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Digital Health | News, Analysis, Insights - HIT Consultant

Highmark BCBS Expands Access to Freespira’s Digital Therapeutic to Help Treat PTSD, Panic Attacks

by Jasmine Pennic 02/03/2021 Leave a Comment

Freespira Secures $10M for FDA-Cleared Digital Therapeutic to Eliminate Panic Attacks, PTSD Symptoms

What You Should Know: - Health insurer Highmark expands access to FDA-cleared digital therapeutic Freespira proven to reduce the symptoms of panic disorder and PTSD for members in Pennsylvania, Delaware and Virginia. - The announcement follows a pilot study finding that nearly 9 out of 10 patients using the solution were symptom-free after treatment. Highmark Inc., the fourth-largest Blue Cross Blue Shield-affiliated organization announced it is expanding access to Freespira’s
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Casana Raises $14M to Expand IoT Heart Health Toilet Seat

by Fred Pennic 02/03/2021 Leave a Comment

Casana Raises $14 Million for In-home Heart Health Monitoring Device

What You Should Know: - Casana raises $14M in Series A funding to pursue FDA clearance for its an IoT heart health toilet seat that captures clinically relevant measurements, including heart rate, blood pressure, blood oxygenation, and cardiac output. Casana, previously known as Heart Health Intelligence, Inc., a healthcare technology firm that is re-inventing in-home health monitoring, today announced that it has raised $14M in Series A funding, bringing the total capital raised to
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Capital Rx Secures $50 Million to Redefine Prescription Pricing

by Jasmine Pennic 02/02/2021 Leave a Comment

PBM Capital Rx Secures $50 Million to Redefine Prescription Pricing

What You Should Know: - Capital Rx, the fastest-growing pharmacy benefit manager in the U.S., announced today that it has raised $50 million in Series B financing. - Following the recent launch of JUDITM, the industry’s first Enterprise Pharmacy Platform, Capital Rx will continue to expand the platform’s capabilities, including leveraging AI to improve clinical care. Capital Rx, a New York City-based pharmacy benefit manager in the U.S., announced it has raised $50 million in Series B
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Premise Health Acquires Sonic Boom to Expand Digital Engagement & Wellness Capabilities

by Fred Pennic 02/02/2021 Leave a Comment

Premise Health Acquires Sonic Boom to Expand Digital Engagement & Wellness Capabilities

What You Should Know: - As healthcare access continues evolving due to the pandemic, Premise Health, the world’s largest direct health care provider, today announced an acquisition of Sonic Boom Wellness, a leading provider of corporate wellness technology. - In the last year, Premise Health has emerged as a leader in digital wellness, delivering nearly 20 products virtually through its innovative Digital Wellness Center. The addition of Sonic Boom allows Premise Health — which
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Google Cloud Launches Intelligent COVID-19 Vaccine Impact Solution with AI-Powered Forecasting, Sentiment Analysis

by Fred Pennic 02/01/2021 Leave a Comment

Google Cloud Launches Intelligent COVID-19 Vaccine Impact Solution with AI-Powered Forecasting, Sentiment Analysis

What You Should Know: - Google Cloud, today announced the launch of its Intelligent Vaccine Impact Solution, a set of core solutions to help regional and local governments deliver successful COVID-19 public health strategies, ranging from vaccine information and scheduling to distribution and analytics, to forecasting and modeling COVID-19 cases, and more. - The Intelligent Vaccine Impact solution includes forecasting and modeling COVID-19 cases to inform vaccine distribution, vaccine
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EarlySense Sells Contact-Free Monitoring IP to Hilrom for $30M

by Fred Pennic 02/01/2021 Leave a Comment

EarlySense Sells Contact-Free Monitoring IP to Hilron for $30M

What You Should Know: - Today, health AI/predictive analytics company EarlySense announced that it has sold its proprietary contact-free continuous monitoring technology intellectual property (IP) to Hillrom for a cash consideration of $30 million, potential payments based on the achievement of certain commercial milestones, and a portion of Hillrom’s equity investment in EarlySense. - As part of the agreement, EarlySense will receive licensing for
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Humana Taps DispatchHealth to Power Hospital-Level Care in the Home

by Jasmine Pennic 02/01/2021 Leave a Comment

DispatchHealth Raises $135.8M to Expand On-Demand In-Home Care Model

What You Should Know: - Humana Inc. and DispatchHealth, a provider of in-home medical care, today announced an agreement to provide Humana members with access to an advanced level of care in the home – to help enhance patients’ experience and health outcomes. The Dispatch-Humana agreement is believed to be the country’s first program to provide hospital-level care involving a national payer. - The agreement will provide members living with multiple chronic conditions – such as cellulitis,
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Modern Health Acquires Mental Health Startup Kip to Expand Data-Driven Capabilities

by Jasmine Pennic 02/01/2021 Leave a Comment

Modern Health Acquires Mental Health Startup Kip to Expand Data-Driven Capabilities

What You Should Know: - Modern Health acquires San Francisco-based mental health startup Kip to expand the data-driven capabilities of its mental health and wellness platform supporting 200+ enterprises globally. - Founded in 2015, Kip connects users with qualified therapists and arms them with the tools to track observations, feedback, and outcomes about their mental health journey. By combining therapy with a mobile app that allows patients to engage with resources and maintain
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DarioHealth Acquires Musculoskeletal Solution Upright for $31M

by Fred Pennic 01/27/2021 Leave a Comment

DarioHealth Acquires Musculoskeletal Solution Upright for $31M

What You Should Know: - DarioHealth, a Livongo competitor acquires musculoskeletal startup Upright for $31 million to expand their chronic condition management capabilities focused on driving behavior change rather than treating the acute problem. This move will more than double revenue and create one of the largest integrated digital health companies in the space. In addition, DarioHealth rasiess $70 million through a private placement of its common stock priced at the market pursuant to
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Concentra Transitions Telemed Offering from Amwell to eVisit Virtual Care Platform

by Fred Pennic 01/26/2021 Leave a Comment

Concentra Transitions Telemed Offering from Amwell to eVisit Virtual Care Platform

What You Should Know: -  Concentra recently transitioned their three-year-old Concentra Telemed® offering from Amwell to the eVisit Virtual Care platform. - The eVisit Virtual Care platform is supporting all of Concentra’s telemedicine requirements, including its industry-leading 24/7/365 Concentra Telemed offering and Concentra Telerehab®, conducting more than 8,000 virtual visits a month. - eVisit was founded six years ago and is already in use at more than 100
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