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Digital Health | News, Analysis, Insights - HIT Consultant

EarlySign Unveils Commercial Availability of AI Diabetes Risk Predictors Algorithm

by Jasmine Pennic 05/30/2019 Leave a Comment

EarlySign Unveils Commercial Availability of AI Diabetes Risk Predictors Algorithm

Medial EarlySign – an Israeli health AI company has just announced the commercial availability of its first suite of machine learning-based predictive diabetes risk solutions. Expanding the company’s portfolio of clinical risk predictors, these new diabetes-focused AlgoMarkers are designed to help healthcare systems identify and engage patients at high risk for diabetes and downstream
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GE Healthcare, Medhold Launches Intra-Hospital Patient Transport Monitor

by Fred Pennic 05/30/2019 Leave a Comment

GE Healthcare, Medhold Launches plug-and-play monitoring solution for conducting intra-hospital patient transport

GE Healthcare and Medhold has announced the launch of CARESCAPE ONE, an advanced lightweight plug-and-play monitoring solution for conducting intra-hospital patient transport in South Africa. The solution allows nurses to visually monitor critical patient conditions with precision during active patient transport between care areas.Complexities of Intra-Hospital Patient Transport Today’s intra-hospital patient transport has become an important part of healthcare delivery. It is a complex and
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Data-Driven Precision Medicine Startup Tempus Lands $200M to Expand Into New Therapeutic Areas

by Fred Pennic 05/30/2019 Leave a Comment

Data-Driven Precision Medicine Startup Tempus Lands $200M to Expand Into New Therapeutic Areas

Tempus, a leading technology company advancing precision medicine through the collection and analysis of molecular and clinical data, announced today an additional $200M financing at a value of $3.1 billion dollars. The investors include Baillie Gifford, Franklin Templeton, NEA, Novo Holdings, Revolution Growth, and funds and accounts managed by T. Rowe Price. With this latest round, the company has raised $520 million since its founding in September 2015.Founded in 2015, Tempus has the largest
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Pillo Health Raises $11M to Expand Personal Home Health Robot

by Jasmine Pennic 05/29/2019 Leave a Comment

Pillo Health Raises $11M to Redefine Medication Non-Adherence With Voice-Enabled Medication & Care Management Platform

Pillo Health, a Boston-based digital health company improving longevity and quality of life for patients managing their health at home has raised $11M in Series A funding, led by Stanley Black & Decker’s corporate venture capital arm with significant participation from Samsung Ventures. Existing investors, including BioAdvance, Hikma Ventures – the corporate venture capital arm of Hikma Pharmaceuticals PLC – Hackensack Meridien Health System’s Innovation Center Fund and
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Talkspace Nabs $50M to Expand Telebehavioral Health Platform

by Fred Pennic 05/29/2019 Leave a Comment

Talkspace $50M Telebehavioral Health Startup

Talkspace, a telebehavioral health company providing online therapy has raised $50M in funding led by Revolution Growth. Existing investors Norwest Venture Partners, Qumra Capital, Spark Capital and Compound Ventures, amongst others, will also participate in the round. Patrick Conroy of Revolution Growth will join the Talkspace board of directors. Additionally, the company announced a new partnership with Optum Health, which will expand Talkspace services to cover 5 million lives.Transforming
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Welkin Health Lands $17.5M for Patient Relationship Management Platform

by Fred Pennic 05/29/2019 Leave a Comment

Welkin Health Lands $17.5M for Patient Relationship Management Platform

Welkin Health, a digital health company based in San Francisco has raised $17.5M in Series B funding led by Altos Ventures. Existing investors, Thrive Capital, Red Swan Ventures, and Asset Management Ventures also contributed to the round, which brings Welkin’s total funding to $30 million to date. The company plans to use that latest round of funding to expand operations and its business reach. Helping Care Teams Have Meaningful Relationships With Their Patients Founded in 2013, Welkin’s
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3 Major Problems With the Medical Device and Wearables Market in 2019

by HITC Staff 05/29/2019 Leave a Comment

3 Major Problems With the Medical Device and Wearables Market in 2019

Technology can improve human life in significant ways and aid in the fight against troublesome illnesses. Unfortunately, no technology is perfect — and newer technologies are especially prone to growing pains.There are three major problems in today's medical devices and wearables market: potential sabotage of the devices themselves, devices as a backdoor into networks and patient data, and device manufacturers taking advantage of regulatory loopholes to get their products on the market.1. Many
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FDA Clears First Smartphone-Controlled Migraine Wearable Device

by Fred Pennic 05/28/2019 Leave a Comment

FDA Clears First Smartphone-Controlled Migraine Wearable Device

Today, Theranica announced that the FDA has granted De Novo clearance for Nerivio Migra, the first-ever smartphone controlled wearable for the acute treatment of migraines. Worn on the upper arm, Nerivio Migra utilizes remote electrical neuromodulation for the acute treatment of migraine that is proven to be as effective as leading devices and drugs on the market in treating acute migraine, with fewer and more mild side effects.Migraine is the third most common disease in the world, with an
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Medically Home Group Nabs $10M for Scalable, Virtual Hospital Platform

by Fred Pennic 05/28/2019 Leave a Comment

Medically Home Group Nabs $10M for Scalable, Virtual Hospital Platform

Medically Home Group, Inc., a Boston, MA-based technology-enabled services company has raised $10 million in Series B funding led by Cardinal Health and other investors. This strategic investment for Medically Home from Cardinal Health and other investors illustrates the rapid movement in the market for innovative value-based models. The company plans to use the latest round of funding to support scaling efforts and to realize a common vision of enabling cost-effective, patient-centric
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4 Areas in Consumer-Driven Healthcare Ripe for Innovation

by Steven Auerbach, CEO of Alegeus 05/28/2019 Leave a Comment

4 Areas in Consumer-Driven Healthcare Ripe for Innovation

Consumer-driven healthcare (CDH) has become pervasive over the last decade as a powerful tool to help address the cost crisis in the American healthcare system. The success of CDH in reversing the cost trend – together with the recent rise in health savings account (HSA) adoption – confirms that CDH will continue to thrive into the future. Despite its success, CDH, as we know it today, is far from perfect. Employers struggle to effectively design a CDH program (the combination of the health plan
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