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Digital Health | News, Analysis, Insights - HIT Consultant

Indian Digital Health Startup mfine Nabs $17.2M for Virtual Healthcare Delivery Network

by Jasmine Pennic 04/26/2019 Leave a Comment

Health-tech AI Startup mfine

mfine, an India-based digital health startup has raised $17.2 million in Series B funding led by SBI Investment, a Japan-based venture capital firm and a subsidiary of the SBI Group. Singapore-based SBI Ven Capital which is SBI Group's Southeast-Asian investment arm and tech-focused global venture capital firm BEENEXT also participated in the round alongside existing investors, Stellaris Venture Partners and Prime Venture Partners. Why mfine?Founded in February 2017 by Ashutosh Lawania (Myntra
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Cardiogram’s Wearable Based Monitoring Tool Is Now Covered by Oscar

by Fred Pennic 04/26/2019 Leave a Comment

Cardiogram’s Wearable Based Monitoring Tool Is Now Covered by Insurer Oscar

Cardiogram is a digital health company announced that it's wearable-based monitoring for atrial fibrillation and diabetes is now covered by Oscar Health Insurance, without paying out of pocket. The coverage will help provide end-to-end preventive care: continuous wearable monitoring, convenient testing, contextualized results, and clinical triage.Impact of Chronic ConditionsFor chronic conditions like diabetes, atrial fibrillation, hypertension, and sleep apnea, anywhere between 20–80% of cases
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Massachusetts Launches Digital Health ‘Sandbox’ Program for Startups

by Jasmine Pennic 04/25/2019 Leave a Comment

Massachusetts Launches Digital Health 'Sandbox' Program for Startups

 On Wednesday, Massachusetts Governor Charlie Baker joined members of the Massachusetts Digital Health Council to announce a new program to drive the growth of innovative startups in the state, helping them access unique R&D facilities in the state. The announcement was made at Worcester Polytechnic Institute’s PracticePoint research, development and commercialization alliance, the first R&D ‘sandbox’ selected to host startups as part of the program. That facility was the recipient of a
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Humana Launches First Virtual Primary Care Plan for Members

by Fred Pennic 04/25/2019 Leave a Comment

Doctor on Demand, Humana Launches First Virtual Primary Care Plan for Members

Health insurer Humana and virtual care provider Doctor On Demand has announced the launch of On Hand, an innovative and affordable health plan that centers on comprehensive virtual primary care for members. On Hand addresses the number one reason small businesses don’t offer health insurance-- cost -- by offering a plan 50% lower than the industry standard monthly premiums. On Hand Primary Care Plan Overview Employers and members who elect this primary care plan will gain access to a
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ATA 2019 Show Report – Don’t Be Fooled by First Impressions

by Jasmine Pennic 04/25/2019 Leave a Comment

ATA 2019 Show Report – Don’t be Fooled by First Impressions

2019 will be a big year for telehealth, but for those attending ATA 2019 in New Orleans last week, it may not have seemed so on the surface. Particularly given that attendee numbers peaked several years ago and one-or-two high-profile regulars, such as Philips and Vidyo, were also missing from the exhibition floor this year.With telehealth enjoying center-stage coverage at HIMSS (only two months ago) and being a key theme at consumer electronics/telecoms shows such as CES and MWC, the annual ATA
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GoCheck Kids Nabs $6M for iPhone App That Detects Amblyopia in Pre-Verbal Children

by Fred Pennic 04/25/2019 Leave a Comment

GoCheck Kids, the creators of an FDA-registered and CE certified iPhone app that screens for amblyopia in pre-verbal children used by over 4,500 pediatricians announced it has raised $6M in Series B funding led by FCA Venture Partners. The investment will be used to add artificial intelligence capabilities with Apple’s CoreML and ARKit and accelerate further electronic health record (EHR) integrations. Amblyopia: The Leading Cause of Vision Loss in U.S. Children According to the CDC,
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Y Combinator Startup Meru Health Raises $4.2M to Advance Digital Clinic for Mental Health

by Jasmine Pennic 04/25/2019 Leave a Comment

Y Combinator Startup Meru Health Raises $4.2M to Advance Digital Clinic for Mental Health

Meru Health, a Y Combinator company currently participating in the Texas Medical Center TMCx Accelerator in Houston has raised $4.2 million in seed funding from Freestyle Capital, Bonit Capital, Y Combinator, Lifeline Ventures, and IT-Farm. The seed funding will be used to advance its mobile phone-based digital clinic for depression and anxiety and support additional clinical validation. Peer-reviewed data of this intervention found a significant reduction in depression symptoms as well as close
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Why 2018 May Have Been A High-Water Mark for Digital Health Funding

by Michael A Greely, Co-Founder & General Partner at Flare Capital Partners 04/24/2019 Leave a Comment

Pandemic Further Exposes Systemic Racism… Healthcare Technology Digital Health

Notwithstanding the quite significant stock market turmoil for publicly traded healthcare companies in recent months, the level of private investment activity continued to be quite strong this past quarter. According to Rock Health, 1Q19 registered just under $1.0 billion of investments made in 61 healthcare technology companies, which while below the trailing two year quarterly average of $1.4 billion, still suggests an annual investment pace running toward $4.0 billion. StartUp Health, which
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Vital Lands $5.2M for AI-Powered Emergency Department Platform

by Fred Pennic 04/24/2019 Leave a Comment

Vital Lands $5.2M for AI-Powered Emergency Department Platform

Vital, an Atlanta, GA-based AI-powered software increasing productivity and improving patient health in hospital emergency rooms has raised $5.2M led by First Round Capital and Threshold Ventures (formerly DFJ Venture). The seed round also includes participation from Bragiel Brothers, Meridian Street Capital, Refactor Capital, and SV Angel, with angel investment from Vivek Garipalli, CEO of CloverHealth; and Nat Turner and Zach Weinberg, founders of Flatiron Health. Josh Kopelman, founder, and
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Security Vulnerabilities Detected in ICDs: Addressing Ransomware Risk in Medical Devices

by HITC Staff 04/24/2019 Leave a Comment

Security Vulnerabilities Detected in ICDs: Addressing Ransomware Risk in Medical Devices

Medical device usage is on the rise, and that reality potentially puts people at risk if those gadgets have security flaws. It's crucial for device manufacturers, industry regulators and health practitioners to work together to ensure safety are paramount as adoption rises.Internal health devices are particularly at risk, especially since patients and providers may not immediately notice issues. The people who use or prescribe them assume they'll work as expected and typically don't have ways to
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