Pennic 07/29/2021 Leave a Comment

HealthLinc Deploys Greenway Telehealth to Expand Virtual Care Offerings

What You Should Know: - Greenway Health, a leading health information technology services provider, announced an expanded partnership with HealthLinc, a nonprofit organization dedicated to improving health care for the residents of northern Indiana. - A Greenway client for more than 10 years, the center will be leveraging Greenway Telehealth, the first tool in the company’s virtual care portfolio, to remove care delivery barriers, enabling greater provider productivity and improved patient
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