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Digital Health | News, Analysis, Insights - HIT Consultant

Providence Ventures Spins Out, Forms Allumia Ventures

by Fred Pennic 01/07/2025 Leave a Comment

Providence Ventures Spins Out, Forms Allumia Ventures

What You Should Know:  - Allumia Ventures, formerly known as Providence Ventures, announced its spin-off from Providence to become an independent venture capital firm.  - The spin out follows the first close of its third fund, marking a significant milestone in the firm's evolution. The firm will continue to work closely with Providence as an Anchor Limited Partner while inviting a select group of other healthcare organizations to join its third fund. Allumia Ventures
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ONRAD Acquires Direct Radiology from Philips, Creating Largest Independent Teleradiology Provider in the US

by Fred Pennic 01/07/2025 Leave a Comment

ONRAD Acquires Direct Radiology from Philips, Creating Largest Independent Teleradiology Provider in the US

What You Should Know:  - ONRAD Inc., a provider of teleradiology and comprehensive radiology solutions, announced the acquisition of Direct Radiology from Royal Philips. Financial terms of the acquisition were not disclosed.  - Direct Radiology, founded in 2012, is a Joint Commission-accredited practice with a network of approximately 80 radiologists serving over 430 healthcare facilities across the US. By integrating Direct Radiology's extensive network and expertise, ONRAD
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5 Vocal Biomarker Trends to Watch in 2025

by Henry O’Connell, CEO and Co-Founder, Canary Speech 01/07/2025 Leave a Comment

5 Vocal Biomarker Trends to Watch in 2025

In recent years, the use of AI-enhanced ambient listening tools has transformed the way clinicians utilize vocal biomarkers for cognitive and behavioral health assessments. As these technologies expand, clinicians are exploring use-cases for a wider range of languages, populations, and more conditions as well. Looking ahead to 2025, expect vocal biomarkers to play a more essential role in disease detection, offering valuable insights while saving time for both
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Twentyeight Health Secures $10M to Expand Access to Affordable Women’s Healthcare

by Jasmine Pennic 01/07/2025 Leave a Comment

Twentyeight Health Secures $10M to Expand Access to Affordable Women's Healthcare

What You Should Know:  - Twentyeight Health, a digital-first women's healthcare platform raises $10M in a Series A funding round led by Seae Ventures, with participation from Impact America Fund, The Social Entrepreneurs' Fund, RH Capital, Impact Engine, Gratitude Railroad, and Townhall Ventures.  - The latest round brings the company's total funding to $25M and will fuel its mission to provide convenient, affordable, and stigma-free reproductive and sexual care to women across
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Pepticom Secures $6.6M to Advance AI-Powered Peptide Drug Discovery

by Fred Pennic 01/07/2025 Leave a Comment

Pepticom Secures $6.6M to Advance AI-Powered Peptide Drug Discovery

What You Should Know:  - Pepticom, an innovator in AI-driven peptide-based therapeutics secures $6.6M in a Series A1 funding round led by Japan Israel High Tech Ventures 2 LP, with strong support from existing investors.  - The new funding will accelerate the development of Pepticom's oral IL-17 inhibitor program, focusing on creating improved treatments for autoimmune diseases like psoriasis and psoriatic arthritis. Revolutionizing Autoimmune Disease Treatment Pepticom is
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ActiGraph Acquires Biofourmis Life Science Business

by Fred Pennic 01/07/2025 Leave a Comment

ActiGraph Acquires Biofourmis Life Science Business

What You Should Know:  - ActiGraph, a global leader in wearable digital health technology, announced the acquisition of Biofourmis Connect, a division of Biofourmis specializing in AI-powered digital trial platforms for the life science industry. Financial terms of the acquisition were not disclosed. - The acquisition combines ActiGraph's expertise in wearable technology with Biofourmis Connect's advanced analytics capabilities, creating a comprehensive and unified solution for
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GoodRx Launches GoodRx for Pets Experience, Offering Savings and Home Delivery for Pet Medications

by Jasmine Pennic 01/07/2025 Leave a Comment

GoodRx for Pets Launches Pet Medications Savings & Home Delivery

What You Should Know:  - GoodRx (Nasdaq: GDRX), a prescription savings platform, today announced a new and improved GoodRx for Pets experience.  - The enhanced offering provides pet owners with a more affordable and convenient way to access pet medications, combining savings with home delivery options.   GoodRx for Pets: A Comprehensive Solution The rising cost of pet healthcare has become a significant concern for many Americans. In 2023 alone, pet owners spent
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Wellumio Expands Stroke Detection Device to U.S. Market

by Fred Pennic 01/06/2025 Leave a Comment

Wellumio Expands Stroke Detection Device to U.S. Market

What You Should Know:  - Wellumio, a New Zealand-based medical device innovator announced the launch of a new subsidiary in California, a strategic move aimed at facilitating US-based clinical trials for its groundbreaking Axana device and accelerating its commercial rollout in the United States. - Wellumio's expansion to the United States marks a significant milestone in its journey to revolutionize stroke care.  Axana: Transforming Stroke Detection Axana is a portable,
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M&A: Predictive Oncology to be Acquired by Renovaro

by Fred Pennic 01/06/2025 Leave a Comment

Predictive Oncology to be Acquired by Renovaro

What You Should Know:  - Predictive Oncology Inc. (NASDAQ: POAI), a leader in AI-driven drug discovery, announced its upcoming acquisition by Renovaro, Inc. (NASDAQ: RENB) in a strategic move aimed at accelerating innovation and improving cancer treatment outcomes.  - The merger brings together two companies with a shared commitment to leveraging artificial intelligence and machine learning to transform cancer care. Synergistic Strengths and Shared Vision Both Predictive
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The Obesity Conversation: Moving Beyond Stigma and Shame

by Dr. Arti Masturzo, Chief Medical Officer at CCS 01/06/2025 Leave a Comment

The Obesity Conversation: Moving Beyond Stigma and Shame

The conversation about what makes a “healthy” body has never been simple. Throughout every era of history, people have resorted to calling each other too fat, too thin, too tall, too short, too curvy, too muscular, or too lanky, often to reinforce power structures or achieve social agendas.  And every single time, we fall for it. We spend billions upon billions of dollars on products, potions, and procedures to help us get a little closer to that perfect body — whatever that means. It’s
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