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Digital Health | News, Analysis, Insights - HIT Consultant

Virgin Pulse Completes Acquisition of Welltok – Health M&A

by Fred Pennic 11/10/2021 Leave a Comment

Virgin Pulse to Acquire Welltok to Enhance Health Activation: 5 Things to Know

What You Should Know: - Virgin Pulse, a global provider of tech-enabled wellbeing solutions, today announced it has completed acquisition of  Denver-based consumer activation company, Welltok, a leader in data analytics-based targeting and multi-channel outreach solutions. - Welltok’s proprietary activation engine is focused on motivating consumers, employees, patients, and members to complete targeted actions like participating in a mental health program, refilling a medication,
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Color Raises $100M at $4.6B Valuation to Expand Accessible, Equitable Public Health Infrastructure

by Fred Pennic 11/09/2021 Leave a Comment

Color Raises $100M at $4.6B Valuation to Expand Accessible, Equitable Public Health Infrastructure

What You Should Know: - Color, a San Francisco, CA-based health technology company committed to advancing public health, announced a $100 million Series E financing round at a valuation of $4.6 billion led by Kindred Ventures and by certain funds and accounts advised by T. Rowe Price Associates, Inc. with participation by existing investors General Catalyst, Viking Global Investors, and Emerson Collective. - Color makes population-scale healthcare programs accessible, convenient, and
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Sirona Medical Secures $40M for Cloud-Native Radiology Operating System

by Fred Pennic 11/09/2021 Leave a Comment

Sirona Medical Secures $40M for Cloud-Native Radiology Operating System

What You Should Know: - Sirona Medical, a San Francisco, CA-based cloud software company for radiologists taking on legacy technology, announced $40 Million in Series B funding led by GreatPoint Ventures and joined by Rose Park Advisors and Avidity Partners, with additional participation from previous investors including 8VC and Global Founders Capital. - Sirona Medical Inc. is addressing the needs of today’s radiology
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Caption Health, Ultromics Partner for AI-Powered Heart Disease Detection

by Fred Pennic 11/09/2021 Leave a Comment

Caption Health AI Awarded FDA Clearance for Point-of-Care Ejection Fraction Evaluation

What You Should Know: - Caption Health and Oxford University spin-out Ultromics have teamed up to empower a broader set of healthcare providers and put heart disease detection and management tools in more hands. This is a second strategic partnership that Caption Health secured in the last three months to enable earlier disease detection and management with AI-based guidance and diagnostics. - Together, the companies will offer the Caption AI™ software platform alongside Ultromics’ EchoGo®
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Bright Health, MedArrive Partner to Deliver Preventative In-Home Care

by Jasmine Pennic 11/09/2021 Leave a Comment

Bright Health, MedArrive Partner to Deliver Preventative In-Home Care

What You Should Know: - Bright HealthCare (“Bright Health”), a tech-enabled health insurance carrier, announced a new partnership with MedArrive, a healthcare platform that enables payers and providers to extend medical services into the home. Through the program, which recently kicked off in Charlotte, North Carolina, Bright Health is tapping MedArrive’s network of highly skilled EMS professionals within the community to conduct in-home preventive health visits coupled with physician-led
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Blue Cross NC Expands Telehealth Offerings with Teladoc Health

by Jasmine Pennic 11/09/2021 Leave a Comment

Blue Cross NC Expands Telehealth Offerings Through Collaboration with Teladoc Health

What You Should Know: - Blue Cross NC has announced the rollout of Teladoc Health’s full suite of virtual care services, including chronic condition management and mental health, to select Blue Cross NC employers and members. With Teladoc Health, Blue Cross NC can continue to offer more equitable access to chronic disease digital solutions regardless of physical location and work to make health care better for all North Carolinians. - Members on most Blue Cross NC individual and fully
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The Helper Bees Taps Roundtrip to Provide Transportation Services for Members

by Jasmine Pennic 11/09/2021 Leave a Comment

medicare, Medicare Advantage, non-medical-emergency medical transportation, Roundtrip Health

What You Should Know: - The Helper Bees (THB), a full-service insurtech company that creates innovative aging-in-place solutions for both payers and insureds, announced a provider partnership with Roundtrip, the leading technology solution for non-emergency medical transportation (NEMT). This agreement will bring better transportation options to Medicare Advantage (MA), Long Term Care Insurance (LTCI), health systems, and patients nationwide. - By adding Roundtrip to this network, The
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3 Barriers to Decentralized Clinical Trials Adoption

by Michael Delisle, VP, Practice Leader for Digital Health at GattiHR 11/09/2021 Leave a Comment

3 Barriers to Decentralized Clinical Trials Adoption

It’s official. Decentralized clinical trials have disrupted the clinical trial process for good. The COVID-19 pandemic elevated many digital innovations, proving that virtually connecting with patients is not only convenient but necessary when it comes to providing equitable access to cutting-edge treatments and clinical research. Historically, traditional clinical trials have always experienced recruitment and retention challenges due to inconveniently located trial sites, lack of awareness
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Philips Acquires Cardiologs to Expand Cardiac Diagnostics & Monitoring Portfolio

by Fred Pennic 11/08/2021 Leave a Comment

Philips Acquires Cardiologs to Expand Cardiac Diagnostics & Monitoring Portfolio

What You Should Know: - Philips today announced that it has signed an agreement to acquire Paris-based Cardiologs, a France-based medical technology company focused on transforming cardiac diagnostics using artificial intelligence (AI) and cloud technology. - Cardiologs will further strengthen Philips’ cardiac monitoring and diagnostics offering with innovative software technology, electrocardiogram (ECG) analysis and reporting services. Financial details of the acquisition were not
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Beacon Biosignals Secures $27M to Scale EEG Neurobiomarker Discovery Platform

by Fred Pennic 11/08/2021 Leave a Comment

Beacon Biosignals Secures $27M to Scale EEG Neurobiomarker Discovery Platform

What You Should Know: - Beacon Biosignals, a neurotechnology company applying artificial intelligence to EEG (electroencephalography) to unlock precision medicine for any condition affecting the brain, has announced an oversubscribed $27M Series A financing led by General Catalyst and with participation from Casdin Capital. This capital brings Beacon Biosignals' total funding to date to $30M. - Founded in 2019 by MD/PhDs and engineers from Harvard and MIT, Beacon's launch was propelled by
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