What You Should Know:
- Wellstar Health System has launched Catalyst by Wellstar, a global digital health and innovation center to connect and collaborate with industry-leading corporations, enterprise startups, and universities to fuel innovation.
- To foster meaningful discussion, action, and philanthropy around healthcare innovation, the Catalyst by Wellstar leadership team will participate in a Wellstar Foundation-hosted Innovation Series virtual event on June 15.
- The first
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Digital Health | News, Analysis, Insights - HIT Consultant
DarioHealth Acquires Digital Behavioral Health Platform wayForward for $30M
What You Should Know:
- DarioHealth Corp., a pioneer in the global digital therapeutics market, today announced it has entered into an agreement to acquire PsyInnovations, Inc. (dba wayForward), a behavioral health digital platform that includes AI-enabled screening to triage and navigate members to specific interventions, digital Cognitive Behavioral Therapy (CBT), self-directed care, expert coaching and access to in-person and telehealth provider visits.
- The wayForward platform
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7WireVentures Launches $150M Connected Consumer Health Fund
What You Should Know:
- Digital health venture capital firm 7WireVentures today announced it has closed a $150M Connected Consumer Health Fund to invest in early-stage digital health businesses that empower an Informed Connected Healthcare Consumer.
- In addition to the fund, 7WireVentures announced the addition of new healthcare organizations to the Connected Consumer Health Coalition, a partnership of top health plans, health systems, employers, and life science organizations. Select
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Cue Health Raises $235M to Scale Connected, Molecular Diagnostic System
What You Should Know:
- Cue Health Inc., a health technology company, today announced the closing of a $235 million private financing round. The investment includes participation from new investors Perceptive Advisors, MSD Capital, and Koch Strategic Platforms, a subsidiary of Koch Industries, existing investors Johnson & Johnson Innovation – JJDC, Inc. (JJDC), Decheng Capital, CAVU Ventures, ACME Capital, and others.
- In March, the FDA granted Emergency Use Authorization for
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CVS Health Expands Return Ready Vaccine Clinics to Accommodate Small Business & Schools
What You Should Know:
- Today, CVS Health announced that it will expand Return Ready, the company’s comprehensive COVID-19 solution that helps employers and schools return and maintain healthy communities, with scalable vaccine clinics to accommodate smaller workplaces/communities and schools given the Food and Drug Administration (FDA) emergency use authorization of the Pfizer-BioNTech vaccine for adolescents ages 12 to 15.
- Small businesses and schools with more than
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Redesign Health Spinout Jasper Health Launches AI-Driven Cancer Care Platform
What You Should Know:
- Jasper Health launched today as the first end-to-end care experience that navigates, connects, and provides actionable insights throughout the cancer journey for individuals with cancer, their caregivers, and providers.
- Jasper combines an easy-to-navigate user interface with leading oncology support to help guide Jasper Members and caregivers through the myriad of challenges that arise post-diagnosis. United by a team of digital health experts, specialized
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FDA Approves First Ortho-K Contact Lens to Manage Myopia
What You Should Know:
- Today, Johnson & Johnson Vision announced that the U.S. Food and Drug Administration (FDA) has approved ACUVUE® Abiliti™ Overnight Therapeutic Lenses, the first and only orthokeratology (ortho-k) contact lens for the management of myopia.
- Myopia, or ‘nearsightedness,’ is a chronic and progressive disease. Research shows that myopia will affect half of the world’s population by 2050,
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DrFirst Raises $50M in Follow-On Equity Investment, Totals $135M
What You Should Know:
- DrFirst, a provider of e-prescribing, price transparency, and medication management solutions, announced today the closing of a $50 million equity investment from Sixth Street Growth, a leading global investment firm. Following Sixth Street’s previous $35 million investment and another $50 million from Goldman Sachs Growth, both in 2020, DrFirst’s investment total over the past year is now $135 million.
- The company’s solution is used by nearly 300,000 healthcare
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Bose Launches First FDA-Cleared DTC Hearing Aids
What You Should Know:
- Bose is entering the digital health market launch of Bose SoundControl Hearing Aids – the first FDA-cleared, direct-to-consumer hearing aid.
- Weighing 3 grams each, the new SoundControl™ Hearing Aids are developed for adults with perceived mild to moderate hearing loss. Eight batteries are included in total, and one lasts up to four days when used 14 hours daily. They can be replaced wherever hearing aid batteries are sold and easily changed via a
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UltraSight Raises $13M to Bring AI-Guided Cardiac Ultrasound to Point of Care
What You Should Know:
- UltraSight, an Israeli based digital health company focused on transforming cardiac sonography through the power of machine learning, announced today that it has closed a $13 million Series B funding round.
- Cardiac sonography is a skill that takes years to develop. It requires daily practice to achieve a high level of proficiency, resulting in a shortage of highly specialized professionals. UltraSight offers clinicians, with no prior sonography training, the
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