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Digital Health | News, Analysis, Insights - HIT Consultant

FDA Approves First Ortho-K Contact Lens to Manage Myopia

by Fred Pennic 05/12/2021 Leave a Comment

FDA Approves First Ortho-K Contact Lens to Manage Myopia

What You Should Know: - Today, Johnson & Johnson Vision announced that the U.S. Food and Drug Administration (FDA) has approved ACUVUE® Abiliti™ Overnight Therapeutic Lenses, the first and only orthokeratology (ortho-k) contact lens for the management of myopia.   - Myopia, or ‘nearsightedness,’ is a chronic and progressive disease. Research shows that myopia will affect half of the world’s population by 2050,
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DrFirst Raises $50M in Follow-On Equity Investment, Totals $135M

by Fred Pennic 05/12/2021 Leave a Comment

DrFirst Secures $50 Million Follow-on Equity Investment from Sixth Street to cap off $135M total in 2020-21

What You Should Know: - DrFirst, a provider of e-prescribing, price transparency, and medication management solutions, announced today the closing of a $50 million equity investment from Sixth Street Growth, a leading global investment firm. Following Sixth Street’s previous $35 million investment and another $50 million from Goldman Sachs Growth, both in 2020, DrFirst’s investment total over the past year is now $135 million. - The company’s solution is used by nearly 300,000 healthcare
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Bose Launches First FDA-Cleared DTC Hearing Aids

by Jasmine Pennic 05/12/2021 Leave a Comment

Bose Launches First FDA-Cleared DTC Hearing Aids

What You Should Know: - Bose is entering the digital health market launch of Bose SoundControl Hearing Aids – the first FDA-cleared, direct-to-consumer hearing aid.    - Weighing 3 grams each, the new SoundControl™ Hearing Aids are developed for adults with perceived mild to moderate hearing loss. Eight batteries are included in total, and one lasts up to four days when used 14 hours daily. They can be replaced wherever hearing aid batteries are sold and easily changed via a
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UltraSight Raises $13M to Bring AI-Guided Cardiac Ultrasound to Point of Care

by Jasmine Pennic 05/11/2021 Leave a Comment

UltraSight Raises $13M to Bring AI-Guided Cardiac Ultrasound to Point of Care

What You Should Know: - UltraSight, an Israeli based digital health company focused on transforming cardiac sonography through the power of machine learning, announced today that it has closed a $13 million Series B funding round. - Cardiac sonography is a skill that takes years to develop.  It requires daily practice to achieve a high level of proficiency, resulting in a shortage of highly specialized professionals. UltraSight offers clinicians, with no prior sonography training, the
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Memora Health Raises $10.5M for Virtual Care Delivery Platform, Backed by Andreessen Horowitz

by Fred Pennic 05/11/2021 Leave a Comment

Memora Health Raises $10.5M for Virtual Care Delivery Platform, Backed by Andreessen Horowitz

- Memora Health, a San Francisco, CA-based virtual care delivery platform led by 24-year-old Manav Sevak announced a $10.5M round of funding led by Andreessen Horowitz. Additional investors including AlleyCorp, Martin Ventures, Kevin Durant and Rich Kleiman's Thirty Five Ventures, Sachin Jain, Operator Partners, Edward Elmhurst Health, B Capital, and Aaron Szekel also participated. - Manav was inspired to start the company as a pre-med student following doctors
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Teladoc Health Launches Unified Mental Healthcare Experience

by Jasmine Pennic 05/11/2021 Leave a Comment

Teladoc Health Launches Unified Mental Healthcare Experience

What You Should Know: -  Teladoc Health announces the launch of myStrength Complete, an integrated mental health service providing personalized, targeted care to consumers in a single, comprehensive experience. myStrength Complete’s proprietary stepped care model is designed to seamlessly combine app-based tools and coaching expertise with Teladoc’s therapists and psychiatrists to ensure that consumers get the level of mental health support and care they need, when they need it. -
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Mental Health App Forms Bond with Users, Marking Key Evolution in Digital Therapeutics

by Fred Pennic 05/11/2021 Leave a Comment

Mental Health App Forms Bond with Users, Marking Key Evolution in Digital Therapeutics

What You Should Know: - Digital therapeutics company Woebot Health announced its findings to an unprecedented and large-scale industry study that sought to understand whether users of its cognitive-behavioral therapy (CBT)-based conversational agent, Woebot, formed therapeutic alliances (or bonds) with the agent compared to traditional face-to-face therapy and other digital interventions that do not deploy a conversational agent. - According to the study, the bond that Woebot formed with
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Eko’s AI Algorithm Validated as a Clinical Tool for Detecting Heart Murmurs

by Jasmine Pennic 05/10/2021 Leave a Comment

FDA Breakthrough Status Granted for Heart Failure Algorithm by Eko

What You Should Know: -      Eko, a cardiopulmonary digital health company, today announced the peer-reviewed publication of a clinical study that found that the Eko artificial intelligence (AI) algorithm for detecting heart murmurs is accurate and reliable, with comparable performance to that of an expert cardiologist. - The findings suggest utility of the FDA-cleared Eko AI algorithm as a front line clinical tool to aid clinicians in screening for cardiac murmurs
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Clover Health Taps Roundtrip to Provide Non-Emergency Transportation Services for Medicare Advantage Members

by Fred Pennic 05/10/2021 Leave a Comment

Roundtrip digital transportation marketplace

What You Should Know: -  Roundtrip, the leading digital healthcare transportation marketplace, announces it is working with Clover Health, an innovative technology company improving health outcomes for America’s seniors, to offer non-emergency medical transportation to Clover’s Medicare Advantage members. The goal of the collaboration is to combat one of the most significant barriers to care for seniors in America: transportation. - Clover members whose plans include
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MedTech Breakthrough Announces 2021 MedTech Breakthrough Award Winners

by Fred Pennic 05/07/2021 Leave a Comment

2019 MedTech Breakthrough Award Category Winners Announced

 MedTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global health and medical technology market, today announced the winners of the organization's fifth annual awards program, showcasing technologies and companies that drive innovation and exemplify the best in digital health and medical technology solutions across the globe. Background & Approach All nominations were evaluated by an independent
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