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Digital Health | News, Analysis, Insights - HIT Consultant

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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Carbon Health Acquires CGM-Enabled Virtual Diabetes Platform Steady Health

by Fred Pennic 06/04/2021 Leave a Comment

Carbon Health Acquires CGM-Enabled Virtual Diabetes Platform Steady Health

What You Should Know: - Carbon Health, a technology-enabled healthcare provider, announced the acquisition of Steady Health, a fully integrated diabetes platform that uses data from continuous glucose monitoring (CGM) devices to provide personalized medical care from top endocrinologists. Financial details of the acquisition were not disclosed. - The Steady Health acquisition accelerates Carbon Health’s rollout of an innovative new primary care model, which integrates Carbon Health’s
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Vynca Acquires Virtual Palliative Care Provider ResolutionCare – M&A

by Fred Pennic 06/03/2021 Leave a Comment

Vynca Acquires Virtual Palliative Care Provider ResolutionCare – M&A

What You Should Know: -  Vynca, a national leader in advance care planning, today announced the acquisition of  ResolutionCare, a California-based innovator and provider of home-based palliative care and telemedicine. - With the acquisition of ResolutionCare’s comprehensive board-certified, physician-led palliative care model, Vynca is well-positioned to expand its support services to the seriously ill, which aligns well with its existing advance care planning
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Cognoa Awarded FDA Authorization For AI-Based Autism Diagnosis Aid

by Jasmine Pennic 06/03/2021 Leave a Comment

Cognoa Awarded FDA Authorization For AI-Based Autism Diagnosis Aid

What You Should Know: - Cognoa, a pediatric behavioral health company developing diagnostic and therapeutic solutions for children living with behavioral health conditions, has been granted FDA authorization to market the company’s first-of-its-kind, AI-based autism diagnosis aid – Canvas Dx. - Canvas Dx is the first diagnosis aid designed to help physicians to diagnose autism spectrum disorder (ASD) in
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UPMC Spins Out Realyze Intelligence for AI-Based Clinical Intelligence Platform

by Fred Pennic 06/03/2021 Leave a Comment

UPMC Spins Out Realyze Intelligence for AI-Based Clinical Intelligence Platform

What You Should Know: -  UPMC has launched Realyze Intelligence, a company that uses artificial intelligence and natural language processing to identify precise patient populations with chronic diseases and cancer to ensure they receive the most beneficial treatments. - Founded by Gilan El Saadawi, M.D., Ph.D and Aaron Brauser founded in conjunction with UPMC Enterprises, the innovation and commercialization arm of UPMC.  - The U.S. healthcare industry spends
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Thirty Madison Reaches $1B Valuation with $140M Series C Funding

by Fred Pennic 06/02/2021 Leave a Comment

Backed by Johnson & Johnson, Thirty Madison Raises $47M for Direct-to-Consumer Telehealth Brands

What You Should Know: - Thirty Madison, the premier healthcare company for people with chronic conditions, today announced a $140 million Series C round led by new investor HealthQuest Capital. Mousse Partners and Bracket Capital also participated in the funding, along with existing investors Polaris Partners, Johnson & Johnson Innovation - JJDC, Inc., Northzone, Greycroft, and others. Thirty Madison has raised a total of $210 million to date and is now valued at over $1
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