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Digital Health | News, Analysis, Insights - HIT Consultant

ClosedLoop.ai Raises $34M to Expand Healthcare Data Science Platform

by Fred Pennic 08/17/2021 Leave a Comment

ClosedLoop.ai Raises $34M to Expand Healthcare Data Science Platform

What You Should Know: - ClosedLoop.ai., an Austin, TX-based healthcare data science platform, today announced it has raised $34 million in Series B financing led by Telstra Ventures with participation from Breyer Capital, Greycroft Ventures, .406 Ventures, and Healthfirst. Notable angel investors Adam Boehler (former director of CMMI & CEO of Landmark Health) and Sam Palmisano (former CEO of IBM) also participated in the round. - ClosedLoop’s explainable AI reimagines the concept
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Ultrahuman Secures $17.5M for Fitness Wearable Glucose Tracker

by Fred Pennic 08/17/2021 Leave a Comment

Ultrahuman Secures $17.5M for Fitness Wearable Glucose Tracker

What You Should Know: - Health tech startup Ultrahuman has raised $17.5 million in Series B funding as it sets out to re-invent fitness-tech via its glucose tracking wearable that helps people improve their diet and exercise. The series B funding came from Alpha Wave Incubation (AWI), which is backed by DisruptAD and managed by Falcon Edge, Steadview Capital, Nexus Venture Partners, Blume Ventures, and Utsav Somani’s iSeed fund. - Founded in 2020 by Mohit Kumar and Vatsal Singhal who were
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Virtual Health Clinic for Women & Families Maven Reaches $1B Valuation

by Jasmine Pennic 08/17/2021 Leave a Comment

Maven Raises $45M to Expand On-Demand Virtual Care for Women’s & Family Health

What You Should Know: - Maven, a New York City-based virtual health clinic for women and families announced it has raised $110M in Series D funding co-led by Dragoneer Investment Group and Lux Capital, with participation from BOND and existing investors Sequoia, Oak HC/FT, and Icon Ventures. Maven also welcomed Oprah Winfrey as an investor in its Series D round. - This brings Maven’s total funding to more than $200M at a valuation north of $1B-- making them the only unicorn in women’s and
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Prisma Health Taps TytoCare to Expand its Telehealth Offerings

by Jasmine Pennic 08/17/2021 Leave a Comment

Prisma Health Taps TytoCare to Expand its Telehealth Offerings

What You Should Know: - TytoCare has partnered with Prisma Health, the largest healthcare system in South Carolina, to expand its telehealth offerings. - The integration of TytoCare into Prisma Health’s current virtual care offering will allow the health system to diagnose and treat patients remotely with in-depth, physical examinations during video visits. Prisma Health is utilizing TytoCare for its federally funded post-COVID-19 disaster relief program, for professional use in schools,
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Why Healthcare Innovation Needs Human-Centered Principles

by Octavio Egea, Executive Strategy Director, frog 08/17/2021 Leave a Comment

Healthcare Design: Why Healthcare Innovation Needs Human-Centered Principles

Millions of people around the world have lost their health as a result of the pandemic. Millions more have lost loved ones. Trillions of dollars have been spent fighting the virus and restoring life post-pandemic, while many families have lost income, savings, or both.  COVID-19 has no doubt been catastrophic, but let it also be the wake-up call we need to improve experiences for both patients and healthcare providers alike. In a new era increasingly shaped by remote care, digital tools,
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Eko Launches Next Generation DUO ECG + Digital Stethoscope for Frontline Clinicians

by Jasmine Pennic 08/16/2021 Leave a Comment

Eko Launches Next Generation DUO ECG + Digital Stethoscope for Frontline Clinicians

What You Should Know: - Eko, a cardiopulmonary digital health company launches its next-generation Eko DUO, an FDA-cleared cardiac assessment tool that functions as an electrocardiogram (ECG) and digital stethoscope to detect early signs of heart disease and facilitate timely care and personalized disease management. - DUO is a pocket-sized cardiac examination system for clinicians used to detect early signs of heart disease and facilitate timely care for patients in and out of the clinic.
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Ultromics Raises $33M for AI-Enabled Echocardiograms to Help Clinicians Diagnose Heart Disease

by Fred Pennic 08/16/2021 Leave a Comment

Ultromics Raises $33M for AI-Enabled Echocardiograms to Help Clinicians Diagnose Heart Disease

What You Should Know: - Today, Ultromics, an Oxford, England-based health-tech startup announced it has raised $33M in Series B funding led by Blue Ventures, the investing arm of Blue Cross Blue Shield, and also includes investment from Optum Ventures, GV, and Oxford Sciences. -  Born at the University of Oxford and built-in partnership with the U.K.’s NHS, Ultromics has developed the first fully automated solution for echocardiography and analysis of global longitudinal strain (GLS).
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M&A: Labcorp Acquires Ovia Health to Expand Women’s Health Capabilities

by Jasmine Pennic 08/16/2021 Leave a Comment

Labcorp Extends Leadership in Women’s Health With Acquisition of Ovia Health

What You Should Know:  - Labcorp has announced the acquisition of femtech startup  Ovia Health, a digital health platform used by millions of women seeking information and support with family planning, pregnancy, and parenting. Financial details of the acquisition were not disclosed.  - The acquisition extends Labcorp’s position as a leading, go-to source for women’s health insights, opens new avenues for personalized care experiences, and fosters better dialogue between
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XpresSpa, 98point6 Partner to Provide Virtual Care to Travelers

by Jasmine Pennic 08/13/2021 Leave a Comment

XpresSpa, 98point6 Partner to Provide Virtual Care to Travelers

What You Should Know: - XpresSpa, a health and wellness company, announced an agreement with 98point6, an on-demand virtual primary care provider, to provide services for the new Treat™ Care app. - The Treat Care app will soon be available in the Apple App Store and the Google Play Store and will offer travel health and wellness content, access to board-certified health professionals, a travel wallet to store health records and more. 98point6 Overview 98point6 is an on-demand,
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Good Health Pass Releases Blueprint for Digital Health Passes to Restore International Travel

by Fred Pennic 08/13/2021 Leave a Comment

Good Health Pass Releases Blueprint for Digital Health Passes to Restore International Travel

What You Should Know: - The Good Health Pass Collaborative announced the release of the Good Health Pass Interoperability Blueprint, a proposed new set of interoperability specifications which, as they are adopted, will allow airlines and governments to verify travelers’ COVID status (proof of vaccination, testing, and recovery), while simultaneously ensuring that core principles – such as privacy, security, user-control, and equity – are protected.   - Over the past six
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