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Digital Health | News, Analysis, Insights - HIT Consultant

Konica Minolta to Accelerate Commercialization of Dynamic Digital Radiography in US Market

by Jasmine Pennic 07/23/2019 Leave a Comment

Konica Minolta to Accelerate Commercialization of Dynamic Digital Radiography in US Market

Konica Minolta Healthcare Americas, Inc., a provider of medical imaging systems and healthcare IT, along with Shimadzu Medical Systems USA announced a collaborative agreement that will accelerate the commercialization of Dynamic Digital Radiography (DDR) in the US healthcare market. Konica Minolta, Inc. and Shimadzu Corporation collaborated on the development of DDR incorporating Konica Minolta's new advanced image processing and Shimadzu's RADspeed Pro radiographic imaging system. The
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3 Use Cases for Artificial Intelligence in Healthcare

by Ron Soferman, Founder and CEO, RSIP Vision 07/22/2019 Leave a Comment

Ron Soferman, Founder and CEO, RSIP Vision

Artificial intelligence is bringing about major innovations in healthcare in a number of different ways. While so much regarding artificial intelligence involves the future, but within healthcare, it is not just plans or intentions, but AI is already a concrete reality in the field.  It has all been set in motion by advances in machine learning and fueled by the increasing availability of healthcare data. AI aims to simulate human cognitive functions.  It can replace human judgment in
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Depression App UpLift Raises $1M to Help People Fight Depression

by Jasmine Pennic 07/18/2019 Leave a Comment

Depression App UpLift Raises $1M to Help People Fight Depression

UpLift is the first mobile consumer app for depression to be based on a complete course of Cognitive Behavioral Therapy (CBT). The new round of funding will be used to accelerate UpLift’s development and improve core technology, while also building out newly requested features like an enhanced gamification system, the ability to connect with a coach, and more evidence-based and personalized activities to improve users’ mood.  Cognitive Behavioral Therapy (CBT) Approach to DepressionUpLift
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UCLA Spin Out DEARhealth Lands $6M for AI-Powered Pathways for Chronic Care

by Fred Pennic 07/17/2019 Leave a Comment

UCLA Spin Out Dear Health Lands $6M for AI-Powered Pathways for Chronic Care

DEARhealth, a health IT spin-out from the University of California, Los Angeles (UCLA) has raised $6.8 million in Series A funding to expand its AI-powered pathway platform for chronic care. Participants in the Series A funding round include Philips Health Technology Ventures, Vesalius Biocapital III and Health Innovations. DEARhealth was founded in 2011 by Daniel Hommes as a research project when a team of UCLA specialists designed a value-based care program for the management of chronic
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Yale, Mayo Clinic, Biofourmis Launches Research to Detect Heart Failure Using Wearable Biosensor Data

by Jasmine Pennic 07/17/2019 Leave a Comment

Yale, Mayo Clinic, Biofourmis Launches Research to Detect Heart Failure Using Wearable Biosensor Data

Biofourmis has entered a research partnership with the Yale University-Mayo Clinic Center of Excellence in Regulatory Science and Innovation (CERSI). Biofourmis' mobile platform BiovitalsHFTM will be leveraged in a study of patients with heart failure to monitor functional capacity and quality of life to see if greater emphasis should be placed on these measures in the drug approval process.Impact of Heart FailureHeart failure afflicts approximately 6.5 million patients in the United States and
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Notable Nabs $40M to Expand Drug Discovery Platform for Personalized Oncology

by Fred Pennic 07/17/2019 Leave a Comment

Notable Nabs $40M to Expand Drug Discovery Platform for Personalized Oncology

Notable, a San Francisco, CA-based company redefining cancer treatment with a clinically validated platform that rapidly advances cancer drug development has raised $40M in Series B funding. The Series B round is co-led by B Capital Group and LifeForce Capital. LifeForce is a returning investor, joined by new investors B Capital and Industry Ventures. This latest round brings Notable’s total funding to over $55M.Notable was founded in 2017 by Matt De Silva after helping his own father Marc, who
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Global Digital Health VC Funding Breaks $5.1B in First Half of 2019

by Fred Pennic 07/16/2019 Leave a Comment

VC Funding in Digital Health Hits $5.1 Billion in 1H 2019,

Global venture capital (VC) funding in digital health/health IT, including private equity and corporate venture capital, reach $5.1 billion in the first half of 2019, according to market research firm Mercom Capital. The 1H and Q2 2019 Digital Health (Healthcare IT) Funding and M&A Report reveals $5.1B in funding across 318 deals compared to $4.9B across 383 deals in 1H 2018. Q2 2019 VC funding held strong at $3.1 billion in 169 deals following the $2 billion raised in 149 deals in Q1 2019.
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Capital Rx Lands $12M To Redefine The $550B Pharmacy Benefit Industry

by Jasmine Pennic 07/16/2019 Leave a Comment

Capital Rx Lands $12M To Redefine The $550B Pharmacy Benefit Industry

Capital Rx, a New York-based pharmacy benefits manager overseeing prescription benefit plans for employers, unions, and government entities, today announced it has raised $12M in growth funding led by Edison Partners.Transforming An Outdated Model“Historically, the PBM industry chose consolidation over innovation, which is why the model hasn’t evolved in twenty years,” said AJ Loiacono, founder, and CEO of Capital Rx. “The sad truth is employers procure office supplies more effectively than
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Why Coworking Spaces Are Essential for Medical Practices

by Noam Sadovnik, CEO of Clinicube 07/16/2019 Leave a Comment

Why Coworking Spaces Are Essential for Medical Practices

Collaborative work environments remain one of the biggest trends in office space. These coworking spaces have proven to improve the happiness, productiveness, and well-being of employees. However, the use of coworking spaces remains greatly underdeveloped in a medical industry that has seen private practice rates plummet in recent years. For many physicians, having a private practice is the optimal professional scenario. And yet, private practices are in steep decline. In 2016, less than half of
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Stryker, RCSI Partner to Develop Digital Health Solutions for Emergency & Specialist Care

by Jasmine Pennic 07/15/2019 Leave a Comment

Stryker, RCSI Partner to Develop Digital Health Solutions for Emergency & Specialist Care Blue Cross Blue Shield Institute Launches Program to Address Social Determinants of Health at The Community Level

Stryker announced today the opening of its Digital Platform Services Centre of Excellence in Dublin, Ireland, and a strategic collaboration with RCSI (Royal College of Surgeons in Ireland) to develop digital health solutions for use in emergency and specialist care settings to provide more seamless care coordination for patients suffering from time critical medical emergencies.As part of the collaboration, Stryker will locate its Digital Platform Services Innovation and Ideation Hub in RCSI’s
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