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Digital Health | News, Analysis, Insights - HIT Consultant

Xealth Secures $24M to Scale Digital Prescription Platform

by Fred Pennic 09/21/2021 Leave a Comment

Xealth Secures $24M to Scale Digital Prescription Platform

What You Should Know: - Xealth, a Seattle-based provider enabling digital health at scale, today announced that the company has secured $24 million in Series B funding led by Advocate Aurora Enterprises, a subsidiary of Advocate Aurora Health. Seven additional health systems – Banner Health, ChristianaCare, Cone Health, Memorial Hermann, Nebraska Medicine, Novant Health and Stanford Health Care – join existing health system investors Atrium Health, Cleveland Clinic, Froedtert & MCW Health
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eVisit Nabs $45 Million to Scale Virtual Care Platform

by Jasmine Pennic 09/21/2021 Leave a Comment

eVisit Nabs $45 Million to Scale Virtual Care Platform

What You Should Know: - eVisit, a Phoenix-based virtual care platform for large healthcare providers, today announced that it has closed a $45M in Series B financing round led by the Growth Equity business within Goldman Sachs Asset Management (Goldman Sachs), with participation from Texas Health Resources, Tom Burton and Steve Barlow (Co-founders of Health Catalyst), and existing insiders. - eVisit will invest the capital to drive growth by building out its Virtual Care platform and
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Alpha Medical Lands $24M for Women’s Virtual Primary Care Platform

by Jasmine Pennic 09/21/2021 Leave a Comment

Alpha Medical Lands $24M for Women's Virtual Primary Care Platform

What You Should Know: - Femtech company Alpha Medical, today announced it has raised $24M in Series B funding to expand its market share in women's virtual primary care. Alpha Medical recognizes that women’s healthcare needs reshaping to include reproductive health, primary and urgent care, and mental health services. - Alpha Medical leverages a unique telemedicine platform diagnosing and treating women quickly and conveniently from the comfort of their own home. The Alpha clinical team
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Nomad Health Secures $63M for Digital Marketplace for Temp Healthcare Jobs

by Jasmine Pennic 09/21/2021 Leave a Comment

Nomad Health Secures $63M for Digital Marketplace for Temp Healthcare Jobs

What You Should Know: - Nomad Health, a digital marketplace for temporary healthcare jobs, today announced the completion of $63M in new equity and debt financing led by Adams Street Partners and all existing investors participated, including Icon Ventures, Polaris Partners, RRE Ventures, .406 Ventures, First Round Capital, and Silicon Valley Bank. With this financing, the business has raised over $100M since the company’s inception in 2015. - The funding will be used to support Nomad
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9am.health Launches Virtual Diabetes Clinic, Raises $3.7M

by Fred Pennic 09/20/2021 Leave a Comment

9am.health Launches Virtual Diabetes Clinic, Raises $3.7M

What You Should Know: -  9am.health, a new San Diego, CA-based virtual diabetes clinic delivering personalized, affordable and kind care directly to consumers, today announced the launch of its unique virtual care platform, which provides comprehensive, affordable and compassionate care to people living with prediabetes or type 2 diabetes. In addition, the company also announced $3.7M in seed funding, which included participation from Founders Fund, Define Ventures, Speedinvest and iSeed
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Cerner/Livongo Exec Joins Quantum Health, UPMC, Other Executive Appointments

by Fred Pennic 09/17/2021 Leave a Comment

Cerner/Livongo Exec Joins Quantum Health, UPMC, Other Executive Appointments

Quantum Health, the industry leader in healthcare navigation and care coordination, announced that Zane Burke has joined the company as chief executive officer and member of the company’s Board of Directors. Prior to Quantum Health, Burke most recently chief executive officer of Livongo Health Inc. Burke assumes the role from Quantum Health founder and chief executive officer Kara Trott, who continues in her leadership role as Board Chair and will assist in a seamless transition. Healthcare
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Clinicians Believe Telehealth Will Make Up Majority of Future Patient Care, Report Finds

by Jasmine Pennic 09/17/2021 Leave a Comment

Clinicians Believe Telehealth Will Make Up Majority of Future Patient Care

What You Should Know: - 76% of patient-facing clinicians believe telehealth will make up a majority of patient care in the near future, according to key findings from Hewlett Packard Enterprise's (HPE) first-ever multi-country Future of Healthcare” Survey.  The new report not only found healthcare clinicians and IT Decision Makers (ITDMs) optimistic about the future of telehealth but 85% of ITDMs noted that IT modernization is now one of the driving forces behind infrastructure investment in
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Hinge Health Acquires wrnch for Advanced PT Tech to Track Human Motion

by Jasmine Pennic 09/17/2021 Leave a Comment

Hinge Health Acquires wrnch for Advanced PT Tech to Track Human Motion

What You Should Know: - Hinge Health, a Digital Musculoskeletal Clinic™, today announced it has acquired wrnch, developer of the leading computer vision platform for measuring human motion. Financial details of the acquisition were not disclosed. - wrnch’s three-dimensional motion-tracking technology enables the same precise tracking of full-body movement used by elite athletes and the motion picture industry. Hinge Health now has the largest computer vision team in digital health. -
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Vyne Medical Acquires Ahana Pediatrics and its Connected Care Solution

by Fred Pennic 09/17/2021 Leave a Comment

Vyne Medical Acquires Ahana Pediatrics and its Connected Care Solution

What You Should Know: Vyne Medical announced the acquisition of Ahana Pediatrics, Inc., and its advanced connected care solution. Designed to empower groups of clinicians to collaborate in delivering higher-quality care to patients, the technology will be incorporated into Vyne Medical’s cloud-based Refyne™ platform. Financial details of the acquisition were not disclosed. Vyne Medical’s SaaS-based Refyne platform helps optimize workflows and maximize reimbursements for hospitals, health
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Sorcero Raises $10M for AI-Powered Medical Language Intelligence Platform

by Jasmine Pennic 09/16/2021 Leave a Comment

Sorcero Raises $10M for Medical/Technical Language Intelligence Platform

What You Should Know: - Sorcero, a provider of medical and technical Language Intelligence (LI), today announced the close of a $10M Series A financing round led by CityRock Venture Partners and Harmonix Fund. The round also included participation from Rackhouse, Mighty Capital, and Leawood VC, and joining previous investors, Castor Ventures and Worldquant Ventures, to support the increasing demand from new and existing customers. - Sorcero’s Language Intelligence platform combines the
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