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Digital Health | News, Analysis, Insights - HIT Consultant

BioT Raises $6.5M to Transform Medical Devices Into Connected Solutions

by Jasmine Pennic 07/01/2021 Leave a Comment

BioT Raises $6.5M to Transform Medical Devices Into Connected Solutions

What You Should Know: -  BioT, a TEL AVIV, Israel-based provider of medical devices cloud connectivity and remote care, announced $6.5 million Seed Round financing led by Bridges Israel, together with North First Ventures, and XT Hi-Tech. - Connected Care is quickly becoming a major factor in the healthcare industry by eliminating the need for patients to return to a physician's office for check-ups and monitoring. BioT is a low-code, easy-to-integrate, cloud-based platform for
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Welltok Introduces New Consumer-Facing Marketplace

by Jasmine Pennic 07/01/2021 Leave a Comment

Welltok Introduces New Consumer-Facing Marketplace

What You Should Know: -    Welltok, a consumer activation company, introduced The Connect Store, a new consumer-facing marketplace that allows users to spend designated benefits dollars or pay directly for health and wellbeing programs and products that meet their immediate needs. - This supplemental benefit program features Welltok’s Connect Partners Ecosystem and helps Welltok clients like health plans and employers offer more extensive wellbeing without additional costs
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EchoNous Closes $60M for AI-Assisted Handheld Ultrasound Device

by Fred Pennic 06/30/2021 Leave a Comment

EchoNous Closes $60M for AI-Assisted Handheld Ultrasound Device

What You Should Know: - EchoNous, a Redmond, WA-based portable AI-guided ultrasound tools and platform, announced it has raised $60 million in funding from Kennedy Lewis Investment Management (“Kennedy Lewis”). - The investment from Kennedy Lewis combines senior secured debt and equity and builds on the support of KKR, which has been EchoNous’ principal investor since 2015. Kennedy Lewis' funding will help further the development of and grow adoption for the Kosmos platform, which is
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Ro Acquires At-Home Diagnostic Testing Company Kit – M&A

by Fred Pennic 06/30/2021 Leave a Comment

Ro Acquires At-Home Diagnostic Testing Company Kit – M&A

 What You Should Know: - Healthcare technology company, Ro today announced the acquisition of Kit, an at-home diagnostics company that offers self-administered diagnostic tests, including finger prick blood assays, blood pressure tests, weight measurement tools, and more—all shipped directly to their door. Financial details of the acquisition were not disclosed. - The acquisition of Kit will serve as a critical piece to Ro’s vertically integrated platform, which already offers
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AbleTo Launches Clinically Guided Member Experience for 21M Eligible Lives

by Jasmine Pennic 06/30/2021 Leave a Comment

AbleTo Launches Clinically Guided Member Experience for 21M Eligible Lives

What You Should Know: - AbleTo, a leading provider of high-quality, virtual behavioral health care, today announce new, clinically guided, fully integrated member experience for 21M eligible lives. The launch includes AbleTo Connect, a digital engine that guides members to the right level of care, and the new AbleTo app, a single place to find all AbleTo resources and newly enhanced support features. - This launch comes at a time when more than
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Mayo Clinic, Spire Health to Co-Develop Remote Pulmonary Rehab Program

by Fred Pennic 06/29/2021 Leave a Comment

Mayo Clinic, Spire Health to Co-Develop Remote Pulmonary Rehab Program

- Spire Health and Mayo Clinic announced a strategic collaboration to integrate Mayo Clinic’s remote pulmonary rehabilitation program into Spire Health’s respiratory remote patient monitoring (RPM) service. - Developed by Dr. Roberto Benzo and his team at the Mindful Breathing Laboratory, Mayo Clinic’s remote pulmonary rehabilitation program has been the recipient of multiple, multi-year grants from the National Institute of Health (NIH). - The program, validated using randomized
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SUD: Can Digital Health Solutions Remove Stigmas Around Addiction?

by Nicholas Mercadante, CEO & Co-Founder PursueCare 06/29/2021 Leave a Comment

We can safely take for granted that a doctor treating your back pain isn’t going to determine the course of care based on whether she thinks you’ll fully commit to getting better. She isn’t likely to start treatment with a contract stating that the only way to stay in treatment is to commit to doing everything she requires and reaching total recovery. She isn’t going to set arbitrary parameters for how fast you should recover. It’s also safe to assume that your quest to get care for back pain
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XSOLIS Raises $75M for AI-Driven Precision Utilization Management Platform

by Fred Pennic 06/28/2021 Leave a Comment

XSOLIS Raises $75M for AI-Driven Precision Utilization Management Platform

What You Should Know: - XSOLIS, a healthcare technology firm focused on improving healthcare operations announced it has raised $75M in minority growth investment from Brighton Park Capital ("Brighton Park"), a research-driven investment firm. - XSOLIS is an artificial intelligence-based software platform that helps national health systems and payers streamline the utilization management process. - XSOLIS' suite of data-driven solutions leverages insights from proprietary machine
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Walmart to Offer Included Health’s Care Navigation Platform to LGBTQ+ Employees & Families

by Jasmine Pennic 06/28/2021 Leave a Comment

Walmart to Offer Included Health’s Care Navigation Platform to LGBTQ+ Employees & Families

What You Should Know: - Today, Walmart announced it is teaming up with Included Health, a LGBTQ+ focused care navigation platform to provide a new healthcare benefit for LGBTQ+ employees and their loved ones.  - Through its partnership with Grand Rounds, associates on a Walmart medical plan and their covered dependents will now be eligible to leverage Included Health’s care-navigation platform tailored for the LGBTQ+ community. Why It Matters LGBTQ+ people face serious
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TRIPP Secures $11M to Expand Digital Psychedelic Wellness Platform for Mental Health

by Fred Pennic 06/25/2021 Leave a Comment

TRIPP Secures $11M to Expand Digital Psychedelic Wellness Platform for Mental Health

What You Should Know: - TRIPP, a Los Angeles-based digital psychedelic platform, announced it has raised $11M in funding led by Vine Ventures, and Mayfield with equal participation from Integrated. TRIPP’s Series A also includes particpation from AlphaBridge Ventures, Beni VC,  Berkeley Club, CJ Group, CTR Capital, Evolution, Robert Goldberg, Tony Greenberg, Grit VC, Incisive Ventures, Inflect Health, Iter Investments, Joanna Popper, Jim Dew, Joe Polish, JLS Fund, Lionheart Ventures,
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