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Digital Health | News, Analysis, Insights - HIT Consultant

Conversa Health Expands Series B to $20M with Additional $8M in Funding

by Jasmine Pennic 01/19/2021 Leave a Comment

Backed by Northwell, Conversa Health Raises $12M for AI-Powered Chatbots

What You Should Know:  - Conversa Health raises an additional $8M, expanding its Series B round to $20M for its automated virtual care platform, totaling $34M in funding to date. - The Series B round, first announced at $12 million in June, was co-led by Builders VC and Northwell Ventures, the corporate venture arm of Northwell Health, New York’s largest healthcare provider with 23 hospitals and 800 outpatient facilities. - Founded in 2014, Conversa enables health systems
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Abbott to Launch App to Track and Report Pain Relief in Chronic Pain Patients

by Fred Pennic 01/18/2021 Leave a Comment

Abbott to Launch App to Track and Report Pain Relief in Chronic Pain Patients

What You Should Know: - Abbott launches new app, NeuroSphere myPath that will allow patients to record their pain relief during the device trial period with spinal cord stimulation or dorsal root ganglion therapy, simplify reporting outcomes and connect patients to physicians who have real-time access to this data - NeuroSphere myPath will be available in the Apple App Store in the coming weeks and will be compatible with the latest iOS operating system Abbott announced the upcoming
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CVS Health Launches Senior Medical Alert System, Symphony

by Jasmine Pennic 01/14/2021 Leave a Comment

CVS Health Launches Senior Medical Alert System, Symphony

What You Should Know: - Today, CVS Health announced Symphony, a medical alert system designed to keep seniors safe and connected at home. - Symphony consists of a collection of in-home and wearable devices that offer a new at-home experience by connecting a suite of sensors that can monitor for falls, motion, and room temperature while also providing a 24/7 personal emergency response platform for use when needed. CVS Health, today announced the release of Symphony medical alert
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How COVID-19 Reshaped Healthcare Consumerism & 4 Key Trends to Know for 2021

by Fred Pennic 01/13/2021 Leave a Comment

How-COVID-19-Reshaped-Healthcare-Consumerism-4-Key-Trends-to-Know-for-2021

What You Should Know: - NRC Health today released its 2021 Healthcare Consumer Trends Report, which surveyed 2 million healthcare consumers against the backdrop of the ongoing coronavirus pandemic. - The latest report highlights the major trends that came to light last year, and how they will continue to impact the healthcare industry in 2021 and beyond - from declining brand loyalty, increased care deferment, the fast adoption of telehealth, a rise in wearable tech, and a broader focus
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NeuroFlow Secures $20M for Tech-Enabled Behavioral Health Integration Platform

by Fred Pennic 01/13/2021 Leave a Comment

NeuroFlow Secures $20M for Tech-Enabled Behavioral Health Integration Platform

What You Should Know: - NeuroFlow raises $20M to expand its technology-enabled behavioral health integration platform, led by Magellan Health. - NeuroFlow’s suite of HIPAA-compliant, cloud-based tools simplify remote patient monitoring, enable risk stratification, and facilitate collaborative care. With NeuroFlow, health care organizations can finally bridge the gap between mental and physical health in order to improve outcomes and reduce the cost of care. NeuroFlow, a
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Teladoc Health, Dexcom Offers CGM-Powered Insights to People with Type 2 Diabetes

by Fred Pennic 01/11/2021 Leave a Comment

Teladoc Health, Dexcom Offers CGM-Powered insights to People with Type 2 Diabetes

What You Should Know: - Teladoc Health and Dexcom announced an expanded partnership on a new offering measures the impact of continuous glucose monitoring and real-time health recommendations for people with Type 2 diabetes at no cost. Teladoc Health, Inc., the first and only comprehensive virtual care system, and DexCom, Inc., the leader in real-time continuous glucose monitoring (CGM), today announced that joint Livongo for Diabetes and Dexcom members will now
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Frenova Begins Patient Enrollment to Build World’s Largest Genomics Registry for Kidney Disease

by Jasmine Pennic 01/11/2021 Leave a Comment

Frenova Begins Patient Enrollment to Build World’s Largest Genomics Registry for Kidney Disease

What You Should Know: - Frenova Renal Research, a global division of Fresenius Medical Care, announced today that it has started to enroll patients in its new endeavor to build the world’s largest genomics registry targeting kidney disease. - The registry will be used to help advance understanding of the genetic drivers of kidney disease and shape more precise, individualized therapies. Fresenius Medical Care, the world’s leading provider of products and services for people
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Transformation Capital Launches $500M Digital Health Fund

by Fred Pennic 01/08/2021 Leave a Comment

Transformation Capital Launches $500M Digital Health Fund

What You Should Know: - Transformation Capital Partners, L.P. (“Transformation Capital”) announced the launches of it’s $500M growth equity fund, Transformation Capital Fund II, L.P. - The new fund will focus on investing between $10 to $30M in commercial-stage digital health companies and technology-enabled service businesses that are improving the healthcare system. - Led by Todd Cozzens, Dr. Jared Kesselheim and Mike Dixon, Transformation Capital manages over $800 million across the
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Xealth’s CEO Shares Impact of Digital Health in 2020 and What’s Ahead in 2021

by Fred Pennic 01/07/2021 Leave a Comment

Xealth’s CEO Shares Impact of Digital Health in 2020 and What’s Ahead in 2021

HIT Consultant sat down with Mike McSherry, CEO, and co-founder of Seattle-based digital prescription platform Xealth to discuss digital health lessons learned in 2020 and what we can expect in 2021. As Xealth’s CEO, Mike also works with Duke Health, UPMC, Atrium Health, and The Froedtert & the Medical College of Wisconsin health network where he uses his background in digital health to connect patients and care teams outside of traditional care settings.  HITC: In 2021, How can digital
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Cone Health Transforms Maternity Campus into COVID-19 Only Hospital in 28 Days

by Jasmine Pennic 01/05/2021 Leave a Comment

Cone Health Transforms Maternity Campus into COVID-19 Only Hospital in 28 Days

What You Should Know: - Cone Health transforms its maternity campus into North Carolina’s first designated COVID-19 hospital in 28 days. Cone Health transformed its former women’s health campus into a designated COVID-19 hospital in 28 days. Using teamwork and technology, the Cone Health Green Valley campus in Greensboro, North Carolina became the area’s first specialized COVID-19 hospital, boasting the latest development in coronavirus
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