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Digital Health | News, Analysis, Insights - HIT Consultant

Israeli Digital Health Startup G Medical Innovations Withdraws $30M US IPO

by Jasmine Pennic 11/25/2020 Leave a Comment

Israeli Digital Health Company G Medical Innovations Withdraws $30M US IPO

What You Should Know: - Israeli-based G Medical Innovation has withdrawn its plans for an initial public offering (IPO) on Tuesday, Nasdaq first reports. - The company originally filed an IPO to raise $30 million by offering 5 million shares at a price range of $5 to $7 last month to list on the Nasdaq under the symbol GMVD. - The recent withdrawal marks the company's second attempt to go public in the US, previously filing in May 2019 and withdrawing the following August. The company
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Recent Executive Hires: CVS Health New President, Cleveland Clinic/Amwell Joint Venture Leadership, Others

by Fred Pennic 11/25/2020 Leave a Comment

Recent Executive Hires: CVS Health New President, Cleveland Clinic/Amwell Joint Venture Leadership, Others

CVS Health Corporation names Neela Montgomery Executive Vice President and President of CVS Pharmacy/Retail, effective November 30, 2020. Montgomery will oversee the company's 10,000 pharmacies across the United States. Montgomery, currently a Board Partner at venture capital firm Greycroft, most recently served as chief executive officer of furniture retailer Crate & Barrel and has nearly 20 years of global retail experience. The Cleveland Clinic and Amwell joint venture appoint
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Zebra Medical Vision to Co-Develop AI-Based Models for Osteoporosis Early Detection & Prevention

by Fred Pennic 11/25/2020 Leave a Comment

Zebra Medical Vision to Co-Develop AI-Based Models for Osteoporosis Early Detection & Prevention

What You Should Know: - Zebra Medical Vision, the deep-learning medical imaging analytics company, and Scottish digital transformation consultancy Storm ID were chosen to co-develop new AI-based osteoporosis prevention solutions under EUREKA intergovernmental network.  - The UK-Israel research and development grant will be co-developed with clinical teams from NHS Greater Glasgow and Clyde and Assuta Medical Centers in Israel. Scottish digital transformation
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NeuroFlow Partners with Wounded Warrior Project for Remote Behavioral Health Support

by Jasmine Pennic 11/25/2020 Leave a Comment

Wounded Warrior Project

What You Should Know: - During National Caregivers Month, Wounded Warrior Project and NeuroFlow are joining forces to raise awareness and access for mental health by providing access to new technology tools and care options - There are 53 million Americans who are unpaid caregivers to family, friends, neighbors and spouses. This shared burden is also widespread in the military community as many veterans and their caregivers battle silent burdens. NeuroFlow, the leader in
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UCB Taps Medisafe to Develop Branded Digital Drug Companions for Antiepileptic Medications

by Fred Pennic 11/24/2020 Leave a Comment

UCB Taps Medisafe to Develop Branded Digital Drug Companions for Antiepileptic Medications

What You Should Know: - UCB has selected Medisafe to develop branded digital drug companions for antiepileptic medications, marking the company’s official entry into the digital therapeutics space. - The initial collaboration will primarily be focused on their antiepileptic medications, but they are exploring its use for additional brands.  Medisafe, a leading digital therapeutics company specializing in digital companions, has been selected by UCB to develop branded digital
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DarioHealth Selected as Digital Chronic Care Solution by Self Insured, Fortune 500 Company

by Fred Pennic 11/24/2020 Leave a Comment

DarioHealth Launches Digital Diabetes Program on Walmart.com

What You Should Know: - DarioHealth Corp., a pioneer in the global digital therapeutics market, announced today that it has signed a contract to provide its digital therapeutics solution to eligible employees of a U.S.-based Fortune 500 technology company. - Dario's top-rated digital diabetes tools and coaching will be available to eligible employees and their dependents starting January 1, 2021 - Dario helps manage and improve the health of people living with chronic conditions such
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Eden Health Sees Positive COVID-19 Screens Down 84%, Launches Employer Dashboard

by Jasmine Pennic 11/24/2020 Leave a Comment

Eden Health Sees Positive COVID-19 Screens Down 84%, Launches Employer Dashboard

What You Should Know: - Eden has surpassed 180,000 daily COVID-19 patient screeners for employers and their workforces and has seen positive COVID-19 screenings drop 84% since it started screening in late March. - Isolating over 1,000 potential superspreader events to date, Eden Health adds Employer Dashboard to its Covid-19 solutions, giving HR leaders and execs a HIPAA-compliant, content-driven view into daily Covid-19 monitoring and screening results across employee
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SPAC Merges with 2 Telehealth Companies to Form Public Digital Health Company in $1.35B Deal

by Fred Pennic 11/23/2020 Leave a Comment

SPAC Mergers with 2 Telehealth Companies to Form Public Digital Health Company in $1.35B Deal

What You Should Know: - GigCapital2 Inc has agreed to merge with UpHealth Holdings Inc and Cloudbreak Health LLC to create a public digital healthcare company valued at $1.35 billion, including debt, the blankcheck acquisition company said on Monday. - The combined company will be named UpHealth, Inc. and will continue to be listed on the NYSE under the new ticker symbol “UPH”. Blank check acquisition company GigCapital2 agreed to merge with Cloudbreak Health, LLC, a unified
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AliveCor Receives FDA Clearance of Next-Gen EKG Algorithms

by Jasmine Pennic 11/23/2020 Leave a Comment

AliveCor Receives FDA Clearance of Next-Gen EKG Algorithms

What You Should Know: - AliveCor announced they received FDA clearance of new algorithms for use with their personal EKG devices, KardiaMobile and KardiaMobile 6L. These additional determinations will be available via a software upgrade for the Kardia devices in 2021. - The additional FDA-cleared algorithms double the number of heart rhythm disturbances that AliveCor’s Kardia devices can detect, broadening the number of patients who are able to use their remote
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Study: Asthma Patients Maintain High Medication Adherence Using Propeller Health’s Platform

by Fred Pennic 11/19/2020 Leave a Comment

Propeller Health’s Platform

What You Should Know: - New study out from Propeller and Chicago's NorthShore University HealthSystem shows that asthma patients maintain higher medication adherence and decrease their rescue inhaler use when using a digital health platform. - The study looked at 100 patients recruited from NorthShore practices, half of whom used Propeller to manage their condition and half of whom did not. - The treatment group maintained their high medication adherence at 68%, while the control
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