What You Should Know:
- Techstars-backed OpenLoop raises $3M in funding to expand digital health marketplace to connect certified clinicians to telehealth opportunities.
- The company plans to use the funding to This financing enables OpenLoop to expedite the development of their marketplace technology and grow their team of experts.
OpenLoop, a Des Moines, Iowa-based virtual health company based in today announced their oversubscribed seed round financing of $3 million led by an
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Digital Health | News, Analysis, Insights - HIT Consultant
Komodo Health Launches Next-Gen AI to Accelerate Innovation and Close Gaps in Care
What You Should Know:
- Today, Komodo Health is capping off a month-long flurry of activity by announcing the launch of its Prism and Sentinel solutions — opening up access to its Healthcare Map to drive the next generation of AI innovation.
- Prism and Sentinel allows life sciences teams to tap into detailed patient behaviors and treatment patterns based on the real-world patient journeys of more than 325 million patients. The breakthrough software also allows life sciences teams to
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Vericred Nabs $23M for API Platform Exchange for Health Insurance & Employee Benefits
What You Should Know:
- Vericred, the data services platform powering digital quote-to-card experiences in health insurance and benefits, announced $23M in Series B funding led by Aquiline Technology Growth with participation from new investors Echo Health Ventures, MassMutual Ventures, Guardian Strategic Ventures, and existing investors Riverside Acceleration Capital, FCA Venture Partners and First Health Capital Partners.
- The company plans to use the new capital to expand its teams in
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Q1 2021 Health IT/Digital Health PC/VE, M&A, IPOs/ SPACs Activity
The first quarter of 2021 has been one of investor optimism as the vaccine rollout continues ahead of expectations and economic activity begins to accelerate in response. Within the Health IT industry, the already strong investment and M&A trends seen in 2020 have only accelerated. Over the course of the quarter, we observed $7 billion in private equity and venture capital investment across 158 companies.
By comparison, Q1 of 2020 saw $3.2 billion and 127 investments. Health IT
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AWS Launches Next Phase of Diagnostic Development Initiative
What You Should Know:
- Today, Amazon Web Services (AWS) launched the next phase of Diagnostic Development Initiative and expanded funding scope.
- In the first phase of the initiative, AWS has supported 87 organizations to date through this effort ranging from startups, nonprofits, research institutions, and businesses in 17 countries and awarded $8 million in computing credits and customized expertise from AWS Solutions
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Why the Digital-First, Patient-Centered Care is Critical to Healthcare
In the turmoil of one of the hardest years the healthcare industry has experienced, many healthcare organizations innovated nearly overnight, transforming bedside tablets into virtual care providers and parking garages into field hospitals. Through the help of agile, flexible technology, healthcare has empowered providers to support patient care anywhere.
The pandemic created a tipping point: The healthcare industry must accelerate its drive toward a digital-first mentality.
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American Cancer Society, Roundtrip Partner to Enable Transportation for Cancer Patients
What You Should Know:
- Healthcare tech & ridesharing company Roundtrip has rolled out its platform with the American Cancer Society (ACS), specifically its 'Road to Recovery' program in order to enable cancer patients to connect to the treatment they need. The goal is to reduce the overall cancer mortality rate by 40% by 2035.
- Together, Roundtrip and ACS will work to ease the stressful process of transportation coordination and allow patients to focus
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TytoCare & GIVA Care Partner to Bring Telehealth to Ukraine
What You Should Know:
- TytoCare has partnered with GIVA Care Group, a leading healthcare distribution company, to bring its all-in-one remote examination solution to the Ukrainian healthcare industry.
- The partnership with GIVA Care will mark the first implementation of the TytoCare telehealth solution in Eastern Europe. As the sole distributor
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Philips, Ibex Medical Analytics Partner on AI-Powered Digital Pathology Adoption
What You Should Know:
- Philips and Ibex Medical Analytics announced a strategic partnership to globally commercialize clinically proven, AI-powered digital pathology solutions. The collaboration further cements Philips’ commitment to integrated diagnostics providing a clear path to precision diagnosis.
- The trend towards centralized pathology labs, the global shortage of trained pathologists, and increasing demands on histopathology posed by the growing number of cancer
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Kaiser Names Diane Come New Chief Technology Officer
What You Should Know:
- Kaiser Permanente announced today that Diane Comer has been named the new chief information technology officer.
- In this role, she will lead Kaiser Permanente’s focus on developing and delivering innovative, strategic initiatives that improve the employee and consumer experience, and on continuing the organization’s efforts to deliver advanced, digitally-enabled tools to transform health care.
- Comer, who has served as interim chief information officer since
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