The pandemic has set ablaze the white-hot market for Digital Therapeutics (DTx), which “deliver medical interventions directly to patients using evidence-based, clinically evaluated software to treat, manage, and prevent a broad spectrum of diseases and disorders1.” In 2020, a digital research firm projected the global DTx market to hit nearly $9 billion by 2025; a year later, its 2025 DTx forecast had increased to $56 billion2.
One of the few bright spots of 2020 was how quickly and
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Digital Health | News, Analysis, Insights - HIT Consultant
15 HLTH 2021 Predictions from Digital Health Executives to Watch
Before HLTH 2021 kicks off in Boston on October 17th, here are 15 predictions from digital health executives to watch:
"The explosion of telehealth will certainly be a hot topic at HLTH. I expect the other trend will be focusing on mental health, especially in the context of the post-Covid era. And of course, we will continue the conversation on interoperability, data, and AI."
“We’re looking forward to hearing about the acceleration of technology-driven performance and accountability
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Intelerad Acquires Ambra Health, Forming $1.7B Leader in Cloud PACS and Enterprise Imaging Platform
What You Should Know:
- Today, Intelerad Medical Systems™, a global leader in medical image management solutions, announced its acquisition of Ambra Health, forming the global leader in cloud PACs and enterprise imaging. The acquisition marks Intelerad’s fourth deal this calendar year, with the transaction valuing the combined company $1.7B.
- Ambra powers some of the largest health systems - such as Johns Hopkins Medicine, Memorial Hermann and New York-Presbyterian, as well as
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GHX Acquires Explorer Surgical: Getting Closer to the Patient
What You Should Know:
- Today, GHX announced it has acquired Chicago-based Explorer Surgical, operator of a comprehensive digital and remote case support platform that connects suppliers with provider teams. Financial details of the acquisition were not disclosed.
- With today’s increased focus on value-based care and reimbursements increasingly being tied to positive patient outcomes, GHX and Explorer Surgical will help enhance collaboration between healthcare providers and
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Healthcare APIs: 3 Ways APIs Differ in Healthcare vs. Enterprise
The recent enforcement of new rules to encourage the freer flow of healthcare data mainly through application programming interfaces (APIs) has jolted providers and payers into action to meet interoperability standards.
However, the rush to comply with the new requirements and avoid penalties may blind them to the subtleties and complexities of healthcare contexts as well as the significant differences between building APIs in this space versus for enterprises.
As major investments in
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Lark Health Raises $100M for Digital Care Management & Prevention Platform
What You Should Know:
- Lark Health, a healthcare technology company aimed at delivering infinitely scalable, virtual chronic and preventative healthcare through conversational AI announced it has raised $100M in Series D funding led by Deerfield Management Company. The funding round also includes crossover fund PFM Health Sciences, as well as returning investors Franklin Templeton, King River Capital, Castlepeak, IPD, Olive Tree Capital, and Marvell Technology cofounder Weili Dai.
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Backed by a16z, Sprinter Health Raises $33M to Build the “DoorDash for Lab Draws”
What You Should Know:
- Sprinter Health, an on-demand mobile health company that wants to make getting lab work done, vitals checked or a rapid Covid test as easy as ordering food delivery, today launched with $33 Million in Series A funding led by Andreessen Horowitz (a16z), with participation from General Catalyst, Accel, Google Ventures (GV), and other leading investors.
- The innovative healthcare technology company will use the funds to expand its last-mile healthcare
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Fitbit Awards 6 Researchers $300k to Drive Health Equity
What You Should Know:
- Fitbit, today announced it has awarded six researchers more than a total of $300,000 in Fitbit devices and services to support their research projects working to address health disparities in communities. Over the past decade, researchers have used Fitbit devices in over 900 health studies, in areas like diabetes, heart disease, oncology, mental health, infectious disease and more.
- Additionally, Fitbit’s long-time partner, Fitabase, will provide all projects
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3 Ways to Address Gender and Racial Bias in Clinical Trials
I have dedicated my career to clinical research and making strides to advance modern medicine. In the work I do as a clinical researcher, we are addressing racial and gender biases that exist today in clinical trials. For example, in cardiovascular disease—my area of study—we know that women’s symptoms present differently than men and yet their symptoms have often gone undiagnosed or dismissed by physicians.
It is well documented that communities of color have historically been mistreated by
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Best Buy Acquires Care-At-Home Platform Current Health – M&A
What You Should Know:
- Best Buy, today announced it has signed an agreement to acquire Boston-based Current Health, an enterprise care-at-home technology platform that brings together remote patient monitoring, telehealth, and patient engagement into a single solution for healthcare organizations. Financial details of the acquisition were not disclosed.
Founded in 2015, Current Health’s enterprise care-at-home platform enables healthcare organizations to deliver high-quality,
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