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Digital Health | News, Analysis, Insights - HIT Consultant

UnityPoint Health Launches $100M Venture Fund to Invest in Early-Stage Growth Startups

by Fred Pennic 05/24/2019 Leave a Comment

UnityPoint Health Launches $100M Venture Fund to Invest in Early-Stage Growth Startups

UnityPoint Health, a West Des Moines, IA-based network of hospitals, clinics, and home care services in Iowa, Illinois, and Wisconsin has announced the launch of its $100M venture fund at the inaugural MedCity INVEST Pop Health conference in New Orleans this week. The UnityPoint Health Ventures Innovation Fund will manage and direct the health system’s financial and strategic investment opportunities in early-stage growth companies in four key sectors: digital health, medical devices,
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NightWare Awarded FDA “Breakthrough Status” for PTSD Apple Watch App

by Jasmine Pennic 05/24/2019 Leave a Comment

NightWare Awarded FDA "Breakthrough Status" for PTSD Apple Watch App

NightWare, Inc., digital therapeutics for mental health company has received Breakthrough Status designation from the U.S. Food and Drug Administration (FDA) for its NightWare Apple Watch app that measures and treats nightmares in people with Post-Traumatic Stress Disorder (PTSD).Impact of Nightmare DisordersNightmares and Nightmare Disorder have been linked to increased suicidality, heightened risk of heart disease, diabetes, and contributes to cognitive difficulties such as memory loss,
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Stanford Spinout Cardinal Analytx Lands $22M for AI-Enabled Health Insights

by Jasmine Pennic 05/24/2019 Leave a Comment

Cardinal Analytx Lands $22M for AI-Enabled Health Insights

Cardinal Analytx Solutions, an artificial intelligence (AI)-enabled health insights company has raised $22 million in Series B funding round led by John Doerr including participation from GuideWell Mutual Holding Corporation, Blue Shield California and Premera Blue Cross.Getting Ahead of High Cost EventsHealth insurers, accountable healthcare providers and other health industry stakeholders recognize that U.S. health care spending growth and shortfalls in treatment outcomes are not sustainable.
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Former FDA Commissioner Returns to Venture Capital Firm As Special Partner

by Fred Pennic 05/22/2019 Leave a Comment

FDA Commissioner Scott Gottlieb to Step Down

Former FDA Commissioner Scott Gottlieb, M.D. is returning to global venture capital firm New Enterprise Associates (NEA) as a Special Partner on the firm’s healthcare investment team. Dr. Gottlieb was a Venture Partner at NEA from 2007 to 2017 before being appointed the 23rd Commissioner of the U.S. Food and Drug Administration (FDA), where he served from 2017 to 2019.Dr. Gottlieb is a physician, policy expert, and advocate for healthcare entrepreneurship, innovation, and access. He is focused
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Bioelectronic Medicine Startup Cala Health Nabs $50M for Wearable Neuromodulation Therapies

by Jasmine Pennic 05/22/2019 Leave a Comment

Bioelectronic Medicine Startup Cala Health Nabs $50M for Wearable Neuromodulation Therapies

Cala Health, Inc., a San Francisco, CA-based bioelectronic medicine company developing wearable therapies for chronic disease has raised $50 million in Series C funding. New investors in the Series C funding round include Novartis, Baird Capital, LifeSci Venture Partners, TriVentures, and others. All existing investors participated in the round, including Johnson & Johnson Innovation – JJDC, Inc. (JJDC), Lux Capital, Lightstone Ventures, Action Potential Venture Capital, dRx Capital, and
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Survey: 83% of Consumers Are Interested in Receiving Virtual Care, But Only 17% Have Access To It

by Fred Pennic 05/22/2019 Leave a Comment

Xerox: 61% of Americans Open to Receiving Virtual Care

Virtual care received an essential boost in November 2018 when CMS Administrator Seema Verma addressed the Alliance for Connected Care Telehealth Policy Forum for Health Systems. Verma told the audience, "Telehealth is changing the very face of healthcare.” This shift is apparent in the behaviors of healthcare consumers. While consumers may love the idea of virtual care, a new study shows few are taking advantage of it.Patients Hungry for Virtual CareThat’s the core message coming out of a
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Alegeus Unveils Smart HSA Solution to Bolster Healthcare Spending and Saving Decisions

by Jasmine Pennic 05/21/2019 Leave a Comment

Alegeus Unveils Smart HSA Solution to Bolster Healthcare Spending and Saving Decisions

Alegeus, the market leader in consumer-directed healthcare (CDH) solutions, today announced that the industry’s first Smart HSA that features machine learning and artificial intelligence (AI) was presented for the first time during the 2019 Alegeus Client Conference. Smart HSA: A New Approach to CDH Account SolutionsThis next generation of the existing Alegeus solution provides broader support for the benefits lifecycle and greater influence across the full spectrum of healthcare benefits. It
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Glooko Appoints Dr. Mark Clements as Chief Medical Officer

by Jasmine Pennic 05/21/2019 Leave a Comment

Glooko Appoints Dr. Mark Clements as Chief Medical Officer

Glooko, a provider of diabetes data management solutions, today announced the appointment of Mark Clements, MD, Ph.D., CPI, FAAP, as Chief Medical Officer. Dr. Clements joins the senior management team of Glooko having served on its medical advisory board since it was formed in 2015 to provide expertise to the organization in the areas of clinical studies and diabetes analytics.  Dr. Clements comes to Glooko from the University of Missouri-Kansas City School of Medicine, where he is Associate
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Biofourmis Lands $35M for AI-Powered Digital Therapeutics Platform

by Jasmine Pennic 05/21/2019 Leave a Comment

Biofourmis Lands $35M for AI-Powered Digital Therapeutics Platform

Biofourmis, a Boston, MA-based digital therapeutics platform, today announced that it has raised $35 million in Series B funding led by Sequoia Capital/Sequoia India and co-led by Mass Mutual. The latest funding round will enable the company to advance its proprietary artificialintelligence (AI)-powered digital therapeutics platform and pipeline that treats and manages a range of complex chronic conditions.Digital Therapeutics is Redefining The Healthcare Value ChainFounded in 2015, Biofourmis
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MaxQ AI Launches FDA Cleared, CE Approved Slice-Level Intracranial Hemorrhage Detection

by Fred Pennic 05/21/2019 Leave a Comment

MaxQ AI Launches FDA Cleared, CE Approved Slice-Level Intracranial Hemorrhage Detection

 MaxQ AI, an Israeli-based medical diagnostic AI company has launched the company’s new ACCIPIO Ax solution, which features SliceMap, an integrated view that guides clinicians rapidly to CT slices with suspected intracranial hemorrhage (ICH) without leaving their PACS viewer. Slice-Level Intracranial Hemorrhage DetectionACCIPIO Ax is FDA Cleared, CE Approved, and the second component of MaxQ AI’s ACCIPIO ICH Platform, the complete ICH solution for stroke and head trauma assessment. Radiology
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