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Digital Health | News, Analysis, Insights - HIT Consultant

Linux Foundation Public Health creates the Global COVID Certificate Network

by Jasmine Pennic 06/11/2021 Leave a Comment

Linux Foundation Public Health creates the Global COVID Certificate Network (GCCN)

What You Should Know: - Linux Foundation Public Health (LFPH) announced a new collaborative network, the Global COVID Certificate Network, to facilitate the safe and free movement of individuals globally during the COVID pandemic. - The new collaboration will establish a global trust registry network that enables interoperable and trustworthy exchanges of COVID certificates among countries for safe reopening and provide related technology and guidance for implementation. - The
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Transcarent Raises $58M for Consumer-Directed Care Platform for Self-Insured Employers

by Jasmine Pennic 06/10/2021 Leave a Comment

Transcarent Raises $58M for Consumer-Directed Care Platform for Self-Insured Employers

What You Should Know: - Transcarent, a San Francisco, CA-based provider of consumer-directed healthcare to self-insured employers, just announced $58M in Series B funding led by many of the top health and tech investors, bringing its total funding to $98M. - Led by CEO Glen Tullman, an industry veteran who previously led Livongo and Allscripts, Transcarent is overhauling the self-insured healthcare industry - a market that is long overdue for disruption. Despite numerous efforts and
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Valo Health and Khosla Ventures Merge to Go Public in $2.8B SPAC Deal

by Fred Pennic 06/09/2021 Leave a Comment

Valo Health and Khosla Ventures Merge to Go Public in $2.8B SPAC Deal

What You Should Know: Valo Health, the technology company using human-centric data and artificial intelligence (AI) powered computation to transform the drug discovery and development process, and Khosla Ventures Acquisition Co. ("KVAC") (NASDAQ: KVSA), a special purpose acquisition (SPAC), announced today that they have entered into a definitive merger agreement. - The SPAC deal represents a pro forma market value of approximately $2.8B for the combined company. The combined company is
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Medable, Aural Analytics Partner to Develop Remote Cancer Digital Solutions

by Fred Pennic 06/09/2021 Leave a Comment

Medable Raises $78M to Expand Decentralized Clinical Trials Platform for Patient-Centered Drug Development

What You Should Know: - Medable announced today that it is now partnering with Aural Analytics to test and develop remote digital data tools and harmonization methods designed to assess the wellbeing of patients undergoing cancer treatment. - The addition of Aural Analytics’ speech biomarkers application improves outcomes data with important speech and language-based information about motor, cognitive, and respiratory function furthering the scope of digital measures which can be captured
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CareDx To Acquire Transplant Hero Medication Management App – M&A

by Fred Pennic 06/08/2021 Leave a Comment

CareDx To Acquire Transplant Hero Medication Management App - M&A

What You Should Know: - CareDx, Inc. (Nasdaq: CDNA), a leading precision medicine company focused on the discovery, development, and commercialization of clinically differentiated, high-value healthcare solutions for transplant patients and caregivers, today announced it has acquired Transplant Hero LLC, a New York-based provider of a mobile app supporting the needs of transplant patients. - The acquisition of Transplant Hero builds on
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Icario Acquires Consumer Engagement and Health Action Platform ChipRewards – M&A

by Jasmine Pennic 06/08/2021 Leave a Comment

Icario Acquires Consumer Engagement and Health Action Platform ChipRewards – M&A

What You Should Know: - Icario, the healthcare industry’s leading health action company, announced it has acquired ChipRewards, a leading SaaS platform used by health plans and employers to configure and manage consumer engagement programs. - With this acquisition, Icario will add self-service configurability and management capabilities that empower health plan teams to customize their approaches to engagement. - The acquisition comes as CVC Capital Partners (“CVC”), a leading global
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Backed by $6M, DUOS Emerges Out of Stealth with Personal Assistant for Aging

by Jasmine Pennic 06/08/2021 Leave a Comment

Backed by $6M, DUOS Emerges Out of Stealth with Personal Assistant for Aging

What You Should Know: - DUOS, a digital health company, came out of stealth today backed by $6M in combined seed funding from healthcare investor Redesign Health and consumer-focused Forerunner Ventures.   - DUOS provides a personal assistant for aging — a Duo — to help older adults stay healthy and age independently in their own homes. DUOS works with its members and their loved ones, along with health plans and providers, to provide holistic, personalized support. - In addition,
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One Medical Acquires Value-Based Primary Care Group Iora Health for $2.1B – Health M&A

by Fred Pennic 06/07/2021 Leave a Comment

One Medical Acquires Value-Based Primary Care Group Iora Health for $2.1B – Health M&A

What You Should Know: - Today, One Medical (NASDAQ: ONEM) announced its intent to acquire Iora Health, a value-based primary care group for serving roughly 38,000 Medicare patients through digital health and 47 in-person medical offices in ten markets across the United States for about $2.1B in stock. - Iora Health’s relationship-driven primary care model focuses on relationships to improve health outcomes and significantly lower costs than the traditional healthcare system.  -
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Truepill Launches White-Labeled Virtual Pharmacy Platform

by Fred Pennic 06/04/2021 Leave a Comment

Truepill Launches White-Labeled Virtual Pharmacy Platform

What You Should Know: - Truepill, the digital health platform powering consumer health experiences through diagnostics, telehealth and pharmacy infrastructure, today announced the launch of its Virtual Pharmacy platform. - The new white label led e-commerce pharmacy solution that enables payers, pharmacy benefit managers (PBMs), health systems and other healthcare entities to reimagine a more modern and consumer-centric pharmacy shopping experience. - The service is available in all
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Cigna International Taps Teladoc Health to Expand Telehealth Capabilities in India

by Fred Pennic 06/04/2021 Leave a Comment

Cigna International Taps Teladoc Health to Expand Telehealth Capabilities in India

What You Should Know: - Cigna International today announced a collaboration with Teladoc Health to support populations in India during the current humanitarian crisis through telehealth solutions. - In a coordinated approach, Cigna International Markets and Teladoc Health activated local and global telehealth capabilities in less than 24 hours and brought much needed care to many people who desperately need help from the global community. - Together, both companies delivered an agile
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