What You Should Know:
- Lumedic launches a first-of-its-kind commercial technology to offer digital vaccine cards to patients receiving COVID-19 vaccinations at sites affiliated with Providence, one of the nation's largest health systems. The technology includes a mobile app that gives patients the option to share vaccination verification status quickly and securely, when and how they want.
- Through the app, patients can request their digital vaccination be delivered securely to their
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Digital Health | News, Analysis, Insights - HIT Consultant
Sharecare to Go Public in SPAC IPO Deal, Reaching $3.9B Valuation
What You Should Know:
- Digital health company Sharecare and special purpose acquisition company (SPAC), Falcon Capital Acquisition Corp, today announced an agreement to merge to go public on the NASDAQ under the ticker symbol SHCR at enterprise value of $3.9B.
- The transaction is expected to be funded through a combination of Falcon's $345 million of cash in trust (assuming no redemptions) supported by a $425 million fully committed PIPE at $10.00 per share and the Anthem
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Seed Health Acquires Auggi’s Stool Recognition AI Tech & Algorithms
What You Should Know:
- Seed Healthv, a microbial sciences company, announced the acquisition of Auggi, a digital health company with a suite of artificial intelligence and machine learning technologies to track and analyze digestive health.
- As part of the acquisition, Seed Health will acquire Auggi's technology assets, including its AI algorithm for real-time Bristol stool typing, the world's largest stool image database, and a mobile monitoring application for clinical research.
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Signify Health Shares Soar More Than 33% in IPO, Valuing Company at Over $7.12B
What You Should Know:
- Shares of Signify Health, a value-based care billing platform for in-home and bundled health services jumped more than 33% in its initial public offering (IPO), valuing the company at over $7.12B.
- Today, Signify Health’s CEO Kyle Armbrester will also join the ranks among the youngest CEOs to ever take a company public – notably alongside Bumble’s CEO who also began trading on the NASDAQ today.
- The company raised 564 million by offering 23.5 million
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Can AI Pave the Path to Reducing Physician Burnout?
The timing couldn’t be more critical for us to start making serious headway to reduce the growing problem of burnout among America’s physicians. In 2018, physician burnout was already at an alarming 42%, but that number is growing as COVID-19 cases surge around the country.
While we are at a hopeful place in the virus’ trajectory with millions of vaccinations administered, the reality – even once we get through the pandemic – is quite grim for physicians and their
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Modern Health Raises $74M Reaching $1.17B Valuation for Mental Health & Wellness Platform
What You Should Know:
- Modern Health raises an additional $74M in Series D funding, now valuing the company at $1.17 billion.
- Modern Health’s comprehensive mental health and wellness platform combines the WHO well-being assessment, self-service wellness kits, a global network of certified coaches, and licensed therapists available in 35 languages all available in a single app.
Modern Health, the mental health and wellness platform supporting 220+ enterprises globally, today
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SPAC Compute Health Acquisition Prices $750M IPO, Led by Intel Chairman
What You Should Know:
- Compute Health Acquisition, a SPAC company targeting the intersection of computation and healthcare announced the pricing of its $750M initial public offering (IPO) by offering 75 million units at $10.
Compute Health Acquisition Corp. (the “Company”), a SPAC “blank check” company announced today that it priced its initial public offering of 75,000,000 units at $10.00 per unit. The units will be listed on The New York Stock Exchange (“NYSE”) and trade under the
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UPMC Spinout Astrata Launches NLP Platform to Improve Value-Based Care
What You Should Know:
- UPMC spinout company Astrata launches a natural language processing (NLP) technology platform that allows health insurers to more efficiently analyze unstructured clinical data.
UPMC Enterprises, the innovation and commercialization arm of UPMC has incubated and launched Astrata, a digital healthcare quality company. Astrata uses advanced analytics and natural language processing (NLP) to improve value-based care.
Founded by Rebecca Jacobson, M.D., M.S. Astrata
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Verily’s Onduo Virtual Care Solution Expands to Multi-Condition Platform
What You Should Know:
- Verily's Onduo, known for its tech-based solution for virtual diabetes management, is launching a new multi-condition platform that matches the right care to the right consumer at the right time. The expanded virtual care platform is designed to support patients managing type 2 diabetes and hypertension, with plans for further expansion into mental and behavioral health.- In addition, Onduo has introduced multi-language support to make the virtual
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Philips Launches Medical Tablet to Expand Remote Patient Management
What You Should Know:
- Philips announced the launch of the Philips Medical Tablet, an end-to-end, easy-to-implement, portable monitoring kit that enables remote access to patient data and allows clinicians to care for patients outside of the hospital.
- Aiming to serve larger patient populations during emergency situations like the COVID-19 pandemic, the Medical Tablet helps reduce exposure and provide continuous, quality patient care.
Royal Philips, announced the launch of Philips
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