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Digital Health | News, Analysis, Insights - HIT Consultant

M&A: MTIP Acquires Majority Stake in Dossier Solutions

by Syed Hamza Sohail 12/19/2024 Leave a Comment

MTIP Acquires Majority Stake in Dossier Solutions

What You Should Know: - MTIP, a Swiss growth and buyout firm specializing in healthcare software, is pleased to announce the acquisition of a majority stake in Dossier Solutions, a leading healthcare competency management SaaS provider. - The acquisition aims to accelerate US market  growth, expand geographic reach, and enhance the Dossier technology platform. Transforming Healthcare Through Digital Competency Management: Dossier's Global Expansion and Strategic Partnership with
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Confido Health Raises $3M to Automate Healthcare Ops with AI Digital Workers

by Jasmine Pennic 12/19/2024 Leave a Comment

Confido Health Raises $3M to Automate Healthcare Ops with AI Digital Workers

What You Should Know:  - Confido Health, a healthcare technology company developing AI-powered digital workers for specialty practices, has secured $3M in seed funding led by Together Fund. - Confido Health was founded by serial entrepreneurs with expertise in AI-driven automation. The investment will fuel the company's mission to transform healthcare operations by automating administrative tasks and improving efficiency.  Addressing the Burden of Manual
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Amwell CFO Mark Hirschhorn Expands Leadership Role to COO

by Healthcare Executives Hires 12/18/2024 Leave a Comment

Amwell CFO Mark Hirschhorn Expands Leadership Role to COO

What You Should Know:  - Amwell, a provider of digital healthcare solutions, has announced that its Chief Financial Officer (CFO), Mark Hirschhorn, will assume an expanded role as Chief Operating Officer (COO), effective January 1, 2025.  - The alignment reflects Amwell's focus on streamlining operations and scaling its business to meet the increasing demand for digital healthcare services. Expanded Responsibilities for CFO In his new role, Hirschhorn will oversee Amwell's
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Scripta Insights Raises $17M for AI-Powered Pharmacy Navigation

by Fred Pennic 12/18/2024 Leave a Comment

Scripta Insights Raises $17M for AI-Powered Pharmacy Navigation Platform

What You Should Know:  - Scripta Insights, an AI-powered pharmacy navigation platform, has secured $17M in Series B funding led by Aquiline, a private investment firm specializing in financial services and technology.  - The latest investment brings Scripta's total funding to $42M and supports its mission to address the rising cost of prescription drugs in the United States. Addressing the Prescription Drug Affordability Crisis The cost of prescription drugs is a significant
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Suki & Google Cloud Partner to Provide Clinicians with Patient Summaries and Q&A Functionality

by Syed Hamza Sohail 12/18/2024 Leave a Comment

Suki & Google Cloud Partner to Provide Clinicians with Patient Summaries and Q&A Functionality

What You Should Know: - Suki, the leader in AI technology for healthcare, today announced new enhancements to its flagship product, Suki Assistant, in collaboration with Google Cloud. To further support clinicians in providing the best care possible, Suki Assistant will leverage Google Cloud’s Vertex AI platform to expand its assistive capabilities to now provide patient summaries and Q&A functionality. -  With these additions, Suki becomes the industry’s first end-to-end clinical
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Atropos Health + Scipher Medicine Partner to Transform Precision Medicine for Rheumatoid Arthritis

by Syed Hamza Sohail 12/18/2024 Leave a Comment

Atropos Health + Scipher Medicine Partner to Transform Precision Medicine for Rheumatoid Arthritis

What You Should Know: -  Scipher Medicine, a leader in precision medicine for autoimmune diseases, and Atropos Health, the pioneer in translating real-world clinical data into personalized real-world evidence, today announced a strategic partnership to accelerate precision medicine and expand the Immunology Multimodal Network, advancing shared decision making for patients with rheumatoid arthritis (RA). - This collaboration will leverage Scipher's unique data and intelligence derived from
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Benchstrength Closes $62M Early-Stage VC Fund with Healthcare Focus

by Fred Pennic 12/18/2024 Leave a Comment

Benchstrength Closes $62M Early-Stage VC Fund with Healthcare Focus

What You Should Know:  - Benchstrength, a New York City-based venture capital firm, has announced the close of its first $62M fund, focused on investing in high-potential, early-stage technology companies.  - The $62M fund has attracted a diverse group of investors, including prominent foundations, institutional investors, and individual investors. Investing in Transformative Technologies Led by former General Catalyst investors Ken Chenault Jr. and John Monagle,
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Patients Prefer AI Over Doctors — Is The Future of Healthcare Here?

by Max Votek, co-founder of Customertimes 12/18/2024 Leave a Comment

Patients Prefer AI Over Doctors — Is The Future of Healthcare Here?

AI has left a mark on every industry and the healthcare industry is no exception. Over the years, AI has been integrated into important parts of the healthcare system, such as diagnosis, treatment, patient care, and daily administrative processes. But we’re left to wonder if the large-scale integration of AI could mean that patients are starting to rely on AI instead of choosing one-on-one interaction with medical professionals. Understanding the Shift in Patient Preferences Over 83
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Dexcom Introduces Generative AI Platform for Glucose Biosensing

by Jasmine Pennic 12/17/2024 Leave a Comment

Dexcom Introduces Generative AI Platform for Glucose Biosensing

What You Should Know:  - Dexcom, the global leader in continuous glucose monitoring (CGM), has achieved another groundbreaking milestone by launching the first generative AI (GenAI) platform in glucose biosensing technology, Stelo.  - The Stelo platform analyzes individual health data patterns to provide personalized insights and recommendations for improving metabolic health. AI-Powered Personalized Guidance The Dexcom GenAI platform leverages Google Cloud's Vertex AI and
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BrightInsight, Sanofi to Build Drug Companion Apps for its Major Specialty Therapies

by Fred Pennic 12/17/2024 Leave a Comment

BrightInsight, Sanofi to Build Drug Companion Apps for its Major Specialty Therapies

What You Should Know:  - BrightInsight, Inc., a provider of regulated digital health solutions, has announced an expanded multi-year partnership with Sanofi, a global biopharmaceutical company. This expanded partnership builds on a successful collaboration that began in 2022 when Sanofi selected the BrightInsight Platform to accelerate the development of a SaMD for one of its specialty care medicines. - The goal of the collaboration aims to accelerate Sanofi's drug development timeline and
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